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Public Document
No. 8
A N N U A L R E PO R T
OF THE
BANK COMMISSIONER,
1909.
PART I I .
RELATING TO
C O -O P E R A T IV E
M ORTGAGE
BANKS,
LOAN
COLLATERAL
AND
LOAN
IN V E S T M E N T
C O M P A N IE S ,
C O M P A N IE S .
BOSTON:
WEIGHT & POTTER PRINTING CO., STATE PRINTERS,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
18 P ost Office S quare.
1910.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
3>lZ.I
p+'Z
®l)c iommmuucaltl) of Jltassactjusetts.
O f f ic e o f t h e B a n k C o m m is s io n e r ,
State
H o u s e , B o s t o n , Jan. 19, 1910.
To the General Court o f Massachusetts.
A s required b j law, so much of the annual report of the Bank
Commissioner as relates to co-operative hanks, collateral loan com
panies and other loan companies is herewith submitted, and em
braces the year ending October 30, 1909.
C o - o p e k a t iv e B a n k s .
The number of such banks in operation October 30, 1909, was
140, being an increase of 3 during the y e a r: —
Chicopee Co-operative Bank o f Chicopee, began business August 3, 1909.
Lincoln Co-operative Bank o f Lynn, began business April 26, 1909.
Martha’s Vineyard Co-operative Bank o f Tisbury, began business May
14, 1909.
Aggregate Statement of Condition.
The following statement exhibits the total resources and liabilities
of the banks as summarized from their annual reports of October 31,
1908, and October 30, 1909, and also shows by percentages the dis
tribution of resources for the past six years: —
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
IV
[Pub. Doc
P e r c e n t a g e op I n v e st m e n t s to
T o ta l A ssets O cto be r 31.
ASSETS.
Oct. 30, 1909.
Oct. 31, 1908.
1909. 1908. 1907. 1906. 1905. 1904.
Securities.
Bonds and notes .
.
.
.
$111,878 85
$203,449 67
51,543,428 50
2,238,821 25
305,997 23
46,989,242 39
2,258,420 45
330,958 07
244,553 82
334,862 85
.
41,565
134,966
838
11,410
00
37
12
12
51,409
133,345
943
11,492
00
45
38
63
Miscellaneous.
Permanent exrpense
Temporary expense
Personal accounts
Insurance and taxes paid .
Sundry assets
.
.
.
.
13,919
22,900
1,718
3,341
10,996
19
92
08
04
48
13,482
21,733
3,334
3,183
16,413
77
99
46
72
52
Cash.
Cash on hand and in banks
Cash items .
.
.
.
.
1,257,809 01
1,490 19
965,204 14
2,427 22
$55,945,634 17
$51,339,903 71
Loans.
Loans on real estate .
Loans on shares .
.
.
.
Common form mortgages .
Real Estate.
Real estate by foreclosure, etc. .
Unpaid
Unpaid
Unpaid
Unpaid
Arrearages.
dues
.
.
interest .
.
premiums
fines
.
.
.
.
.
.
.
LIABILITIES.
.20
.40
.62
1.05
.89
.60
92.13 91.53 91.22 89.66 89.00 88.67
4.00 4.40 4.51 4.09' 4.13 4.36
.55
.64
.79
.90 1.05 1.12
.44
.65
.77
1.27
1.50
2.05
.03
.25
.01
.02
.08
.29
.01
.03
.08
.32
.01
.03
.07
.24
.10
.26
-
-
.02
.02
.08
.23
.01
.02
.03
.04
.03
.04
.01
.01
.03
.02
.04
.03
.01
.05
.03
.05
.02
.03
.04
.03
.04
.05
.04
.07
.10
.04
2.25
-
1.88
1.59
.01
2.55
-
2.82
-
2.59
100
100
100
100
100
100
-
.01
.02
-
1909
Increase.
1909
Decrease.
Oct. 30, 1909.
Oct. 31, 1908.
Capital.
Dues capital
.
.
.
.
.
Profits c a p i t a l ....................................
$46,220,344 00
7,977,729 95
$42,576,682 00
7,275,908 13
$3,643,662 00
701,821 82
-
Surplus.
Guaranty fund .
.
.
.
.
Surplus..................................................
499,047 87
777,027 63
436,368 92
672,963 18
62,678 95
104,064 45
_
-
Undivided Earnings.
I n t e r e s t .............................................
Premium .
.
.
.
.
.
Fines .
.
.
.
.
.
.
Transfer fees
.
.
.
.
.
Withdrawal profits
.
.
.
.
Forfeiture profits
.
.
.
.
287,993
2,096
10,145
70
9,657
21
67
98
68
50
20
85
258,262
2,281
9,446
62
9,006
39
50
57
79
25
09
41
29,731 17
25,708
4,673
96,057
6,447
10,085
913
17,612
58
92
59
49
19
54
53
15,876
370
62,244
5,487
8,524
368
6,010
31
59
49
85
76
78
09
9,832
4,303
33,813
959
1,560
544
11,602
Miscellaneous.
Forfeited share account
Retired share account
Matured share account
Advanced payments .
.
Personal accounts
.
.
Security committee .
.
Sundry liabilities
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
$55,945,634 17
$51,339,903 71
698 89
8 25
651 11
_
$184 59
_
17 56
27
33
10
64
43
76
44
$4,605,730 46
_
_
-
v
BANK COMMISSIONER.
No. 8.]
Statistics of Business.
The following comparative exhibit, covering six years, shows in
a concise form the progress made by the banks during that period: —
Y e a r e n d in g O c to b e r 31.
1909.
Number
Number
Number
Number
Number
Number
Number
Shares.
in force Oct. 31
borrowed upon
issued .
withdrawn .
forfeited
retired .
matured
.
Loans.
Number of real estate'loans
Oct. 31 . . .
Average rate of interest,
real estate loans, Oct. 31 .
Number of share loans Oct.
3 1 ....................................
Average rate of interest,
share loans, Oct. 31
1,058,533
332,245
274,028
168,637
2,777
6,019
14,766
31,067
5.42
10,122
Borrowers.
Number of borrowers Oct.
3 1 ....................................
Number of non-borrowers
Oct. 31
. . .
1906.
1905.
1904.
976,695
303,982
243,383
179,556
1,904
3,466
11,346
929,584
281,076
258,529
144,697
2,280
7,150
8,552
833,725
246,693
224,443
122,780
2,311
10,512
7,916
752,354
224,444
193,688
113,939
1,953
11,017
7,742
693,315
208,782
167,492
112,025
2,280
8,051
7,873
28,526
5.41
9,725
26,580
5.37
8,825
25,891
5.36
8,403
5.50
5.35
5.31
28,782
19,745
129,619
25,379
19,529
120,575
26,531
16,308
114,705
23,623
14,427
104,482
8.17
8.10
8.10
7.98
23,752
5.38
8,024
5.32
20,482
13,885
95,287
7.90
22,229
5.41
7,708
5.35
17,698
13,239
88,692
7.82
$61 55
$60 34
$57 34
$56 44
$56 18
$55 42
36,958
34,494
31,938
29,191
26,989
25,278
92,661
86,081
82,653
75,291
68,298
63,414
5.07
$220,271 06
5.02
$202,552 05
5.01
$184,706 11
5.05
$169,970 84
5.05
$165,241 06
Miscellaneous.
5.08
Average rate of dividend .
Total expenses during year
$235,546 14
Percentage of total expenses
.42
to total assets .
Profits credited to shares
$2,559,532 96
during year
Percentage of surplus and
guaranty fund to dues
and profits capital Oct. 31
2.35
Percentage of increase in
8.97
assets
.
.
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1907.
5.52
Membership.
Number withdrawn .
Number of members Oct. 31
Average number of shares
held by each member Oct.
3 1 ....................................
Average profits to credit of
each member Oct. 31
1908.
.43
$2,335,525
.43
$2,080,632
.43
.44
.46
$1,874,179
$1,742,420
$1,576,108
2.22
2.04
1.98
1.91
1.88
8.72
10.96
9.90
8.74
8.18
REPORT OF THE
VI
[Pub. Doc
Receipts and Disbursements for the Year ending October 30, 1909.
D is b u r s e m e n t s .
R e c e ip t s .
Dues capital
Capital.
.
.
.
$12,352,854 00
.
Loans and Investments.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Mortgages
.
.
.
.
.
Notes and bonds .
.
.
.
Real estate by foreclosure .
479,241
8,161,751
1,699,705
187,764
59,332
204,302
359,092
60
53
45
76
68
01
78
Income and Expenses.
Interest
.
.
.
.
Premiums
.
.
.
.
Fines .
.
.
.
.
'"Transfer fees
.
.
.
Withdrawal profits
Forfeited profits .
.
.
Rents .
.
.
.
.
Expenses
.
.
.
.
2,863,531
14,848
91,611
521
76,495
1,196
504
3,137
01
76
10
00
73
38
19
75
40,583
242,345
744,652
27,750
13,342
86,921
72
24
88
74
25
46
244,675 59
.
.
.
.
.
.
.
Miscellaneous.
Forfeited share account
Retired share account .
Matured share account
Personal accounts
Advance payments
S u n d r i e s ....................................
Cash.
Cash on hand October 31, 1908
.
967,631 36
Capital.
Dues capital (withdrawn) .
Dues capital (forfeited)
Dues capital (retired)
Dues capital (matured)
Profits capital (withdrawn)
Profits capital (forfeited)
Profits capital (retired)
Profits capital (matured) .
$5,728,471
67,422
760,070
2,166,062
803,262
10,814
244,860
799,093
00
00
00
00
03
68
26
03
Loans and Investments.
Real estate loans
Share loans .
.
.
.
.
Uncompleted mortgage loans
M ortgages....................................
Notes and bonds
Real estate by foreclosure .
13,464,755
1,680,106
162,739
34,496
112,731
271,913
18
25
41
84
19
18
Income and Expenses.
Interest
....................................
Temporary expense
Permanent expense
36,076 51
226,822 50
14,203 75
Miscellaneous.
Forfeited share account
Retired share account
Matured share account
Personal accounts
Advance payments
S u n d r i e s ....................................
30,515
238,041
707,338
23,613
12,740
68,345
Cash.
Cash on hand October 30, 1909 .
$28,923,793 97
91
91
13
04
40
57
1,259,299 20
$28,923,793 97
Comparative Profit and Loss Statements for the Last Three Years.
1909.
Interest
.
.
Premiums
.
.
Fines .
.
.
Withdrawal profits
Forfeiture profits .
Transfer fees
.
Miscellaneous
.
Gross Income.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Deductions.
Current expenses .
.
.
.
.
.
Permanent expense
.
.
.
.
.
Interest on retired and matured shares
Miscellaneous
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$2,802,608
14,939
93,078
75,990
1,056
512
110,102
1908.
07
30
56
48
40
50
34
$3,098,287 65
$222,252
12,953
4,023
79,639
96
75
40
73
$2,559,153
14,702
84,174
81,569
1,282
540
25,501
1907.
72
65
20
54
21
25
22
$2,766,923 79
$215,569
5,121
4,669
27,977
47
95
56
39
$2,288,871
14,182
71,550
65,629
1,152
492
28,986
49
21
13
63
43
00
27
$2,470,864 16
$196,689
5,607
3,987
15,068
85
81
38
03
Net income .
.
.
.
.
.
.
.
Profits credited to s h a r e s ....................................
$2,779,417 81
2,559,532 96
$2,513,585 42
2,335,524 73
$2,249,511 09
2,095,359 56
Balance........................................................................
Of which —
Transferred to guaranty fund
.
.
.
.
Transferred to surplus .
.
.
.
.
.
$219,884 85
$178,060 69
$154,151 53
64,052 86
155,831 99
57,249 26
120,811 43
47,546 03
106,605 50
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
BANK COMMISSIONER,
vii
Rates of Interest on Real Estate and Share Loans, October 30, 1909.
R a te
P er C ent.
5.00
5.10
5.125
5.20
5.25
5.30
5.375
5.40
5.50
5.60
5.625
5.70
5.75
5.875
6.00
6.12
6.125
6.20
6.24
6.25
6.30
6.33+
6.34
6.375
6.40
6.48
6.50
6.60
6.625
.
.
.
.
.
Real Estate
Loans.
$24,963,014
8,600
42,400
6,500
2,010,696
2,084,286
9,000
6,950
7,405,021
1,350
5,850
33,800
502,688
5,000
9,061,043
589,638
30,725
1,200
600
165,625
3,951,230
6,000
350
2,600
34
00
00
00
19
00
00
00
54
00
00
00
00
00
17
08
00
00
00
00
68
00
00
00
600
332,688
163,735
1,900
00
00
00
00
R a te
P er C ent.
Share Loans.
$871,852 00
1,475 00
112,947 00
53,500 00
325 00
326,275 00
3,700 00
53,287 00
584,491 25
10,450 00
3,895 00
21,687 00
126,598 00
695 00
1,000 00
20,760 00
9,461 00
5,380 00
1,330 00
6.70
6.75
6.875
6.90
7.00
7.20
7.25
7.375
7.50
7.625
7.75
7.80
8.00
8.10
8.25
8.40
8.50
8.60
8.75
9.00
10.00
10.40
11.00
13.00
20.25
Real Estate
Loans.
Share Loans.
$36,200 00
6,600 00
5,950 00
27,287 50
6,550 00
25,750 00
1,000 00
8,650 00
2,500 00
7,750 00
400 00
11,850 00
600 00
3,350 00
400 00
1,050 00
3,450 00
1,000 00
-
$85 00
6,655 00
465 00
4,230 00
9,018 00
2,385 00
800 00
100 00
1,790 00
100 00
950 00
75 00
1,730 00
50 00
100 00
25 00
100 00
630 00
15 OO
10 00
310 00
90 00
$51,543,428 50
$2,238,821 25
5.42
5.52
.
.
.
Average rate .
Comparative Exhibit of Interest Rates from 1899 to 1909 on Out
$25,834,866 34 48.04 49.47 55.10 56.67 55.33
At 5 per cent.
Between 5 and 6 per cent. . 12,673,650 73 23.56 21.70 20.21 19.32 18.99
9,645,534 42 17.93 17.92 13.93 12.43 12.96
At 6 per cent.
823,820 08 1.53 1.48 1.35 1.27 1.31
Between 6 and 694o per cent.
At 694o per cent. (5 cents
4,077,828 68 7.58 7.85 7.98 8.92 9.88
premium)
606,684 00 1.13 1.31 1.27 1.28 1.40
Between 694 o and 7 per cent.
.07 . .07 .04 .03 .04
36,305 50
At 7 per cent.
.11 .15 .09 .07 .07
58,800 00
Between 7 and 8 per cent. .
.03 .02 .01
13,580
00
At 8 per cent.
.02 .03 .02 .01 .02
11,180 00
At more than 8 per cent. .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$53,782,249 75
52.98
19.00
13.34
1.43
1899.
1
1 1900.
1901.
1902.
1903.
1904.
1905.
P e r c e n t a g e of T ota l L o a n s .
1906.
1907.
1908.
1909.
Amount of
Loans
October 30,
1909.
1
standing Loans on October 31 of Each Year.
50.49 46.91 40.81 32.96
18.29 16.84 15.20 9.04
13.99 15.62 18.77 21.15
1.66 2.10 2.63 3.24
23.46
7.64
23.06
3.77
10.72 12.09 13.97 16.85 25.90 32.19
2.34 3.18 4.17 5.24 6.90 8.69
.05 .05 .04 .04 .07 .08
.11 .18 .28 .41 .72 1.03
.03
.06
.05
.04
.03
.08
viii
REPORT
OF T H E
[Pub. Doc
Comparative Exhibit of Dividend Bates from, 1899 to 1909.
N tjmbbb of B a n k s p a y in g a t E ach R a t e .
RATE
OF D IV ID E N D .
0
i y2
1909.
1908.
1907.
1906.
1905.
1
1
2
1
2
1
-
-
-
-
1
1
—
—
1
1
—
1
—
.“
3
1
—
21
1
6
1
1
—
23
per cent. .
2Ys
2M
2Y2
2%
3
3 Ya
38/4
4
4Vs
“
“
4%
4%
4y2
4% o
4%
4^16
43/4
4eV80
4%
4% 0
4 !% 8
5
s y i8
sy8
.
.
-
.
1
1
—
8
.
-
“
12
1
1
“
-
“
“
.
1
62
.
-
2
—
15
1
-
11
-
_
1
2
_
_
1
—
—
—
“
—
-
7
2
1
6
-
1
5
“
3
—
22
—
18
13
-
E
1
6
1
8
2
8
-
7
2
3
1
-
1
2
1
1
48
-
-
54
54
-
. —
-
-
51
1
_
1
—
-
-
6
4
7
4
1
6
1
11
-
-
9
-
-
-
8
12
11
-
7
7
15
1
1
2
—
6
6y20
“
.
.
6%0
“
“
•
•
6
2
5
2
-
3
—
-
-
-
59
1
46
31
17
-
2
"2
1
11
1
3
11
-
-
3
1
18
-
2
-
21
22
17
1
16
17
-
-
1
-
1
-
2
-
1
1
—
-
2
-
63/ie
6Vs
6%o
“
.
•
ey4
6.31
68/s
6% 0
“
.
.
1
-
1
Average rate
-
1
1
-
1
—
-
1
-
-
-
140
137
5.08
5.07
6V2
Totals
-
3
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1
. ~
1
1
1
1
2
—
3
2
1
16
1
-
1
2
6
-
-
15
16
3
1
23
-
1
1
—
4
-
-
2
1
-
24
1
“
_
_
_
-
6M0
6.113
6y8
6.175
-
—
1
1
3
1
“
1
10
-
_
1
1
-
“
1
“
3
1
1
—
7
“
5%
6 yi4
-
58
5
4
51% 0
5Vi0
53/4
1899.
64
53/ia
14
1900.
-
5y4
53/8
5y2
5%
1901.
-
_
“
1902.
-
_
517/4o
1903.
1
2
-
1904.
3
2
33
1
1
6
-
1
15
3
1
1
8
-
50
-
1
1
1
1
-
-
2
-
-
-
-
4
-
-
1
-
1
-
1
1
-
-
-
-
1
1
2
1
4
4
1
-
-
-
1
4
135
133
130
129
130
130
128
126
125
5.02
5.01
5.05
5.05
5.12
5.08
5.26
5.41
5.62
1
-
No. 8.]
BANK COMMISSIONER.
IX
Heal Estate by Foreclosure.
It is a matter of extreme satisfaction to note the substantial de-■crease of over $ 9 0,000 in this asset during* the past year.
The total
investment by the banks in foreclosed real estate is now. less than
■one-half of one per cent, of their total assets.
The aggregate transactions during the past year are herewith
presented : —
Principal.
Balance as shown in statement o f October 31, 1908, 162 estates
Acquired during the year ending October 30, 1909, 119 estates .
Excess o f proceeds over book values o f estates sold during year
Miscellaneous
.
.
.
.
.
.
.
.
.
.
$334,862
242,489
6,494
121
85
19
96
94
$583,968 94
Received for 156 estates sold during year .
. $323,335 11
Losses on estates sold during year
.
.
.
13,059 41
Amounts charged off to cover depreciation or
prospective lo s s .......................................................
8,430 38
--------------------
344.824 90
$239,144 04
Income.
Rents, etc., received during year .
.
.
.
Expenses and taxes on estates, paid during year .
$15,659 44
20,089 39
Net deficit for the year .
.
.
.
.
$4,429 95
This net deficit was disposed o f as follow s: —
Income credited to profit and loss .
. $1,270 84
Deficit charged to profit and loss .
.
291 01
-------------------------------- $97983
Income applied to reducing book value . $2,710 29
Deficit applied toincreasing book value 8,120 07
-------------------------------- 5,40978
5,40978
Net d e f i c i t ....................................................... $4,429 95
Balance as shown in statement o f October 30, 1909 (125 estates,
assessed at $263,7 5 7 .2 5 )................................................................ $244,553 82
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
X
[Pub. Doc
The following statement, showing the amount of foreclosed real
estate and common form mortgages held by the banks each year
since 1890 is not without interest, as indicating the reductions ac
complished since 1901, when the maximum investment in this class
of assets was shown: —
R e a l E st a te b y
F oreclosure.
Y EAR E N D IN G
OCTOBER 31.
1890 .............................................
1 8 9 1 .............................................
1892 .............................................
1893 .............................................
1894 .............................................
1895 .............................................
1896 .............................................
1897 .............................................
1898 .............................................
1899 .............................................
1900 .............................................
1 9 0 1 .............................................
1902 .............................................
1903 .............................................
1904 .............................................
1905 .............................................
1906 .............................................
1907 ..............................................
1908 .............................................
1909 .............................................
C om m on - fo r m
M ortgages.
Number
of
Banks.
Amount.
14
16
18
28
33
41
46
58
72
83
84
89
85
86
90
82
78
88
64
57
$49,833 19
67,556 86
98,480 99
105,197 75
139,136 92
184,550 28
282,609 61
531,041 25
782,370 42
890,604 57
993,150 06
1,041,708 29
946,147 90
839,223 14
730,486 12
580,426 74
529,701 26
365,051 38
334,862 85
244,553 82
Number
of
Banks.
T otal.
Amount.
$7,800
10,147
9,960
22,990
43,649
31,724
25,827
77,750
106,972
124,970
181,383
313,125
324,392
367,239
398,298
407,569
383,335
370,950
330,958
305,997
3
5
3
4
6
9
10
19
20
23
30
31
32
41
41
45
49
52
52
51
00
88
00
00
59
55
78
36
99
27
54
26
66
15
50
18
61
40
07
23
Amount.
$57,633
77,704
108,440
128,187
182,786
216,274
308,437
608,791
889,343
1,015,574
1,174,533
1,354,833
1,270,540
1,206,462
1,128,784
987,995
913,036
736,001
665,820
550,551
19
74
99
75
51
83
39
61
41
84
60
55
56
29
62
92
87
78
92
05
Matured Shares.
The yearly transactions in matured shares from 1898 to 1909 are
summarized as follows : —
Y ear.
Number
of
Banks.
Number
of
Series.
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
38
49
64
73
86
87
94
95
98
95
110
114
62
86
104
128
135
149
167
178
180
170
204
220
Total
Value of
Shares
matured.
$602,349
923,071
1,022,403
1,153,123
1,197,405
1,353,951
1,586,587
1,556,979
1,594,008
1,716,425
2,284,508
2,970,928
12
12
58
44
10
34
40
47
36
03
06
80
Number
of
Shares.
Number
of
Holders.
Number
of
Borrow
ers.
Amount
of Loans
cancelled.
Average
Duration of
Series.
2,979
4,569
5,079
5,730
5,938
6,708
7,873
7,737
7,916
8,554
11,346
14,766
701
1,135
1,252
1,483
1,389
1,615
1,785
1,683
1,802
1,980
2,465
3,103
198
309
322
377
375
430
489
456
489
525
595
773
$164,620
275,285
300,738
331,078
362,655
395,509
465,901
478,484
450,350
477,953
542,556
726,757
139% o months.
139% 0
1408/io
141%
142%
143%
143%o
144«/io
145Vio
“
145%0
“
1461/is
146% o
“
The statement on the following pages shows the number, amount
and value of shares matured by the co-operative banks between Oc
tober 31, 1908, and October 30, 1 9 0 9 : —
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
p
Statement of Shares matured since Last Report.
“
16
Adams
“
“
“
Amesbury
“
“
..
May 1897
Dec. 1908 S146 $200 39
June 1909
146
200 32
7
48
5
15
104
12
3
27
4
2
$1,300 00
5
800 00
2
2
Nov. 1896
Nov. 1908
144
202 17
4
18
21
43
12
3
May 1897
May 1909
144
201 68
-
8
-
8
2
-
1,200 00
Total Value of
Shares matured.
Amount.
Number.
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
*03
O
H
56
Number of Borrow
ers.
Number of Holders.
Unpledged.
Pledged for
Share Loans.
Pledged for
R. E. Loans.
Nov. 1896
Maturing Value per
Share.
15
Date
of
Maturity.
Sh ake L oans
CANCELLED
BY M a TUHITY
op S h a r e s .
$20,840 56
3
$6,600 00
1
150 00
5,408 64
4
1,700 00
8,693 31
2
1,300 00
1,613 44
22
Nov. 1896
Jan. 1909
147
200 37
6
5
12
23
5
2
1
550 00
4,608 51
23
May 1897
July 1909
147
200 12
-
8
65
73
18
1
-
1
1,000 00
14,608 76
“
“
15
Nov. 1896
Mar. 1909
149
200 45
-
10
46
56
11
1
"
1
650 00
11,225 20
“
“
“
16
May 1897
Sept. 1909
149
200 32
-
-
62
62
10
-
-
-
-
12,419 84
Athol
“
“
15
May 1896
Nov. 1908
150
207 38
13
-
-
13
2
2
2,500 00
-
-
2,695 94
“
“
“
16
Nov. 1896
May 1909
150
207 09
6
-
-
6
1
1
1,200 00
-
-
Arlington
Atlantic
“
“
24
Jan. 1897
Jan.
1909
144
203 55
-
25
26
51
6
1
-
1
Attleborough
“
“
10
Feb. 1897
Dec. 1908
143
201 20
-
-
13
13
4
-
-
-
-
2,615 60
11
Aug. 1897
June 1908
143
201 68
5
2
-
7
2
2
550 00
1
400 00
1,411 76
16
Jan. 1897
Jan. 1909
144
209 86
3
-
-
3
1
1
600 00
-
-
“
Baldwinville
4,700 00
1,242 54
10,381 05
629 58
17,522 75
BerkshireCounty“
“
13
Nov. 1896
May 1909
150
206 15
-
15
70
85
11
1
-
1
400 00
Beverly
“
17
Sept. 1896
Mar. 1909
150
204 66
-
-
81
81
19
-
-
-
-
16,577 46
-
22,905 12
“
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
18
Mar. 1897
Sept. 1909
150
204 51
9
-
103
112
24
1
1,800 00
-
BANK COMMISSIONER.
Acushnet Co-operative Bank
Date
of
Issue.
Amount paid in per
| Share.
NAME OF BANK.
Number of Series.
oo
N u m b e r of S h a r e s
MATURED.
Brookline
141
146
200 98
200 77
9
2
i
21
33
6
2
1
7
78
$1,400 00
200 00
Total Value of
Shares matured.
5
5
Amount.
4
7
Sh a r e L o a n s
CANCELLED
b y M a t u r it y
of S h a r e s .
Number.
-
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
Number of Borrow
ers.
Number of Holders.
Aug. 1909
Unpledged.
Maturing Value per
Share.
Feb. 1909 $141 $200 98
Dec. 1897
3
$620 00
1
300 00
6,632 34
1,050 00
17,266 22
2
$1,808 82
17
3
3
-
-
-
-
-
601 05
15
15
2
-
-
-
-
3,054 00
5
1
-
-
-
-
1,015 10
^
41
7
7
-
-
8,376 71
H
g
4
Nov. 1896
Dec. 1908
5
May 1897
June 1909
146
200 35
-
-
“
“
54
Nov. 1896
Oct. 1908
144
203 60
-
-
55
May 1897
April 1908
144
203 02
-
-
5
“
“
32
April 1897
Mar. 1909
144
204 31
41
-
-
3
8,000 00
33
Oct. 1897
Sept. 1909
144
205 03
2
-
-
2
1
1
350 00
-
-
410 06
Canton
14
Aug. 1897
Jan. 1909
138
200 00
10
-
41
51
9
2
1,900 00
-
-
10,200 00
“
15
Feb. 1898
July 1909
138
200 03
12
17
30
59
17
7
2,350 00
3
19
Oct. 1896
Mar. 1909
150
205 30
-
-
52
52
10
-
-
-
-
10,675 60
20
April 1897
Sept. 1909
150
205 29
-
2
47
49
10
1
-
-
400 00
10,059 21
-
1
200 00
1,605 92
8,214 00
“
Citizens
“
“
“
18
City
July 1897
Aug. 1909
146
200 74
-
5
3
8
4
1
2,100 00
19
Oct. 1896
Mar. 1909
150
205 35
5
6
29
40
16
4
950 00
1
600 00
..
20
April 1897
Sept. 1909
150
205 05
-
6
32
38
16
2
-
2
650 00
7,791 90
“
«
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
h-i
Q
11,801 77
Clinton
Columbian
O
86
“
“
Campello
June 1897
18
*c3
O
H
“
“
Cambridge
17
Date
of
Maturity.
Pledged for
Share Loans.
“
Date
of
Issue.
N u m b e r of S h a r e s
MATURED.
Pledged for
R. E. Loans.
Braintree Co-operative Bank,
Number of Series.
NAME OF BANK .
|Amount paid in per
Share.
Statement of Shares matured since Last Report — Continued.
10
Dec. 1896
April 1909
149
200 77
35
-
36
71
8
2
7,000 00
-
-
14,254 67
11
June 1897
Oct. 1909
149
200 60
9
23
51
83
20
7
1,750 00
5
950 00
16,649 08
gu
g
Aug. 1896
Feb. 1909
151
200 89
6
3
7
16
3
3
1,140 00
2
445 00
10
Feb. 1897
July 1909
150
200 01
4
-
26
30
7
1
800 00
-
-
6,000 30
Dean
17
Jan. 1897
Jan. 1909
144
201 12
-
29
29
4
-
-
-
-
5,832 48
1
200 00
5,044 00
-
-
2,009 30
4,219 53
“
“
“
Dedham
“
18
July 1897
July 1909
144
201 76
2
23
25
5
1
24
May 1897
Jan. 1909
141
200 93
10
-
-
10
1
1
2,000 00
21
4,100 00
-
3,214 24
Nov. 1897
July 1909
141
200 93
-
-
21
4
4
-
-
“
“
13
Sept. 1896
Nov. 1908
147
200 14
-
27
27
8
-
-
-
-
5,403 78
“
“
“
14
Mar. 1897
June 1909
148
200 76
-
31
31
8
-
-
-
-
6,223 56
“
“
15
Aug. 1896
Jan. 1909
150
204 57
5
1
6
2
1
-
1
750 00
1,227 42
16
Feb. 1897
July 1909
150
204 60
2
-
-
2
1
1
400 00
-
-
Oct. 1896
Nov. 1908
146
200 14
12
28
76
116
34
9
2,400 00
Economy
“
409 20
“
“
18
19
April 1897
May 1909
146
200 64
28
52
47
127
23
7
“
“
38
Oct.
1896
Jan. 1909
148
200 69
14
-
-
14
3
3
39
April 1897
July 1909
148
200 69
4
15
45
64
17
6
800 00
3
22
Sept. 1897
Mar. 1909
139
200 35
3
-
-
3
1
1
600 00
-
-
601 05
23
Mar. 1898
Sept. 1909
139
200 19
18
-
-
18
3
3
3,600 00
-
-
3,603 42
Fall River
18
Mar. 1897
May 1909
147
200 33
5
-
47
52
14
1
1,000 00
-
-
10,417 16
Federal
14
May 1896
Oct. 1908
150
200 63
6
-
20
26
4
1
1,200 00
-
-
5,216 38
..
15
Nov. 1896
April 1909
150
200 20
-
3
3
1
-
-
-
Fidelity
18
Sept. 1896
Nov. 1908
147
200 39
40
137
234
411
80
26
7,840 00
21
16,320 00
82,360 29
98,463 96
Enterprise
“
Equitable
“
Equity
“
“
“
“
7
4,625 00
23,216 24
5,400 00
5
6,600 00
25,481 28
2,750 00
-
-
-
1,665 00
2,809 66
12,844 16
600 60
“
“
19
Mar. 1897
May 1909
147
200 13
15
241
236
492
85
28
3,000 00
24
18,485 00
Fitchburg
“
“
39
Nov. 1896
Feb. 1909
148
200 06
2
72
295
369
72
10
400 00
9
9,090 00
73,822 14
“
“
“
40
May 1897
Sept. 1909
149
200 93
23
127
344
494
126
21
4,550 00
17
14,890 00
99,259 42
17
Mar. 1897
Feb. 1909
144
200 63
10
8
27
45
19
6
1,650 00
3
570 00
9,028 35
Gardner
xiii
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
BANK COMMISSIONER.
25
Dorchester
No. 8.]
9
“
Danvers
<
Statement of Shares matured since Last Report — Continued.
'o
f-i
(D
D ate
of
Issue.
D a te
of
M a tu rity .
a
3
z
G ardner C o-op erative B a n k
G erm ania
ft
Ög
g ä
<
'S
>
faß
.a
6
§ §
fijco
S
N
Sh a r e s
MATURED.
u m b e r of
&
o
Ö
§
O
w
o
PQ
o
o
u
<D
<x>
a
’S
o
H
03
0
® " 3
pH CO-P
Ö 03
««S S .
a g
S *
Am ount o
E sta te L<
celled b y
of Shares,
OF B A N K .
ft
U n pledged
a>
ret
NAME
<I>
Pledged foi
Share Loa
ft
Pledged foi
R . E . Loa
O
JB
Sh a r e L o a n s
CANCELLED
b y M a t u r it y
of Sh a r e s .
O
a
Ö
3
O
a
"6
<D
° a
3 03
'S £
{> o3
’S zß
o
H
18
Sept. 1897
A u g . 1909
$144
$200 85
3
5
41
49
16
2
$500 00
l
“
“
22
A p ril 1896
N o v . 1908
152
200 68
50
-
35
85
11
5
10,000 00
-
23
O ct.
1896
M ay
1909
152
200 63
3
-
30
33
3
1
600 00
-
6,620 79
O
Gloucester
“
“
21
A p ril 1897
D e c.
1908
141
200 90
77
18
53
148
34
17
15,100 00
10
2,250 00
29,733 20
td
^
“
“
“
22
O ct.
1897
Jun e 1909
141
200 89
43
12
41
96
28
17
8,250 00
6
1,650 00
19,285 44
G rafton
“
“
20
M ay
1897
Jan.
1909
141
200 72
1
-
26
27
5
1
200 00
-
-
5,419 44
krj
44
“
21
N o v . 1897
J u ly
1909
141
200 68
-
12
1
13
2
1
-
1
650 00
2,608 84
,_3
-
-
1
1
1
-
-
-
-
200 84
K
CD
11
3
-
-
-
-
2,206 16
6,296 10
“
G rovelan d
G uardian
3
N o v . 1896
Feb.
1909
148
200 84
4
M ay
A u g . 1909
148
200 56
-
-
11
21
31
9
3
7
7
5
-
50
73
32
5
1897
“
“
21
June 1896
N o v . 1908
150
203 10
9
1
44
44
22
D ec. 1896
M ay
1909
150
203 13
-
-
“
“
35
M ay
M ar.
1909
155
200 63
22
1
44
44
36
N o v . 1896
A u g . 1909
154
200 38
22
7
97
126
46
10
4,400 00
“
“
20
M ay
M ar.
1909
155
200 51
9
24
32
65
13
8
2,200 00
44
44
“
21
N o v . 1896
S e p t. 1909
155
200 29
2
8
•44
54
18
3
400 00
Hingham
“
“
16
N o v . 1896
O c t.
1908
144
200 44
12
7
78
97
18
7
44
44
17
M ay
M ay
1909
145
200 92
15
-
73
88
23
3
44
H averhill
44
H en r y W ilson
44
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1896
1896
1897
1,600 00
$150 00
-
$9,841 65
^
17,057 80
1
100 00
-
-
1
100 00
14,645 99
6
1,100 00
25,247 88
5
2,600 00
13,033 15
2
600 00
10,815 66
g .
2,400 00
3
800 00
19,442 68
3,000 00
-
-
17,680 96
‘
Ö
O
O
4,350 00
1,421 91
^
June 1897
Feb. 1909
141
200 76
5
4
“
20
Dec. 1897
Aug. 1909
141
200 83
5
Holyoke
33
Nov. 1896
Dec. 1908
146
201 00
17
15
34
May 1897
June 1909
146
200 44
44
12
31
June 1897
Dec. 1908
139
200 81
31
«
Home
25
34
1
9
3
900 00
1,000 00
-
750 00
6,825 84
-
4,418 26
17
22
4
1
46
78
13
6
3,000 00
3
1,050 00
15,678 00
60
116
24
13
8,500 00
3
1,200 00
23,251 04
2
33
3
3
6,050 00
-
8
15,800 00
1
3,600 00
-
6,626 73
Sept. 1896
Nov. 1908
147
200 88
54
14
9
77
40
Mar. 1897
May 1909
147
200 60
18
4
24
46
16
5
15
Nov. 1896
Nov. 1908
145
200 61
-
5
4
9
4
1
“
16
May 1897
May 1909
145
200 44
-
10
10
1
-
-
-
Hudson
23
Nov. 1896
Jan. 1909
147
201 45
28
3
34
65
10
4
5,600 00
1
450 00
13,094 25
26
10
42
78
11
4
4,200 00
1
1,000 00
15,662 40
“
Housatonic
“
Hyde Park
<(
-
2,000 00
15,467 76
2
650 00
9,227 60
1
500 00
1,805 49
2,004 40
24
May 1897
Aug. 1909
148
200 80
21
Sept. 1896
Dec. 1908
148
200 64
8
2
26
36
17
3
1,600 00
1
100 00
7,223 04
5
28
55
17
5
4,250 00
2
820 00
11,023 10
<1
22
Mar. 1897
June 1909
148
200 42
22
41
6
Nov. 1896
Jan. 1909
147
200 76
-
35
35
3
-
-
-
-
7,026 60
•*
7
May 1897
July 1909
147
200 46
-
28
28
5
-
-
-
-
5,612 88
Lawrence
18
Oct.
Dec. 1908
147
200 84
13
16
40
69
17
5
2,600 00
4
1,490 00
13,857 96
6
2
33
41
14
3
1,150 00
1
200 00
8,223 78
-
8
26
34
8
1
-
1
1,000 00
6,819 38
49
53
14
4
-
3
620 00
10,645 58
»
Lafayette
“
Leominster
1896
19
Apr. 1897
June 1909
147
200 58
18
Nov. 1896
Feb. 1909
148
200 57
19
May 1896
Sept. 1909
149
200 86
-
4
Lowell
23
May 1896
Oct.
1908
150
205 74
41
10
100
151
31
10
7,900 00
3
1,892 00
31,066 74
“
24
Nov. 1896
Apr. 1909
150
205 51
3
11
126
140
26
5
600 00
4
1,735 00
28,771 40
Nov. 1896
Feb. 1909
148
200 29
10
10
2
-
-
-
-
10
-
10
1
-
-
21
109
130
27
“
Lynn
“
Malden
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
11
12
19
May 1897
May 1896
Aug. 1909
Oct.
1908
148
150
200 29
203 46
-
6
.
•
-
2,002 90
1
1,500 00
2,002 90
6
2,625 00
26,449 80
BANK COMMISSIONER.
39
14
Homestead
No. 8.]
19
Holbrook
x
Total Value of
Shares matured.
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
Number of Borrow
ers.
Number of Holders.
20
Nov. 1896
Apr. 1909 $150 $203 47
33
12
83
128
20
7
$4,700 00
2
$1,850 00
$26,044 16
Mansfield
“
“
28
Nov. 1896
Oct. 1908
144
203 43
7
9
42
58
15
6
1,300 00
3
1,240 00
11,798 94
^
*i
<*
a
29
May 1897
Apr. 1909
144
203 37
10
52
56
118
22
10
1,350 00
6
1,040 00
23,997 66
O
Marblehead
13
o
H
Amount.
Date
of
Maturity.
Number.
Malden Co-operative Bank
NAME OF BANK.
Unpledged.
Date
of
Issue.
Pledged for
Share Loans.
S h a k e L oa n s
CANCELLED
b y M a t u r it y
of S h a r e s .
Pledged for
R. E. Loans.
Maturing Value per
Share.
N u m b e r of S h a r e s
MATURED.
Number of Series.
Amount paid in per
Share.
Statement of Shares matured since Last Report — Continued,
£0
“
“
•22
Nov. 1896
Jan. 1909
147
200 59
19
-
5
24
5
4
3,650 00
-
-
4,814 16
1—3
it
it
23
May 1897
July 1909
147
200 40
18
-
7
25
6
4
3,500 00
-
-
5,010 00
Q
“
“
13
May 1896
Oct,
1908
150
202 08
10
1
27
38
25
3
2,000 00
1
100 00
7,679 04
^
“
“
“
14
Nov. 1896
Apr. 1909
150
201 74
-
2
22
24
18
1
1
200 00
4,841 76
Mechanics
“
“
31
Jan. 1897
Feb. 1909
146
200 49
5
5
67
77
20
3
1,000 00
2
575 00
15,437 73
32
July 1897
Aug. 1909
146
200 14
17
10
51
78
19
3
3,400 00
1
1,400 00
15,610 92
“
Marlborough
-
-
Medford
“
“
22 . Nov. 1896
Nov. 1908
145
200 88
54
37
51
142
19
7
10,800 00
4
4,000 00
28,524 96
“
“
“
23
May 1897
Apr. 1909
144
200 24
65
8
34
107
18
3
13,000 00
3
600 00
21,425 68
Melrose
“
“
“
24
Oct. 1896
Mar. 1909
150
204 43
-
-
16
16
4
-
-
-
-
3,270 88
“
<<
25
Apr. 1897
Sept. 1909
150
204 97
-
-
12
12
3
-
-
-
-
2,459 64
^
Merchants
“
“
31
Dec. 1896
Feb. 1909
147
200 66
32
78
472
582
118
16
6,400 00
12
8,830 00
116,784 12
7^
“
*•
“
32
June 1897
Aug. 1909
147
200 40
24
69
432
525
112
13
4,800 00
11
7,300 00
105,210 00
^
“
“
11
May 1897
Apr. 1909
144
205 94
-
5
46
51
6
1
1
220 00
10,502 94
li
il
12
Nov. 1897
Oct. 1909
144
205 12
5
-
-
5
1
1
-
-
1,025 60
Merrimack
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
650 00
■
O
O
“
“
M iddlesex
“
16
Nov. 1896
Nov. 1908
145
200 84
5
-
32
37
19
1
1,000 00
-
-
17
May 1897
May 1909
145
200 32
18
-
14
32
12
3
3,450 00
-
-
6,410 24
9
Nov. 1896
Jan.
1909
147
200 02
5
-
61
66
7
1
1,000 00
-
-
13,201 32
3,400 00
10
May 1897
Aug. 1909
148
200 70
17
1
19
37
5
4
“
20
Oct.
1896
Mar. 1909
150
203 52
-
28
67
95
17
4
“
“
21
Apr. 1897
Sept. 1909
150
204 07
11
43
76
130
34
10
8
Oct. 1896
Feb. 1909
149
200 00
13
-
18
31
5
1
9
Apr. 1897
Sept. 1909
150
200 94
-
-
26
26
4
-
Needham
11
May 1897
Dec. 1908
140
200 00
7
-
14
21
6
1
1,400 00
-
New Bedford
32
Nov. 1896
Dec. 1908
146
200 39
9
43
69
121
18
7
1,800 00
5
Mt. Washington
“
“
“
North Abington
“
“
7,425 90
19,334 40
2,150 00
31
4,725 00
26,529 10
2,500 00
-
-
6,200 00
-
-
5,224 44
-
5,750 00
4,200 00
24,247 19
“
33
May 1897
June 1909
146
200 32
12
-
66
78
14
3
2,125 00
-
-
19
Apr. 1897
Dec. 1908
141
200 98
3
-
37
40
8
1
600 00
-
-
8,039 20
“
20
Oct. 1897
June 1909
141
200 98
7
3
49
59
11
2
1,400 00
1
550 00
11,857 82
-
“
16
Nov. 1896
Oct. 1908
144
203 10
-
-
38
38
8
14
“
17
May 1897
Apr. 1909
144
202 96
-
-
44
44
10
“
North Easton
44
200 00
3,450 00
“
Northampton
North Dighton
1
12
-
“
15,624 96
-
-
-
7,717 80
-
-
-
8,930 24
8,836 08
8
Apr. 1897
June 1909
147
200 82
-
-
44
44
-
-
-
-
17
Apr. 1897
Nov. 1908
140
200 23
11
-
33
44
8
2
2,200 00
-
-
8,810 12
18
Oct. 1897
May 1909
140
200 13
5
-
17
22
9
1
1,000 00
-
-
4,402 86
2,000 00
Norwood
“
16
Apr. 1897
Dec. 1908
141
200 98
10
-
72
82
23
1
44
“
17
Oct. 1897
June 1909
141
200 98
-
-
65
65
12
-
-
-
-
16,480 36
-
-
13,063 70
Orange
“
17
Jan.
1897
Dec. 1908
144
200 29
5
1
26
32
6
2
1,000 00
1
100 00
6,409 28
44
“
18
July 1897
June 1909
144
200 80
6
-
20
26
6
2
1,200 00
-
-
5,220 80
1
100 00
11,247 04
-
-
15,663 18
Peabody
“
“
18
Dec. 1896
Nov. 1908
144
200 84
20
2
34
56
17
4
4,000 00
44
“
19
June 1897
May 1909
144
200 81
4
-
74
78
18
1
800 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
BANK COMMISSIONER.
“
M ilford
7,431 08
No. 8.]
«4
M iddleborough
People’s Co-operative Bank
Pioneer
“
•«
**
Pittsfield
“
“
“
Share L oans
CANCELLED
BY MATURITY
or Shares .
r
<-iv
B
3
£
'S
id
o
S
Total Value of
Shares matured.
Unpledged.
Pledged for
Share Loans.
"3
O
Eh
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
Shares
Number of Borrow
ers.
of
MATURED.
Number of Holders.
N umber
Pledged for
R. E. Loans.
Date
of
Maturity.
[ Maturing Value per
Share.
Date
of
Issue.
1 Amount paid in per
1 Share.
NAME OF BANK .
Number of Series.
Statement of Shares matured since Last Report — Continued.
30
May 1896
Oct. 1908 $150 $208 42
15
-
-
15
1
1
$3,000 00
-
37
Oct. 1896
Mar. 1909
150
202 14
26
-
18
44
14
4
5,100 00
-
-
8,894 16
38
Apr. 1897
Sept. 1909
150
202 29
26
-
5
31
6
3
5,200 00
-
-
6,270 99
16
May 1896
Oct. 1908
150
203 32
-
56
53
109
17
8
-
8
$3,126 30
$4,300 00
“
“
“
17
Nov. 1896
Apr. 1909
150
202 89
9
10
45
64
7
2
1,800 00
1
300 00
12,984 96
«*
“
31
June 1897
Nov. 1908
138
200 09
9
12
41
62
22
6
1,700 00
7
2,240 00
12,405 58
“
••
“
32
Dec. 1897
May 1909
138
200 11
9
27
44
80
26
10
1,800 00
10
3,700 00
16,008 80
Provident
“
“
23
Nov. 1896
Nov. 1908
145
200 16
14
38
157
209
31
8
2,491 60
5
5,550 00
41,833 44
“
“
“
24
May 1897
July 1909
147
200 94
37
40
217
294
51
9
7,000 00
5
4,900 00
59,076 36
Quincy
<•
“
16
Nov. 1896
Oct. 1908
144
201 37
33
-
41
74
11
6
6,600 00
-
“
“
“
17
May 1897
Apr. 1909
144
201 23
65
37
13
115
17
8
10,900 00
3
3,529 00
“
“
17
Feb. 1897
Jan. 1909
144
202 82
3
-
-
3
2
2
500 00
-
-
608 46
“
«
18
Aug. 1897
July 1909
144
202 92
8
-
-
8
2
2
1,550 00
-
-
1,623 36
“
“
20
May 1896
Oct.
1908
150
201 04
-
1
68
69
17
1
“
“
21
Nov. 1896
Apr. 1909
150
201 25
6
-
27
33
7
1
-
51
77
128
20
5
36
10
29
75
13
5
Reliance
“
“
16
Jan. 1897
Mar. 1909
147
200 48
“
••
“
17
July 1897
S ep t. 1909
147
200 37 1
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1
200 00
13,871 76
1,250 00
-
-
6,641 25
5
3,500 00 I
25,661 44
7,100 00
2
1,200 00 1
15,027 75
-
a
td
14,901 38
“
“
O
23,141 45
Randolph
Reading
td
22,161 88
Plymouth
-
o
►d
£
cr
oou
Roger Conant
“
“
«
Roxbury
“
“
»
“
•
5
Nov. 1896
Oct.
1908
144
200 30
-
3
33
36
8
1
-
1
75 00
7,210 80
6
May 1897
May 1909
145
200 79
2
5
23
30
8
2
400 00
1
400 00
6,023 70
14,420 16
15
Nov. 1896
Jan. 1909
147
200 28
-
10
62
72
9
2
16
May 1897
July 1909
147
200 06
-
-
61
61
-
-
18
Oct.
Oct.
1908
145
200 00
-
10
44
54
19
1
47
91
25
5
'
-
2
850 00
-
-
-
-
4
1,075 00
10,800 00
1
75 00
18,288 27
12,203 66
»
“
“
19
Apr. 1897
June 1909
147
200 97
42
2
Sandwich
“
23
Dec. 1896
Oct.
1908
143
204 28
-
-
9
9
5
-
-
-
-
1,838 52
“
“
“
24
June 1897
Apr. 1909
143
204 79
3
-
3
6
3
2
550 00
-
-
1,228 74
“
24
Dec. 1896
Nov. 1908
144
203 29
7
-
-
7
2
2
1,400 00
-
-
1,423 03
14
6
6
2,725 00
-
-
2,844 38
213
33
8
2,950 00
6
4,300 00
42,619 17
4
3,000 00
3
2,210 00
51,828 49
Security
“
»
Somerville
»
So. Framingham“
So. Shore
»
“
“
Suffolk
May 1909
144
203 17
14
-
Oct.
1896
Feb. 1909
149
200 09
16
41
200 11
15
25
219
259
40
2
1
22
25
9
2
400 00
1
75 00
5,003 00
-
36
40
5
1
800 00
-
-
8,037 20
-
6
7
3
1
200 00
-
-
1,406 93
1
1
2,000 00
-
-
2,006 70
35
Apr. 1897
Aug. 1909
149
16
Nov. 1896
1909
147
200 12
200 93
4
Jan.
-
156
May 1897
Aug. 1909
Nov. 1896
Jan.
1909
147
200 99
1
“
15
May 1897
July 1909
147
200 67
10
-
-
10
“
17
Mar. 1897
Nov. 1908
141
200 29
18
-
-
18
3
3
3,600 00
-
-
3,605 22
"
18
Sept. 1897
May 1909
141
200 26
8
2
-
10
3
3
1,600 00
1
400 00
2,002 60
“
42
May 1896
Oct.
1908
150
205 66
1
-
-
1
1
1
-
-
-
“
20
May 1896
Oct.
1908
150
202 32
-
3
51
54
17
1
-
2
550 00
“
“
21
Nov. 1896
Apr. 1909
150
201. 90
-
-
20
20
6
-
-
-
-
4,038 00
“
“
20
Mar. 1897
Feb. 1909
144
200 82
15
5
39
59
13
2
3,000 00
4
350 00
11,848 38
26
27
62
11
4
1,800 00
2
1,150 00
12,441 54
-
14
17
4
1
470 00
-
“
“
Stoneham
Stoughton
June 1897
34
17
“
“
“
25
14
“
So. Weymouth
Springfield
8,300 00
148
“
“
1896
“
“
21
Sept. 1897
Aug. 1909
144
200 67
9
“
“
22
May 1896
Oct.
150
201 93
3
-
205 66
10,925 28
3,432 81
xix
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1908
BANK COMMISSIONER.
Salem
X
Nov. 1896
Apr. 1909 $150 $201 81
-
-
15
15
2
-
“
18
May 1897
July 1909
147
200 18
16
5
42
63
26
5
$3,050 00
2
Volunteer
“
“
26
Oct.
Dec. 1908
147
200 13
14
-
60
74
8
2
2,650 00
-
“
“
“
1896
'ÔJ
O
H
-
'S
3
o
s
-
27
Jan. 1897
Mar. 1909
147
200 13
32
48
81
161
26
15
6,400 00
10
“
28
Apr. 1897
June 1909
147
200 14
51
-
121
172
16
4
10,200 00
-
“
29
July 1897
Sept. 1909
147
200 14
10
45
62
117
14
6
2,000 00
4
Wakefield
20
May 1896
Oct.
1908
150
205 02
5
23
18
46
14
6
850 00
21
Nov. 1896
Apr. 1909
150
204 34
22
3
22
47
17
5
3,200 00
45
Apr. 1896
Dec. 1908
153
200 16
-
-
35
35
6
-
.
46
July 1896
Apr. 1909
154
200 88
-
-
18
18
3
-
Waltham
“
“
“
Sh a r e s .
.
Date
of
Maturity.
Number.
23
“
Date
of
Issue.
Unpledged.
Suffolk Co-operative Bank
Taunton
NAME OF BANK .
$500 00
6,000 00
Total Value of
Shares matured.
&
OK
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
Number of Borrow
ers.
Number of Holders.
Sh a r e L oa n s
CANCELLED
Pledged for
Share Loans.
N u m b e r of S h a r e s
MATURED.
Pledged for
R. E. Loans.
Maturing Value per
Share.
Amount paid in per
Share.
Number of Series.
Statement of Shares matured since Last Report — Concluded
$3,027 15
12,611 34
14,809 62
32,220 93
34,424 08
^
4,700 00
23,416 38
O
hrj
4
3,600 00
9,430 92
1
600 00
9,603 98
j-jH
-
-
-
7,005 60
M
-
-
-
3,615 84
-
“
“
“
47
Oct. 1896
May 1909
152
200 05
23
-
23
46
8
-
4,500 00
-
-
9,202 30
“
“
“
48
Jan. 1897
Sept. 1909
153
200 82
12
18
72
102
14
-
2,400 00
2
700 00
20,483 64
17,574 00
Watertown
“
“
18
Dec. 1896
Nov. 1908
144
202 08
23
-
64
87
18
2
4,500 00
-
“
“
“
19
June 1897
May 1909
144
202 00
22
15
50
87
19
5
4,400 00
2
500 00
Waverley
“
“
“
Weir
“
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
17,580 96
3
Apr. 1897
Mar. 1909
144
204 28
-
20
15
35
6
1
-
1
1,000 00
7,149 80
'h j
4
Oct. 1897
Sept. 1909
144
204 09
-
10
17
27
5
1
-
1
950 00
5,510 43
CT
26
Jan. 1897
Feb. 1909
146
200 53
-
-
49
49
12
-
-
-
-
9,825 97
Ü
27
July 1897
Aug. 1909
146
200 18
4
-
38
42
9
1
800 00
-
-
8,407 56
n
“
“
West Roxbury
“
“
West Somerville “
“
West Springfield “
Whitman
“
Winchendon
“
Winchester
“
“
Jan.
1909
146
200 66
4
-
16
2Ó
4
Í
800 00
-
-
4,013 20
July 1909
146
200 30
6
-
5
11
2
1
1,200 00
-
-
2,203 30
32
Nov. 1896
Apr. 1909
150
200 04
39
34
67
140
27
12
7,650 00
6
4,150 00
28,005 60
33
May 1897
Oct.
1909
150
200 21
63
48
86
197
33
17
12,600 00
7
4,350 00
39,441 37
13
Oct.
1896
Mar. 1909
150
205 76
-
20
28
48
5
3
3
2,685 00
9,876 48
14
Apr. 1897
Oct. 1909
150
205 52
15
7
46
68
14
3
2
270 00
13,975 36
1,500 00
3,000 00
1
May 1897
June 1909
146
199 81
2
10
18
30
8
3
400 00
2
17
Mar. 1897
Jan. 1909
143
200 08
14
-
18
32
10
4
2,700 00
-
18
Sept. 1897
July 1909
143
200 28
8
-
-
8
2
2
1,500 00
12
Mar. 1897
Apr. 1909
146
201 56
-
5
20
25
7
1
-
5,994 30
6,402 56
-
-
1,602 24
-
1
850 00
5,039 00
-
1
200 00
4,418 48
1
750 00
9,031 95
7
Nov. 1896
Feb. 1909
148
200 84
-
2
20
22
5
1
8
May 1897
Aug. 1909
148
200 71
11
8
26
45
6
3
2,100 00
“
21
Apr. 1897
Mar. 1909
144
202 71
4
2
69
75
15
2
700 00
1
350 00
15,203 25
“
22
Oct. 1897
Sept. 1909
144
203 13
-
13
74
87
23
4
-
4
1,710 00
17,672 31
17
Apr. 1897
Mar. 1909
144
202 40
30
-
44
74
17
4
5,850 00
-
-
14,977 60
11,729 92
“
Woburn
Dec. 1896
June 1896
Wollaston
“
“
18
Oct.
1897
Sept. 1909
144
202 24
21
5
32
58
18
4
4,000 00
1
150 00
Worcester
“
34
Apr. 1897
Oct. 1908
139
200 67
15
-
-
15
4
4
3,000 00
-
-
3,010 05
“
“
35
Oct.
1897
Apr. 1909
139
200 57
13
-
-
13
2
2
2,600 00
-
-
2,607 41
21,400 00
Workingmen’s
“
42
Sept. 1896
Dec. 1908
148
200 00
13
8
86
107
27
4
2,500 00
1
100 00
«
«
43
Dec. 1896
Apr. 1909
149
200 87
18
-
150
168
34
1
3,600 00
-
-
33,746 16
“
“
44
Mar. 1897
July 1909
149
200 73
23
8
160
191
38
5
4,600 00
2
600 00
38,339 43
Totals for year ending Oct. 30,1909
2,453
2,341
9,972 14,766
3,103
773
$479,841 60
435
$246,916 00
$2,970,928 80
Previously reported
19,154 10,241 56,087 85,482
20,026 5,364 3,730,757 17
2,790 1,131,464 00
17,230,289 61
Totals from date of first maturity
21,607 12,582 66,059 100,248
23,129 6,137 $4,210,598 77
3,225 $1,378,380 00 $20,201,218 41
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
BANK COMMISSIONER.
“
1Ó
11
No. 8.]
West Newton
XXII
REPORT OF THE
[Pub. Doc
Principal Assets and Liabilities of Co-operative
Year.
No.
Bonds
of
Banks. and Notes.
Loans on
Real Es
tate.
Loans on
Shares.
1879
10
-
$176,305
$7,623
1880
16
$2,050
328,687
15,558
1881
18
-
572,213
26,013
1882
25
-
923,963
36,511
Real
Common
Estate by
Expense
Form
Arrearages
Fore
Account.
Mortgages
closure.
-
Cash on
Hand and Other
in Banks. Assets.
-
$4,954
$2,559
$13,279
$515
-
5,241
3,694
16,698
534
-
-
9,134
4,822
40,101
860
-
-
15,153
6,498
49,121
4,889
1883
25
-
1,308,479
63,872
-
-
21,773
6,099
66,340
4,699
1884
26
-
1,771,778
87,984
-
-
27,541
6,222
76,474
1,924
2,934
1885
30
-
2,253,668
112,743
-
$6,309
32,957
7,380
96,345
1886
40
-
2,887,369
151,944
-
8,997
38,829
9,286
128,842
3,805
1887
51
-
3,797,628
195,406
-
4,929
51,640
11,538
145,331
5,477
13 456
1888
66
-
4,884,665
241,316
-
16,297
66,880
14,072
268,426
1889
93
-
6,405,208
267,545
-
34,567
65,940
20,324
313,045
-
1890
103
51,779
8,325,923
363,793
-
49,833
-
24,129
394,386
54,990
1891
108
17,793
10,791,169
520,801
-
67,557
56,550
23,919
380,080
16,661
1892
115
30,527
13,093,402
599,121
$9,960
98,481
66,178
24,345
687,115
11,147
1893
116
84,254
15,577,718
815,771
22,990
105,198
87,214
25,562
351,837
15,378
1894
117
62,391
16,590,389
784,732
43,650
139,137
107,438
23,358
829,267
4,309
1895
119
114,131
18,427,199
851,331
31,725
184,550
117,085
23,842
795,397
7,407
1896
122
157,884
20,777,353
989,834
25,828
282,610
149,267
25,265
484,511
14,140
1897
123
125,365
21,835,114
962,510
77,750
531,041
150,893
24,982
872,216
17,972
27,909
1898
124
82,927
22,825,741
1,009,018
106,973
782,370
163,172
23,837
771,407
1899
125
115,439
23,270.571
1,109,349
124,970
890,605
172,561
24,650
1,024,462
12,040
1900
126
82,668
24,046,155
1,155,074
181,384
993,150
163,729
25,087
1,057,177
17,324
1901
128
86,526
24,954,786
1,208,597
313,125
1,041,708
166,565
25,920
858,162
18,819
1902
130
132,350
26,469,757
1,275,680
324,393
946,148
154,291
27,380
1,033,439
28,228
21,955
1903
130
237,754
28,940,169
1,547,442
367,239
839,223
149,970
32,510
783,477
1904
129
214,922
31,580,140
1,554,301
398,298
730,486
154,031
31,068
922,583
28,219
1905
130
346,140
34,465,236
1,599,559
407,569
580,427
156,673
26,481
1,092,096
50,901
1906
133
445,876
38,155,669
1,742,547
383,336
542,868
130,379
31,346
1,085,708
39,840
1907
135
294,890
43,072,942
2,128,793
370,950
365,051
156,582
32,800
753,702
44,365
1908
137
203,450
46,989,242
2,258,420
330,958
334,863
197,190
35,217
967,631
22,931
1909
140
111,879
51,543,428
2,238,821
305,997
244,554
188,780
36,820
1,257,809
17,546
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
BANK COMMISSIONER.
xxiii
Banks from 1879 to 1909 inclusive.
Total As
sets and
Liabilities.
$205,235
Dues
Capital.
Profits
Capital.
-
$193,519
Guaranty
Surplus.
Fund.
-
$690
Un
Forfeited Retired Matured Other
Liabili Year.
Share
divided
Share
Share
ties.
Earnings. Account. Account. Account.
$4,296
$147
372,462
355.088
-
-
4,060
2,871
159
653,143
633,264
-
-
2,782
2,999
175
1,036,135
998,400
-
5,104
4,808
261
1,471,262
-
1,432,422
-
-
8,165
6,788
988
12,409
12,244
1,171
-
$6,583
1879
-
-
10,284
1880
-
-
13,923
1881
-
27,562
1882
-
22,899
1883
1884
-
-
1,971,923
1,932,475
-
$44
-
-
13,580
2,512,336
2,464,337
-
1,890
14,749
16,035
923
$2,798
-
11,604
1885
5,084
18,442
17,496
1,808
1,823
-
14,323
1886
24,017
21,761
998
1,092
-
28,577
1887
33,225
30,074
2,815
-
$16,370
35,945
1888
8,538
10,748
1889
-
27,585
1890
3,229,072
4,211,949
5,505,112
7,106,629
3,170,096
-
4,127,679
5,374,777
6,267,286
-
7,825
-
11,906
$702,296
18,233
16,243
77,980
3,157
2,148
,
9,264,833
8,009,038
1,070,812
27,207
25,967
99,625
4,599
-
11,874,530
10,216,145
1,414,690
39,195
41,314
125,538
7,559
-
-
30,089
1891
137,995
7,255
680
16,427
15,379
1892
235
15,727
17,878
1893
14,620,276
17,085,922
12,512,367
14,516,478
61,974
1,814,094
54,105
2,243,839
68,491
82,675
131,683
8,916
111,508
141,051
13,856
3,573
35,818
10,223
1894
128,347
146,875
13,832
573
5,497
21,508
1895
18,584,671
15,644,530
2,535,983
88,129
20,552,667
17,217,776
2,910,815
107,444
22,906,692
19,053,0S2
3,360,263
126,216
161,740
161,541
12,833
2,131
8,573
20,313
1896
24,597,843
20,319,076
3,709,416
145,693
190,683
174,801
11,332
2,932
12,907
31,003
1897
25,793,354
21,246,168
3,943,901
165,376
216,456
177,591
13,412
6,049
5,147
19,254
1898
26,744,647
22,034,825
4,057,313
183,131
241,170
172,425
13,608
6,328
17,571
18,276
1899
27,721,748
22,859,955
4,133,131
201,942
270,233
157,931
13,129
23,198
48,362
13,867
1900
1901
28,674,208
23,741,905
4,160,596
219,298
293,491
158,896
10,916
28,910
40,002
20,194
30,391,666
25,299,943
4,284,428
237,161
314,212
161,598
11,196
20,654
40,608
21,866
1902
32,919,739
27,478,895
4,582,909
258,699
332,530
177,797
14,249
451
38,331
35,878
1903
35,614,048
29,750,625
4,915,582
276,411
373,996
208,976
14,743
809
41,760
31,146
1904
38,725,082
32,325,730
5,353,179
304,313
413,576
196,431
17,685
1,479
50,203
62,486
1205
42,557,575
35,507,667
5,896,481
341,406
476,478
220,511
16,320
4,528
54,546
39,638
1906
47,220,075
39,250,508
6,577,060
379,819
556,526
259,288
18,216
1,129
151,923
25,606
1907
51,339,904
42,576,682
7,275,908
436,369
672,963
279,099
15,876
371
62,244
20,392
1908
55,945,634
46,220,344
7,977,730
499,048
777,028
309,986
25,708
4,674
96,057
35,059
1909
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
XXIV
[Pub/ Doc.
OF T H E
C o l l a t e r a l L o a n C o m p a n ie s .
There are four companies of this character, operating under special
charters, and, as provided therein, they have all been examined by an
expert accountant, who certifies to the correctness of their annual
reports which appear in this volume.
M
or tg ag e
L o a n C o m p a n ie s .
Globe Investment Company.
The receivership of this company will probably be kept open a
few years longer, in order that the many defects continually arising
in the titles to real estate, caused by the illegal practices of its old
officers, may he adjusted by competent authorities.
National Mortgage and Debenture Company.
A s stated in the reports of this department for the past four years,
the existence of this company is continued pending the disposition of
certain properties in Florida, which constitute its remaining assets.
F
o r e ig n
S a v in g s
and
L oan A
s s o c ia t io n s .
American Building, Loan and Investment Society of Chicago.
Under date of October 30, 1909, the receiver of this society writes
as follow s: —
No further distribution has been made to the stockholders o f the American
Building, Loan and Investment Society since my last report to your office.
It is hoped that the affairs o f the society may be closed out this winter, when
a very small final dividend will be paid.
Minnesota Saving Fund and Investment Company, Minneapolis.
During the year a final dividend of 1.9 per cent, has been declared,
and the affairs of this company practically closed.
The total dividend
paid to Massachusetts stockholders was 4 9 1 / 2 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
BANK COMMISSIONER.
XXV
M is c e l l a n e o u s .
American Service Union.
In consideration of a fixed monthly payment, this company issues
a time contract, in which it guarantees the payment of dues and
assessments of the holder thereof in fraternal orders or societies;
and, under the terms of the contract the balance of the monthly pay
ments or the investments thereof, are lodged with one or more trust
companies or savings banks doing business in this Commonwealth, as
security for the matured value of the contract.
On December 27, 1909, the company had on deposit with the Puri
tan Trust Company of Boston $5 ,0 8 0 .7 7 , and with the Liberty Trust
Company of Boston $24 ,1 6 6 .6 7 .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A R T H U R B. C H A P IN ,
Bank Commissioner.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ABSTRACT OF ANNUAL REPORTS
OF THE
CO- OPERATIVE BANKS
SHOWING THEIR
CONDITION AT CLOSE OF BUSINESS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
October 30 , 1909 .
2
REPORT OF THE
[Pub. Doc,
A C U S H N E T C O -O P E R A T IV E B A N K , N E W BEDFORD.
125 M IDDLE STREET.
Incorporated November 15, 1889.
R u f u s A. S o u l e , President.
Began business November 16, 1889.
C h a r l e s R. P r ic e , Secretary.
E d g a r L o r d , Treasurer.
Board of Directors: L. B. B a t e s , E. W . B o u r n e , S t a n d is h B o u r n e , J. L. G i b b s , W . A. K i r b y ,
O. S. P a i n e , E. E. F. P o t t e r , W . L. S a y e r , G. R. S t e t s o n , C. M. T a b e r , F r e d e r ic T a b e r ,
H. W . T r i p p .
Security Committee: L. B. B a t e s , W . A. K i r b y , H. W . T r i p p .
Regular meetings for receipt of moneys the fourth Saturday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $309,750 00
Less amounts due
.
4,120 11
$305,629
19,400
4,207
1,320
246
4,889
Loans on shares
Unpaid dues
Unpaid interest
Unpaid fines
Cash
89
00
00
84
78
22
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
Matured share account
Advance interest
$281,456
46,425
3,605
2,939
230
991
45
$335,693 73
$335,693 73
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
28
81
27
23
60
54
M em bersh ip.
.
.
2,392
1,813
47
131
6,863
2,106
.
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
247
203
885
236
P rofits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 50% of last dividend.
R ates an d Averages o n Loans, O ctober 30, 1909.
176 realestate loans (average, $1,759.94 each; average rate, 5 .6 9 % ): 5 £ % , $193,250; 6 % , $112,379.89.
60 share loans (average, $323.33 each; average rate, 5 .7 8 % ); 5 4 % , $8,675; 6 % , $10,725.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
Salaries.
$1,131.66
3 .3 7
Other Expenses.
$237.54
.71
Total.
$1,369.20
4.08
3
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem en ts, Y ear end ing
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Interest
.
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Cash on hand Oct. 31, 190S
$85,235
00
00
00
00
00
1,300
43,325
21,800
37,100
17,199 34
337 25
1 75
538 63
32 60
201 96
3,833 06
8,991 00
$219,895 59
D is b u b s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Uncompleted mortgage loans
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Cash on hand Oct. 30, 1909
$46,104
1,328
19,181
4,519
431
7,123
84,375
12,750
34,529
356
1,369
97
2,841
4,889
00
00
00
03
67
20
00
00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Value
Date of Issue. Series. per
Share. in W . Total Value.
Nov. 1897
17 $198 58
59
$11,716 22
May 1898
18
187 60
38
7,128 80
Nov. 1898
19
176 90
29
5,130 10
May 1899
20 166 54
41
6,828 14
21 156 47 100 15,647 00
Nov. 1899
22 146 66
May 1900
35
5,133 10
Nov. 1900
23
137 11
138
18,921 18
May 1901
24
127 77
76
9,710 52
Nov. 1901
25
118 68
114
13,529 52
May 1902
26
109 81
139
15,263 59
Nov. 1902
27
101 14 159
16,081 26
May 1903
92 69
28
149
13,810 81
Nov. 1903
29
84 45
166
14,018 70
May 1904
30
76 41
222
16,963 02
Nov. 1904
31
68 57 361
24,753 77
32
May 1905
60 92
249
15,169 08
Nov. 1905
33
53 45
453
24,212 85
May 1906
34
46 16
417
19,248 72
Nov. 1906
35
39 05
385
15,034 25
May 1907
32 13
36
561
18,024 93
Nov. 1907
37
25 37
518
13,141 66
May 1908
38
18 78
525
9,859 50
Nov. 1908
39
12 36 991
12,248 76
May 1909
40
6 10 938
5,721 80
Dues paid in advance
89
29
22
584
00
$327,881 28
20
63
46
$219,895 59
D a t e o f E x a m in a t i o n , July 12.
R e co n cilia tio n o i Share A cco u n t w ith Dues
an d P rofits Capital.
Dues capital
Profits capital
$281,456 00
46,425 28
$327,881 28
4
REPORT
OF
THE
[Pub. Doc,
AD AM S C O -O P E R A T IV E B A N K , AD A M S.
18 CENTRE STREET.
Incorporated December 17, 1895.
G e o r g e B . A d a m s , President.
Began business March 10, 1896.
F r a n k H a n l o n , Secretary.
F r a n k H a n l o n , Treasurer.
Board of Directors: R. C. B u n t i n , J. J. C a r n e y , J. J. D a l y , A. B . D a n i e l s , A. E. G r e e n , S. L. A.
H a l l , F. R. H a r r in g t o n , A. W . J o n e s , H e n r y K a i s e r , P a u l M o o n e y , W . S. M o r t o n ,
W . B . P l u n k e t t , F. W . S m it h , P . P . S m it h , O. A. U p t o n .
Security Committee: J. J. C a r n e y , S. L. A . H a l l , P . P . S m it h .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Cash
.
.
.
.
$198,080
17,565
1,710
634
8,696
00
00
00
00
42
$188,404
33,712
934
3,634
Dues capital
Profits capital .
Guaranty fund .
Surplus
$226,685 42
$226,685 42
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
75
39
28
.
.
812
502
185
51
3,843
1,492
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
105
86
517
189
Profits D istributed.
First term, 2 | % ; second term, 2 i % .
Proportion of profits retained on voluntary withdrawals, 10 % .
R ates and A verages o n Loans, O ctober 30, 1909.
149 real estate loans (average, $1,329.40 each; average rate, 5 .3 7 % ) : 5 % , $114,480; 5 £ % , $19,050;
6% , $64,550.
42 share loans (average, $418.21 each; average rate, 5 .8 6 % ) : 5 % , $2,490; 6 % , $15,075
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$650.04
2 .8 7
Other Expenses.
$335.36
1.48
Total.
$985.40
4 .3 5
No. 8.]
BANK COMMISSIONER.
R eceipts an d D isbursem ents, Year end ing
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
00
800 00
37,080 00
21,960 00
120 00
$46,525
15,798
64
11,844
183
244
19,522
33
50
89
17
15
81
$154,142 85
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$19,066
22,312
7,344
2,469
7,113
2,962
61,035
21,900
82
175
985
8,696
00
00
00
87
54
75
00
00
00
87
40
42
$154,142 85
5
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Date of’ Issue. 1Series.
Value
per Share. in Fom;. Tota^ Value.
Nov.
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
$201
1897
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
178
168
157
147
137
128
118
109
23
24
25
26
27
Dues paid in advance
02
68
61
87
92 32
84 05
75 98
68 16
60 57
53 16
45 93
38 87
31 99
25 27
18 72
12 33
6 09
100
20
21
22
17
76
05
58
42
58
33
33
25
85
87
107
74
63
117
139
92
64
193
247
398
186
138
179
276
383
195
286
443
$6,638
5,899
4,201
13,394
12,825
14,721
9,473
7,476
12,824
14,020
8,493
5,379
14,664
16,835
24,106
9,887
6,338
6,957
8,829
9,678
3,650
3,526
2,697
61
08
25
30
54
06
48
84
37
93
44
76
34
73
24
41
40
38
87
145
00
20
14
52
86
$222,665 75
Dues capital
Profits capital
Unpaid dues
.
$188,404 00
33,712 75
549 00
$222,665 75
D a t e o f E x a m in a t i o n , April 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
6
[Pub. Doc.
A M E S B U R Y C O -O P E R A T IV E B A N K , A M E S B Ü R Y .
M A R K E T SQUARE.
Incorporated April 10, 1886.
W i l l ia m W . H a w k b s , President.
Began business May 1, 1886.
H e n r y F . C a r e y , Secretary.
P o r t e r S a r g e n t , Treasurer.
Board of Directors: R . E. B r ig g s , J o h n C u r r i e r , A. H . F i e l d e n , W . W . H a w k b s , M . B . M e r r il l .
E. B r ig g s , J o h n C u r r i e r , W . W . H a w k e s .
Security Committee: R
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, [OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Cash
.
.
.
.
$77,630
1,460
300
393
18
12,162
00
00
00
87
86
46
$73,732
11,726
2,899
3,606
Dues capital
Profits capital .
Guaranty fund .
Surplus
$91,965 19
$91,965 19
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct 30, 1909
Pledged Oct. 30, 1909
00
77
70
72
320
100
.
30
96
1,748
468
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
73
49
366
89
P rofits D istributed.
First term, 2J % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, 10 % .
R ates and A verages on Loans, October 30, 1909.
82 real estate loans (average, $946.70 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $77,630.
7 share loans (average, $208.57 each; average rate, 6 .3 0 % ) ; 6 .3 0 % , $1,460.
T ota l E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries. Other Expenses.
$350.00
$388.35
3.81
4 .2 2
Total.
$738.35
' 8.0 3
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$20,936 00
1,200
7,500
1,855
5,844
273
126
00
00
00
66
38
68
25
57 42
8,743 97
$46,537 36
ft
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$3,262
2,907
14,054
631
707
5,105
6,475
335
11
147
738
12,162
00
00
00
91
19
27
00
00
58
60
35
46
$46,537 36
7
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. >Series. per Share. in Force. Total Value.
$5,908 50
30
24 $196 95
Nov. 1897
5,209 96
28
25
186 07
May 1898
3,685 71
175 51
21
Nov. 1898
26
28
14
2,313 92
27
165
May 1899
2,475 20
17
29
145 60
May 1900
952 84
136 12
7
Nov. 1900
30
30
3,806 10
31
126 87
May 1901
84
3,063
32
26
117 84
Nov. 1901
109 03
1
109 03
33
May 1902
1,104
84
11
100 44
34
Nov. 1902
1,472 96
92 06
16
35
May 1903
21
1,761
48
36
83 88
Nov. 1903
21
1,593 90
37
75 90
May 1904
11,784
38
12
173
76
68
Nov. 1904
2,421 20
40
39
60 53
May 1905
8,924
12
168
16
53
40
Nov- 1905
190
8,719 10
41
45 89
May 1906
182
88
84
7,068
42
38
Nov. 1906
4,442 44
139
31 96
43
May 1907
3,737 00
44
25 25 . 148
Nov. 1907
2,805 00
150
45
18 70
May 1908
12
125
1,538 75
31
Nov. 1908
46
190
1,155 20
47
6 08
May 1909
Dues paid in advance
30 00
$86,084 77
Dues capital
Profits capital
Unpaid dues
.
$73,732 00
11,726 77
626 00
$86,084 77
D a t e or E x a m in a t i o n , August 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8
REPORT OF THE
[Pub. Doc
\
A R L IN G T O N C O -O P E R A T IV E B A N K , A R L IN G T O N .
624 MASSACHUSETTS AVENUE.
Incorporated October 30, 1889.
Began business November 14, 1889.
W a b r e n A . P e ir c e , President. C h a r l e s H_ S t e v e n s , Secretary. O m a r W . W h it t e m o r e , Treasurer.
Board of Directors: C. W . A l l e n , G. G A l l e n , J. A . B a i l e y , Jr., S. M. B a r t l e t t , F r a n k B o l t ,
J. 0 . H o l t , G. D. M o o r e , W . A . P e ir c e , G. O. R u s s e l l , C. H . S t e v e n s , G. W . S t o v e r ,
O . W . W h it t e m o r e , F . P . W i n n , W . N . W i n n , C. R. W h y t a l , D a n i e l W y m a n .
Security Committee: G. G. A l l e n , J. A . B a i l e y , Jr., W . A . P e ir c e .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure,
Unpaid interest
Unpaid fines
Cash
$339,527
21,070
990
1,173
2,157
226
4,272
03
00
00
98
87
20
31
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$305,754
55,322
1,811
6,523
5
$369,417 39
$369,417 39
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
00
93
00
66
80
.
.
.
.
.
.
.
.
.
1,358
802
118
6,233
2,126
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
144
84
703
224
P rofits D istributed.
First term, 2 £ % ; second term, 2 f % .
Proportion {of profits’ retained on voluntary withdrawals, 2 5% on series not over 7 years old;
after 7 years, none.
R ates andJA verages o n Loans, October 30, 1909.
183 real estate loans (average, $1,855.34 each; average rate, 5 .0 1 % ) ; 5 % , $336,627.03 ; 5 1 % ,
$1,400; 6 % , $1,500.
41 share loans (average, $513.90 each; average rate, 5 .0 3 % ) ; 5 % , $20,445; 6 % , $625.
T o ta l E xpenses fo r Year.
Salaries.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
$
1,000.00
2.71
Other Expenses.
Total.
$469.35
$1,469.35
1.2 7
3.9 8
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem ents, Year en d in g
October 30, 1909.
.
.
.
.
.
$73,885
66,587
6,580
180
17,965
774
3
545
00
97
00
00
82
68
00
00
79
5 07
340 52
.
$166,867 85
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Surplus
.
.
.
.
.
Cash on hand Oct. 30, 1909
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
Forfeited profits
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
$33,142
17,573
5,015
6,063
87,825
10,990
106
400
1,469
10
4,272
00
00
70
04
00
00
99
46
35
00
31
9
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
Value
per Share. in Force. TotalValue‘
$195 57
73
$14,276 61
184 92
94
17,382 48
174 54
32
5,585 28
164 47
90
14,802 30
154 58
113
17,467 54
144 96
106
15,365 76
135 64
150
20,346 00
126 40
108
13,651 20
117 44
179
21,021 76
108 76
140
15,226 40
100 23
246
24,656 58
91 93
15,352 31
167
83 74
205
17,166 70
75 87
269
20,409 03
192
68 17
13,088 64
60 62
451
27,339 62
53 20
325
17,290 00
45 96
357
16,407 72
38 89
269
10,461 41
32 00
397
12,704 00
25 27
551
13,923 77
18 72
448
8,386 56
12 32
635
7,823 20
6 08 i 636
3,870 06
Dues paid in advance
$166,867 85
353 00
$364,357 93
Dues capital
Profits capital
Unpaid dues
.
$305,754 00
55,322 93
3,281 00
$364,357 93
D a t e o f E x a m in a t i o n , April 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
10
REPORT OF THE
[Pub. Doc.
AT H O L C O -O P E R A TIV E B A N K , A T H O L .
386 M A IN STREET.
Incorporated July 1, 1889.
G e o r g e D. B a t e s , President.
Began business July 15, 1889.
A. F. H a m il t o n , Secretary.
A. F. H a m il t o n , Treasurer.
Board of Directors: C. F . A m s d e n , G. D. B a t e s , R. E. B e e c h e r , O. T . B r o o k s , H . C F a y , L. B.
F a y , G. H . F o y e , T . H . G o o d s p e e d , A . F . H a m il t o n , F . W . L o r d , G . F . L o r d , W . G. L o r d ,
F . L. P a r m e n t e r , A . F . T y l e r , E. L. W o r r ic k .
Security Committee: C. F . A m s d e n , F . L . P a r m e n t e r , A . F . T y l e r .
Regular meetings for receipt of moneys the third Monday of each month.
STATEM EN T OF CONDITION. OCTOBER 30. 1909.
Assets.
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
Liabilities.
.
$118,280
5,965
198
20
2,480
00
00
04
65
86
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
.
$126,944 55
00
33
00
22
$126,944 55
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$106,031
16,323
763
3,827
M em bersh ip.
.
.
1,011
523
19
2,785
792
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
120
52
404
144
Profits D istributed.
First term, 2 £ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 5 0 % of last dividend.
R ates an d A verages o n Loans, October 30, 1909.
139 real estate loans (average, $850.93 each; average rate, 5 .7 4 % ) : 5 % , $30,525; 6 % , $87,755.
50 share loans (average, $119.30 each; average rate, 5 .9 7 % ) ; 5 % , $160; 6 % , $5,805.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$200.00
1.5 7
Other Expenses.
$182.10
1.43
Total.
$382.10
3.0 0
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$32,786 00
3,700
14,825
6,373
6,546
108
219
8,993
00
00
00
80
87
28
79
$73,552 74
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$20,520
2,850
3,171
1,088
35,880
7,180
382
2,480
00
00
01
48
29
00
10
86
$73,552 74
11
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. inForce.TotalValue$6,797 70
Nov. 1898
20 $174 30
39
21
164 14
11
1,805 54
May 1899
8,482 65
22
154 23
55
Nov. 1899
10,676 85
Nov. 1900
24
135 15
79
40
5,038 80
25
125 97
May 1901
936 72
Nov. 1901
26
117 09
8
74
8,020 86
27
108 39
May 1902
9,092 72
28
Nov. 1902
99 92
91
5,591 26
91 66
61
May 1903 - 2 9
45
3,761 55
Nov. 1903
30
83 59
101
7,646 71
31
75 71
May 1904
72
Nov. 1904
32
68 00
4,896 00
143
8,647 21
May 1905
33
60 47
34
114
6,055 68
Nov. 1905
53 12
3,812 19
35
45 93
83
May 1906
38 89
Nov. 1906
36
188
7,311 32
32 01
199
6,369 99
May 1907
37
38
4,299 30
25 29
170
Nov. 1907
4,832 34
258
May 1908
39
18 73
442
5,449 86
12 33
Nov. 1908
40
512
3,118 08
41
6 09
May 1909
Dues paid in advance
69 00
$122,712 33
Dues capital
Profits capital
Unpaid dues
.
$106,031 00
16,323 33
358 00
$122,712 33
D a t e o f E x a m in a t i o n , April 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
12
REPORT OF THE
[Pub. Doc.
A T L A N T IC C O -O P E R A T IV E B A N K , L A W R E N C E .
283 ESSEX STREET.
Incorporated March 26, 1891.
T h o m a s B e v i n g t o n , President.
Began business April 30, 1891.
B e n j a m in R . B k a d l e y , Secretary.
W m . D . C u r r i e r , Treasurer.
Board of Directors: R . H . B a r l o w , F. L. B a r s t o w , F. E. B a t c h e l l e r , H . E. B e v i n g t o n , O. W .
B o o t h b y , J a m e s B o o t h m a n , B . E. C r o w e l l , S. F. D a w s o n , T . S. D r e w r y , J o h n H a ig h ,
C. H . K i t c h i n , S. E. R o l l i n s , F. A. S h e r m a n , J. R . S im p s o n , I. N. W i l s o n .
Security Committee: R . H . B a r l o w , T h o m a s B e v i n g t o n , I. N. W
il s o n .
Regular meetings for receipt of moneys the last Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
.
$147,100
7,850
272
348
00
00
97
60
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Premiums
.
.
Fines
.
.
.
Withdrawal profits
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$155,571 57
00
11
04
33
46
25
49 27
26 11
5 00
$155,571 57
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$128,113
22,387
2,613
1,540
837
M em bersh ip.
.
836
709
10
51
3,021
997
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
95
92
340
104
Profits D istributed.
First term, l i % ; second term, l i % ;
term, 1 £ % ; fourth term, 1|% .
third
Proportion of profits retained on voluntary withdrawals, 2 5% on series not over 5 years old;
1 0% on series from 5 to 8 years old; after 8 years, none.
Rates an d Averages o n Loans, October 30, 1909.
92 real estate loans (average, $1,598.91 each; average rate, 5 .3 4 % ) : 5 % , $97,750; 6 % , $48,350;
6 .3 0 % , $1,000.
26 share loans (average, $301.92 each; average rate, 5 .4 1 % ) : 5 % , $4,650; 6 % , $3,200.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$400.00
2 .5 7
Other Expenses.
$195.47
1.2 6
Total.
$595.47
3.83
BANK COMMISSIONER.
No. 8.]
R eceipts an d D isbursem ents, Y ear end ing
October 30, 1909.
835,048
30,900
8,000
8,150
3
343
Dues capital
.
Real estate loans repaid
Share loans repaid
Interest .
Premiums
.
Fines
.
Transfer fees
.
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
346
3
163
3,087
00
00
00
98
00
00
75
85
08
62
86
$86,047 14
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
Interest .
.
.
.
Temporary expense
Forfeited share account
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
.
.
$30,808
160
7,344
5,619
12
3,037
35.450
2,500
8
595
163
348
00
00
00
62
30
05
00
00
48
47
62
60
$86,047 14
13
Jan.
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
1898
1898
1899
1899
1899
1899
1900
1900
1900
1901
1901
1901
1901
1902
1902
1902
1902
1903
1903
1903
1903
1904
1904
1904
1904
1905
1905
1905
1905
1906
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
1909
28
31
32
33
34
35
36
37
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
Value
per Share. inS ForcSe.TotalValue$2,964 45
$197 63
15
903 65
180 73
5
1,051 50
175 25
6
5,095 50
169 85
30
2,468 40
164 56
15
1,274 88
159 36
8
2,312 70
154 18
15
12,524 40
149 10
84
2,781 80
139 09
20
6,176 42
134 27
46
10,098 66
129 47
78
124 78
3,743 40
30
600 60
5
120 12
115 54
3,466 20
30
9,548 58
111 03
86
639 48
106 58
6
102 22
1,124 42
11
2,447 50
97 90
25
62
5,805 68
93 64
1,610 10
89 45
18
85 30
5,373 90
63
1,380 74
81 22
17
62
77 21
4,787 02
3,442 28
73 24
47
69 32
3,050 08
44
2,094 40
32
65 45
5,301 04
61 64
86
4,631 20
57 89
80
42
54 18
2,275 56
50 53
123
6,215 19
4,082
04
46 92
87
5,548 80
43 35
128
39 83
116
4,620 28
1,708 92
36 36
47
32 95
2,207 65
67
52
1,537 64
29 57
135
3,541 05
26 23
22 94
3,418 06
149
19 69
2,500 63
127
16 48
69
1,137 12
13 31
111
1,477 41
10 18
1,689 88
166
7 08
1,961 16
277
4 02
550 74
137
162
162 00
1 00
Dues paid in advance
85 00
$151,418 11
Dues capital
Profits capital
Unpaid dues
.
$128,113 00
22,387 11
918 00
$151,418 11
D a t e o f E x a m in a t i o n , April 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
14
[Pub. Doc
A T T LE B O R O U G H C O -O P E R A T IV E B A N K , ATTLEB O R O U G H .
15 P A R K STREET.
Incorporated July 18, 1892
F r e d L . T o r r e y , President.
Began business August 17, 1892.
H a r r y E. C a r p e n t e r , Secretary.
H a r r y E. C a r p e n t e r , Treasurer.
Board of Directors: M . F . A s h l e y , S. O . B i g n e y , A . N . B r o w n e l l , H. E . C a r p e n t e r , T . S.
C a r p e n t e r , J o s e p h F e n b e r g , C. C. G r a n t , S. B . J a c o b s , D. L . L o w , D. E . M a k e p e a c e ,
G. A . M o n r o e , F . H. S a d l e r , G. H . S n e l l , W . M . S t o n e , C. E . S t r e e t e r , J o h n T h a c h e r ,
F . L. T o r r ey.
Security Committee: C. C. G r a n t , G . A . M o n r o e , W . M . S t o n e .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
.
$96,187
4,510
1,043
29
88
5,266
00
00
75
82
07
00
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Withdrawal profits
.
$107,124 64
.
M em b ersh ip.
.
.
.
.
.
.
.
.
00
23
89
19
10
42
81
$107,124 64
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$85,963
15,192
375
2,498
2,749
63
282
.
.
.
.
.
.
658
426
20
1,919
627
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
83
76
237
79
P rofits D istributed.
First term, 2 i % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
Rates an d A verages o n Loans, O ctober 30, 1909.
61 real estate loans (average, $1,576.83 each; average rate, 6 % ) : 6 % , $96,187,
18 share loans (average, $250.55 each; average rate, 6 % ) : 6 % , $4,510.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$210.00
1 .9 6
Other Expenses.
$101.87
.95
Total.
$311.87
2.91
BANK COMMISSIONER.
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
maturity of shares
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
Withdrawal profits
$22,896 00
550
31,819
3,600
6,330
78
409
4
7,647
00
67
00
14
75
63
16
52
$73,335 87
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Temporary expense .
Profits capital .
Cash on hand Oct. 30, 1909
$11,679
2,860
1,645
1,167
47,357
3,045
311
4
5,266
00
00
48
36
00
00
87
16
00
$73,335 87
15
R e co n cilia tio n o f Share A ccou n t w ith Dues
•
an d Profits Capital.
Value
Date of Issue. Series. per Share. inS Force. TotalValue$2,137 63
12 $194 33
11
Feb. 1898
14
2,566 20
13
183 30
Aug. 1898
3,278 26
172 54
19
Feb. 1899
14
4,053 00
162 12
25
Aug. 1899
15
3,495 08
23
16
Feb. 1900
151 96
13
1,846 78
142 06
Aug. 1900
17
18,076
50
135
18
Jan. 1901
133 90
994 88
8
July 1901
19
124 96
6,340 40
55
115 28
Jan. 1902
20
2,661 00
25
21
106 44
July 1902
5,669 50
58
22
Jan. 1903
97 75
2,679 90
89 33
30
July 1903
23
5,911 54
73
24
80 98
Jan. 1904
52
3,799 12
July 1904
25
73 06
5,356 24
82
Jan. 1905
65 32
26
3,868 58
67
27
57 74
July 1905
13,048 42
259
Jan. 1906
28
50 38
1,252 51
29
29
43 19
July 1906
4,275 14
118
30
36 23
Jan. 1907
2,853 74
97
July 1907
31
29 42
1,345 79
32
22 81
59
Jan. 1908
116
1,898 92
July 1908
33
16 37
10
3,444
10
341
Jan. 1909
34
10
840 00
210
35
00
July 1909
Dues paid in advance
153 00
$101,846 23
Dues capital
Profits capita]
Unpaid dues
$85,963 00
15,192 23
691 00
$101,846 23
D a t e o f E x a m in a t i o n , September 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
16
[Pub. Doc,
B A LD W I N V IL L E C O -O P E R A TIV E B A N K , B A L D W IN V IL L E .
CENTRAL STREET.
Incorporated July 16, 1889.
C. S. D i c k i n s o n , President.
Began business July 24, 1889.
C h a r l e s C. S p e a r e , Secretary.
C h a r l e s C. S p e a r e , Treasurer.
Board of Directors: G. H . A l e x a n d e r , E . L . B i s h o p , E . L . B o w k e r , R. D . C o o k , F . R. E l l i s ,
C. H . E v a n s , F . L . H a g e r , F . L . H o s m e r , L . L e l a n d , E . N . M u l l i n s , C. W . N ic h o l s ,
R . H . R e e d , C. C. S p e a r e , E . L . T h o m p s o n .
Security Committee: L. L e l a n d , E. N. M u l l in s , E. L . T h o m p s o n .
Regular meetings for receipt of moneys the fourth Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$44,425
1,385
65
640
00
00
24
42
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Fines
.
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
20
01
70
85
62
28
$46,515 66
$46,515 66
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$35,157
6,240
1,384
2,844
831
14
43
147
77
51
3
754
257
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
27
21
113
47
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d A verages o n L oans, O ctober 30, 1909.
42 real estate loans (average, $1,057.73 each; average rate, 6 % ) : 6 % , $44,425.
5 share loans (average, $277 each; average rate, 6 % ) : 6 % , $1,385.
T ota l Expenses fo r Y ear.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$100.00
2 .1 5
Other Expenses.
$93.08
2 .0 0
Total.
$193.08
4 .1 5
17
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem ents, Year ending
O ctober 30, 1909.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Cash on hand Oct. 31, 1908
$9,080 00
600
3,800
775
2,743
1
55
00
00
00
63
20
48
25
121 67
1,187 33
$18,364 56
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
$2,968
5,875
432
486
1,943
197
4,600
950
77
193
640
00
00
00
78
87
58
00
00
83
08
42
$18,364 56
Jan. 1900
July 1900
Jan. 1901
July 1901
Jan. 1902
July 1902
Jan. 1903
July 1903
Jan. 1904
July 1904
Jan. 1905
July 1905
Jan. 1906
July 1906
Jan. 1907
July 1907
1908
Jan
July 1908
Jan. 1909
July 1909
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Shares
Value
Total Value.
per Share. in Force.
11
8
$1,256 88
2,494 41
73
17
24
3,279 84
66
35
88
4,440 80
25
2,934 50
38
2,704 00
16
25
14
21
1,388 94
2,534 56
52
28
32
2,626 56
08
52
3,842 28
89
41
2,703 54
94
22
30
1,746 60
1,521 60
72
30
29
1,259 76
44
1,818 50
37
50
45
1,327 95
51
46
1,051 10
85
1,572 48
96
38
79
797 90
10
192 00
00
48
$157
146
136
126
117
108
99
90
82
73
65
58
50
43
36
29
22
16
10
4
Dues paid in advance
12 00
$41,506 20
Dues capital
Profits capital
Unpaid dues
.
$35,157 00
6,240 20
109 00
$41,506 20
D a t e o f E x a m in a t i o n , October 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
18
REPORT OF THE
[Pub. Doc.
B E R K SH IR E C O U N T Y C O -O P E R A TIV E B A N K , N O R TH A D A M S.
103 M A IN STREET.
Incorporated November 8, 1890.
C a r l t o n T . P h e l p s , President.
Began business November 19, 1890.
C h a r l e s W . F o r d , Secretary.
C h a r l e s W . F o r d , Treasurer.
Board of Directors: A. H. B a r b e r , F. M. B l a k e , W . G. C a r r o l l , A. C r a s w e l l , W . F. D a r b y ,
W . C. E l l i s , C. W . F o r d , G . A. H a s t in g s , J. L. M a l c o l m , J. M c G o w a n , W . J. P e a d , C. T .
P h e l p s , E. E. R e a d , H. C. T o w e r , C. E. W h i t n e y .
S.ecurity Committee: A l e x . C r a s w e l l , G. A . H a s t in g s , H . C. T o w e r .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Bonds and notes
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Permanent expense account
Insurance and taxes paid
Real estate income account
Cash
.
.
.
.
L iabilities.
$34,400
159,560
12,145
18,825
46,800
2,600
1,119
52
309
19,177
00
00
00
22
00
00
00
43
64
07
Dues capital
Profits capital .
Guaranty fund .
Surplus
$244,816
47,664
2,036
470
$294,988 36
$294,988 36
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
77
71
88
.
.
.
743
1,360
28
85
3,932
1,225
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
82
166
534
182
Profits D istributed.
First term, 2 i % ; second term, 2 % .
Proportion of profits retained on voluntary withdrawals, 5 % .
R ates and Averages on Loans, October 30, 1909.
144 real estate loans (average, $1,108.05 each; average rate, 6 .2 1 % ) : 6 % , $102,150; 6 .6 0 % , $57,410.
38 share loans (average, $319.60 each; average^rate, 6 % ) : 6 % , $12,145.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,325.00
4 .4 9
Other Expenses.
Total.
$410.24
$1,735.24
1.39
5.88
BANK COMMISSIONER.
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans repaid
Share loans repaid
Mortgages
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Pines
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Cash on hand Oct. 31, 1908
$48,975 00
5,500
23,270
19,043
2,306
7,300
2,570
12,956
407
235
391
1
350
17,522
6,808
00
00
00
08
00
70
24
35
48
88
39
71
75
65
$147,639 23
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Temporary expense .
Forfeited share account
Matured share account
Taxes
.
.
.
.
Cash on hand Oct. 30, 1909
$55,915
323
12,750
7,860
27
4,772
10.050
10,613
1,000
5,179
1,735
350
17,522
362
19,177
00
00
00
46
71
75
00
00
00
47
24
71
75
07
07
$147,639 23
D a t e o p E x a m in a t i o n , July 14, 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
19
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
Ä e . TotalValue$14,348 60
14 $204 98
70
May 1897
117
22,688 64
Nov 1897
15
193 92
10,624 44
16
183 18
58
May 1898
172 67
82
14,158 94
17
Nov. 1898
18
162 48
68
11,048 64
May 1899
13,273 59
19
152 57
87
Nov. 1899
6,572 94
142 89
20
46
May 1900
20,161 52
21
133 52
151
Nov. 1900
11,942 40
22
124 40
96
May 1901
23,793 00
23
115 50
206
Nov. 1901
23,936 64
24
106 86
224
May 1902
12,891 71
131
Nov. 1902
25
98 41
125
11,276 25
90 21
May 1903
26
82 23
11,923 35
27
145
Nov. 1903
10,719 36
74 44
144
28
May 1904
17,116 16
29
66 86
256
Nov. 1904
9,812 55
59 47
165
30
May 1905
52 27
219
11,447 13
Nov. 1905
31
8,141 40
32
45 23
180
May 1906
7,554 95
33
38 35
197
Nov. 1906
9,261 73
34
293
May 1907
31 61
3,826 53
Nov. 1907
35
25 01
153
199
3,693 44
May 1908
36
18 56
314
3,846 50
12 25
Nov. 1908
37
1,248 36
206
May 1909
38
6 06
Dues paid in advance
342 00
$295,650 77
Dues capital
Profits capital
Unpaid dues
.
$244,816 00
47,664 77
3,170 00
$295,650 77
20
REPORT OF THE
[Pub. Doc.
B E V E R L Y C O -O P E R A T IV E B A N K , B E V E R L Y .
155 CABOT STREET.
Incorporated August 25, 1888.
G e o r g e P . B r o w n , President.
Began business September 18, 1888.
H a r r ie L . O b e r , Secretary.
C h a r l e s F . L e e , Treasurer.
Board of Directors: G. P . B r o w n , S a m u e l C o l e , F. I. C r e s s e t , J. H . G i r d l e r , E d m u n d G i l e s ,
J. F. H i l l , C. F. L e e , C. E . O b e r , H . L. O b e r , J o h n P r in c e , G . F. S t a n d l e y , L. P . S t a n t o n ,
G . C. S t i c k n e y , E d w a r d S. W e b b e r , H . W . W o o d b e r r y .
Security Committee: G . P. B r o w n , E d m u n d G i l e s , J. H. G ir d l e r .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid fines
Permanent expense account
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$335,400
2,180
8,200
3,970
15
150
164
6,350
00
00
00
35
24
00
75
62
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Transfer fees
Withdrawal profits
Forfeited share account
Forfeiture profits
.
$356,430 96
00
05
38
95
57
1 50
45 88
124 83
80
$356,430 96
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$304,725
45,005
2,238
2,042
2,246
M em bersh ip.
.
.
.
.
2,171
1,224
4
193
7,942
1,880
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
312
217
1,164
231
Profits D istributed.
First term, 2J % ; second term, 2J-%.
Proportion of profits retained on voluntary withdrawals, 2 5% on series not over 5 years old;
after 5 years, none.
R ates an d Averages on Loans, O ctober 30, 1909.
219 real estate loans (average, $1,531.51 each; average rate, 5 .3 7 % ) : 5 % , $106,250; 5J% , $3,900;
5J% , $206.100; 6 % , $17,650; 61% , $1,000; 8|% , $500.
19 share loans (average, $114.74 each; average rate, 6 % ) : 6 % , $2,180.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
Other Expenses.
Total.
$847.87
2 .3 8
$655.22
1.8 4
$1,503.09
4 .2 2
BANK COMMISSIONER
No. 8.]
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
$89,776 00
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
Fines
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Surplus
.
Insurance and taxes .
Cash on hand Oct. 31, 1908
1,800
66,500
3,325
225
13,284
18,359
681
5
236
8
129
695
144
1,870
00
00
00
00
21
48
76
50
05
14
13
80
13
67
$197,040 87
D is b u r s e m e n t s
$41,574
122
28,978
5,885
19
10,532
90,050
2,855
4,700
1,556
32
1,503
109
2,628
144
6,350
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Surplus
.
.
.
.
Insurance and taxes .
Cash on hand Oct. 30, 1909
00
00
00
96
15
58
00
00
00
47
03
09
13
71
13
62
$197,040 87
D a t e o f E x a m in a t i o n , May 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
21
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. in Force. Total Value.
63
$12,317 76
19 $195 52
Sept. 1897
36
6,653 88
184 83
20
Mar. 1898
52
9,070 36
21
174 43
Sept. 1898
9,695 47
22
59
Mar. 1899
164 33
129
19,935 66
154 54
23
Sept. 1899
141
20,449 23
Mar. 1900
24
145 03
132
17,924 28
25
135 79
Sept. 1900
100
126 76
12,676 00
Mar. 1901
26
5,782 00
49
118 00
27
Sept. 1901
14,010 88
109 46
128
28
Mar. 1902
44
4,447 52
29
101 08
Sept. 1902
35,963 91
92 93
387
30
Mar. 1903
249
21,169 98
31
85 02
Sept. 1903
164
12,670 64
32
77 26
Mar. 1904
70
4.878 30
69 69
33
Sept. 1904
62 27
4,857 06
78
34
Mar. 1905
8,688 42
54 99
158
35
Sept. 1905
581
27,800 85
47 85
Mar. 1906
36
742
30,303 28
40 84
37
Sept. 1906
20,842 00
613
38
34 00
Mar. 1907
489
13,344 81
39
27 29
Sept. 1907
722
14,967 06
20 73
40
Mar. 1908
10,475 23
41
14 33
731
Sept. 1908
42
11,188 47
8 09 1,383
Mar. 1909
642
1,284 00
2 00
43
Sept. 1909
Dues paid in advance
312 00
$351,709 05
Dues capital
Profits capital
Unpaid dues
$304,725 00
45,005 05
1,979 00
$351,709 05
REPORT OF THE
22
[Pub. Doc,
B. F . B U T L E R C O -O P E R A T IV E B A N K , L O W E L L .
45 M E R R IM A C K STREET.
Incorporated October 30, 1901.
Began business November 1, 1901.
F i s h e r H . P e a r s o n , President. G a r d n e r W . P e a r s o n , Secretary. G a r d n e r W . P e a r s o n , Treasurer.
Board of Directors: A. A. B y a m , H . W . C l e m e n t , II. S. D u c k w o r t h , B . F. G a t e l y , J. J. H e a l e y ,
J o h n K e a r n e y , F. H . P e a r s o n , G. W . P e a r s o n , M. G . R o g e r s .
Security Committee: J o h n K
earney,
B . F. G a t e l e y , G. W . P e a r s o n .
Regular meetings for receipt of moneys the first Friday of each month.
STATEM EN T
OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Cash
.
.
.
.
$8,750
950
45
4
1,601
00
00
90
43
89
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
.
.
.
.
.
.
.
.
$11,352 22
$9,567
1,401
124
242
17
00
87
25
10
00
$11,352 22
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Forfeited during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
148
154
1
305
70
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
20
18
47
15
P rofits D istributed.
First term, 1 1 % ; second term, 1 1 % ;
term, 1 1% ; fourth term, 1 1% .
third
Proportion of profits retained on voluntary withdrawals, 25% first three years; 10% thereafter.
R ates an d Averages o n Loans, October 30, 1909.
12 real estate loans (average, $729.16 each; average rate, 5 .8 1 % ) : 5 % , $1,650; 6 % , $7,100.
3 share loans (average, $316.66 each; average rate, 6 % ): 6 % , $950.
T o ta l Expenses for Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$60.00
5.28
Other Expenses.
$16.80
1.4 8
Total.
$76.80
6 .7 6
No. 8.]
BANK COMMISSIONER
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
Dues capital
. ReCBIPTS’
_
Real estate loans repaid
.
.
Share loans repaid
.
.
.
Interest .
.
.
.
.
F i n e s ..........................................
Withdrawal profits
.
.
.
Forfeited share account
.
.
Cash on hand Oct. 31, 1908
.
$3,675 00
4,900 00
1,450 00
763 80
36 59
33 12
1 00
590 07
$11,449 58
D is b u r s e m e n t s .
Dues capital withdrawn
.
Profits capital withdrawn .
Real estate loans
.
.
Share loans
.
.
.
Temporary expense .
.
.
Forfeited share account
.
Cash on hand Oct. 30, 1909
.
.
$5,845 00
797 79
2,900 00
150 00
76 80
78 10
1,601 89
.
.
.
.
23
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
Nov.
May
Nov.
May
Nov.
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Aug.
Nov.
Feb.
May
Aug.
1901
1902
1902
1903
1903
1904
1905
1905
1906
1906
1907
1907
1908
1908
1908
1909
1909
1909
1
2
3
4
5
7
8
9
10
11
12
13
15
16
17
18
19
20
Value
Shares
per Share. in Force. Total Value.
$2,711 24
$117 88
23
109 15
5
545 75
100 59
10
1,005 90
92 25
10
922 50
84 06
12
1,008 72
68 29
3
204 87
60 69
10
606 90
14
53 30
746 20
46 03
9
414 27
38 99
29
1,130 71
32 11
2
64 22
25 38
7
117 66
18 80
18
338 40
15 57
5
77 85
12 38
56
693 28
9 23
8
73 84
6 12
244 80
40
44
3 04
133 76
$11,100 87
$11,449 58
Dues capital
Profits capital
Unpaid dues
$9,567 00
1,401 87
132 00'
$11,100 87
D a t e o p E x a m in a t i o n , April 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
24
[Pub. Doc
BOSTON C O -O P E R A T IV E B A N K , BOSTON.
53 STATE STREET.
Incorporated April 30, 1888.
G e o r g e G. S, P e r k in s , President.
Began business May 2, 1888.
G e o r g e T. B o s s o n , Secretary.
G e o r g e T. B o s s o n , Treasurer.
Board of Directors: C. A. B u t t e r w o r t h , E. W . C o x , J. J. E m e r s o n , J. W . F o s t e r , R. G r a y ,
W . L. K e l t , C. H. K e l l y , S. H. L ’ h e u r e u x , J. F . M o n a h a n , F . J. M u r p h y , C. W . W h i t i n g ,
S. S. W o o d b u r y .
Security Committee: G. T. B o s s o n , F. J. M u r p h y , S. H. L ’ h e u r e u x .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure,
Unpaid interest
Unpaid premiums
Unpaid fines
Insurance and taxes paid
Cash
Liabilities.
$601,530
40,580
27,801
22,247
2,850
4
299
15
2,133
00
00
05
86
31
00
48
00
33
Dues capita]
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$587,637
97,516
4,609
6,966
730
$697,461 03
$697,461 03
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
83
74
87
59
.
.
.
.
3,119
2,144
95
521
11,811
4,221
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct 30, 1909
.
.
.
243
212
1,326
502
Profits D istributed.
First term, 2 1 % ; second term, 21 % .
Proportion of profits retained on voluntary withdrawals, 2 5% on series not over six years old;
2 0% on series from six to seven years old; 1 5% on series from seven to eight years old, and
10 % on series over eight years old.
Rates an d A verages on Loans, O ctober 30, 1909.
268 real estate loans (average, $2,244.51 each; average rate, 5 .4 1 % ) : 5 % , $330,870; 51 % , $44,050;
51 % , $12,700; 6 % , $181,910; 6 i % , $11,800; 6 .3 0 % , $6,200; 61 % , $11,000; 6 Î % , $ 1 ,20 0;
7 % , $1,800.
234 share loans (average, $173.42 each; average rate, 5 .5 9 % ) : 5 % , $16,790; 5 1 % , $2,340;
51% , $670; 6 % , $15,470; 61 % , $3,950; 61 % , $200; 6 f % , $100; 7 % , $1,060.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,462.00
3.53
Other Expenses.
Total.
$1,407.79
$3,869.79
2 .0 2
5.5 5
BANK COMMISSIONER,
No. 8.]
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Temporary expense .
Forfeited share account
Surplus
.
.
.
.
.
Suspense account
Profits capital .
.
.
.
Cash on hand Oct. 31, 1908
$147,617 00
13,700
122,810
29,590
8,551
29,513
36,987
34
1,858
3
1,866
2,375
170
385
2,953
00
00
00
19
54
43
25
39
75
94
45
13
32
10
40
62
$398,417 51
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Fines
.
.
.
.
Profit and loss .
Suspense account
Surplus
.
.
.
.
Guaranty fund .
Cash on hand Oct. 30, 1909
.
.
!
$82,969
2,188
73,800
12,379
320
19,216
147,800
20,820
9,300
15,294
732
3,870
2,126
586
385
2,247
2,247
2,133
00
00
00
45
38
57
00
00
00
75
29
24
23
40
62
10
57
58
33
$398,417 51
D a t e o p E x a m in a t i o n , March 15, 16
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
25
R econ cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share.
Ä e . Tota,VaIueNov. 1897
20 $189 42
15
$2,841 30
21
179 11
25
May 1898
4,477 75
22
244
169 07
41,253 08
Nov. 1898
231
23
159 44
36,830 64
May 1899
Nov. 1899
24
150 09
317
47,578 53
344
48,476 48
May 1900
25
140 92
132 06
431
Nov. 1900
26
56,917 86
344
May 1901
123 36
27
42,435 84
Nov. 1901
114 86
228
28
26,188 08
29
106 59
224
May 1902
23,876 16
Nov. 1902
98 48
30
391
38,505 68
352
May 1903
31
90 57
31,880 64
32
82 77
Nov. 1903
377
31,204 29
33
75 15
438
May 1904
32,915 70
Nov. 1904
34
67 66
350
23,681 00
60 21
515
31,008 15
May 1905
35
52 89
Nov. 1905
36
657
34,748 73
37
45 77
536
24,532 72
May 1906
Nov. 1906
38
522
20,232 72
38 76
840
26,812 80
May 1907
39
31 92
21,942 25
Nov. 1907
40
25 25
869
May 1908
41
18 70
765
14,305 50
42
12 31 1,475
Nov. 1908
18,157 25
43
May 1909
6 08 1,321
8,031 68
Dues paid in advance
814 00
$689,648 83
Dues capital
Profits capital
Unpaid dues
.
$587,637 00
97,516 83
4,495 00
$689,648 83
REPORT OF THE
26
[Pub. Doc
B R A IN T R E E C O -O P E R A TIV E B A N K , SOUTH B R A IN T R E E .
30 POND STREET.
Incorporated June 24, 1889.
Began business October 15, 1889.
J a m e s T. S t e v e n s , President. C h a r l e s B. C u m m in g s , Secretary. C h a r l e s B. C u m m in g s , Treasurer.
Board of Directors: C. B. C u m m in g s , C. R. C u m m in g s , H. W . D o a n e , W . H. Foss, J o h n G a l l i v a n ,
J. R. H a t h a w a y , J. H. K i l b r it h , H. W . M a n s f i e l d , A. S. P e n n o c k , F. G. P e n n o c k :, W . A.
Ross, H. S. S n o w , J. T . S t e v e n s , A. S. T h a y e r .
Security Committee: J. H . K i l b r it h , J. T . S t e v e n s , A. S. T h a y e r .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
.
Loans on real estate .
Loans on shares
Permanent expense account
Temporary expense account
Insurance and taxes paid .
Cash
.
.
.
.
$103,450
5,795
5
251
9
5,821
00
00
00
00
00
06
Dues capital
.
.
.
Profits capital .
.
.
Guaranty fund .
.
.
Surplus
.
.
.
.
Interest .
.
.
.
Premiums
.
.
.
Fines
.
.
.
.
Withdrawal profits
Matured share account
Personal accounts
.
.
.
.
.
.
.
$115,331 06
$92,463
16,837
550
2,127
2,421
125
87
47
602
68
00
23
27
12
93
25
51
29
94
52
$115,331 06
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
282
149
4
42
1,856
676
.
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
34
23
228
86
P rofits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates and Averages on Loans, October 30, 1909.
71 real estate loans (average, $1,457.04 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $103,450.
28 share loans (average, $206.96 each; average rate, 6 .3 0 % ); 6 .3 0 % , $5,795.
T ota l Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
" Salaries.
$660.00
5 .7 2
Other Expenses.
$43.00
.37
Total.
$703.00
6.0 9
No. 8.]
BANK COMMISSIONER,
R eceipts an d D isbursem en ts, Y ear en d in g
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Personal accounts
Insurance
Cash on hand Oct. 31, 1908
$22,490 00
1,400
10,645
1,185
6,438
326
181
92
39
426
8,441
1,014
8
3,673
00
00
00
55
40
62
75
17
22
02
16
04
00
83
$56,361 76
_ D is b u r s e m e n t s .
$4,123
404
5,922
368
156
2,519
25,225
1,810
91
703
426
7,838
945
8
5,821
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest
Temporary expense .
Forfeited share account
Matured share account
Personal accounts
Insurance
Cash on hand Oct. 30, 1909
00
00
00
84
88
16
00
00
06
00
02
22
52
00
06
$56,361 76
D a t e o f E x a m in a t i o n , April 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
27
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. ISeries.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Value
per Share. in ror0ce.T°tal Value.
$191 29
20
$3,825 SO
179 94
18
3,238 92
168 92
35
5,912 20
158 22
40
6,328 80
147 83
30
4,434 90
137 75
11
1,515 25
127 96
72
9,213 12
118 46
34
4,027 64
109 23
37
4,041 51
100 27
49
4,913 23
91 57
75
6,867 75
83 13
68
5,652 84
74 93
73
5,469 89
66 97
105
7,031 85
59 24
76
4,502 24
51 74
211
10,917 14
44 46
115
5,112 90
37 39
121
4,524 19
30 52
160
4,883 20
23 85
124
2,957 40
17 38
112
1,946 56
11 10
159
1,764 90
5 00
111
555 00
Dues paid in advance
130 00
$109,767 23
Dues capital
Profits capital
Unpaid dues
.
$92,463 00
16,837 23
467 00
$109,767 23
28
REPORT OF THE
[Pub. Doc.
B R ID G E W A T E R C O -O P E R A T IV E B A N K , B R ID G E W A T E R .
25 CENTRAL SQUARE,
Incorporated May 27, 1902.
S a m u e l P. G a t e s , President.
Began business June 16, 1902.
F r a n k E. G u r n e y , Secretary.
F r a n k E. G u r n e y , Treasurer.
Board of Directors: G. J. A l c o t t , J. G . B a s s e t t , W il l ia m B a s s e t t , H . M. B l a c k s t o n e , R . J.
C a s e y , E. L. C o o k , J. H . F a i r b a n k s , S. P. G a t e s , F. E. G u r n e y , Wi P. H u t c h in s o n , W . F).
J a c k s o n , J o h n M a y o , W . S. P r o r h e t t , F. E. S w e e t , A . H . W i l l i s .
Security Committee: W
il l ia m
B a s s e t t , W . P . H u t c h in s o n , W . S. P r o r h e t t .
Regular meetings for receipt of moneys the third Monday of the month.
STATEM EN T OF CONDITION, OCTOBER 30. 1909.
Assets.
Liabilities.
Loans on real estate .
.
.
Loans on shares
.
.
.
Permanent expense account
.
Temporary expense account
.
C a s h ............................................
$45,475 00
820 00
58 27
125 60
922 50
Dues capital
.
.
.
.
Profits capital .
.
.
.
Guaranty fund .
.
.
.
Surplus
.
.
.
.
.
Interest .
.
.
.
.
F i n e s ............................................
Withdrawal profits
.
.
.
Forfeited share account
.
.
$47,401 37
00
59
34
73
67
4 2 68
22 49
7 87
$47,401 37
Shares
Issued during year
.
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$40,776
4,541
84
803
1,122
M em b ersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
162
201
1,013
220
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
15
25
153
47
P rofits D istrib u ted.
First term, 2} % ; second term, 2\ % .
Proportion of profits retained on voluntary withdrawals, 2 5 % for first five years.
R ates and Averages on Loans, O ctober 30, 1909.
39 real estate loans (average, $1,166.02 each; average rate, 6 % ) : 6 % , $45,475.
8 share loans (average, $102.50 each; average rate, 6 % ): 6 % , $820.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$216.66
4 .5 7
Other Expenses.
$59.39
1.2 5
Total.
$276.05
5.82
BANK COMMISSIONER,
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
.
Share loans repaid
.
.
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits .
.
Cash on hand Oct. 31, 1908
$12,737 00
750 00
730 00
2,582 86
95 16
37 86
3,793 19
.
.
.
.
$20,726 07
D is b u r s e m e n t s.
Dues capital withdrawn
.
Profits capital withdrawn .
Real estate loans
.
.
Share loans . .
.
.
Temporary expense .
.
Permanent expense .
.
Cash on hand Oct- 30, 1909
.
.
.
.
.
.
.
$6,891
851
11,025
750
276
10
922
00
37
00
00
05
15
50
29
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$16,431 48
156
1 $105 33
June 1902
3,200 67
33
2
96 99
Dec. 1902
1,687 58
19
88 82
3
June 1903
404 25
4
80 85
5
Dec. 1903
1,242 19
1904
5
73
07
17
June
1,047 68
16
6
65 48
Dec. 1904
1,103 52
19
58 08
June 1905
7
1.322 36
26
50 86
8
Dec. 1905
4,337 19
99
43 81
June 1906
9
4,321 98
117
10
36 94
Dec. 1906
5,411 17
179
11
June 1907
30 23
2,108 41
89
12
23 69
Dec. 1907
1,471 35
85
17 31
June 1908
13
1,074 76
97
14
11 08
Dec. 1908
280 00
56
15
5 00
June 1909
Dues paid in advance
79 00
$45,523 59
$20,726 07
Dues capital
Profits capital
Unpaid dues
$40,776 00
4,541 59
206 00
$45,523 59
D a t e o f E x a m in a t i o n , November 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
30
REPORT OF THE
[Pub. Doc.
B R O O K LIN E C O -O P E R A TIV E B A N K , B R O O K LIN E .
1 H A R V A R D STREET.
Incorporated March 13, 1895.
Began business May 2, 1895.
E m e r y B. M o o r e , Secretary.
N a t h a n i e l C o n a n t , President.
E m e r y B. M o o r e , Treasurer.
Board of Directors: A. H . B a i l e y , W . L. C a m e , C. A. D e l a n o , W . S. K e m p , M . J. O ’ H e a r n ,
W . D . P a i n e , E . A. R o b a r t , J. W . S h i e l d s , C. A. W . S p e n c e r , R . S. S w a n .
Security Committee: A. H . B a i l e y , C. A. D e l a n o , W . S. K e m p , M . J. O ’H e a r n , E . A. R
J. W . S h ie l d s .
obart,
Regular meetings for receipt of moneys the first Thursday in each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Liabilities.
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
$272,385
16,600
896
71
20,466
00
00
00
16
29
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$310,418 45
.
M em bersh ip
.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
16
00
21
08
$310,418 45
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct 30, 1909
$252,224
45,343
3,100
9,607
144
.
.
.
.
.
.
1,313
695
26
81
89
5,333
1,728
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
131
100
591
148
Profits D istributed.
First term, 2 i % ; second term, 2£% .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
Rates an d Averages on Loans, October 30, 1909.
107 real estate loans (average, $2,545.65 each; average rate, 5 .5 1 % ) : 5£% , $248,925; 6 % , $23,460.
59 share loans (average, $281.35 each; average rate, 5 .5 1 % ) : 5£% , $16,300; 6 % , $300.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$900.00
,2 .9 0
Other Expenses.
$352.71
1.14
Total. '
$1,252.71
4 .0 4
No. 8.]
31
BANK COMMISSIONER,
R eceipts and D isbursem ents, Year ending
October 30, 1909.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Surplus
.
.
.
.
Insurance
Cash on hand Oct. 31, 1908
$64,374 00
4,400 00
200
51,700
12,885
4,750
16,477
745
4
1,043
5
144
7
30
14,005
00
00
00
00
88
45
75
33
55
08
00
00
53
$170,772 57
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$27,875
152
11,508
12,984
4,177
22
3,988
4,873
70,550
7,910
4,750
263
1,252
20,466
00
00
00
00
20
26
44
47
00
00
00
40
71
29
$170,772 57
D a t e o f E x a m in a t i o n , November 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Nov.
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Value
per Share. in Force.TotalVaIue$792 04
$198 01
4
176 19
127
22,376 13
165 80
38
6,300 40
155 64
133
20,700 12
145 84
99
14,438 16
136 30
25
3,407 50
127 02
277
35,184 54
117 94
185
21,818 90
109 13
154
16,806 02
100 52
119
11,961 88
92 12
123
11,330 76
83 92
138
11,580 96
75 93
207
15,717 51
14,515 95
68 15
213
60 55
179
10,838 45
53 14
289
15,357 46
184
45 91
8,447 44
15,695 40
38 85
404
31 97
357
11,413 29
25 25
454
11,463 50
18 70
450
8,415 00
12 31
521
6,413 51
3,970 24
6 08
653
Dues paid in advance
283 00
$299,228 16
Dues capital
Profits capital
Unpaid dues
.
$252,224 00
45,343 16
1,661 00
$299,228 16
REPORT OF THE
32
[Pub. Doc
CAM BR ID G E C O -O P E R A TIV E B A N K , E A ST C A M B R ID G E .
307 CAM BRIDGE STREET.
Incorporated September 5, 1877.
F r e d A. O b e r , President.
Began business September 12, 1877.
J o h n H. P o n c e , Secretary.
J o h n H. P o n c e , Treasurer.
Board of Directors: H e n r y B e a c h , W . J. B r e t t , J. S. C o n d in h o , W . P . C o o t e r , P . H . D u n n ,
G. S. K e e l e r , J. S. K e n n e y , J. P . M cC a b e , J. P . M cC o r m ic k , H . M. M o n t a g u e .
Security Committee: G. S. K
J. S. K e n n e y , H . M . M o n t a g u e .
eeler,
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
$50,350
3,160
574
840
847
7
49
70
4
3,464
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid dues
.
.
.
.
Unpaid interest
Unpaid premiums
Unpaid fines
.
.
.
.
Permanent expense account
Personal accounts
Cash
.
.
.
.
.
00
00
00
00
46
88
49
29
00
34
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
Sundry balances
.
M em bersh ip.
Shares.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
42
23
11
66
04
$59,367 46
$59,367 46
Issued during year
.
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$48,006
10,251
490
602
9
8
.
.
.
.
203
86
5
20
907
346
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
19
11
126
49
P rofits D istributed.
First term, 2 ^ % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 33|% .
R ates an d Averages on Loans, October 30, 1909.
43 real estate loans (average, $1,170.93 each; average rate, 6 .0 8 % ) : 6 % , $37,850; 6 .3 0 % , $11,100;
6 .6 0 % , $1,400.
19 share loans (average, $166.31 each; average rate, 6 .0 0 % ) : 6 % , $3,140; 6 .6 0 % , $20.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries. Other Expenses.
$310.00
$72.14
5 .2 2
1.21
Total.
$382.14
6.43
BANK COMMISSIONER.
No. 8.]
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
.
.
.
Fines
.
.
.
.
Withdrawal profits
Personal accounts
Profits capital .
.
.
Cash on hand Oct. 31, 1908
.
.
.
.
.
$10,472
4,900
1,040
63
2,918
41
80
67
3
12
4,269
00
00
00
75
52
42
23
73
20
18
67
$23,868 70
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Permanent expense
Personal accounts
Surplus
.
.
.
.
Profits capital .
.
.
Cash on hand Oct. 30, 1909
.
.
.
.
$1,987
670
2,880
203
245
1,189
10,250
1,810
637
18
382
59
7
12
53
3,464
00
00
00
28
25
10
00
00
75
30
14
16
20
18
00
34
$23,868 70
D a t e o p E x a m in a t i o n , December 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
33
R econ cilia tion o f Share A ccou n t w ith Dues
and P rofits Capital.
Shares
Value
Date of Issue. Series.
per Share. in Force. Total Value.
Nov. 1897
$1,421 00
56 $203 00
7
57
191 76
6
Mav 1898
1,150 56
Nov. 1898
58
180 51
26
4,693 26
May 1899
59
169 71
10
1,697 10
Nov. 1899
60
159 22
53
8,438 66
May 1900
10
61
149 05
1,490 50
62
12
Nov. 1900
139 13
1,669 56
May 1901
32
63
129 52
4,144 64
Nov. 1901
64
120 17
29
3,484 93
May 1902
111 03
65
1
111 03
Nov. 1902
102 15
14
66
1,430 10
May 1903
67
93 46
49
4,579 54
32
Nov. 1903
68
85 06
2,721 92
21
May 1904
69
1,613 85
76 85
Nov. 1904
68 87
49
3,374 63
70
71
61 08
65
May 1905
3,970 20
Nov. 1905
72
53 54
48
2,569 92
May 1906
46 18
44
73
2,031 92
Nov. 1906
74
39 05
69
2,694 45
32 08
May 1907
75
23
737 84
Nov. 1907
76
25 32
50
1,266 00
18 73
1,292 37
May 1908
77
69
12 32
85
Nov. 1908
1,047 20
78
May 1909
79
6 08
103
626 24
$58,257 42
Dues capital
Profits capital
.
.
.
.
$48,006 00
10,251 42
$58,257 42
REPORT OF THE
34
[Pub. Doc.
CAM PELLO C O -O P E R A T IV E B A R K , BROCKTON.
1106 M A IN STREET.
Incorporated October 3, 1877.
Began business October 8, 1877.
E d w a r d H. K e i t h , President. W a r r e n T. C o p e l a n d , Secretary. W a r r e n T. C o p e l a n d , Treasurer.
Board of Directors: C. H . C o l e , L . T. C o p e l a n d , W . T. C o p e l a n d , T. F . C r o w e l l , H a r r y D u n b a r ,
E. B. F a n n i n g , F . R . H a y w a r d , M . E. H o l m e s , G. M. H o w a r d , E. A . K e i t h , E. H . K e i t h ,
H. L . K i n g m a n , A . B. M a r s t o n , W . T. P a c k a r d , F . W . P a r k , H. C. R i p l e y , W . H. R o l l i n s ,
F. M. W ad e .
Security Committee: F. R. H a y w a r d , M. E. H o l m e s , H. C. R i p l e y .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid premiums
Unpaid fines
.
.
.
.
Permanent expense account
Temporary expense account
Insurance and taxes paid
Real estate sales under agreement
Cash
.
.
.
.
.
$672,510
22,950
9,170
2,537
46
266
180
166
71
6,973
18,916
00
00
00
00
86
14
00
15
48
75
37
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest
.
.
.
Premiums
.
.
Fines
.
.
.
Transfer fees
.
.
Withdrawal profits
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$733,787 75
M em bersh ip.
.
.
.
00
09
00
34
17
33
56
50
67
09
$733,787 75
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force October 30, 1909
Pledged Oct. 30, 1909
$613,403
104,815
4,500
6,739
3,614
32
93
1
546
42
.
.
4,023
2,554
48
372
43
15,826
3,915
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
301
206
1,555
414
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates and Averages o n Loans, October 30, 1909.
369 real estate loans (average, $1,822.52 each; average rate, 6 .0 6 % ) ; 6 % , $546,460;
$126,050.
61 share loans (average, $376.23 each; average rate, 6 % ) : 6 % , $22,950.
6 .3 0 % ,
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,045.00
2 .7 9
Other Expenses.
Total.
$360.01
$2,405.01
.49
3 .2 8
No. 8.]
BANK COMMISSIONER,
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
$181,931 00
9,600 00
8,350
126,500
12,450
215
12,217
41,003
441
1,048
7
2,106
38
960
4,150
5,484
00
00
00
00
04
97
28
74
25
34
32
86
25
92
$406,504 97
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Permanent expense .
Forfeited share account
Taxes and insurance .
Real estate agreements
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
$72,940
846
37,542
6,192
8,426
153
9,605
2,594
213,580
19,050
2,000
9,682
901
2,405
150
960
71
448
39
18,916
00
00
00
00
73
18
28
77
00
00
00
72
44
01
00
86
48
00
13
37
$406,504 97
D a t e o p E x a m in a t i o n , November 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Real estate agreements
Cash on hand Oct. 31, 1908
35
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
April
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
Value
per Share,
$194 87
183 93
173 23
162 75
152 53
142 56
132 81
123 25
113 94
104 89
96 09
87 51
79 15
71 00
63 06
55 33
47 82
40 52
33 44
26 56
19 88
13 40
7 11
1 00
Dues paid in advance
Shares
in Force. Total VaIue'
8
$1,558 96
17
3,126 81
32
5,543 36
4,882 50
30
20
3,050 60
5,844 96
41
184
24,437 04
513
63,227 25
456
51,956 64
545
57,165 05
710
68,223 90
616
53,906 16
717
56,750 55
33,867 00
477
640
40,358 40
639
35,355 87
1,110
53,080 20
808
32,740 16
1,155
38,623 20
32,111 04
1,209
1,124
22,345 12
1,370
18,358 00
1,812
12,883 32
1,593
1,593 00
968 00
$721,957 09
Dues capital
Profits capital
Unpaid dues
.
$613,403 00
104,815 09
3,739 00
$721,957 09
36
REPORT
OF TH E
[Pub. Doc,
C A N TO N C O -O P E R A T IV E B A N K , CAN TO N .
PITC H E R ’ S BLOCK, W ASHINGTON STREET.
Incorporated January 10, 1891.
J o s e p h W . W a t t l e s , Jr., President.
Began business February 10, 1891.
J a m e s E . G r im e s , Secretary.
J a m e s E . G r im e s , Treasurer.
Board of Directors: L. A. B il l i n g s , R o b e r t B i r d , P. F. B r a d y , E . C. B r it t o n , W . S. D r a p e r ,
J o h n E v e r e t t , M. H. G a l l i g a n , P. M . L e a v i t t , G. B. L o u d , H u g h M cP h e r s o n , J. B. R o b
in s o n , L . E . S m it h , F. D . S u m n e r .
Security Committee: R o b e r t B i r d , J. B . R o b in s o n , J. W . W
attles,
Jr.
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Insurance and taxes paid .
Cash
.
.
.
.
.
8281,970
17,030
8,058
2,450
122
210
157
179
4,973
00
00
46
00
55
12
00
78
36
$315,151 27
Dues capital
.
.
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited share account
Personal accounts
Forfeiture profits
.
8252,311
49,605
3,082
2,912
4,576
235
179
2
182
58
2,000
4
00
79
00
18
71
95
34
00
84
50
00
96
$315,151 27
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em b ersh ip .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1,014
840
48
110
5,634
1,858
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
86
91
756
254
P rofits D istrib u ted.
First term, 3 i % ; second term, 3 £ % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
Rates and Averages o n Loans, October 30, 1909.
230 real estate loans (average, $1,225.95 each; average rate, 6 .2 9 % ): 6 % , $6,500; 6.3 0 % , $275,470.
33 share loans (average, $516.06 each; average rate, 6 .3 0 % ); 6.30% , $17,030.
T ota l Expenses fo r Year.
Amount paid for
Cost per 81,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$600.00
1 .9 0
Other Expenses.
$140.75
.45
Total.
$740.75
2 .3 5
No. 8.]
BANK
COM M ISSIONER,
37
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R econ cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
R eceipts.
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Personal accounts
Surplus
.
.
.
.
.
Tax and insurance account
Cash on hand Oct. 31, 1908
Date of Issue. Series.
$66,106 00
7,450 00
4,250
27,600
12,690
5,734
16,998
868
591
6
885
18
412
10,800
1,900
384
111
2,495
00
00
00
05
65
70
52
00
91
34
60
69
00
11
90
91
$159,304 38
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Value
$191
179
168
157
146
136
126
117
107
98
90
81
73
65
57
49
42
35
28
21
15
9
3
03
48
28
41
86
66
79
19
91
88
08
58
31
28
51
94
61
49
59
90
41
11
00
Shares
62
110
76
51
103
85
113
79
145
210
190
182
218
312
199
401
275
468
445
536
466
482
426
$11,843
19,742
12,789
8,027
15,126
11,616
14,327
9,258
15,646
20,764
17,115
14,847
15,981
20,367
11,444
20,025
11,717
16,609
12,722
11,738
7,181
4,391
1,278
86
80
28
91
58
10
27
01
95
80
20
56
58
36
49
94
75
32
55
40
06
02
00
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Personal accounts
Surplus
.
.
.
.
.
Tax and insurance account
Cash on hand Oct. 30, 1909
$26,197
362
15,180
3,542
73
6,821
52,500
20,970
8,914
183
740
411
17,000
900
356
177
4.973
00
00
00
90
14
77
00
00
57
04
75
35
69
00
42
39
36
$159,304 38
D a t e o p E x a m in a t i o n , January 25, 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dues paid in advance
910 00
$305,473 79
Dues capital
Profits capital
Unpaid dues
.
$252,311 00
49,605 79
3,557 00
$305,473 79
REPORT
OF T H E
[Pub. Doc
CH ICOPEE C O -O P E R A T IV E B A N K , CHICOPEE.
EXCHANGE STREET.
Incorporated June 12, 1909.
C h a r l e s C. A b b e y , President.
Began business August 3, 1909.
C h a r l e s H . L e o n a r d , Secretary.
L e w i s I. H o w a r d , Treasurer.
M a t t h e w R a w l in s o n , F. M. B e e s l e y , P. J. N e w e l l , F. M. N ic h o l s ,
P a t r i c k R o u r k e , D u f f ie l d M i l e s , J a m e s C r o m p t o n , F. L. H i n k l e y , S. E. F l e t c h e r .
Board of Directors:
Security Committee: P a t r i c k R o u r k e , D u f f ie l d M il e s , F r e d M. N i c h o l s .
Regular meetings for receipt of moneys the first Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Permanent expense account
Cash
.
.
.
.
L iabilities.
.
$92 00
2,006 14
Dues capital
Fines
$2,095 00
3J14
$2,098 14
$2,098 14
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
M em b ersh ip.
736
1
735
Added during year
Withdrawn during year
Members Oct. 30, 1909
110
1
109
Proportion of profits retained on voluntary withdrawals, 20% on series less than 5 years old; 15%
on series from 5 to 6 years old; 10% on series from 6 to 7 years old; 5 % on series from 7 to 8
years old; after 8 years, none.
T ota l Expenses fo r Year.
Salaries.
Amount paid for
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Other Expenses.
Total.
892.00
No. 8.]
BANK COMMISSIONER,
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
Fines
.
.
.
.
$2,096 00
3 14
39
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Date of Issue. Series. pJ ^ re. i n X l TotaI Value'
Aug. 1909
1
$3 00
735
$2,205 00
—
$2,099 14
$2,205 00
D is b u r s e m e n t s .
Dues capital withdrawn
Permanent expense .
Cash on hand Oct. 30, 1909
$1 00
92 00
2,006 14
$2,099 14
D a t e o p E x a m i n a t i o n , December 3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dues capital
Unpaid dues
$2,095 00
110 00
$2,205 00
REPORT OF THE
40
[Pub. Doc,
C IT IZ E N S ’ C O -O P E R A T IV E B A N K , H A V E R H IL L .
81 M E R R IM A C K STREET.
Incorporated August 22, 1887.
Began business September 12, 1887.
G e o r g e H. C a r l e t o n , President. J a m e s W . G o o d w in , Secretary. J a m e s W . G o o d w in , Treasurer.
Board of Directors: A. M. A l l e n , G. H. C a r l e t o n , J. W . G o o d w i n , W . W . S p a u l d in g , J. M.
S t o v e r , P. C. S w e t t , E . W . B. T a y l o r , O l i v e r T a y l o r .
Security Committee: J. M. S t o v e r , P. C. S w e t t .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$306,035
11,032
49
205
3,933
00
00
36
11
17
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Withdrawal profits
Forfeiture profits
Forfeited share account
Matured share account
.
.
.
.
.
.
.
.
.
.
$321,254 64
00
28
00
58
82
88
82
05
21
$321,254 64
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$260,051
43,197
1,925
5,251
401
43
5
319
10,059
M em bersh ip.
.
.
.
.
1,677
1,141
101
6,250
2,105
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
176
129
740
240
P rofits D istrib u ted.
First term, 2 4 % ; second term, 24 % .
Proportion of profits retained on voluntary withdrawals, 1 0 % ; 3 earliest series paid in full.
R ates an d Averages on Loans, October 30, 1909.
205 real estate loans (average, 81,492.85 each; average rate, 5 .5 1 % ): 5 % , $149,755; 54 % .
6 % , $154,170.
54 share loans (average, $204.29 each; average rate, 5 .8 0 % ): 5 % , $2,240; 6 % , $8,792.
2, 110;
T ota l Expenses fo r Year.
Amount paid for
■Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,891.63
5 .8 9
Other Expenses.
Total.
$169.50
$2,061.13
.53
6 .4 2
BANK COMMISSIONER
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
.
.
.
.
.
$72,895
53,363
7,625
16,078
382
320
50
10,059
65
00
00
00
57
12
04
39
21
26
$160,838 59
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Temporary expense .
Matured share account
Cash on hand Oct. 30, 1909
R econ cilia tion o f Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
.
Share loans repaid
.
.
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
.
.
Forfeited profits
.
.
.
Matured share account
.
Cash on hand Oct. 31, 1908
$36,860
15,150
4,399
5,584
73,870
9,740
2,061
9,239
3,933
00
00
63
81
00
00
13
85
17
$160,838 59
41
Oct. 1897
Apr. 1898
Oct. 1898
Apr. 1899
Oct. 1899
Apr. 1900
Oct. 1900
Apr. 1901
Oct. 1901
Apr. 1902
Oct. 1902
Apr. 1903
Oct. 1903
Apr. 1904
Oct. 1904
Apr. 1905
Oct. 1905
Apr. 1906
Oct. 1906
Apr. 1907
Oct. 1907
Apr. 1908
Oct. 1908
Apr. 1909
Oct. 1909
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Value
Shares
per Share. in Force.
$195 31
91
184 68
14
174 22
148
164 08
33
154 21
95
144 76
88
135 47
76
126 46
83
117 61
119
109 08
129
100 68
148
92 46
143
84 41
153
152
76 54
68 86
165
61 34
180
54 00
329
46 81
334
39 79
497
32 93
462
26 22
365
19 69
524
13 31
639
720
7 08
1 00
563
Dues paid in advance
Total Value.
$17,773
2,585
25,784
5,414
14,649
12,738
10,295
10,496
13,995
14,071
14,900
13,221
12,914
11,634
11,361
11,041
17,766
15,634
19,775
15,213
9,570
10,317
8,505
5,097
563
21
52
56
64
95
88
72
18
59
32
64
78
73
08
90
20
00
54
63
66
30
56
09
60
00
1,341 00
$306,664 28
Dues capital
Profits capital
Unpaid dues
.
$260,051 00
43,197 28
3,416 00
$306,664 28
D a t e o p E x a m in a t i o n , December 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
42
[Pub. Doc.
C IT Y C O -O P E R A T IV E B A N K , H O L Y O K E .
380 HIGH STREET.
Incorporated July 16, 1889.
D a n i e l P r o u l x , President.
Began business July 23, 1889.
P i e r r e B o n v o u l o ir , Secretary.
P i e r r e B o n v o u l o ir , Treasurer.
Board of Directors: S a m u e l B a i l , W . G . B e a u d r o , L. T. B e a u l ie u , L o u is B i b e a u , S. J.
B o n v o u l o ir , J. E. B r in d a m o u r , J o s e p h D e s r o c h e s , L. A. L a f r a n c e , O. E. G e n e s t ,
A. F. G in g r a s , C h a r l e s G r a n d c h a m p , H. J L a p o r t e , J o s e p h M a s s e , J. J. P r e w , H o m e r
St e b b e in .
Security Committee: L. T. B e a u l ie u , A. F. G in g r a s , D a n i e l P r o u l x .
Regular meetings for receipt of moneys the fourth Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
Liabilities.
$212,550
15,445
438
27
355
4,538
00
00
92
84
03
33
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Security committee
$197,455
28,737
1,900
1,016
3,958
61
00
17
00
69
59
62
75
180 30
45 00
$233,355 12
$233,355 12
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
Membership.
.
.
.
1,474
918
7
8
4,736
1,591
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct 30, 1909
150
77
636
210
Profits Distributed.
First term, 2J % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 2 0% on series less than 6 years old; 15%
on series 6 to 8 years old; 10% on series 8 to 10 years old; 5 % on series 10 to 12 years old;
after 12 years, none.
R ates an d Averages on Loans, O ctober 30, 1909.
180 real estate loans (average, $1,180.83 each; average rate, 5 .1 8 % ): 5 % , $136,250; 5.50% , $73,600;
6 % , $2,700.
68 share loans (average, $227.13 each; average rate, 5 .5 9 % ): 5 % , $6,325; 6 % , $9,120.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$667.59
2 .8 6
Other Expenses.
Total.
$496.24
$1,163.83
2 .1 3
4 .9 9
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem en ts, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Security committee
Cash on hand Oct. 31, 1908
$55,300 00
1,300
36,900
8,095
11,258
243
3
537
153
4,396
00
00
00
30
04
00
61
98
00
36
$118,187 29
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$26,859
91
1,168
3,002
4
437
67,950
12,965
6
1,163
4,538
00
00
00
89
69
92
00
00
63
83
33
43
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. in Fbree. Total Value.
Jan. 1898
July 1898
Jan. 1899
July 1899
Jan. 1900
July 1900
Jan. 1901
July 1901
Jan. 1902
July 1902
Jan. 1903
July 1903
Jan. 1904
July 1904
Jan. 1905
July 1905
Jan. 1906
July 1906
Jan. 1907
July 1907
Jan. 1908
July 1908
Jan. 1909
July 1909
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
$191
180
170
159
149
140
130
121
112
104
95
87
79
72
64
57
49
42
35
29
22
16
10
4
Dues paid m advance
52
67
10
84
88
22
82
73
89
27
85
72
78
02
44
04
82
78
91
21
67
29
07
00
20
2
61
57
28
83
111
50
154
109
146
107
168
123
254
177
251
276
266
237
453
364
658
581
$3,830
361
10,376
9,110
4,196
11,638
14,521
6,086
17,385
11,365
13,994
9,386
13,403
8,858
16,367
10,096
12,504
11,807
9,552
6,922
10,269
5,929
6,626
2,324
40
34
10
88
64
26
02
50
06
43
10
04
04
46
76
08
82
28
06
77
51
56
06
00
203 00
$227,116 17
$118,187 29
Dues capital
Profits capital
Unpaid dues
.
$197,455 00
28,737 17
924 00
$227,116 17
D a t e o f E x a m in a t i o n , June 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
44
[Pub. Doc.
C L IN T O N C O -O P E R A T IV E B A N K , C L IN T O N .
36 HIGH STREET.
Incorporated September 23, 1887.
C h a r l e s L . S t e v e n s , President.
Began business October 20, 1887.
W a l t e r R . D a m e , Secretary.
T h o m a s S. D a v i s , Treasurer.
Board of Directors: J. H. B o d m a n , H. I. C h e n e y , W . R. D a m e , T. S. D a v i s , D a v id D i a s , G . S.
G ib s o n , C. H . H a s t i n g s , G . A . H e i g h w a y , N. L . H o w e , W . L. H u b b a r d , E . H. J a q u i t h ,
R. F. P a t t e r s o n , J. J. P h i l b i n , A . R. S t e v e n s o n , C. L . S t e v e n s , F. F. W a l l a c e .
Security Committee: H . I. C h e n e y , G . S. G ib s o n , C. L . S t e v e n s .
Regular meetings for receipt of moneys the third Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Permanent expense account
Temporary expense account
Insurance and taxes paid
Cash
.
.
.
.
$320,225
12,055
2,537
1,277
150
104
33
8,191
00
00
29
71
00
52
20
21
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Matured share account
Security committee
.
$344,573 93
.
Membership.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
124
5
1,025
12
00
16
95
42
06
20
75
40
74
25
00
$344,573 93
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$285,179
46,563
2,397
7,748
1,447
70
.
.
.
.
1,329
1,054
26
40
78
6,269
2,054
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
138
140
782
248
P rofits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 5 0% of last dividend.
R ates an d Averages on Loans, October 30, 1909.
210 real estate loans (average, $1,524.88 each; average rate, 5 % ) : 5 % , $318,775; 6 % , $1,450.
41 share loans (average, $294.02 each; average rate, 5 % ) ; 5 % , $12,055.
Total Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$650.00
1.89
Other Expenses.
Total.
$515.74
$1,165.74
1.50
3 .3 9
45
BANK COMMISSIONER,
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Matured share account
Security committee .
Taxes
.
.
.
.
.
Cash on hand Oct. 31, 1908
2,400 00
950
43,558
15,810
115
16,532
731
3
524
4
1,025
70
58
2,649
00
00
00
00
10
80
50
53
81
25
50
26
38
D is b u r s e m e n t s .
.
00
00
00
00
22
37
80
90
00
00
43
74
00
46
21
D a t e o p E x a m in a t i o n , October 7.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct
Apr.
Oct.
Apr.
Oct.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
$195
184
174
163
154
144
135
126
117
108
100
92
84
76
68
61
53
46
39
32
26
19
13
7
1
Dues paid in advance
10
45
03
95
13
53
23
17
35
75
40
23
21
37
72
22
88
71
71
87
19
67
30
08
00
Total Value.
53
40
31
59
94
135
190
132
134
217
165
179
140
142
179
334
207
414
356
559
480
458
524
705
342
$10,340
7,378
5,394
9,673
14,488
19,511
25,693
16,654
15,724
23,598
16,566
16,509
11,789
10,844
12,300
20,447
11,153
19,337
14,136
18,374
12,571
9,008
6,969
4,991
342
00
$43,284
323
5,159
11,683
5,791
19
1,577
4,305
59,208
17,015
952
1,165
72
91
8,191
$158,839 13
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
^
$74,406 00
$158,839 13
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Security committee .
Taxes
.
.
.
.
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital
30
00
93
05
22
55
70
44
90
75
00
17
40
54
88
48
16
94
76
33
20
86
20
40
00
Is
No. 8.]
$333,887 16
Dues capital
Profits capital
Unpaid dues
.
$285,179 00
46,563 16
2,145 00
$333,887 16
REPORT OF THE
46
[Pub. Doc.
C O LU M B IA N C O -O P E R A T IV E B A N K , CAM BR ID G E.
763 MASSACHUSETTS AVENUE.
Incorporated May 6, 1892.
Began business June 6, 1892.
W il l ia m W . B a l l i n g e r , President. H e r b e r t H . D y e r , Secretary. H e r b e r t H . D y e r , Treasurer.
Board of Directors: W . E. B u r r a g e , E. L. C h e n e y , W . W . D a l l i n g e r , J. A. D o w , H. H. D y e r ,
W . F. E a r l e , S. R . L a n c a s t e r , H. L. L i n c o l n , H. B . M c I n t i r e , C. H. M o n t a g u e , I. S. P e a r ,
G eorge W aym ou th.
Security Committee: W . E. B u r r a g e , J. A. Dow, S. R. L a n c a s t e r , H. L. L in c o l n , C. H. M o n t a g u e .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Cash
.
.
.
.
L iabilities.
.
$260,457
11,080
7,704
620
55
6,231
49
00
00
31
20
54
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
.
.
.
.
.
.
.
.
$286,148 54
00
79
10
88
77
$286,148 54
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$234,795
42,698
2,191
6,395
67
M em bersh ip.
.
.
.
1,033
812
7
154
4,782
1,535
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
94
100
588
124
P rofits D istributed.
First term, 2 £ % ; second term, 2^% -
Proportion of profits retained on voluntary withdrawals, 2 5% .
R ates and A verages on Loans, O ctober 30, 1909.
103 real estate loans (average, $2,528.71 each; average rate, 5 % ) : 5 % , $260,457.49.
45 share loans (average, $246.22 each; average rate, 5 % ) ; 5 % , $11,080
T ota l Expenses fo r Year
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$975.00
3.41
Other Expenses.
Total.
$262.16
$1,237.16
.92
4.3 3
BANK COMMISSIONER.
No. 8.]
R eceipts and D isbursem en ts, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Interest .
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
1
Cash on hand Oct. 31, 1908
$59,147 00
1,449 34
00
00
00
00
05
32
84
75
1,239 09
2 16
5,312 50
8,750
45,680
2,565
300
15,011
4
307
$139,769 05
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest
Temporary expense
Cash on hand Oct. 30, 1909
$32,688
77
22,919
4,918
8
7,958
55,716
7,255
759
1,237
6,231
00
00
00
76
61
47
29
00
22
16
54
$139,769 05
47
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. inForece.TotalValue12 $194 54
Dec 1897
39
$7,587 06
19,489 16
June 1898
13
183 86
106
Nov. 1898
14
175 13
49
8,581 37
164 92
85
14,018 20
15
May 1899
154 99
90
13,949 10
Nov. 1899
16
58
8,423 34
May 1900
17
145 23
13,578 00
Nov. 1900
18
135 78
100
126 55
105
13,287 75
19
May 1901
12,111 77
Nov. 1901
117 59
103
20
21
108 77
135
14,683 95
May 1902
22
128
12,829 44
100 23
Nov. 1902
9,275 84
23
91 84
101
May 1903
186
15,566 34
Nov. 1903
24
83 69
10,452 12
25
75 74
138
May 1904
222
15,093 78
Nov. 1904
26
67 99
286
17,277 26
May 1905
27
60 41
228
12,086 28
Nov. 1905
28
53 01
294
13,468 14
29
45 81
May 1906
322
12,487 16
Nov. 1906
30
38 78
8,844 61
277
31
31 93
May 1907
9,436 02
32
374
Nov. 1907
25 23
7,723 10
413
May 1908
33
18 70
5,309 92
12 32
431
Nov. 1908
34
512
3,118 08
May 1909
35
6 09
Dues paid in advance
116 00
$278,793 79
Dues capital
Profits capital
Unpaid dues
.
$234,795 00
42,698 79
1,300 00
$278,793 79
D a t e o f E x a m in a t i o n , June 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
48
[Pub. Doc,
D A N V E R S C O -O P E R A T IV E B A N K , D A N V E R S .
15 M APLE STREET.
Incorporated August 22, 1892.
J a s p e r M a r s h , President.
Began business August 29, 1892.
H a r r y M. W i l k i n s , Secretary.
H a r r y M. W i l k i n s , Treasurer.
Board of Directors: L. S. C o u c h , H . E. J a c k s o n , F. W . M a r s h , W . C. N ic k e r s o n , J. E.
N ig h t i n g a l e , M. C. P e t t i n g e l l , A. E. P e r k in s .
Security Committee: L. S. C o u c h , J a s p e r M a r s h , F. W . M a r s h .
Regular meetings for receipt of moneys the last Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$82,860
4,287
301
14
47
300
135
41
00
00
98
55
42
00
18
50
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Premiums
.
Fines
.
.
Withdrawal profits
Bills payable
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$87,987 63
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
00
65
00
94
45
68
29
62
00
$87,987 63
.
Shares.
$74,033
9,729
150
259
1,220
30
43
20
2,500
M em b ersh ip.
698
265
46
2,110
558
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
101
49
316
74
P rofits D istributed.
First term, 2 i % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 2 5% of last dividend.
R ates an d A verages on Loans, October 30, 1909.
60 real estate loans (average, $1,381 each; average rate, 5 .4 9 % ): 5.30% , $22,760; 5.50% , $55,350;
6.30% , $4,750.
18 share loans (average, $238.16 each; average rate, 5 ^ % ): 5.50% , $4,287.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$300.00
3.41
Other Expenses.
$214.78
2 .4 4
Total.
$514.78
5.8 5
BANK COMMISSIONER
No. 8.]
R eceipts and D isbursem ents, Y ear end ing
O ctober 30, 1909.
R e c e ip t s .
$22,485 00
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Temporary expense .
Bills payable
.
.
.
.
Cash on hand Oct. 31, 1908
1,940
10,000
2,425
4,482
133
141
145
75
2,500
187
00
00
00
97
76
76
50
31
00
00
78
$44,517 08
D is b u r s e m e n t s
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn
Profits capital matured
Real estate loans
.
Share loans
.
.
.
Temporary expense .
Permanent expense .
.
Cash on hand Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$6,113
6,814
592
2,298
24,450
3,627
514
65
41
00
00
60
54
00
00
78
66
50
49
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$3,846 20
20
Aug. 1897
11 $192 31
1,092 12
12
182 02
6
Feb. 1898
172 08
688 32
13
4
Aug. 1898
2,273 60
14
162 40
14
Feb. 1899
8,867 04
152 88
58
15
Aug. 1899
15
2,156 25
143 75
16
Feb. 1900
674 50
134 90
5
17
Aug. 1900
2,274 30
18
18
126 35
Feb. 1901
1,769 25
15
19
117 95
Aug. 1901
3,839 50
35
20
109 70
Feb. 1902
3,960 06
39
21
101 54
Aug. 1902
53
4,955 50
22
93 50
Feb. 1903
4,8S9 46
57
23
85 78
Aug. 1903
2,653 70
34
78 05
24
Feb. 1904
3,168 00
45
25
70 40
Aug. 1904
3,025 44
48
26
63 03
Feb. 1905
4,246 12
76
27
55 87
Aug. 1905
5,020 22
103
28
48 74
Feb. 1906
2,629 62
41 74
63
29
Aug. 1906
6,318 71
34 91
181
30
Feb. 1907
3,386 40
120
28 22
31
Aug. 1907
5,183 91
239
32
21 69
Feb. 1908
3,199 79
209
15 31
33
Aug. 1908
3,477 64
383
9 08
34
Feb. 1909
810 00
270
3 00
35
Aug. 1909
Dues paid in advance
$44,517 08
.339 00
$84,744 65
Dues capital
Profits capital
Unpaid dues
.
$74,033 00
9,729 65
982 00
$84,744 65
D a t e o f E x a m in a t i o n , June 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
BANK COMMISSIONER
No. 8.]
R eceipts an d D isbursem ents, Year end ing
October 30, 1909.
R e c e ip t s .
Dues capital .
.
Real estate loans repaid
Share loans repaid
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
.
Cash on hand Oct. 31, 1908
.
.
.
.
.
.
.
.
.
.
.
.
$19,691 00
10,200 00
2,400 00
6,921 65
61 25
1 00
126 17
4,757 43
$43,158 50
D is b u r s e m e n t s .
Dues capital withdrawn
.
.
$8,170 00
Dues capital matured
.
.
7,776 00
Profits capital withdrawn .
.
1,535 79
Profits capital matured
.
.
3,100 48
Real estate loans
.
.
.
13,650 00
Share loans
.
.
.
.
3,650 00
Temporary expense .
.
.
568 97
T a x e s ............................................ 115 00
Cash on hand Oct. 30, 1909
.
4,592 26
$43,158 50
51
R e c o n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$2,919 15
15
19 $194 61
Jan. 1898
7,720 02
42
20
183 81
July 1898
10,396 20
60
21
173 27
Jan. 1899
9,618
77
59
22
163
03
July 1899
4,897 60
32
153 05
Jan. 1900
23
4,011
56
28
143
27
24
July 1900
2,407 32
18
25
133 74
Jan. 1901
622 30
124 46
5
July 1901
26
2,654 66
23
115 42
27
Jan. 1902
2,448
75
95
25
29
97
Jan. 1903
1,521 84
17
89 52
30
July 1903
5,121
27
29
63
31
81
Jan. 1904
4,761 25
65
32
73 25
July 1904
5,366 08
82
65 44
33
Jan. 1905
867 90
15
34
57 86
July 1905
50
3,787
50
50
75
35
Jan. 1906
4,590 86
106
43 31
36
July 1906
82
5,733
158
37
36 29
Jan. 1907
3,152 22
107
38
29 46
July 1907
172
3,926 76
22 83
39
Jan. 1908
2,653 56
162
40
16 38
July 1908
1,454 40
144
10 10
41
Jan. 1909
772 00
193
42
4 00
July 1909
Dues paid in advance
209 00
$91,614 79
Dues capital
Profits capital
Unpaid dues
.
$76,452 00
14,871 79
291 00
$91,614 79
D a t e o r E x a m in a t i o n , M arch 30.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
52
REPORT OF THE
[Pub. Doc.
D E D H A M C O -O P E R A TIV E B A N K , D E D H A M .
31 HIGH STREET, EAST DEDH AM .
Incorporated February 11, 1886.
F. F . F a v o r , President.
Began business February 16, 1886.
F . H. V a l e n t i n e , Secretary.
T. P. M u r r a y Treasurer.
Board of Directors: H. R. A l e x a n d e r , F. L. B a b c o c k , W. W . B a k e r , C. R. B r o w n , E. N. C a r t
w r i g h t , A. C. H i b b a r d , F. W . P o w e r , G. T . S t a p l e s , J. S w e e n e y , J o h n ’ W a r d l e , J r.,
C. H . W i n s h m a n , O. W . W it h in g t o n .
Security Committee: A. C. H i b b a r d , J o h n W
ardle,
Jr., O. W . W i t h in g t o n .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets
.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid premiums
Unpaid fines
Cash
$229,625
7,850
2,300
613
32
58
5,207
00
00
00
80
60
06
80
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Suspense .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$245,687 26
$202,271
36,928
1,377
5,063
47
00
53
25
13
35
$245,687 26
M em bersh ip.
.
.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
1,402
1,046
10
31
5,221
1,533
.
.
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
146
103
665
223
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
Rates and A verages on Loans, O ctober 30, 1909.
198 real estate loans (average $1,159.72 each; average rate, 6 .3 0 % ): 6 .30% , $229,625.
83 share loans (average, $94.57 each; average rate, 6 .4 1 % ): 6.30% , $5,750; 6.40% , $1,000;
6.50% , $225; 6 .60% , $200; 6.70% , $85; 7 % , $60; 7.20% , $455; 7.80% , $35; 8.60% , $25;
10.40%, $15.
T otal Expenses for Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$698.00
2 .8 4
Other Expenses.
Total.
$440.47
$1,138.47
1 .7 9
4 .6 3
BANK COMMISSIONER,
No. 8.]
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Suspense .
.
.
.
.
Cash on hand Oct. 31, 1908
$62,543 00
6,100
14,000
2,925
400
1,700
13,174
672
298
732
79
1,670
00
00
00
00
00
63
06
96
79
60
79
$104,296 83
_ D is b u r s e m e n t s
Dues capita] withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Interest .
.
.
.
Temporary expense .
Suspense .
.
.
.
Premiums
Fines
.
.
.
.
Cash on hand Oct. 30, 1909
00
00
00
47
44
83
00
00
00
27
47
25
10
1 20
5,207 80
$26,506
630
4,371
2,938
123
1,857
54,125
5,570
1,700
95
1,138
32
D a t e o f E x a m in a t i o n , November 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
CO
CO
$104,296
53
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Value
Shares rp t j Value
Date of Issue. Series. per Share. in
Force.lotal Value'
5
$989 65
May 1898
26 $197 93
52
186
25
9,685 00
Nov. 1898
27
174 91
63
11,019 33
28
May 1899
6,392 10
29
39
163 90
Nov. 1899
153 21
46
7,047 66
30
May 1900
142
7,284
31
83
51
33
Nov. 1900
32
132 75
14,204 25
107
May 1901
122
33
96
51
6,270
96
1901
Nov.
119
13,501 74
34
113 46
May 1902
114
11,882 22
104 23
35
Nov. 1902
95 27
106
10,098 62
36
May 1903
8,051 01
86 57
93
Nov. 1903
37
164
12,813 32
38
78 13
May 1904
69 93
9,510 48
39
136
Nov. 1904
15,926 29
40
61 97
257
May 1905
11,770 08
41
54 24
217
Nov. 1905
11,124 12
42
238
46 74
May 1906
20,164 06
511
43
39 46
Nov. 1906
32 39
563
18,235 57
44
May 1907
25 52
506
12,913 12
45
Nov. 1907
536
10,103 60
46
18 85
May 1908
12 38
544
6,734 72
Nov. 1908
47
703
4,288 30
48
6 10
May 1909
Dues paid in advance
308 00
$240,318 53
Dues capital
Profits capital
Unpaid dues
.
$202,271 00
36,928 53
1,119 00
$240,318 53
54
REPORT OF THE
[Pub. Doc.
DO RCH ESTER CO-OPERA.TIVE B A N K , BOSTON.
596 COLUMBIA HOAD (DORCHESTER D ISTR IC T).
Incorporated August 21, 1890.
L a b a n P r a t t , President.
Began business September 10, 1890.
P in c k n e y H o l b r o o k , Secretary.
P in c k n e y H o l b r o o k , Treasurer.
Board of Directors: C A. B u r d i t t , R . P . D e l a n o , W . S. F o x , S a m u e l G a n n e t t , H e n r y H a l l ,
I. C. H e r s e y , C. B . H u m p h r e y s , R. D . M o s s m a n , J. H . P i e r c e , F . W . P o r t e r .
Security Committee: W . S. Fox, S a m u e l G a n n e t t , R. D . M o s s m a n , J. H . P i e r c e , L a b a n P r a t t
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Temporary expense account
Insurance and taxes paid .
Cash
.
$322,510
10,790
2,775
1,795
396
293
6,332
00
00
00
68
08
11
13
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Withdrawal profits
Forfeited share account
$344,892 00
.
Membership.
.
.
.
.
.
.
.
.
00
88
83
69
48
40
33
39
$344,892 00
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$284,199
46,528
4,982
6,010
2,927
93
85
64
.
.
.
.
.
.
2,196
1,216
58
7,333
1,905
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
236
117
912
190
Profits D istributed.
First term, 2 £ % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; 20%
on series 5 to 6 years old; 15% on series 6 to 7 years old; 10% on series 7 to 8 years old;
5 % on series 8 to 9 years old; after 9 years, none.
R ates and Averages on Loans, October 30, 1909.
159 real estate loans (average, $2,028.36 each; average rate, 5 .2 5 % ): 5 % , $198,405; 5 4 % , $83,850;
6 % , $40,255.
33 share loans (average, $326.94 each; average rate, 5 .2 9 % ): 5 % , $5,675; 5.50% , $3,825; 6 % ,
$1,290.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,405.09
4 .0 7
Other Expenses.
Total.
$544.38
$1,949.47
1.58
5.65
55
BANK COMMISSIONER,
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e co n cilia tio n o f Share A cco u n t w ith Dues
and P rofits Capital.
R e c e ip t s .
Date of Issue. Series. pJ g ^ e. inPo'rce. Total Value'
880,495
31,141
3,920
3,550
16,731
520
00
00
00
00
13
30
75
526 75
217 31
4,138 81
Dues capital
Real estate loans repaid
Share loans repaid
Mortgages
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Cash on hand Oct. 31, 1908
$141,241 05
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn
Profits capital matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
.
$44,506
8,541
7,637
3,070
65,130
3.800
168
1,949
105
6,332
00
00
84
34
00
00
06
97
71
13
$141,241 05
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
$198
187
176
166
156
146
137
127
118
110
101
93
85
77
69
62
54
47
40
33
27
20
14
8
2
Suspense dues .
Dues paid in advance
39
35
77
38
74
67
106
41
100
41
127
64
115
12
77
91
177
93
97
16
126
62
174
32
104
27
182
41
215
79
254
28
288
97
224
78
343
77
526
95
466
93
806
69
739
31
08 1,161
743
00
$7,735
14,428
11,841
17,639
15,641
18,623
15,768
9,849
21,050
10,685
12,804
16,237
8,868
14,088
15,004
15,819
15,831
10,702
13,984
17,857
12,689
16,676
10,575
9,380
1,486
65
26
58
46
00
28
80
07
61
52
12
68
08
62
85
12
36
72
11
70
18
14
09
88
00
12 00
597 00
$335,877 88
Dues capital
Profits capital
Unpaid dues
.
$284,199 00
46,528 88
5,150 00
$335,877 88
D a t e o f E x a m in a t i o n , July 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
56
[Pub. Doc
EC O N O M Y C O -O P E R A T IV E B A N K , M ER R IM A C .
M E RR IM A C SQUARE.
Incorporated July 26, 1889.
R o b e r t O. P a t t e n , President.
Began business August 12, 1889.
C l if t o n B. H e a t h , Secretary.
C l if t o n B. H e a t h , Treasurer.
Board of Directors: C. I. C h u r c h il l , F. S. H a r d w i c k , C. B. H e a t h , G. G. H o y t , Z e n a s L o v e l l ,
C. W . M o r r e l l , R. O. P a t t e n , F. F. P h i l b r i c k , A. W . S a w y e r , F. C. W i l l i a m s .
Security Committee: C. I. C h u r c h il l , F. S. H a r d w i c k , C. W . M o r r e l l .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Cash
.
L iabilities.
.
$30,500
825
100
5
10
103
1,249
00
00
05
35
72
84
44
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Withdrawal profits
.
$32,794 40
00
08
82
12
66
60
86
26
$32,794 40
Shares.
Issued during year
Withdrawn during year
Retired during year
Matured during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$26,574
3,791
836
1,106
438
23
14
9
M em bersh ip.
235
90
21
8
689
190
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
53
21
149
51
Profits D istrib u ted.
First term, 2 \ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 10 % .
R ates an d Averages o n Loans, October 30, 1909.
46 real estate loans (average, 1663.04 each; average rate, 6 % ) : 6 % , $30,500.
5 share loans (average, $165 each; average rate, 6 % ) : 6 % , $825.
T ota l Expenses fo r Year.
Salaries.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200.00
6.1 0
Other Expenses.
$134.93
4.11
Total.
$334.93
10.21
No. 8.]
BANK COMMISSIONER.
R eceipts and D isbursem ents, Year en d in g
October 30, 1909.
$7,334 00
400
5,300
785
4,741
2,301
121
121
89
40
5
15
1,776
00
00
00
83
89
45
66
79
03
63
78
84
$23,033 90
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
maturity of shares
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
Withdrawal profits
.
.
Temporary expense .
Profit and loss .
.
.
.
Profits capital .
.
.
.
Cash on hand Oct. 31, 1908
$4,127
2,751
1,200
896
844
436
8,650
775
365
378
1,359
1,249
00
00
00
97
84
62
00
00
81
00
22
44
$23,033 90
57
Aug.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
1897
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
17
21
22
23
24
• 25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Shares
Value
per Share. in Force. Total Value.
$196 84
3
$590 52
16
156 16
2,498 56
732 95
146 59
5
137 28
15
2,059 20
128 19
10
1,281 90
119 33
19
2,267 27
12
110 68
1,328 16
102 24
9
920 16
94 02
9
846 18
29
86 00
2,494 00
78 17
55
4,299 35
70 53
9
634 77
22
63 07
1,387 54
55 77
22
1,226 94
32
48 66
1,557 12
41 69
1,042 25
25
34 87
39
1,359 93
28 21
45
1,269 45
21 69
23
498 87
15 32
61
934 52
9 08
93
844 44
3 00
136
408 00
Dues paid in advance
34 00
$30,516 08
Dues capital
Profits capital
Unpaid dues
.
$26,574 00
3,791 08
151 00
$30,516 08
D a t e o f E x a m in a t i o n , February 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
58
REPORT OF THE
[Pub. Doc
EN TE R P R ISE C O -O P E R A T IV E B A N K , BOSTON.
271 M E RID IA N STREET (EAST BOSTON D ISTR IC T).
Incorporated March 31, 1888.
C h a r l e s T. W i t t , President.
Began business April 3, 1888.
H o r a c e B. B u t l e r , Secretary.
H o r a c e B. B u t l e r , Treasurer.
Board of Directors: J. L. B a t e s , H. B . B u t l e r , F . E . D i m i c k , W . H. H. E m m o n s , W . E . F o s t e r ,
T. B . G r im e s , A. R. H o o p e r , T h o m a s K e l l o u g h , R. F . K e o u g h , W . T. K e o u g h , J. A. M c K i e ,
W i l l ia m M c K i e , C. A. T i l d e n , C. T. W i t t .
Security Committee: H. B . B u t l e r , J. A . M c K i e , C. T . W
it t .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages .
Real estate by foreclosure, etc.
Unpaid fines
Permanent expense account
Cash
.
.
.
.
.
$531,805
35,125
10,216
1,467
165
303
15,586
00
00
75
45
98
54
62
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Transfer fees
.
.
Withdrawal profits
Forfeited share account
Security committee
.
.
.
.
.
.
.
.
.
.
.
.
00
57
00
48
69
00
58
82
20
$594,670 34
$594,670 34
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$480,605
93,423
9,500
9,687
1,066
1
172
200
13
.
.
.
.
1,628
1,233
14
263
243
9,256
3,549
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
149
120
995
315
P rofits D istributed.
First term, 2J % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 2 5% .
R ates and Averages on Loans, October 30, 1909.
287 real estate loans (average, $1,852.97 each; average rate, 5 .3 3 % ): 5 % , $354,975; 5 i % , $4,300;
6 % , $165,080; 6.30% , $7,450.
117 share loans (average, $300.21 each; average rate, 5 .5 9 % ): 5 % , $14,400; 6 % , $20,725.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,968.00
3.31
Other Expenses.
$1,084.30
1.8 2
Total.
$3,052.30
5 .1 3
BANK COMMISSIONER
No. 8.]
59
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
R e c e ip t s .
Date of Issue. Series. J ^ a r e . i n f c e e . Total Value-
Dues capital
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Matured share account
Security committee
Cash on hand Oct. 31, 1908
$107,096 00
7,800
90,775
26,075
3,468
1,211
31,665
1,099
5
2,859
3
91
51,055
48,795
17
18,133
00
00
00
00
20
46
89
25
92
25
04
35
80
50
90
$390,152 56
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Permanent expense
Forfeited share account
Retired share account
Matured share account
Security committee .
Cash on hand Oct. 30, 1909
.
$59,535
81
37,479
35,480
11,285
3
12,872
13,114
84,005
16,350
221
905
3,052
315
51,055
48,795
14
15,586
00
00
00
00
99
25
79
11
00
00
00
25
30
40
35
80
70
62
$390,152 56
D a t e o e E x a m in a t i o n , March 31.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
$198
187
176
166
156
146
137
127
118
110
101
93
84
76
69
61
54
46
39
32
26
19
13
7
1
Dues paid in advance
57
57
95
59
54
79
23
96
94
11
52
15
95
97
18
58
17
94
88
99
27
72
33
09
00
57
236
152
238
175
248
163
242
129
292
250
299
236
404
298
463
437
567
549
733
591
533
687
688
589
$11,318
44,266
26,896
39,648
27,394
36,403
22,368
30,966
15,343
32,152
25,380
27,851
20,048
31,095
20,615
28,511
23,672
26,614
21,894
24,181
15,525
10,510
9,157
4,877
589
49
52
40
42
50
92
49
32
26
12
00
85
20
88
64
54
29
98
12
67
57
76
71
92
00
526 00
$577,811 57
Dues capital
Profits capital
Unpaid dues
.
$480,605 00
93,423 57
3,783 00
$577,811 57
REPORT OF THE
60
[Pub. Doc.
E Q U IT A B L E C O -O P E R A T IV E B A N K , L Y N N .
145 MUNROE STREET.
Incorporated October 2, 1877.
A l b io n B a r t l e t t , President.
Began business October 8, 1877.
E d w in C. L e w i s , Secretary.
E d w in C. L e w i s , Treasurer.
Board of Directors: J. E . B l a n c h a r d , C. W . B o a r d m a n , W . R . C l a r k , H . W . H o w a r d , C h a r l e s
L e ig h t o n , W . P . L e w i s , C. L. L o n g , F. L. P e r k in s , J. C. F. P h i n n e y , F. J. R i c h a r d s ,
Z. L . S e y m o u r , D. A . S u t h e r l a n d , A . B . T o l m a n .
Security Committee: W . R . C l a r k , W . P . L e w i s , C. L. L o n g .
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Permanent expense account
Temporary expense account
Cash
.
.
.
.
L iabilities.
$1,544,865
71,750
2,500
1,131
2,519
1,234
524
42,935
60
00
00
91
15
93
93
40
Dues capital
Profits capital
Guaranty fund
Surplus
Interest
Fines
Transfer fees
Forfeited share account
Suspense account
$1,667,461 92
00
42
00
30
65
68
75
12
00
$1,667,461 92
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
L,439,588
192,163
8,300
19,187
7,433
265
1
511
11
M em b ersh ip.
.
.
.
.
15,535
8,294
83
78
46,197
11,963
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
1,708
938
5,323
1,254
P rofits D istrib u ted.
First term, 2 1 % ; second term, 21 % .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d A verages on Loans, O ctober 30, 1909.
998 real estate loans (average, $1,547.96 each; average rate, 5 .2 3 % ): 5 % , $865,126.41; 5J% ,
$249,721.19; 5 * % , $215,610; 5 f % , $110,698; 6 % , $74,850; 6 1% , $17,275; 61 % , $6,685;
6 f % , $3,000; 7 % , $1,900.
579 share loans (average, $123.92 each; average rate, 5 .6 3 % ): 5 % , $12,355; 5 1 % , $11,032; 5 1 % ,
$5,047; 5 f % , $24,362; 6 % , $13,077; 61 % , $3,112; 61 % , $2,040; 7 % , $725.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$4,118.00
2.4 7
Other Expenses.
Total.
$1,471.99
$5,589.99
.88
3.3 5
61
BANK COMMISSIONER,
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Forfeited share account
Personal accounts
Cash on hand Oct. 31, 1908
$492,441 00
3,800 00
3,550
204,212
55,618
2,827
79,685
2,312
16
1,614
52
19,549
00
00
00
32
19
64
00
63
00
34
$865,678 12
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Permanent expense
Forfeited share account
Cash on hand Oct. 30, 1909
$214,975
1,389
11,539
23,729
256
4,109
483,530
71,439
3,959
194
5,589
649
1,381
42,935
00
00
00
84
07
82
49
00
23
22
99
23
83
40
$865,678 12
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share.
Oct. 1897
40 $197 69
Apr. 1898
41
186 96
42
176 49
Oct. 1898
Apr. 1899
43
166 28
44
156 32
Oct. 1899
Apr. 1900
45
146 60
46
137 12
Oct. 1900
Apr. 1901
47
127 87
Oct. 1901
48
118 84
Apr. 1902
110 03
49
101 44
Oct. 1902
50
93 06
Apr. 1903
51
52
84 88
Oct. 1903
Apr. 1904
76 90
53
69 12
54
Oct. 1904
Apr. 1905
61 53
55
Oct. 1905
54 12
56
Apr. 1906
57
46 89
Oct. 1906
58
39 84
32 96
Apr. 1907
59
Oct. 1907
60
26 25
Apr. 1908
61
19 70
62
Oct. 1908
13 31
Apr. 1909
63
7 08
64
1 00
Oct. 1909
Shares
Total Value.
in Force.
$35,584 20
180
18,322 08
98
40,416 21
229
219
36,415 32
41,893 76
268
49,111 00
335
71,028 16
518
40,790 53
319
59,776 52
503
282
31,028 46
24,244 16
239
32,477 94
349
40,487 76
477
96,355 70
1,253
115,223 04
1,667
114,199 68
1,856
133,622 28
2,469
121,445 10
2,590
124,141 44
3,116
111,965 12
3,397
107,152 50
4,082
77,795 30
3,949
57,286 24
4,304
46,543 92
6,574
6,924 00
6,924
4,209 00
Dues paid in advance
$1,638,439 42
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
.
$1,439,588 00
192,163 42
6,688 00
$1,638,439 42
D a t e o f E x a m in a t i o n , August 23, 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
62
REPORT OF THE
[Pub. Doc.
E Q U IT Y C O -O P E R A T IV E B A N K , W O R C E S T E R .
390 M A IN STREET.
Incorporated February 9, 1887.
C h a r l e s L. G a t e s . President.
Began business March 17, 1887.
G e o r g e O. B r id g e s , Secretary.
G e o r g e O. B r id g e s , Treasurer.
Board of Directors: D a v id A r m it a g e , H a r r y B a l l a r d , E. J. B a r d w e l l , A l e x a n d e r B e l i s l e ,
G. W . B r o o k s , H . E. F a y e r w e a t h e r , G. F . H a l l , G. H . H a y Ne s , J. J. H i g g in s , U r g e d
J a c q u e s , D a n i e l P a r l i n , N. G. W i l l i a m s .
Security Committee: E. J. B a r d w e l l , G. O. B r id g e s , D a n ie l P a r l i n .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Temporary expense account
Suspense .
.
.
.
.
Cash
.
.
.
.
.
L iabilities.
$787,100
31,410
3,814
307
596
4,903
00
00
08
89
55
06
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Transfer fees
.
.
Forfeited share account
Security committee
.
.
.
.
.
.
.
.
.
.
.
.
00
03
00
28
29
37
00
49
12
$828,131 58
$828,131 58
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$663,649
143,908
4,650
10,173
5,370
248
7
75
50
.
.
.
.
3,346
1,676
90
100
21
14,553
4,850
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
320
176
1,579
399
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 5 0% of last dividend.
Rates and Averages on Loans, O ctober 30, 1909.
327 real estate loans (average, $2,407.03 each; average rate, 5 .4 4 % ): 5 % , $430,250; 5&%, $11,000;
5 i% , $3,400; 6 % , $340,025; 6 $% , $2,225; 6 f % , $100; 6 f % , $100.
119 share loans (average, $263.95 each; average rate, 5 .4 4 % ); 5 % , $17,950; 5J% , $650; 6 % ,
$11,210; 6 i % , $400; 6 i % , $50; 6 f % , $100; 6 f % , $900; 7| % , $100; 7\% , $50.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,354.40
1.64
Other Expenses.
Total.
$438.14
$1,792.54
.53
2 .1 7
No. 8 /
BANK COMMISSIONER.
63
R eceipts an d D isbursem ents, Year e n d in g
O ctober 30, 1909.
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
R eceipts .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Temporary expense
Forfeited share account
Personal accounts
Security committee
Taxes and insurance paid .
Cash on hand Oct. 31, 1908
Date of Issue. Series.
11,400 00
4,200
160,125
23,930
18,378
48,622
1,361
28
1,096
41
31
1,854
300
253
7
9,959
00
00
00
22
69
84
00
50
90
80
31
00
50
00
43
$446,588 19
D isbursements .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Security committee
Suspense .
.
.
.
.
Taxes and insurance paid .
Cash on hand Oct. 30, 1909
$66,619
2,409
12,089
2,919
11,847
314
4,483
1,285
287,950
32,950
14,273
90
1,792
1,849
209
596
7
4,903
00
00
00
00
49
05
00
47
00
00
55
24
54
31
93
55
00
06
$446,588 19
D a t e o f E x a m in a t i o n , March 31, April 1, 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Value
Shares
$164,998 00
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
$189
177
166
155
145
135
125
115
106
97
88
80
72
64
56
48
41
34
27
20
14
8
2
Suspense dues
Dues paid in advance
35
87
72
90
38
26
35
79
50
47
72
25
01
01
25
74
45
37
51
85
38
10
00
15
158
414
476
340
485
369
530
360
474
373
543
326
452
363
676
732
764
993
1,294
1,474
1,453
1,489
$2,840
28,103
69,022
74,208
49,429
65,601
46,254
61,368
38,340
46,200
33,092
43,575
23,475
28,932
20,418
32,948
30,341
26,258
27,317
26,979
21,196
11,769
2,978
25
46
08
40
20
10
15
70
00
78
56
75
26
52
75
24
40
68
43
90
12
30
00
29 00
529 00
$811,210 03
Dues capital
Profits capital
Unpaid dues
$663,649 00
143,908 03
3,653 00
$811,210 03
REPORT OF THE
64
[Pub. Doc
E V E R E T T C O -O P E R A T IV E B A N K , E V E R E T T .
449 BR O A D W A Y .
Incorporated September 24, 1890.
C h a r l e s F . W a s h b u r n , President.
Began business October 14, 1890.
E r n e s t R. F a l l , Secretary.
E r n e s t R. F a l l , Treasurer.
Board of Directors: D. P . B a i l e y , M. P . H a r v e y , G. E. H u n t , J. H . L a r k i n , G. W . P l a i s t e d ,
W . J. R o c k w o o d , W . C. S im e s , J. P . S t e w a r t , P . C. W e e k s .
Security Committee: E. R. F a l l , C. B. L a d d , C. F . W a s h b u r n .
Regular meetings for receipt of moneys the third Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Permanent expense account
Temporary expense account
Taxes paid
Cash
.
.
.
.
.
$93,075
4,932
57
42
602
45
56
5,906
00
00
92
30
62
00
92
95
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Withdrawal profits
Forfeited share account
Personal accounts
.
.
.
.
.
.
.
.
00
84
61
60
55
61
50
$104,718 71
$104,718 71
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$86,197
14,752
1,588
1,952
26
96
104
.
646
430
32
12
2,099
597
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
83
45
296
74
Profits D istrib u ted.
First term, 2 i % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 15% on series less than 5 years old; 10%
on series 5 to 8 years old; after 8 years, none.
Rates an d Averages on Loans, October 30, 1909.
56 real estate loans (average, $1,662.05 each; average rate, 5 .0 4 % ): 5 % , $89,675; 6 % , $3,400.
23 share loans (average, $214.43 each; average rate, 5 .1 6 % ): 5 % , $4,122; 6 % , $810.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$300.00
2 .8 7
Other Expenses.
$473.09
4 .5 2
Total.
$773.09
7.39
65
BANK COMMISSIONER
No. 8.]
R eceipts and D isbursem en ts, Year ending
October 30, 1909.
R e co n cilia tio n o f Share A cco u n t w ith Dues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
$23,635 00
Real estate loans eliminated by
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Transfer fees
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
.
Taxes repaid
.
.
.
.
3.400
19,500
3,309
3,998
5,824
316
163
4
96
2,400
104
421
772
00
00
00
66
15
86
50
48
58
61
00
50
88
23
$63,947 45
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Profits capital withdrawn .
Profits capital forfeited
. • .
Profits capital retired
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
Temporary expense .
Permanent expense .
Adjustment of dues and profits
Taxes advanced on mortgaged
property
.
.
.
.
Surplus account
Cash on hand Oct. 30, 1909
$17,101
77
1,752
3,123
30
627
24,550
2,140
3,998
82
773
602
2,400
00
00
00
97
49
00
00
00
66
71
09
62
00
104 50
478 80
198 66
5,906 95
$63,947 45
D a t e o f E x a m in a t i o n , September 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr
Oct.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
Value
$197
186
175
165
155
146
136
127
118
109
101
92
84
76
69
61
54
46
39
32
26
19
13
7
1
Dues paid in advance
11
34
89
70
76
12
65
45
50
76
23
88
75
84
07
47
09
89
83
95
25
71
32
09
00
Total Value.
In1
21
14
27
42
17
18
21
5
57
49
85
44
40
46
94
77
136
109
116
170
85
109
177
307
233
$4,139
2,608
4,749
6,959
2,647
2,630
2,869
637
6,754
5,378
8,604
4,086
3,390
3,534
6,492
4,733
7,356
5,111
4,620
5,601
2,231
2,148
2,357
2,176
233
31
76
03
40
92
16
65
25
50
24
55
72
00
64
58
19
24
01
28
50
25
39
64
63
00
145 00
$102,196 84
Dues capital
Profits capital
Unpaid dues
.
$86,197 00
14,752 84
1,247 00
$102,196 84
66
REPORT OF THE
[Pub. Doc.
F A L L R IV E R C O -O P E R A T IV E B A N K , F A L L R IV E R .
29-33 BEDFORD STREET.
Incorporated December 1, 1888.
E r ic W . B o r d e n , President.
Began business December 12, 1888.
F r a n k E . W e s t g a t e , Secretary.
R o d o l p h u s N . A l l e n , Treasurer.
Board of Directors: J e f f e r s o n B o r d e n , Jr., S. A. B o r d e n , C. A. B r o w n , C. E. B u r y , E. J. F r e n c h ,
H . C. H a m p t o n , T h o m a s H i n d l e , A. H . H o o d , J o h n I s h e r w o o d , E. B . J e n n i n g s , G . O.
L a t h r o p , A. N . L i n c o l n , H e n r y L o r d , J. A. P e a r s o n , I. N. S m it h .
Security Committee: B . D . D a v o l , H e n r y L o r d , I. N . S m it h .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Temporary expense account
Cash
.
.
.
.
$545,750
6,300
8,900
18
220
6,212
00
00
00
62
11
77
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Forfeited share account
Personal accounts
Profit and loss .
$466,282
68,858
4,932
20,486
5,203
117
12
780
729
$567,401 50
$567,401 50
Membership.
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
.
4,528
3,186
27
.
11
52
. 14,047
. 3,192
.
.
.
.
.
00
96
44
13
30
01
00
47
19
Added during year
.
Withdrawn during year
Members Oct 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
390
257
1,513
363
Profits Distributed.
First term, 2 £ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, none.
R ates and Averages o n Loans, O ctober 30, 1909.
341 real estate loans (average, $1,600.43 each; average rate, 5 .5 0 % ): 5 i% , $545,050; 6 % , $700.
31 share loans (average, $203.22 each; average rate, 5 .6 4 % ); 5 i % , $4,500; 6 % , $1,800.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,087.09
1.9 2
Other Expenses. • Total.
$779.45
$1,866.54
1.3 7
3.2 9
BANK
No. 8.]
R eceipts an d D isbursem en ts, Year end ing
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
Interest .
Fines
.
.
.
.
.
Forfeited share account
Personal accounts
Profit and loss .
Cash on hand Oct. 31, 1908
8160,736 00
1,000 00
133,450
13,800
100
29,172
599
00
00
00
26
47
202 00
737 65
729 19
1,613 45
$342,140 02
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
»
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Personal accounts
Cash on hand Oct. 30, 1909
.
.
67
CO M M ISSION ER.
$93,656
202
1,601
7,644
9,739
7
586
2,773
203,100
13,350
8
308
1,866
200
882
6,212
00
00
00
00
85
91
63
16
00
00
51
95
54
00
70
77
$342,140 02
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Date of Issue. Series. pJ f f c e. inForce. Total Value<
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
$199
188
177
167
157
147
138
128
119
111
102
94
85
77
70
62
55
47
40
33
27
20
14
8
2
Dues paid in advance
12
22
62
32
33
59
11
86
83
02
43
06
88
90
12
53
12
89
84
96
25
70
31
08
00
50
101
63
186
104
100
205
121
181
196
126
272
268
339
221
314
356
604
771
1,131
1,144
1,467
1,584
2,276
1,867
$9,956
19,010
11,190
31,121
16,362
14,759
28,312
15,592
21,689
21,759
12,906
25,584
23,015
26,408
15,496
19,634
19,622
28,925
31,487
38,408
31,174
30,366
22,667
18,390
3,734
00
22
06
52
32
00
55
06
23
92
18
32
84
10
52
42
72
56
64
76
00
90
04
08
00
620 00
$538,194 96
Dues capital
Profits capital
Unpaid dues
.
$466,282 00
68,858 96
. 3,054 00
$538,194 96
D a t e o p E x a m in a t i o n , October 1.
\
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
68
REPORT
OF
THE
[Pub. Doc
F E D E R A L C O -O P E R A T IV E B A N K , BOSTON.
113 DEVONSHIRE STREET.
Incorporated January 29, 1890.
Began business February 6, 1890.
F r a n c is G. W a s h b u r n , President. T h o m a s J. B r o w n e , Secretary. T h o m a s J. B r o w n e , Treasurer.
Board of Directors: L. W . B l a n c h a r d , W . E. C h o a t e , J. F. C o u n t ie , P. A. C u n n in g h a m , D. FD e s m o n d , J. L. F l a n d e r s , E. F. G a l v i n , F. H. M a i n e , J. W . M c G r a t h , W . H . T u c k e r ,
P. H. T e m p l e , W i l l ia m W a r d w e l l .
Security Committee: D . F . D e s m o n d , E F. G a l v i n , F. H . M a i n e , F. G . W
ash bu rn .
Regular meetings for receipt of moneys the first Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Cash
.
.
.
.
$135,994
4,245
3,300
3,370
520
378
00
00
00
17
63
28
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$147,808 08
$129,473
16,759
1,150
391
33
00
85
00
26
97
$147,808 08
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
1,526
781
5
29
3,691
949
.
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
199
117
512
102
Profits Distributed.
First term, 2J % ; second term, 2 ^ % .
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 4 years old; 2 0%
on series from 4 to 5 years old; 15% on series from 5 to 6 years old; 10% on series from 6 to 7
years old; 5 % on series from 7 to 8 years old; after 8 years, none.
R ates an d A verages o n Loans, O ctober 30, 1909.
70 real estate loans (average, $1,942.77 each; average rate, 5 .2 9 % ): 5 % , $93,594; 51% , $11,350;
5 i% . $4,350; 6 % , $13,500; 6 1% , $4,400; 6 * % , $3,500; 6|% , $1 200; 7 % , $3,000; 7 i % ,
$900; 7-|%, $200.
42 share loans (average $101.07 each; average rate, 5 .9 7 % ); 5 % , $100; 6 % , $4,145.
T ota l Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$350.00
2 .3 7
Other Expenses.
$510.51
3 .4 5
Total.
$860.51
5 .8 2
BANK
No. 8.]
CO M M ISSION ER.
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
maturity of shares
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Withdrawal profits
Forfeited share account
Surplus
.
.
.
.
Profit capital
Cash on hand Oct. 31, 1908
$44,036 00
1,200 00
22,195
3,770
3,404
7,059
228
334
33
2
19
10,064
00
00
47
22
89
15
97
00
57
23
$92,347 50
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense
Forfeited share account
Surplus
.
.
.
.
Profit and loss .
Cash on hand Oct. 30, 1909
$22,956
235
4,350
2,288
25
1,482
55,117
4,080
357
860
2
105
108
378
00
00
00
35
65
84
00
00
97
51
00
79
11
28
$92,347 50
69
R e co n cilia tio n o f Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
Feb.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1905
1906
1906
1907
1907
1908
1908
1909
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
S e e . Total VaIue$200
190
180
170
160
151
141
132
123
115
106
98
90
82
74
67
63
59
52
45
38
31
25
18
12
6
Dues paid in advance
57
12
06
14
50
00
76
70
88
29
85
58
48
70
89
34
61
94
68
58
61
80
16
66
31
08
5
5
24
36
4
41
27
15
15
42
58
30
34
47
134
142
324
104
174
148
166
226
205
314
664
707
$1,002
950
4,321
6,125
642
6,191
3,827
1,990
1,858
4,842
6,197
2,957
3,076
3,886
10,035
9,562
20,609
6,233
9,166
6,745
6,409
7,186
5,157
5,859
8,173
4,298
85
60
44
04
00
00
52
50
20
18
30
40
32
90
26
28
64
76
32
84
26
80
80
24
84
56
124 00
$147,431 85
Dues capital
Profits capital
Unpaid dues
.
$129,473 00
16,759 85
1,199 00
$147,431 85
D a t e o p E x a m in a t i o n , February 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
70
REPORT
OF T H E
[Pub. Doc.
F ID E L IT Y C O -O P E R A T IV E B A N K , F IT C H B U R G .
352 M A IN STREET.
Incorporated April 25, 1888.
H e n r y G. M o r s e , President.
Began business May 8, 1888.
W . G. H a y e s , Secretary.
W . G. H a y e s , Treasurer.
Board of Directors: G. B . B a r t l e t t , J. H . D a n i e l s , F . H . F o s s , E u g e n e F o r e s t , 8. L. G r a v e s ,
W . G. H a y e s , H . O. I r v i n g , W . C. J o h n s o n , J. E. K e l l o g g , D . H . M e r r i a m , S. W . M i l l e r ,
H . G. M o r s e , W . E . P u t n e y , H . F . R o c k w e l l , R . E . T h o m s o n , A . L. W a l k e r , A u g u s t u s
W e l l in g t o n .
Security Committee: F. H . Foss, H . G . M o r s e , A u g u s t u s W
I
e l l in g t o n .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Permanent expense account
Temporary expense account
Insurance and taxes paid
Cash
.
.
.
.
$982,320
61,132
7,048
525
509
235
1,402
00
00
65
00
80
74
46
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Withdrawal profits
Forfeited share account
Forfeiture profits
Personal account
Profit and loss .
$1,053,173 65
$864,032 00
176,990 68
6,110 00
2,090
284
364
132
326
00
14
63
89
20
30
49 28
2,793 53
$1,053,173 65
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
Membership.
.
.
.
.
3,160
2,462
42
132
903
16,046
6,481
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
300
332
1,706
673
Profits Distributed.
First term, 2J % ; second term, 2 | % .
Proportion of profits retained on voluntary withdrawals, 10% .
R ates an d Averages on Loans, O ctober 30, 1909.
578 real estate loans (average, $1,699.51 each; average rate, 5 .0 6 % ); 5 % , $922,520; 6 % , $59,800.
229 share loans (average, $266.95 each; average rate, 5 .1 1 % ); 5 % , $54,594; 6 % , $6,538.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,975.00
2 .8 2
Other Expenses.
Total.
$966.21
$3,941.21
.92
3 .7 4
BANK
No. 8.]
R eceipts an d D isbursem ents, Year en d in g
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Taxes and insurance .
Cash on hand Oct. 31, 1908
$188,836 00
3,300 00
10,840
187,490
86,565
3,714
53,526
1,549
1
903
19
238
1,037
268
16,160
00
00
00
68
57
82
25
40
32
65
50
20
31
$554,450 70
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
■Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Forfeited share account
Matured share account
Taxes and insurance .
Cash on hand Oct. 30, 1909
‘
$72,744
1,247
19,119
132,902
9,033
192
7,013
48,083
191,700
59,841
3,375
2,492
3,941
4
1,037
320
1,402
00
00
00
00
06
59
16
25
00
00
95
90
21
88
50
74
46
$554,450 70
D a t e o f E x a m in a t i o n , May 17, 18, 19, 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
71
CO M M ISSION ER.
R e co n cilia tio n o f Share A cco u n t w ith D ues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
20 $198 97
Sept. 1897
21
Mar. 1898
188 06
22
177 50
Sept. 1898
Mar. 1899
23
167 23
24
Sept. 1899
157 23
Mar. 1900
25
147 50
26
138 03
Sept. 1900
Mar. 1901
27
128 77
28
119 76
Sept. 1901
Mar. 1902
29
110 97
102 39
30
Sept. 1902
94 01
Mar. 1903
31
32
85 84
Sept. 1903
Mar. 1904
33
77 87
34
70 11
Sept. 1904
62 54
Mar. 1905
35
36
55 13
Sept. 1905
47 92
Mar. 1906
37
38
40 86
Sept. 1906
34 00
Mar. 1907
39
40
27 29
Sept. 1907
Mar. 1908
41
20 73
42
14 33
Sept. 1908
Mar. 1909
43
8 09
2 00
Sept. 1909
44
Shares
Total Value.
in Force.
$53,721 90
270
382
71,838 92
48,812 50
275
132,947 85
795
49,527 45
315
68,292 50
463
56,730 33
411
36,699 45
285
39,041 76
326
523
58,037 31
23,447 31
229
48,603 17
517
26,009 52
303
431
33,561 97
26,852 13
383
31,332 54
501
31,313 84
568
41,930 00
875
42,208 38
1,033
52,870 00
1,555
22,978 18
842
882
18,283 86
18,342 40
1,280
10,913 41
1,349
2,506 00
1,253
1,752 00
Dues paid in advance
$1,048,554 68
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
.
.
$864,032 00
176,990 68
7,532 00
$1,048,554 68
72
REPORT
OF T H E
[Pub. Doc.
F IT C H B U R G C O -O P E R A T IV E B A N K , F IT C H B U R G .
129 M A IN STREET.
Incorporated October 27, 1877.
W i l b u r B . T e n n e y , President.
Began business November 8, 1877.
W a r n e r M. A l l e n , Secretary.
W a r n e r M. A l l e n , Treasurer.
Board of Directors: E b e n B a i l e y , E . W . B a k e r , M. A . C o o l id g e , D . M. D i l l o n , M. D o n l o n ,
F. L. D r u r y , A . B . H a s k e l l , W . W . H e n r y , J. L . J o h n s o n , J. D . L it t l e h a l l , D a v id L o w e ,
O. M. L o w e , A l e x a n d e r T h o m s o n , G. V. U p t o n , N a t h a n i e l V a r n e y .
Security Committee: D . M. D i l l o n , O. M. L o w e , N a t h a n i e l V a r n e y .
Regular meetings for receipt of moneys the third Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid dues
Unpaid interest
Personal accounts
Insurance and taxes paid .
Cash
.
.
.
.
L iabilities.
$1,328,650
56,210
9,525
9,678
12,007
12,068
429
243
1,346
00
00
00
90
00
19
74
05
70
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
Matured share account
Advance dues
$1,430,158 58
$1,139,520 00
229,578 49
11,000 00
10,581
1,762
34,181
3,535
02
90
17
00
$1,430,158 58
•Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
5,151
3,320
273
150
863
21,549
9,241
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers, Oct. 30, 1909
551
474
2,581
1,141
P rofits D istrib u ted.
First term, 2 J % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 10% .
R ates and Averages on Loans, O ctober 30, 1909.
953 real estate loans (average, $1,394.17 each; average rate, 5 .4 5 % ); 5 % , $724,650; 6 % , $604,000.
192 share loans (average, $292.76 each; average rate, 5 .5 9 % ): 5 % , $22,930; 6 % , $33,280.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
52,349.99
1.64
Other Expenses.
1,289.68
1.60
Total.
1,639.67
3 .2 4
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series. pJ g ^ re.
R e c e ip t s .
$275,738 00
Dues capital
.
.
.
.
Real estate loans eliminated by
14,950 00
foreclosure
.
.
.
.
Real estate loans eliminated by
4,950 00
maturity of shares .
254,100 00
Real estate loans repaid
68,710 00
Share loans repaid
3,150 00
Mortgages
.
18,244 99
Real estate by foreclosure .
76,230
49
Interest .
2,459 56
Fines
.
50
Transfer fees
.
1,063 23
Withdrawal profits
52
25
Forfeited profits
418 83
Temporary expense .
1,604 86
Forfeited share account
114,247 22
Matured share account
2,208 49
Personal accounts
569 42
Insurance and taxes .
226 24
Profit and loss .
.
.
.
3,566 20
Cash on hand Oct. 31, 1908
$842,490 28
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Personal accounts
Surplus
.
.
. . .
Insurance and taxes paid
Profit and loss .
Cash on hand, Oct. 30, 1909
$102,820
8,337
22,150
128,218
10,812
555
7,793
44,863
347,250
56,590
20,071
3,452
5,058
382
80,066
2,124
14
532
51
1,346
00
00
00
00
38
48
14
56
00
00
33
89
50
16
05
88
50
20
51
70
$842,490 28
D a t e o f E x a m in a t i o n , October 14, 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
73
CO M M ISSION ER.
$196
185
174
164
154
145
135
126
117
108
100
91
83
75
68
60
53
45
38
32
25
18
12
6
09
29
84
68
78
10
66
46
44
75
20
87
75
79
05
52
14
95
91
03
31
74
34
09
Total Value.
539 $105,692 51
75,042 45
405
98,784 60
565
472
77,728 96
84,664 66
547
354
51,365 40
60,504 36
446
63,482 92
502
519
60,951 36
54,918 75
505
62,124 00
620
652
59,899 24
60,300 00
720
462
35,014 98
50,969 45
749
953
57,675 56
1,098
58,347 72
1,014
46,593 30
1,203
46,808 73
49,262 14
1,538
34,750 63
1,373
1,804
33,806 96
2,072
25,568 48
14,841 33
2,437
$1,369,098 49
Dues capital
Profits capital
.
51,139,520 00
229,578 49
$1,369,098 49
74
REPORT
OF T H E
[Pub. Doc,
F O XB O R O U G H C O -O P E R A T IV E B A R K , FO XB O R O U G H .
CENTRAL STREET.
Incorporated February 25, 1889.
F. A. P e t t e e , President.
Began business March 19, 1889.
F. S. L a n e , Secretary.
F. S. L a n e , Treasurer.
Board of Directors: F o r r e s t B a s s e t t , C. W . B e m is , B. P. C r o c k e r , D. H . F a i r b a n k , P. J.
H a i g i s , A . J. H a r t s h o r n , C. H . H a r t s h o r n , T . F . M a g u i r e , H . E. N e w t o n , T h o m a s T i e r n e y .
Security Committee: F o r r e s t B a s s e t t , A. J. H a r t s h o r n , C. H . H a r t s h o r n , H . E. N e w t o n .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATE M E N T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Temporary expense account
Insurance and taxes paid
Interest on retired shares .
Cash
.
.
.
.
.
$235,400
6,500
9,280
2,001
225
35
45
1,851
00
00
00
66
39
48
76
71
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Retired share account
.
$255,340 00
.
.
.
.
.
.
.
.
.
00
Membership.
.
.
.
.
00
88
00
18
42
75
64
50
63
$255,340 00
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$199,406
40,590
1,752
8,728
1,657
69
87
1
46
3,000
.
.
.
.
.
846
413
36
209
4,364
1,409
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
66
41
612
224
Profits Distributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d A verages on Loans, O ctober 30, 1909.
202 real estate loans (average, $1,165.34 each; average rate, 6 .3 3 % ): 6.30% , $214,900; 6.60% ,
$20,500.
22 share loans (average, $295.45 each; average rate, 6 .3 0 % ): 6.30% , $6,500.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,048.71
4.11
Other Expenses.
$346.03
1.36
Total.
$1,394.74
5.47
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Profit and loss
Taxes and insurance .
Cash on hand Oct. 31, 1908
75
COM M ISSIONER,
$51,477 00
4,400 00
4,500
37,600
6,420
20
2,450
14,949
847
660
4
668
7
41
4,000
00
00
00
00
00
86
00
06
50
05
bb
18
00
10
178 50
531 88
$128,755 69
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series. J ^ a r e . in Foree. Total Value’
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
$189
177
166
155
145
135
125
115
106
97
88
80
71
63
56
48
41
34
27
20
14
8
2
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Retired share account
Matured share account
Taxes and insurance .
Cash on hand Oct. 30, 1909
$16,432
118
28,810
2,676
6
12,898
51,425
3,235
500
4,451
88
1,394
41
1,000
3,552
273
1,851
00
00
00
66
46
59
00
00
00
66
26
74
18
00
66
77
71
$128,755 69
D a t e o f E x a m in a t i o n , October 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dues paid in advance
60
96
71
82
28
07
15
56
29
28
57
13
93
97
24
74
46
39
52
85
38
10
00
50
44
70
90
73
105
73
204
120
141
102
151
223
156
161
193
308
268
353
308
396
519
256
$9,480
7,830
11,669
14,023
10,605
14,182
9,135
23,574
12,754
13,716
9,034
12,099
16,040
9,979
9,054
9,406
12,769
9,216
9,714
6,421
5,694
4,203
512
00
24
70
80
44
35
95
24
80
48
14
63
39
32
64
82
68
52
56
80
48
90
00
479 00
$241,599 88
Dues capital
Profits capital
Unpaid dues
.
$199,406 00
40,590 88
1,603 00
$241,599 88
76
REPORT
OF T H E
[Pub. Doc.
G A R D N E R C O -O P E R A T IV E B A N K , G A R D N ER .
1 PLEASANT STREET.
Incorporated January 14, 1889.
Began business March 12, 1889.
Louis'A. G r e e n w o o d , President.
H a r r is o n G r e e n w o o d , Treasurer.
H a r r is o n G r e e n w o o d , Secretary.
Board of Directors: E . F. B a k e r , H . E . B a l l , H o s e a C a r t e r , L . A . G r e e n w o o d , J. H . H a g e r ,
J. P. K e l l y , G e o r g e K e n d a l l , G. R . L o w e , J. W . M cV i n e , G. E . O ’ H e a r n , E z r a O s g o o d ,
H . G. P o l l a r d , H . H . S m i t h , C. H . S t o c k w e l l , L . A . W r ig h t .
Securityr
Slommittee: H o s e a C a r t e r , J r., J. H . H a g e r , H . G. P o l l a r d .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$279,663
10,450
5,953
1,271
25
93
184
9,555
08
00
48
97
60
18
37
31
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Withdrawal profits
Forfeited share account
.
$307,196 99
00
81
73
85
43
40
47
42
88
$307,196 99
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$252,211
46,158
1,637
3,999
2,921
58
73
115
20
Membership.
.
.
.
1,632
992
94
6,278
1,653
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
147
93
838
230
Profits Distributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 10% .
Rates an d Averages o n Loans, October 30, 1909.
210 real estate loans (average, $1,331.72 each; average rate, 6 .1 2 % ): 6.12% , $278,463.08; 6.24% ,
$600; 6.48% , $600.
39 share loans (average, $267.94 each; average rate, 6 .1 2 % ): 6.12% , $10,450.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$718.50
2 .3 4
Other Expenses.
Total.
$450.78
$1,169.28
1.4 7
3.81
BANK
No. 8.]
CO M M ISSION ER
R eceipts an d D isbursem ents, Year en d in g
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Interest .
.
.
.
.
Premiums
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Profits capital .
.
.
.
Cash on hand Oct. 31, 1908
$71,461 00
2,150
72,275
2,595
334
16,926
329
413
2
465
10
8,680
00
00
00
00
60
60
14
00
22
00
88
$175,642 44
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
Mortgages
.
.
.
Interest .
.
.
.
Temporary expense .
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
.
.
.
.
$35,798
13,515
4,719
5,334
98,275
6,510
260
495
1,169
10
9,555
00
00
28
00
00
00
90
67
28
00
31
77
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share. in Force.TotalValue$14,980 36
76
Mar. 1898
19 $197 11
3,157 41
20
185 73
17
Sept. 1898
9,781 52
56
21
174 67
Mar. 1899
7,869 60
48
22
163 95
Sept. 1899
8,905 90
58
153 55
Mar. 1900
23
12,188 15
143 39
85
24
Sept. 1900
23,631 27
177
133 51
Mar. 1901
25
92
11,398 80
123 90
26
Sept. 1901
16,037 00
114 55
140
Mar. 1902
27
10,970 96
104
28
105 49
Sept. 1902
15,368 94
159
96 66
Mar. 1903
29
11,539 79
131
88 09
30
Sept. 1903
20,819 97
261
79 77
31
Mar. 1904
12,398 91
32
173
71 67
Sept. 1904
14,678 60
230
63 82
Mar. 1905
33
16,449 02
293
34
56 14
Sept. 1905
15,434 73
317
48 69
Mar. 1906
35
18,238 00
440
41 45
36
Sept. 1906
19,395 96
564
34 39
37
Mar. 1907
10,320 00
38
375
27 52
Sept. 1907
11,384 10
546
20 85
Mar. 1908
39
8,110 32
564
14 38
40
Sept. 1908
5,467 50
675
41
8 10
Mar. 1909
1,394 00
42
2 00
697
Sept. 1909
Dues paid in advance
423 00
$300,343 81
$175,642 44
Dues capital
Profits capital
Unpaid dues
.
$252,211 00
46,158 81
1,974 00
$300,343 81
D a t e o f E x a m in a t i o n , October 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
78
REPORT
OF T H E
[Pub. Doc.
G E R M A N IA C O -O P E R A T IV E B A N K , BOSTON.
1117 COLUMBUS AVENUE.
Incorporated October 3, 18S5.
H e n r y W e s s l in g , President.
Began business October 20, 1885.
J oijn G . K a r l e , Secretary.
M a r t i n H a s e n f u s s , Treasurer.
Board of Directors: V a l e n t in e B a i e r , C. D i r k s m e i e r , J o h n F e i n , J. P. G e is h e c k e r , T h o m a s
G e r h a r d , B. S. H a g e l s t e i n , J. C. H a g e l s t e i n , M a r t i n H a s e n f u s s , F. J. H o l d e r e i d ,
H e n r y K a r l e , J. G. K a r l e , T o b ia s K l u b e e r , J o s e p h K r a n e f u s s , J. J. K o r m a n , A d a m
L o r e n z , M a x M e l l e , H e r m a n O b e r m a r k , N ic o l a s S c h a a f , F r a n c is S c h w e n d e m a n n , J o h n
S e r b e i l i c h , J. J. S t e p h a n , J. F. W a g n e r , H e n r y W e s s l i n g , G e o r g e W i r t h .
Security Committee: J. P. G e is h e c k e r , N . A . S c h a a f , J. J. S t e p h a n .
Regular meetings for receipt of moneys the Wednesday after third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Temporary expense account
Insurance and taxes paid .
Cash
.
Liabilities.
$388,875
10,850
256
40
3,740
00
00
08
00
75
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Withdrawal profits
Forfeited share account
Suspense account
$403,761 83
00
16
15
34
66
23
78
20
31
$403,761 83
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$336,976
49,961
6,754
6,953
1,938
81
142
934
20
M em bersh ip.
.
.
.
1,724
1,250
44
35
118
8,164
2,205
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
204
166
1,020
230
Profits Distributed.
First term, 2 i % ; second term, 2 \%.
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 8 years old.
R ates and Averages o n Loans, October 30, 1909.
196 real estate loans (average, $1,984.05 each; average rate, 5 % ) : 5 % , $387,075; 5 4 % , $1,800.
34 share loans (average, $319.11 each; average rate, 5 .1 9 % ): 5 % , $6,800; 5J% , $4,050.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,609.46
3 .9 9
Other Expenses.
$800.04
1.98
Total.
$2,409.50
5 .9 7
BANK
No. 8.]
COM M ISSIONER,
79
R eceipts an d D isbursem ents, Year ending
O ctober 30, 1909.
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
R eceipts .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real .estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Insurance
Cash on hand Oct. 31, 1908
Date of Issue. Series.
$91,355 00
10,600
35,800
9,400
18,899
675
1
707
59
1,381
37
5,487
00
00
00
11
98
25
43
17
27
50
99
$174,404 70
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital,retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Insurance
.
.
.
.
Cash on hand Oct. 30, 1909
$38,915
1,698
3,750
17,842
5,106
236
1,215
5,742
84,800
8,300
111
2,409
492
44
3,740
00
00
00
00
40
79
75
59
00
00
58
50
34
00
75
$174,404 70
Apr. 1897
Oct. 1897
Apr. 1898
Oct. 1898
Apr. 1899
Oct. 1899
Apr. 1900
Oct. 1900
Apr. 1901
Oct. 1901
Apr. 1902
Oct. 1902
Apr. 1903
Oct. 1903
Apr 1904
Oct. 1904
Apr. 1905
Oct. 1905
Apr. 1906
Oct. 1906
Apr. 1907
Oct. 1907
Apr. 1908
Oct. 1908
Apr. 1909
Oct. 1909
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Value
per Share. in Force.TotaI Value$4,792 08
24
67
9,090 72
39
48
42
11,303 46
63
25,111 16
67
148
62
9,928 06
13
16,142 02
86
107
17,864 28
78
126
94
13,958 70
105
8,451 72
29
68
16,791 00
80
145
23,645 60
48
220
34
19,569 98
197
14,886 79
33
163
48
239
19,951 72
9,854 00
80
130
20,204 96
26
296
304
18,510 56
89
18,026 40
65
336
460
21,417 60
56
19,250 46
61
486
23,262 29
81
709
14,858 88
16
568
18,146 18
66
923
30
10,839 50
815
5,756 04
813
08
609 00
1 00
609
$199
189
179
169
160
150
141
132
124
115
107
99
91
83
75
68
60
53
46
39
32
26
19
13
7
Dues paid in advance
253 00
$392,476 16
Dues capital
Profits capital
Unpaid dues
$336,976 00
49,961 16
5,539 00
$392,476 16
D a t e o f E x a m in a t i o n , April 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
80
REPORT
OF T H E
[Pub. Doc
GLO U C ESTER C O -O P E R A T IV E B A N K , G L O U C ESTER .
1911 M A IN STREET.
Incorporated March 2, 1887.
A s a G. A n d r e w s , President.
Began business April 14, 1887.
E v e r e t t L a n e , Secretary.
E v e r e t t L a n e , Treasurer.
Board of Directors: A . G. A n d r e w s , W . G. B r o w n , S a m u e l C u r t i s , M . F . F o l e y , A . H . F r e n c h ,
S. F . H a s k e l l , E d w a r d H o d g k in s , E v e r e t t L a n e , F r e d e r ic k L a n e , F . W . L o t h r o p ,
L . D. L o t h r o p , D. O. M a r s h a l l , A . H . M c K e n z i e , G. E . M e r c h a n t , E . O. P a r s o n s , A . E .
P r e s s o n , F r a n c is P r o c t o r , H . A . S w e t t , D. H . W a l l a c e .
Security Committee:
S a m u e l C u r t i s , M. F . F o l e y , F r e d e r ic k L a n e , F . W . L o t h r o p , L. D.
L othrop.
Regular meetings for receipt of moneys the second Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Temporary expense account
Insurance and taxes paid
Cash
.
.
.
.
.
$403,450
23,650
3,700
938
3,327
163
320
120
182
99
48,593
00
00
00
45
72
45
50
00
67
94
99
$484,546 72
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Security committee
Forfeiture profits
Suspense account
$389,128
86,558
3,070
1,968
3,405
163
180
34
17
7
12
00
83
31
35
05
05
89
75
39
65
00
45
00
$484,546 72
Membership.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
1,114
160
5
244
7,671
2,480
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
218
99
1,367
414
Profits Distributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates an d A verages on Loans, October 30, 1909.
422 real estate loans (average, $956.04 each; average rate, 6 .3 0 % ): 6.30% , $400,900; 6.60% , $1,350;
6.90% , $1,200.
121 share loans (average, $195.45 each; average rate, 6 .4 7 % ); 6.3 0 % , $16,550; 6.60% , $2,250;
6.90% , $3,400; 7 .20% , $1,450.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,492.10
3.08
Other Expenses.
Total.
$976.32
$2,468.42
2.01
5.0 9
BANK
No. 8.]
R eceipts and D isbursem en ts, Year en d in g
O ctober 30, 1909.
$86,979 00
23,350
21,600
8,950
2,907
25,533
1,287
1,048
20
173
12
10
27
70
00
00
00
63
74
21
03
25
50
45
00
00
90
00
1 00
246 01
150 00
10,269 72
$182,636 44
D is b u r s e m e n t s .
Dues capital withdrawn
.
Due capital forfeited .
.
.
Dues capital matured
.
Profits capital withdrawn .
Profits capital forfeited
.
Profits capital matured
.
Real estate loans
.
.
Share loans
.
.
.
.
Real estate by foreclosure, etc.
Interest .
.
.
.
.
Temporary expense
.
.
Permanent expense
.
.
Taxes
.
.
.
.
.
Cash on hand, Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
$5,506 00
10 00
34,404 00
695 77
1 90
14,614 64
62,800 00
11,850 00
883 45
483 12
2,275 97
192 45
325 15
48,593 99
$182,636 44
D a t e o f E x a m in a t i o n , May 10, 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n of Share A cco u n t w ith Dues
and Profits Capital.
Date of Issue. Series. pJ a£
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares ..
Real estate loans repaid
Share loans repaid
Real estate by foreclosure, etc.
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Suspense account
Forfeited share account
Taxes
,
.
.
.
Security committee
Profit and loss .
.
.
.
Taxes repaid
.
.
.
.
Guaranty fund .
.
.
.
Cash on hand Oct. 31, 1908
81
CO M M ISSION ER.
Apr. 1898
Oct. 1898
Apr. 1899
Oct. 1899
Apr. 1900
Oct. 1900
Apr. 1901
Oct. 1901
Apr. 1902
Oct. 1902
Apr. 1903
Oct. 1903
Apr. 1904
Oct. 1904
Apr. 1905
Oct. 1905
Apr. 1906
Oct. 1906
Apr. 1907
Oct. 1907
Apr. 1908
Oct. 1908
Apr. 1909
Oct. 1909
re.
23 $198 89
24
187 20
175 85
25
164 83
26
154 14
27
28
143 76
29
133 68
30
123 89
114 38
31
32
105 16
96 21
33
34
87 52
35
79 08
70 89
36
62 94
37
38
55 22
47 72
39
40 44
40
41
33 37
42
26 51
19 85
43
44
13 38
45
7 10
1 00
46
Dues paid in advance
Total Value.
70
99
124
166
225
166
189
231
228
226
281
298
275
262
474
350
449
384
494
505
628
570
533
444
$13,922 30
18,532 80
21,805 40
27,361 78
34,681 50
23,864 16
25,265 52
28,618 59
26,078 64
23,766 16
27,035 01
26,080 96
21,747 00
18,573 18
29,833 56
19,327 00
21,426 28
15,528 96
16 484 78
13,387 55
12,465 80
7,626 60
3,784 30
444 00
935 00
$478,576 83
Dues capital
Profits capital
Unpaid dues
.
$389,128 00
86,558 83
2,890 00
$478,576 83
82
REPORT
OF
THE
[Pub. Doc*.
G R AFTO N C O -O P E R A TIV E B A N K , GR AFTO N .
Incorporated October 19, 1887.
E l l s w o r t h E. H o w e , President.
Began business November 10, 1887.
J o s e p h A. D o d g e , Secretary.
J o s e p h A. D o d g e , Treasurer.
Board of Directors: S. L. D a v e n p o r t , G. A. D e a r b o r n , W . O. H a l p i n e , L ."N . L e l a n d , C. L.
L e o n a r d , H . L. N i c h o l s , C. L. P r a t t , C. J. W i l d e r , O. M. W i n g .
Security Committee: S. L. D a v e n p o r t , A. L. F i s h e r , O. M. W
in g .
Regular meetings for receipt of moneys the second Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Cash
.
.
.
.
$204,418
3,913
1,660
625
367
00
00
06
37
97
Dues capital
Profits capital .
Guaranty fund .
.Surplus
$174,855
31,081
2,150
2,897
$210,984 40
$210,984 40
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
00
72
00
68
.
.
.
.
.
.
.
1,108
418
40
4,469
1,185
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers, Oct. 30, 1909
132
59
581
172
Profits Distributed.
First term, 3 % ; second term, 3% .
Proportion of profits retained on voluntary withdrawals, 5 0% of last dividend.
R ates and Averages on Loans, October 30, 1909.
151 real estate loans (average, $1,353.76 each; average rate, 6£ % ): 6J% , $204,418.
25 share loans (average, $156.52 each; average rate, 7 % ) ; 7 % , $3,913.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$750.00
3.5 6
Other Expenses.
Total.
$365.20
$1,115.20
1.73
5.2 9
BANK
No. 8.]
CO M M ISSION ER
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees .
.
.
.
Withdrawal profits
Membership
Cash on hand Oct. 31, 1908
$52,863 00
200
28,943
4,974
120
11,625
129
9
187
157
1,643
00
83
00
00
71
55
00
10
80
88
$100,853 87
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Cash on hand Oct. 30, 1909
$12,897
5,640
1,846
2,388
72,313
4,125
34
125
1,115
367
00
00
70
28
83
00
24
65
20
97
R e co n cilia tio n o f Share A cco u n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share. in Force.Tota^ Value.
$988 90
22 $197 78
5
May 1898
2,604 84
14
Nov. 1898
23
186 06
42
174 72
7,338 24
24
May 1899
11,461 80
163 74
70
Nov. 1899
25
8,266 32
54
26
153 08
May 1900
142 70
94
13,413 80
Nov. 1900
27
4,112 46
132 66
28
31
May 1901
122 88
5,529 60
Nov. 1901
29
45
5,102 10
45
30
113 38
May 1902
5,939 40
104 20
57
Nov. 1902
31
32
74
7,046 28
95 22
May 1903
11,766 72
86 52
136
33
Nov. 1903
12,570 88
34
78 08
161
May 1904
8,944 64
1904
128
35
69 88
17,399 52
61 92
281
36
May 1905
54 20
298
16,151 60
Nov. 1905
37
15,831 30
38
46 70
339
May 1906
9,184 86
Nov. 1906
39
39 42
233
32 36
400
12,944 00
40
May 1907
11,755 50
Nov. 1907
41
25 50
461
42
8,496 84
18 84
451
May 1908
12 38
43
520
6,437 60
Nov. 1908
44
530
3,233 00
May 1909
6 10
Suspense dues
Dues paid in advance
30 00
107 00
$206,657 20
$100,853 87
Dues capital
Profits capital
Unpaid dues
Suspense profits
$174,855
31.081
716
4
00
72
00
48
$206,657 20
D a t e of E x a m in a t i o n , September 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
84
REPORT
OF T H E
[Pub. Doc.
G R E E N F IE L D C O -O P E R A TIV E B A N K , G R E E N F IE L D .
90 M A IN STREET.
Incorporated June 21, 1905.
W i l l i a m B l a k e A l l e n , President.
Began business July 11, 1905.
P e r l e y E. F a y , Treasurer.
F r a n k H . S n o w , Secretary.
Board of Directors: W . B. A l l e n , J. M. B u r k e , C. A. C a r e y , P. E. F a y , F. E H a w k s , F. A.
L o o m is , G. C. L u n t , F . H . S n o w , W . H . W e is s b r o d , G. H . W i l k i n s .
Security Committee: F. E. H a w k e s , F. A. L o o m is , G. C. L u n t .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Permanent expense account
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$80,650
4,275
397
119
223
134
2,543
00
00
98
33
00
03
38
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest
.
.
Fines
.
.
Transfer fees
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$88,342 72
00
84
96
39
96
46
50
72 61
$88,342 72
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$80,216
5,078
217
995
1,669
91
M em b ersh ip.
.
.
1,084
559
3,211
704
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
144
75
451
93
P rofits D istributed.
First term, 2 ^ % ; second term, 2\ % .
Proportion of profits retained on voluntary withdrawals, 25 % on series not over 4 years old; after
4 years, none.
R ates and Averages on Loans, October 30, 1909.
65 real estate loans (average, $1,240.76 each; average rate, 6 % ) : 6 % , $80,650.
54 share loans (average, $79.16 each; average rate, 6 % ) : 6 % , $4,275.
T ota l E xpen ses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$200.00
2 .2 6
Other Expenses.
$166.88
1 .8 9
Total.
$366.88
4 .1 5
No. 8.]
BANK
R eceipts an d D isbursem ents, Y ear en d in g
O ctober 30, 1909.
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
85
CO M M ISSION ER
$35,868
10,300
5,205
4,462
181
00
00
00
33
18
1 75
149 17
121 24
$56,288 67
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
1905
1906
1906
1907
1907
1908
1908
1909
1909
1
2
3
4
5
6
7
8
9
Value
$57
49
42
35
29
22
16
10
4
14
91
85
97
25
70
31
08
00
Shares
367
279
188
413
333
278
325
507
521
Total Value.
$20,970
13,924
8,055
14,855
9,740
6,310
5,300
5,110
2,084
Dues paid in advance
$13,462
916
33,300
5,700
366
2,543
00
41
00
00
88
38
$56,288 67
D a t e o f E x a m in a t i o n , October 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
315 00
——
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
38
89
80
61
25
60
75
56
00
—
$86,667 84
Dues capital
Profits capital
Unpaid dues
.
$80,216 00
5,078 84
1,373 00
$86,667 84
86
REPORT
OF TH E
[Pub. Doc.
G R O V B L A N D C O -O P E R A TIV E BATÌK, G R O V E LA N D
M A IN STREET.
Incorporated November 4, 1895.
E d w a r d H . P a r k e r , President.
Began business November 19, 1895.
G e o r g e M i t c h e l l , Jr., Treasurer.
G e o r g e M it c h e l l , Jr., Secretary.
Board of Directors: E. H. G e o r g e , S. B. G e o r g e , N. E. L a d d , J o h n M a g e e , E d w a r d M cC o r m i c k ,
W . T . P i k e , E. L . S i d e s , W . H. S p o f f o r d , G. H. T e n n e y , A. G. T w o m b l y , H. L. T w o m b l y ,
H. W . V a u g h a n .
Security Committee: E . H. G e o r g e , A. G. T w o m b l y , H. W . V a u g h a n .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Permanent expense account
Cash
.
.
.
.
L iabilities.
.
$67,450
850
225
50
957
00
00
35
00
90
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
.
$69,533 25
00
41
38
46
$69,533 25
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$58,520
9,523
285
1,204
M em bersh ip.
333
234
10
10
12
1,310
375
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
36
26
233
67
P rofits D istributed.
First term, 2J % ; second term, 2i % .
Proportion of profits retained on voluntary withdrawals, 2 5% on series not over 2 years old; 10%
thereafter.
Rates an d A verages on Loans, October 30, 1909.
63 real estate loans (average, 81,070.63 each; average rate, 5 .5 4 % ); 5|% , $41,000; 6 % , $26,450.
4 share loans (average, $212.50 each; average rate, 6 % ) ; 6 % , $850.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$265.43
3 .8 2
Other Expenses.
$118.65
1.71
Total.
$384.08
5.53
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents. Year ending
October 30, 1909.
$15,606 00
11,700 00
820 00
800 00
3,651 93
124 57
50
120 08
79 65
$32,902 73
D is b u h se m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
.
Share loans
.
.
.
Notes and bonds
.
Interest .
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
R e co n cilia tio n o f Share A cco u n t w ith Dues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
.
.
Share loans repaid
.
.
.
Notes and bonds
.
.
.
Interest .
.
.
.
.
F i n e s ............................................
Transfer fees
.
.
.
.
Withdrawal profits
.
.
Cash on hand Oct. 31, 1908
.
.
.
. •
.
$7,766 00
526 00
1,440 00
1,744 00
984 75
104 00
525 60
631 00
15,500 00
1,500 00
800 00
39 40
384 08
957 90
87
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Shares
Value
Total Value.
per Share. in Force.
$196 27
$1,177 62
6
11
2,039 07
185 37
1,398 16
174 77
8
3
493 38
164 46
2
308 92
154 46
32
4,632 32
144 76
33
4,466 55
135 35
3,154 50
25
126 18
14
1,641 22
117 23
7,054 45
108 53
65
2,800 56
28
100 02
3,577 47
39
91 73
4,014 24
48
83 63
4,543 80
75 73
60
2,108 93
68 03
31
52
3,145 48
60 49
4,567 46
86
53 11
4,772 56
104
45 89
90
3,495 60
38 84
66
2,109 36
31 96
1,489 75
25 25
59
142
2,655 40
18 70
1,612 61
12 31
131
1,064 00
175
6 08
Dues paid in advance
50 00
$68,373 41
$32,902 73
Dues capital
Profits capital
Unpaid dues
$58,520 00
9,523 41
330 00
$68,373 41
D a t e o f E x a m in a t i o n , October 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
OF T H E
[Pub. Doc.
GUARDIAN" C O -O P E R A T IV E B A N K , BOSTON.
36 BROM FIELD STREET.
Incorporated July 2, 1886.
H e n r y P . O a k m a n , President.
Began business August 6, 1886.
D a n i e l E l d r e d g e , Secretary
D a n i e l E l d r e d g e , Treasurer.
Board of Directors: F r e d e r ic k B o g a r d u s , J o h n C h e l l m a n , J. C. C o o k , D. E . E l d r e d g e , W . D.
E l d r e d g e , G. R . F a r r e l l , H . C. H a t h a w a y , A r t h u r H o o p e r , J. T. K a l e r , C. E . L o w d ,
W . S. M a s o n , W . H . M i n o t , E . K . N e w h a l l , H . P . O a k m a n , W . H . R o b e r t s , J. M. S i m p s o n ,
R . S. W e n t w o r t h .
Security Committee: J. C. C o o k , E. K . N e w h a l l , H. P. O a k m a n , W . H. R o b e r t s .
Regular meetings for receipt of moneys the first Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
1410,600
11,500
11,670
490
1,366
113
575
14,189
00
00
00
33
11
34
00
56
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited share account
Retired share account
Personal account
$450,504 34
00
66
00
33
09
63
50
70
10
67
66
$450,504 34
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30. 1909
$369,106
59,818
4,850
6,157
9,354
348
3
540
107
195
22
M em bersh ip.
.
.
.
.
1,219
1,068
41
40
38
6,639
2,361
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
154
149
850
202
Profits D istributed.
First term, 2 4 % ; second term, 2 4 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d Averages o n Loans, October 30, 1909.
166 real estate loans (average, $2,473.49 each; average rate, 5 .1 4 % ): 5 % , $299,200; 5 1 % , $42,300;
5J%, $39,600; 5 1 % , $11,100; 6 % , $14,800; 6 4% , $3,600.
51 share loans (average, $225.49 each; average rate, 5 .3 6 % ); 5 % , $6,050; 5 1 % , $1,100; 54% ,
$2,150; 5 f % , $500; 6 % , $500; 61% , $600; 6 4 % , $350; 7 % , $100; 7 f% ,.$ 1 5 0 .
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,300.00
2 .8 9
Other Expenses.
Total.
$1,296.87
$2,596.87
2.8 8
5 .7 7
BANK
No. 8.]
R eceipts and D isbursem en ts. Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Pines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Matured share account
Cash on hand Oct. 31, 1908
$80,776 00
7,000 00
1,600
40,750
7,250
2,605
8,050
21,872
865
6
1,063
42
52
7,201
6,016
4,847
00
00
00
78
82
24
20
51
00
00
71
84
72
59
46
$190,000 87
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Retired share account
Matured share account
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
$35,112
1,486
5,615
5,702
4,252
170
1,756
2,018
86,650
8,450
2,500
6,443
30
2,596
7,006
6,016
5
14,189
00
00
00
00
46
87
40
01
00
00
00
66
40
87
05
59
00
56
$190,000 87
D a t e o f E x a m in a t i o n , March 22, 23, 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
89
COM M ISSIONER,
R e co n cilia tio n of Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series. pJ f c e . inFor^e. Total Value'
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
$197
186
176
166
157
147
138
129
121
112
104
96
88
80
72
65
57
50
43
36
30
23
17
11
5
Dues paid in advance
36
91
75
87
25
87
70
76
04
51
16
02
04
23
60
15
85
71
73
91
23
70
31
08
00
56
179
62
23
60
46
195
288
303
309
193
287
204
200
226
273
332
310
345
446
397
351
516
546
492
$11,052
33,456
10,958
3,838
9,435
6,802
27,046
37,370
36,675
34,765
20,102
27,557
17,960
16.046
16,407
17,785
19,206
15,720
15,086
16,461
12,001
8,318
8,931
6,049
2,460
16
89
50
01
00
02
50
88
12
59
88
74
16
00
60
95
20
10
85
86
31
70
96
68
00
313 00
$431,810 66
Dues capital
Profits capital
Unpaid dues
.
$369,106 00
59,818 66
2,886 00
$431,810 66
90
REPORT
OF
THE
[Pub. Doc.
H A M PTO N C O -O P E R A TIV E B A N K , E A STH A M P T O N .
135 UNION STREET.
Incorporated March 24, 1900.
Louis N. D i b b l e , President.
Began business April 2, 1900.
N. S e e l y e H it c h c o c k , Secretary.
W il l ia m L. P i t c h e r , Treasurer.
Board of Directors: G e o r g e A s t i l l , L. N. D i b b l e , W . H . E d w a r d s , N. S. H it c h c o c k , W . L.
P it c h e r , H . J. P o r t e r , E . L. M e s s e r s c h m id t .
Security Committee: L. N. D i b b l e , W . L P it c h e r , H. J. P o r t e r .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Unpaid interest
Permanent expense account
Personal accounts
Cash
.
.
.
.
L iabilities.
$79,724
4,868
333
95
384
6,294
48
00
21
62
29
47
Dues capital
Profits capital
Guaranty fund
Surplus
$74,687
15,800
211
1,000
$91,700 07
$91,700 07
Shares
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct 30, 1909
00
31
94
82
M em b ersh ip.
329
266
1,427
520
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
40
39
234
67
Profits D istrib u ted.
First term, 2 f % ; second term, 2 i % .
Proportion of profits retained on voluntary withdrawals, 2 5% on shares less than 4 years old.
R ates and Averages on Loans, October 30, 1909.
47 real estate loans (average, $1,696.26 each; average rate, 6 % ) : 6 % , $79,724.48.
25 share loans (average, $194.72 each; average rate, 6 % ) : 6 % , $4,868.
T o ta l E xpenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$150.00
1.64
Other Expenses.
$115.36
1.26
Total.
$265.36
2.90
BANK
No. 8.]
CO M M ISSION ER.
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Fines
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$17,525
16,425
3,940
4,762
43
46
1,243
00
00
00
00
74
95
34
$43,986 03
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
Temporary expense .
Cash on hand Oct. 30, 1909
$11,757
1,969
21,225
2,495
245
6,294
00
20
00
00
36
47
$43,986 03
91
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$29,229 98
194
1 $150 67
Apr. 1900
7,103 79
139 29
51
2
Nov. 1900
5,968 04
46
129 74
3
May 1901
3,130 66
26
120 41
4
Nov. 1901
4,228 26
38
111 27
5
May 1902
4,094 80
40
102 37
6
Nov. 1902
6,651 28
71
93 68
7
May 1903
1,108 25
13
85 25
8
Nov. 1903
2,310 90
30
77 03
9
May 1904
276 12
4
69 03
10
Nov. 1904
4,224 87
69
61 23
11
May 1905
79
4,239 14
12
53 66
Nov. 1905
5,415 93
117
46 29
13
May 1906
3,247 79
83
39 13
14
Nov. 1906
4,403
18
32 14
137
15
May 1907
44
1,115 84
25 36
16
Nov. 1907
12
1,051
56
18 77
17
May 1908
2,208 86
179
12 34
18
Nov. 1908
913
50
150
6 09
19
May 1909
Dues paid in advance
58 00
$90,980 31
Dues capital
Profits capital
Unpaid dues
.
$74,687 00
15,800 31
493 00
$90,980 31
D a t e o f E x a m in a t i o n , June 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
92
OF
THE
[Pub. Doc.
H A V E R H IL L C O -O P E R A T IV E B A N K , H A V E R H IL L .
117 M E R R IM A C K STREET.
Incorporated August 20, 1877.
J a m b s W . H a r r is , President.
Began business September 3, 1877.
W i l l ia m H. P a g e , Secretary.
W i l l ia m H. P a g e , Treasurer.
Board of Directors: G. H. B a r t l e t t , G. A. C h i l d s , C. H. C l a r k , E. A. F i t t s , B. W . H a t e s ,
E. J. K e m p t o n , B. I. P a g e , C. E. S t u r g i s , N. C. T o z i e r .
Security Committee: E. A. F i t t s , J. W . H a r r i s , N. C. T o z i e r .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Cash
L iabilities.
$479,240 00
12,200 00
5,192
3,427
155
3,256
00
99
14
47
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$503,471 60
00
85
00
94
81
$503,471 60
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$424,783
71,028
6,150
1,336
172
.
.
.
.
2,606
1,281
5
199
9,187
2,826
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
273
100
1,378
351
P rofits D istributed.
First term, 2 ^ % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 10% .
R ates an d Averages o n Loans, October 30, 1909.
292 real estate loans (average, $1,641.23 each; average rate, 5 .3 1 % ): 5 % , $328,700; 6 % , $150,540.
59 share loans (average, $206.77 each; average rate, 5 .7 0 % ): 5 % , $3,600; 6 % , $8,600.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,116.50
4 .2 0
Other Expenses.
Total.
$708.98
$2,825.48
1.41
5.61
BANK
No. 8.]
CO M M ISSION ER.
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Interest .
Fines
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Mortgage balances
Cash on hand Oct. 31, 1908
$108,614 00
00
00
00
00
23
47
00
69
10
00
95
23
53
20
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense
Matured share account
Mortgage balances
Cash on hand Oct. 30, 1909
00
00
00
37
98
87
00
00
85
48
95
23
47
20
93
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Shares T , i Value
Date of Issue. Series. per Share. in Force. iotal Value‘
132
$26,023 80
37 $197 15
May 1897
8,235 04
44
38
187 16
Nov. 1897
42,048 54
237
39
177 42
May 1898
16,116
48
96
167
88
40
Nov. 189S
19,505 34
123
158 58
41
May 1899
20
20,927
140
42
149
48
Nov. 1899
37,813 33
269
140 57
43
May 1900
15,687 77
119
Nov. 1900
44
131 83
34,630 44
281
123 24
45
May 1901
21,588 04
188
114 83
46
Nov. 1901
152
16,197 12
106 56
47
May 1902
82
8,073 72
98 46
Nov. 1902
48
19,625 48
217
90 44
49
May 1903
18,669 86
82 61
226
50
Nov. 1903
13,109 25
175
74 91
51
May 1904
13,002 41
193
52
67 37
Nov. 1904
17,571 21
293
59 97
May 1905
53
24,792 50
52 75
470
54
Nov. 1905
20,086 00
440
55
45 65
May 1906
25,045 37
647
56
38 71
Nov. 1906
842
26,851 38
57
31 89
May 1907
16,897 40
670
25 22
Nov. 1907
58
15,475 32
828
18 69
59
May 1908
10,918 97
12 31
887
Nov. 1908
60
8,730 88
6 08 1,436
May 1909
61
Dues paid in advance
657 00
$498,279 8b
Dues capital
Profits capital
Unpaid dues
.
$424,783 00
71,028 85
2,468 00
$498,279 85
D a t e o f E x a m in a t i o n , February 25, 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
94
OF T H E
[Pub. Doc.
H E N R Y W IL S O N C O -O P E R A TIV E B A N K , N A T IC K .
SOUTH AVENUE.
Incorporated October 23, 1886.
J o h n R . A d a m s , President.
Began business November 12, 1886.
R ic h a r d F o l e y , Secretary.
H a r v e y H . W h i t n e y , Treasurer.
Board of Directors: P e t e r C a s h i o n , D. C. F e l t o n , J. F . L i n c o l n , M. E. M c G r a t h , M. E. O l i v e r ,
L. E. P u l s i f e r , E. W . R o g e r s , J. E. S w e e t l a n d , G. F . W h i t n e y .
Security Committee: D. C.
F elton,
D.
A. M a h o n e y , J.
H . H . W h it n e y .
E. S w e e t l a n d , G.
F.
W h it n e y ,
Regular meetings for receipt of moneys the second Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid fines
Cash
.
.
.
.
.«164,050
10,500
4,600
13,378
1,253
115
2,248
00
00
00
83
85
63
10
8158,725
26,811
2,300
8,309
Dues capital
Profits capital
Guaranty fund
Surplus
$196,146 41
$196,146 41
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
93
00
48
.
396
210
16
119
2,609
1,091
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers, Oct. 30, 1909
53
40
366
121
Profits D istributed.
First term, 2 % ; second term, 2 % .
Proportion of profits retained on voluntary withdrawals, 25% .
Rates and Averages on Loans, October 30, 1909.
109 real estate loans (average, «1,505.04 each; average rate, 5 .0 6 % ): 5 % , $153,550; 5J% , «800;
6 % , $7,600; 6.30% , «2,100.
60 share loans (average, «175 each; average rate, 5 .0 1 % ): 5 % , «10,350; 6 % , $150.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
«600.00
3 .0 6
Other Expenses.
$260.25
1.33
Total.
«860.25
4.39
BANK
No. 8.]
CO M M ISSION ER
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Surplus
.
.
.
.
.
Profits capital .
.
.
.
Cash on hand Oct. 31, 1908
$32,100 00
2,600
17,300
7,450
1,142
8,885
6
343
2
204
36
00
00
00
67
31
05
69
00
83
00
24
1,592 53
$71,663 32
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Matured share account
Surplus
.
.
.
.
Profit and loss .
.
Cash on hand Oct. 30, 1909
$8,591
1,249
18,461
818
279
5,403
16,550
3,950
895
470
860
11,320
265
300
2,248
00
00
00
47
48
81
00
00
93
70
25
34
24
00
10
$71,663 32
D a t e o f E x a m in a t i o n , March 8, 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
95
R econ cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share. in Fbrce.Total Value.
$3,901 40
22 $195 07
20
May 1897
3,702 60
20
Nov. 1897
23
185 13
5,085 44
24
175 36
29
May 1898
30
98
16,253
Nov. 1898
165 85
25
15,183 41
97
26
156 53
May 1S99
19,309
40
131
Nov. 1899
147 40
27
102
14,127 00
138 50
May 1900
28
94
12,198 38
Nov. 1900
29
129 77
5,577 04
121 24
46
30
May 1901
8,243 16
112 92
73
Nov. 1901
31
12,570 00
32
104 75
120
May 1902
6.289 40
96 76
65
Nov. 1902
33
40
3,557 20
34
May 1903
88 93
3,493
75
43
Nov. 1903
35
81 25
5,455 28
74
36
73 72
May 1904
32
9,818
148
Nov. 1904
34
37
66
9,042 30
153
38
59 10
May 1905
52 00
8,996 00
173
Nov. 1905
39
3,468 08
77
40
45 04
May 1906
3,056 80
41
80
Nov. 1906
38 21
5,610 56
42
31 52
178
May 1907
6,517 17
24 97
261
Nov. 1907
43
2,002 32
44
108
18 54
May 1908
2,643 84
12 24
216
Nov. 1908
45
987 78
163
46
6 06
May 1909
Dues paid in advance
154 00
$187,243 93
Dues capital
Profits capital
Unpaid dues
.
$158,725 00
26,811 93
1,707 00
$187,243 93
REPORT
96
OF
THE
[Pub. Doc.
H IG H L A N D C O -O P E R A T IV E B A N K , BOSTON.
1117 COLUMBUS AVENUE.
Incorporated February 24, 1899.
A l f r e d M. Z i e g l e r , President.
Began business February 27, 1899.
F r e d e r ic k W . K l e m m , Secretary.
J o s e p h E n g e l , Treasurer.
Board of Directors: A. A . B r o w n , J. P . C l e a r y , J. W C o l g a n , J. F . D e m p s e y , G e o r g e F i n n e r a n ,
J. J. F r a n e y , C h a r l e s L i f f l e r , H. J. M u e l l e r , H. S. O r m s b y , T. J. S p r o u l , C o r n e l iu s
V a n d e r P y l , R. A. W a t s o n .
Security Committee: A. A. B r o w n , J. P . C l e a r y , J o s e p h E n g e l , C. V a n d e r P y l .
Regular meetings for receipt of moneys the third Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$223,650
3,716
757
40
34
2,140
00
00
41
90
46
73
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Withdrawal profits
Forfeiture profits
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
$230,339 50
00
27
00
79
57
05
75
32
47 75
$230,339 50
Shares.
Issued during year
Withdrawn during vear
Forfeited during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$194,275
30,173
1,500
1,027
3,113
75
126
M em bersh ip.
.
.
.
.
1,670
1,015
32
5,170
1,398
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
144
99
515
100
P rofits D istributed.
First term, 2 £ % ; second term, 2^ % .
Proportion of profits retained on voluntary withdrawals, 2 0% on series less than 4 years old; 10%
on series from 4 years to 8 years; after 8 years, none.
Rates an d Averages on Loans, October 30, 1909.
86 real estate loans (average, $2,600.58 each; average rate, 5 .2 1 % ): 5 % , .$130,800; 5£ % , $92,850.
14 share loans (average, $265.43 each; average rate, 5 .8 7 % ): 5 % , $500; 6 % , $3,216.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$500.00
2 .1 7
Other Expenses.
$162.92
.71
Total.
$662.92
2.88
No. 8.]
BANK
COM M ISSIONER,
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
$58,105
49,850
9,568
11,377
318
00
00
50
46
91
1 50
377 11
4 33
149 63
661 81
.
.
$130,414 25
D is b u b s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Profits capital withdrawn .
Profits capital forfeited
Real estate loans
Share loans
.
.
.
.
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
$34,455
463
4,739
64
81,020
6,506
686
339
2,140
—
00
00
01
37
00
00
71
43
73
—
$130,414 25
97
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
Feb.
Aug.
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Value
Shares
per snare, in r orce.
$167
158
148
138
129
120
111
103
95
86
78
71
63
56
48
41
34
28
21
15
9
3
Dues paid in advance
89
09
36
93
71
70
89
32
00
81
85
07
48
08
86
80
94
23
69
31
08
00
224
5
33
99
198
63
42
43
141
97
82
82
184
131
242
241
320
336
596
520
868
623
$37,607
790
4,895
13,754
25,682
7,604
4 ’699
4,442
13,395
8,420
6,465
5,827
11,680
7,346
11,824
10,073
11,180
9,485
12,927
7,961
7,881
1,869
36
45
88
07
58
10
38
76
00
57
70
74
32
48
12
80
80
28
24
20
44
00
368 00
—
$226,183 27
Dues capital
Profits capital
Unpaid dues
$194,275 00
30,173 27
1,735 00
$226,183 27
D a t e o f E x a m in a t i o n , April 22, 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
98
OF
THE
[Pub. Doc.
H IL L S ID E C O -O P E R A T IV E B A N K , M ED FOR D.
342 BOSTON AVENUE.
Incorporated January 26, 1906.
H e n r y V. R o w e l l , President.
Began business February 6, 1906.
H e r b e r t T. B r o w n , Secretary.
H e r b e r t T. B r o w n , Treasurer.
Board of Directors: W . H. A t k i n s , D. A. B r o w n , F. A. B r u c e , P. C. C h a n d l e r , H. G. C h a s e ,
F. E. C h i p m a n , A r t h u r C l i f f o r d , F. R . D a m e , J e r r y D r is c o l l , J o s e p h E n g e l , G. H.
F o l g e r , F. B. G il m a n , A. C. G r e e n e , A. E. J o s s e l y n , J. H. L e ig h t o n , F. W . S l e e p e r ,
E. E. S t e v e n s , I. E. S t o w e .
Security Committee: W . H. A t k i n s , F. A. B r u c e , J o s e p h E n g e l , H. V. R o w e l l .
Regular meetings for receipt of moneys the first Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Permanent expense account
Temporary expense account
Cash
.
.
.
.
$46,700
3,573
230
41
2,192
00
00
00
73
14
$49,206
2,591
100
56
678
33
00
20
00
17
72
23
25
71 30
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
$52,736 87
$52,736 87
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
1,013
604
2,416
429
Added during year
Withdrawn during year
Members Oct 30, 1909
Borrowers Oct. 30, 1909
81
44
312
40
Profits D istrib u ted.
First term, 2 4 % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d A verages o n Loans, O ctober 30, 1909.
23 real estate loans (average, $2,030.43 each; average rate, 5 .1 3 % ): 5 % , $39,000; 5 £ % , $3,000;
6 % . $4,700.
_
17 share loans (average, $210.17 each; average rate, 6 .0 1 % ): 6 % , $3,473; 6 £ % , $100.
T ota l E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$150.00
2 .8 4
Other Expenses.
$107.55
2 .0 4
Total.
$257.55
4 .8 8
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
. .
. .
Real estate loans repaid
.
.
Share loans repaid .
.
.
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
.
.
.
Cash on hand Oct. 31, 1908
.
$27,269 00
8,050 00
2,660 00
2,285 53
95 05
2 25
138 67
1,524 19
$42,024 69
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force, Total Value.
$14,899 25
305
Feb. 1906
1
$48 85
5,436 60
2
130
41 82
Aug. 1906
8,882 38
34 97
254
Feb. 1907
3
54
1,526 04
28 26
Aug. 1907
4
21 71
463
10,051 73
Feb. 1908
5
5,224 12
341
15 32
6
Aug. 1908
5,003 08
9 08
551
Feb. 1909
7
954 00
3 00
318
Aug. 1909
8
Dues paid in advance
.
.
.
.
.
.
.
.
.
.
$10,879
553
23,600
4,543
257
2,192
00
00
00
00
55
14
$42,024 69
D a t e o p E x a m in a t i o n , June 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
314 00
$52,291 20
D isb u r s e m e n t s.
Dues capital withdrawn
Profits capital withdrawn
Real estate loans
.
Share loans
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
99
Dues capital
Profits capital
Unpaid dues
.
$49,206 00
2,591 20
494 00
$52,291 20
100
REPORT
OF T H E
[Pub. Doc.
H IN G H A M C O -O P E R A T IV E B A N K , B IN G H A M .
SOUTH STREET.
Incorporated June 1, 1889.
E b e d L . R i p l e y , President.
Began business June 5, 1889.
W a l t e r B. F o s t e r , Secretary.
W a l t e r B. F o s t e r , Treasurer.
Board of Directors: E . W . B a r t l e t t , C. S. C u s h in g , W . B. F e a r in g , W . B. F o s t e r , F. M. H e r s e y , I. G. H e r s e y , J. C. H o l l is , F r e d e r ic k H u m p h r e y , J. D. L o n g , C. H. M a r b l e , G e o r g e
P r i c e , E . L . R i p l e y , W . C. S h u t e , W . W . S im m o n s , E . F . S k i n n e r , E p h r a im S n o w , Jr.,
W . H. T h o m a s , G e o r g e W h i t i n g .
Security Committee: E. W . B a r t l e t t , C. S. C u s h in g , I. G. H e r s e y , G e o r g e P r i c e , E. F. S k i n n e r .
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid fines
Permanent expense account
Cash
.
.
.
.
L iabilities.
.
$358,250
14,400
3,645
1,303
235
45
11,456
00
00
20
87
86
21
45
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
Security committee
.
.
.
.
.
.
.
.
$389,336 59
00
10
60
24
62
03
$389,336 59
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$315,478
64,792
2,393
6,641
6
25
M em b ersh ip.
.
.
820
381
66
73
185
5,827
2,245
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
112
85
747
262
P rofits D istrib u ted.
First term, 2 4 % ; second term, 2 4 % .
Proportion of profits retained on voluntary withdrawals, 25 % .
Rates an d Averages on Loans, O ctober 30, 1909.
220 real estate loans (average, $1,628.41 each; average rate, 5 .2 7 % ): 5 % , $1,300; 5J % , $346,950;
5 *% , $5,000; 5 i% , $1,400; 6.30% , $3,600.
103 share loans (average, $139.80 each; average rate, 5 .2 5 % ): 5.25% , $14,400.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,515.00
3 .8 9
Other Expenses.
Total.
$338.36
$1,853.36
.87
4 .7 6
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
$69,254 00
1,300 00
5,400
21,050
8,750
2,333
19,687
975
3
666
131
2,628
57
12,548
00
00
00
74
66
38
75
33
83
19
00
75
$144,786 63
D is b u b s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure
Interest .
.
.
.
Temporary expense .
Permanent expense .
Forfeited share account
Security committee
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
.
$17,938
2,693
10,392
26,736
2,670
527
3,730
10,395
46,250
4,200
1,651
274
1,853
660
2,628
45
683
11,456
00
00
00
00
39
54
30
64
00
00
90
48
36
49
19
15
74
45
$144,786 63
D a t e o p E x a m in a t i o n , July 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Security committee .
Cash on hand Oct. 31, 1908
101
CO M M ISSION ER.
Nov
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Value
per Share. in Force.Total Value.
$199 45
117
$23,335 65
188 27
113
21,274 51
177 39
139
24,657 21
166 86
95
15,851 70
156 61
107
16,757 27
146 67
209
30,654 03
136 98
123
16,848 54
109
13,902 95
127 55
118 37
89
10,534 93
109 43
201
21,995 43
100 72
145
14,604 40
92 26
210
19,374 60
84 04
164
13,782 56
76 03
240
18,247 20
68 23
189
12,895 47
60 62
304
18,428 48
53 20
311
16,545 20
321
45 96
14,753 16
38 90
376
14,626 40
32 01
487
15,588 87
25 29
467
11,810 43
18 73
497
9,308 81
12 33
321
3,957 93
3,002 37
6 09
493
Dues paid in advance
275 00
$383,013 10
Dues capital
Profits capital
Unpaid dues
.
$315,478 00
64,792 10
2,743 00
$383,013 10
102
REPORT
[Pub. Doc
OF T H E
HOLBROOK C O -O P E R A T IV E B A N K , HOLBROOK.
TOW N HOUSE, FRAN K LIN STREET.
Incorporated May 31, 1888.
W il l a r d F. G l e a s o n , President.
Began business June 11, 1888.
G e o r g e T. W i l d e , Secretary.
G e o r g e T. W i l d e , Treasurer.
Board of Directors: J. B. A u s t i n ,LA. C. B e l c h e r , L e o n a r d B e l c h e r , F . W . B l a n c h a r d , F . B.
D im a n , L. E. F l y e , Z. A . F r e n c h , F . A . G a r d n e r , A . G . H a n n a , F . L. H a y d e n , E. E. H o l
brook,
J o h n K i n g , C. H . M cC a r t e r , H o w a r d P l a t t s .
Security Committee: F. B. D i m a n , Z. A. F r e n c h , C. H. M cC a r t e r .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Cash
.
.
.
.
Liabilities.
$135,150
5,575
473
1
56
180
733
00
00
79
15
24
44
85
$115,888
18,932
850
2,674
3,443
9
115
256
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Withdrawal profits
$142,170 47
$142,170 47
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
90
00
71
02
20
66
98
M em bersh ip.
.
547
290
31
56
2,642
844
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
62
38
394
140
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d Averages on Loans, October 30, 1909.
117 real estate loans (average, $1,155.13 each; average rate, 6 .0 1 % ): 6 % , $129,150; 6J% , $6,000.
23 share loans (average, $242.39 each; average rate, 6 % ) : 6 % , $5,575.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$300.00
2.1 1
Other Expenses.
$141.18
.99
Total.
$441.18
3 .1 0
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem en ts, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
•
•
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Retired share account
Matured share account
Profits capital .
Surplus
Cash on hand Oct. 31, 1908
$31,980 00
1,900
10,250
4,100
8,017
23
237
460
5,625
11,354
177
14
4,377
00
00
00
47
70
19
50
78
78
98
00
80
97
$78,520 17
D is b u b s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Interest
Temporary expense .
Retired share account
Matured share account
Surplus
Profits capital .
Cash on hand Oct. 30, 1909
$10,821
4,017
7,896
1,843
1,545
3,348
28,400
2,125
176
441
5,625
11,354
177
14
733
00
00
00
08
83
10
00
00
57
18
78
98
00
80
85
$78,520 17
D a t e o f E x a m in a t i o n , September 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
103
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share. inFo«e.TotalValue$3,245 98
21 $190 94
1898
17
2
22
359 50
179 75
1898
23
168 69
5
843 45
1899
10,592 70
24
158 10
67
1899
26
3,843 58
1900
25
147 83
39
5,370 69
26
137 71
1900
54
6,909 84
27
127 96
1901
28
85
118 49
10,071 65
1901
1902
109 23
44
4,806 12
29
1902
100 27
90
9,024 30
30
74
6,776 18
91 57
1903
31
32
61
5,071 54
83 14
1903
61
1904
74 93
4,570 73
33
6,429 12
66 97
96
1904
34
59 14
131
1905
35
7,747 34
277
51 74
14,331 98
1905
36
44 46
178
7,913 88
1906
37
8,412 75
37 39
225
1906
38
221
6,744 92
30 52
1907
39
217
5,175 45
40
23 85
1907
3,562 90
205
41
17 38
1908
42
2,364 30
11 10
213
1908
254
1,270 00
1909
43
5 00
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dues paid in advance
51 00
$135,489 90
Dues capital
Profits capital
Unpaid dues
.
$115,888 00
18,932 90
669 00
$135,489 90
104
R E P O R T OF T H E
[Pub. Doe.
H O L Y O K E C O -O P E R A TIV E B A N K , H O L Y O K E .
243 HIGH STREET.
Incorporated July 24, 1880.
C h a r l e s L . N e w c o m b , President.
Began business August 25, 1880.
F r a n k J. P h e l p s , Secretary.
F r a n k J. P h e l p s , Treasurer.
Board of Directors: W . F . B a c h e l d e r , W . H . B u l l a r d , T . W . D o y l e , J o h n H il d r e t h , J. S .
L a s s i t e r , J. H . M o n t g o m e r y , T . D . O ’B r i e n , J a m e s P a r f i t t , T . J. T i e r n e y , L. M. T h o r p e .
Security Committee: W . H. B u l l a r d , J. H. M o n t g o m e r y , J a m e s P a r f i t t .
Regular meetings for receipt of moneys the fourth Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid dues
Unpaid interest
Unpaid fines
Cash in hands of treasurer
L iabilities.
$471,700
33,850
5,155
2,857
1,673
64
8,347
00
00
71
00
48
68
97
Dues capital
Profits capital
Guaranty fund
Profit and loss
Forfeited share
.
.
.
account
$523,643 84
00
20
23
94
47
$523,648 84
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$442,235
73,161
4,579
3,238
434
M em bersh ip.
.
.
.
.
2,235
1,445
46
133
194
9,758
3,353
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
305
237
1,564
451
Profits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; 10%
on series over 5 years old
Rates an d Averages on Loans, O ctober 30, 1909.
309 real estate loans (average, $1,526.53 each; average rate, 5 .1 8 % ) : 5 % , $309,300; 5J % , $154,150,
6 % , $8,250.
142 share loans (average, $239.79 each; average rate, 5 .2 6 % ) : 5 % , $16,200; 5$ % , $17,600; 6 % ;
$50.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,824.96
3 .4 9
Other Expenses.
$356.89
.68
Total.
$2,181.85
4 .1 7
No. 8.]
BANK
R eceipts and D isbursem ents, Y ear en d in g
October 30, 1909.
$120,358 00
3,726 25
11,500
62,950
18,200
5,391
25,381
1,227
9
820
17
115
1,168
16,326
38,929
24,176
00
00
00
26
15
75
00
72
44
50
38
80
04
57
$330,297 86
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Forfeited share account
Retired share account
Matured share account
Cash on hand Oct. 30, 1909
$49,549
1,241
13,260
28,324
5,224
126
2,835
10,605
127,576
19,300
5,239
231
2,181
1,000
16,326
38,929
8,347
00
00
00
00
11
33
56
04
25
00
16
24
85
51
80
04
97
$330,297 86
D a t e o p E x a m in a t i o n , August 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Temporary expense .
Forfeited share account
Retired share account
Matured share account
Cash on hand Oct. 31, 1908
105
CO M M ISSIO N ER.
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
Value
per Share. in Forle. TotalValue$196 36
117
$22,974 12
185 41
81
15,018 21
174 80
107
18,703 60
164 49
124
20,396 76
154 45
122
18,842 90
144 71
95
13,747 45
135 24
195
26,371 80
152
126 04
19,158 08
117 08
172
20,137 76
108 34
254
27,518 36
99 78
209
20,854 02
91 48
370
33,847 60
83 37
343
28,595 91
75 43
300
22,629 00
67 70
365
24,710 50
60 17
457
27,497 69
52 80
389
20,539 20
45 63
476
21,719 88
38 64
497
19,204 08
31 80 1,157
36,792 60
25 13
910
22,868 30
18 62
806
15,007 72
12 27
886
10,871 22
6 06 1,174
7,114 44
Dues paid in advance
275 00
$515,396 20
Dues capital
Profits capital
.
$442,235 00
73,161 20
$515,396 20
106
REPORT
OF
THE
[Pub. Doc,
HOM E C O -O P E R A TIV E B A N K , W O R CESTER .
390 M A IN STREET.
Incorporated June 10, 1882.
E n o c h H . T o w n e , President.
Began business June 16, 1882.
G e o r g e O. B r id g e s , Secretary.
G e o r g e O. B r id g e s , Treasurer.
Board of Directors: D a v id A r m it a g e , E. J. B a r d w e l l , A l e x . B e l i s l e , W . S. D a d m u n , C. L. G a t e s ,
J. J. H i g g in s , J. W . H u n t , E. P . I n g r a h a m , D a n i e l P a r l i n , A . P . R o b b in s , W . J. S t o n e ,
C. C. W h it c o m b .
Security Committee: E. J. B a r d w e l l , A l e x . B e l i s l e , D a n i e l P a r l i n .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$828,600
35,155
2,000
2,129
807
6,151
00
00
00
79
15
24
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Transfer fees
.
.
Forfeited share account
Security committee _.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$874,843 18
OP
44
00
47
99
12
00
25
91
$874,843 18
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$699,565
138,700
5,870
12,107
17,747
722
10
114
5
M em bersh ip.
.
.
.
.
3,606
1,768
377
33
14.782
5.139
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
341
163
1,560
431
P rofits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 50% of last dividend.
R ates and A verages on Loans, October 30, 1909.
348 real estate loans (average, 12,381.03 each; average rate, 5 .5 2 % ) : 5 % , $378,400; 5 4 % , $15,400;
5J% , $1,400; 5| % , $2,000; 5 § % , $4,500; 6 % , $422,550; 64 % , $4,000; 7 % , $350.
118 share loans (average, $297.92 each; average rate, 5 .3 6 % ) : 5 % , $20,950; 5 4 % , $800; 5 4 % ;
$200; 5 f % , $2,100; 6 % , $11,105.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,353.99
1.5 5
Other Expenses.
$443.61
.51
Total.
$1,797.60
2 .0 6
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Personal accounts
Security committee .
Taxes and insurance paid .
Cash on hand Oct. 31, 1908
$173,059 00
6,050
177,400
29,735
20.795
50,276
1,647
24
1,018
300
180
10
23,149
00
00
00
88
58
61
00
63
00
00
00
21
$483,645 91
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Security committee .
Profit and loss account
Taxes and insurance paid .
Cash on hand Oct. 30, 1909
$66,128
46,736
4,587
11,154
16,755
2,007
288,025
37,800
149
1,282
1,797
172
889
10
6,151
00
00
00
62
00
06
00
00
31
72
60
74
62
00
24
$483,645 91
D a t e o f E x a m in a t i o n , March 31, April 1, 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
107
COM M ISSIONER,
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
33 $191 84
June 1898
34
180 42
Dec. 1898
169 30
35
June 1899
158 52
36
Dec. 1899
148 07
June 1900
37
38
137 92
Dec. 1900
128 10
June 1901
39
118 55
40
Dec. 1901
41
109 26
June 1902
42
100 28
Dec. 1902
91 56
June 1903
43
44
83 10
Dec. 1903
74 90
June 1904
45
66 95
46
Dec. 1904
59 22
47
June 1905
48
51 72
Dec. 1905
44 44
June 1906
49
50
37 37
Dec. 1906
30 51
June 1907
51
52
23 85
Dec. 1907
June 1908
53
17 38
54
11 10
Dec. 1908
55
5 00
June 1909
Suspense dues
Due paid in advance .
in Force. T°tal Value.
13
112
358
346
383
378
457
547
607
415
449
419
538
395
536
543
781
625
850
1,086
1,497
1,500
1,947
$2,493
20,207
60,609
54,847
56,710
52,133
58,541
64,846
66,320
41,616
41,110
34,818
40,296
26,445
31,741
28,083
34,707
23,356
25,933
25,901
26,017
16,650
9,735
92
04
40
92
81
76
70
85
82
20
44
90
20
25
92
96
64
25
50
10
86
00
00
40 00
699 00
$843,865 44
Dues capital
Profits capital
Unpaid dues
.
$699,565 00
138,700 44
5,600 00
$843,865 44
108
REPORT
OF T H E
[Pub. Doc.
H O M E STE AD C O -O P E R A T IV E B A N K , BOSTON.
36 BROM FIELD STREET.
Incorporated September 11, 1877.
W a l t e r H . R o b e r t s , President.
Began business September 12, 1877.
D a n i e l E l d r e d g e , Secretary.
D a n i e l E l d r e d g e , Treasurer.
Board of Directors: E . P . B o s t w i c k , J. C. C o o k , J. W . C o u s in s , D a n i e l E l d r e d g e , W . D .
E l d r e d g e , A . F i t z m e y e r , J o s e p h H e n d r y , W . S. M a s o n , C. U . M e ig g s , H . P . O a k m a n ,
J. A . P a r k e r , W . H . R o b e r t s , J. M. S im p s o n , J a m e s W a t e r s , C h a r l e s W e s t , J o s e p h U t l e y .
Security Committee: J. C. C o o k , W . S. M a s o n , H. P. O a k m a n , W . H. R
oberts,
J. M. S im p s o n .
Regular meetings for receipt of moneys, the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Mortgage balance
Cash
. . .
L iabilities.
$561.050
21,550
14,361
617
3,187
291
550
51
14,483
00
00
14
96
50
15
63
00
00
90
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Retired share account
$616,143 28
00
37
00
11
64
36
50
419 32
971 73
1,478 25
$616,143 28
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$487,328
87,760
6,800
25,618
5,427
339
M em bersh ip.
.
.
.
.
1,718
1,214
25
340
123
9,654
3,236
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
192
197
1,145
294
Profits D istributed.
First term, 2 ^ % ; second term, 2\% .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
Rates an d A verages on Loans, O ctober 30, 1909.
231 real estate loans (average, $2,428.78 each; average rate, 5 .2 1 % ) : 5 % , $369,200; 5 1 % , $58,700;
51 % , $49,400; 5J% , $40,200; 6 % , $35,150; 6.30% , $200; 61% , $4,200; 61 % , $2,000; 7 % ,
$ 2 , 000 .
86 share loans (average, $250.58 each; average rate, 5 .5 2 % ) : 5 % , $6,250; 5 1 % , $2,900; 51 % ,
$3,100; 51% , $4,150; 6 % , $4,000; 61% , $350; 61 % , $50; 6 1% , $700; 7 % , $50.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,100.00
3.41
Other Expenses.
Total.
$1,541.54
$3,641.54
2 .5 0
5.91
BANK
No. 8.]
CO M M ISSION ER
R eceipts an d D isbursem en ts, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares ._
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Matured share account
Dues capital
Mortgage balance
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
$112,485 00
4,500 00
14,400
78,300
17,750
6,769
5,605
31,446
5
1,678
5
1,759
12
4
49,712
7,766
36
83
42
3,908
00
00
00
91
74
27
30
94
25
23
75
82
41
64
00
26
93
01
$336,272 46
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. 1Series. per Share. in îbirce. Tota^Value.
41 $199 37
40
$7,974 80
Sept. 1897
Mar. 1898
42
41
188 47
7,727 27
43
65
11,566 10
Sept. 1898
177 94
Mar. 1899
44
18,100 80
167 60
158
Sept. 1899
45
157 59
264
41,603 76
Mar. 1900
302
46
147 81
44,638 62
Sept. 1900
47
138 30
233
32,223 90
Mar. 1901
129 02
35,738 54
48
277
119 97
434
52,066 98
Sept. 1901
49
Mar. 1902
111 13
33,005 61
50
297
102 52
19,786 36
Sept. 1902
193
51
Mar. 1903
52
94 10
27,571 30
293
62
282
Sept. 1903
85
91
24,226
53
Mar. 1904
54
77 93
368
28,678 24
95
1904
70
15
19,150
Sept.
55
273
62 55
35,403 30
Mar. 1905
566
56
21,118 62
55 14
383
Sept. 1905
57
28,362 72
592
Mar. 1906
58
47 91
18,750 15
459
Sept. 1906
59
40 85
25,409 56
Mar. 1907
60
33 97
748
14,687 75
27
25
539
Sept. 1907
61
13,682 70
Mar. 1908
62
661
20 70
32
14
772
11,047
31
1908
Sept.
63
5,696 40
Mar. 1909
64
705
8 08
2 00
759
1,518 00
Sept. 1909
65
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Profits capital
Forfeited share account
Retired share account
Matured share account
Personal accounts
Mortgage balance
Surplus
.
.
.
.
Dues capital
Cash on hand Oct. 30, 1909 .
$47,694
537
41,697
17,950
7,038
51
11,745
6,614
106,600
12,450
3,410
4,630
927
3,641
15
41
48,604
7,766
175
134
36
27
14,483
00
00
00
00
65
01
45
36
00
00
00
91
61
54
93
45
75
64
00
26
00
00
90
$336,272 46
D a t e o f E x a m in a t i o n , March 22, 23, 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
109
Dues paid in advance
377 00
$580,113 37
Dues capital
Profits capital
Unpaid dues
.
$487,328 00
87,760 37
5,025 00
$580,113 37
110
REPORT
OF T H E
[Pub. Doc.
H O U SATO N IC C O -O P E R A T IV E B A N K , H O U SATO N IC.
DEPOT STREET.
Incorporated June 12, 1889.
Began business July 1, 1889.
D . C. K i l l e e n , Secretary.
N a t h a n i e l W a r n e r , President.
D . C. K i l l e e n , Treasurer.
Board of Directors: T. E. B r o w n , E. C. H e r r i c k , A r t h u r K i n n e , R. H. M cD o n a l d , F. M. M o o r e ,
R. N. O r t o n , J. A. P r a t t , E. S. T h a t c h e r , E. F. W e r n e r .
Security Committee: T. E. B r o w n , R. H. M cD o n a l d , F. M. M o o r e .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
$83,475
3,000
172
25
22
00
00
43
16
61
$73,309
12,942
436
7
Dues capital
Profits capital
Guaranty fund
Surplus
$86,695 20
$86,695 20
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
M em bersh ip.
.
.
.
.
.
.
.
00
55
05
60
.
.
.
.
.
.
.
.
364
347
19
1,554
521
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
31
33
236
76
Profits D istributed.
First term, 2$% ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 5 years old; after
5 years, none.
Rates an d A verages on Loans, October 30, 1909.
62 real estate loans (average, $1,346.37 each; average rate, 5 .1 4 % ) : 5 % , $59,650; 5 i % , $1,000;
5 i % , $20,775; 5 f % , $1,450; 6 % , $600.
15 share loans (average, $200 each; average rate, 5 .1 0 % ) ; 5 % , $2,450; 5 £ % , $450; 5 f % , $100.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$180.00
2.0 8
Other Expenses.
$74.55
.86
Total.
$254.55
2.9 4
CO M M ISSION ER.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans repaid
.
Share loans repaid
.
.
Notes and bonds
.
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
.
.
Cash on hand Oct. 31, 1908
.
.
.
.
.
.
.
.
.
$18,943 00
8,350 00
5,000 00
5,000 00
4,302 21
83 39
75
84 07
11,649 69
$53,413 11
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Notes and bonds
Temporary expense .
Cash on hand Oct. 30, 1909
$12,321
2,755
1,855
1,054
25,750
4,400
5,000
254
22
00
00
06
89
00
00
00
55
61
$53,413 11
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$800 72
4
Nov. 1897
$200
18
17
2,318 29
13
178 33
Nov. 1898
19
32
1,342
79
8
20
167
May 1899
6,459 14
41
21
157 54
Nov. 1899
•
3,394
11
22
57
23
1900
147
May
2,481 84
18
137 88
Nov. 1900
23
60
2,568
20
24
128 43
May 1901
4,054 16
34
25
119 24
Nov. 1901
7,719 60
70
26
110 28
May 1902
2,843 40
28
101 55
Nov. 1902
27
80
7,071
76
05
28
93
May 1903
4,492 81
53
84 77
Nov. 1903
29
32
5,674
74
76 68
30
May 1904
6,467 20
94
31
68 80
Nov. 1904
2,934
24
32
48
61 13
May 1905
5,593 90
95
53 62
Nov 1905
33
4,396
60
95
34
46
28
May 1906
4,147 78
106
39 13
35
Nov. 1906
4,857 67
32 17
151
36
May 1907
3,810 00
150
37
25 40
Nov. 1907
1,053 36
56
38
18 81
May 1908
1,559 88
12 38
126
Nov. 1908
39
1,044 81
11
40
6
171
May 1909
Dues paid in advance
25
1o
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
Ill
1O
BANK
N o. 8.]
$86,611 55
Dues capital
Profits capital
Unpaid dues
.
$73,309 00
12,942 55
360 00
$86,611 55
D a t e o p E x a m in a t i o n , October 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
112
REPORT
OF T H E
[Pub. Doc.
H U D SO N C O -O P E R A T IV E B A N K , H U D SO N .
60
M A IN STREET.
Incorporated October 22, 1885.
A r t h u r T. K n i g h t , President.
Began business November 19, 1885.
C h a r l e s E. B e n n e t t , Secretary.
S a v i l l i a n A r n o l d , Treasurer.
Board of Directors: J. H. B a r r e t t , F. E. B r o w n , R. H. H a p g o o d , R. S. L a m s o n , E. S. L o c k e ,
C. A . P a c k a r d , C. H. P e r s o n s , C. J. S a w y e r , A l so n T a y l o r , T h o m a s T a y l o r , N. G. T r i p p ,
J. N. T o w e r , 0. F. W e l c h , B . F. W h e e l e r .
Security Committee: R. H. H a p g o o d , R. S. L a m s o n , N. G. T r i p p .
Regular meetings for receipt of moneys the third Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Cash
.
.
.
.
.
$295,225
18,800
200
1,066
13,281
00
00
00
90
29
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
00
20
00
53
31
05
10
$328,573 19
$328,573 19
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$267,656
49,342
6,300
5,070
179
7
18
.
.
.
1,020
789
17
143
5,132
1,936
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
f
191
147
724
296
P rofits D istributed.
First term, 2 ^ % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d A verages o n Loans, O ctober 30, 1909.
248 real estate loans (average, $1,190.42 each; average rate, 5 .5 6 % ) : 5 4 % , $255,025; 6 % , $40,200.
68 share loans (average, $276.47 each; average rate, 5 .5 2 % ) : 5 4 % , $17,900; 6 % , $900.
T ota l Expenses for^Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,151.40
3.5 0
Other Expenses.
Total.
$608.12
$1,759.52
1.8 5
5.35
BANK
No. 8.
COM M ISSIONER.
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Temporary expense .
Forfeited share account
Personal accounts
Cash on hand Oct. 31, 1908
$64,810 00
2,400 00
9,800
33,625
7,730
2,534
17,834
600
987
20
9
592
38
14,075
00
00
00
55
96
45
25
54
54
37
42
87
11
$155,059 06
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Forfeited share account
Personal accounts
Cash on hand Oct. 30, 1909
$29,505
623
21,099
3,847
82
7,854
62,100
11,725
2,541
1,768
592
38
13,281
00
00
00
05
19
46
00
00
89
89
42
87
29
$155,059 06
D a t e o f E x a m in a t i o n , October 6.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
113
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. inForcSe.TotalValue$13,768 30
70
25 $196 69
1897
12,088 05
65
26
185 97
1898
10,709 16
175 56
61
1898
27
98
16,197 44
28
165 28
1899
109
16,929 88
155 32
1899
29
8,011 85
55
145 67
1900
30
11,174 14
82
1900
31
136 27
102
12,950 94
32
1901
126 97
114
13,459 98
33
118 07
1901
18,133 84
166
1902
34
109 24
13,688 40
136
1902
100 65
35
23,334 19
92 23
253
36
1903
21,595 71
84 03
257
1903
37
12,697 01
76 03
167
1904
38
201
13,716 24
1904
39
68 24
235
14,243 35
40
60 61
1905
21,963 34
413
1905
41
53 18
16,216 82
42
353
1906
45 94
11,388 91
293
38 87
1906
43
15,670 20
490
44
1907
31 98
6,792 25
269
25 25
45
1907
4,057 90
18 70
217
1908
46
12 31
514
6,327 34
1908
47
412
2,504 96
6 08
1909
48
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Dues paid in advance
627 00
$318,247 20
Dues capital
Profits capital
Unpaid dues
.
$267,656 00
49,342 20
1,249 00
$318,247 20
REPORT
114
OF
THE
[Pub. Doc.
H Y D E PA R K C O -O P E R A T IV E B A N K , H Y D E PA R K .
7 WEST R IV E R STREET.
Incorporated March 26, 1886.
G e o r g e M i l e s , President.
Began business May 5, 1886.
G e o r g e T. B r a d t , Secretary.
G e o r g e T. B r a d y , Treasurer.
Board of Directors: H . E . A s t l e y , L . M . B i c k f o r d , H a r r y C o l l in s , H e n r y C o t t e r , A l b e r t
D a v e n p o r t , H o w a r d J e n k i n s , E . C. J e n n e y , E . W . L e w i s , J. S. L o v e j o y , G e o r g e M i l e s ,
R. P. M o s e l y , C. F. M o r r is o n , J. E . S h e r i d a n .
Security Committee: H o w a r d J e n k i n s , E . W . L e w i s , R. P. M o s e l y .
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
A ssets.
Loans on real estate .
Loans on shares
Common form mortgages .
Real estate by foreclosure, etc.
Unpaid fines
Permanent expense account
Temporary expense account
Insurance and taxes paid .
Cash
.
.
.
.
.
$397,300
29,570
8,900
1,047
12
334
484
22
11,950
00
00
00
26
02
75
66
00
56
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Transfer fees
Withdrawal profits
Personal accounts
Mortgage balance
.
00
31
27
52
36
00
80
75
24
$449,621 25
$449,621 25
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$370,258
68,936
3,693
3,708
2,586
1
260
39
137
.
.
.
.
1,837
1,066
14
40
91
7,773
2,465
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
238
174
1,093
336
Profits D istributed.
First term, 2 4 % ; second term, 2 4 % .
Proportion of profits retained on voluntary withdrawals, 2 5% .
R ates and A verages o n Loans, October 30, 1909.
229 real estate loans (average, $1,734.93 each; average rate, 5 .0 7 % ) : 5 % , $348,900; 5 1 % , $19,750;
5 4 % , $6,150; 5 £ % , $12,200; 6 % , $7,000; 64 % , $1,200; 6 4 % , $2,100.
107 share loans (average, $276.36 each; average rate, 5 .2 8 % ) : 5 % , $18,740; 51 % , $3,100; 5 4 % ,
$2,680; 5 f % , $410; 6 % , $1,920; 61% , $1,440; 64 % , $630; 6 f % , $550; 8 f % , $100.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.........................................
Salaries.
$1,880.00
4.1 8
Other Expenses.
Total.
$500.47
$2,380.47
1.11
5 .2 9
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
$88,725 00
2,800 00
5,850
65,000
11,170
6,873
22,282
4
1,091
4
1,157
2
127
61
46
817
415
00
00
00
97
75
53
48
25
56
45
47
34
00
95
20
$206,429 95
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Permanent expense
Forfeited share account
Cash on hand Oct. 30, 1909
$35,672
126
5,776
13,443
4,630
9
2,096
4,778
103,850
14,200
3,400
3,441
223
2,380
323
127
11,950
00
00
00
00
96
80
80
14
00
00
00
14
86
47
75
47
56
$206,429 95
D a t e o f E x a m in a t i o n , June 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A cco u n t w ith Dues
and P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Personal accounts
Security committee .
Mortgage balance
Cash on hand Oct. 31, 1908
115
COM M ISSIONER,
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
Value
per Share. inSf e ece.TotalVa,ue124
$24,584 24
$198 26
112
20,993 28
187 44
26,542 50
150
176 95
166 75
108
18,009 00
116
18,194 60
156 85
178
26,205 16
147 22
137 78
118
16,258 04
134
128 55
17,225 70
191
22,845 51
119 61
280
110 85
31,038 00
102 28
157
16,057 96
93 92
307
28,833 44
154
85 77
13,208 58
297
23,118 48
77 84
231
16,188 48
70 08
14,002 24
62 51
224
55 11
260
14,328 60
18,581 32
47 89
388
40 84
316
12,905 44
522
17,727 12
33 96
10,872 75
27 25
399
712
20 70
14,738 40
14 31
709
10,145 79
7,845 68
971
8 08
2 00
1,230 00
615
Dues paid in advance
323 00
$442,003 31
Dues capital
Profits capital
Unpaid dues
$370,258 00
68,936 31
2,809 00
$442,003 31
116
REPORT
OF
THE
[Pub. Doc.
L A F A Y E T T E C O -O P E R A T IV E B A N K , F A L L R IV E R .
86 BEDFORD STREET.
Incorporated April 11, 1894.
Began business May 2, 1894.
W i l l i a m F. W i n t e r , Secretary.
J o h n B . H u a r d , President.
W i l l ia m F. W i n t e r , Treasurer.
Board of Directors: H o m e r B a r r e , J. C. B r a d y , A. B . B r a y t o n , E d m o n d C o t e , A. S. F u r t a d o .
A n t o in e G i r o u x , J. B. H u a r d , J. E. H u a r d , A. S. L e t o u r n e a u , W i l l ia m M a r s h a l l , J o s e p h
M e n a r d , N a t h a n M i l l e r , C. E. P e l o q u i n , A. S. P h i l l ip s , R. C. S m a l l , J r., W . F. W i n t e r ,
Security Committee: J. B. H u a r d , N a t h a n M i l l e r , C. E. P e l o q u i n .
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Unpaid interest
Temporary expense account
Cash
.
.
.
.
.
$180,100
5,700
248
447
7,906
00
00
25
94
56
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Forfeited share account
.
$160,155
22,435
2,108
4,486
5,100
98
18
$194,402 75
00
58
75
35
68
39
00
$194,402 75
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
2,150
1,173
63
4,836
1,132
.
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
212
121
465
97
Profits D istributed.
First term, 2 £ % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d Averages on Loans, O ctober 30, 1909.
80 real estate loans (average, $2,251.25 each; average rate, 5£ % ) : 5J% , $180,100.
25 share loans (average, $228 each; average rate, 5 i % ) : 5£ % , $5,700.
T ota l Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$657.98
3.3 8
Other Expenses
$171.34
.88
Total.
$829.32
4 .2 6
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem en ts, Y ear ending
•
O ctober 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Interest .
.
.
.
Fines
.
.
.
.
Real estate suspense .
Cash on hand Oct. 31, 1908
36,500
5,750
15,405
10,102
186
3,867
4,758
00
00
61
54
68
61
18
$130,852 62
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Interest .
.
.
.
Temporary expense .
Real estate suspense .
Cash on hand Oct. 30, 1909
$32,576
9,261
4,279
3,378
44,700
7,800
16,122
131
829
3,867
7,906
00
00
54
48
00
00
61
50
32
61
56
$130,852 62
117
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share. i X Sce.TotalValuc$192
44
$5,003 44
26
Nov. 1897
8
12,181 27
9
181 81
67
May 1898
20
3,429 40
Nov. 1898
10
171 47
7,909 58
49
11
161 42
May 1899
84
12
68
88
13,347
Nov. 1899
151
10,664 25
142 19
75
May 1900
13
54
132
94
41
5,450
14
Nov. 1900
30
3,717 30
15
123 91
May 1901
27
57
6,561
16
115 11
Nov. 1901
125
13,313 75
106 51
17
May 1902
4,022 92
41
98 12
Nov. 1902
18
36
3,237 84
19
89 94
May 1903
5,573 28
81
96
68
Nov. 1903
20
3,782 67
51
21
74 17
May 1904
52
3,461 64
22
66 57
Nov. 1904
11,240 40
190
23
59 16
May 1905
6,075 81
24
117
Nov. 1905
51 93
9,736 79
44 87
217
25
May 1906
00
300
11,397
26
37 99
Nov. 1906
320
10,006 40
27
31 27
May 1907
72
72
8,058
24
326
Nov. 1907
28
11,034 66
602
18 33
29
May 1908
4,944
81
12
09
409
30
Nov. 1908
9,174 00
6 00 1,529
31
May 1909
Dues paid in advance
45 00
$183,370 58
Dues capital
Profits capital
Unpaid dues
.
$160,155 00
22,435 58
780 00
$183,370 58
D a t e o f E x a m in a t i o n , July 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Insurance and taxes .
Profits capital .
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
$129,668
2,450
3,750
148,800
26,515
2,451
30,699
1,000
3
900
2
118
34
123
3,903
$350,421 91
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
Real estate by foreclosure
Interest .
.
.
.
Temporary expense .
Permanent expense
Surplus
.
.
.
.
Fines repaid
.
.
.
Cash on hand Oct. 30, 1909
.
.
$98,462
928
16,157
16,167
345
5,911
187,150
19,985
1,639
115
2,308
15
.
.
1
1,235
$350,421
D a t e o p E x a m in a t i o n , May 4, 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
119
CO M M ISSION ER.
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$20,437 04
104
20 $196 51
Nov. 1897
52
9,655 36
21
185 68
May 1898
152
26,615 20
22
175 10
Nov. 1898
29,346
86
178
164 87
23
May 1899
24,009 50
155
154 90
24
Nov. 1899
18,440 40
127
145 20
25
May 1900
32,444 25
239
135 75
26
Nov. 1900
25,179 47
199
126 53
27
May 1901
41,010 99
349
117 51
28
Nov. 1901
50,029 60
460
108 76
29
May 1902
38,584 70
385
100 22
30
Nov. 1902
44,735 82
487
91 86
31
May 1903
24,694 45
295
32
83 71
Nov. 1903
26,219 88
346
75 78
33
May 1904
16,125 48
237
34
68 04
Nov. 1904
35,133 07
581
60 47
35
May 1905
436
23,147 24
36
53 09
Nov. 1905
25,371 64
553
45 88
37
May 1906
19,225 80
495
38 84
38
Nov. 1906
754
24,097 84
39
31 96
May 1907
17,094 25
677
25 25
40
Nov. 1907
13,370 50
715
18 70
41
May 1908
12,950 12
12 31 1,052
42
Nov. 1908
9,831 36
6 08 1,617
43
May 1909
246 00
Dues paid in advance
$607,996 82
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
• $512,576 00
92,980 82
2,440 00
$607,996 82
120
REPORT
OF
THE
[Pub. Doc.
L E O M IN ST E R CO -O P E R A TIV E B A N K , LE O M IN ST E R .
30 M A IN STREET.
Incorporated May 8, 1888.
J o s e p h P . H o l m a n , President.
J. W
ard
Began business May 18, 1888.
H e a l e y , Secretary.
J. W a r d H e a l e y , Treasurer.
Board of Directors: R. B . A n d r e w s , C. E. B ig e l o w , L. W . B r o w n i n g , R. L. C a r t e r , H . R. D a v i s ,
F . S. F a r n s w o r t h , J. W . H e a l e y , J. P . H o l m a n , E. F . P i e r c e , F . J. S h a w , C. H . T e n n e y ,
F. W . T e n n e y.
Security Committee: C. E. B i g e l o w , F. S. F a r n s w o r t h , E. F. P i e r c e .
Regular meetings for receipt of moneys the third Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Cash
.
.
.
.
L iabilities.
.
$418,430
16,240
618
12,997
00
00
90
64
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
.
$448,286 54
00
85
69
00
$448,286 54
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$376,537
65,170
2,078
4,500
M em bership.
.
.
.
.
1,966
1,485
87
8,129
2,724
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
286
177
980
291
Profits D istributed.
First term, 2 £ % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, 10% .
Rates and A verages on Loans, October 30, 1909.
234 real estate loans (average, $1,788.16 each; average rate, 5 .4 3 % ) : 5 % , $236,580; 6 % , $181,850.
57 share loans (average, $284.91 each; average rate, 5 .5 7 % ) : 5 % , $6,905; 5£% ,.$50; 6 % , $9,285.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$900.00
2.0 1
Other Expenses.
$440.69
.98
Total.
$1,340.69
2.9 9
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
$99,423
81,500
15,470
23,055
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Temporary expense .
Guaranty fund .
.
.
.
Cash on hand Oct. 31, 1908
616
3
665
215
12,981
00
00
00
36
15
08
50
73
63
56
95
$233,931 96
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured.
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Profit and loss .
.
.
.
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
$52,232
12,917
6,637
4,535
129,050
13,535
339
1,556
129
.
00
00
89
96
00
00
84
32
75
56
12,997 64
121
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share. in Uvee. T°tal Value.
Nov. 1897
20 $196 24
95
$18,642 80
21
185 42
May 1898
93
17,244 06
22
Nov. 1898
174 98
130
22,747 40
23
164 78
May 1899
57
9,392 46
24
154 90
102
Nov. 1899
15,799 80
25
145 21
99
May 1900
14,375 79
Nov. 1900
26
135 78
148
20,095 44
May 1901
27
126 58
81
10,252 98
232
Nov. 1901
28
117 58
27,276 24
29
108 81
May 1902
190
20,673 90
30
Nov. 1902
100 27
254
25,468 58
91 94
May 1903
31
278
25,559 32
32
Nov. 1903
83 79
231
19,355 49
May 1904
33
75 85
159
12,060 15
34
Nov. 1904
68 09
270
18,384 30
60 49
May 1905
35
433
26,192 17
36
Nov. 1905
37,421 40
53 08
705
37
464
May 1906
45 86
21,279 04
521
Nov. 1906
38
38 82
20,225 22
39
31 94
May 1907
557
17,790 58
Nov. 1907
40
25 23
506
12,766 38
41
18 69
May 1908
735
13,737 15
Nov. 1908
42
12 31
796
9,798 76
May 1909
43
6 08
993
6,037 44
Dues paid in advance
$233,931 96
594 00
$443,170 85
Dues capital
Profits capital
Unpaid dues
.
$376,537 00
65,170 85
1,463 00
$443,170 85
D a t e o f E x a m in a t i o n , October 8,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
122
REPORT
OF
THE
[Pub. Doc
L IN C O L N CO -O PER ATIVE B A N K , L Y N N .
191 NORTH COMMON STREET.
Incorporated April 7, 1909.
Began business April 26, 1909.
W i l l ia m M. B a r n e y , President. E d w a r d M. B a r n e y , Secretary. E d w a r d M. B a r n e y , Treasurer.
Board of Directors: E. E. B o y e r , G. H. B r e e d , E. P . B u t t e r f i e l d , T h o m a s C a m p b e l l , 2 d , W .
A. C a m p b e l l , T. S. D u m a s , J. M. H o l d e r , W . M. N y e , H. A. P a r k e r , A. E. Q u i c k , H. A.
islS w e t t , C. E. W i l k i n s , C. G. W o o d b r id g e .
. . ._____
Security Committee: W . M. B a r n e y , W . A. C a m p b e l l , C. E. W
il k in s .
Regular meetings for receipt of moneys the last Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
L iabilities.
o
o
N
Tfî
Loans on real estate .
Loans on shares
Permanent expense account
Cash
.
.
.
.
00
25 00
172 35
25 52
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
.
Interest .
.
.
Pines
.
.
Withdrawal profits
.
.
M em b ersh ip.
.
.
.
.
39
42 04'
90
1 02
$4,422 87
Shares.
.
2 00
.
.
$4,422 87
Issued during year
.
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$4,331 00
45 52
.
.
.
.
.
.
.
843
69
784
36
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
109
7
102
4
Profits D istributed.
First term, l i % ; second term, 1\%.
Proportion of profits retained on voluntary withdrawals, the whole of last dividend.
R ates an d A verages o n Loans, October 30, 1909.
4 real estate loans (average, $1,050 each; average rate, 5 .6 4 % ) : 5 i % , $2,900; 6 % , $1,300.
1 share loan (rate, 6 % ) : 6 % , $25.
T otal E xpenses fo r Year.
Salaries.
Amount paid for
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Other Expenses.
$172.35
Total.
$172.35
No. 8.]
BANK
CO M M ISSION ER.
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Interest .
.
Fines
.
.
Withdrawal profits
.
.
.
.
$4,560
88
3
1
00
35
86
72
$4,653 93
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
Apr.
July
Oct.
1909
1909
1909
220 00
$4,613 52
$229
2
4,200
25
172
25
00
06
00
00
35
52
$4,653 93
D a t e o f E x a m in a t i o n , November 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1
2
3
^5
Value
Shares T . ,
per Share, in Force. Total Value$7 08
544
$3,851 52
4 02
402 00
1001
1 00
1401
140 00
Dues paid in advance
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn
Real estate loans
Share loans
Permanent expense .
Cash on hand Oct. 30, 1909
123
Dues capital
Profits capital
Unpaid dues
$4,331 00
45 52
237 00
$4,613 52
124
REPORT
OF
THE
[Pub. Doc.
L O W E L L CO -O P ER ATIV E B A N K , L O W E L L .
53 CENTRAL STREET.
Incorporated April 29, 1885.
Began business May 14, 1885.
A r t e m a s B . W o o d w o r t h , President. W i l l ia m D. B r o w n , Secretary. W i l l i a m D. B r o w n , Treasurer.
Board of Directors: F. E. A p p l e t o n , E. S. B ic k f o r d , G. W . B r o t h e r s , W . D. B r o w n , T h o m a s
C o l l in s , S o u t h w e l l F a r r in g t o n , O. H. P . G r e e n , J. O. G u l l i n e , J o h n K e r r , S. R . K i t c h e n ,
J a m e s M u r k l a n d , G. C. O s g o o d , W . H. P e n n , W . F. S a n b o r n , C. L . S m it h , G. H. T a y l o r ,
A. B . W oo dw orth .
Security Committee: S o u t h w e l l F a r r in g t o n , W . F . S a n b o r n , G . H . T a y l o r .
Regular meetings for receipt of moneys the first Friday after the tenth of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Cash
.
.
.
.
Liabilities.
.
$616,440
30,700
460
3,788
1
308
34,360
00
00
36
36
35
30
10
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$686,058 47
00
77
83
87
$686,058 47
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$577,635
101,505
3,612
3,304
M em bersh ip.
.
.
.
.
3,387
1,657
5
291
12,655
4,084
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
462
251
1,847
562
P rofits D istributed.
First term, 2 £ % ; second term, 2 i% .
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 4 years old; 10%
on series over 4 years old.
Rates an d A verages o n Loans, October 30, 1909.
421 real estate loans (average, $1,464.22 each; average rate, 5 .0 1 % ) : 5 % , $604,240; 51 % , $10,800;
6 .3 0 % , $1,400.
141 share loans (average, $217.73 each; average rate, 5 .0 8 % ) : 5 % , $24,955; 5 1% , $3,920; 54% ,
$1,000; 51 % , $415; 6 1 % , $300; 7 % , $60; 8 % , $50.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,791.18
2.61
Other Expenses. Total.
$804.10
$2,595.28
1.1 7
3.78
BANK
No. 8.]
00
R e c e ip t s .
m
►
K
5°
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
Dues capital
.
.
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Temporary expense .
Cash on hand Oct. 31, 1908
Date of Issue. Series.
950 00
8,500
76,960
13,195
772
31,596
11
965
6
959
6
400
26,626
00
00
00
01
27
45
55
50
10
66
44
09
D is b u r s e m e n t s .
.
$59,882
275
43,650
8,444
66
16,188
127,135
16,443
626
2,995
34,360
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
00
$310,067 07
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Cash on hand Oct. 30, 1909
125
COM M ISSIONER,
00
00
00
96
60
14
00
00
55
72
10
$310,067 07
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Value
per Share.
$204 91
193 92
183 28
172 90
162 86
153 11
143 60
134 33
125 29
116 47
107 87
99 45
91 22
83 25
75 36
67 72
60 22
52 91
45 75
38 74
31 90
25 21
18 68
12 31
6 08
Dues paid in advance
Shares
in Force. Total Value.
106
$21,720 46
134
25,985 28
31,340 88
171
105
18,154 50
240
39,086 40
102
15,617 22
43,941 60
306
22,836 10
170
35,707 65
285
230
26,788 10
34,302 66
318
312
31,028 40
27,001 12
296
27,722 25
333
20,799 36
276
435 . 29,458 20
37,878 38
629
599
31,693 09
615
28,136 25
32,270 42
833
27,434 00
860
30,378 05
1,205
17,820 72
954
1,380
16,987 80
10,706 88
1,761
146 00
$684,941 77
Dues capital
Profits capital
Unpaid dues
$577,635 00
101,505 77
5,801 00
$684,941 77
D a t e o f E x a m in a t i o n , A p ril 7, 8, 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
126
REPORT
OF
THE
[Pub. Doc.
L Y N N CO -OPER ATIVE B A N K , L Y N N .
343 UNION STREET.
Incorporated November 18, 1891.
J o s e p h W . H a r d in g , President.
Began business November 23, 1891.
R a l p h W . P u t n a m , Secretary.
R a l p h W . P u t n a m , Treasurer.
Board of Directors: F. D. M a t o , H. R. M a y o , H. L. N i l e s , I. W . P e r k in s , G. E. P o w e r s , W . F.
R e e d , F. A. S m it h , F. A. T r a f t o n , F. E. W e l l s , E. S. W h i t n e y .
Security Committee: J. W . H a r d in g , F. D. M a y o , R. W . P u t n a m .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Permanent expense account
Cash
.
.
.
.
L iabilities.
.
$319,004
13,258
496
1
200
1,767
00
00
46
86
00
82
Dues capital
Profits capital
Guaranty fund
Surplus
.
Forfeited share
.
.
.
.
.
.
.
.
.
.
.
account
.
.
.
.
.
$334,728 14
00
79
00
47
88
$334,728 14
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$296,768
35,972
780
1,111
95
.
.
.
.
3,329
2,099
1
20
8,920
2,231
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
344
220
1,005
232
P rofits D istributed.
First term, 2 £ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d A verages on Loans, O ctober 30, 1909.
183 real estate loans (average, $1,743.17 each; average rate, 5 .4 0 % ) : 5 % , $61,813; 5 i % , $3,500;
5 i % , $251,391; 6 % , $2,300.
71 share loans (average, $186.73 each; average rate, 5 .4 9 % ) : 5 % , $300; 5 i% , $12,958.
T ota l E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$630.25
1.88
Other Expenses.
• $446.99
1.34
Total.
$1,077.24
3.2 2
BANK
No. 8.]
CO M M ISSION ER.
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
$107,223
39,035
19,543
15,771
299
1
15
4,770
00
00
00
08
63
00
00
28
$186,657 99
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Permanent expense
Forfeited share account
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Personal accounts
Cash on hand Oct. 31, 1908
$52,056
1
2,960
4,972
1,045
107,284
15,390
45
1,077
50
8
1,767
00
00
00
22
31
80
00
00
60
24
00
00
82
127
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
13
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
Value
Shares
per Share. in Force.
$196 33
5
164 99
30
155 08
1
21
145 37
135 93
101
126 70
43
117 72
75
108 95
158
100 37
163
92 00
179
83 85
187
250
75 88
339
68 09
60 51
348
53 10
445
45 88
535
797
38 84
857
31 96
916
25 25
754
18 70
12 31 1,281
6 08 1,435
Total Value.
$981
4,949
155
3,052
13,728
5,448
8,829
17,214
16,360
16,468
15,679
18,970
23,082
21,057
23,629
24,545
30,955
27,389
23,129
14,099
15,769
8,724
65
70
08
77
93
10
00
10
31
00
95
00
51
48
50
80
48
72
00
80
11
80
195 00
Dues paid in advance
$334,415 79
$186,657 99
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
.
.
$296,768 00
35,972 79
1,675 00
$334,415 79
D a t e o f E x a m in a t i o n , November 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
128
REPORT
OF TH E
[Pub. Doc.
M A L D E N C O -O P E R A TIV E B A N K , M A L D E N .
48
PLEASANT STREET.
Incorporated April 27, 1887.
L y m a n H. R ic h a r d s , President.
Began business May 9, 1887.
J o h n M. C o r b e t t , Secretary.
J o h n M. C o r b e t t , Treasurer.
Board of Directors: H. H. B a r r e t t , W . H. C o n v e r s e , A l e x a n d e r G r a n t , A . P. H a r d y , G. A.
jjsi H e n n e b e r r y , ,1. M. K e e n , W . O. L o v e l l , L l o y d M a k e p e a c e , W i l l ia m N i e d n e r , C. S.
ffiGL N o r r is , M. S. O ’D o n n e l l , L. W . P i l l s b u r y , E. S. S t a c k p o l e , E. A. S t e v e n s , E. B. S t i l e s .
Security Committee: W . H . C o n v e r s e , A l e x a n d e r G r a n t , M . S. O ’D o n n e l l .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Liabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure,
Unpaid interest
Unpaid fines
Insurance and taxes paid
Cash
$615,160
34,100
8,828
1,242
2,841
150
105
19,338
00
00
00
06
50
00
43
73
Dues capital
Profits capital .
Guaranty fund .
Surplus
Matured share account
$565,791
102,715
4,703
8,351
203
$681,765 72
00
95
74
56
47
$681,765 72
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Matured during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
2,418
1,303
258
11,307
3,887
.
.
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
281
146
1,473
485
Profits Distributed.
First term, 2
;
second term, 2 1 % .
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 7 years old;
15% on series over 7 years old.
Rates and A verages on Loans, O ctober 30, 1909.
433 real estate loans (average, $1,420.69 each; average rate, 5 .0 8 % ) ; 5 % , $535,135; 5 1 % , $50,050;
5 f % , $350; 6 % , $11,725; 6 .2 0 % , $1,200; 6 .3 0 % , $300; 61 % , $7,600; 61 % , $3,700; 7 % ,
$2,600; 7 1 % , $2,500.
164 share loans (average, $207.93 each; average rate, 5 .1 8 % ) ; 5 % , $24,070; 5 1 % , $6,870; 5 1 % ,
$280; 5 f % , $250; 6 % , $530; 6 1% , $850; 7 % , $900; 7 1 % , $350.
T otal Expenses for Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$1,850.00
2.71
Other Expenses.
$1,142.81
1.68
Total.
$2,992.81
4 .3 9
No. 8.]
BANK
COM M ISSIONER,
R eceipts an d D isbursem ents, Year ending
October 30, 1909.j
$292,587 75
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Insurance and taxes .
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
$146,851 00
Dues capital
.
.
Real estate loans eliminated by
4,700 00
maturity of shares .
74,875 00
Real estate loans repaid
14,845 00
Share loans repaid
32,723 85
Interest .
.
.
.
8 60
Premiums
1,263 97
Fines
.
.
.
.
8 25
Transfer fees
1,309 16
Withdrawal profits
164 51
Insurance and taxes .
15,838 41
Cash on hand Oct. 31, 1908
.
.
$62,443
38,520
6,732
13,740
133,775
14,980
38
16
2,992
4
5
19,338
00
00
79
49
00
00
52
99
81
42
00
73
129
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Value
per Share. in Force. TotalV^
$203 41
163
$33,155
192 67
138
26,588
182 17
182
33,154
212
171 99
36,461
162 09
22,692
140
152 47
39,032
256
143 02
139
19,879
133 88
291
38,959
124 91
164
20,485
116 17
104
12,081
262
107 64
28,201
321
99 30
31,875
26,701
91 13
293
402
83 14
33,422
75 35
418
31,496
36,354
67 70
537
26,802
60 23
445
52 93
569
30,117
712
32,602
45 79
28,665
38 79
739
31 95
848
27,093
25 27
800
20,216
18 72
900
16,848
12 33
999
12,317
7,752
6 09 1,273
Dues paid in advance
.
83
46
94
88
60
32
78
08
24
68
68
30
09
28
30
90
35
17
48
81
60
00
00
67
57
536 00
$673,495 01
$292,587 75
Dues capital
Profits capital .
Unpaid dues
Suspense profits
.
.
$565,791
102,715
4,979
9
00
95
00
06
$673,495 01
D a t e o p E x a m in a t i o n , May 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
130
OF T H E
[Pub. Doc.
M A N SF IE L D CO-OPER ATIVE B A N K , M A N SF IE L D .
106 NORTH M A IN STREET.
Incorporated March 10, 1883.
W i l l i a m C. W i n t e r , President.
Began business March 21, 1883.
A l f r e d B. D a y , Secretary.
A l f r e d B. D a y , Treasurer.
Board of Directors: J. R. A l l e n , G. H . B r a g g , C. N. C r a n e , T . J. F o x , J. O. H o d g e s , H . E. K i n g ,
S. C. L o v e l l , W . M. L o w n e y , A u s t in M a s o n , W i l l ia m O l l i f f , A . E. S h i e l d s , J o h n S o m e r s ,
J. A. W h e e l e r , J. J. W i l s o n , W . L. W i n t e r .
Security Committee: S. C. L o v e l l , J. A . W
heeler,
W . C. W i n t e r .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid dues
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Cash
.
.
.
.
Liabilities.
$311,175
20,760
3,300
2,066
1,694
1,089
20
47
105
14,672
00
00
00
37
00
59
62
79
00
50
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$354,930 87
00
60
00
83
44
$354,930 87
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$287,023
62,573
2,630
2,466
237
M em bersh ip.
.
.
.
1,160
702
35
176
5,613
2,151
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
124
101
706
302
P rofits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 10% .
Rates an d Averages on Loans, October 30, 1909.
275 real estate loans (average, $1,131.54 each; average rate, 6 .1 2 % ) : 6 .1 2 % , $311,175.
96 share loans (average, $216.24 each; average rate, 6 .4 8 % ) : 6 .4 8 % , $20,760.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,200.00
3.3 8
Other Expenses.
Total.
$127.87
$1,327.87
.36
3 .7 4
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear end ing
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
$67,646 00
6,300 00
2,650
41,400
12,690
200
6,877
19,614
434
189
259
21
237
14,195
00
00
00
00
00
38
35
71
10
24
44
85
$172,715 07
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Cash on hand Oct. 30, 1909
.
$20,672
1,055
25,344
2,652
156
10,452
76,325
13,230
6,827
1,327
14,672
00
00
00
04
66
60
00
00
30
97
50
$172,715 07
D a t e o p E x a m in a t i o n , September 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
131
CO M M ISSION ER.
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series. pJ s £ ® re.
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
$203
191
180
170
159
149
139
129
120
111
102
93
85
77
69
61
53
46
39
32
25
18
12
6
Dues paid in advance
37
99
92
16
68
51
59
99
61
46
58
93
51
29
27
47
82
43
22
20
38
76
34
09
£t e e . Total Value‘
24
167
33
181
106
179
155
128
72
189
106
100
106
280
159
214
246
357
390
456
398
526
450
591
$4,880
32,062
5,970
30,798
16,926
26,762
21,636
16,638
8,683
21,065
10,873
9,393
9,064
21,641
11,013
13,154
13,239
16,575
15,295
14,683
10,101
9,S67
5,553
3,599
88
33
36
96
08
29
45
72
92
94
48
00
06
20
93
58
72
51
80
20
24
76
00
19
115 00
$349,596 60
Dues capital
Profits capital
.
$287,023 00
62,573 60
$349,596 60
132
REPORT
OF T H E
[Pub. Doc.
M A R B L E H E A D C O -O P E R A TIV E B A N K , M A R B L E H E A D .
TOWN H A LL, W ASHINGTON STREET.
Incorporated May 5, 1886.
J o h n L a n c y , President.
Began business May 6, 1886.
B e n j a m in C o l e , Jr., Secretary.
B e n j a m in C o l e , J r., Treasurer.
Board of Directors: G N. D e n n i s , J o s e p h G r e g o r y , W . T . H a r r i s , J. B . H o o p e r , W . T . L it c h m a n ,
J. A . M a r t i n , F r a n k M i l l e t t , H . C. M i l l e t t , J o h n D . P a i n e , L . S. R a m s d e l l , T h o m a s
S w a s e y , R ic h a r d T u t t .
Security Committee: J o h n L a n c y , F r a n k M i l l e t t , L. S. R a m s d e l l .
Regular meetings for receipt of moneys the first Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Bonds and notes
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
.
.
.
.
Permanent expense account
Cash
.
.
.
.
.
L iabilities.
$63,478
100,600
6,850
546
809
3
12
50
2,351
85
00
00
26
50
05
54
00
91
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
Matured share account
.
.
.
.
.
.
.
.
$174,702 11
00
71
36
52
11
41
$174,702 11
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$143,272
26,927
662
3,779
25
35
M em b ersh ip.
.
485
294
49
2,736
650
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
74
44
515
108
Profits D istributed.
First term, 2 £ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates an d A verages on Loans, October 30, 1909.
101 real estate loans (average, $996.04 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $100,600.
28 share loans (average, $244.64 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $6,850.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$471.00
2 .7 0
Other Expenses.
$213.66
1.22
Total.
$684.66
3.9 2
No. 8.]
BANK
CO M M ISSION ER
R eceipts and D isbursem ents, Year en d in g
October 30, 1909.
R e co n cilia tio n o f Share A c co u n t w ith Dues
an d P rofits Capital.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Matured share account
Cash on hand Oct. 31, 1908
$33,001 00
7,150
13,750
7,010
2,203
54
8,420
336
144
1
354
10
589
00
00
00
68
00
50
45
56
00
73
77
50
$73,026 19
D is b u h s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense
Cash on hand Oct. 30, 1909
$10,936
7,203
1,417
2,621
24,400
8,240
15,081
10
80
684
2,351
00
00
30
16
00
00
19
61
36
66
91
$73,026 19
133
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
Value
Shares
per Share. m .force.
$197 24
15
186 37
61
175 80
22
165 54
50
155 54
42
145 81
88
136 31
25
127 04
72
118 00
112
109 18
45
100 57
82
92 17
101
83 98
132
75 99
149
82
68 20
60 60
146
53 18
128
45 94
143
38 88
165
192
31 99
25 27
235
18 72
205
12 33
178
6 09
266
$2,958
11,368
3,867
8,277
6,532
12,831
3,407
9,146
13,216
4,913
8,246
9,309
11,085
11,322
5,592
8,847
6,807
6,569
6,415
6,142
5,938
3,837
2,194
1,619
60
57
60
00
68
28
75
88
00
10
74
17
36
51
40
60
04
42
20
08
45
60
74
94
$170,447 71
Dues capital
Profits capital
Unpaid dues
$143,272 00
26,927 71
248 00
$170,447 71
D a t e o p E x a m in a t i o n , July 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
134
OF
[Pub. Doc.
THE
M AR LB O R O U G H C O -O P E R A T IV E B A N K , M AR LBORO UGH .
186 M A IN STREET.
Incorporated April 16, 1890.
Began business May 1, 1890.
E u g e n e O . B r ig h a m , President. C l if t o n B . R u s s e l l , Secretary. C l if t o n B . R u s s e l l , Treasurer.
Board of Directors: E. E. A l l e n , E. O. B r ig h a m , M. J. B u c k l e y , C. A . C o o k , G. B . C o p e l a n d ,
J. H . G l e a s o n , W . H . H i l l , O. E. H o w e , H . L e m a y , J. F. J. O t t e r s o n , C. F. R o b in s o n ,
C. B . R u s s e l l , G. A . S t a c y , C. H . S t e v e n s , J. L . S t o n e , J. E. W a r r e n , S. P. W i l l a r d ,
S. P. W o o d .
Security Committee: M. J. B u c k l e y , W . H . H i l l , J. F. J. O t t e r s o n , G. A. S t a c y , J. E. W
arren.
Regular meetings for receipt of moneys the second Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid intetest
Unpaid fines
Permanent expense account
Temporary expense account
Insurance and taxes paid
Real estate expense .
Cash and cash items .
$241,256
15,200
1,400
680
100
100
537
121
59
4,974
07
00
00
17
92
00
42
68
67
18
$264,430 11
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited share account
Agreements
Rents
.
.
.
.
.
.
.
.
.
00
84
06
45
76
08
25
67
00
00
00
M em b ersh ip.
.
.
$219,598
30,571
2,299
5,035
6,382
290
1
159
6
2
84
$264,430 11
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
.
.
.
1,653
367
62
4,782
1,564
Added during year
Withdrawn during year
Members, October 30, 1909
Borrowers, October 30, 1909
254
67
797
271
P rofits D istrib u ted.
First term, 2 1 % ; second term, 2 1 % .
Proportion of profits retained on voluntary withdrawals, 2 0% on series less than 5 years old; after
5 years, last dividend.
R ates and Averages on Loans, O ctober 30, 1909.
266 real estate loans (average, $906.98 each; average rate, 5 % ) : 5 % , $241,256.07.
93 share loans (average, $163.44 each; average rate, 5 .2 6 % ) : 5 % , $14,550; 5 1 % , $240; 11% ,
$10; 13% , $310; 2 0 1 % , $90.
T ota l E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$552.74
2.0 9
Other Expenses.
$406.45
1.54
Total.
$959.19
3.6 3
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
Premiums
.
Fines
.
.
.
..
Transfer fees
.
Withdrawal profits
Agreements
.
Rents
.
Cash on hand Oct. 31, 1908
$55,278 00
2,000
18,350
7,690
400
11,948
577
4
317
2
144
41
4,163
00
00
00
00
99
25
64
25
54
00
00
33
71
$100,917 71
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Temporary expense .
Forfeited share account
Profit and loss .
Taxes
.
.
.
.
Real estate expense .
Cash on hand Oct. 30, 1909
135
CO M M ISSIO N ER.
$15,748
9,300
2,151
3,220
56,661
7,090
959
149
397
121
144
4,974
00
00
69
80
07
00
19
48
00
68
62
18
$100,917 71
R e co n cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series. J^are. inPome. Total Value'
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
$197
186
176
167
157
148
139
130
121
113
104
96
88
80
73
65
58
51
44
37
31
24
18
12
6
Dues paid in advance
11
78
77
03
52
23
15
27
59
10
80
68
74
97
37
94
67
56
61
81
16
66
30
08
00
51
23
30
39
44
88
66
50
71
171
167
202
156
127
151
211
329
139
225
135
275
253
195
942
642
$10,052
4,295
5,303
6,514
6,930
13,044
9,183
6,513
8,632
19,340
17,501
19,529
13,843
10,283
11,078
13,913
19,302
7,166
10,037
5,104
8,569
6,238
3,568
11,379
3,852
61
94
10
17
88
24
90
50
89
10
60
36
44
19
87
34
43
84
25
35
00
98
50
36
00
306 00
$251,485 84
Dues capital
Profits capital
Unpaid dues
.
$219,598 00!
30,571 841,316 00
$251,485 84
D a t e o f E x a m in a t i o n , October 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
136
REPORT
OF
THE
[Pub. Doc.
M A R T H A ’S V IN E Y A R D C O -O PER ATIVE B A N K , T IS B U R Y .
M A IN STREET.
Incorporated April 22, 1909.
Began business May 14, 1909.
G i l b e r t L. S m it h , President. W il l ia m W . B o a r d m a n , Secretary. W il l ia m W . B o a s d m a n , Treasurer.
Board of Directors: L. E. B r ig g s , E. G. E l d r id g e , A. O. F i s h e r , B . T . H il l m a n , J. E. H o w l a n d ,
W . G. M a n t e r , O. S. M a y h e w , U. E. M a y h e w , W . B . O w e n , H . L. P e a k e s , W . H . R e n e a r ,
W . A. R o b in s o n , J. E. W h i t e .
Security Committee: L. E. B r ig g s , W . G. M a n t e r , U. E. M a y h e w .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Temporary expense account
Cash
.
.
.
.
Liabilities.
$2,800
25
243
484
00
00
53
47
Dues capital
Profits capital .
Guaranty fund .
Interest
$3,490
45
5
11
$3,553 00
$3,553 00
Shares
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
44
71
85
Membership.
608
40
568
35
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
98
4
94
6
Profits Distributed.
First term, 2J%.
Proportion of profits retained on voluntary withdrawals, 50% of last dividend.
Rates and A verages on Loans, October 30, 1909.
5 real estate loans (average, $560 each; average rate, 6 .2 1 % ) : 6 % , $1,900; 6J% , $400; 7 % , $500.
1 share loan: 7 % , $25.
T otal Expenses fo r Year.
Salaries.
Amount paid for
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Other Expenses.
$249.44
Total.
$249.44
CO M M ISSION ER.
R eceipts and D isbursem ents, Year ending
October 30, 1909.
Dues capital
Interest .
Fines
.
.
.
.
.
.
.
.
.
.
.
.
.
$3,590 00
66 53
2 38
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
568
$3,453 44
May 1909
1
$6 08
Dues paid in advance
$3,658 91
.
.
$100 00
2,800 00
25 00
249 44
484 47
.
.
$3,658 91
D a t e o f E x a m in a t i o n , August 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
96 00
$3,549
D is b u r s e m e n t s .
Dues capital withdrawn
.
Real estate loans
.
.
Share loans
.
.
.
.
Temporary expense .
.
Cash on hand Oct. 30, 1909
137
Dues capital
Profits capital
Unpaid dues
.
1If*» 1
BANK
N o. 8.]
$3,490 00
45 44
14 00
$3,549 44
138
REPORT
OF
THE
[Pub. Doc
M ASSAC H U SETTS C O -O P E R A TIV E B A N K , BOSTON.
1468 DORCHESTER AVENUE (DORCHESTER DISTR IC T).
Incorporated May 19, 1908.
Began business May 28, 1908.
J o s e p h R. C h u r c h il l , President. A n s l e y M. J o h n s o n , Secretary. A n s l e y M. J o h n s o n , Treasurer.
Board of Directors: W . M. B k u m m e t t , J. F . C a e e y , J. R . C h u r c h i l l , G. O. C u t t e b , F . D . F i e l d ,
Jr., W . H . F i t z p a t r i c k , L . J. H a y f o b d , A . M. J o h n s o n , T h o m a s L e a v it t , R o d e b ic k
M cD o n a l d , J. J. M o o b e , P a t r i c k O ’ H e a r n , J. R . P a t t e b s o n , J o h n S c a b b y , A r t h u r
T h o m p s o n , W . E. W e l c h , F . I. W i l k i n s .
Security Committee: W . M. B r u m m e t t , G. O. C u t t e r , L. J. H a y f o b d , P. O ’H e a b n .
Regular meetings for receipt of moneys the second Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Permanent expense account
Cash
.
.
.
.
Liabilities.
.
$26,300
345
445
867
00
00
23
61
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Withdrawal profits
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
‘ $27,957 84
00
51
71
77
23
16
46
00
$27,957 84
Shares.
Issued during year
Withdrawn during year
Forfeited during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$26,781
596
13
156
238
14
4
153
M em bersh ip.
.
.
1,086
608
61
2,223
178
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
146
128
357
20
P rofits D istributed.
First term, 1 1 % ; second term, 1 1 % ;
term, 1 1 % ; fourth term, 11% .
third
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates and A verages o n Loans, O ctober 30, 1909.
12 real estate loans (average, $2,191.66 each; average rate, 5 .4 6 % ) : 5 % , $4,000; 51 % , $20,200;
6 % , $ 2 , 100 .
8 share loans (average, $43.12 each; average rate, 6 % ) : 6 % , $345.
T ota l Expenses fo r Year.
Salaries.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Other Expenses.
2.4 4
Total.
2 .4 4
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Share loans repaid
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
.
$23,999
115
995
102
1
21
2
207
446
00
00
82
74
00
01
29
00
74
R e co n cilia tio n o i Share A ccou n t w ith Dues
and P rofits Capital.
Value
Shares
Date of Issue. Series. per Share. in Force. Total Value.
June 1908
1
$17 44 1,076
$18,765 44
2
14 30
201
Sept. 1908
2,874 30
3
11 17
216
Dec. 1908
2,412 72
Mar. 1909
4
8 07
309
2,493 63
5 02
221
June 1909
5
1,109 42
2 00
Sept. 1909
6
200
400 00
Dues paid in advance
$25,890 60
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Profits capital withdrawn
Profits capital forfeited
Real estate loans
Share loans
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
$4,843
207
81
8
19,300
460
68
54
867
00
00
87
84
00
00
28
00
61
$25,890 60
D a t e o f E x a m in a t i o n , November 17.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
139
59 00
$28,114 51
Dues capital
Profits capital
Unpaid dues
$26,781 00
596 51
737 00
$28,114 51
140
REPORT
OF T H E
[Pub. Doc.
M E C H A N IC S ’ C O -O P E R A T IV E B A N K , T AU N TO N .
120 B A Y STREET.
Incorporated September 14, 1877.
W i l l ia m H . L e w i s , President.
Began business September 17, 1877.
E d w a r d S. H e r s e t , Secretary.
E d w a r d S. H e r s e y , Treasurer.
Board of Directors: N . A. C u s h m a n , J. J. G r e e n , J o h n I r v i n e , A. H. K n o w l e s , F . R . K n o x ,
N o a h L e m a i r e , W . H. L e w i s , W . A. M a n c h e s t e r , A. J. N e e d h a m , B. F. P i z e r , W . H. P l e a d w e l l , W . E. P r a t t , G. W . R e a d , W . W . S w a n , J. H. T id d , J. S. W i l l i a m s , H. O. W o o l l e y .
Security Committee: J o h n I r v i n e , F. R. K n o x , W . H. P l e a d w e l l .
Regular meetings for receipt of moneys the first Monday after the fifteenth of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $744,343 00
Less amount due
.
3,342 00
-------------- $741,001 00
Loans on shares
.
.
.
14,645 00
Unpaid dues
.
.
.
.
7,968 00
Unpaid interest
.
.
.
6,983 (36
Unpaid fines
.
.
.
.
1,230 70
Permanent expense account
.
31 30
Temporary expense account
.
838 44
6,045 44
C a s h ............................................
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Forfeited share account
Matured share account
$631,000
106,748
6,258
10,629
13,173
712
15
10,205
$778,743 54
$778,743 54
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
.
00
82
74
17
04
37
98
42
.
.
.
.
.
.
.
4,728
3,016
32
.
155
. 15,036
. 4,223
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
447
394
1,874
549
Profits Distributed.
First term, 2
second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d A verages o n Loans, O ctober 30, 1909.
471 real estate loans (average, $1,573.25 each; average rate, 5 .3 0 % ) : 5 .3 0 % , $741,001.
81 share loans (average, $180.80 each; average rate, 5 .3 0 % ) : 5 .3 0 % , $14,645.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,125.00
1.4 4
Other Expenses.
$1,053.48
1.35
Total.
$2,178.48
2.7 9
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Forfeited share account
Matured share account
Advanced payments .
Suspense .
.
.
.
Cash on hand Oct. 31, 1908
$171,091 00
6,300 00
4,400
204,262
40,536
7,975
7,100
32,605
4
1,387
31,730
2,824
27,464
8,922
00
00
00
00
72
31
80
25
42
74
34
16
$546,603 74
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Advanced payments .
Cash on hand Oct. 30, 1909
$144,749
1,280
22,630
22,911
107
8,418
246,850
30,189
11,483
6,107
681
2,178
1,387
38,760
2,824
6,045
00
00
00
02
25
65
00
00
00
56
77
48
25
58
74
44
$546,603 74
D a t e o f E x a m in a t i o n , September 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
141
CO M M ISSION ER
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
Jan. 1898
33 $191 06
34
July 1898
180 31
35
Jan. 1899
169 87
July 1899
36
159 68
Jan. 1900
37
149 87
140 32
July 1900
38
Jan. 1901
39
131 05
122 01
40
July 1901
Jan. 1902
41
113 19
42
104 59
July 1902
96 20
Jan. 1903
43
44
July 1903
88 01
Jan. 1904
45
80 02
72 23
July 1904
46
Jan. 1905
64 62
47
July 1905
48
57 20
Jan. 1906
49
49 96
42 90
July 1906
50
Jan. 1907
51
36 01
52
July 1907
29 29
22 73
Jan. 1908
53
July 1908
54
16 33
55
Jan. 1909
10 09
July 1909
56
4 00
Shares
Total Value.
in Force.
$13,374 20
70
16,768 83
93
102
17,326 74
384
61,317 12
101,162 25
675
62,161 76
443
212
27,782 60
44,899 68
368
48,671 70
430
10,040 64
96
9,620 00
100
24,202 75
275
92
15,683
196
21,885 69
303
742
47,948 04
14,814 80
259
348
17,386 08
854
36,636 60
33,381
27
927
32,013 97
1,093
26,889 59
1,183
1,622 • 26,487 26
16,517 33
1,637
2,624
10,496 00
280 00
Dues paid in advance
$737,748 82
Dues capital
Profits capital
.
.
.
.
.
.
.
.
$631,000 00
106,748 82
$737,748 82
142
REPORT
OF T H E
[Pub. Doc.
M E D F IE L D C O -O P E R A TIV E B A N K , M E D F IE L D .
CORNER M A IN AND NORTH STREETS.
Incorporated December 29, 1905.
L. W . W
E d w in V . M it c h e l l , President.
Began business January 8, 1906.
heeler,
L. W . W
Secretary.
heeler,
Treasurer.
Board of Directors: W . F. A b e l l , M. C. A d a m s , W . H. B a i l e y , E. M. B e n t , C. M. C l a r k , L. K .
C o n a n t , E. C. C r o c k e r , H J. D u n n , J. A . F i t t s , S. C. F r e n c h , G. P. H o l b r o o k , H. L.
H o w a r d , E. J. K e y o u , C. O. M c D o n o u g h , E. T. R i c h a r d s o n , H. H. T h o r n e .
Security Committee: W . F . A b e l l , M . C. A d a m s , J. A . F i t t s .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Permanent expense account
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$46,250
1,138
222
13
3,590
00
00
96
25
43
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Fines
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$51,214 64
00
36
36
28
87
77
$51,214 64
Shares.
Issued during year
Withdrawn during year
Forfeited during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$47,470
2,693
133
2
889
25
M em bersh ip.
.
519
165
4
1,883
337
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
63
27
298
47
P rofits D istributed.
First term, 2 J % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, none.
Rates an d Averages on Loans, O ctober 30, 1909.
33 real estate loans (average, $1,401.51 each; average rate, 5 .9 1 % ) : 5 % , $1,200; 5 i % , $3,000;
5 i % , $1,600; 6 % , $40,450.
15 share loans (average, $75.87 each; average rate, 6 % ) : 6 % , $1,138.
T ota l Expenses fo r Year.
Amount paid for
.
.
.
.
.
.
.
Cost per $1,000 of a s s e t s .......................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$87.50
1.71
Other Expenses.
$111.48
2 .1 8
Total.
$198.98
3.8 9
BANK
N o. 8.]
CO M M ISSION ER.
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans repaid
Share loans repaid
Fines
.
.
.
.
Transfer fees
Temporary expense .
Profits capital .
Cash on hand Oct. 31, 1908
.
$20,702
1,600
601
2,261
63
00
00
00
75
03
1 75
51 31
12 58
342 99
$25,636 41
143
R econ cilia tion of Share A cco u n t w ith Dues
and Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$20,439 03
411
$49
73
1
Jan. 1906
4,018 50
42 75
94
2
July 1906
7,902 40
35
92
220
Jan. 1907
3
4,764 49
4
29 23
163
July 1907
23
6,058
22
69
267
5
Jan. 1908
3,930 71
241
16 31
6
July 1908
00
2,520
250
10 08
Jan. 1909
7
948 00
4 00
237
8
July 1909
Dues paid in advance
78 00
$50,659 36
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Profits capital withdrawn .
Profits capital forfeited
Real estate loans
Share loans
Temporary expense .
Permanent expense .
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
13,049 00
37 00
148 84
34
17,150 00
1,395 00
177 98
22 96
64 86
3,590 43
$25,636 41
D a t e o f E x a m in a t i o n , November 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dues capital
Profits capital
Unpaid dues
Suspense dues
$47,470
2,693
465
31
00
36
00
00
$50,659 36
144
REPORT
OF T H E
[Pub. Doc.
M EDFORD C O -O P E R A T IV E B A N K , M ED FOR D.
28 H IGH STREET.
Incorporated June 21, 1886.
Began business July 7, 1886.
J. H e n r y N o r c r o s s , President. E l is h a G. P i e r c e , Secretary. J a m e s S. S t u r t e v a n t , Treasurer.
Board of Directors: H . L. Buss, W . F. C u s h in g , I. W . H a m l i n , W i l l ia m L e a v e n s , C. H . L o o m is ,
L. H . L o v e r i n g , D. G. M e l v i l l e , J. H . N o r c r o s s , J. E. O b e r , E. G. P i e r c e , J. F. R e a g a n ,
J. W . R o c k w e l l , J. S. S t u r t e v a n t , C. S. T a y l o r , J. R . T e e l , W . H . W a r r e n , N . E . W i l b e r .
Security Committee: W . F. C u s h in g , L . H . L o v e r i n g , J. E . O b e r , J. F. R e a g a n , C. S. T a y l o r .
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Personal accounts
Insurance and taxes paid
Cash
$713,150
40,400
1,807
228
39
678
1,637
00
00
68
70
89
89
60
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
Personal accounts
Security committee
$624,908
125,745
3,308
3,665
96
150
69
$757,942 76
$757,942 76
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
.
.
.
00
09
31
24
40
72
00
.
.
.
.
2,752
1,195
33
274
249
. 12,344
. 4,484
.
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
288
166
1,265
372
Profits Distributed.
First term, 3 % ; second term, 2£%
Proportion of profits retained on voluntary withdrawals, 25 % .
Rates and Averages on Loans, O ctober 30, 1909.
342 real estate loans (average, $2,085.23 each; average rate, 5 .1 2 % ) : 5 % , $546,850; 5 1 % , $54,100:
5£% , $66,150; 51 % , $30,100; 6 % , $11,650; 6 i% , $4,300.
118 share loans (average, $342.37 each; average rate, 5 .2 7 % ) ; 5 % , $18,800; 5 1 % , $7,450; 5 4 % ,
$8,200; 5 1 % , $3,900; 6 % , $950; 6 i % , $1,100.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,430.04
3.21
Other Expenses.
Total.
$664.27
$3,094.31
.88
4 .0 9
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Matured share account
Personal accounts
Security committee .
Taxes and insurance
Cash on hand Oct. 31, 1908
$148,068 00
23,800
103,600
23,750
38,310
5
1,028
9
1,167
4
259
52,544
21,573
311
45
151
13,364
00
00
00
56
25
22
75
04
02
80
42
79
51
00
78
84
$427,993 98
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capita] retired
Profits capital matured
Real estate loans
Share loans
Fines rebated
Interest
Temporary expense .
Forfeited share account
Retired share account
Matured share account
Personal accounts
Security committee .
Taxes and insurance .
Cash on hand Oct. 30, 1909
$39,756
253
39,149
35,941
4,667
16
13,895
13,952
178,050
20,900
11
1,197
3,094
293
52,544
21,573
260
3
797
1,637
00
00
00
00
00
08
42
64
00
00
50
88
31
51
42
79
57
00
26
60
$427,993 98
D a t e o f E x a m in a t i o n , February 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
145
R econ cilia tion of Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share.
24 $199 73
Nov. 1897
25
188 50
May 1898
Nov. 1898
26
177 62
27
167 12
May 1899
156 85
Nov. 1899
28
29
146 95
May 1900
137 25
Nov. 1900
30
127 84
May 1901
31
32
118 67
Nov. 1901
33
109 76
May 1902
Nov. 1902
34
101 07
92 59
Mav 1903
35
Nov. 1903
84 32
36
76 28
May 1904
37
Nov. 1904
38
68 44
39
60 79
May 1905
Nov. 1905
40
53 34
41
46 08
May 1906
42
Nov. 1906
38 99
32 07
43
May 1907
Nov. 1907
44
25 33
45
18 75
May 1908
12 33
Nov. 1908
46
6 08
May 1909
47
Dues paid in advance
inh
Fome.TotalValue162
$32,356 26
35,249 50
187
237
42,095 94
209
34,928 08
30,272 05
193
36,737 50
250
50,233 50
366
36,817 92
288
41,178 49
347
40,062 40
365
34,667 01
343
35,461 97
383
20,995 68
249
554
42,259 12
30,045 16
439
29,543 94
486
571
30,457 14
33,776 64
733
25,382 49
651
857
27,483 99
670
16,971 10
22,818 75
1,217
15,264 54
1,238
8,201 92
1,349
767 00
$754,028 09
Dues capital
Profits capital
Unpaid dues
.
$624,908 00
125,745 09
3,375 00
$754,028 09
REPORT
146
OF T H E
[Pub. Doc.
M ELROSE C O -O P E R A T IV E B A N K , M ELRO SE.
541 M A IN STREET.
Incorporated April 4, 1890.
L e v i S. G o u l d , President.
Began business April 20, 1890.
C h a r l e s G . S c h a e d e l , Secretary.
J o h n P . D e e r in g , Treasurer.
Board of Directors: J. H. A l l e n , H. C. C h i l d , J. P. D e e r in g , W . A. D o l e , J. EL D u f f i l l , A. W .
D u n t o n , L. S. G o u l d , L. F. H i n c k l e y , C. E. S a w y e r , C. G . S c h a e d e l , F. R. U p h a m , W . E.
W aterh ou se.
Security Committee: J. P. D e e r i n g , L. F. H i n c k l e y , F. R. U p h a m .
Regular meetings for receipt of moneys the first Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate
$82,500 00
Less amount due
.
933 00
------------- Loans on shares
.
.
.
Common form mortgages .
.
Permanent expense account
.
Temporary expense account
.
C a s h ............................................
$81,567 00
2,045 00
4,300 00
80 00
6 00
2,307 51
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest
.
.
.
Fines
.
.
.
Withdrawal profits
.
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
.
$78,535
10,070
779
631
236
31
10
10
.
.
.
$90,305 51
00
67
61
19
55
80
39
30
$90,305 51
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Matured during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
680
316
28
2,395
508
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
94
49
371
72
P rofits D istributed.
First term, 2 £ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 2 years old; 10%
on series from 2 to 5 years old; after 5 years, none.
Rates an d A verages on Loans, October 30, 1909.
63 real estate loans (average, $1,294.71 each; average rate, 5 .2 2 % ) ; 5 % , $50,467; 5| % , $3,800;
5 i% , $21,150; 6 % , $5,750; 6 i % , $400.
12 share loans (average, $170.42 each; average rate, 5 .6 5 % ) : 5 % , $385; 5J% , $450; 5 f % , $460;
6 % , $750.
T ota l Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
Salaries.
$132.00
1.46
Other Expenses.
$176.50
1.95
Total.
$308.50
3.41
BANK
No. 8.]
CO M M ISSION ER.
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Cash on hand Oct. 31, 1908
00
00
29
77
50
74
99
29
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Temporary expense .
Cash on hand Oct. 30, 1909
00
00
39
52
00
00
87
51
29
147
R e co n cilia tio n of Share A ccou n t w ith Dues
an d P rofits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$976 45
5
26 $195 29
Oct. 1897
872 50
28
174 50
5
Oct. 1898
3,124 93
19
Apr. 1899
164 47
29
464 10
154
70
3
30
Oct. 1S99
5
725 85
Apr. 1900
31
145 17
02
22
2,990
1900
32
135
91
Oct.
3,678 36
29
126 84
Apr. 1901
33
4,718
40
40
1901
34
117
96
Oct.
3,934 08
109 28
36
Apr. 1902
35
5,647 04
56
36
100 84
Oct. 1902
6,482 00
92 60
70
37
Apr. 1903
2,789
16
38
52
84
33
Oct. 1903
3,447 45
45
Apr. 1904
39
76 61
66
62
4,273
93
1904
40
68
Oct.
4,113 13
67
41
61 39
Apr. 1905
4,322 40
80
42
54 03
Oct. 1905
6,090 50
130
46 85
Apr. 1906
43
3,584 70
90
44
39 83
Oct. 1906
7,514 88
32 96
228
45
Apr. 1907
00
9,030
344
26
25
1907
46
Oct.
4,846 20
246
Apr. 1908
47
19 70
38
2,635
198
1908
48
13
31
Oct
2,520 48
356
Apr. 1909
49
7 08
226 00
1 00
226
50
Oct. 1909
Dues paid in advance
110 00
($89,117 67
Dues capital
Profits capital
Unpaid dues
$78,535 00
10,070 67
512 00
$89,117 67
D a t e o f E x a m in a t i o n , November 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
148
REPORT
OF
THE
[Pub. Doc.
M ER C H A N T S C O -O P E R A T IV E B A N K , BOSTON.
19 M IL K STREET.
Incorporated December 20, 1881.
E d w a r d W . H o w e , President.
Began business February, 1882.
A l b e r t E. D u f f i l l , Secretary.
A l b e r t E. D u f f i l l , Treasurer.
Board of Directors: J. H . A u b i n , G. T . B o s s o n , J o h n B u t l a n d , C. R . D a n e , F r a n k F a n n i n g ,
J. A . G o u l d , E . W . H o w e , W . H . H o w e , A . J. M e r c e r , G. D . N e w c o m b , A . S. P a r s o n s ,
H . A. P e r k in s , G. H . M . R o w e , J. A . S p a r r o w , E d w a r d S t o d d a r d , T h o m a s S w a d k i n s ,
h i t n e y , C. J. W i g g i n .
F. O. W
Security Committee: J. H. A u b i n , G. T . B o s s o n , J o h n B u t l a n d , A. S. P a r s o n s , H. A. P e r k i n s .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Temporary expense account
Taxes paid
Cash
.
.
.
.
$2,503,475
104,650
4,991
4,327
1,125
203
11,497
00
00
96
87
06
04
80
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Personal accounts
Suspense account
.
$2,630,270 73
M em bersh ip.
■.
.
.
.
.
.
.
.
.
.
00
57
22
31
37
31
50
77
03
30
35
$2,630,270 73
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$2,169,204
369,906
41,160
28,288
15,185
122
7
1,029
2,477
2,860
29
.
.
.
. 12,254
. 7,558
.
155
1,107
. 48,780
. 16,516
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
1,021
688
4,834
1,302
First term, 1 1 % ; second term, 1 1 % ;
term, 1 1% ; fourth term, 11% .
third
.
.
.
.
.
.
.
P rofits D istrib u ted.
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 6 years old; 15%
on series from 6 to 7 years; 5 % on series from 7 to 8 years old; after 8 years, none
Rates an d A verages on Loans, O ctober 30, 1909.
1,039 real estate loans (average, $2,409.50 each; average rate, 5 .3 6 % ) : 5 % , $1,389,440;
$76,600; 5 1 % , $286,380; 5 1 % , $212,840; 6 % , $403,065; 61 % , $64,100; 6 1 % , $54,900;
$10,600; 7 % , $1,600; 71 % , $2,450; 7 1% , $1,500.
464 share loans (average, $225.53 each; average rate, 5 .7 7 % ) : 5 % , $25,890; 51 % , $1,850;
$10,000; 51 % , $16,050; 6 % , $36,040; 61% , $4,250; 61 % , $4,510; 6 1 % , $1,530; 7 % ,
71 % , $50; 7 1 % , $1,570; 8 % , $1,680; 9 % , $630.
51% ,
61 % ,
51% ,
$600;
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$5,353.00
2 .0 4
Other Expenses.
. $3,454.47
1.31
Total.
$8,807.47
3 .3 5
No. 8.]
BANK
CO M M ISSION ER
R eceipts and D isbursem ents, Year end ing
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Temporary expense
Forfeited share account
Insurance
.
.
.
.
Matured share account
Personal accounts
Suspense .
.
.
.
Profit and loss .
.
.
.
Surplus
.
.
.
.
.
Profits capital .
.
.
.
Taxes
.
.
.
.
.
Cash on hand Oct. 31, 1908
8565,738 00
13,250 00
11,200
431,030
93,890
5,651
16,332
140,189
4
5,896
34
4,443
143
527
7,077
1,399
2,203
2,800
179
7
12
1
696
11,745
00
00
00
50
14
66
40
76
75
45
92
08
56
00
90
00
09
00
06
44
70
51
$1,314,453 92
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
Withdrawal profits
Fines
.
.
.
.
Real estate bv foreclosure .
Interest .
.
.
.
Temporary expense
Forfeited share account
Insurance
.
.
.
Matured share account
Personal accounts
Suspense account
Surplus
.
.
.
.
Taxes
.
.
.
.
Cash on hand Oct. 30, 1909
.
.
.
.
.
.
8299,225
5,992
162,690
52,222
1,045
59,265
605,915
78,840
7
16,313
1,905
8,807
5,365
1,559
2,661
274
184
29
653
11,497
00
00
00
05
95
12
00
00
64
14
19
78
47
12
00
04
27
09
40
86
80
$1,314,453 92
D a t e o f E x a m in a t i o n , March 6, 7, 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
149
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1905
1905
1906
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
Value
8193
183
172
162
152
143
133
124
115
106
98
90
81
74
66
62
58
55
51
47
44
40
37
33
30
27
23
20
17
14
11
8
5
2
Dues paid in advance
86
12
68
56
72
07
70
54
61
87
35
06
95
04
30
53
78
13
48
89
36
85
40
99
62
27
97
71
49
31
18
08
02
00
Shares
789 8152,955 54
410
75,079 20
617
106,543 56
437
71,038 72
514
78,498 08
638
91,278 66
775
103,617 50
1,067
132,884 18
1,401
161,969 61
1,484
158,595 08
1,375
135,231 25
1,218
109,693 08
1,470
120,466 50
1,633
120,907 32
1,332
88,311 60
1,038
64,906 14
1,163
68,361 14
1,000
55,130 00
1,113
57,297 24
1,310
62,735 90
1,222
54,207 92
1,452
59,314 20
1,166
43,608 40
1,652
56,151 48
1,726
52,850 12
1,432
39,050 64
1,729
41,444 13
51,422 93
2,483
1,910
33,405 90
2,263
32,383 53
2,116
23,656 88
25,742 88
3,186
2,613
13,117 26
6,092 00
3,046
6,557 00
$2,554,505 57
Dues capital
Profits capital
Unpaid dues
.
82,169,204 00
369,906 57
15,395 00
$2,554,505 57
150
REPORT
OF T H E
[Pub. Doc.
M E R R IM A C K C O -O P E R A T IV E B A N K , L A W R E N C E .
263 ESSEX STREET.
Incorporated April 2, 1892.
C. J. C o r c o r a n , President.
Began business April 28, 1892.
J. W . C u l l i n a n e , Secretary.
C. A. M cC a r t h y , Treasurer.
Board of Directors: T . J. B u c k l e y , M. A. D i g n a m , F . E. L e n a n e , T h o m a s M cC a r t h y , W . H .
M cD a d e , F r a n k Q u i n n , J. J. S u l l i v a n , M. J. S u l l i v a n , S im e o n V i g e r , E. P. W h it e
Security Committee: C. J. C o r c o r a n , J. J. S u l l i v a n , E. P. W
h it e .
Regular meetings for receipt of moneys the first Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate .
.
.
Loans on shares
.
.
.
Unpaid interest
.
.
.
Unpaid fines
.
.
.
.
Temporary expense account
.
C a s h ............................................
$58,300 00
3,580 00
539 00
80 43
386 49
2,707 22
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
Matured share account
.
.
.
.
.
.
.
.
.
.
$49,959
9,119
1,635
4,141
362
375
.
.
$65,593 14
$65,593 14
M em b ersh ip.
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
.
.
.
.
.
00
73
37
24
20
60
.
.
.
.
.
.
574
277
56
1,364
412
.Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
49
41
187
42
Profits D istributed.
First term, 3 % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates an d Averages o n Loans, October 30, 1909.
31 real estate loans (average, $1,880.64 each; average rate, 5 .8 2 % ) : 5 % ,
6 .3 0 % , $2,000.
21 share loans (average, $170.47 each; average rate, 6 % ); 6 % , $3,580.
$10,800;
6 % , $45,500;
T otal Expenses fo r Year.
Amount paid for .
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$150.00
2 .2 9
Other Expenses.
$269.75
4.11
Total.
$419.75
6.40
N o. 8.]
BANK
CO M M ISSIONER.
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
$15,816 00
650
21,000
1,325
3,203
8
74
176
375
7,639
00
00
00
58
40
31
83
60
17
$50,268 89
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
R econ cilia tion o f Share A ccou n t withJDues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
Fines
.
.
.
.
.
Withdrawal profits
Matured share account
Cash on hand Oct. 31, 1908
$8,471
8,064
1,152
3,464
22,400
3,440
419
150
2,707
00
00
38
54
00
00
75
00
22
$50,268 89
151
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov
May
Nov.
May
Nov.
May
Nov.
May
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906 ,
1906
1907
1907
1908
1908
1909
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Value
Shares
per Share. in Force Total Value.
10
$193 42
$1,934 20
182 08
10
1,820 08
171 07
15
2,566 05
160 35
10
1,603 50
149 96
11
1,649 56
139 89
5
699 45
130 10
35
4,553 50
120 59
20
2,411 80
111 35
29
3,229 15
102 38
40
4,095 20
41
93 67
3,840 47
25
85 24
2,131 00
20
77 03
1,540 60
69 08
70
4,835 60
61 35
56
3,435 60
53 79
48
2,581 92
46 42
84
3,899 28
104
39 23
4,079 92
32 22
50
1,611 00
25 40
79
2,006 60
18 76
88
1,650 88
12 33
181
2,231 73
6 08
333
2,024 64
Dues paid in advance
110 00
$60,541 73
Dues capital
Profits capital
Unpaid dues
$49,959 00
9,119 73
1,463 00
$60,541 73
D a t e o p E x a m in a t i o n , November 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
152
REPORT
OF T H E
[Pub. Doc.
MIDDLEBOROTTGH C O -O P E R A TIV E B A N K , MIDDLEBOROTJGH.
ROOM 1, TOWN H ALL.
Incorporated May 1, 1889.
Began business May 21, 1889.
W a r r e n H. S o u t h w o r t h , President. W a l t e r L. B e a l s , Secretary. W a l t e r L. B e a l s , Treasurer.
Board of Directors: C. N. A t w o o d , L . O. A t w o o d , W L . B e a l s , A. C. H o w e s , C. H. L e o n a r d
Z. E. P h i n n e y , H. W . S e a r s , H. D. S m i t h , W . H. S o u t h w o r t h , D. D. S u l l i v a n , A. A. T h o m a s ,
A l l e r t o n T h o m p s o n , C. E. W e s t o n , L o r e n z o W o o d .
Security Committee: C. H. L e o n a r d , H. W . S e a r s , W . H. S o u t h w o r t h .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate $306,300 00
Less amount due
.
1,550 00
$304,750
5,920
2,746
889
111
10,867
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Cash
00
00
87
46
96
13
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
Interest
.
.
.
.
.
.
.
$325,285 42
.
M em b ersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
68
70
70
34
$325,285 42
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$271,544
50,029
1,108
2,514
88
.
.
.
.
.
.
989
626
37
100
69
5,357
1,819
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
99
79
770
256
Profits D istributed.
First term, 2 £ % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, 25% up to 5 years; after five years, none.
R ates and Averages on Loans, October 30, 1909.
225 real estate loans (average, $1,354.44 each; average rate. 5 % ) : 5 % , $302,950' 5J% , $1,500;
6 % , $300.
42 share loans (average, $140.95 each; average rate, 5 % ) : 5 % , $5,920.
T otal E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$833.00
2 .5 6
Other Expenses.
Total.
$282.37
$1,115.37
.87
3 .4 3
No. 8.]
BANK
CO M M ISSION ER.
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Personal accounts
Cash on hand Oct. 31, 1908
$66,814 00
6,300 00
4,450
33,800
4,905
9,000
488
9,065
16,539
840
3
168
12
1,139
1,395
11
3,780
00
00
00
00
12
23
59
41
25
12
84
34
10
03
57
$158,712 60
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense. .
Forfeited share account
Matured share account
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
$28,576
1,030
14,339
10,002
4,642
150
5,028
3,836
53,500
4,790
9,950
1
7,564
384
1,115
1,139
1,395
400
10,867
00
00
00
00
96
64
50
32
00
00
00
33
10
06
37
34
10
75
13
$158,712 60
D a t e o f E x a m in a t i o n , July 1, 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
153
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
Nov. 1897
18 $198 84
9
$1,789 56
19
187 66
104
May 1898
19,516 64
Nov. 1898
8,132 34
20
176 79
46
21
11,302 96
166 22
68
May 1899
Nov. 1899
22
155 98
110
17,157 80
May 1900
23
146 03
91
13,288 73
24
Nov. 1900
113
136 35
15,407 55
May 1901
25
126 98
137
17,396 26
Nov. 1901
26
117 88
215
25,344 20
May 1902
27
109 05
198
21,591 90
Nov. 1902
28
100 45
9S
9,844 10
92 07
162
29
May 1903
14,915 34
Nov. 1903
30
83 91
193
16,194 63
230
May 1904
31
75 95
17,468 50
Nov. 1904
32
300
68 17
20,451 00
60 58
May 1905
33
219
13,267 02
262
Nov. 1905
34
53 17
13,930 54
35
45 94
297
13,644 18
May 1906
Nov. 1906
36
38 88
250
9,720 00
May 1907
37
31 99
496
15,867 04
Nov. 1907
38
25 27
381
9,627 87
442
May 1908
39
18 72
8,274 24
Nov. 1908
40
12 33
471
5,807 43
May 1909
41
6 09
465
2,831 85
Dues paid in advance
398 00
$323,169 68
Dues capital
Profits capital
Unpaid dues
.
.
$271,544 00
50,029 68
1,596 00
$323,169 68
REPORT
154
OF T H E
[Pub. Doc,
M ID D L E S E X C O -O P E R A T IV E B A N K , L O W E L L .
53 CENTRAL STREET.
Incorporated November 2, 1892.
Began business November 3, 1892.
W i l l ia m M. S h e e w e l l , President. W i l l ia m D . B r o w n , Secretary. W il l ia m D .IB r o w n , Treasurer.
Board of Directors: F . P. B r o w n , W . D . B r o w n , M. J. B u r n s , C. W . D a n a , G. S. F e n d e r s o n ,
W . R. K i l l p a r t r i c k , J. M. K in g s b u r y , C. E. R o b in s o n ,S.G. A. R o p e r , G. A.*,S c r ib n e r ,
J. H. S h e p a r d , W . M. S h e r w e l l .
Security Committee: J. M. K i n g s b u r y , G. A. R o p e r , W . M. S h e r w e l l .
Regular meetings for receipt of moneys the last Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets
.
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
$381,480
16,765
1,649
186
7,512
00
00
06
60
70
Dues capital
Profits capital
Guaranty fund
Surplus
.
$407,593 36
.
M em bersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
29
49
58
$407,593 36
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$342,266
61,555
1,469
2,302
.
.
.
.
1,998
1,005
27
103
7,248
2,488
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
265
134
917
278
Profits D istributed.
j First term, 2J % ; second term, 2|% .
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 4 years old;
after 4 years, 10% .
R ates an d Averages on Loans, October 30, 1909.
233 real estate loans (average, $1,637.25 each; average rate, 5 % ): 5 % , $381,480.
45 share loans (average, $372.55 each; average rate, 5 % ) : 5 % , $16,765.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,152.31
2.83
Other Expenses.
Total.
$383.29
$1,535.60
.94
3.77
BANK
No. 8.]
CO M M ISSIO N ER.
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
foreclosure
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
Fines
.
Transfer fees
.
Withdrawal profits
Forfeited profits
Cash on hand Oct. 31, 1908
/
$85,231 00
5,300 00
4,400
40,935
6,645
4,117
18,884
632
5
555
34
16,441
00
00
00
43
66
36
00
40
10
52
$183,181 47
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
.
.
$34,884
1,149
15,178
4,470
340
5,449
101,150
7,205
4,117
188
1,535
7,512
00
00
00
83
99
22
00
00
43
70
60
70
$183,181 47
155
R e co n cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share. in Force. TotalValue11
86
Nov. 1897
97
$16,853 42
12
08
120
22,209 60
May 1898
13
51
90
Nov. 1898
15,705 90
14
28
61
10,021 08
May 1899
15
33
113
Nov. 1899
17,439 29
68
184
26,621 12
16
May 1900
28
61
Nov. 1900
17
8,252 08
08
18
179
May 1901
22,568 32
19
Nov. 1901
13
193
22,606 09
20
38
178
May 1902
19,291 64
21
321
Nov. 1902
87
32,058 27
22
174
55
May 1903
15,929 70
47
202
Nov. 1903
23
16,860 94
55
24
228
May 1904
17,225 40
82
25
289
Nov. 1904
19,599 98
26
29
207
May 1905
12,480 03
Nov. 1905
95
388
27
20,544 60
372
28
77
May 1906
17,026 44
29
75
519
Nov. 1906
20,111 25
30
90
463
14,769 70
May 1907
21
Nov. 1907
31
538
13,562 98
32
68
486
May 1908
9,078 48
Nov 1908
33
31
710
8,740 10
34
08 1,086
May 1909
6,602 88
Dues paid in advance
157 00
$406,316 29
Dues capita]
Profits capital
Unpaid dues
$342,266 00
61,555 29
2,495 00
$408,316 29
D a t e o f E x a m in a t i o n , April 7, 8, 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
156
REPORT
OF T H E
[Pub. Doc.
M ILFO R D C O -O P E R A T IV E B A N K , M IL F O R D .
147 M A IN STREET.
Incorporated March 31, 1887.
R. C. E l d r id g e , President.
Began business April 1, 1887.
W a l t e r F. M a n n , Secretary.
W a l t e r F. M a n n , Treasurer.
Board of Directors: H . A . B r o w n , E. L . C l a r k , D . J. C r o n a n , F. W . D r a p e r , S. A . E a s t m a n ,
H . H . L e n t , A . T. M a c n e n , W . S. M a r d e n , J o h n N o l a n , P . E. S w e e n e y , H . E. W h i t n e y ,
E. P. W i l l a r d .
Security Committee: C. L . C l a r k , D . J. C r o n a n , L . E . H e a t h .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$431,910
25,074
2,063
231
116
1,756
00
00
26
50
18
21
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
.
$461,151 15
00
35
00
26
66
64
00
89
35
$461,151 15
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$380,690
68,330
6,300
3,287
2,340
136
6
19
40
M em bersh ip.
.
.«
.
.
1,128
367
54
225
7,008
2,851
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
161
68
1,010
383
P rofits D istributed.
First term, 2J % ; second term, 2$% .
Proportion of profits retained on voluntary withdrawals, 50% of last dividend.
Rates an d A verages on Loans, O ctober 30, 1909.
376 real estate loans (average, $1,148.69 each; average rate, 5 .2 4 % ) : 5 % , $320,750; 5 ^ % , $12,200;
5 } % , $8,100; 5|% , $7,000; 5£% , $7,050; 51 % , $1,350; 5 f % , $3,950; 5| % , $5,000; 6 % ,
$23,050; 6£% , $14,650; 6J% , $4,400; 6|% , $1,700; 6£ % , $8,660; 6 f % , $1,900; 6 f % , $850;
6 1 % , $6,600; 7 % , $2,200; 7 f % , $2,500.
148 share loans (average, $169.41 each; average rate, 5 .6 8 % ) ; 5 % , $10,359; 5J% , $475; 51 % ,
$1,080; 5|% $325; 5 f % , $1,600; 5|% , $450; 6 % , $1,335; 6 i % , $3,295; 6 1 % , $950; 6 f% ,
$695; 6 i % , $40; 6 | % , $1,230; 6|% , $1,650; 61 % , $465; 7 % , $1,025; 7 f % , $100.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,063.02
2.3 0
Other Expenses.
Total.
$419.56
$1,482.58
.91
3.21
No. 8.]
BANK
CO M M ISSION ER
R eceipts an d D isbursem ents, Year en d in g
October 30, 1909.
R e co n cilia tion o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R eceipts .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$82,681 00
2,150
41,705
18,901
24,276
968
39
297
2,159
00
00
00
34
92
00
99
43
$173,178 68
D isbursements .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$21,789
7,951
33,747
3,878
2,655
12,113
70,300
17,330
175
1,482
1,756
00
00
00
71
18
50
00
00
50
58
21
$173,178 68
157
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
Value
per Share. in Force. T°tal Value.
$194 66
96
$18,687 36
184 47
78
14,388 66
174 50
69
12,040 50
3,294 40
164 72
20
155 11
6,669 73
43
145 71
327
47,647 17
136 47
390
53,223 30
127 41
120
15,289 20
19,914 72
118 54
168
14,387 73
109 83
131
6,180 52
101 32
61
11,715 48
92 98
126
84 82
380
32,231 60
45,802 60
596
76 85
6.699 79
69 07
97
61 48
651
40,023 48
54 08
563
30,447 04
355
16,635 30
46 86
295
11,743 95
39 81
21,542 76
32 94
654
7,554 24
26 23
288
19 69
331
6,576 46
220
2,928 20
13 31
752
5,324 16
7 08
194 00
1 00
194
Dues paid in advance
452 00
$451,594 35
Dues capital
Profits capital
Unpaid dues
.
$380,690 00
68,330 35
2,574 00
$451,594 35
D a t e o f E x a m in a t i o n , November 18, 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
158
REPORT
OF T H E
[Pub. Doc.
M T. W A S H IN G T O N C O -O P E R A T IV E B A N K , BOSTON.
445 BR O A D W A Y (SOUTH BOSTON D IST R IC T ).
incorporated June 20, 1893.
T h o m a s J. G i b l i n , President.
Began business June 21, 1893.
J o h n M. S h e a , Secretary.
J o h n M. S h e a , Treasurer,
Board of Directors: P h in e a s E l t o n , J. H . G i b l i n , T. J. G i b l i n , T. R. G r im e s , F. J. H a n n o n .
W . J. H e n n e s s e y , F. W . L y o n s , F r a n c is M a g u r n , C. P . M o o n e y , J. P . M o r g a n , M . J.
M u l l e n , M. J. M u r r a y , G . H . S a l l a w a y , J. M . S h e a , A l f r e d S m a r t .
Security Committee: J. H . G i b l i n , F . J. H a n n o n , C. P . M o o n e y .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid fines
Cash
.
.
.
.
.
$366,930
11,640
803
1,177
84
7,390
00
00
64
92
40
14
Dues capital
Profits capital
Guaranty fund
Surplus
.
Forfeited share
.
.
.
.
.
.
.
.
.
.
.
account
.
.
.
.
$329,477 00
48,929 52
2,000 00
.
$388,026 10
$388,026 10
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
7,576 58
43 00
M em bership.
.
.
.
.
1,947
1,248
25
57
7,588
2,357
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
214
138
749
205
Profits D istributed.
First term, 2%%; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 4 years old; 20%
on series from 4 to 5 years old; 15% on series from 5 to 6 years old; 10% on series from 6 to 7
years old; 5 % on series from 7 to 8 years old; after 8 years, none.
R ates an d Averages on Loans, O ctober 30, 1909.
163 real estate loans (average, $2,251.10 each; average rate, 5 .0 6 % ) : 5 % , $328,500; 5£ % , $30,880;
6 % , $7,550.
74 share loans (average, $157.30 each; average rate, 5 .6 7 % ) : 5 % , $3,800; 6 % , $7,840.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$930.00
2 .4 0
Other Expenses.
Total.
$578.58
$1,508.58
1.49
3.89
BANK
No. 8.]
CO M M ISSION ER
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Cash on hand Oct. 31, 1908
$91,346 00
2,500
29,750
12,235
3,001
18,334
1
862
1
497
14
722
00
00
00
00
44
95
19
75
79
95
67
$159,267 74
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
$42,337
750
8,517
5,470
97
2,905
79,680
10,250
196
158
1,508
6
7,390
00
00
00
50
40
44
00
00
77
91
58
00
14
$159,267 74
159
R econ cilia tion of Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. i n i W . TotalVa,Ue$5,484 64
28
10 $195 88
Oct. 1897
3,851 40
21
183 40
11
May 1898
6,575 90
173 05
38
12
Nov. 1898
11,084
68
68
163
01
13
May 1899
14,096 24
92
153 22
14
Nov. 1899
80
2,011
14
143
70
15
May 1900
9,811 20
73
134 40
16
Nov. 1900
21,182 46
169
125 34
17
May 1901
16,660 93
143
116 51
18
Nov. 1901
27,617 28
256
107 88
19
May 1902
17,705 66
178
99 47
Nov. 1902
20
16,063 52
176
27
21
91
May 1903
22,563 46
271
83 26
22
Nov. 1903
34,391 52
456
75 42
23
May 1904
28,124 55
415
67 77
24
Nov. 1904
17,062 07
283
60
29
25
May 1905
18,433 56
52 97
348
Nov. 1905
26
33
27,165
593
45
81
27
May 1906
21,728 00
560
38 80
Nov. 1906
28
17,923
95
561
31
95
29
May 1907
17,404 14
689
25 26
30
Nov. 1907
7,207 20
385
18 72
31
May 1908
11,540 88
936
12 33
32
Nov. 1908
5,085 15
835
33
6 09
May 1909
Dues paid in advance
367 00
$381,142 52
Dues capital
Profits capital
Unpaid dues
$329,477 00
48,929 52
2,736 00
$381,142 52
D a t e or E x a m in a t i o n , March 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
160
REPORT
[Pub. Doc.
OF T H E
N E E D H A M C O -O P E R A T IV E B A N K , N E E D H A M .
234 GREAT PLAIN AVENUE.
Incorporated April 21, 1892.
A l b e r t E. M i l l e b , President.
Began business May 9, 1892.
W . G. M o s e l e y , Secretary.
W . G. M o s e l e y , Treasurer.
Board of Directors: C. E. B o u b n e , F. G . C l e w s , H. A. G r o s s m a n , H. A . T. Dow, F.
J. B. L e s t e r , A. E. M i l l e b , A. M. M i l l e r , T. F. P e a b o d y .
de
M. D u n n ,
Security Committee: C. E. B o u r n e , F. G. C l e w s , H. A . C r o s s m a n , A . M . M i l l e r , T. F. P e a b o d y .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Permanent expense account
Personal accounts
Cash
.
.
.
.
.
$218,128
6,608
650
22
3,653
42
00
00
85
73
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
.
.
.
.
.
.
.
.
00
02
00
98
00
$229,063 00
$229,063 00
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$193,872
30,448
1,300
3,439
3
.
.
.
.
2,410
1,168
21
6,019
1,369
258
128
754
156
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, the last dividend up to 7 years; after
7 years, none.
Rates and Averages on Loans, October 30, 1909.
122 real estate loans (average, 81,787.94 each; average rate, 6 .3 0 % ) 6 .3 0 % , $218,128.42.
35 share loans (average, $188.80 each; average rate, 6 .3 0 % ) ; 6 .3 0 % , $6,608.
T ota l Expenses fo r Year.
Salaries.
Amount paid f o r ................................................................. $740.00
Cost per $1,000 of assets
.
.
.
.
.
.
3.2 3
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Other Expenses.
$331.17
1.45
Total.
$1,071.17
4 .6 8
BANK
No. 8.]
R eceipts an d D isbursem en ts, Y ear end ing
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$70,109 00
1,400
28,650
9,118
12,275
628
193
2
620
2,330
00
00
00
27
90
86
25
01
08
$125,327 37
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Personal accounts
Cash on hand Oct. 30, 1909
161
COM M ISSIONER,
$27,385
2,940
3,595
1,260
76,568
8,793
37
1,071
22
3,653
00
00
80
00
02
00
80
17
85
73
R e co n cilia tio n o f Share A ccou n t w ith D ues
an d P rofits Capital.
Shares
Value
Total Value.
Date of Issue. Series. per Share.
in Force.
13 $198 00
$1,386 00
May 1898
7
1,117 74
Nov. 1898
14
186 29
6
43
7,522 42
15
174 94
May 1899
163 92
28
4,589 76
Nov. 1899
16
13,943 02
152 22
91
May 1900
17
1
142 83
Nov. 1900
18
142 83
132 75
47
6,239 25
May 1901
19
122 96
74
9,099 04
Nov. 1901
20
3,403 80
21
113 46
30
May 1902
8,025 71
Nov. 1902
22
104 23
77
11,241 86
23
118
May 1903
95 27
6,492 75
Nov. 1903
24
75
86 57
183
14,297 79
25
78 13
May 1904
6,783 21
97
Nov. 1904
26
69 93
18,343 12
296
27
61 97
May 1905
290
15,729 60
Nov. 1905
28
54 24
20,285 16
434
May 1906
29
46 74
30
448
17,678 08
Nov. 1906
39 46
18,203 18
32 39
562
May 1907
31
32
11,381 92
Nov. 1907
25 52
446
10,141 30
33
18 85
538
May 1908
12,454 28
Nov. 1908
34
12 38 1,006
6,844 20
35
May 1909
6 10 1,122
295 00
Dues paid in advance
$225,641 02
$125,327 37
Dues capital
Profits capital
Unpaid dues
.
$193,872 00
30,448 02
1,321 00
$225,641 02
D a t e o f E x a m in a t i o n , November 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
162
REPORT
OF
THE
[Pub. Doc.
N E W BEDFORD C O -O P E R A T IV E B A N K , N E W BEDFORD .
125 M IDDLE STREET.
Incorporated July 11, 1881.
G e o r g e R. S t e t s o n , President.
Began business August 19, 1881.
C h a r l e s R. P r i c e , Secretary.
E d g a r L o r d , Treasurer.
Board of Directors: S t a n d is h B o u r n e , J. L. G i b b s , W . A. K i r b y , C. S. P a is l e r , E . E . F. P o t t e r ,
O. S. P a i n e , W . L. S a y e r , R. A. S o u l e , C. M. T a b e r , F r e d e r ic T a b e r , H. W . T r i p p .
Security Committee: L. B. B a t e s , W . A. K
ir b y ,
H. W . T r i p p .
Regular meetings for receipt of moneys the third Friday of each month.
STATEM EN T OP CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $520,836 54
Less amount due
.
9,450 00
$511,386
24,850
5,222
2,026
299
6,838
Loans on shares
Unpaid dues
Unpaid interest
Unpaid fines
Cash
54
00
00
97
31
38
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
Matured share account
Advance interest
$447,665
76,730
10,979
10,256
401
4,579
9
$550,623 20
$550,623 20
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
83
98
87
77
75
00
M em bersh ip.
3,164
2,352
51
199
10,517
3,536
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
317
273
1,264
369
P rofits D istributed.
First term, 2 | % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 5 0% of last dividend.
R ates an d A verages on Loans, O ctober 30, 1909.
281 real estate loans (average, $1,819.88 each; average rate, 5 .7 0 % ) : 5 i % , $302,711.54: 6 % ,
$208,675.
88 share loans (average, $282.39 each; average rate, 5 .8 2 % ) : 5£ % , $8,900; 6 % , $15,950.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,083.58
3.7 8
Other Expenses.
Total.
$704.14
$2,787.72
1.28
5 .0 6
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem en ts, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Cash on hand Oct. 31, 1908
$127,189 00
3,925
92,775
33,050
60,400
28,794
635
1
812
94
425
9,267
5,447
00
00
00
00
03
94
25
06
05
10
73
04
$362,816 20
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Interest .
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Cash on hand Oct. 30, 1909
$67,572
2,758
29,033
7,994
890
10,818
150,550
23,600
54,850
323
2,787
112
4,687
6,838
00
00
00
00
83
15
00
00
00
94
72
20
98
38
$362,816 20
D a t e o f E x a m in a t i o n , July 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
163
R e co n cilia tion o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
i Ä e . TotalValue$23,233 86
Nov. 1897
34 $198 58
117
66
12,381 60
May 1898
35
187 60
Nov. 1898
36
176 90
71
12,559 90
18,652 48
37
112
May 1899
166 54
21,123 45
Nov. 1899
38
135
156 47
142
20,825 72
39
146 66
May 1900
40
23,994 25
Nov. 1900
137 11
175
15,204 63
41
119
127 77
May 1901
42
184
Nov. 1901
118 68
21,837 12
18,118 65
43
109 81
165
May 1902
44
101 14
217
21,947 38
Nov. 1902
22,060 22
45
92 69
238
May 1903
283
84 45
23,899 35
Nov. 1903
46
26,743 50
350
May 1904
47
76 41
34,833 56
48
68 57
508
Nov. 1904
354
21,565 68
May 1905
49
60 92
53 45
656
35,063 20
Nov. 1905
50
35,543 20
770
51
46 16
May 1906
25,343 45
52
649
Nov. 1906
39 05
53
32 13
918
29,495 34
May 1907
20,321 37
54
801
25 37
Nov. 1907
15,305 70
55
18 78
815
May 1908
13,311 72
Nov. 1908
56
12 36 1,077
9,729 50
57
6 10 1,595
May 1909
Dues paid in advance
1,301 00
$524,395 83
Dues capital
Profits capital
.
$447,665 00
76,730 83
$524,395 83
164
REPORT
OF TH E
[Pub. Doc,
N E W B U R Y P O R T C O -O P E R A TIV E B A N K , N E W B U R Y P O R T .
CORNER OF STATE AND ESSEX STREETS.
Incorporated March 15, 1888.
Began business April 9, 1888.
W . H e r b e r t N o t e s , President. G e o r g e E. S t i c k n e y , Secretary. G e o r g e E S t i c k n e y , Treasurer.
Board of Directors: L . F. B a r t o n , S. B r o o k in g s , C. E . H a l e , W . F. H o u s t o n , N . N . J o n e s ,
L . N . K e n t , H . W . L i t t l e , M. B . N o y e s , W . H . N o y e s , J. A. P e r r y , H . A. P is t o r i u s , G.
E . S t i c k n e y , H . A. W i l s o n .
Security Committee: L. F. B a r t o n , W . H. N o y e s , H. A. W
il s o n .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Temporary expense account
Cash
.
.
.
.
L iabilities.
$365,750
3,900
2,054
1,445
76
152
900
210
10,520
00
00
94
00
30
86
00
41
80
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Premiums
.
Fines
.
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$385,010 31
00
62
00
97
23
00
86
63
$385,010 31
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$310,697
65,700
3,020
3,325
2,018
99
43
105
M em bersh ip.
.
946
744
6,313
2,016
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
118
121
876
273
Profits D istributed.
First term, 2£% ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 2 5% on shares less than 7 years old; after
7 years, none.
R ates an d Averages o n Loans, O ctober 30, 1909.
267 real estate loans (average, $1,369.85 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $365,750.
11 share loans (average, $354.54 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $3,900.
T ota l E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,346.00
3.5 0
Other Expenses.
Total.
$969.79
$2,315.79
2 .5 2
6.02
No. 8.]
BANK
CO M M ISSIO N ER.
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans repaid
Share loans repaid
Real estate by foreclosure
Interest .
.
.
.
Premiums
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
.
.
.
.
.
.
$73,031
30,350
3,850
1,203
21,616
1,092
564
5
480
11
7,644
00
00
00
71
31
30
63
00
47
18
40
$139,849 00
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Temporary expense .
Fines
.
.
.
.
.
Surplus
.
.
.
.
.
Cash on hand Oct. 30, 1909
$48,119
13,079
60,350
2,600
2,273
2,345
3
557
10,520
00
30
00
00
90
24
37
39
80
$139,849 00
165
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per
Share. in Force Total Value.
111
Oct. 1898
22 $184 70
$20,501 70
Apr. 1899
23
173 63
18,404 78
106
24
162 87
Oct. 1899
157
25,570 59
Apr. 1900
25
152 46
213
32,473 98
142 31
26
152
21,631 12
Oct. 1900
Apr. 1901
27
132 46
31
4,106 26
28
122 87
293
Oct. 1901
36,000 91
Apr. 1902
29
113 56
227
25,778 12
104 50
30
138
14,421 00
Oct. 1902
Apr. 1903
124
31
95 69
11,865 56
32
Oct. 1903
87 12
151
13,155 12
21,031 59
267
78 77
Apr. 1904
33
233
70 64
34
16,459 12
Oct. 1904
291
62 74
18,257 34
35
Apr. 1905
36
16,022 46
Oct. 1905
55 06
291
Apr. 1906
37
47 60
339
16,136 40
38
40 35
385
15,534 75
Oct. 1906
Apr. 1907
33 29
39
607
20,207 03
40
Oct. 1907
26 45
431
11,399 95
41
Apr. 1908
19 81
568
11,252 08
42
13 36
Oct. 1908
345
4,609 20
Apr. 1909
43
484
7 09
3,431 56
Oct. 1909
44
1 00
369
369 00
Dues paid in advance
126 00
$378,745 62
Dues capital
Profits capital
Unpaid dues
Suspense dues
$310,697
65,700
2,273
75
00
62
00
00
$378,745 62
D a t e o f E x a m in a t i o n , December 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
166
REPORT
OF T H E
[Pub. Doc.
N E W T O N CO -O P ER ATIV E B A N K , N E W T O N .
297 W ALNUT STREET, NEW TONVILLE.
Incorporated June 14, 1888.
J a m e s W . F b e n c h , President.
Began business September 4, 1888.
J. C h e e v e r F u l l e r , Secretary.
J. C h e e v e r F u l l e r , Treasurer.
Board of Directors: H . E. B o t h f e l d , T. B . F i t z p a t r i c k , W . M . F l a n d e r s , J. W . F r e n c h , S. W .
F r e n c h , J. C. F u l l e r , F. J. H a l e , P. A. M c V i c a r , A. R. W e e d , G. M. W e e d .
Security Committee: W . M . F l a n d e r s , J. W . F r e n c h , J. C. F u l l e r , F . J. H a l e , P. A . M cV i c a r ,
A. R . W eed.
Regular meetings for receipt of moneys the first Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Temporary expense account
Insurance and taxes paid .
Interest paid
Cash
.
.
.
.
L iabilities.
.
$728,400
16,030
12,150
6,213
761
165
36
1,790
00
00
00
94
48
47
00
02
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Withdrawal profits
.
$765,546 91
00
97
00
83
88
05
18
$765,546 91
Shares.
Issued during year
Withdrawn during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$641,589
101,658
10,800
4,246
6,786
140
325
M em bersh ip.
.
.
.
.
3,210
2,846
241
14,170
3,994
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
204
198
1,545
425
P rofits D istrib u ted.
First term, 2 1 % ; second term, 21 % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; 10%
on series from 5 to 8 years old; after 8 years, none.
R ates an d A verages on Loans, October 30, 1909.
392 real estate loans (average, $1,858.16 each; average rate, 5 .0 9 % ) ; 5 % , $645,150; 5| % , $26,350;
5 .7 0 % , $22,800; 6 % , $34,100.
40 share loans (average, $400.75 each; average rate, 5 .0 3 % ) : 5 % , $15,580; 6 % , $450.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$3,000.00
3 .9 2
Other Expenses.
Total.
$1,998.11
$4,998.11
2.61
6.53
BANK
No. 8.]
R eceipts an d D isbursem en ts, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
_.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$168,924 00
6,400
207,175
12,030
6,199
36,568
7
630
1,180
2,692
00
00
00
64
01
95
62
19
92
$441,808 33
D is b u r s e m e n t s
Dues capital withdrawn
Dues capital retired .
Profits capital withdrawn .
Profits capital retired
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
167
COM M ISSIONER.
$103,046
41,164
13,337
13,571
243,475
11,300
8,259
702
4,998
165
1,790
00
00
11
26
00
00
05
31
11
47
02
$441,808 33
R e co n cilia tion o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
19 $194 31
Sept. 1897
183 75
Mar. 1898
20
173 52
21
Sept. 1898
Mar. 1899
22
163 57
23
153 87
Sept. 1899
24
144 45
Mar. 1900
25
135 27
Sept. 1900
Mar. 1901
26
126 29
27
117 55
Sept. 1901
Mar. 1902
28
109 02
29
100 69
Sept. 1902
92 57
Mar. 1903
30
31
84 63
Sept. 1903
32
Mar. 1904
76 87
33
Sept. 1904
69 28
Mar. 1905
34
61 86
54 60
35
Sept. 1905
Mar. 1906
36
47 50
40 56
37
Sept. 1906
33 77
Mar. 1907
38
39
27 13
Sept. 1907
Mar. 1908
40
20 64
14 29
41
Sept. 1908
42
8 08
Mar. 1909
2 00
43
Sept. 1909
Shares Total Value.
in Force.
$34,392 87
177
30,502 50
166
213
36,959 76
33,531 85
205
19,233 75
125
36,112 50
250
263
35,576 01
39,907 64
316
33,971 95
289
298
32,487 96
302
30,408 38
430
39,805 10
273
23,103 99
33,592 19
437
354
24,525 12
35,693 22
577
36,090 60
661
773
36,717 50
818
33,178 08
1,048
35,390 96
824
22,355 12
1,420
29,308 80
1,408
20,120 32
1,335
10,786 80
1,208
2,416 00
1,183 00
Dues paid in advance
$747,351 97
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
.
.
$641,589 00
101,658 97
4,104 00
$747,351 97
D a t e o f E x a m in a t i o n , April 1, 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
168
REPORT
OF TH E
[Pub. Doc.
N O RTH A B IN G T O N C O -O P E R A T IV E B A N K , N O RTH
A B IN G T O N .
NORTH AVENUE.
Incorporated March 23, 1888.
W i l l ia m C. B b e t t , President.
Began business April 4, 1888.
E r n e s t W . C a l k i n s , Secretary.
E d w a r d P . B o t n t o n , Treasurer.
Board of Directors: N . E. A r n o l d , A . N . C a l k i n s , D. R . C o u g h l a n , J. L. G r e e n w o o d , A . L.
M e r r i l l , E. H. N a y l o r , G. W . O r c u t t , J. A . R a d c l i f f e , A . B. R e e d , F. E. S h a w , G. H.
S u m n e r , H . N . T h o m a s , S. N . T u r n e r .
Security Committee: E. W . C a l k i n s , J. L. G r e e n w o o d , S. N. T u r n e r
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Insurance and taxes paid
Cash
8338,530 00
5,075 00
2,000 00
1,741
1,262
67
198
2
89
16,720
16
44
65
14
70
72
02
Dues capital
Profits capital .
Guaranty fund
Surplus
Interest
Premiums
Fines
Withdrawal profits
Forfeiture profits
Forfeited share account
.
$365,686 83
.
M em b ersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
63
00
87
83
50
64
71
00
65
$365,686 83
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$297,556
56,129
1,570
8,329
1,769
89
78
48
3
111
.
.
.
.
1,903
1,143
19
99
7,443
1,830
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
229
142
1,071
289
Profits Distributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates an d A verages o n Loans, O ctober 30, 1909.
289 real estate loans (average, $1,258.47 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $338,530.
28 share loans (average, $181.25 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $5,075.
T o ta l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,000.00
2 .7 3
Other Expenses.
Total,
$448.74
$1,448.74
1.2 3
3 .9 6
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Rent
.
.
.
.
Cash on hand Oct. 31, 1908
$84,234 00
1,400 00
2,000
34,175
5,933
1,076
20,024
1,016
713
2
315
3
511
3
2,615
00
00
00
28
39
21
15
25
27
00
37
50
65
$154,023 07
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Forfeited share account
Interest .
.
.
.
Cash on hand Oct. 30, 1909
$35,215
522
13,929
5,418
98
5,938
68,150
4,760
1,103
1,448
521
198
16,720
00
00
00
28
96
02
00
00
17
74
88
00
02
$154,023 07
D a t e o p E x a m in a t i o n , November 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
169
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share. i X e: e. Tota! Value.
1898
21
$198
98
45
$8,954 10
Apr.
22
2
187 29
374 58
Oct. 1898
94
Apr. 1899
23
175
71
12,491 74
7,421 40
24
164 92
45
Oct. 1899
154 22
Apr. 1900
25
115
17,735 30
143 83
26
155
22 293 65
Oct. 1900
133 75
117
15,648 75
Apr. 1901
27
123 96
28
105
13,015 80
Oct. 1901
114
173
46
19,801 58
Apr. 1902
29
30
151
105 23
15,889 73
Oct. 1902
31
221
Apr. 1903
96 27
21,275 67
32
87 57
207
18,126 99
Oct. 1903
33
261
20,652 93
Apr. 1904
79 13
34
70 93
275
19,505 75
Oct. 1904
35
62 97
247
15,553 59
Apr. 1905
36
496
27,399 04
55 24
Oct. 1905
428
Apr. 1906
37
47 74
20,432 72
40 46
462
38
18,692 52
Oct. 1906
39
33 39
571
Apr. 1907
19,065 69
40
26 52
535
14,188 20
Oct. 1907
41
19 85
592
Apr. 1908
11,751 20
42
13 38
585
Oct. 1908
7,827 30
43
964
6,844 40
Apr. 1909
7 10
44
1 00
620
620 00
Oct. 1909
Dues paid in advance
366 00
$355,928 63
Dues capital
Profits capital
Unpaid dues
.
$297,556 00
56,129 63
2,243 00
$355,928 63
170
REPORT
OF
THE
[Pub. Doc.
N O R T H AM PT O N C O -O P E R A T IV E B A N K , N O R T H AM PT O N .
25 M A IN STREET.
Incorporated May 21, 1889.
L. L. C a m p b e l l , President.
Began business May 24, 1889.
H . R . G b a v e s , Secretary.
H . R . G b a v e s , Treasurer.
Board of Directors: F. L. C l a p p , W . M. C o c h e a n , W . N. D o a n e , J. A . G a g n e , C. K . G b a v e s ,
R W . I b w i n , A . M. L o c k e , J. W . O ’B b i e n , C. O. P a b s o n s , E. E. W o o d , Jr.
Security Committee: L. L . C a m p b e l l , A. M. L o c k e , J. W . O ’B b i e n .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Liabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Personal accounts
Cash
$576,050
16,860
4,900
1,031
2,452
00
00
00
07
90
1 10
512
270
90
17,012
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
$506,835
102,074
2,696
7,500
73
83
00
00
16
$619,180 06
$619,180 06
Shares.
Issued during year
.
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
.
00
49
66
31
60
.
.
.
2,677
1,427
150
82
. 11,032
. 3,613
.
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
316
146
1,510
449
Profits Distributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 5 years old; after
5 years, none.
R ates and Averages o n Loans, October 30, 1909.
365 real estate loans (average, $1,578.08 each; average rate, 6 % ) : 6 % , $569,550; 6 .3 0 % , $5,500;
6 .6 0 % , $1,000.
89 share loans (average. $189.44 each; average rate, 6 % ) ; 6 % , $16,860.
Total Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries. Other Expenses.
Total.
$1,485.00
$498.74
$1,983.74
2 .4 0
.80
3.20
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Personal accounts
Cash on hand Oct. 31, 1908
$131,118 00
7,900
130,600
13,875
3,200
8,059
34,401
28
991
6
337
720
8,459
00
00
00
00
63
16
60
94
50
35
47
20
$339,697 85
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
.
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
Mortgages
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Permanent expense .
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
.
.
.
.
$60,627
20,912
11,808
9,875
7,624
4,840
188,950
11,260
400
2,583
520
1,983
88
1,212
17,012
00
00
00
81
00
04
00
00
00
40
50
74
50
70
16
$339,697 85
D a t e o f E x a m in a t i o n , June 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
171
COM M ISSIONER.
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
18 $202 80
Nov. 1897
19
191 36
May 1898
ISO 12
20
Nov. 1898
21
169 28
May 1899
22
158 79
Nov. 1899
148 61
23
May 1900
138 75
24
Nov. 1900
129 19
25
May 1901
119 89
26
Nov. 1901
27
110 81
May 1902
101 97
28
Nov. 1902
93 37
29
May 1903
85 03
30
Nov. 1903
76 87
31
May 1904
68 92
32
Nov. 1904
33
61 18
May 1905
34
53 63
Nov. 1905
35
46 28
May 1906
36
39 12
Nov. 1906
32 15
37
May 1907
38
25 37
Nov. 1907
18 77
39
May 1908
12 34
Nov. 1908
40
6 09
41
May 1909
Dues paid in advance
in Force. Total Value.
34
109
164
174
214
288
250
263
215
320
301
359
238
303
322
437
428
501
476
816
977
1,273
1,036
1,534
$6,895
20,858
29,539
29,454
33,981
42,799
34,687
33,976
25,776
35,459
30,692
33,519
20,237
23,291
22,192
26,735
22,953
23,186
18,621
26,234
24,786
23,894
12,784
9,342
20
24
68
72
06
68
50
97
35
20
97
83
14
61
24
66
64
28
12
40
49
21
24
06
502 00
$612,402 49
Dues capital
Profits capital
Unpaid dues
$506,835 00
102,074 49
3,493 00
$612,402 49
172
REPORT
OF
THE
[Pub. Doc.
N O RTH D IG H T O N C O -O P E R A T IV E B A N K , N O R T H D IG H T O N .
SPRING STREET.
Incorporated April 14, 1890.
Began business April 21, 1890.
D a n i e l C r o t t y , President. N a t h a n i e l R. L i n c o l n , Secretary. E. E l l s w o r t h L i n c o l n , Treasurer.
Board of Directors: E d w a r d A l m y , A G. B o s w o r t h , C. F. B r o w n e l l , S. N . C o d d in g , J. P . D a r y ,
J. F. D r is c o l l , J. H . G o p f , E d w in H a s k i n s , C. F. I n g a l l s , H . G. J o n e s , J. H. N o r r i s ,
W . J. R e a d , C. E . R e e d , G. A . R e e d , W . L. W h i t e , T. P. W i l l i a m s .
Security Committee: E d w a r d A l m y , J. P. D a r y , C. F. I n g a l l s .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate .
Loans on shares
Unpaid interest
Temporary expense account
Cash
.
.
.
.
$82,575
2,500
64
112
1,677
00
00
60
00
99
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Personal accounts
Pass book account
$70,523
10,644
995
2,228
2,197
171
169
$86,929 59
$86,929 59
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em b ersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
21
87
55
13
18
25
40
.
590
428
18
44
1,729
533
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
53
33
247
86
P rofits D istributed.
One term, 5 % .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d A verages o n Loans, O ctober 30, 1909.
83yreal estate loans (average, $994.88 each; average rate, 5 .3 0 % ) : 5 .3 0 % , $82,575.
8 'share loans (average, $312.50 each; average rate, 5 .3 0 % ) ; 5 .3 0 % , $2,500.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$175.00
2.01
Other Expenses.
$44.56
.51
Total.
$219.56
2.5 2
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Fines
.
.
.
.
Personal accounts
Pass book account
Cash on hand Oct. 31, 1908
.
$20,507
32,300
2,590
4,886
295
1,885
5
428
00
00
00
75
50
89
00
45
$62,898 59
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Personal accounts
Cash on hand Oct. 30, 1909
$15,236
1,021
6,509
1,988
200
2,368
28,450
3,355
156
219
1,716
1,677
00
00
00
12
38
08
00
00
82
56
64
99
$62,898 59
D a t e o f E x a m in a t i o n , A u g u st 3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
173
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Shares
Value
Total Value.
Date of Issue. Series.
per Share. in Force.
$5,490 30
Apr. 1898
30
9 $183 01
7,310 70
162 46
45
Apr. 1899
10
100
14,305 00
Apr. 1900
11
143 05
7,110 18
Apr. 1901
12
124 74
57
7,517 30
Apr. 1902
13
70
107 39
5,179 59
Apr. 1903
14
90 87
57
4,132 15
Apr. 1904
15
55
75 13
6,495 12
Apr. 1905
60 14
108
16
6,926 37
151
Apr. 1906
17
45 87
8,425 08
32 28
261
Apr. 1907
18
274
5,296 42
Apr. 1908
19
19 33
521
3,647 00
Apr. 1909
20
7 00
Dues paid in advance
36 00
$81,871 21
Dues capital
Profits capital
Unpaid dues
$70,523 00
10,644 21
704 00
$81,871 21
174
REPORT
OF T H E
[Pub. Doc.
N O R TH D O RCH ESTER C O -O P E R A TIV E B A N K , BOSTON.
923 DORCHESTER AVENUE (DORCHESTER D ISTR IC T).
Incorporated July 20; 1907.
P e t e r F H a n l e y , President.
Began business August 20, 1907.
T h o m a s L. L y o n s , Secretary.
T h o m a s L. L y o n s , Treasurer.
Board of Directors: E . J. C a l l a n a n , F . P. C a r e y , M . J. C u d d ih y , M . J. D r is c o l l , E. F . F o r d ,
W . A F o u h y , J E. F u r f e y , A . E. G a y g i n , A . C. H a l e y , A n t o n K u n t z , J. W . M cD e r m o t t ,
J. H . M u r p h y , G. A . S u l l i v a n , J. P. T r e a n o r , W . P. W a t t e n d o r f .
Security Committee: E. J. C a l l a n a n , M. J. D r is c o l l , P. F. H a n l e y .
Regular meetings for receipt of moneys the third-Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Permanent expense account
Cash
.
.
.
.
$28,700
365
379
103
00
00
96
98
Dues capital
Profits capital .
Guaranty fund .
$28,330 00
1,188 86
30 08
$29,548 94
$29,548 94
Shares.
Issued during year
.
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
791
280
1,796
181
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
114
55
244
17
Profits Distributed.
First term, l i % ; second term, 1J% ;
term, 1\% ; fourth term, 1J% .
third
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 5 years old; 20%
on series from 5 to 6 years old; 10% on series from 6 to 7 years old; 5 % on series from 7 to 8
R ates and A verages on Loans, October 30, 1909.
13 real estate loans (average, $2,207.69 each; average rate, 5 .1 4 % ) : 5 % , $24,700; 6 % , $4,000.
4 share loans (average, $91.25 each; average rate, 5 % ) : 5 % , $365.
Total Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$83.40
2 .8 2
Other Expenses.
$108.05
3 .6 6
Total.
$191.45
6.48
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear en d in g
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$17,633
2,000
810
1,07S
60
29
1,148
00
00
00
86
09
88
05
$22,756 88
$3,627
112
17,700
1,005
17
191
103
00
20
00
00
25
45
98
$22,756 88
D a t e o f E x a m in a t i o n , March 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per kjharc.
1
$28 31
Aug. 1907
2
25 08
Nov. 1907
21 86
3
Feb. 1908
18 65
4
May 1908
15 45
Aug. 1908
5
9 17
6
Feb. 1909
6 07
7
May 1909
3 02
8
Aug. 1909
Shares Total Value.
502
201
170
65
130
306
135
287
$14,211
5,041
3,716
1,212
2,008
2,806
819
866
62
08
20
25
50
02
45
74
10 00
Dues paid in advance
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
.
.
.
.
Temporary expense .
Permanent expense .
Cash on hand Oct. 30, 1909
175
CO M M ISSIO N ER
$30,691 86
Dues capital
Profits capital
Unpaid dues
,
$28,330 00
1,188 86
1,173 00
$30,691 86
176
REPORT
OF T H E
[Pub. Doc
WORTH EASTOW C O -O P E R A TIV E B A N K , WORTH EASTOW.
22 CENTRE STREET.
Incorporated April 23, 1889.
L . B. C r o c k e t t , President.
Began business April 23, 1889.
W il l ia m H . C l e m e n t s Secretary.
W il l ia m H . C l e m e n t s , Treasurer.
Board of Directors: J o h n B a l d w i n , J. R . C l a r k , F . L. C r o c k e t t , G. H . D e W i t t , J. C. G o w a r d ,
W . J. H e e l a n , W . N. H o w a r d , T. F L a d d , F r e d P o r t e r , A B. S l a d e n , E. P. S p o o n e r ,
H. F. T hayer.
Security Committee: L. B. C r o c k e t t , G. H. D e W
it t ,
A. B. S l a d e n .
Regular meetings for receipt of moneys the third Monday of every month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Temporary expense account
Mortgage balance
Cash
.
.
L iabilities.
.
$174,915
3,034
1,526
5
82
114
47
184
4,756
00
00
79
10
19
60
00
84
89
$184,666 41
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Withdrawal profits
Forfeited share account
Personal accounts
.
$148,246
29,338
2,888
3,071
929
6
34
11
15
126
00
15
63
21
33
10
02
62
34
01
$184,666 41
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
M em bersh ip.
.
.
797
402
8
90
66
3,534
1,009
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
66
36
451
164
P rofits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 5 years old; after
5 years, none.
R ates an d Averages o n Loans, O ctober 30, 1909.
158 real estate loans (average, 81,107.06 each; average rate, 6 .0 5 % ) : 6 % , $145,240; 6 .3 0 % , $29,675.
16 share loans (average, $189.62 each; average rate, 6 % ) ; 6 % , $3,034.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$480.00
2 .6 0
Other Expenses.
$182.51
.99
Total.
$662.51
3.5 9
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Retired share account
Matured share account
Cash on hand Oct. 31, 1908
$39,254 00
1,500 00
3,200
21,700
1,491
5,374
10,247
103
412
1
155
1
11,131
13,300
6,360
00
00
00
80
51
77
23
75
23
76
45
66
66
$114,234 82
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits canital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Permanent expense .
Retired share account
Matured share account
Cash on hand Oct. 30, 1909
.
$13,558
116
8,589
9,197
2,514
8
2,278
3,972
40,550
1,575
1,629
394
547
114
11,131
13,300
4,756
00
00
00
00
11
14
40
98
00
00
95
73
91
60
45
66
89
$114,234 82
D a t e o f E x a m in a t i o n , December 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
177
CO M M ISSION ER
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series. J ^ r e . in f c . Total Value'
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
$199
187
175
164
154
143
133
123
114
105
96
87
79
70
62
55
47
40
33
26
19
13
7
1
Dues paid in advance
06
35
96
94
21
83
76
97
49
28
28
57
13
93
97
24
74
46
39
52
85
38
10
00
33
25
40
45
45
43
54
69
41
68
155
94
170
124
142
137
234
317
303
187
309
269
282
348
$6,568
4,683
7,038
7,422
6,939
6,184
7,223
8,553
4,694
7,159
14,923
8,231
13,452
8,795
8,941
7,567
11,171
12,825
10,117
4,959
6,133
3,599
2,002
348
98
75
40
30
45
69
04
93
09
04
40
58
10
32
74
88
16
82
17
24
65
22
20
00
149 00
$179,685 15
Dues capital
Profits capital
Unpaid dues
.
$148,246 00
29,338 15
2,101 00
$179,685 15
178
REPORT
OF
THE
[Pub. Doc.
N O R W O O D C O -O P E R A TIV E B A N K , N O R W O O D .
W ASHINGTON, CORNER VERNON STREET.
Incorporated September 20, 1889.
F r a n c is O. W i n s l o w , President.
Began business October 1, 1889.
I r v i n g S. F o g g , Secretary.
I r v i n g S. F o g g , Treasurer.
Board of Directors: E. H . B a r t l e t t , G. H . B a t e m a n , H . L. B o y d e n , D . E. C a l l a h a n , F. E.
E v e r e t t , F. A. F a l e s , F. L. F i s h e r , H . W . G a y , J. A. H a r t s h o r n , J. E. S m i t h , R u s s e l l
WILLIAMSON.
Security Committee: F. A. F a l e s , F. L. F is h e r .
Regular meetings for receipt of moneys the first Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Unpaid fines
Temporary expense account
Personal accounts
Cash
.
.
.
.
.
$415,520
13,330
129
135
205
41
00
00
76
32
88
62
Liabilities.
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Transfer fees
.
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
$429,362 58
$346,923
69,179
2,400
10,608
92
1
158
00
56
00
76
21
00
05
$429,362 58
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
2,256
1,176
6
94
147
8,718
2,391
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
270
147
1,131
307
P rofits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 25% .
Rates and Averages o n Loans, October 30, 1909.
330 real estate loans (average, $1,259.15 each; average rate, 6 % ) : 6 % , $415,520.
71 share loans (average, $187.74 each; average rate, 6 % ) : 6 % , $13,330.
T otal Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
Salaries.
$960.00
2.2 4
Other Expenses.
$490.35
1.14
Total.
$1,450.35
3.3 8
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
foreclosure
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
Fines
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Persona] accounts
Surplus
.
.
Security committee .
Profits capital .
.
.
.
Cash on hand Oct. 31, 1908
$96,483 00
1,200 00
2,000
43,750
6,995
1,150
24,220
556
1
1,027
7
15
67
88
00
00
00
00
07
95
75
08
08
00
97
50
22
3,498 62
$181,061 24
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Permanent expense .
Personal accounts
Security committee .
Surplus
.
.
.
.
Cash on hand Oct. 30, 1909
.
$32,342
210
12,320
20,577
4 123
28
5,027
8,817
84,450
9,585
1,150
641
1,450
38
107
88
62
41
00
00
00
00
71
44
98
06
00
00
00
37
35
49
72
50
00
62
$181,061 24
D a t e o f E x a m in a t i o n , September 1.
/
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
179
CO M M ISSION ER.
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series. pJsh®re. ¡ S r c e . Total Value'
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
OctApr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
$198
187
175
164
154
143
133
123
114
105
96
87
79
70
62
55
47
40
33
26
19
13
7
1
98
29
94
92
22
83
75
96
46
23
27
57
13
93
97
24
74
46
39
52
85
38
10
00
113
40
113
174
137
96
37
113
151
165
232
194
322
310
348
407
601
523
681
544
697
910
948
862
$22,484
7,491
19,881
28,696
21,128
13,807
4,948
14,007
17,283
17,362
22,334
16,988
25,479
21,988
21,913
22,482
28,691
21,160
22,738
14,426
13,835
12,175
6,730
862
74
60
22
08
14
68
75
48
46
95
64
58
86
30
56
68
74
58
59
88
45
80
80
00
328 00
Dues paid in advance
$419,229 56
Dues capital
Profits capital
Unpaid dues
.
.
$346,923 00
69,179 56
3,127 00
$419,229 56
180
REPORT
OF
THE
[Pub. Doc.
O R AN G E C O -O P E R A TIV E B A N K , O R AN G E.
31,2
SOUTH M A IN STREET.
Incorporated January 8, 1889.
F r a n k S. E w i n g , President.
Began business January 23, 1889.
E l is h a S. H a l l , Secretary.
E l is h a S. H a l l , Treasurer.
Board of Directors: A. M . B a l l o u , C. C. C o o k , F . A. D e x t e r , E . C. F o w l e r , O sc a r F u l l e r ,
J. D. K i m b a l l , Z. W . L a m b , T. S. M a n n , F. W . P l a t t s , D. P . R e a d , F. L . S p e a r , G. P .
Sh e r w in .
Security Committee: E. S. H a l l , J. D. K im b a l l , T. S. M a n n .
Regular meetings for receipt of moneys the fourth Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$120,070
3,260
470
3
5,843
00
00
00
75
61
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Fines
.
.
Transfer fees
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$129,647 36
00
51
62
63
35
82
25
63 18
$129,647 36
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$103,060
16,833
972
6,312
2,363
41
M em b ersh ip.
.
403
230
58
2,238
754
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
38
78
303
127
P rofits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 5 0 % of last dividend.
R ates an d A verages on Loans, O ctober 30, 1909.
I l l real estate loans (average, $1,081.71 each; average rate, 5 .9 0 % ) : 5 % , $11,900; 6 % , $108,170.
20 share loans (average, $163 each; average rate, 5 .4 2 % ) : 5 % , $1,900; 6 % , $1,360.
T otal E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$400.00
3.0 9
Other Expenses.
$49.37
.38
Total.
$449.37
3.47
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
Dues capital
. K'ECEIPTSReal estate loans eliminated by
maturity of shares
.
.
Real estate loans repaid
.
.
Share loans repaid
.
.
.
.
.
.
.
Interest .
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
.
.
.
Cash on hand Oct. 31, 1908
.
$26,109 00
2,200 00
13,710 00
1,185 00
6,980 23
143 89
75
197 78
6,163 96
$56,690 61
D isb u r s e m e n t s.
Dues capital withdrawn
.
Dues capital matured
.
Profits capital withdrawn .
Profits capital matured
.
Real estate loans
.
.
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
.
Cash on hand Oct. 30, 1909
.
.
.
.
.
.
.
181
CO M M ISSION ER
$11,809 00
8,730 00
2,319 03
3,278 08
22,900 00
1,360 00
1 52
449 37
5,843 61
$56,690 61
R e co n cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
19 $193 57
182 67
20
21
172 11
22
161 79
23
151 81
24
142 05
132 58
25
123 39
26
114 38
27
28
105 63
29*
97 13
30
88 82
31
80 71
32
72 81
33
65 12
34
57 63
35
50 31
36
43 19
37
36 23
38
29 43
22 82
39
40
16 38
41
10 10
42
4 00
Dues paid in advance
Æ c e . Total Value21
6
7
20
81
26
16
72
51
13
71
93
104
56
114
123
167
128
319
61
176
138
208
167
$4,064
1,096
1,204
3,235
12,296
3,693
2,121
8,884
5,833
1,373
6,896
8,260
8,393
4,077
7,423
7,088
8,401
5,528
11,557
1,795
4,016
2,260
2,100
668
97
02
77
80
61
30
28
08
38
19
23
26
84
36
68
49
77
32
37
23
32
44
80
00
66 00
$122,337 51
Dues capital
Profits capital
Unpaid dues
.
$103,060 00
16,833 51
2,444 00
$122,337 51
D a t e o f E x a m in a t i o n , October 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
182
REPORT
OF T H E
[Pub. Doc.
P E A B O D Y C O -O P E R A TIV E B A N K , P E A B O D Y .
THOMAS BLOCK, PEABOD Y SQUARE.
Incorporated May 28, 1888.
P . H . O ’C o n o r , President.
Began business June 16, 1888.
J o h n A . T e a g u e , Secretary.
J o h n A . T e a g u e , Treasurer
Board of Directors: C. F. B u s h b y , P. H . C o l e m a n , G. C. F a r r in g t o n , B. G. H a l l , J u s t u s J o n e s
W . T. L e e , S. S. L i t t l e f i e l d , S. L. N e w h a l l , L. P. O s b o r n , L e v i P r e s t o n , A l o n z o R a d d i n ,
W . F. S a w y e r , V. W . S m it h .
Security Committee: J u s t u s J o n e s , L e v i P r e s t o n , A l o n z o R a d d i n .
Regular meetings for receipt of moneys the third Saturday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Temporary expense account
Insurance and taxes paid
Mortgage balance
Cash and cash items .
.
8581,252
13,950
1,400
978
917
13
8
4,766
00
00
00
22
53
12
67
51
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Matured share account
Personal accounts
.
$501,779
70,779
2,673
9,121
13,900
10
361
2
162
48
3,413
1,035
$603,286 05
$603,286 05
Shares.
Issued during year
.
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
00
38
00
38
42
12
00
25
13
00
77
60
.
.
.
.
.
.
.
.
.
2,719
2,001
134
11,990
3,381
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
294
245
1,567
446
Profits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 10% on series not over 54 months old;
after 54 months, none.
R ates an d Averages o n L oans, October 30, 1909.
411 real estate loans (average, $1,414.23 each; average rate, 5 .5 1 % ) ; 5 £ % , $574,252; 6 .3 0 % ,
$7,000.
62 share loans (average, $225 each; average rate, 5 £ % :) 5J-%, $13,950.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
............................................$1,867.32
3.09
Other Expenses.
$842.52
1.40
Total.
2,709.84
4.4 9
BANK
No. 8.]
CO M M ISSION ER
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
•
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
Premiums
.
Fines
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Mortgage balance
.
Surplus
.
Cash on hand Oct. 31, 1908
Date of Issue. Series.
48
26,870
960
63
1,002
00
00
00
20
22
21
50
67
18
00
38
97
00
61
$307,249 94
D is b u r s e m e n t s .
Dues capita] withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense .
Matured share account
Mortgage balance
Fines
.
.
.
.
Cash on hand Oct. 30, 1909
.
00
00
00
62
92
22
00
00
96
84
61
00
14
13 12
4,766 51
$75,811
48
19,276
11,174
1
7,614
150,488
11,700
176
2,709
23,456
13
$307,249 94
D a t e o f E x a m in a t i o n , August 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R econ cilia tion of Share A cco u n t w ith Dues
an d Profits Capital.
$141,874 00
4,800
88,550
10,200
31,686
28
815
4
346
183
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
Value
per Share.
$194 52
183 53
172 90
162 52
152 49
142 72
133 26
124 01
115 06
106 23
97 86
89 58
81 56
73 64
65 96
58 46
51 15
44 03
37 09
30 33
23 73
17 32
11 08
5 00
Dues paid in advance
Shares
in Force. Total Value.
142
$27,621 84
41
7,524 73
12
2,074 80
19,014 84
117
58
8,844 42
136
19,409 92
184
24,519 84
159
19,717 59
232
26,693 92
263
27,938 49
222
21,724 92
173
15,497 34
586
47,794 16
339
24,963 96
647
42,676 12
630
36,829 80
927
47,416 05
697
30,688 91
1,090
40,428 10
883
26,781 39
856
20,312 88
1,053
18,237 96
1,180
13,074 40
1,363
6,815 00
291 00
$576,892 38
Dues capital
Profits capital
Unpaid dues
$501,779 00
70,779 38
4,334 00
$576,892 38
184
REPORT
OF
THE
[Pub. Doc.
PEOPLES CO -OPER ATIVE B A N K , F A L L R IV E R .
60 BEDFORD STREET.
Incorporated February 18, 1882.
J o h n H. E s t e s , President.
Began business March 15, 1882.
C h a r l e s H. D u r f e e , Secretary.
C h a r l e s H. D u r f e e , Treasurer.
Board of Directors: F. C. B r o w n e l l , J. B. C l i f t o n , A . P. D a v o l , C. H. D u r f e e , J. E . E s t e s ,
J. H . E s t e s , P a t r i c k K i e r a n , A r c h ib a l d M c D o u g a l l , C. E . M i l l s , C. C. P o t t e r , J. E .
S u l l i v a n , M ic h a e l S w e e n e y , M a t t h e w T h o m p s o n .
Security Committee: A . P. D a v o l , C. H. D u r f e e , J. H. E s t e s , P a t r i c k K
ie r a n ,
M ic h a e l Sw e e n e y .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Real estate by foreclosure,
Unpaid interest
Cash
L iabilities.
$274,150 00
10,100 00
4,032 27
847 30
8,569 72
Dues capital
Profits capital .
Guaranty fund .
Surplus
$240,474
44,146
2,840
10,238
$297,699 29
$297,699 29
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
16
35
78
M em bersh ip.
.
.
.
.
1,445
1,142
158
15
5,250
1,606
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
176
148
630
142
Profits D istributed.
First term, 2 4 % ; second term, 2 4 % .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d Averages o n Loans, October 30, 1909.
114 real estate loans (average, $2,204.82 each; average rate, 5 .5 0 % ) : 5 4 % , $274,150.
28 share loans (average, $360.71 each; average rate, 5 .8 0 % ) ; 5 4 % , $4,000; 6 % , $6,100.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,440.00
4 .8 4
Other Expenses.
$190.56
.64
Total.
$1,630.56
5.4 8
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem en ts, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Surplus
.
.
.
.
.
Cash on hand Oct. 31, 1908
$63,470 00
3,000
72,300
9,150
10,821
16,057
294
786
13,708
00
00
00
11
72
95
42
74
$189,588 94
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
Permanent expense .
Profits capital .
.
.
.
Surplus
.
.
.
.
.
Cash on hand Oct. 30, 1909
$49,524
18,562
2,205
8,204
5,248
876
76,100
14,750
3,650
122
1,630
00
00
00
32
86
30
00
00
00
87
56
72
144 59
8,569 72
185
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share. in Fbrce. T°tal Value.
32 $208 02
May 1897
17
$3,536 34
Nov. 1897
33
196 85
38
7,480 30
34
186 02
28
May 1898
5,208 56
Nov. 1898
35
175 51
79
13,865 29
May 1899
36
165 30
83
13,719 90
Nov. 1899
37
155 32
95
14,755 40
38
145 57
161
Ma y 1900
23,436 77
Nov. 1900
39
136 08
61
8,300 88
40
126 82
96
12,174 72
May 1901
Nov. 1901
41
117 80
119
14,018 20
42
108 97
114
May 1902
12,422 58
Nov. 1902
100 38
261
43
26,199 18
44
134
May 1903
91 98
12,325 32
Nov. 1903
45
83 83
7,460 87
89
114
May 1904
46
75 86
8,648 04
Nov. 1904
47
68 08
134
9,122 72
48
60 49
200
May 1905
12,098 00
53 09
321
17,041 89
Nov. 1905
49
50
45 88
223
10,231 24
May 1906
Nov. 1906
51
38 83
288
11,183 04
52
31 95
351
11,214 45
May 1907
10,752 24
Nov. 1907
53
25 24
426
18 69
521
May 1908
54
9,737 49
12 31
Nov. 1908
55
526
6,475 06
May 1909
56
6 08
771
4,687 68
$286,096 16
$189,588 94
Dues capital
Profits capital
Unpaid dues
$240,474 00
44,146 16
1,476 00
$286,096 16
D a t e o f E x a m in a t i o n , July 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
186
REPORT
OF
THE
[Pub. Doc.
P IO N E E R CO -OPER ATIVE B A N K , BOSTON.
36 BROM FIELD STREET.
Incorporated July 26, 1877.
J o h n C. C o o k , President.
Began business August 6, 1877.
D a n i e l E l d r e d g e , Secretary.
D a n i e l E l d r e d g e , Treasurer.
Board of Directors: E . E . B r i d g e , J. C. C o o k , D a n i e l E l d r e d g e , W . D . E l d r e d g e , D . H . L .
G l e a s o n , C h a r l e s E . L o w d , A . H . M a g u n e , W . S. M a s o n , E . K . N e w h a l l , H . P . O a k m a n ,
R . A . P e p p e r , E . M. R a n s o m , W . H . R o b e r t s , H . L . S a m p s o n , W . P . S c o t t , A l b e r t T h a y e r ,
G. W . W a r r e n .
Security Committee: J. C. C o o k , E. K. N e w h a l l , H. P. O a k m a n , W . H . R o b e r t s , G. W . W
arren.
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
12,350
11,159
1,670
190
275
4,947
00
20
71
58
00
74
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Transfer fees
.
.
Withdrawal profits
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
$460,193 23
70
00
44
31
20
25
146 44
1,669 89
$460,193 23
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
64,762
4,154
9,811
2,063
96
.
.
.
1,260
992
28
125
75
7,301
2,410
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
171
159
922
212
Profits D istributed.
First term, 2 £ % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
Rates and Averages on Loans, O ctober 30, 1909.
179 real estate loans (average, $2,400 each; average rate, 5 .1 4 % ) ; 5 % , $302,450; 5 i % , $32,550;
5 £ % , $71,300; 5 f % , $19,000; 6 % , $4,300.
51 share loans (average, $242.15 each; average rate, 5 .3 7 % ) : 5 % , $4,600; 5 1 % , $350; 5 1 % ,
$5,650; 5 f % , $700; 6 % , $950; 61 % , $100.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,300.00
2 .8 2
Other Expenses.
Total.
$1,246.68
$2,546.68
2.7 1
5.5 3
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Matured share amount
Profit and loss
Surplus
.
.
Cash on hand Oct. 31, 1908
187
CO M M ISSION ER
$85,225 00
3,700 00
10,300
50,850
8,050
1,956
6,495
22,997
9
921
3
1,385
72
1,142
19,316
4,848
80
20
6,855
00
00
00
45
43
30
65
43
50
10
83
82
34
46
12
00
65
$224,230 08
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series. pJ g ^ re. in'Fo'rce. Total VaIue‘
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
$192
182
172
162
152
143
134
125
116
108
99
91
83
76
68
61
53
46
39
32
26
19
13
7
1
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Retired share account
Matured share account
Surplus
.
Dues capital
Cash on hand Oct. 30, 1909
.
$39,467
1,238
15,832
11,241
5,541
291
4,118
3,915
93,800
10,200
2,000
4,598
278
2,546
19,316
4,848
30
20
4,947
00
00
00
00
32
37
50
15
00
00
00
02
50
68
34
46
00
00
74
$224,230 08
D a t e o p E x a m in a t i o n , March 22, 23, 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dues paid in advance
58
21
14
35
77
46
37
48
78
27
95
81
86
08
46
02
75
62
66
85
19
68
31
08
00
20
37
29
186
214
166
256
252
298
294
287
249
148
177
176
208
422
419
461
418
362
567
627
701
327
$3,851
6,741
4,992
30,197
32,692
23,814
34,398
31,620
34,800
31,831
28,685
22,860
12,411
13,466
12,048
12,692
22,682
19,533
18,283
13,731
9,480
11,158
8,345
4,963
327
60
77
06
10
78
36
72
96
44
38
65
69
28
16
96
16
50
78
26
30
78
56
37
08
00
350 00
$445,961 70
Dues capital
Profits capital
Unpaid dues
.
$377,489 00
64,762 70
3,710 00
$445,961 70
188
REPORT
OF T H E
[Pub. Doc.
P IT T SF IE L D CO -O PER ATIVE B A N K , P IT T SF IE L D .
139 NORTH STREET.
Incorporated February 15, 1889.
Began business March 5, 1889.
H e n r y R . P e ir s o n , President. L o r e n z o H. G a m w e l l , Secretary. L o r e n z o H. G a m w e l l , Treasurer.
Board of Directors: G. S. A d a m s , C. E. B u r k e , M i c h a e l C a s e y , W . W . G a m w e l l , J a c o b G i m l ic h ,
E. A . J o n e s , A , A . M i l l s , G . W . P e a s e , W . W . S c o f ie l d .
Security Committee: M i c h a e l C a s e y , G. W . P e a s e , H. S. R u s s e l l .
Regular meetings for receipt of moneys'the Wednesday following the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
.
Loans on real estate
Loans on shares
Unpaid interest
Insurance advanced
Cash
$704,200
33,335
1,116
16
38,795
00
00
23
66
16
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
.
.
$661,433
105,222
4,323
6,401
82
$777,463 05
$777,463 05
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
32
99
21
53
M em bersh ip.
.
.
.
.
4,317
3,047
173
14,850
5,084
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
479
354
1,743
517
P rofits D istributed.
First term, 2 1 % ; second term, 2 \%.
Proportion of profits retained on voluntary withdrawals, none.
R ates and A verages on Loans, October 30, 1909.
356 real estate loans (average, $1,978.09 each; average rate, 5 % ) : 5 % , $704,200.
161 share loans (average, $207.05 each; average rate, 5 .0 8 % ) : 5 % , $30,635; 6 % , $2,700.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,661.00
3 .4 2
Other Expenses.
$667.63
.86
Total.
$3,328.63
4.2 8
No. 8.]
BANK
COM M ISSIONER,
189
R eceipts an d D isbursem ents, Year en d in g
October 30, 1909.
R e co n cilia tion of Share A ccou n t w ith Dues
an d Profits Capital.
R eceipts.
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Temporary expense .
Profits capital
.
.
.
.
Cash on hand Oct. 31, 1908
Date of Issue. Series.
1,800
163,600
50,185
4,571
36,025
1,006
5
436
00
00
00
00
37
59
75
00
12
20,455 55
$457,879 38
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Insurance advanced .
Cash on hand Oct. 30, 1909
Value
_Shares Total value.
$179,794 00
$93,655
25,950
10,796
9,196
230,750
44,605
324
24
3,764
16
' 38,795
00
00
90
84
00
00
29
90
63
66
16
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
$202
191
181
171
161
151
142
133
124
115
106
98
90
82
74
67
59
52
45
38
31
25
18
12
6
Dues paid in advance
51
78
31
14
22
56
19
04
13
43
92
61
50
57
81
21
78
52
43
50
72
09
61
27
07
92
176
175
81
141
168
241
324
227
327
384
405
509
356
401
372
635
352
886
1,157
1,117
1,315
1,256
1,748
2,005
$18,630
33,753
31,729
13,862
22,732
25,462
34,267
43,104
28,177
37,745
41,057
39,937
46,064
29,394
29,998
25,002
37,960
18,487
40,250
44,544
35,431
32,993
23,374
21,447
] 2,170
92
28
25
34
02
08
79
96
51
61
28
05
50
92
81
12
30
04
98
50
24
35
16
96
35
1,423 00
$769,003 32
$457,879 38
Dues capital
Profits capital
Unpaid dues
.
$661,433 00
105,222 32
2,348 00
$769,003 32
D a t e o p E x a m in a t i o n , July 12, 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
190
REPORT
OF T H E
[Pub. Doc.
P L Y M O U T H CO -OPER ATIVE B A N K , P L Y M O U T H .
44 M A IN STREET.
Incorporated June 7, 1882.
F r e d e r ic k D. B a r t l e t t , President.
Began business June 20, 1882.
E l m e r E . A v e r y , Secretary.
E l m e r E . A v e r y , Treasurer.
Board of Directors: W . E . B a k e r , A. L. B a r n e s , J o s e p h B a r n e s , F. D. B a r t l e t t , E . L. B u r g e s s ,
P . S. B u r g e s s , H . W . C l a r k , F. H . C u s h m a n , B . A. H a t h a w a y , W . S. L o r in g , S. W . P a t y ,
R. F. R a n d a l l , C. A. S t r o n g , H . O. W h i t i n g .
Security Committee: J o s e p h B a r n e s , E . L. B u r g e s s , P. S. B u r g e s s , F. H. C u s h m a n , S. W . P a t y .
Regular meetings for receipt of moneys the third Tuesday of every month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loan on shares .
Common form mortgages
Unpaid dues
Suspense account
Permanent expense account
Temporary expense account
Insurance advanced .
Cash
.
L iabilities.
$381,550
22,220
1,146
3,382
3,025
122
1,059
10
12,396
00
00
00
00
83
46
39
50
61
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Advance payments
Profits undivided
Real estate account
$343,721
63,965
1,935
987
10,094
605
566
4
224
72
1,130
1,578
24
$424,912 79
$424,912 79
Shares
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
33
74
94
54
82
48
75
31
94
53
51
90
M em bersh ip.
1,658
702
24
142
7,453
2,481
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
-234
107
1,220
391
P rofits D istributed.
First term, 3 .1 0 % ; second term, 3 .1 0 % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; 10%
on series more than 5 years old.
R ates and A verages on Loans, October 30, 1909.
450 real estate loans (average, $847.89 each; average rate, 6 .3 5 % ) : 6 .3 0 % , $332,900; 6 .6 0 % ,
$37,000; 6 .9 0 % , $4,450; 7 .2 0 % , $5,550; 7 .5 0 % , $250; 7 .8 0 % , $400; 8 .1 0 % , $600; 8 .4 0 % ,
$400.
—
160 share loans (average, $138.88 each; average rate, 6 .3 8 % ) : 6 .3 0 % , $18,110; 6 .6 0 % , $2,810;
6 .9 0 % , $830; 7 .2 0 % , $380; 7 .8 0 % , $40; 8 .1 0 % , $50.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,216.60
2 .8 6
Other Expenses.
$921.03
2 .1 7
Total.
$2,137.63
5.0 3
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Temporary expense .
Forfeited share account
Advance payments
Cash on hand Oct. 31, 1908
R e co n cilia tio n o f Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Notes and bonds
Real estate by foreclosure .
191
COM M ISSIONER,
Value
$89,355 00
2,400 00
3,500
44,050
15,890
28
4,500
4,155
23,392
1,438
1,332
13
400
4
32
60
5,464
9,574
00
00
00
00
00
00
43
99
63
50
85
54
50
85
76
10
$205,593 15
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
$193
181
170
159
149
138
128
119
109
100
92
83
75
67
59
51
44
37
30
23
17
11
5
21
68
49
65
11
88
94
30
97
89
13
59
31
28
51
94
61
49
60
90
41
11
00
Shares Total Value.
in Force.
$18,934 58
98
23,255 04
128
9,035 97
53
18,519 40
116
104
15,507 44
15,693 44
113
15,214 92
118
19,326 60
162
21,664 09
197
28,148 31
279
19,163 04
208
303
25,327 77
11,823 67
157
24,220 80
360
18,745 65
315
27,632 08
532
20,208 33
453
24,218 54
646
15,850 80
518
13,503 50
565
9,366 58
538
8,865 78
798
3,460 00
692
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Fines rebated
Temporary expense .
Forfeited share account
Insurance advanced .
Advance payments
Cash on hand Oct. 30, 1909
$20,601
558
19,596
2,324
39
8,818
114,300
15,870
3,325
6
2,170
45
10
5,531
12,396
00
00
00
70
87
38
00
00
10
72
13
00
50
14
61
$205,593 15
D a t e o f E x a m in a t i o n , August 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$407,686 33
Dues capital
Profits capital
.
$343,721 00
63,965 33
$407,686 33
192
REPORT
OF
THE
[Pub. Doc.
P R O V ID E N T CO -OPER ATIVE B A N K , CH ELSE A.
278 BR OA DW A Y.
Incorporated September 25, 1885.
T h o m a s M a r t i n , President.
Began business September 28, 1885.
C. W i l l i s G o u l d , Secretary.
C. W i l l i s G o u l d , Treasurer.
Board of Directors: A . A . F o l s o m , C. W . G o u l d , J a m e s G o u l d , W . D. G r o v e r , B . T . M a r t i n ,
W . L. M a r t i n , W i l l ia m M a r t i n , J. M . T e m p l e , E. H. W a l k e r .
Security Committee: J a m e s G o u l d , W . D. G r o v e r , J. M. T e m p l e .
Regular meetings for receipt of moneys the fourth Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Personal accounts
Cash
.
.
.
.
L iabilities.
.
$762,200
47,150
1,758
15,142
44
25,796
00
00
34
93
76
13
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
Matured share account
Personal accounts
.
.
$852,092 16
00
76
00
71
58
44
67
$852,092 16
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$677,373
143,534
10,050
20,281
13
203
635
M em b ersh ip.
.
.
.
.
2,072
1,648
2
503
12,138
4.715
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
177
172
1,377
400
Profits D istrib u ted.
First term, 2\ % ; second term, 2%%.
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d A verages o n Loans, O ctober 30, 1909.
387 real estate loans (average, 81,969.50 each; average rate, 5 .2 6 % ) ; 5 % , $23,900; 5 1% , $716,600;
5£ % , $14,300; 6 .6 0 % , $7,100; 6 .9 0 % , $300.
149 share loans (average, $316.44 each; average rate, 5 .2 4 % ) ; 5 % , $1,450; 51 % , $45,700.
T otal E xpenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$3,000.00
3 .5 2
Other Expenses.
$1,917.94
2 .2 5
Total.
$4,917.94
5.7 7
No. 8.]
BANK
CO M M ISSION ER.
193
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
R eceipts .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Personal accounts
Rents
.
.
.
.
.
Cash on hand Oct. 31, 1908
Date of Issue. Series.
$145,532 00
9,491
97,233
23,950
8
1,558
43,641
89
1,480
2,582
5
81,709
916
225
40,310
60
40
00
33
20
88
71
42
98
50
00
00
90
19
47
$448,735 58
D isbursements .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest
Temporary expense .
Forfeited share account
Matured share account
Personal accounts
Taxes and repairs
Cash on hand Oct. 30, 1909
$63,555
5
73,541
9,619
2
27,213
143,600
16,100
908
4,917
5
81,505
1,810
156
25,796
00
00
00
10
02
33
00
00
47
94
00
56
50
53
13
$448,735 58
D a t e o f E x a m in a t i o n , September 20, 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
Value
Shares
Total Value.
per Share. in Force.
352
$69,562 24
$197 62
211
39,381 04
186 64
340
59,816 20
175 93
53,329 64
322
165 62
265
41,228 70
155 58
202
145 83
29,457 66
56,981 76
136 32
418
127 04
257
32,649 28
118 01
292
34,458 92
293
31,989 74
109 18
433
100 59
43,555 47
92 19
454
41,854 26
25,284 00
84 00
301
505
38,390 10
76 02
68 22
485
33,086 70
33,098 52
60 62
546
28,994 00
53 20
545
666
30,609 36
45 96
18,244 10
38 90
469
32 01
814
26,056 14
570
14,415 30
25 29
27,814 05
18 73 1,485
9,432 45
12 33
765
6,991 32
6 09 1,148
Dues paid in advance
478 00
$827,158 95
Dues capital
Profits capital
Unpaid dues
Suspense .
$677,373
143,534
6,235
16
00
76
00
19
$827,158 95
194
REPORT
OF
THE
[Pub. Doc.
Q U IN C Y CO-OPER ATIVE B A N K , Q U IN C Y .
Í372 HANCOCK STREET.
Incorporated April 17, 1889.
J o h n F. W e l c h , President.
Began business May 7, 1889.
R ic h a r d D. C h a s e , Secretary.
R ic h a r d D. C h a s e , Treasurer.
Board of Directors: D . L . F. C h a s e , F. W . C r a n e , J. W . D e n n e n , G . H . F i e l d , J o h n H a r k i n s ,
E. C. H u l t m a n , P e r r y L a w t o n , A l b e r t N e l s o n , J. G. R o b e r t s , S im e o n S c a m m e l l , J. A
S e d g w i c k , E. W . S h e p p a r d , H . O. S t u d l e y , F . E. T u p p e r , W . S. W i l l i a m s , J. F . Y o u n g .
Security Committee: G . H . F i e l d , S im e o n S c a m m e l l , F . E . T u p p e r .
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid premiums
Unpaid fines
Personal accounts
Cash
*411,528
21,177
3,100
1,392
2
230
204
12,687
00
00
00
92
70
50
46
19
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
*369,047
73,879
2,303
4,880
212 86
$450,322 77
$450,322 77
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
74
00
17
.
.
.
.
2,053
729
5
40
189
7,784
2,622
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
231
90
1,070
300
P rofits D istributed.
First term, 2 f % ; second term, 2| % .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates and Averages o n Loans, O ctober 30, 1909.
281 real estate loans (average, *1,464.51 each; average rate, 5 .2 7 % ) : 5 % , *248,503; 5 1 % , $2,400;
5 *% , *108,100; 5 f % , *2,950; 6 % , *39,075; 6 i% , *2,000; 6 * % , $2,300; 6 .3 0 % , *6,200.
92 share loans (average, *230.18 each; average rate, 5 .4 2 % ) ; 5 % , *6,721; 5 1 % , *60; 54 % ,
*11,410; 6 % , *2,445; 6 1% , *275; 6 i % , *266.
T ota l Expenses for Year.
Salaries.
Amount paid for
Cost per *1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,480.00
3.2 9
Other Expenses.
Total.
$491.43
*1,971.43
1.09
4 .3 8
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear en d in g
October 30, 1909.
R e c e ip t s .
$91,014 00
Dues capital
.
.
Real estate loans eliminated by
maturity of shares ._
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Profits capital .
.
.
.
Cash on hand Oct. 31, 1908
17,500
33,300
8,802
22 600
32
1,006
3
915
5
205
00
00
00
53
16
46
75
02
29
86
02
13,560 68
$188,945 77
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capita! matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense .
Personal accounts
Fines
.
.
.
.
Cash on hand Oct. 30, 1909
.
$25,623
190
5,605
27,211
3,659
21
2,076
10,826
86,541
12,223
105
1,971
204
00
00
00
00
78
15
80
83
00
00
01
43
46
12
12,687 19
$188,945 77
D a t e o f E x a m in a t i o n , July 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
195
CO M M ISSION ER
R e co n cilia tio n o f Share A cco u n t w ith Dues
and P rofits Capital.
Date of Issue. Series. J f c ,
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
$200
189
178
168
157
147
137
128
119
110
101
93
84
76
68
61
53
46
39
32
25
18
12
6
in S e e . Total Value'
92
139
60
79
82
67
122
05
138
71
72
158
98
190
90
52
196
27
30
135
54
236
331
01
72
243
198
63
224
73
04
369
405
53
480
23
410
10
475
15
537
36
76
629
873
34
09 1,045
$27,927
14,978
14,650
20,502
21,763
23,339
26,216
11,566
23,376
14,890
23,963
30,786
20,586
15,172
15,395
22,523
21,679
22,190
16,031
15,271
13,618
11,800
10,772
6,364
88
40
94
10
98
76
20
80
92
50
44
31
96
74
52
76
65
40
00
25
32
04
82
05
304 00
Dues paid in advance
$445,673 74
Dues capital
Profits capital
Unpaid dues
.
.
$369,047 00
73,879 74
2,747 00
$445,673 74
196
REPORT
RANDOLPH
OF
THE
[Pub. Doc.
CO -O P ER ATIV E B A N K , R A N D O LP H
M A IN STREET.
Incorporated January 29, 1889.
Began business February 7, 1889.
F r a n k l i n W . H a y d e n , President.
P a t r i c k H. M c L a u g h l i n , Secretary.
P a t r i c k H. M c L a u g h l i n , Treasurer.
Board of Directors: P e t e r C a s e y , J a m e s F a r d y , J. H. F i e l d , F. W . H a y d e n , C. D. H i l l , A. H .
H o l b r o o k , E d w a r d L o n g , F. D. M cC a r t y , P. H. M c L a u g h l i n , R. E. O ’B r i e n , P. J. R i l e y ,
J
K . W il l a r d .
Security Committee: F. W . H a y d e n , P . H . M c L a u g h l i n , R. E. O ’B r i e n .
Regular meetings for receipt of moneys the first Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Temporary expense i
Cash
L iabilities.
.
t
$76,950
2,540
277
19
83
1,011
00
00
75
50
75
76
.
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Withdrawal profits
$80,882 76
00
43
86
20
05
96
26
$80,882 76
Shares.
Issued during year
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$65,144
10,790
1,532
2,167
1,220
25
2
M em bersh ip.
.
251
99
52
11
1,404
498
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
37
28
246
74
Profits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; after
5 years, none.
Rates an d Averages on Loans, October 30, 1909.
62 real estate loans (average, $1,241.12 each; average rate, 6 % ) : 6 % , $76,950.
22 share loans (average, $115.45 each; average rate, 6 % ) : 6 % , $2,540.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$300.00
3.7 1
Other Expenses.
$71.21
.88
Total.
$371.21
4.5 9
BANK
No. 8.]
CO M M ISSION ER.
R eceipts an d D isbursem ents, Year end ing
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Retired share account
Cash on hand Oct. 31, 1908
$16,561 00
2,050
4,700
825
4,538
2
96
22
7,256
736
00
00
00
75
70
03
58
48
75
$36,789 29
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Retired share account
Cash on hand Oct. 30, 1909
$3,830
5,632
1,579
564
1,624
647
12,600
1,670
2
371
7,256
1,011
00
00
00
54
48
82
00
00
00
21
48
76
$36,789 29
197
R e co n cilia tio n o f Share A ccou n t w ith D ues
and P rofits Capital.
Value
Shares
Date of Issue. Series. per Share.
in Force. Total Value.
Feb. 1899
21 $172 89
9
$1,556 01
Aug. 1899
22
162 35
6
974 10
Feb. 1900
152 16
23
14
2,130 24
Aug. 1900
142 24
24
6
853 44
Feb. 1901
25
132 61
41
5,437 01
Aug. 1901
64
26
123 32
7,892 48
Feb. 1902
114 11
27
68
7,759 48
Aug. 1902
28
1 0 5 18
27
2,839 86
Feb. 1903
29
96 61
66
6,376 26
Aug. 1903
30
88 18
58
5,114 44
Feb. 1904
31
79 99
57
4,559 43
Aug. 1904
32
72 02
92
6,625 84
Feb. 1905
33
64 25
46
2,955 50
Aug. 1905
34
56 68
56
3,174 08
Feb. 1906
35
49 32
65
3,205 80
Aug. 1906
42 15
36
44
1,854 60
Feb. 1907
37
35 18
115
4,045 70
Aug. 1907
38
28 39
104
2,952 56
Feb. 1908
39
21 78
115
2,504 70
Aug. 1908
40
132
15 35
2,026 20
41
le b . 1909
9 09
130
1,181 70
42
Aug. 1909
3 00
89
267 00
Dues paid in advance
31 00
$76,317 43
Dues capital
Profits capital
Unpaid dues
$65,144 00
10,790 43
383 00
$76,317 43
D a t e o f E x a m in a t i o n , August 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
19S
OF
THE
[Pub. Doc.
R E A D I N G C O -O P E R A T IV E B A N K , R E A D IN G .
CORNER OF HAVEN AND M A IN STREETS.
Incorporated November 27, 1886.
E d w a r d H . P a l m e r , President.
Began business December 6, 1886.
H a r r y P . B o s s o n , Secretary.
E d g a r N . H u n t , Treasurer.
Board of Directors: L. M. B a n c r o f t , J. H. C a r l e t o n , A . P . F r e n c h , H. R. J o h n s o n , J a m e s
M c K a y , M. E . N ic h o l s , S. A . P a r k e r , F . M. S m i t h , M . A . S t o n e .
Security Committee: L. M. B a n c r o f t , H . R. J o h n s o n , S. A . P a r k e r .
Regular meetings for receipt of moneys the Tuesday following the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $291,095 00
Less amount due
.
4,400 00
Loans on shares
Common form mortgages
Cash
.
.
.
.
$286,695
5,360
2,450
14,427
00
00
00
63
Dues capital
Profits capital .
Guaranty fund .
.
.
.
.
Surplus
Forfeited share account
$308,932 63
00
38
00
75
50
$308,932 63
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$254,081
45,592
3,500
5,683
75
M em b ersh p.
.
.
.
.
1,412
1,007
16
102
5,273
1,543
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
102
73
710
211
Profits D istributed.
First term, 2 4 % ; second term, 2 4 % .
Proportion of profits retained on voluntary withdrawals, 2 5% for first 5 years; after 5 years, none.
R ates and Averages on Loans, October 30, 1909.
191 real estate loans (average, $1,501.02 each; average rate, 5 .7 0 % ) : 5 % , $91,750; 5 4 % , $2,000'
6 % , $167,065; 6 .3 0 % , $7,780; 61 % , $12,600; 64% , $3,500; 6 1 % , $2,000.
20 share loans (average, $268 each; average rate, 5 .7 2 % ) ; 5 % , $2,140; 6 % , $1,600; 6 1 % , $1,020;
6 4 % , $350; 7 1 % , $250.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$735.00
2 .3 8
Other Expenses.
Total.
$802.48
$1,537.48
2 .6 0
4 .9 8
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R eceipts .
Date of Issue. Series.
1,500 00
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
1,250
43,205
4,060
12,900
7,900
1,003
16,848
33
594
3
228
264
25
7,836
Uncompleted mortgage loans
Real estate by foreclosure .
00
00
00
00
00
46
10
10
42
75
63
54
00
47
$160,072 47
D isbursements .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Uncompleted mortgage loans
Real estate by foreclosure .
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
$39,378
726
15,305
5,820
100
5,213
60,650
2,965
12,600
1,003
7
1,537
338
14,427
00
00
00
90
74
01
00
00
00
46
00
48
25
63
$160,072 47
D a t e o f E x a m in a t i o n , July 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R econ cilia tion o f Share A cco u n t w ith Dues
and Profits Capital.
$62,420 00
Real estate loans eliminated bv
199
CO M M ISSION ER
May
Nov.
Mav
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
Value
$201
191
180
171
161
151
142
133
124
116
107
99
91
83
75
67
60
52
45
38
31
25
18
12
6
Dues paid m advance
56
07
91
00
32
86
68
71
91
31
84
47
29
27
45
78
30
98
82
81
95
25
70
31
08
Total Value.
53
70
47
87
86
109
105
129
100
107
157
96
136
130
118
169
251
267
350
315
422
315
420
529
705
$10,682
13,374
8,502
14,877
13,873
16,552
14,981
17,248
12,491
12,445
16,930
9,549
12,415
10,825
8,903
11,454
15,135
14,145
16,037
12,225
13,482
7,953
7,854
6,511
4,286
68
90
77
00
52
74
40
59
00
17
88
12
44
10
10
82
30
66
00
15
90
75
00
99
40
164 00
$302,904 38
Dues capital
Profits capital
Unpaid dues
Suspense dues
$254,081
45,592
3,224
7
00
38
00
00
$302,904 38
200
REPORT
OF T H E
[Pub. Doc.
R E L IA N C E C O -O P E R A T IV E B A N K , CA M BR ID G E .
13 DUNSTER STREET.
Incorporated July 16, 1889.
Began business July 16, 1889.
E d w a r d W . W h i t e , Secretary.
H e r m a n B i r d , President.
E d w a r d W . W h i t e , Treasurer.
Board of Directors: M. C. B e e d l e , F. L. B e u n k e , H e r m a n B i r d , O. H. B r o c k , W P B r o w n
R o b e r t B u t t e r w o r t h , A . S. K . C l a r k , W . J. G r e e n e , C. P . K e it h , W . H . L e r n e d , G. m !
N a s h , C. H . T h o m a s , W . C. W a r d w e l l , E. W . W h i t e .
Security Committee: M. C. B e e d l e , F . L. B e u n k e , H e r m a n B i r d , O. H . B r o c k , R o b e r t B u t t e r w orth.
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Liabilities.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Permanent expense account
Temporary expense account
Insurance and taxes paid .
Mortgage balance
Cash
.
.
.
.
.
$598,775
60,265
9,559
1,816
141
415
201
216
112
15,598
00
00
22
89
91
57
35
55
24
81
Dues capital
Profits capital .
Guaranty fund .
.
Surplus
.
.
.
.
Interest .
.
.
.
Fines
Transfer fees
Withdrawal profits
Forfeited share account
.
.
‘ $576,262
95,935
6,750
2,533
2,992
74
00
04
00
49
54
38
25
59 36
2,495 48
$687,102 54
$687,102 54
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2,925
2,244
62
203
. 12,750
. 4,392
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
335
.
.
.
258
1,487
408
Profits Distributed.
First term, l ? /i e % ; second term, 1J% ; third
term, 1|% ; fourth term, \\%.
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 5 years old; 10%
on series over 5 years old.
R ates an d Averages on L oans, October 30, 1909.
254 real estate loans (average, $2,357.37 each; average rate, 5 .0 5 % ) : 5 % , $537,525; 5 .1 0 % ,
$8,600; 5 .2 0 % , $6,500; 5 .3 0 % , $4,000; 5 40 % , $6,950; 5 .5 0 % , $11,800; 5 .7 0 % , $11,000;
6 % , $12,400.
362 share loans (average, $166.47 each; average rate, 5 .1 4 % ) : 5 % ,
1,325; 5 .5 0 % , $5,080; 6 % ,
$5,860.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1 000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1.787.00
2.6 0
Other Expenses.
Total.
$998.28
$2,785.28
1.45
4.0 5
No. 8.]
BANK
R eceipts and D isbursem ents, Year en d in g
October 30, 1909.
R e c e ip t s .
Duess capital .
$147.712 00
Real estate loans eliminated by
foreclosure
7,200 00
Real estate loans eliminated by
maturity of shares .
7,100 00
Real estate loans repaid
52,950 00
Share loans repaid
17,768 00
Mortgages
356 60
Real estate by foreclosure .
11,038 60
Interest .
.
.
.
32,969 03
Fines
.
.
.
.
719 09
Transfer fees
2 75
Withdrawal profits
1,204 49
Forfeited share account
330 32
Mortgage balance
55 00
Insurance and taxes paid .
285 89
Cash on hand Oct. 31, 1908
11,696 69
$291,388 46
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Temporary expense .
Permanent expense .
Forfeited share account
Mortgage balance
Insurance and taxes paid .
Cash on hand Oct. 30, 1909
201
CO M M ISSION ER
$72,705
2,168
27,841
9,582
433
10,848
115,721
26,897
6,238
2,697
87
27
167
374
15,598
00
00
00
74
44
19
69
00
39
93
18
41
24
44
81
R e co n cilia tio n o f Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series. peras ^ re. in Force. Tota! Vahie.
Jan.
July
Jan.
July
Jan
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1905
1906
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
1909
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
$190
179
169
159
149
140
131
122
113
104
96
88
80
72
64
57
53
50
46
43
39
36
32
29
26
22
19
16
13
10
7
4
1
47
88
59
61
87
40
16
15
36
79
44
27
27
48
89
44
80
19
64
12
65
21
84
48
16
89
66
46
29
16
07
02
00
168
132
191
132
252
126
308
217
375
257
467
228
442
360
747
339
194
365
283
395
230
661
258
426
499
642
403
510
549
696
697
616
585
Dues paid in advance
$31,998
23,744
32,391
21,068
37,767
17,690
40,397
26,506
42,510
26,931
45,037
20,125
35,479
26,092
48,472
19,472
10,437
18,319
13,199
17,032
9,119
23,934
8,472
12,558
13,053
14,695
7,922
8,394
7,296
7,071
4,927
2,476
585
96
16
69
52
24
40
28
55
00
03
48
56
34
80
83
16
20
35
12
40
50
81
72
48
84
38
98
60
21
36
79
32
00
237 00
$675,420 06
$291,388 46
Dues capital
.
Profits capital
.
Unpaid dues
.
Suspense profits
.
.
.
.
.
.
.
.
.
.
.
.
$576,262 00
95,935 04
3,215 00
8 02
$675,420 06
D a t e o f E x a m in a t i o n , April 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
202
REPORT
OF
THE
[Pub. Doc.
R E V E R E CO -OPER ATIVE B A N K , R E V E R E .
356 BR O A D W A Y .
Incorporated October 1, 1901.
Began business October 14, 1901.
A l b e r t S. B u r n h a m , President. A b e r d e e n H. C h il d , Secretary. A b e r d e e n H. C h i l d , Treasurer.
Board of Directors: W G. B o n d , A. F. C o r n e l l , H. J. C o r n e l l , A. B. C u r t i s , G. A. D a l r y m p l e ,
T. 1 D r is c o l l , H. W . D u d l e y , H. A. H o w l a n d , J. W . G l o v e r , J. S. H o d g e , H. R. L a w l o r ,
E. K . N e w e l l , H. T. W i n g .
Security Committee: A. S. B u r n h a m , A. B. C u r t i s , T. F. D r is c o l l , H. R. L a w l o r , G. H. T i l t o n .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate, .
.
.
Loans on shares
.
.
.
Unpaid fines
.
.
.
.
Permanent expense account
.
C a s h ............................................
$55,300 00
2,775 00
11 24
72 23
5,398 47
Dues capita],
.
.
.
.
Profits capital, .
.
.
.
Guaranty fund .
.
.
.
S u r p l u s ............................................
Forfeited share account
.
.
$54,787
7,571
123
1,068
7
$63,556 94
$63,556 94
Shares.
Issued during year
.
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct 30, 1909
00
31
18
45
00
Membership.
.
.
.
.
.
.
.
.
.
.
.
.
404
209
1,392
499
Adied during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
78
44
213
53
Profits Distributed.
First term. 2 £ % ; second term, 2 1% .
Proportion of profits retained on voluntary withdrawals, 2 5% on series under 6 years old; 15%
on series from 6 to 7 years old; 5 % on series from 7 to 8 years old; after 8 years, none.
R ates and Averages on Loans, O ctober 30, 1909.
39 real estate loans (average, $1,417.94 each; average rate, 5 .6 0 % ): 5 % , $19,200: 51 % , $4,400;
51% , $12,800; 5|% , $800; 6 % , $15,200; 61 % , $2,600; 8 % , $300.
26 share loans (average, $106.73 each; average rate, 5 .5 2 % ): 5 % , $850: 51% . $150; 5 1% ,
$625; 5 1% , $125; 6 % , $1,025.
’
l/0 ’
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$236.67
3 .7 2
Other Expenses.
$102.93
1.6 2
Total.
$339.60
5.3 4
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital,
.
.
.
Real estate loans repaid
.
Share loans repaid .
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
.
.
Forfeited share account
.
Cash on hand Oct. 31, 1908
.
.
.
.
.
.
.
.
.
$16,351 00
3,250 00
1,750 00
3,170 04
82 43
2 25
130 22
7 00
1,333 51
$26,076 45
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909,
$7,604 00
827 38
10,800 00
1,100 00
339 60
7 00
5,398 47
203
R e co n cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Shares
Date of Issue. Series. per Share. in Force. Total Value.
1 $118 03
Oct. 1901
156
$18,412 68
108 04
21
May 1902
2
2,268 84
42
Nov. 1902
3
99 64
4,184 88
24
4
91 45
May 1903
2,194 80
83 39
Nov. 1903
5
34
2,835 26
May 1904
6
75 43
14
1,056 02
67 86
89
Nov. 1904
7
6,039 54
60 33
May 1905
8
78
4,705 74
52 98
48
Nov. 1905
2,543 04
9
10
45 78.
73
3,341 94
May 1906
11
38 77
98
Nov. 1906
3,799 46
12
31 82
May 1907
76
2,418 32
Nov. 1907
13
25 14
120
3,016 80
14
May 1908
18 69
115
2 149 35
12 32
Nov. 1908
15
193
2,377 76
211
May 1909
16
6 08
1,282 88
Dues paid in advance
63 00
$62,690 31
$26,076 45
Dues capital
Profits capital
Unpaid dues
$54,787 00
7,571 31
332 00
$62,690 31
D a t e o f E x a m in a t i o n , February 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
204
REPORT
OF
THE
[Pub. Doc.
RO GER CO N AN T CO -O P ER ATIV E B A N K , SALEM .
39 CHURCH STREET.
Incorporated November 9, 1894.
V in c e n t S. P e t e r s o n , President.
Began business November 13, 1894.
C a r l F. A. M o r s e , Secretary.
C a r l F. A. M o r s e , Treasurer.
Board of Directors: G. L. A l l e n , R. B . B u c k h a m , G. W . Cr e e s y , W . S. F e l t o n , E. L . M il l e t t
C. F . A . M o r s e , V. S. P e t e r s o n , R. A . S t a n l e y , B . R. S y m o n d s , P . F . T i e r n e y , G. a ’
W i l k i n s , E. F . W o o d m a n .
Security Committee: R. B . B u c k h a m , G. W . C r e e s y , V. S. P e t e r s o n , P. F. T i e r n e y , G. A.
W il k in s .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate $175,720 00
Less amount due
.
200 00
$175,520
3,511
1,324
8,857
Loans on shares
Unpaid interest
Cash
00
00
85
34
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
$189,213 19
.
Membership.
.
.
.
.
00
03
00
16
00
$189,213 19
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$154,414
26,160
1,250
7,368
21
.
.
.
.
.
.
.
.
.
.
.
.
.
819
949
9
66
3,436
1,045
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
78
100
514
143
Profits Distributed.
First term, 2 $ % ; second term, 2%%.
Proportion of profits retained on voluntary withdrawals, 25% for first 5 years; 10% from 5 to 10
years; after 10 years, none.
R ates an d A verages on Loans, October 30, 1909.
126 real estate loans (average, $1,394.60 each; average rate, 6 .0 2 % ): 6 % , $162,270; 6.30% , $13,250.
17 share loans (average, $206.53 each; average rate, 6 % ) : 6 % , $3,511.
Total Expenses for Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
Salaries.
$630.10
3.3 3
Other Expenses.
$170.03
.90
Total.
$800.13
4 .2 3
BANK
No. 8.]
CO M M ISSION ER.
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
Dues capital
.
.
.
.
Real estate loans eliminated by
forclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct 31, 1908
$42,354 00
1,750 00
400
32,975
2,808
2,400
2,095
10,873
45
183
1
579
4
145
8,789
00
00
00
00
74
23
65
26
50
88
12
74
86
$105,405 98
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
$31,842
135
9,534
4,178
16
3,700
39,770
2,105
2,200
2,095
25
800
145
8,857
00
00
00
77
54
50
00
00
00
74
22
13
74
34
$105,405 93
D a t e o f E x a m in a t i o n , June 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
205
R e co n cilia tion o f Share A cco u n t w ith Dues
and Profits Capital.
Value
Shares m t i y ai.ip
Date of Issue. Series. per Share. in Force. iotal Value$4,783 44
24
31
$199
7
Nov. 1897
4,890 60
26
188 10
8
May 1898
4,075 37
23
19
177
9
Nov. 1898
6,331 bb
38
166 62
10
May 1899
8,599 25
55
156 35
11
Nov. 1899
7,905 06
54
12
146 39
May 1900
11,071 89
81
13
136 69
Nov. 1900
1,655 03
13
14
127 31
May 1901
10,399 84
88
118
18
15
Nov. 1901
3,716 54
34
109 31
16
May 1902
5,838 86
58
100 67
17
Nov. 1902
7,101 71
92 23
77
18
May 1903
52
10,586
84
02
126
1903
19
Nov.
7,373 94
97
20
76 02
May 1904
80
14,935
219
68
20
1904
21
Nov.
13,756 20
60 60
227
22
May 1905
88
14,145
266
53
18
1905
23
Nov.
218
10,017 10
24
45 95
May 1906
8,009 28
206
38 88
25
Nov. 1906
8,637 30
270
31 99
26
May 1907
25
9,476
375
25
27
27
1907
Nov.
2,695 68
144
28
18 72
May 1908
4,130
55
335
12
33
1908
29
Nov.
2,326 38
382
6 09
30
May 1909
Dues paid in advance
321 00
$182,781 03
Dues capital
Profits capital
Unpaid dues
.
$154,414 00
26,160 03
2,207 00
$182,781 03
206
REPORT
OF T H E
[Pub. Doc.
R O SL IN D A L E C O -O P E R A T IV E B A N K , BOSTON.
806 SOUTH STREET, ROSLINDALE.
Incorporated March 7, 1898.
I s a ia h B. H a m b l e n , President.
Began business April 20, 1898.
E d w in A. B a b b , Secretary.
E d w in A. B a b b , Treasurer.
Board of Directors: E . A. B a b b , G. W . P. B a b b , H . H . C o l e , J. H . E a t o n , I. B. H a m b l e n , A. P.
H o d g d o n , H . F. H u n t e h , F. P. K n a p p , H . A. S c h m id t , A. K . S p a u l d i n g , S e r i a h S t e v e n s ,
F. P. W o o d m a n ,
Security Committee: G. W . P. B a b b , I. B. H a m b l e n , A. P. H o d g d o n ,
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30. 1909.
Assets
L iabilities.
Loans on real estate
.
.
.
Loans on shares
.
.
.
Unpaid interest
.
.
.
Unpaid fines
.
.
.
.
Temporary expense account
.
C a s h ............................................
$81,800 00
7,350 00
234 84
30 42
39 25
2,324 51
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Fines
.
.
.
Transfer fees
.
.
Withdrawal profits
.
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$75,727
12,735
670
1,804
749
56
.
$91,779 02
$91,779 02
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
33
33
50
13
60
25
33 88
2 00
M em bersh ip.
795
499
1,927
653
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
94
56
302
76
Profits D istributed.
First term, 2 £ % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 20 % .
R ates and Averages on Loans, October 30, 1909.
49
real estate loans (average, $1,669.38 each; average rate, 5 .4 1 % ): 5 % , $75,700; 5£ % , $5,500;
6 % , $600.
56 share loans (average, $131.25 each; average rate, 5 .0 1 % ): 5 % , $7,300; 6 % , $50.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$150.00
1.63
Other Expenses.
$206.42
2.2 5
Total.
$356.42
3.8 8
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
.
$20,463 00
13,600 00
4,900 00
4,685 16
187 90
50
435 55
1,712 25
.
.
.
.
.
.
.
$45,984 36
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn
Real estate loans
.
Share loans
.
.
.
Temporary expense .
Forfeited share account
Cash on hand Oct. 30, 1909
R e co n cilia tion of Share A ccou n t w ith Dues
an d P rofits Capital.
Date of Issue. Series,
R e c e ip t s
Dues capital
.
.
.
Real estate loans repaid
.
Share loans repaid
.
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
.
.
Cash on hand Oct. 31, 1908
.
.
.
.
.
.
.
.
.
.
.
.
207
CO M M ISSION ER.
$16,775
2,176
21,100
3,250
356
2
2,324
00
43
00
00
42
00
51
$45,984 36
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
p jg ^ e .
$180
170
161
151
142
133
125
116
108
99
91
83
75
68
60
53
46
39
32
26
19
13
7
1
Dues paid in advance
16
59
13
86
74
80
00
42
00
75
62
70
92
33
91
65
55
61
81
16
66
30
08
00
Total Value.
65
36
22
15
45
4
55
31
53
28
26
26
56
38
41
106
62
106
56
109
132
209
318
288
$11,710
6,141
3,544
2,277
6,423
535
6,875
3,609
5,724
2,793
2,382
2,176
4,251
2,596
2,497
5,686
2,886
4,198
1,837
2,851
2,595
2,779
2,251
288
40
24
86
90
30
20
00
02
00
00
12
20
52
54
31
90
10
66
36
44
12
70
44
00
146 00
$89,058 33
Dues capital
Profits capital
Unpaid dues'
.
$75,727 00
12,735 33
596 00
$89,058 33
D a t e o f E x a m in a t i o n , February 23, 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
208
REPORT
OF T H E
[Pub. Doc,
R O X B U R Y C O -O P E R A T IV E B A N K , BOSTON.
1117 COLUMBUS AVENUE (R O X B U R Y D IST R IC T ).
Incorporated October 3, 1889.
F r e d e r ic W . R u g g , President.
Began business November 1, 1889.
F r e d e r ic k W . K l e m m , Secretary.
J o s e p h E n g e l , Treasurer.
Board of Directors: F r e d e r ic k B l e i l e r , W . S. C o l e , J. W . C o l g a n , M . J. C o l l i n s , G e o r g e
F i n n e r a n , T . F . H u n t , A. M . L e o n a r d , C h a r l e s L i f p l e r , J. S. M a h o n y , J. F . M u n g o v a n ,
F r a n k T u c k e r , R. A. W a t s o n .
Security Committee: W . S. C o l e , J. W . C o l g a n , G e o r g e F in n e r a n , R. A. W
atson .
Regular meetings for receipt of moneys the first business day of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
$368,114
13,189
1,163
65
3,916
00
00
87
88
88
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
$319,372
56,572
6,200
4,054
251
$386,449 63
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
57
00
06
00
$386,449 63
Membership.
.
.
.
.
1,845
1,272
57
133
7,058
2,347
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
177
130
698
172
Profits Distributed.
First term, 2 £ % ; second term, 2£% .
Proportion of profits retained on voluntary withdrawals, 20 % on series less than 5 years old; 10%
on series from 5 to 8 years old; after 8 years, none.
R ates and A verages on Loans, O ctober 30, 1909.
130 real estate loans (average, $2,831.64 each; average rate, 5 .0 9 % ): 5 % , $299,914; 5 £ % , $68,200.
42 share loans (average, $314.02 each; average rate, 5 .7 8 % ); 5 % , $1,600; 5 £ % , $2,450; 6 % ,
$9,139.
T otal E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,400.00
3 .6 2
Other Expenses.
Total.
$311.34
$1,711.34
.81
4.4 3
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
.
$84,008
62,356
11,608
18,719
469
3
342
2
120
399
26,048
133
00
00
00
78
58
75
43
97
00
57
18
91
$204,212 17
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Personal accounts
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A ccou n t w ith D ues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Temporary expense .
Forfeited share account
Matured share account
Cash on hand Oct. 31, 1908
209
CO M M ISSIO N ER.
$39,754
398
19,525
6,411
14
7,072
78,250
14,803
300
1,831
222
30,960
750
3,916
00
00
00
61
91
82
00
00
56
34
77
45
83
88
$204,212 17
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
Value
Shares rp t i Value
per Share. in Force. 10tal value‘
$9,646 63
49
$196 87
16,364 48
88
185 96
48
8,417 28
175 36
88
14,527 92
165 09
28,695 35
185
155 11
21,084 45
145
145 41
104
14,138 80
135 95
15,965 46
126
126 71
13,535 50
115
117 70
234
25,480 26
108 89
165
16,557 75
100 35
15,634 90
170
91 97
142
11,902 44
83 82
20,552 64
271
75 84
18,242 76
268
68 07
285
17,236 80
60 48
398
21,125 84
53 08
309
14,170 74
45 86
339
13,156 59
38 81
538
17,183 72
31 94
17,080 71
677
25 23
12,634 44
676
18 69
9,958 79
809
12 31
829
5,040 32
6 08
Dues paid in advance
269 00
$378,603 57
Dues capital
Profits capital
Unpaid dues
.
$319,372 00
56,572 57
2,659 00
$378,603 57
D a t e o f E x a m in a t i o n , April 22, 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
210
REPORT
OF
THE
[Pub. Doc.
SAL EM C O -O P E R A T IV E B A N K , SAL EM .
83 WASHINGTON STREET.
Incorporated April 7, 1888.
Began business April 13, 1888.
G e o r g e W . P i c k e r i n g , President.
A l b e r t C. M a c k in t i r e , Secretary.
A l b e r t C. M a c k i n t i r e , Treasurer.
Board of Directors: R e u b e n A r e y , G. A . B o d w e l l , J. P . B r o w n i n g , R o b in D a m o n , W . D . D e n n i s ,
J. C. E n t w i s l e , R. E. H i l l , E. P. L a n e , A . C. M a c k in t i r e , G. W . P i c k e r i n g , G. W . P i t m a n ,
H. E. R e y n o l d s , S. H. W i l k i n s .
Security Committee: R e u b e n A r e y , G. W . P i c k e r i n g , S. H. W
il k in s .
Regular meetings for receipt of moneys the second Friday of each month.
STATEM EN T OF CONDITION, OCTOBER
Assets.
30, 1909.
L iabilities.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Cash
.
.
.
.
.
#600,405
12,440
3,057
1,715
1
237
266
13,108
00
00
99
25
45
04
49
15
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Interest .
.
.
Premiums
.
.
Fines
.
Transfer fees
.
.
Withdrawal profits
Forfeited share account
.
.
.
.
#526,525
77,488
6,595
17,391
3,040
1
118
00
27
85
60
16
20
82
50
67 81
2 16
.
.
.
.
.
.
.
.
.
.
$631,231 37
$631,231 37
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3,798
. 2,485
13
145
. 14,473
. 3,518
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
434
287
2,097
478
Profits Distributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 2 5% on series less than 4 years old; after
4 years, none.
Rates an d Averages o n Loans, O ctober 30, 1909.
469 real estate loans (average, $1,280.18 each; average rate, 5 .5 7 % ): 5 % , #90,500; 5 1 % , $124.1755£% , $146,325; 6 % , $235,530; 6 .3 0 % , #3,875.
122 share loans (average, #101.96 each; average rate, 5 .8 5 % ); 51% , #1,570; 5J% , #1,305; 6 % ,
Total Expenses for Year.
Amount paid for
Cost per #1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
#1,260.00
2.00
Other Expenses.
Total.
#2,220.34
#3,480.34
3 .5 2
5.52
BANK
No. 8.]
CO M M ISSION ER
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited share account
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
$161,148 00
1,800 00
8,300
92,005
16,890
94
32,930
19
1,215
6
502
13
3
10,115
00
00
00
19
78
15
76
00
58
78
23
23
$325,043 70
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Personal accounts
Cash on hand Oct. 30, 1909
$84,556
13
21,185
11,818
1
7,834
164,230
14,465
3,152
228
3,480
178
793
13,108
00
00
00
88
04
29
00
00
18
11
34
65
06
15
$325,043 70
D a t e o f E x a m in a t i o n , April 27, 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
211
R e co n cilia tion o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share,
20 $198 87
Oct. 1897
Apr. 1898
21
187 82
22
177 10
Oct. 1898
23
Apr. 1899
166 73
24
156 61
Oct. 1899
Apr. 1900
25
146 83
26
137 31
Oct. 1900
Apr. 1901
27
128 04
28
119 01
Oct. 1901
29
Apr. 1902
110 19
30
101 58
Oct. 1902
Apr. 1903
31
93 20
32
Oct. 1903
85 00
33
Apr. 1904
77 00
34
69 21
Oct. 1904
Apr. 1905
35
61 61
54 19
36
Oct. 1905
Apr. 1906
37
46 96
38
Oct. 1906
39 89
Apr. 1907
39
33 00
40
26 28
Oct. 1907
Apr. 1908
41
19 72
42
Oct. 1908
13 32
Apr. 1909
43
7 08
44
1 00
Oct. 1909
Dues paid in advance
Shares Tot , y ,u
m Force.
$9,744 63
49
57
10,705 74
10,803 10
61
9,503 61
57
13,155 24
84
32,008 94
218
14,966 79
109
20,614 44
161
196
23,325 96
40,660 11
369
24,988 68
246
29,917 20
321
24,395 00
287
32,032 00
416
33,220 80
480
32,345 25
525
32,405 62
598
41,888 32
892
40,687 80
1,020
1,212
39,996 00
31,299 48
1,191
24,018 96
1,218
19,114 20
1,435
13,133 40
1,855
1,416 00
1,416
914 00
$607,261 27
Dues capital
Profits capital
Unpaid dues
$526,525 00
77,488 27
3,248 00
$607,261 27
212
REPORT
OF T H E
[Pub. Doc.
S A N D W IC H C O -O P E R A T IV E B A N K , S A N D W IC H .
JARVIS
Incorporated October 1, 1885.
E . B . H o w l a n d , President.
STREET.
Began business December 15, 1885.
F l e t c h e r C l a r k , Secretary.
F l e t c h e r C l a r k , Treasurer.
Board of Directors: E . S. C l a r k , F l e t c h e r C l a r k , C. G. E l l i s , E . W . H a in e s , W- H . H e w i n s ,
J. R . H o l w a y , E . B . H o w l a n d , E . 8. S. K e i t h , T . F . K e l l e h e r , C. H . M o o e r s , A. R.
P o p e , E . S. T a l b o t .
Security Committee: C. G- E l l i s , J. R. H o l w a y , A. R. P o p e .
Regular meetings for receipt of moneys the third Tuesday of each month.
S T A T E M E N T !O F CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $143,375 00
Less amount due
.
2,387 50
-------------- $140,987 50
Loans on shares
.
.
.
2,950 00
Real estate by foreclosure, etc.
.
4,677 64
Unpaid interest
.
.
.
1,020 26
Unpaid fines
.
.
.
.
116 74
Temporary expense account
.
345 79
Insurance and taxes paid .
.
34 60
Furniture and fixtures
.
.
300 00
Real estate sale by agreement
.
1,963 20
C a s h , ............................................
14,239 95
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Rent .
.
.
.
$166,635 68
00
90
75
16
18
28
75
75 72
383 94
85 00
$166,635 68
M em b ersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$137,797
21,343
422
846
5,425
255
.
963
708
23
15
3,386
826
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
97
69
537
176
Profits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 10% .
R ates and A verages on Loans, October 30, 1909.
166 real estate loans (average, $849.32 each; average rate, 6 .6 6 % ): 5 % , $13,300; 5J% , $3,150,
5£% , $3,400; 5 | % , $7,250; 6 % , $19,275; 6 ^ % , $1,250; 6J% , $9,050; 6£ % , $18,825; 6 f % ;
$9,550; 7 % , $7,337.50; 7\% , $16,100; 7 ^ % , $5,500; 7 f % , $7,550; 8 % , $11,350; 8 i % ,
$3,100; 8 £ % , $1,050; 8i % , $2,950; 10% , $1,000.
10 share loans (average, $295 each; average rate, 6 .3 3 % ): 5 % , $650; 5 £ % , $50; 6 % , $200; 6 i % ,
$400; 6 £ % , $150‘; 6 f % , $700; 7 % , $500; 7 .2 0 % , $100; 7 f % , $200.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
............................................
............................................
Salaries.
$424.00
2 .5 4
Otlier’ Expenses.
$255.55
1.53
Total.
$679.55
4 .0 7
No. 8.]
BANK
CO M M ISSIO N ER.
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
$40,466 00
00
00
00
00
02
44
00
28
79
05
00
00
70
13,956 24
550
19,150
250
6,200
9,544
422
2
203
37
324
135
19
$91,260 52
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Uncompleted mortgage loans
Real estate sale by agreement
Interest .
.
.
.
Temporary expense .
Forfeited share account
Profits capital .
Taxes
.
.
.
.
Insurance
Cash on hand Oct. 30, 1909
00
00
00
64
53
26
00
00
50
20
80
34
39
70
99 11
43 10
14,239 95
$18,069
305
2,143
2,002
31
922
44,950
1,300
4,312
1,963
1
717
159
$91,260 52
D a t e o p E x a m in a t i o n , A u g u st 3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Interest .
Fines
,
.
Transfer fees
.
Withdrawal profits
Temporary expense .
Forfeited share account
Rent
.
Insurance
.
Surplus
.
Cash on hand Oct. 31, 1908
213
Dec.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
Value
per Share. inShFa0rrece.TotaI Value.
$199 36
$996 80
5
190 05
1,710 45
91
179 16
6,270 60
351
168 55
22:
3,708 10
158 21
9,334 39
591
148 12
64
9,479 68
138 26
3,594 76
26I
128 66
3,731 14
291
119 27
35.
4,174 45
110 14
1,321 68
12Ì
101 21
154
15,586 34
92 52
122!
11,287 44
84 08
1101
9,248 80
75 89
3,566 83
47
67 94
4,823 74
71
60 22
54
3,251 88
52 72
304
16,026 88
45 44
233;
10,587 52
362!
38 37
13,889 94
31 51
1901
5,986 90
9,095 10
24 85
3661
18 38
286'
5,256 68
12 10
368;
4,452 80
423;
2,538 00
6 00
Dues paid in advance
388 00
$160,308 90
Dues capital
Profits capital
Unpaid dues
$137,797 00
21,343 90
1,168 00
$160,308 90
214
REPORT
OF
THE
[Pub. Doc,
S E C U R IT Y C O -O P E R A T IV E B A N K , BROCKTON.
87 M A IN STREET.
Incorporated December 17, 1877.
B r a d f o r d E . J o n e s , President.
Began business December 20, 1877.
G r a n t D. A n t h o n y , Secretary.
G r a n t D. A n t h o n y , Treasurer.
Board of Directors: C. R. B a r r e t t , O. B. B r a y , J. T . C o r c o r a n , Sa m u e l G o o d w in , J. W . H a l l ,
S. M . H a y w a r d , E m b e r t H o w a r d , K e n n e t h M c L e o d , J. B. N y e , F. H . P a c k a r d , A. P.
P o o l e , H . A. P o o l e , E . F. P o p e , G. A. T h a t c h e r , E . M. T h o m p s o n , E . T . V i n a l , H . E .
W i l l i a m s , B. B. W i n s l o w .
Security Committee: J. W . H a l l , S. M . H a y w a r d , H . A . P o o l e .
Regular meetings for receipt of moneys the third Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $977,302 00
I.ess amount due
.
5,140 00
•
-------------- $972,162 00
Loans on shares
.
.
.
70,098 00
Real estate by foreclosure, etc. .
3,635 17
Unpaid interest
.
.
.
3,175 45
Unpaid premiums
.
.
.
24 70
Unpaid fines
.
.
.
.
506 91
Permanent expense account
.
200 00
Temporary expense account
.
943 14
C a s h ............................................
12,290 60
Dues capital
Profits capita] .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Undivided earnings
$882,380
138,766
9,400
2,200
23,551
92
787
2
1,245
4,610
$1,063,035 97
$1,063,035 97
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
42
00
00
84
20
06
00
98
47
Membership.
.
.
.
.
4,127
2,922
15
21
18,805
6,870
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
426
298
2,016
642
Profits Distributed.
First term, 2 f % ; second term, 2\% .
Proportion of profits retained on voluntary withdrawals, 25% .
Rates an d A verages on Loans, October 30, 1909.
507 real estate loans (average, $1,917.47 each; average rate, 5 .5 4 % ): 5 £ % , $935,687;
$36,475.
286 share loans (average, $245.09 each; average rate, 5 .5 0 % ): 5£% , $70,098.
6 .6 0 % ,
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,232.00
2 .1 0
Other Expenses.
Total.
$561.07
$2,793.07
.53
J
2 .6 3
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
Premiums
.
.
.
.
Fines
.
Transfer fees .
.
.
.
Withdrawal profits
Forfeited profits
Cash on hand Oct. 31, 1908
$225,114 00
4,125
115,250
23,335
5,140
249
53,201
267
1,548
4
2,292
11
12,772
00
00
00
00
00
06
20
61
50
61
40
49
$443,310 87
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Real estate by foreclosure .
Temporary expense .
Cash on hand Oct. 30, 1909
$80,875
465
3,024
9,186
45
1,243
296,725
35,450
890
322
2,793
12,290
00
00
00
45
75
41
00
00
00
59
07
60
$443,310 87
215
R econ cilia tion of Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share.
26 $196 77
Dec. 1897
185 65
27
June 1898
174 88
28
Dec. 1898
164 36
29
June 1899
154 07
30
Dec. 1899
144 08
31
June 1900
134 38
32
Dec. 1900
124 94
33
June 1901
34
115 80
Dec. 1901
106 93
35
June 1902
98 31
36
Dec. 1902
89 91
37
June 1903
81 75
38
Dec. 1903
73 80
39
June 1904
40
66 05
Dec. 1904
58 53
41
June 1905
42
51 20
Dec. 1905
44 06
43
1906
44
37 12
Dec 1906
30 34
45
June 1907
23 75
46
Dec. 1907
47
17 33
June 1908
11 08
48
Dec. 1908
5 00
49
June 1909
Dues paid in advance .
Shares Total VaIue.
m Xorce.
$1,967 70
10
2,599 10
14
4,022 24
23
4,602 08
28
49,148 33
319
45,529 28
316
95,275 42
709
64,968 80
520
75,849 00
655
87,896 46
822
88,380 69
899
31,468 50
350
804
65,727 00
462
34,095 60
714
47,159 70
39,566 28
676
62,924 80
1,229
37,318 82
847
1,448
53,749 76
40,200 50
1,325
39,187 50
1,650
1,374
23,811 42
20,974 44
1,893
8,590 00
1,718
1,311 00
$1,026,324 42
Dues capital
Profits capital
Unpaid dues
.
$882,380 00
138,766 42
5,178 00
$1,026,324 42
D a t e o f E x a m in a t i o n , March 29, 30.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
216
REPORT
OF
THE
[Pub. Doc.
S H IR L E Y C O -O P E R A T IV E B A N K , S H IR L E Y .
M A IN STREET.
Incorporated December 27, 1907.
Began business January 1, 1908.
D . C h e s t e r P a r s o n s , President.
J a m e s L . H o l l a n d , Secretary.
C h a r l e s W . M a r s h a l l , Treasurer.
Board of Directors: J. A. A l l e n , A. A. B r o n s d o n , F. S. B u c k e l e y , G. F. B u x t o n , W . H. C r a m ,
W . H. D a v i s , R. O. D ip p m a n , W a l t e r K n o w l e s , E. A. L i v e r m o r e , H. H. L y n c h , W . E.
M e l l i s h , W . W . P r e s t o n , J. T. S m i t h , W . H. W i l b u r .
Security Committee: W . W . C r a m , W
alter
K n o w l e s , W . H. W i l b u r .
Regular meetings for receipt of moneys the first Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30. 1909.
Assets.
Loans on real estate, .
.
Loans on shares
.
.
Permanent expense account
Temporary expense account
C a s h ............................................
Liabilities.
.
.
.
.
$3,600
170
62
3
397
00
00
00
50
03
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Fines
.
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$4,222 53
$4,222 53
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$4,118 00
32 85
1 00
10 63
51 80
7 92
33
M em bersh ip.
236
53
345
33
Added during year
Withdrawn during year
Members Oct. 30. 1909
Borrowers Oct. 30, 1909
76
13
132
9
P rofits D istributed.
One term, l i % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 4 years old; 20%
on series from 4 to 6 years old; 10% on series from 6 to 7 years old; 5 % on series from
7 to 8 years old; after 8 years, none.
Rates an d Averages o n Loans, October 30, 1909.
5 real estate loans (average, $720 each; average rate, 5 .5 8 % ): 5 % , $1,500; 6 % , $2,100.
4 share loans (average, $42.50 each; average rate, 6 % ): 6 % , $170.
T ota l Expenses fo r Year.
Salaries.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Other Expenses.
$17.55
4 .1 6
Total.
$17.55
4 .1 6
BANK
No. 8.]
R eceipts an d D isbursem ents, Year ending
O ctober 30, 1909.
R e co n cilia tio n o f Share A cco u n t w ith D ues
and P rofits Capital.
$3,300 00
104 62
18 34
33
192 61
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
1
$22 23
92
$2,045 16
Jan. 1908
823 14
2
16 14
51
July 1908
914 55
3
10 05
Jan. 1909
91
444 00
4
111
July 1909
4 00
$3,615 90
Dues paid in advance
R e c e ip t s .
Dues capital
Interest .
.
.
.
Fines
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
217
CO M M ISSIO N ER.
35 00
$4,261 85
D is b u r s e m e n t s .
Dues capital withdrawn
.
Profits capital withdrawn .
Real estate loans
.
.
.
.
.
.
Share loans
Temporary expense .
.
.
Cash on hand Oct. 30, 1909
.
.
.
.
$430 00
1 32
2,600 00
170 00
17 55
397 03
$3,615 90
D a t e o f E x a m in a t i o n , October 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
.
.
$4,118 00
32 85
I l l 00
$4,261 85
218
REPORT
OF
THE
[Pub. Doc
SO M E R V IL L E C O -O P E R A T IV E B A N K , S O M E R V IL L E .
59 UNION SQUARE.
Incorporated May 4, 1880.
J. F b a n k W
e l l in g t o n ,
Began business June 7, 1880.
President. D a n i e l S. F a b n u m , Secretary.
D a n i e l S. F a b n u m , Treasurer.
Board of Directors: F. C. A y e b , C. C. Ce o w e l l , D. S. F a b n u m , A. B. H o w e , W . S. H o w e , C. P.
J o h n s o n , M. G. K e n n y , G. A. K i m b a l l , T. H. L o c k e , L . A. P e n n e y , J. S. P i k e , N. H. R e e d ,
S. T. R i c h a b d s , C. A. S l a g e b , G. W . Sn o w , I. B. W a l k e b , B. T. W i l l i s t o n , J. F. W e l l in g t o n .
Security Committee: N. H. R e e d , C. A. S l a g e b , I. B. W a l k e b .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets
Bonds and notes
Loans on real estate .
Loans on shares
Common form mortgages
Temporary expense account
Cash
.
$14,000
846,350
32,900
11,850
221
28,687
00
00
00
00
16
66
Dues capital
Profits capital
Guaranty fund
Surplus
Interest
Fines
Withdrawal profits
Forfeited share account
$934,008 82
00
55
00
74
23
51
97
82
$934,008 82
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$769,363
135,163
12,300
11,030
4,214
171
150
1,614
M em bersh ip.
.
.
.
.
3,788
2,618
24
472
16,856
5,456
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
399
330
1,993
597
Profits Distributed.
First term, 2 £ % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, on series less than 4 years old, one-half of
last dividend; on series from 4 to 8 years old, one-third of last dividend; on series over 8 years
old, one-quarter of last dividend.
R ates and A verages on Loans, October 30, 1909.
426 real estate loans (average, $1,986.73 each; average rate, 5 % ) ; 5 % , $846,350.
169 share loans (average, $194.67 each; average rate, 5 % ): 5% , $32,900.
T otal E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,421.00
2.59
Other Expenses. Total.
$841.81
$3,262.81
.90
3 .4 9
BANK
No. 8.]
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Taxes
.
.
.
.
Cash on hand Oct. 31, 1908
$196,136 00
1,550 00
5,950
134,350
27,080
112,500
1,861
45,187
1,647
7
1,017
12
1,222
162
28,512
00
00
00
00
42
51
77
25
78
44
67
29
70
$557,197 83
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Forfeited share account
Taxes
.
.
.
.
Suspense .
.
.
.
Cash on hand Oct. 30, 1909
$104,766 00
1,138 00
70,329 00
16,564 11
157 04
24,119 66
230,000 00
16,170 00
57,500 00
1,861 42
1,698 49
3,262 81
800 64
130 69
12 31
28,687.66
$557,197 83
D a t e o f E x a m in a t i o n , May 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
219
CO M M ISSION ER
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
36 $196 18
Oct. 1897
Apr. 1898
37
185 61
38
175 23
Oct. 1898
Apr. 1899
39
165 14
40
155 27
Oct. 1899
41
Apr. 1900
145 69
42
136 31
Oct. 1900
Apr. 1901
43
127 16
44
118 23
Oct. 1901
Apr. 1902
109 51
45
46
101 01
Oct. 1902
92 72
47
Apr. 1903
48
84 62
Oct. 1903
Apr. 1904
49
76 73
50
69 03
Oct. 1904
Apr. 1905
51
61 49
52
54 13
Oct. 1905
Apr. 1906
53
46 93
54
39 88
Oct. 1906
32 99
Apr. 1907
55
56
26 27
Oct. 1907
Apr. 1908
57
19 72
58
13 33
Oct. 1908
Apr. 1909
59
7 09
1 00
60
Oct. 1909
Shares
in Force. Total Value.
$17,067 66
87
268
49,743 48
219
38,375 37
266
43,927 24
208
32,296 16
361
52,594 09
268
36,531 08
401
50,991 16
336
39,725 28
41,942 33
383
402
40,606 02
680
63,049 60
515
43,579 30
391
30,001 43
618
42,660 54
710
43,657 90
601
32,532 13
696
32,663 28
719
28,673 72
1,395
46,021 05
1,556
40,876 12
1,392
27,450 24
1,374
18,315 42
1,855
13,151 95
1,155
1,155 00
1,342 00
Dues paid in advance
$908,929 55
Dues capital
.
Profits capital .
Unpaid dues
.
.
.
.
.
.
.
.
.
.
$769,363 00
135,163 55
4,403 00
$908,929 55
220
REPORT
OF T H E
[Pub. Doc.
SOUTH F R A M IN G H A M C O -O P E R A T IV E B A N K , SOUTH
F R A M IN G H A M .
IRVIN G SQUARE.
Incorporated April 16, 1-889.
Began business May 6, 1889.
H a r r ie L. D a v e n p o r t , Secretary.
H a r r ie L. D a v e n p o r t , Treasurer.
A l v a h T . B r id g e s , President.
Board of Directors: E. A. C l a r k , C. L. C u r t i s , H. S. D e n n i s o n , C. H E a m e s , F . H. F a l e s , A. H
I i s k e , C. H . F u l l e r , E l e a z e r G o u l d in g , C. N. H a r g r a v e s , F . H. H i l t o n , R . H. O ’ B r ie n
D a v i d R o b e r t s o n , J o s h u a S m i t h , S. O. S t a p l e s , J. H. T e m p l e , G. J. T w i t e , E u g e n e
Security Committee: C. L. C u r t i s , E l e a z e r G o u l d in g , S. O. S t a p l e s .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
$633,305
13,470
700
674
86
44
11,717
00
00
00
04
50
74
56
Dues capital
,
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Forfeited share account
Personal accounts
$559,230
86,414
5,615
6,391
507
800
1,040
$659,997 84
$659,997 84
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
4,277
2,189
37
65
. 14,239
. 4,121
.
.
.
.
.
.
00
14
00
19
11
40
00
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
420
252
1,664
433
Profits Distributed.
First term, 2 £ % ; second term, 2\% .
Proportion of profits retained on voluntary withdrawals, none.
Rates an d Averages o n Loans, O ctober 30, 1909.
365 real estate loans (average, $1,735.08 each; average rate, 5 .2 4 % ): 5 % , $480,250; 6 % , $152,255;
6 f % , $800.
98 share loans (average, $137.45 each; average rate, 5 .7 7 % ): 5 % , $3,000; 6 % , $10,470.
Total Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
............................................ $2,043.42
............................................
3 .1 0
Other Expenses.
Total.
$541.95
$2,585.37
.82
3 .9 2
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem en ts, Y ear e n d in g
October 30, 1909.
R eceipts .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Temporary expense .
Forfeited share account
Matured share account
Personal accounts
Cash on hand Oct. 31, 1908
$168,377 00
1,200
97,565
11,120
31,748
736
184
709
13,212
5,546
7,470
00
00
00
51
43
34
99
15
37
75
$337,870 54
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Matured share account
Personal accounts
Cash on hand Oct. 30, 1909
$75,989
852
9,572
10,494
126
3,445
191,600
13,365
219
2,782
13,212
4,506
11,717
00
00
00
90
27
20
00
00
69
77
15
37
56
$337,870 54
221
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
Nov. 1897
18 $196 78
May 1898
19
185 98
Nov. 1898
20
175 47
21
May 1899
165 26
22
Nov. 1899
155 30
May 1900
23
145 58
Nov. 1900
24
136 10
May 1901
25
126 85
Nov. 1901
26
117 82
May 1902
27
109 02
Nov. 1902
28
100 43
May 1903
29
92 05
Nov. 1903
83 87
30
May 1904
75 89
31
Nov. 1904
32
68 11
May 1905
33
60 52
Nov. 1905
34
53 12
May 1906
35
45 89
Nov. 1906
36
38 84
May 1907
37
31 96
Nov. 1907
38
25 25
May 1908
39
18 70
Nov. 1908
40
12 31
May 1909
41
6 08
Dues paid in advance
inForece.TotalVaIue$13,184 26
67
10,600 86
57
24,214 86
138
131
21,649 06
218
33,855 40
119
17,324 02
173
23,545 30
26,004 25
205
304
35,817 28
236
25,728 72
21,692
88
216
15,924 65
173
26,502 92
316
26,940 95
355
556
37,869 16
33,164 96
548
35,401 04
667
33,820 93
737
42,724 00
1,100
30,777 48
963
46,712 50
1,850
21,804 20
1,166
21,887 18
1,778
13,169 28
2,166
6,484 00
$646,830 14
Dues capital
Profits capital
Unpaid dues
.
$559,225 00
86,414 14
1,191 00
$646,830 14
D a t e o f E x a m in a t i o n , A p ril 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
222
REPORT
OF
THE
[Pub. Doc.
SOUTH SHORE C O -O P E R A T IV E B A N K , W E Y M O U T H .
61
COM MERCIAL STREET.
Incorporated April 18, 1890.
Began business May 5, 1890.
C h a r l e s G. S h e p p a r d , President. C h a r l e s G. J o r d a n , Secretary. C h a r l e s G. J o r d a n , Treasurer.
Board of Directors: C. W . B a k e r , G. E . B i c k n e l l , G. H . B ic k n e l l , P a t r i c k B i j t l e r , P a t r i c k
C a s e y , F r e d e r ic k C a t e , J. F . D w y e r , T h o m a s F it z g e r a l d , J. H F l i n t , C. A . H a y w a r d .
J o h n K e l l e y , D . J. P i e r c e , H . M. S t o w e , C. F . V a u g h a n , J. R . W a l s h .
Security Committee: G. H . B ic k n e l l , C. A. H a y w a r d , C. G. S h e p p a r d .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
L iabilities.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Insurance and taxes paid
Cash
.
$179,825
6,720
487
82
21
1,274
00
00
90
18
88
33
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Personal accounts
.
.
.
.
.
.
.
.
.
$155,229 00
28,082 29
.
4,055 55
44 45
.
.
$188,411 29
$188,411 29
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1,000 00
.
.
.
.
.
.
724
369
4
68
17
3,249
1,093
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
86
58
460
159
P rofits D istributed.
First term, 2 ^ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates and Averages o n Loans, O ctober 30, 1909.
143 real estate loans (average, $1,257.51 each; average rate, 5 .0 2 % ): 5 % , $173,975: 5 1 % , $2,600;
6 % , $2,900; 6.3 4 % , $350.
28 share loans (average, $240 each; average rate, 5 % ) : 5 % , $6,720.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$478.00
2 .5 4
Other Expenses.
$284.70
1.51
Total.
$762.70
4.0 5
No. 8.]
BANK
COM M ISSIONER,
R eceipts and D isbursem en ts, Year end ing
October 30, 1909.
R eceipts.
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Personal accounts
Cash on hand Oct. 31, 1908
$38,683 00
2,200
18,650
1,550
9,402
5
526
1
359
3
44
4,433
00
00
00
66
72
37
00
33
88
45
54
$75,859 95
D isbursements .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Insurance
.
.
.
.
Cash on hand Oct. 30, 1909
$11,887
140
9,707
2,499
1,436
15
3,367
914
39,750
3,900
199
762
6
1,274
00
00
00
00
26
56
46
63
00
00
13
70
88
33
$75,859 95
223
R e co n cilia tio n o f Share A ccou n t w ith Dues
and P rofits Capital.
Value
Date of Issue. Series. per Share. inForrce.TotalValue$7,698 21
Nov. 1897
16 $197 39
39
10,438 96
17
186 41
56
May 1898
38
6,678 50
Nov. 1898
18
175 75
7,442 55
19
165 39
45
May 1899
10,873 80
20
155 34
70
Nov. 1899
6,988 80
21
145 60
48
May 1900
5,172 56
22
136 12
38
Nov. 1900
8,500 29
23
67
May 1901
126 87
5,302 80
24
45
Nov. 1901
117 84
109 03
105
11,448 15
25
May 1902
40
4,017 60
Nov. 1902
26
100 44
92 06
78
7,180 68
27
May 1903
6,710 40
83 88
80
Nov. 1903
28
130
9,867 00
May 1904
29
75 90
14,100 84
Nov. 1904
30
68 12
207
142
8,595 26
60 53
May 1905
31
8,764 80
32
53 12
165
Nov. 1905
11,793 73
33
45 89
257
May 1906
243
9,438 12
34
38 84
Nov. 1906
7,318 84
31 96
229
May 1907
35
238
6,009 50
Nov. 1907
36
25 25
3,796 10
18 70
203
May 1908
37
304
3,742 24
12 31
Nov. 1908
38
2,322 56
382
May 1909
39
6 08
Dues paid in advance
122 00
$184,324 29
Dues capital
Profits capital
Unpaid dues
$155,229 00
28,082 29
1,013 00
$184,324 29
D a t e o f E x a m in a t i o n , March 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
224
REPORT
OF T H E
[Pub. Doc.
SOUTH W E Y M O U T H C O -O P E R A T IV E B A N K , SOUTH
W EYMOUTH.
Incorporated February 28, 1889.
G e o r g e L. W e n t w o r t h , President.
Began business March 9, 1889.
F r e d T. B a r n e s , Secretary-
E l l is J. P it c h e r , Treasurer.
Board of Directors: G L. B a r n e s , G. R . B o w k e r , C. H . C l a p p , G. W . C o n a n t , J o s e p h D y e r ,
J. F. F r a w l e y , C. W . H a s t i n g , A l v in H o l l is , L. K . J o n e s , E. C. L o u d , E. N. M a y b e r r y ,
J. B . R e e d , J. H . S t e t s o n , A . D . S t o d d a r d , G o r d o n W i l l i s .
Security Committee: G . R. B o w k e r , C. H. C l a p p , J. F. F r a w l e y , E. J. P i t c h e r , J. H. S t e t s o n .
Regular meetings for receipt of moneys the second Saturday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
A ssets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
$205,516
9,275
254
17
174
9,896
00
00
40
52
95
81
Dues capital
Profits capital
Guaranty fund
Surplus
Interest
Premiums
Transfer fees
Withdrawal profits
Forfeited share account
Personal accounts
$225,134 68
00
05
69
90
00
15
25
134 31
23 40
954 93
$225,134 68
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$179,889
38,098
2,324
2,343
1,364
2
.
.
874
297
14
42
28
3,965
1,263
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
77
25
575
184
P rofits D istributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates and A verages on Loans, O ctober 30, 1909.
159 real estate loans (average, $1,292.55 each; average rate, 6 .0 1 % ): 6 % , $199,841; 6.30% , $4,875;
6.60% , $600; 7.20% , $200.
30 share loans (average, $309.17 each; average rate, 6 % ) : 6 % , $9,275.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$550.00
2 .4 4
Other Expenses.
$441.84
1.9 6
Total.
$991.84
4 .4 0
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated, by
foreclosure
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
. . .
Real estate by foreclosure .
Interest .
Premiums
.
Fines
.
.
Transfer fees .
.
.
.
Withdrawal profits
.
.
Forfeited profits
Suspense account
Security committee .
Cash on hand Oct 31, 1908
$47,864 00
1,800 00
5,200
17,200
4,300
1,800
1,624
13,005
24
609
1
460
17
30
57
5 598
00
00
00
00
60
80
61
09
75
31
22
00
60
73
$99,593 71
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Suspense account
Security committee .
Cash on hand Oct 30, 1909
$13,348
404
5,292
3,948
1,839
68
2,025
1,659
54,616
2,675
1,150
1,512
83
991
9
72
9,896
00
00
00
00
20
81
66
82
00
00
00
53
72
84
72
60
81
$99,593 71
D a t e o p E x a m in a t i o n , October 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
225
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share. in Ihrce. Tota* Value.
Mar. 1898
19 $199 26
15
$2,988 90
20
6,564 60
Sept. 1898
187 56
35
21
Mar. 1899
176 25
127
22,383 75
22
165 28
87
Sept. 1899
14,379 36
Mar. 1900
23
154 65
133
20,568 45
24
144 37
79
11,405 23
Sept. 1900
134 40
Mar. 1901
25
40
5,376 00
124 70
26
40
4,988 00
Sept. 1901
Mar. 1902
115 27
9,797 95
27
85
11,352 70
28
106 10
107
Sept. 1902
6,124 23
29
97 21
63
Mar. 1903
30
88 55
110
9,740 50
Sept. 1903
31
80 13
115
9,214 95
Mar. 1904
32
109
7,840 37
Sept. 1904
71 93
63 97
178
11,386 66
Mar. 1905
33
34
176
9,898 24
56 24
Sept. 1905
35
48 74
250
12,185 00
Mar. 1906
41 46
132
5,472 72
36
Sept. 1906
34 39
439
15,097 21
Mar. 1907
37
212
5,834 24
38
27 52
Sept 1907
367
7,651 95
Mar. 1908
39
20 85
14 38
328
4,716 64
40
Sept. 1908
444
3,596 40
41
8 10
Mar. 1909
42
294
588 00
2 00
Sept. 1909
Dues paid in advance
233 00
$219,335 05
Dues capital
Profits capital
Unpaid dues
.
$179,889 00
38,098 05
1,398 00
$219,385 05
226
REPORT
OF
THE
[Pub. Doc,
SP R IN G F IE L D C O -O P E R A T IV E B A N K , S P R IN G F IE L D .
9 COURT HOUSE PLACE.
Incorporated April 13, 1882.
L. C. S c h e u in g , President.
Began business May 9, 1882.
E . S. B a t c h e l d e r , Secretary.
C. H . C h u r c h il l , Treasurer.
Board of Directors: F. H . E l w e l l , E . A. H a l l , W . H . H a y d e n , H . L. H i n e s , J o h n M u l r o n e ,
J. W . N i c k e l s , H . A. S a n d e r s o n , S. D. S h e r w o o d , F. H . S t e b b i n s .
Security Committee: W . D. B ig e l o w , C. H . C h u r c h il l , S. D. S h e r w o o d .
Regular meetings for receipt of moneys the second Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
L iabilities.
.
$378,900
19,545
776
111
22,475
00
00
43
76
87
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
Profit and loss .
.
$421,809 06
00
03
08
00
00
95
$421,809 06
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$353,332
50,913
4,777
10,000
10
2,776
M em bersh ip.
1,608
1,128
9
243
1
7,894
2,578
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
162
175
1,118
302
P rofits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 25 % on series less than 5 years old; 20%
on series from 5 to 6 years old; 15% on series from 6 to 7 years old; 5 % on series from 7 to 8
years old; after 8 years, none.
Rates an d A verages on Loans, O ctober 30, 1909.
262 real estate loans (average, $1,446.18 each; average rate, 5 % ) : 5 % , $378,900.
150 share loans (average, $130.30 each; average rate, 5 % ): 5 % , $19,545.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,409.35
3 .3 4
Other Expenses.
Total.
$771.25
$2,180.60
1.83
5.1 7
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Year ending
October 30, 1909.
.
.
.
.
$96,470
96,075
17,890
4,477
19,867
556
10
528
2
105
33,756
00
00
00
60
10
41
00
36
38
62
05
$289,738 52
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Profit and loss .
.
.
.
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
$66,171
101
12,606
125
11,254
7
2,882
55
129,575
21,675
109
421
2,172
95
10
22,475
00
00
00
00
51
84
92
66
00
00
02
23
85
62
00
87
227
Aug.
Nov.
May
Nov.
May
Aug.
Feb.
May
Aug.
Nov.
Feb.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1897
1898
1898
1899
1899
1900
1900
1900
1900
1901
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
47
48
50
52
54
55
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
Value
per Share. Ä e . Total Value.
$199 13
8
$1,593 04
193 66
2,517 58
13
1,464 00
183 00
8
2,934 03
172 59
17
162 54
2,113 02
13
630 80
157 70
4
148 08
13
1,925 04
143 28
859 68
6
111
15,386 82
138 62
172
133 99
23 046 28
203
26,286 47
129 49
124 90
11,116 10
89
116 17
134
15,566 78
33,042 41
107 63
307
21,142 38
213
99 26
21,852 00
91 05
240
82 99
144
11,950 56
362
27,233 26
75 23
23,162 79
343
67 53
321
19,304 94
60 14
52 81
27,936 49
529
19,962 16
45 68
437
33,380 84
38 68
863
31 84
701
22,319 84
549
13,823'-82
25 18
18 66
606
11,307 96
12 30
745
9,163 50
743
4,517 44
6 08
Dues paid in advance
381 00
$405,921 03
$269,738 52
Dues capital
Profits capital
Unpaid dues
.
$353,332 00
50,913 03
1,676 00
$405,921 03
D a t e o f E x a m in a t i o n , April 15, 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
228
REPORT
OF
THE
[Pub. Doc.
STO N EH A M C O -O P E R A T IV E B A N K , STO N EH A M .
H IL L ’ S BLOCK, M A IN STREET.
Incorporated January 10, 1887.
S i d n e y A. H i l l , President.
Began business February 1, 1887.
G e o r g e N. G r e e n , Secretary.
G e o r g e N. G r e e n , Treasurer.
Board of Directors: C. H . C h a s e , L . C. C u t t s , B. J. H in d s , C. W . H o u g h t o n , J. A . J o n e s , D. D.
P e a b o d y , W . O. R ic h a r d s o n , J. B. S a n b o r n , L u t h e r W h i t e .
Security Committee: C h a r l e s B a l d w i n , C. J. E m e r s o n , S. H . G r e e n .
Regular meetings for receipt of moneys the first Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Cash in hands of treasurer .
L iabilities.
.
$224,400
4,700
11,700
1,021
102
4,532
00
00
00
48
82
30
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
Personal accounts
.
$246,456 60
00
06
00
86
17
51
$246,456 60
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$206,246
34,189
2,700
3,179
131
10
M em bersh ip.
.
.
962
563
15
74
4,189
1,299
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
77
32
585
191
Profits D istributed.
First term, 2 | % ; second term, 2J%.
Proportion of profits retained on voluntary withdrawals, $1 per share; after 6 years, none.
R ates and A verages o n Loans, O ctober 30, 1909.
191 real estate loans (average, $1,174.87 each; average rate, 5 % ) : 5 % , $224,400.
24 share loans (average, $195.83 each; average rate, 5 % ) : 5 % , $4,700.
T otal E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$625.41
2 .5 4
Other Expenses.
$218.67
.89
Total.
$844.08
3.4 3
BANK
No. 8.]
CO M M ISSION ER
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
foreclosure
Real estate loans repaid
Share loans repaid
Real estate by foreclosure
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
$48,940 00
1,000
32,100
7,700
1,044
11,180
175
4
266
11
99
851
00
00
00
00
04
40
25
84
45
75
41
$103,373 14
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure
Interest
Temporary expense .
Cash on hand Oct. 30, 1909
$23,832
330
11,099
3,437
39
3,863
61,650
2,700
1,033
111
844
4,532
00
00
00
49
60
28
00
00
49
90
08
30
$103,373 14
229
R e co n cilia tion o f Share A cco u n t w ith D ues
an d Profits Capital.
Value
Shares
Date of Issue. Series. per Share, in Force, Total Value.
$5,038 50
54
25
22
May 1897
73
13,937 89
93
23
Nov. 1897
28
5,056 52
24
59
May 1898
54
8,015 38
47
25
Nov. 1898
38
6,110 78
81
26
May 1899
32
75
11,349
00
Nov. 1899
27
05
87
12,358 35
28
May 1900
9,175 62
98
69
Nov. 1900
29
8,563 59
11
69
30
May 1901
93
44
10,735 92
31
Nov. 1901
162
17,329 14
97
32
May 1902
126
12,433 68
33
68
Nov. 1902
143
12,951 51
57
34
May 1903
63
187
15,451 81
35
Nov. 1903
87
115
8,610 05
May 1904
36
10,832 08
28
161
37
Nov. 1904
153
9,158 58
86
38
May 1905
60
220
11,572 00
39
Nov. 1905
261
11,878 11
51
40
May 1906
224
8,637 44
41
56
Nov. 1906
377
77
11,977 29
42
May 1907
13
281
7,061 53
43
Nov. 1907
64
293
5,461 52
44
May 1908
4,928 29
29
401
45
Nov. 1908
2,924 48
08
481
46
May 1909
Dues paid in advance
107 00
$241,656 06
Dues capital
Profits capital
Unpaid dues
$206,246 00
34,189 06
1,221 00
$241,656 06
D a t e o f E x a m in a t i o n , May 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
230
REPORT
OF
THE
[Pub. Doc.
STO UGH TON C O -O P E R A T IV E B A N K , STO UGH TON.
PE ARL STREET.
Incorporated March 23, 1886.
W a l e s F r e n c h , President.
Began business April 10, 1886.
H e n r y W . B r it t o n , Secretary.
H e n r y W . B r it t o n , Treasurer.
Board of Directors: G. E. B e l c h e r , R. S. B l a k e , K . R. C l i f f o r d , E. E. C u r t i s , A . L . H o l m e s ,
H . L . J o h n s o n , H . S. J o n e s , J. J. K e n n e d y , H . M c C o u r t , C o r n e l iu s M u r p h y , M. F.
P o w e r s , W e b s t e r S m it h , R ic h a r d V a n s t o n , R . B . W a r d , F. H . W h i t e .
Security Committee: H. S. J o n e s , W
ebster
S m i t h , R. B. W a r d .
Regular meetings for receipt of moneys the second Saturday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $275,075 00
Less amount due
.
1,800 00
Loans on shares
Real estate by foreclosure, etc.
Temporary expense account
Cash
.
.
.
.
$273,275
7,815
3,461
202
2,183
00
00
30
26
27
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
$286,936 83
00
96
12
46
57
67
25
74 80
4 00
$286,936 83
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$241,371
39,380
2,538
1,983
1,516
67
M em bersh ip.
.
.
.
1,305
865
12
121
5,611
1,661
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
162
134
750
310
Profits D istributed.
First term, 2J % ; second term, 2 i % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; after
5 years, none.
Rates an d Averages on Loans, October 30, 1909.
271 real estate loans (average, $1,008.38 each; average rate, 5 .2 8 % ): 5 % , $197,375; 6 % , $75,900.
39 share loans (average, $200.38 each; average rate, 6 % ) : 6 % , $7,815.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,131.43
3.9 4
Other Expenses.
Total.
$157.83
$1,289.26
.55
4.4 9
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
$64,749 00
Real estate loans eliminated by
Real estate loans eliminated by
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Real estate by foreclosure .
3,200 00
4,800
29,475
12,730
1,800
2,760
‘ 15,064
818
2
230
7
281
89
2,060
00
00
00
00
25
45
76
25
62
98
66
34
84
$138,070 15
D is b u r s e m e n t s .
$33,901
381
17.399
5,569
31
6,865
53,050
12,925
600
3,573
20
1,289
281
2,183
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Real estate by foreclosure .
Temporary expense
Forfeited share account
Cash on hand Oct. 30, 1909
00
00
00
17
64
92
00
00
00
23
00
26
66
27
$138,070 15
D a t e o f E x a m in a t i o n , June 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
231
CO M M ISSION ER
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Value
$191
180
169
159
149
139
129
120
111
102
94
86
78
70
62
55
48
40
34
27
20
14
8
Dues paid m advance
27
25
54
18
11
33
82
58
61
91
46
23
20
38
76
31
05
97
07
33
75
33
09
2 00
in
Total Value.
55
. 31
51
57
53
95
79
144
126
134
184
194
171
212
235
286
492
276
429
348
392
485
464
618
$10,519
5,587
8,646
9,073
7,902
13,236
10,255
17,363
14,062
13,789
17,380
16,728
13,372
14,920
14,748
15,818
23,640
11,307
14,616
9,510
8,134
6,950
3,753
1,236
85
75
54
26
83
35
78
52
86
94
64
62
20
56
60
66
60
72
03
84
00
05
76
00
231 00
$282,787 96
Dues capital
Profits capital
Unpaid dues
Suspense dues
$241,371
39,380
2,033
3
00
96
00
00
$282,787 96
232
REPORT
OF T H E
[Pub. Doc.
SU FFO LK C O -O P E R A T IV E B A N K , BOSTON.
73 TREM ON T STREET.
Incorporated December 11, 1885.
A l f r e d A . H a l e , President.
Began business January 1, 1886.
G e o r g e M. N a t , Secretary.
G e o r g e M . N a t , Treasurer.
Board of Directors: W . L . A n d e r s o n , W . C. B u r b a n k , T . E . C h e r r t , J. J. G a v i n , J. A . G r a c e ,
R- C. H e e b n e r , J. C. M o r s e , E . B. N o t e s , E d w a r d S e a v e r , R. H. T h o d e , W . H. W a t t s .
Security Committee: E d w a r d S e a v e r , W . H. W
atts.
Regular meetings for receipt of moneys the first Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30. 1909.
Assets.
Liabilities.
Loans on real estate .
.
.
Loans on shares
.
.
.
Common form mortgages .
.
Unpaid dues
.
.
.
.
Unpaid interest
.
.
.
Unpaid premiums
.
.
.
Unpaid fines
.
.
.
.
Permanent expense account
.
C a s h ............................................
$80,750
9,005
50
835
240
00
00
00
00
07
80
49 64
159 50
2,354 85
Dues capita]
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Forfeited share account
Suspense .
.
.
.
.
$80,670
11,518
450
589
176
41
$93,444 86
$93,444 86
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
09
00
32
20
25
.
.
.
.
758
279
23
32
2,183
683
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
133
70
350
82
.
.
.
.
.
Profits Distributed.
First term, 1|% ; second term, 1J% ;
term, 11% ; fourth term, 1J%.
Proportion of profits retained
third
voluntary withdrawals, 25 % .
R ates and Averages o n Loans, October 30, 1909.
53 real estate loans (average, $1,523.58 each; average rate, 5 .3 8 % ): 5 % , $49,775; 5 4 % . $8,5006 % , $16,575; 6 .3 0 % , $3,700; 7 .2 0 % , $800; 74 % , $1,400.
50 share loans (average, $180.10 each; average rate, 5 .8 5 % ): 5 % , $1,345; 6 % , $7,660.
Total Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$300.00
3.21
Other Expenses.
$435.29
4 .6 5
Total.
$735.29
7.86
BANK
No. 8.]
COM M ISSIONER,
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Cash on hand Oct. 31, 1908
$24,114 00
470
4,000
1,330
4,474
43
204
87
4
377
1,608
00
00
00
05
79
97
85
48
12
90
$36,715 16
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Temporary expense .
Permanent expense
Forfeited share account
Cash on hand Oct. 30, 1909
$5,037
359
4,800
335
32
1,659
14,925
5,380
735
20
1,075
2,354
00
00
00
75
93
96
00
00
29
00
38
85
$36,715 16
233
R e co n cilia tion o f Share A ccou n t w ith Dues
an d P rofits Capital.
Date of Issue. Series.
May
Nov.
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
Feb.
May
Aug.
Nov.
Feb.
May
Aug.
Nov.
Feb.
May
Aug.
Nov.
Feb.
May
Aug.
Nov.
Feb.
Mav
Aug.
Nov.
Feb.
May
Aug.
Nov.
Feb.
May
Aug.
1897
1897
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1903
1903
1904
1904
1904
1904
1905
1905
1905
1905
1906
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
24
25
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
Value
Shares
per Share. in Force. Total Value.
$201 75
2
$403 50
190 97
10
1,909 70
170 48
19
3,239 12
160 64
40
6,425 60
151 11
22
3,324 42
141 78
20
2,835 60
132 74
32
4,247 68
123 89
24
2,973 36
115 27
15
1,729 05
106 93
14
1,497 02
98 62
38
3,747 56
94 59
47
4,445 73
90 60
32
2,899 20
86 63
44
3,811 72
82 71
22
1,819 62
78 85
13
1,025 05
75 01
15
1,125 15
71 21
25
1,780 25
67 46
59
3,980 14
63 74
58
3,696 92
60 05
43
2,582 15
56 40
17
958 80
52 80
40
2,112 00
49 22
77
3,789 94
45 69
36
1,644 84
42 18
36
1,518 48
38 70
85
3,289 50
35 27
82
2,892 14
31 87
28
892 36
28 51
50
1,425 50
25 19
50
1,259 50
21 91
192
4,206 72
IS 67
106
1,979 02
15 47
87
1,345 89
12 31
120
1,477 20
9 18
214
1,964 52
6 08
196
1,191 68
3 02
173
522 46
Dues paid in advance
219 00
$92,188 09
Dues capital
Profits capital
.
$80,670 00
11,518 09
$92,188 09
D a t e o f E x a m in a t i o n , October 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
234
REPORT
OF T H E
[Pub. Doc.
T A U N T O N C O -O P E R A TIV E B A N K , T A U N T O N .
43
CITY SQUARE.
Incorporated March 2, 1880.
J o h n J. B a r k e r , President.
Began business March 17, 1880.
H e r b e r t O. M o r s e , Secretary.
G e o r g e E. D e a n , Treasurer.
Board of Directors: T h o m a s B a k e r , J. F . B a r d e n , J. H . C h u r c h , J. H . D a l g l i s h , T . W . D e a n ,
H . A . D i c k e r m a n , F. E. G o f f , T h e r o n G o r h a m , F. W . H a y m a n , H . N. H o p k in s , J. H .
L i n c o l n , H . N. P i e r c e , A . E. R o b in s o n , W . T . S o p e r , A . R . W h i t e , 2d.
Security Committee: T h o m a s B a k e r , D a n i e l C a r e y , H . N. P i e r c e .
Regular meetings for receipt of moneys the first Tuesday after 15th of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Liabilities.
Loans on real estate
Loans on shares
Unpaid interest
Unpaid fines
Cash
$665,050
24,700
2,374
299
2,617
00
00
78
24
72
Dues capital
Profits capital
Guaranty fund
Surplus
Forfeited share
Advance dues
$574,617
108,514
4,094
7,271
133
410
.
.
account
.
$695,041 74
$695,041 74
Shares.
Issued during year
.
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
Membership.
.
.
.
.
.
.
.
.
.
.
00
26
83
71
94
00
.
.
.
.
2,668
. 1,919
210
63
. 11,823
. 4,247
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
161
125
1,388
495
Profits Distributed.
First term, 2Jf%; second term, 2\%.
Proportion of profits retained on voluntary withdrawals, none.
R ates and A verages on Loans, October 30, 1909.
405 real estate loans (average, $1,642.09 each; average rate, 5 .3 0 % ); 5.30% , $665,050.
90 share loans (average, $274.44 each; average rate, 5 .3 0 % ); 5.30% , $24,700.
Total Expenses for Year.
Salaries.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 1 , 100.00
1.58
Other Expenses.
Total.
$771.95
$1,871.95
1.12
2.7 0
BANK
No. 8.]
R eceipts an d D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Int'erest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Advanced payments .
Cash on hand Oct. 31, 1908
$137,675 00
3,050
152,550
14,550
35,469
745
14
492
3,247
00
00
00
80
14
00
00
93
$347,793 87
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
Temporary expense .
Cash on hand Oct. 30, 1909
235
CO M M ISSION ER
$70,960
29,996
9,258
11,551
10,172
3.350
186,000
21,200
815
1,871
2,617
00
00
00
47
40
34
00
00
99
95
72
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d Profits Capital.
Value
Date of Issue. Series. per Share.
May 1898 ■ 19 $185 99
20
165 06
May 1899
21
145 29
May 1900
22
135 82
Nov. 1900
126 59
23
May 1901
24
117 59
Nov. 1901
108 81
25
May 1902
100 24
26
Nov. 1902
27
91 89
May 1903
83 74
28
Nov. 1903
75 79
29
May 1904
68 03
Nov. 1904
30
31
60 46
May 1905
32
53 09
Nov. 1905
33
45 86
May 1906
34
38 83
Nov. 1906
31 95
35
May 1907
36
25 24
Nov. 1907
18 70
37
May 1908
12 31
38
Nov. 1908
39
6 08
May 1909
Dues paid in advance
in Force. To*aI Va!ue.
385
471
450
82
422
60
524
91
597
129
572
171
820
332
917
399
1,015
423
1,389
673
1,901
$71,606
77,743
65,380
11,137
53,420
7,055
57,016
9,121
54,858
10,802
43,351
11,633
49,577
17,625
42,053
15,493
32,429
10,676
25,974
8,284
11,558
15
26
50
24
98
40
44
84
33
46
88
13
20
88
62
17
25
52
30
63
08
410 00
$687,210 26
$347,793 87
Dues capital
Profits capital
Unpaid dues
.
$575,027 00
108,514 26
3,669 00
$687,210 26
D a t e o p E x a m in a t i o n , October 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
236
REPORT
OF T H E
[Pub. Doc.
T R O Y C O -O P E R A T IV E BATÌK, F A L L R IV E R .
59 NORTH M A IN STREET.
Incorporated July 18, 1880.
Began business July 20, 1880.
J e r o m e C. B o r d e n , President. G e o r g e H. E d d y , Jr., Secretary. G e o r g e H. E d d y , Jr., Treasurer.
Board of Directors: J a m e s A l l a h d ic e , T. D. C o v e l , A . F. Dow, J. H. F r e n c h , G e o r g e G r im e ,
J. E. M c C r e e r y , J. E. O ’C o n n o r , S. S. R e a d , L . N . S l a d e , W . R . W o o d m a n , J. M . Y o u n g .
Security Committee: J a m e s A l l a r d i c e , T. D. C o v e l , J. M . Y o u n g .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid fines
Cash
.
.
.
.
L iabilities.
.
$780,450
34,400
3,197
1,413
52
34,920
00
00
42
49
23
29
Dues capital
.
.
Profits capital .
.
Guaranty fund .
.
Surplus
.
.
.
Forfeited share account
Personal accounts
Advanced payments .
Suspense account
.
.
.
.
.
.
.
.
$854,433 43
00
54
49
18
71
55
17
79
$854,433 43
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$700,856
114,804
5,630
30.740
1,874
16
496
14
M em bersh ip.
.
.
.
.
4,504
2,978
21
10
17,940
5,126
A ded during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
428
459
1,583
474
P rofits D istributed.
First term, 2 | % ; second term, 2|% .
Proportion of profits retained on voluntary withdrawals, none.
R ates an d A verages o n Loans, October 30, 1909.
356 real estate loans (average, $2,192.27 each; average rate, 5 £ % ): 5 £% , $777,650; 6 % , $2,800.
211 share loans (average, $163.03 each; average rate, 5 £ % ): 5 £% , $34,400.
T ota l E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2,216.62
2 .5 9
Other Expenses.
Total.
$972.60
$3,189.22
1.14
3 .7 3
BANK
No. 8.]
R eceipts an d D isbursem en ts, Year end ing
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
Real estate loans repaid
Share loans repaid
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
.
.
.
Forfeited share account
Suspense account
Advanced payments .
Profit and loss .
.
.
.
Cash on hand Oct. 31, 1908
$199,939
182,850
28,450
53,700
385
43,997
546
1,386
63
3,745
236
5,983
00
00
00
00
37
35
64
57
61
75
13
51
$521,283 93
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Real estate loans
Share loans
.
.
.
.
Notes and bonds
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Suspense account
Advanced payments .
Cash on hand Oct. 30, 1909
$135,204
1,181
890
25,143
249
170
258,710
25,100
31,850
385
346
3,189
344
53
3,547
34,920
00
00
00
24
02
90
00
00
00
37
33
22
02
02
52
29
$521,283 93
D a t e or E x a m in a t i o n , September 30.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
237
COM M ISSIONER,
R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Value
Date of Issue. Series. per Share.
Oct. 1897
36 $199 40
188 48
Apr. 1898
37
38
177 89
Oct. 1898
Apr. 1899
39
167 52
40
157 48
Oct. 1899
41
147 67
Apr. 1900
42
138 10
Oct. 1900
Apr. 1901
43
128 78
44
119 71
Oct. 1901
110 83
Apr. 1902
45
102 15
Oct. 1902
46
93 68
Apr. 1903
47
48
85 44
Oct. 1903
77 41
Apr. 1904
49
50
69 55
Oct. 1904
61 89
51
Apr. 1905
41
52
54
Oct. 1905
53
47 12
Apr. 1906
54
40
01
Oct
1906
33 08
55
Apr 1907
33
26
1907
56
Oct.
19 75
Apr. 1908
57
13 34
58
Oct. 1908
59
7 09
Apr 1909
1 00
60
Oct. 1909
in Force. TotalValue80
75
114
165
131
153
198
304
381
434
404
563
601
507
499
624
836
1,084
713
1,489
1,166
1,500
2,021
2,163
1,735
$15,952
14,136
20,279
27,640
20,629
22,593
27,343
39,149
45,609
48,100
41,268
52,741
51,349
39,246
34,705
38,619
■ 45,486
51,078
28,527
49.256
30,700
29,625
26,960
15,335
1,735
00
00
48
80
88
51
80
12
51
22
60
84
44
87
45
36
76
08
13
12
78
00
14
67
00
$818,070 54
Dues capital
Profits capita]
Unpaid dues
$700,856 00
114,804 54
2,410 00
$816,070 54
238
REPORT
OF T H E
[Pub. Doc
V O L U N T E E R C O -O P E R A TIV E B A N K , BOSTON.
120 TREM ON T STREET.
Incorporated November 16, 1887.
J o h n J. D e l e a , President.
Began business January 1, 1888.
J a m e s B. D o o l e y , Secretary.
J a m e s B. D o o l e y , Treasurer.
Board of Directors: G e o r g e A d a m s , H. G. B u r g e s s , F. A. C h i l d s , J. F. C r o w l e y , J. J. D e l e a ,
J. J. D e v e r e u x , J. H. D i x o n , J. B. D o o l e y , C h a r l e s L o g u e , W . A. L e o n a r d , H. A. M a l e y ,
M . D . M a l e y , D . F. M cC o r m a c k , J. A. M c k e n n a , R . M . M e r r i c k , J. A. R e e d .
Security Committee: F. A. C h i l d s , J. F. C r o w l e y , D. F. M c C o r m a c k , J. A. R e e d .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
Assets.
$834,550 00
39,850 00
Loans on real estate .
Loans on shares
Common form mortgages .
Temporary expense account
Personal accounts
Cash
.
8,000 00
350 19
71 26
27,288 81
$738,271 00
126,662 77
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Withdrawal profits
Forfeited share account
Matured share account
Personal accounts
11,000 00
10,786
1,334
155
232
925
20,693
47
$910,110 26
$910,110 26
M em b ersh ip.
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
49
58
80
98
12
56
96
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
4,903
3,491
95
524
16,788
5,430
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
429
336
1,971
502
Profits D istrib u ted.
First term, 1J% ; second term, \\%\
term, 1 £ % ; fourth term,\\%.
third
Proportion of profits retained on voluntary withdrawals, 2 5 % .
R ates an d A verages o n Loans, October 30, 1909.
394 real estate loans (average, $2,118.15 each; average rate, 5 .1 4 % ): 5 % , $604,700; 5 i % , $218,550;
5 f % , $300; 6 % , $11,000.
189 share loans (average, $210.85 each; average rate, 5 .5 6 % ): 5 % , $14,700; 5 i % , $5,950; 6 % ,
$19,000; 64 % , $200.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$2 623.00
2 .8 8
Other Expenses.
Total.
$1,445.61
$4,068.61
1.59
4 .4 7
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
Withdrawal profits
Forfeited share account
Matured share account
Personal accounts
Profits capital .
Suspense account
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
R e co n cilia tio n of Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series.
$197,489 00
6,600 00
21,250
129,900
27,100
7,058
45,868
1,827
2,514
1,268
83,920
5,555
7
25,115
60
12,816
00
00
00
70
34
22
57
98
75
44
90
90
22
18
$568,353 20
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure
Interest
Temporary expense
Forfeited share account
Matured share account
Personal accounts
Surplus
Fines
Suspense account
Cash on hand Oct. 30, 1909
239
COM M ISSIONER,
$88,324
1,814
77,284
10,069
205
27,843
200,152
24,150
7,058
49
4,073
807
68,593
5,450
68
3
25,115
27,288
00
00
00
91
68
01
50
00
70
73
23
83
69
49
42
30
90
81
$568,353 20
Oct. 1897
Jan. 1898
Apr. 1898
July 1898
Oct. 1898
Jan. 1899
Apr. 1899
July 1899
Oct. 1899
Jan. 1900
Apr. 1900
July 1900
Oct. 1900
Jan. 1901
Apr. 1901
July 1901
Oct. 1901
Jan. 1902
Apr. 1902
July 1902
Oct. 1902
Jan. 1903
Apr. 1903
July 1903
Oct. 1903
Jan. 1904
Apr. 1904
July 1904
Oct. 1904
Jan. 1905
Apr. 1905
July 1905
Oct. 1905
Jan. 1906
Apr. 1906
July 1906
Oct. 1906
Jan. 1907
Apr. 1907
July 1907
Oct. 1907
Jan. 1908
Apr. 1908
July 1908
Oct. 1908
Jan. 1909
Apr. 1909
July 1909
Oct. 1909
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
$195
190
185
179
174
169
164
159
154
149
145
140
135
131
126
122
117
113
109
104
100
96
92
88
84
80
76
72
68
65
61
57
54
50
46
43
39
36
33
29
26
22
19
16
13
10
7
4
1
Dues paid in advance
$17,224
88
73
39,408
207
38
17,402
94
13
19,610
109
91
11,356
65
71
18,321
108
64
23,540
143
62
10,540
66
70
23,534
152
83
16,346
109
97
15,974
110
22
8,994
64
54
10,734
79
88
30,468
232
33
7,479
59
77
5,749
47
33
12,260
104
89
44,957
396
53
25,557
234
22
17,425
166
97
23,186
230
81
21,649
224
65
23,690
54
256
24,688
279
49
19,765
234
47
27,933
347
50
18,920
247
60
17,098
235
76
21,922
318
94
26,060
400
15
21,312
347
42
12,989
225
73
17,843
330
07
23,362
463
46
19,975
426
89
16,129
372
36
20,333
510
87
20,535
564
41
10,791
327
00
11,818
399
62
9,592
365
28
22,336
972
98
14,592
740
72
8,646
524
50
12,973
974
32
10,536
18 1,035
7,993
08 1,129
3,489
868
02
816 T .
816
00
24
66
22
19
15
12
66
20
16
73
20
56
52
56
43
51
56
88
48
02
30
60
24
71
98
50
20
60
92
00
74
25
10
98
14
92
70
24
00
38
20
56
80
00
68
30
32
36
00
2,782 00
$870,651 77
Dues capital
Profits capital
Unpaid dues
.
$738,271 00
126,662 77
5,718 00
$870,651 77
D a t e o f E x a m in a t i o n , March 25, 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
240
REPORT
OF
THE
[Pub. Doc.
W A K E F IE L D C O -O P E R A T IV E B A N K , W A K E F IE L D .
TOWN H ALL, M A IN STREET.
Incorporated January 31, 1887.
R ic h a r d S. S t o u t , President.
Began business March 5, 1887.
C h a r l e s E. W a l t o n , Secretary.
C h a r l e s E. W a l t o n , Treasurer.
Board of Directors: E. E. B o i t , C. E. B r o w n , C o r n e l iu s D o n o v a n , H a r r y F o s t e r , J. A. H i c k e y ,
J o h n H i c k e y , C. H. H o w e , C. F. M a n s f i e l d , J. F. P a r k e r , W . A. P r e s c o t t , R. S. S t o u t ,
W . G. S t r o n g , W . W . T a f t , W . H. T a y , A. H. T h a y e r , C. E. W a l t o n , O l i v e r W a l t o n ,
W . B . W il e y .
Security Committee: J. A. H i c k e y , W . A. P r e s c o t t , W . G. S t r o n g , R . S. S t o u t , O l iv e r W
alton ,
W . B . W il e y .
Regular meetings for receipt of moneys the first Saturday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Liabilities.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Permanent expense account
Mortgage balance
Cash
.
.
.
.
$415,350
18,050
650
1,634
143
48
425
9,575
00
00
89
81
30
96
40
00
44
.
Dues capital
Profits capital .
Guaranty fund .
Surplus
Mortgage balance
$445,878 80
$369,208
65,362
1,600
9,515
193
00
17
00
35
28
$445,878 80
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct 30, 1909
Pledged Oct. 30, 1909
.
.
1,643
1,125
26
67
93
7,426
2,969
.
.
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
156
109
1,010
422
Profits D istributed.
First term, 2 £ % ; second term, 2J% .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates an d Averages on Loans, O ctober 30, 1909.
354 real estate loans (average, $1,173.30 each; average rate, 5 % ) : 5 % , $414,250; 6 % , $1,100.
119 share loans (average, $151.68 each; average rate, 5 % ) : 5 % , $18,050.
T otal Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$1,000.00
2 .2 4
Other Expenses.
$328.59
.74
Total.
$1,328.59
2.9 8
B A N K CO M M ISSION ER.
No. 8.]
R eceipts an d D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
foreclosure .
_.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Insurance and taxes .
Cash on hand Oct. 31, 1908
$89,910 00
1,600 00
4,050
56,950
11,700
1,924
21,615
4
514
2
1,440
11
1,747
17,976
00
00
00
78
97
35
16
50
13
70
96
88
$209,448 43
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Surplus
.
.
.
.
Taxes
.
.
.
.
Insurance
Cash on hand Oct. 30, 1909
.
.
$44,627
630
9,956
13,950
5,763
47
3,318
4,671
104,250
7,200
1,424
612
1,328
500
9
1,584
9,575
00
00
00
00
88
06
10
06
00
00
78
86
59
00
50
16
44
$209,448 43
D a t e o f E x a m in a t i o n , September 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
241
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share. inForree.TotaIVaIue22 $203 70
45
$9,166 50
May 1897
192 80
18,701 60
23
97
Nov. 1897
24
182 12
115
20,943 80
May 1898
128
21,987 84
Nov. 1898
25
171 78
16,984 80
26
105
161 76
May 1899
162
152 06
24,633 72
27
Nov. 1899
28
142 60
173
24,669 80
May 1900
150
20,013 00
29
133 42
Nov. 1900
30
124 44
16,923 84
136
May 1901
31
115 69
149
17,237 81
Nov. 1901
172
18,429 80
32
107 15
May 1902
33
98 82
135
13,340 70
Nov. 1902
34
90 69
269
24,395 61
May 1903
82 74
254
21,015 96
35
Nov. 1903
36
74 97
255
19,117 35
May 1904
17,718 31
37
67 37
263
Nov. 1904
222
13,306 68
38
59 94
May 1905
39
52 67
431
22,700 77
Nov. 1905
438
40
19,955 28
45 56
May 1906
41
38 61
476
18,378 36
Nov. 1906
42
711
22,616 91
31 81
May 1907
43
11,598 76
25 16
461
Nov. 1907
44
561
10,468 26
18 66
May 1908
12 30
7,392 30
45
601
Nov. 1908
46
08
917
5,575 36
6
May 1909
Suspense dues
Suspense profits
Dues paid in advance
133 00
455 05
219 00
$438,080 17
Dues capital
Profits capital
Unpaid dues
$369,208 00
65,362 17
3,510 00
$438,080 17
242
REPORT
OF
THE
[Pub. Doc.
W A L T H A M C O -O P E R A TIV E B A N K , W A L T H A M .
637 M A IN STREET.
Incorporated October 13, 1880.
E d w a r b P . S m it h , President.
Began business October 20, 1880.
G e o r g e H . F a r n u m , Acting Treasurer.
G e o r g e H . F a r n u m , Acting Secretary.
Board of Directors: G. S. A l d e n , A . S. B a t c h e l d e r , F. H. B e n t , M. T . C o n n e l l y , J. F. C o o l id g e ,
C. W . D u r g in , J o h n E d m u n d s , W . N. F u l l e r , C. E. G e t c h e l l , H. M. G r a g g , F. P. H a v e n s ,
F. C. H o d g d e n , E. W . M o s h e r , A . H . P a u l , W . E. P e t e r s o n , W . H . R a n k i n , E. P . S m it h ,
G . A. T i e l .
Security Committee: M. T . C o n n e l l y , C. E . G e t c h e l l , E . P . S m it h .
Regular meetings for receipt of moneys the third Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Real estate by foreclosure,
Unpaid interest
Unpaid fines
Taxes paid
Cash
L iabilities.
$902,400
20,500
100
1,777
50
95
24,345
00
00
00
04
00
99
96
Dues capital
Profits capital .
Guaranty fund .
Surplus
$797,084
129,283
4,500
18,401
$949,268 99
$949,268 99
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
34
00
65
M em bersh ip.
.
.
.
.
3,001
2,350
201
15,538
5,506
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
345
285
2,156
559
Profits D istributed.
First term, 1 % ; second term, l i % ; *
term. 1 % ; fourth term, 1 % .
third
Proportion of profits retained on voluntary withdrawals, none.
Rates an d Averages on Loans, October 30, 1909.
469 real estate loans (average, $1,924.09 each; average rate, 5 .0 2 % ) : 5 % , $887,000; 6 % , $15,400.
90 share loans (average, $227.77 each; average rate, 5 .0 3 % ) : 5 % , $19,850; 6 % , $650.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$3,215.00
3.3 9
* Covering a period of 4 months.
Other Expenses.
Total.
$2,072.07
$5,287.07
2 .1 8
5 .5 7
BANK
No. 8.]
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$186,701 00
6,900
110,600
8,650
45,117
1,185
4
240
23,676
00
00
00
91
65
00
82
44
$383,075 82
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
Interest .
.
.
.
Temporary expense .
Taxes paid
Cash on hand Oct. 30, 1909
243
COM M ISSIONER,
$93,317
30,725
12,573
9,582
195,050
11,950
148
5,287
95
24,345
00
00
79
38
00
00
63
07
99
96
$383,075 82
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series. pe^
Apr.
July
Oct.
Jan.
Apr.
July
Oct
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
May
Aug.
1897
1897
1897
1898
1898
1898
1898
1899
1899
1899
1899
1900
1900
1900
1900
1901
1901
1901
1901
1902
1902
1902
1902
1903
1903
1903
1903
1904
1904
1904
1904
1905
1905
1905
1905
1906
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
$198
193
188
183
178
173
168
163
159
154
149
145
140
136
132
127
123
119
115
111
107
103
99
95
91
87
83
79
75
71
68
64
60
57
53
50
46
43
39
36
32
29
26
22
19
16
13
10
6
3
Dues paid in advance
r,
50
34
21
22
29
39
55
80
13
49
91
39
91
50
15
86
63
42
26
15
09
05
04
03
07
16
27
44
64
87
15
46
79
18
60
05
52
06
62
21
83
49
19
90
67
47
31
18
07
02
^ c e . Total Value‘
66
72
120
83
144
97
103
149
212
162
195
148
160
113
107
181
188
176
188
207
187
192
191
235
241
243
227
238
372
269
190
350
396
322
356
359
403
452
604
490
709
456
463
468
459
377
729
983
880
826
$13,101
13,920
22,585
15,207
25,673
16,818
17,360
24,406
33,735
25,027
29,232
21,517
22,545
15,424
14,140
23,142
23,242
21,017
21,668
23,008
20,025
19,785
18,916
22,332
21,947
21,179
18,902
18,906
28,138
19,333
12,948
22,561
24,072
18,411
19,081
17,967
18,747
19,463
23,930
17,742
23,276
13,447
12,125
10,717
9,028
6,209
9,702
10,006
5,341
2,494
00
48
20
26
76
83
65
20
56
38
45
72
60
50
05
66
44
92
88
05
83
60
64
05
87
88
29
72
08
03
50
00
84
96
60
95
56
12
48
90
47
44
97
20
53
19
99
94
60
52
967 00
$930,490 34
Dues capital
Profits capital
Unpaid dues
$797,084 00
129,283 34
4,123 00
$930,490 34
D a t e o f E x a m in a t i o n , September 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
244
REPORT
OF
THE
[Pub. Doc.
W A T E R T O W N C O -O P E R A TIV E B A N K , W A T E R T O W N .
56 M A IN STREET.
Incorporated June 23, 1888.
B a r t l e t t M. S h a w , President.
Began business June 28, 1888.
.
S a m u e l S. G l e a s o n , Secretary
S a m u e l S. G l e a s o n , Treasurer.
Board of Directors: C h a r l e s B r ig h a m , F. E. C r it c h e t t , T. P. E m e r s o n , J. D. E v a n s , S. S.
G l e a s o n , A n d r e w H a w e s , W . H. L u c a s , H. E . M a y o , L e w i s M c L a u t h l i n , A r t h u r O ’N e i l ,
H . W . O t i s , B . M. S h a w , C h e s t e r S p r a g u e , F. D. T a r l t o n .
Security Committee: F . E . Cr it c h e t t , S. S. G l e a s o n , H . W . O t i s .
Regular meetings for receipt of moneys the fourth Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Office furniture .
.
.
.
.
Cash
.
$419,870
15,260
1,799
23
292
1,047
250
18,140
00
00
14
10
24
11
00
86
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Premiums
.
Fines
.
.
Transfer fees
.
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$456,682 45
M em bersh ip.
.
.
.
.
.
.
.
.
.
.
00
77
74
92
68
30
84
75
45
$456,682 45
Shares.
Issued during year
.
Withdrawn during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$373,362
57,893
3,798
9,710
11,152
133
357
1
271
.
.
.
.
.
.
.
.
1,907
888
254
174
8,288
2,638
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
163
100
874
249
Profits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; after
5 years, none.
R ates and Averages on Loans, October 30, 1909.
212 real estate loans (average, $1,980.52 each; average rate, 6 .0 7 % ) : 6 % , $327,170; 6 .3 0 % , $92,700
61 share loans (average, $250.16 each; average rate, 6 .0 3 % ) : 6 % , $14,040; 6 .3 0 % , $1,120;
6 .6 0 % , $100.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
Salaries.
$1,923.66
4.2 1
Other Expenses.
Total.
$1,243.63
$3,167.29
2 .7 2
6.9 3
BANK
No. 8.]
CO M M ISSION ER
R eceipts an d D isbursem ents, Y ear ending
O ctober 30, 1909.
R e c e ip t s .
$99,793 00
Dues capital
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Temporary expense .
Cash on hand Oct. 31, 1908
8,900
73,145
5,675
25,898
347
895
4
416
320
14,395
00
00
00
03
25
29
75
37
87
64
$229,791 20
D isb u r s e m e n t s.
«21,891
22,373
25,056
1,666
5,382
10,098
112,200
9,715
3,167
Dues capital withdrawn
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Temporary expense .
Office furniture .
Cash on hand Oct. 30, 1909
00
00
00
43
66
96
00
00
29
100 00
245
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Shares
Date of Issue. Series. per Share. in Force. Total Value.
$10,954 16
20 8195 61
56
Deo. 1897
21
184 47
June 1898
71
13,097 37
22
173 73
70
12,161 10
Dec. 1898
20,412 50
23
163 30
125
June 1899
24
153 17
60
9,190 20
Dec. 1S99
9,602 44
25
143 32
67
June 1900
10,032 00
Dec. 1900
26
133 76
75
124 50
130
June 1901
27
16,185 00
28
115 43
298
34,398 14
Dec. 1901
19,941 68
June 1902
29
106 64
187
252
24,711 12
30
98 06
Dec. 1902
June 1903
31
89 73
271
24,316 83
32
81 63
337
27,509 31
Dec. 1903
292
June 1904
33
21,535 00
73 75
374
24,706 44
34
66 06
Dec 1904
404
23,662 28
35
58 57
June 1905
36
678
34,761 06
51 27
Dec. 1905
17,563 74
44 13
398
June 1906
37
643
23,906 74
38
37 18
Dec. 1906
14,799 93
June 1907
39
30 39
487
40
594
14,125 32
23 78
Dec. 1907
11,832 70
682
June 1908
41
17 35
9,082 71
42
11 09
819
Dec. 1908
4,590 00
43
918
June 1909
5 00
Dues paid in advance
18,140 86
826 00
$433,903 77
$229,791 20
Dues capital
Profits capital
Unpaid dues
$373,362 00
57,893 77
2,648 00
$433,903 77
D a t e o p E x a m in a t i o n , June 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
246
REPORT
W AVEELEY
OF TH E
[Pub. Doc.
C O -O P E R A T IV E B A N K , BE LM O N T.
22 CHURCH STREET, W AV E R L E Y.
Incorporated April 4, 1896.
T h o m a s W . D a v i s , President.
Began business April 13, 1896.
I r v i n g F . M u n r o e , Secretary.
U l y s s e s S. Y o u n g , Treasurer.
Board of Directors: W . F. B e e t l e , J. P. B r a d b u r y , L. B. C l a r k , T. L. Cr e e l y , T. W . D a v i s ,
G. C. F l e t t , I. B. F r o s t , G. O. G u s t i n , C. O. H i l l , G. F. K e n d a l l , J. H. K e n d a l l , I . F.
M u n r o e , H. H. R u s s e l l , H. P. R u s s e l l , C. H. S l a d e , U. S. Y o u n g .
Security Committee: W . F. B e e t l e , T. L. C r e e l y , H. H. R u s s e l l .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
A ssets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid fines
Temporary expense account
Insurance and taxes paid. .
Cash
.
.
.
.
$265,350
20,930
2,200
5,337
637
62
152
22
1,830
00
00
00
42
27
98
03
50
79
$240,242
46,098
2,580
6,017
1,409
21
00
03
82
27
23
75
75
153 14
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
$296,522 99
$296,522 99
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
.
1,758
1,058
11
35
v 62
5,930
1,915
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
169
105
634
163
Profits D istributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates and Averages on Loans, October 30, 1909.
110 real estate loans (average, $2,412.27 each; average rate, 6 % ) : 6 % , $265,350.
60 share loans (average, $348.83 each; average rate, 6 % ): 6 % , $20,930.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,066.92
3 .6 0
Other Expenses.
Total.
$534.40
$1,601.32
1.80
5 .4 0
BANK
No. 8.]
COM M ISSIONER,
247
R eceipts an d D isbursem ents, Year en d in g i R e co n cilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited share account
Surplus
.
.
.
.
Cash on hand Oct. 31, 1908
$67,760 00
1,700
56,950
9,335
3,585
17,549
494
3
1,014
94
00
00
00
44
25
65
50
51
49
45
996 57
$159,483 86
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Forfeited share account
Surplus
.
.
.
.
Insurance
.
. .
Cash on hand Oct. 30, 1909
$31,978
88
5,035
8,945
4,066
8
1,921
3,732
87,000
10,365
2,194
166
1,601
94
450
7
1,830
00
00
00
00
01
58
15
23
00
00
45
25
32
49
09
50
79
$159,483 86
D a t e o f E x a m in a t i o n , November 30.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Value
Date of Issue, iSeries. per
Share. in Force.Total Value.
$11,610 00
Apr. 1898
5 $193 50
60
182 29
6
59
10,755 11
Oct. 1898
Apr. 1899
171 36
148
25,361 28
7
8
160 75
45
7,233 75
Oct. 1899
150 48
113
17,004 24
Apr. 1900
9
10
140 49
93
13,065 57
Oct. 1900
132
11
Apr. 1901
130 77
17,261 64
12
121 36
103
12,500 08
Oct. 1901
112 22
Apr 1902
13
95
10,660 90
14
32
94
103
9,712 08
Oct. 1902
15
94 65
150
Apr. 1903
14,197 50
164
16
86 22
14,140 08
Oct. 1903
17
78 01
117
9,127 17
Apr. 1904
18
8,332 38
70 02
119
Oct. 1904
19
62 25
260
Apr. 1905
16,185 00
20
54 68
220
12,029 60
Oct. 1905
21
Apr. 1906
47 32
358
16,940 56
22
40 15
329
13,209 35
Oct. 1906
23
33 18
454
15,063 72
Apr. 1907
24
300
26 39
7,917 00
Oct. 1907
584
Apr. 1908
25
19 78
11,551 52
6,942 00
26
13 35
520
Oct. 1908
Apr. 1909
27
850
6,026 50
7 09
28
1 00
563
563 00
Oct. 1909
Dues paid in advance
177 00
$287,567 03
Dues capital
Profits capital
Unpaid dues
.
$240,242 00
46,098 03
1,227 00
$287,567 03
REPORT
248
OF
THE
[Pub. Doc.
W E B S T E R C O -O P E R A TIV E B A N K , W E B S T E R .
98 M A IN STREET.
Incorporated August 2, 1889.
Began business August 8, 1889.
C. M. N a s h , Secretary.
J a m e s C o c k s , President.
C. M. N a s h , Treasurer.
Board of Directors: J a m e s B r e n n a n , W . H. C a s s i d y , H. J. C l a r k e , J. W . D o b b ie , A u g u s t K e s s o ,
C. W . K o s m a l e r , J. J. L e l a n d , J. P . L o v e , H. B . M o n t a g u e , L . E . P a t t i s o n , A . J. R i e n d e a u ,
I k e S h e a , I . H. S t e r n b e r g , C. H. W h a r t o n .
Security Committee: C. M. C l a r k , J a m e s C o c k s , L. E. P a t t i s o n .
Regular meetings for receipt of moneys the second Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Unpaid interest
Unpaid premiums
Unpaid fines
Temporary expense account
Cash
.
.
.
.
.
$201,825
7,355
200
1,000
978
49
44
186
6,139
00
00
00
00
26
65
04
31
92
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Withdrawal profits
.
$217,778 18
M em bersh ip.
.
.
.
.
.
.
.
.
.
00
62
00
56
79
38
84
99
$217,778 18
Shares.
Issued during year
.
Withdrawn during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$169,374
31,687
4,516
8,609
3,324
160
44
60
.
.
.
.
.
.
767
491
48
3,425
1,102
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
89
91
446
144
P rofits D istributed.
First term, 2 ì % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 2 5% for first 5 years; after 5 years, none.
R ates and Averages o n Loans, O ctober 30, 1909.
129 real estate loans (average, $1,564.53 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $201,825.
37 share loans (average, $198.78 each; average rate, 6 .2 7 % ) : 6 % , $775; 6 .3 0 % , $6,580.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$645.82
2.9 7
Other Expenses.
$139.65
.64
Total.
$785.47
3.61
BANK
No. 8.]
COM M ISSIONER,
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
. . .
Premiums
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$39,474
31,480
7,500
11,916
574
138
451
11,446
00
00
00
05
82
81
82
67
$102,982 17
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital retired .
Profits capital withdrawn .
Profits capital retired
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
$20,472
6,854
2,955
2,351
54,727
8,545
152
785
6,139
00
00
64
04
00
00
10
47
92
$102,982 17
249
R e co n cilia tio n o f Share A ccou n t w ith Dues
and P rofits Capital.
Value
Date of Issue. Series. per Share. inForece.Total Value‘
18 $190 64
69
Feb 1898
$13,154 16
19
179 86
75
Aug. 1898
13,489 50
20
169 43
95
Feb. 1899
16,095 85
21
159 27
30
4,778 10
Aug. 1899
22
149 44
106
Feb. 1900
15,840 64
23
139 70
53
7,404 10
Aug. 1900
24
130 40
41
5,346 40
Feb 1901
121 28
25
31
Aug. 1901
3,759 68
112 48
26
124
Feb. 1902
13,947 52
27
103 88
94
9,764 72
Aug. 1902
28
95 45
112
Feb. 1903
10,690 40
102
29
87 22
Aug. 1903
8,896 44
30
124
79 22
9,823 28
Feb. 1904
31
71 39
158
Aug. 1904
11,279 62
32
63 80
150
9,570 00
Feb. 1905
56 34
33
98
5,521 32
Aug. 1905
34
49 10
174
Feb. 1906
8,543 40
42 00
35
133
5,586 00
Aug. 1906
36
35 11
290
10,181 90
Feb. 1907
28 36
37
183
5,189 88
Aug. 1907
21 79
38
203
4,423 37
Feb. 1908
39
15 37
282
4,334 34
Aug. 1908
40
9 10
360
3,276 00
Feb. 1909
41
3 00
338
1,014 00
Aug. 1909
Dues paid in advance
220 00
$202,130 62
Dues capital
Profits capital
Unpaid dues
Suspense dues
$169,374
31,687
1,064
5
00
62
00
00
$202,130 62
D a t e o f E x a m in a t i o n , September 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
250
[Pub. Doc.
OF TH E
W E IR C O -O P E R A TIV E B A N K , T A U N T O N .
10 WEST W A T E R STREET.
Incorporated July 11, 1884.
J o h n G. W i l l i a m s , President.
Began business July 16, 1884.
A l b e r t H. T e t l o w , Secretary.
T. P r e s t o n B u r t , Treasurer.
Board of Directors: J. L. A n t h o n y , J. A. C r a n e , J. H. C r o n a n , J. H. D a l g l i s h , J. O. D e a n , J.
M. F i t z g e r a l d , J. A. M cD o n a l d , E. P . P a d e l f o r d , C. S. P a r k e r , J. W . P a r k e r , C. V.
S a n d e r s , A. C. S t a p l e s , J. H. S t o d d a r d , E. A. T e t l o w , O. G. T h o m a s .
Security Committee: J. H. D a l g l i s h , J. O. D e a n , J. H. S t o d d a r d .
Regular meetings for receipt of moneys the sixteenth of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
L iabilities.
A ssets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Unpaid interest
. .
Unpaid fines
Temporary expense account
Insurance and taxes paid .
Cash
.
.
.
.
.
$316,300
5,950
3,423
1,065
126
301
26
2,043
00
00
96
22
86
71
30
70
.
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Matured share account
Suspense .
$260,623
47,076
2,655
8,610
5,560
97
00
05
00
10
27
34
1 00
4,604 14
10 85
$329,237 75
$329,237 75
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
913
647
18
91
5,047
1,819
.
.
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
101
82
653
239
P rofits D istributed.
First term, 2 J % ; second term, 2£% .
Proportion of profits retained on voluntary withdrawals, none.
Rates and Averages on Loans, October 30, 1909.
223 real estate loans (average, $1,418.38 each; average rate, 5 .3 0 % ) ; 5 .3 0 % , $316,300.
16 share loans (average, $371.87 each; average rate, 5 .3 0 % ) ; 5 .3 0 % , $5,950.
T ota l Expenses fo r Year.
Salaries. Other Expenses.
A m o u n t p a id fo r
.
C ost p e r $1,000 o f assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
•
.
•
.
•
.
*
.
•
•
$ 8 0 5 .0 0
2 .4 5
$ 1 2 6 .2 8
.3 8
Total.
$ 9 3 1 .2 8
2 .8 3
BANK
No. 8.]
CO M M ISSION ER
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
Transfer fees
Matured share account
Suspense account
Cash on hand Oct. 31, 1908
3,600 00
800
47,200
2,300
5,747
16,915
406
2
4,604
10
1,690
00
00
00
30
46
65
50
14
85
58
D is b u r s e m e n t s .
$30,181
144
13,286
5,243
36
4,947
79,300
1,800
4,423
185
931
13
2,043
00
00
00
92
18
53
00
00
89
04
28
94
70
$142,536 48
D a t e o f E x a m in a t i o n , October 1, 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Value
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
Jan.
July
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
Ä
*“ *
$59,259 00
$142,536 48
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Suspense account
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
251
$191
180
169
159
149
140
131
122
113
104
96
88
80
72
64
57
49
42
36
29
22
16
10
4
Dues paid in advance
09
35
92
74
90
36
08
04
22
61
21
02
03
23
62
20
96
90
01
29
73
33
09
00
L
Total Value.
v
41
91
91
188
78
74
94
291
89
96
78
480
104
121
219
134
252
217
163
481
252
507
249
657
$7,834
16,411
15,462
30,031
11,692
10,386
12,321
35,513
10,076
10,042
7,504
42,249
8,323
8,739
14,151
7,664
12,589
9,309
5,869
14,088
5,727
8,279
2,512
2,628
—
69
85
72
12
20
64
52
64
58
56
38
60
12
83
78
80
92
30
63
49
96
31
41
00
116 00
—
$309,528 05
Dues capital
Profits capital
Unpaid dues
.
$260,623 00
47,076 On
1,829 00
$309,528 0b
REPORT
252
OF T H E
[Pub. Doc.
W E S T F IE L D C O -O P E R A T IV E B A N K , W E S T F IE L D .
POST OFFICE BLOCK, ELM STREET.
Incorporated December 13, 1881.
A u g u s t u s W . H o l t o n , President.
Began business December 19, 1881.
J a m e s H. C l a r k , Secretary.
J a m e s H. C l a r k , Treasurer.
Board of Directors: N . S. B a r n e s , H . L. B r a d l e y , S. B . C a m p b e l l , J. H . C l a r k , G. H . C u s h in g ,
J. R . G l a d w i n , R o b e r t G o w d y , A . W . H o l t o n , H . W . K i t t r e d g e , T h o m a s L i t t l e , H . P .
M o s e l e y , H . B. M o u l t o n , A. G. N o r t o n , O. B. P a r k s , C. K. P r in c e , G. E. S h e p a r d , J r .
Security Committee: S. B. C a m p b e l l , A. W . H o l t o n , T h o m a s L it t l e .
Regular meetings for receipt of moneys the third Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909
L iabilities.
Assets.
Loans on real estate .
Loans on shares
Unpaid interest
Temporary expense account
Insurance and taxes paid
Cash
.
.
.
.
.
$307,785
24,165
2,931
378
40
15,557
00
25
44
20
00
73
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
.
Fines
.
.
Withdrawal profits
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
03
55
73
77
46
08
$350,857 62
$350,857 62
M em bersh ip.
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$293,864
41,832
2,693
5,601
6,620
202
43
.
.
.
.
2,144
1,562
13
32
7,385
2,259
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
244
178
860
293
Profits D istributed.
First term, 2 f % ; second term, 2|% .
Proportion of profits retained on voluntary withdrawals, 2 5% of last dividend.
Rates an d Averages o n Loans, O ctober 30, 1909.
232 real estate loans (average, 11,326.66 each; average rate, 6 % ) : 6 % , $307,785.
110 share loans (average, $219.68 each; average rate, 6 % ): 6 % , $24,165.25.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,325.00
3 .7 8
Other Expenses.
$385.92
1.10
Total.
$1,710.92
4.88
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
586,831 00
2,500
93,650
21,410
2,298
19,775
641
179
1,523
6,258
680
8,712
Withdrawal profits
Forfeited share account
Retired share account
Insurance and taxes .
Cash on hand Oct. 31, 1908
00
00
00
27
50
07
35
73
64
59
90
$244,461 05
D isb t ih se m e n t s
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense .
Forfeited share account
Retired share account
Insurance and taxes .
Cash on hand Oct. 30, 1909
$55,054
871
4,554
9,740
652
1,606
116,366
27,913
2,298
100
1,710
1,523
6,258
252
15,557
00
00
00
16
73
72
75
25
27
42
92
73
64
73
73
$244,461 05
D a t e o p E x a m in a t i o n , June 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
foreclosure
.
.
.
.
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
.
253
COM M ISSIONER,
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
[D e c.
June
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
Value
$193
182
172
162
152
142
133
124
115
106
97
89
81
73
65
58
51
44
37
30
23
17
11
5
Dues paid in advance
37
68
Total Value.
49
59
70
38
29
16
68
30
61
71
113
28
92
12
121
16
72
42
231
90
136
59
225
49
225
60
400
91
42
137
12
549
493
01
736
08
417
33
518
75
34
655
09 1,122
798
00
$9 475
10,778
12,060
6,162
10,356
8,705
15,060
11,419
13,934
7,662
22,614
12,184
18,335
16,560
26,364
8,003
28,064
21,696
27,290
12,647
12,302
11,357
12,442
3,990
13
12
30
08
40
31
64
04
36
24
90
24
25
00
00
54
88
93
88
61
50
70
98
00
599 00
$340,068 03
Dues capital
Profits capital
Unpaid dues
.
$293,864 00
41,832 03
4,372 00
$340,068 03
254
REPORT
OF TH E
[Pub. Doc,
W E S T N E W T O N C O -O P E R A T IV E B A N K , W E S T N E W T O N .
1351 W ASHINGTON STREET.
Incorporated June 14, 1892.
Began business June 22, 1892.
C h a r l e s E. H a t f i e l d , President. J o s e p h A. S y m o n d s , Secretary. J o s e p h A. S y m o n d s , Treasurer.
Board of Directors: A. L . B a r b o u r , H . L . B u r b a g e , F . L . C o o k , R . S. H a r r is o n , C. E . H a t f i e l d ,
J. N . L o v e l l , F . M. L o w e , M. F . L u c a s , F r a n c is N e w h a l l , E l l e r y P e a b o d y , J. A. S y m o n d s ,
S. B . T h o m a s , H . L . W h i t t l e s e y , E . F . W o o d s .
Security Committee: F . M. L o w e , M. F. L u c a s , F r a n c is N e w h a l l .
Regular meetings for receipt of moneys the fourth Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Temporary expense account
Insurance and taxes paid .
Cash
.
.
.
.
.
$151,780
4,005
163
13
8,270
00
00
72
35
94
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Premiums
Fines
Withdrawal profits
Forfeited share account
$133,079
21,350
1,650
6,967
907
4
48
26
198
$164,233 01
00
83
00
11
82
25
44
60
96
$164,233 01
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
1,141
686
13
31
3,421
1,025
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
88
64
378
104
Profits D istributed.
First term, 1 1 % ; second term, 1 1 % ; third
term, 1 1 % ; fourth term, 11% .
Proportion of profits retained on voluntary withdrawals, 25% on series less than 2 years old; 10%
on series over 2 years old.
R ates and Averages on Loans, O ctober 30, 1909.
85 real estate loans (average, $1,785.64 each; average rate, 5 .3 6 % ) : 5 .3 0 % , $142,650; 6 .3 0 % ,
$9,130.
30 share loans (average, $133.50 each; average rate, 5 .3 0 % ) : 5 .3 0 % , $4,005.
T otal Expenses fo r Year.
Salaries. Other Expenses.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
$506.71
3.0 8
$339.52
2 .0 7
Total.
$846.23
5.1 5
BANK
No. 8.]
o
00
CC
00
GO
R e c e ip t s .
m
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
00
1,000 00
2,000
12,800
1,630
1,012
8,264
33
300
00
Dues capital
.
.
Real estate loans eliminated by
foreclosure
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Insurance and taxes .
Cash on hand Oct. 31, 1908
l
48
6,216
26
3,829
00
00
00
00
59
15
69
75
02
04
00
50
60
84
$76,219 18
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure
Interest
Temporary expense .
Matured share account
Insurance and taxes .
Cash on hand Oct. 30, 1909
255
COM M ISSIONER,
$16,508
48
4,526
1,996
4
1,690
32,575
2,255
1,012
25
846
6,216
244
8,270
00
00
00
08
08
50
00
00
00
90
23
50
95
94
iR e c o n c ilia tio n o f Share A ccou n t w ith Dues
an d P rofits Capital.
Dateof Issue. Series.
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1905
1906
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
in Fo'rce.TotaI Value'
$194
183
173
162
152
143
133
124
115
106
98
90
82
74
66
58
55
51
47
44
40
37
34
30
27
23
20
17
14
11
8
5
2
Dues paid in advance
59
70
06
81
85
18
79
63
69
97
46
15
04
14
43
90
21
57
97
41
90
43
01
63
29
99
73
51
33
19
09
03
00
27
15
4
61
55
46
91
30
72
40
60
33
99
186
84
67
84
82
42
133
115
168
105
75
38
103
150
218
136
253
276
211
262
$5,253
2,755
692
9,931
8,406
6,586
12,174
3,738
8,329
4,278
5,907
2,974
8,121
13,790
5,580
3,946
4,637
4,228
2,014
5,906
4,703
6,288
3,571
2,297
1,037
2,470
3,109
3,817
1,948
2,831
2,232
1,061
524
93
50
24
41
75
28
89
90
68
80
60
95
96
04
12
30
64
74
74
53
50
24
05
25
02
97
50
18
88
07
84
33
00
286 00
$155,435 83
$76,219 18
Dues capital
Profits capital
Unpaid dues
.
$133,079 00
21,350 S3
1,006 00
$155,435 83
D a t e o p E x a m in a t i o n , April 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT
256
OF
[Pub. Doc.
THE
W E S T R O X B U E Y C O -O P E R A TIV E B A N K , BOSTON.
27 K IL B Y STREET.
Incorporated February 1, 1881.
Began business March 3, 1881.
S t e p h e n F. W o o d m a n , President. B e n j a m in H. J o n e s , Secretary. B e n j a m in H. J o n e s , Treasurer.
Board of Directors: R. S. B a r r o w s , L. J. B r a c k e t t , E. M. B r e w e r , E. L. C a l d w e l l , E. W . C l a r k .
C. F. D o l e , H . S. H a r r is , B . H . J o n e s , J. E. J o n e s , W . M . K in g m a n , R. G. M o r r is , W . A.
M o s m a n , B . L. P a g e , L. K . S t o r r s , S. F. W o o d m a n .
Security Committee: R. S. B a r r o w s , E. M . B r e w e r , H . S. H a r r is .
Regular meetings for receipt of moneys the first Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate $590,850 00
Less amount due
. 11,600 00
Loans on shares
Real estate by foreclosure, etc.
Unpaid dues
.
.
.
.
Unpaid interest
Unpaid fines
.
.
.
.
Cash
.
.
.
.
.
$579,250
72,350
3,402
2,553
888
144
31,189
00
00
97
00
43
14
45
Dues capital
Profits capital
Guaranty fund
Surplus
Advanced dues
$569,598 00
103,298 86
6,000 00
10,066 13
815 00
$689,777 99
$689,777 99
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
M em bersh ip.
.
.
.
2,541
1,228
337
11,595
4,508
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
142
169
1,167
389
P rofits D istributed.
First term, 2 i % ; second term, 2 \%.
Proportion of profits retained on voluntary withdrawals, 25 % .
Rates an d Averages o n Loans, October 30, 1909.
233 real estate loans (average, $2,486.05 each; average rate, 5 % ) : 5 % , $579,250.
156 share loans (average, $463.78 each; average rate, 5 % ) : 5 % , $72,350.
T otal Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$3,543.00
5 .1 6
Other Expenses.
Total.
$957.51
$4,500.51
1.39
6.55
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
$141,549 00
20,250
66,400
30,450
10,800
316
33,834
1,133
4
999
815
7,115
00
00
00
00
85
54
11
50
31
00
20
$313,667 51
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Permanent expense .
Advanced dues .
.
.
.
Cash on hand Oct. 30, 1909
R econ cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
.
Fines
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Advanced dues. .
.
.
.
Cash on hand Oct. 31, 1908
257
CO M M ISSION ER
$38,068
50,550
3,984
16,896
130,100
35,950
264
1,326
4,500
837
31,189
00
00
85
97
00
00
46
27
51
00
45
$313,667 51
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
Value
per Share.
$194 00
183 56
173 41
163 46
153 77
144 30
135 00
125 95
117 05
108 39
99 90
91 62
83 53
75 64
67 92
60 35
52 98
45 78
38 74
31 89
25 21
18 68
12 30
6 08
Shares
in Force. Total Value.
184
$35,696 00
177
32,490 12
260
45,086 60
191
31,220 86
271
41,671 67
203
29,292 90
261
35,235 00
164
20,655 80
243
28,443 15
22,328 34
206
25,574 40
256
272
24,920 64
286
23,889 58
30,634 20
405
392
26,624 64
462
27,881 70
546
28,927 08
846
38,729 88
30,062 24
776
882
28,126 98
806
20,319 26
21,762 20
1,165
14,108 10
1,147
1,194
7,259 52
1,956 00
Dues paid ini advance
$672,896 86
Dues capital
Profits capital
.
.
.
.
.
.
.
.
$569,598 00
103,298 86
$672,896 86
D a t e o p E x a m in a t i o n , August 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
258
REPORT
OF T H E
[Pub. Doc.
W E S T SO M E R V IL LE CO -O P E R A TIV E B A N K , W E S T
S O M E R V IL L E .
3 STUDIO BUILDING, ELM STREET.
Incorporated November 29, 1890.
J. W
arren
Began business December 11, 1890.
O l iv e r H. P e r r y , Secretary.
B a i l e y , President.
O l i v e r H. P e r r y , Treasurer.
Board of Directors: J. W . B a i l e y , H. F. B e c k l e y , G. W . B r y a n t , Z. E. C l i f f , E. D. L a c o u n t ,
F. H. M a r s h a l l , W . C. M e n t z e r , L. E. M e r r y , O. H. P e r r y , O. H. P e r r y , Jr., D. E.
R o b b in s , W . A. S n o w , E. S. S p a r r o w , C. L. S t e v e n s , F. F. S t o c k w e l l , J. F. T e r r y , H. A.
True.
Security Committee: L. E. M e r r y , D. E. R o b b in s , E. S. S p a r r o w .
Regular meetings for receipt of moneys the third Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid interest
Unpaid fines
Temporary expense account
Cash
.
.
.
.
L iabilities.
.
$430,843
31,276
5,800
856
157
42
13,904
00
00
00
03
92
75
64
*
Dues capital
.
.
Profits capital .
.
.
Guaranty fund .
.
.
Surplus
.
.
.
.
Interest .
.
.
Fines
.
.
.
Transfer fees
.
.
Withdrawal profits
Forfeited share account
.
.
.
.
.
.
.
.
.
.
.
$482,880 34
00
36
25
58
67
37
25
77 93
354 93
$482,880 34
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
8401,624
73,590
2,104
2,923
2,140
64
M em bersh ip.
.
.
.
.
1,655
1,098
9
25
116
8,135
3,120
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
175
158
866
254
Profits D istributed.
¥1
First term, 2 1 % ; second term, 2 f %
Proportion of profits retained on voluntary withdrawals, 16|%.
Rates an d Averages on Loans, October 30, 1909.
195 real estate loans (average, $2,209.45 each; average rate, 5 .0 2 % ) : 5 % , $401,743; 51% ,$15,950;
51% , $13,150.
80 share loans (average, $390.95 each; average rate, 5 .0 4 % :) 5 % , $26,981; 5 1 % , $3,025; 51 % ,
$1,270.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,751.13
3.61
Other Expenses.
Total.
$493.36
$2,244.49
1.02
4.6 3
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited share account
Permanent expense
Cash on hand Oct. 31, 1908
$93,773 00
3,000
55,875
15,811
23,114
582
1
824
349
87
5,073
00
00
00
24
18
00
07
93
50
57
$198,491 49
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Fines
.
.
.
.
.
Cash on hand Oct. 30, 1909
259
COM M ISSIONER,
$39,631
343
3,425
15,434
6,594
90
1,116
5,726
95,018
14,906
55
2,244
1
13,904
00
00
00
00
88
51
50
96
00
00
05
49
46
64
$198,491 49
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share.
$195
63
1897
15
Oct.
16
185 03
Apr. 1898
174 74
17
Oct. 1898
164 73
18
Apr. 1899
154 91
19
Oct. 1899
20
145 42
Apr. 1900
21
136 12
Oct. 1900
22
127 03
Apr. 1901
118 18
23
Oct. 1901
24
109 49
Apr. 1902
25
101 03
Oct. 1902
26
92 74
Apr. 1903
84 63
27
Oct. 1903
28
76 73
Apr. 1904
29
68 99
Oct. 1904
30
61 43
Apr. 1905
31
54 05
Oct. 1905
32
46 84
Apr. 1906
80
1906
33
39
Oct.
34
32 93
Apr. 1907
22
35
1907
26
Oct.
36
19 68
Apr. 1908
37
13 30
Oct. 1908
38
7 08
Apr. 1909
39
1 00
Oct. 1909
Dues paid in advance
Ä 7 ,™ * i v * 104
103
97
198
105
190
280
140
186
317
220
242
255
235
196
305
430
287
357
562
738
570
748
813
457
$20,345
19,058
16,949
32,616
16,265
27,629
38,113
17,784
21,981
34,708
22,226
22,443
21,580
18,031
13,522
18,736
23,241
13,443
14,208
18,506
19,350
11,217
9,94S
5,756
457
52
09
78
54
55
80
60
20
48
33
60
08
65
55
04
15
50
08
60
66
36
60
40
04
00
443 00
$478,565 20
Dues capital
Profits capital
Unpaid dues
Suspense dues
Suspense profits
$401,624
73,590
2,621
129
600
00
36
00
00
84
$478,565 20
D a t e o f E x a m in a t i o n , June 15, 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
260
REPORT
OF T H E
[Pub. Doc.
W E S T SP R IN G F IE L D C O -O P E R A TIV E B A N K ,
W E S T S P R IN G F IE L D .
126 P A R K STREET.
Incorporated April 8, 1897.
F r e d H. S i b l e y , President.
Began business May 12, 1897.
J o h n C. W o r c e s t e r , Secretary.
H e n r y E. S c h m u c k , Treasurer.
Board of Directors: C. E . B r o c k w a y , W . F. C o o k , C. A . E d g e r t o n , J. H . H e a l y , G. A H il l
J. F. M cC a r t h y , T. A . R o g e r s , A . F. R o y c e , F. P. S a r g e n t , A . A . S i b l e y , F. H. S i b l e y ,
H. E . S c h m u c k , J. C. W o r c e s t e r , F. L. W o r t h y .
Security Committee: J. F. M cC a r t h y , T. A. R o g e r s , A. F. R o y c e .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Unpaid interest
Unpaid fines
Permanent expense account
Cash
.
.
L iabilities.
$255,700
12,975
263
38
144
97
00
00
22
56
14
43
Dues capital
Profits capital
Guaranty fund
Surplus
$225,660
42,132
723
702
$269,218 35
$269,218 35
Shares.
Issued during year
Withdrawn during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
32
35
68
M em bersh ip.
.
.
.
1,154
655
30
4,695
1,800
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
130
82
601
211
Profits D istributed.
First term, 2 £ % ; second term, 2 £ % .
Proportion of profits retained on voluntary withdrawals, none.
Rates and Averages on Loans, October 30, 1909.
169 real estate loans (average, $1,513.01 each; average rate, 5 % ) ; 5 % , $255,700.
43 share loans (average, $301.74 each; average rate, 5 .4 2 % ) : 5 % , $7,425; 6 % , $5,550.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$550.00
2 .0 4
Other Expenses.
$91.79
.34
Total.
$641.79
2.3 8
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Notes and bonds
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Security committee .
Cash on hand Oct. 31, 1908
$55,950 00
400
31,225
11,325
2,500
12,798
280
5
58
2,745
00
00
00
00
56
52
00
00
98
$117,288 06
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital matured
Profits capital withdrawn .
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Notes and bonds
Interest .
.
.
.
.
Temporary expense
Cash on hand Oct. 30, 1909
261
COM M ISSIONER,
$29,219
4,380
5,160
1,614
66,350
7,300
2,500
24
641
97
00
00
94
30
00
00
00
60
79
43
$117,288 06
R econ cilia tion o f Share A ccou n t w ith Dues
an d Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
68
$13,436 80
2 $197 60
Nov. 1897
9,139 48
49
3
186 52
May 1898
13,536 60
4
175 80
77
Nov. 1898
8,103 62
165 38
49
5
May 1899
108
16,770 24
155 28
6
Nov. 1899
18,764 34
145 46
129
7
May 1900
102
135 94
13,865 88
8
Nov. 1900
85
10,769 50
126 70
9
May 1901
82
9,650 58
10
117 69
Nov. 1901
108 89
129
14,046 81
11
May 1902
7,924 49
100 31
12
79
Nov. 1902
10,847 74
91 93
118
13
May 1903
13,652 88
163
83 76
14
Nov. 1903
18,876 69
75 81
249
15
May 1904
68 04
103
7,008 12
16
Nov. 1904
13,722 15
60 45
227
17
May 1905
8,438
13
53 07
159
18
Nov. 1905
12,794 94
45 86
279
19
May 1906
12,069
91
38
81
311
Nov. 1906
20
8,879 32
31 94
278
21
May 1907
7,871 76
312
22
25 23
Nov. 1907
444
8,298 36
18 69
23
May 1908
6,228
86
12
31
506
24
Nov. 1908
3,581 12
6 08
589
25
May 1909
126 00
Dues paid in advance
$268,404 32
Dues capital
Profits capital
Unpaid dues
.
.
.
.
.
.
.
.
.
.
.
.
$225,660 00
42,132 32
612 00
$268,404 32
D a t e o f E x a m in a t i o n , October 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
262
REPORT
OF
THE
[Pub. Doc
W H IT M A N C O -O P E R A TIV E B A N K , W H IT M A N .
570 W ASHINGTON STREET.
Incorporated March 6, 1889.
J u l iu s C. G i l b e r t , President.
Began business March 11, 1889.
G e o r g e D . S o u l e , Secretary.
G e o r g e D . S o u l e , Treasurer.
Board of Directors: B . F. B o w k e r , W . H. C o o k , E . P . C o p e l a n d , F. E . C u m m in g s , A . L. C u r t i s ,
i v V ; D o n o v a n , G. A . D o r r , I. O . E s t e s , D . F. N u g e n t , F. W . O s b o r n e , G. L. P a i n e ,
id. D . R e e d .
Security Committee: A r t h u r C o l e m a n , G. A. D orr, G. D. S o u l e .
Regular meetings for receipt of moneys the second Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
L iabilities.
Loans on real estate $311,425 00
Less amount due
.
4,391 05
---------- — $307,033 95
Loans on shares
.
.
.
12,220 00
Common form mortgages .
.
4,750 00
Real estate by foreclosure, etc. .
1,360 94
C a s h ............................................
6,192 83
Dues capital
Profits capital .
Guaranty fund .
Surplus
Forfeited share account
Matured share account
$331,557 72
$268,230
52,710
3,347
7,229
10
30
00
22
32
94
00
24
$331,557 72
Shares.
M em bersh ip.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
1,354
811
19
68
40
6,213
1,926
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
193
217
983
308
Profits D istrib u ted.
First term, 3 % ; second term, 4 % .*
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates and A verages on Loans, O ctober 30, 1909.
305 real estate loans (average, $1,006.67 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $306,133.95; 6 .6 0 % ,
$900.
43 share loans (average, $284.19 each; average rate, 6 .3 0 % ) : 6 .3 0 % , $12,220.
T ota l Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$964.02
2.9 1
* Covering a period of 8 months.
Other Expenses.
Total.
$548.51
$1,512.53
1.65
4 .5 6
No. 8.]
BANK
CO M M ISSION ER.
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Mortgages
.
.
.
.
Real estate by foreclosure .
Interest .
.
.
.
.
Premiums
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Forfeited share account
Matured share account
Cash on hand Oct. 31, 1908
$73,736 00
4,200
46,650
5,835
4,391
400
529
18,155
932
598
4
635
8
343
8,148
2,791
00
00
00
05
00
65
69
20
34
50
36
83
98
80
93
$167,361 33
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
.
Temporary expense
Forfeited share account
Matured share account
Cash on hand Oct. 30, 1909
$21,486
327
8,853
5,708
2,541
35
3,163
2,284
96,150
7,990
2,170
54
400
1,512
343
8,148
6,192
00
00
00
00
12
30
35
80
00
00
00
25
37
53
98
80
83
$167,361 33
D a t e o f E x a m in a t i o n , November 30.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
263
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
Sept.
Mar.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Value
$199
187
176
165
155
145
135
125
116
107
98
89
80
72
64
56
49
41
34
27
21
14
8
Dues paid in advance
Shares
45
11
88
18
71
65
83
66
30
112
10
115
18
180
53
153
14
93
00
137
06
216
35
116
87
211
59
200
56
214
76
376
19
383
83
463
70
505
77
375
04
429
51
641
17 1,134
Total Value.
$2,193
3,381
11,486
10,944
17,393
16,686
24,332
19,206
10,801
14,659
21,180
10,364
17,063
14,518
13,815
21,341
18,839
19,367
17,523
10,413
9,026
9,300
9,264
95
84
15
78
60
50
40
09
02
00
96
60
57
00
84
76
77
29
50
75
16
91
7.8
72 00
$323,178 22
Dues capital
Profits capital
Unpaid dues
.
$268,230 00
52,710 22
2,238 00
$323,178 22
264
REPORT
OF
THE
[Pub. Doc.
W IN C H E N D O N C O -O P E R A T IV E B A N K , W IN C H E N D O N .
110 FRONT STREET.
Incorporated September 9, 1891.
Began business September 16, 1891.
F r e d e r ic k W . R u s s e l l , President. W a l d o C. C o r e y , Secretary. S il a s A . G r e e n w o o d , Treasurer.
Board of Directors: H. O. B a t e m a n , R o b e r t C a l l a h a n , E . W . C r o s s , J. W . D a v e n p o r t F P
F a i r b a n k s , A . S. L a m b , L. F . M a r t i n , F . H. P a r k e r , E. R . P o l l a r d , F . B . S p a l t e r , T .
C. S p a r h a w k , C. A. S m it h , E . S. T u c k e r , S. E . W h i t e , B. M. W r ig h t .
Security Committee: A . S. L a m b , C. T . S t e a r n s , S. E . W
h it e .
Regular meetings for receipt of moneys the third Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Unpaid fines
Permanent expense account
Temporary expense account
Cash
.
.
.
.
.
$174,515
7,100
34
87
5
7,857
00
00
10
30
40
54
Dues capital
.
Profits capital .
Guaranty fund .
Surplus
.
.
Interest .
Fines
.
.
Withdrawal profits
Forfeiture profits
.
.
.
.
.
.
.
.
.
.
.
.
$189,599 34
.
Membership.
.
.
.
.
00
12
41
58
61
76
66
20
$189,599 34
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$157,839
28,279
1,041
1,149
1,223
32
27
6
.
.
.
.
.
.
.
.
.
.
.
.
.
608
515
30
25
3,197
1,098
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
64
55
443
165
Profits Distributed.
First term, 2J % ; second term, 2\% .
Proportion of profits retained on voluntary withdrawals, 10% on series less than 5 years old; after
5 years, none.
Rates and Averages on Loans, October 39, 1999.
.158 real estate loans (average, $1,104.52 each; average rate, 5 .0 1 % ) : 5 % , $172,715; 6 % , $1,800.
39 share loans (average, $182.05 each; average rate, 5 % ) : 5 % , $7,100.
T otal Expenses fo r Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
.
.
.
.
Salaries.
$365.00
1.93
Other Expenses.
$79.85
.42
Total.
$444.85
2 .3 5
No. 8.1
BANK
CO M M ISSION ER.
Year ending
.
R e c e ip t s
Dues capital
Real estate loans repaid
Share loans repaid
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited profits
Cash on hand Oct. 31, 1908
.
$37,852
41,988
4,395
9,170
257
2
69
6
1,081
00
00
00
24
65
25
02
20
92
$94,822 28
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Interest
Temporary expense
Permanent expense
Cash on hand Oct. 30, 1909
.
$24,920
1,025
3,650
4,267
98
1,389
44,550
6,595
7
444
17
7,857
00
00
00
59
50
00
00
00
50
85
30
54
$94,822 28
265
R econ cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share.
inForrce.TotalVaIue14
Sept. 1897
13 $199 61
$2,794 54
Mar. 1898
14
188 63
47
8,865 61
Sept. 1898
15
177 95
50
8,897 50
Mar. 1899
16
167 62
27
4,525 74
17
157 60
81
Sept. 1899
12,765 60
Mar. 1900
18
147 85
10
1,478 50
138 35
Sept. 1900
19
67
9,269 45
Mar. 1901
20
129 08
59
7,615 72
21
120 04
101
12,124 04
Sept. 1901
Mar. 1902
111 22
22
178
19,797 16
102 61
Sept. 1902
23
44
4,514 84
Mar. 1903
94 21
24
142
13,377 82
Sept. 1903
25
86 02
135
11,612 70
Mar. 1904
104
78 03
26
8,115 12
70 23
84
Sept. 1904
27
5,899 32
Mar. 1905
62 62
28
149
9,330 38
Sept. 1905
29
55 20
78
4,305 60
Mar. 1906
30
47 96
216
10,359 36
40 90
Sept. 1906
31
90
3,681 00
Mar. 1907
32
34 01
266
9,046 66
241
Sept. 1907
33
27 29
6,576 89
34
Mar. 1908
20 73
275
5,700 75
35
14 33
184
Sept. 1908
2,636 72
Mar. 1909
290
36
8 09
2,346 10
37
2 00
265
530 00
Sept. 1909
Dues paid in advance
594 00
$186,761 12
Dues capital
Profits capital
Unpaid dues
$157,839 00
28,279 12
643 00
$186,761 12
D a t e o p E x a m in a t i o n , October 6.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
266
[Pub. Doc.
R E P O R T OF T H E
W IN C H E S T E R C O -O P E R A T IV E B A N K , W IN C H E S T E R .
M A IN STREET.
Incorporated November 13, 1893.
H o w a r d D. N a s h , President.
Began business November 13, 1893.
T. B. C o t t e r , Secretary.
T. B. C o t t e r , Treasurer.
Board of Directors: J o h n C h a l l i s , T . B. C o t t e r , G. A . F e r n a l d , J. J. F i t z g e r a l d , A l e x F o s t e r ,
Jr., W . B. F r e n c h , C. A . G l e a s o n , T . C. H u r d , H . D. N a s h , F. J. O ’H a r a , T . S. S p u r r ,
S. S. S y m m e s , N . H . T a y l o r .
Security Committee: J. J. F i t z g e r a l d , C. A . G l e a s o n , N . H . T a y l o r .
Regular meetings for receipt of moneys the first Monday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate
Less amount due
Loans on shares
Cash
Liabilities
$262,390 00
1,800 00
-------------- $260,590 00
6,305 00
6,621 99
Dues capital
Profits capital
Guaranty fund
Surplus
Profit and loss
$226,923
38,022
2,700
5,000
871
$273,516 99
$273,516 99
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
M em bersh ip.
.
.
.
.
.
.
.
.
.
.
.
.
.
00
80
00
00
19
.
.
.
.
1,739
975
14
67
5,356
1,547
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
167
85
553
150
Profits D istributed.
First term, 2 i % ; second term, 2£ % .
Proportion of profits retained on voluntary withdrawals, 2 0% on series less than 6 years old; after
6 years, none.
R ates and Averages on Loans, October 30, 1909.
133 real estate loans (average, $1,959.32 each; average rate, 5 .5 4 % ) ; 5 .3 0 % , $109,950; 5 .5 0 % ,
$92,450; 5 .6 0 % , $1,350; 6 % , $56,840.
18 share loans (average, $350.28 each; average rate, 5 .8 1 % ) : 5 .3 0 % , $1,700; 6 % , $4,605.
T otal Expenses for Year
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$764.00
2.7 9
Other Expenses.
Total.
$678.09
$1,442.09
2.48
5.2 7
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
$64,080 00
2,100
57,150
12,450
15,075
289
1
372
00
00
00
32
04
25
38
6 19
378 42
$151,902 60
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
.
.
.
.
Interest .
.
.
.
.
Temporary expense .
Cash on hand Oct. 30, 1909
R e co n cilia tio n o f Share A cco u n t w ith Dues
an d Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Transfer fees
.
.
.
.
Withdrawal profits
Forfeited profits
Cash on hand Oct. 31, 1908
267
COM M ISSIONER,
$46,539
271
9,884
8,099
30
3,534
67,850
7,460
170
1,442
6,621
00
00
00
83
09
43
00
00
17
09
99
Nov.
May
Nov.
May
Nov.
Ma y
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
Nov.
May
1897
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Value
per Share. inS ForeSe.Total VaIue‘
$196 59
37
$7,273 83
185 88
25
4,647 00
175 43
19
3,333 17
165 25
30
4,957 50
155 32
47
7,300 04
145 62
52
7,572 24
136 16
95
12,935 20
126 95
130
16,503 50
117 97
147
17,341 59
109 21
184
20,094 64
100 61
189
19,015 29
92 21
96
8,852 16
84 02
205
17,224 10
76 03
249
18,931 47
68 23
131
8,938 13
60 62
265
16,064 30
53 20
248
13,193 60
45 96
257
11,811 72
38 90
182
7,079 80
32 01
260
8,322 60
25 29
345
8,725 05
18 73
519
9,720 87
12 33 1,096
13,513 68
6 09
548
3,337 32
Dues paid m advance
$151,902 60
136 00
$266,824 80
Dues capital
Profits capital
Unpaid dues
.
$226,923 00
38,022 80
1,879 00
$266,824 80
D a t e o f E x a m in a t i o n , November 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
268
REPORT
OF
THE
[Pub. Doc.
W IN T E R H IL L CO -O P E R A TIV E B A N K , S O M E R V IL LE .
84
BROADW AY.
Incorporated May 8, 1906.
C h a r l e s A. G r im m o n s , President.
Began business June 13, 1906.
R a y R. R i d e o u t , Secretary.
R a y R. R i d e o u t , Treasurer.
Board of Directors: J. M. A n d r e w s , L. B. C h a n d l e r , W . S. C l a r k e , B. F . F r e e m a n , W . S. G l i d d e n ,
C. A. G r im m o n s , S. B. K e e n e , J. A. K i l e y , G. S. L o v e j o y , C. F . M a g u i r e , J. S. N e w c o m b ,
W. F . R e m ic k , S. M. R i c h , R. R. R i d e o u t , C. A. S m it h , A. P. S t o n e , W . L. W a u g h , J. M.
W oods.
Security Committee: J. M. A n d r e w s , W . S. G l i d d e n , G. S. L o v e j o y , J. S. N e w c o m b .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM ENT OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities,
Loans on real estate .
Loans on shares
Permanent expense account
Temporary expense account
Cash and cash items .
$162,200
6,930
193
278
2,119
00
00
33
05
91
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Withdrawal profits
Forfeited share account
Security committee
$160,217
8,297
540
554
1,590
108
62
308
42
$171,721 29
$171,721 29
Membership.
Shares.
Issued during year
.
Withdrawn during year
Forfeited during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
00
02
00
49
81
15
99
38
45
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2,312
1,414
41
7,062
1,415
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
276
163
822
123
Profits Distributed.
First term, \%%; second term, 1 | % ;
term, 1£ % ; fourth term, l i % .
third
Proportion of profits retained on voluntary withdrawals, 2 5% .
Rates and Averages on Loans, O ctober 30, 1909.
68 real estate loans (average, $2,385.29 each; average rate, 5 .5 0 % ) : 5 % , $66,200; 51 % , $3,000'
5 i% , $25,000; 6 % , $68,000.
55 share loans (average, $126 each; average rate, 6 % ) : 6 % , $6,930.
T ota l Expenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
............................................$1,095.00
...........................................
6.3 8
Other Expenses.
Total.
$478.40
$1,573.40
2 .7 8
9.16
No. 8.]
BANK
CO M M ISSION ER
R eceipts and D isbursem ents, Year en d in g
O ctober 30, 1909.
$77,386
12,100
4,200
7,890
430
326
293
62
3,323
00
00
00
53
13
42
38
00
54
$106,012 00
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Profits capital withdrawn .
Profits capital forfeited
Real estate loans
Share loans
.
.
.
.
Temporary expense
Permanent expense
Forfeited share account
Security committee
Cash on hand Oct. 30, 1909
$27,371
609
1,283
46
64,800
8,020
1,573
87
21
79
2,119
00
00
37
97
00
00
40
38
42
55
91
$106,012 00
D a t e o f E x a m in a t i o n , November 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Forfeited share account
Security committee .
Cash on hand Oct. 31, 1908
269
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
1906
1906
1906
1907
1907
1907
1907
1908
1908
1908
1908
1909
1909
1909
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Value
$43
40
37
33
30
27
23
20
17
14
11
8
5
2
Dues paid in advance
Shares
81 1,599
44
186
210
10
75
622
41
348
11
338
205
85
62
688
327
43
28
395
304
16
571
07
02
700
569
00
Total Value.
$70,052
7.521
7,791
20,992
10,582
9,163
4,889
14,186
5,699
5,640
3,392
4,607
3,514
1,138
19
84
00
50
68
18
25
56
61
60
64
97
00
00
830 00
$170,002 02
Dues capital
Profits capital
Unpaid dues
$160,217 00
8,297 02
1,488 00
$170,002 02
270
REPORT
OF
THE
[Pub. Doc.
W IN T H R O P C O -O P E R A T IV E B A N K , W IN T H R O P .
73 JEFFERSON STREET.
Incorporated February 15, 1907.
Began business March 13, 1907.
E d w a r d B. N e w t o n , President.
A l m o n E . W h it t e m o r e , Treasurer.
A l m o n E . W h it t e m o r e , Secretary.
Board of Directors: H. W . A i k e n , B . K. B a k e r , Jr., H. M. B e l c h e r , M. A. B e l c h e r , F. F. C o o k ,
E. E. D a w s o n , H. G. F l i n n , D a v id F l o y d , J e r e m ia h G r e e n , A. F. H e n r y , C h a n n in g
H o w a r d , H e n r y H u t c h in s o n , W . G. M cN e i l , E. B . N e w t o n , J. L . N e w t o n , A. C. J. P o p e ,
E. A. T h o m a s , A. E. W h it t e m o r e , H. J. W r ig h t .
Security Committee:
H.
M. B elc h e r ,
J e r e m ia h G r e e n , W .
H . J. W r ig h t .
G.
M cN e i l , E .
B.
N ew ton,
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Liabilities.
Loans on real estate .
Loans on shares
Permanent expense account
Temporary expense account
Cash
.
.
.
.
$141,100
4,560
653
207
8,073
00
00
75
51
08
Dues capital
Profits capital .
Guaranty fund .
Surplus
Interest
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Security committee
$144,811
6,715
405
798
1,692
55
00
74
15
03
07
23
25
59 37
35 00
22 50
$154,594 34
$154,594 34
Membership.
Shares
Issued during year
.
Withdrawn during year
Forfeited during year
In force Oct. 30, 1909
Pledged Oct. 30, 1909
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3,410
1,008
47
7,929
1,173
Added during year
.
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
.
.
.
.
.
.
.
.
384
160
889
92
.
.
.
Profits Distributed.
First term, 1J% ; second term, 11% ;
term, 1\%\ fourth term, 1J% .
third
Proportion of profits retained on voluntary withdrawals, 25 % .
Rates an d A verages on Loans, October 30, 1909.
66 real estate loans (average, $2,137.87 each; average rate, 5 .9 9 % ) : 5 % , $2,000; 6 % , $138,400;
7 % , $700.
26 share loans (average, $175.38 each; average rate, 6 % ) : 6 % , $4,560.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$431.50
2 .7 9
Other Expenses.
$528.27
3 .4 2
Total.
$959.77
6.21
BANK
N o. 8.]
CO M M ISSION ER.
R eceipts and D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans repaid
.Share loans repaid
Interest .
.
.
.
Fines
.
.
Transfer fees
Withdrawal profits
Forfeited share account
Security committee .
Surplus
.
.
.
.
•Cash on hand Oct. 31, 1908
11,400
2,855
7,637
203
162
150
22
5
3,735
00
00
08
83
25
68
74
50
39
71
$110,583 18
R econ cilia tion o f Share A cco u n t w ith Dues
and Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$71,026 00
1907
1
$34 00 2,089
11,543 74
2
377
1907
30 62
332
9,056 96
3
27 28
1907
482
11,558 36
4
23 98
1907
11,561 76
558
1908
20 72
5
8,015 00
458
1908
6
17 50
448
6,415 36
14 32
1908
7
10,050 82
899
1908
8
11 18
7,886 08
976
1909
9
8 08
3,930 66
783
1909
10
5 02
1,054 00
527
11
2 00
1909
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
Mar.
June
Sept.
Dues paid in advance
$14,431
652
80,025
5,875
959
410
155
8,073
00
86
00
00
77
49
98
08
$110,583 18
D a t e o f E x a m in a t i o n , November 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
424 00
$152,522 74
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
Temporary expense .
Permanent expense
Forfeited share account
'Cash on hand Oct. 30, 1909
271
Dues capital
Profits capital
Unpaid dues
$144,811 00
6,715 74
996 00
$152,522 74
272
REPORT
OF T H E
[Pub. Doc.
W O B U R N CO -O P ER ATIV E B A N K , W O B U R N .
316 M A IN STREET.
Incorporated February 21, 1887.
J a m e s S k i n n e k , President.
Began business March 10, 1887.
J o h n C B u c k , Secretary.
J o h n C. B u c k , Treasurer.
Board of Directors: F. J. B r o w n , G e o r g e B u c h a n a n , J. C. B u c k , E d w a r d C a l d w e l l , W . F.
D a v i s , J. F. D e l a n d , H. B . D o w , F. W . G r e y d o n , A . H. L i n s c o t t , C. G. L u n d , J o h n
M a l o n e y , J. F. M c G r a t h , T h o m a s M o o r e , J. H. P a r k e r , W . A . P r i o r , L a w r e n c e R e a d e ,
J am es Sk in n e r .
Security Committee: F. J. B r o w n , F. W . G r e y d o n , J. H . P a r k e r .
Regular meetings for receipt of moneys the second Thursday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate
Less amount due
Liabilities.
$433,375 00
.
3,821 69
129,553
13,050
1,350
2,320
117
246
68
9,349
Loans on shares
Common form mortgages
Unpaid interest
Unpaid premiums
Temporary expense account
Insurance and taxes paid .
Cash
.
.
.
.
31
00
00
90
25
92
23
32
Dues capital
Profits capital
Guaranty fund
Surplus
Interest
Premiums
Fines
Transfer fees
Withdrawal profits
Forfeited share account
Suspense account
$456,055 93
00
16
77
39
16
05
86
00
12
16
26
$456,055 93
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct 30, 1909
$356,506
73,790
9,762
12,663
2,801
144
160
1
91
7
128
M em b ersh ip.
.
.
.
.
1,583
624
15
69
162
7,583
2,461
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
168
87
1,056
384
Profits D istrib u ted.
First term, 2 f % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 25 % .
Rates and A verages on Loans, October 30, 1909.
367 real estate loans (average, $1,170.44 each; average rate, 6 .3 0 % ) ; 6.30% , $429,553 .31.
33 share loans (average, $395.45 each; average rate, 6 .3 0 % ) ; 6.30% , $13,050.
T otal Expenses for Year.
Amount paid for
.
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
Salaries.
$1.530.00
3.3 6
Other Expenses.
$1,068.77
2.3 4
Total.
$2,598.77
5 .7 0
No. 8.]
BANK
COM M ISSIONER,
R eceipts and D isbursem ents, Year end ing
O ctober 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Uncompleted mortgage loans
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Surplus
.
.
.
.
Taxes and insurance .
Cash on hand Oct. 31, 1908
$85,949 00
2,800 00
700
44,050
8,675
14,253
2,852
26,434
1,354
1,163
3
961
6
8
183
3,076
00
00
00
10
32
72
15
38
00
18
54
80
32
89
$192,471 40
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Uncompleted mortgage loans
Real estate by foreclosure .
Temporary expense
Permanent expense .
Surplus
.
.
.
.
Taxes and insurance .
Profit and loss .
Cash on hand Oct. 30, 1909
$24,839
321
9,118
23,333
3,852
25
3,358
9,547
78,750
12,600
11,881
2,724
2,398
200
7
158
6
9,349
00
00
00
00
97
95
92
56
00
00
41
06
77
00
00
44
00
32
$192,471 40
D a t e o f E x a m in a t i o n , October 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
273
R e co n cilia tio n o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.'
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
$192
181
170
160
150
140
130
121
112
103
94
86
78
70
62
54
47
40
33
26
19
13
7
1
75
68
92
44
31
43
82
44
29
37
71
25
04
07
28
72
36
19
20
39
80
36
09
00
Shares
Total Value.
136
231
96
83
122
106
308
100
184
149
265
187
400
279
414
74
317
337
627
544
637
712
617
658
$26,214
41,968
16,408
13,316
18,337
14,885
40,292
12,144
20,661
15,402
25,098
16,128
31,216
19,549
25,783
4,049
15.013
13,544
20,816
14,356
12,612
9,512
4,374
658
Dues paid in advance
—
00
08
32
52
82
58
56
00
36
13
15
75
00
53
92
28
12
03
40
16
60
32
53
00
446 00
—
$432,789 16
Dues capital
Profits capital
Unpaid dues
•
$356,506 00
73,790 16
2,493 00
$432,789 16
274
REPORT
OF T H E
[Pub. Doc.
W O L L A ST O N C O -O P E R A T IV E B A N K , Q U IN C Y .
307 NEWPORT AVENUE.
Incorporated April 8, 1889.
Began business April 16, 1889.
H e r b e r t T . W h i t m a n , President.
H e r b e r t W . (P in k h a m , Secretary.
H e r b e r t W . P i n k h a m , Treasurer.
Board of Directors: C. S. A d a m s , C. W . B a i l e y , A . L. B a k e r , F. H . B i s h o p , S. F. C o p e l a n d ,
P . L. D a v i d s o n , C. A. M a c f a r l a n d , A r t h u r M u r p h y , N . G. N ic k e r s o n , A. G. O l n e y ,
W . S. P i n k h a m , R. W . P o o l e , C. W . S m it h , F. B. S m it h , G. E. T h o m a s , G e o r g e W e s t o n ,
C. F. W i l d e , G. D . W o o d b u r y .
Security Committee: A. L. B a k e r , N. G. N i c k e r s o n , C. A. M a c f a r l a n d .
Regular meetings for receipt of moneys the third Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Common form mortgages
Unpaid fines
Temporary expense account
Cash
.
Liabilities.
.
$550,900
30,710
3,250
131
244
10,153
00
00
00
30
75
85
Dues capital
.
Profits capital .
.
Guaranty fund .
Surplus
.
Interest .
Premiums
.
Transfer fees
.
.
Withdrawal profits
Forfeited share account
.
.
.
$595,389 90
Shares.
\
00
76
00
40
22
45
75
113 47
86 85
.
$595,389 90
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$490,583
91,498
6,800
5,158
1,148
Membership.
2,887
1,445
14
50
132
11,599
3,564
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
294
15»
1,235
349
Profits Distributed.
First term, 2 f % ; second term, 2 f % .
Proportion of profits retained'on voluntary withdrawals, 2 5 % .]
Rates an d A verages o n Loans, O ctober 30, 1909.
330 real estate loans (average, $1,669.39 each ;• average rate, 5 .5 5 % ) : 5 4 % , $510,850: 5 f % , $8 600
6 % , $14,000; 6 i % , $2,600; 6 .3 0 % , $6,000; 6 * % , $1,500; 6 f % , $2,800; 7 % , $1,500; 74%
$2,600; 8 % , $200; 8 4 % , $250.
i /0 '
154 share loans (average, $199.41 each; average rate, 5 .6 4 % ) : 54 % , $27,425; 5 i % , $765; 6%
$275; 61% , $1,300; 6 f % , $75; 71 % , $170; 7 f % , $600; 8 1 % , $100.
T ota l Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,902.00
3.1 9
Other Expenses.
Total.
$863.45
$2,765.45
1.45
4.6 4
BANK
No. 8.]
R eceipts and D isbursem ents, Year ending
October 30, 1909.
1,800 00
9,850
60,400
24,480
5,382
31,707
41
1,095
7
1,388
3
86
9,515
16,615
4,865
00
00
00
31
55
05
69
50
62
41
85
85
29
97
D is b u r s e m e n t s .
.
.
L
,
Tota! Value.
$128,493 00
$295,733 09
$44,887
229
7,121
18,984
5,562
13
2,649
7,699
144,200
21,395
3,250
539
152
2,765
9,515
16,615
10,153
00
00
00
00
11
78
00
52
00
00
00
99
25
45
85
29
85
$295,733 09
D a t e o f E x a m in a t i o n , November 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R e co n cilia tio n of Share A ccou n t w ith Dues
and Profits Capital.
Date of Issue. Series. J
R e c e ip t s .
Dues capital
.
.
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Real estate by foreclosure .
Interest .
.
.
.
Premiums
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Retired share account
Matured share account
Cash on hand Oct. 31, 1908
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense .
Retired share account
Matured share account
Cash on hand Oct. 30, 1909
275
CO M M ISSION ER
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1898
1898
1899
1899
1900
1900
1901
1901
1902
1902
1903
1903
1904
1904
1905
1905
1906
1906
1907
1907
1908
1908
1909
1909
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
$191
180
169
159
149
139
129
120
111
102
94
85
77
69
62
54
47
40
33
26
19
13
7
1
Dues paid in advance
75
60
84
39
26
38
87
54
51
73
18
85
72
80
09
57
24
11
16
38
78
35
09
00
109
137
179
165
220
222
179
301
287
231
329
175
356
274
488
555
656
705
809
743
1,041
1,086
1,174
1,178
$20,900
24,742
30,401
26,299
32,837
30,942
23,246
36,282
32,003
23,730
30,985
15,023
27,668
19,125
30,299
30,286
30,989
28,277
26,826
19,600
20,590
14,498
8,323
1,178
75
20
36
35
20
36
73
54
37
63
22
75
32
20
92
35
44
55
44
34
98
10
66
00
604 00
$585,663 76
Dues capital
Profits capital
Unpaid dues
.
$490,583 00
91,498 76
3,582 00
$585,663 76
276
R E P O R T . OF
THE
[Pub. Doc.
W O R C E S T E R CO -O P E R A TIV E B A N K , W O R C E ST E R .
390 M A IN STREET.
Incorporated October 19, 1877.
S t e p h e n C. E a r l e , President.
Began business October 19, 1877.
G e o r g e O. B r id g e s , Secretary.
G e o r g e O. B r id g e s , Treasurer.
Board of Directors: D a v id A r m it a g e , M. S. B e a m a n , H . H . B i g e l o w , A . L. B e m is , H e n r y
B r a n n o n , L . L . C o n a n t , H . E . F a y e r w e a t h e r , W i l l ia m
H e n r y H a g u e , J. J. H i g g in s , J o s e p h J a c k s o n , L u d w ig
C h r is t ia n N e l s o n .
F orsberg, H . K . F ren ch ,
J o h n so n , D a n ie l P a r l in ,
Security Committee: M. S. B e a m a n , H. H. B ig e l o w , H e n r y B r a n n o n .
Regular meetings for receipt of moneys the fourth Tuesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Real estate by foreclosure, etc.
Temporary expense account
Cash
.
.
.
.
L iabilities.
$707,000
24,500
20,444
163
20,850
00
00
66
50
68
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Forfeited share account
Security committee
Suspense .
.
.
.
.
$772,958 84
00
03
00
74
03
50
00
17
83
54
$772,958 84
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Retired during year .
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$629,993
128,213
5,000
8,603
527
147
2
401
38
32
Membership.
3,046
1,246
74
132
28
14,451
4,334
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
299
151
1,569
366
Profits Distributed.
First term, 3 % ; second term, 3 % .
Proportion of profits retained on voluntary withdrawals, 50% of last dividend.
Rates an d Averages on Loans, O ctober 30, 1909.
295 real estate loans (average, $2,396.61 each; average rate, 5 .4 3 % ) : 5 % , $406,650: 5 i% .$ 3 .8 0 0 6 % , $284,950; 6 i % , $8,600; 6 i% , $2,000; 7 f % , $1,000.
86 share loans (average, $284.88 each; average rate, 5 .2 6 % ) ; 5 % , $18,000; 5 1 % , $200; 6 % ,
$5,950; 6 1 % , $200; 71 % , $150.
/0 ’
T otal E xpenses fo r Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$1,358.14
1.7 6
Other Expenses.
Total.
$384.29
$1,742.43
.50
2 .2 6
No. 8.]
BANK
R eceipts and D isbursem ents, Year ending
O ctober 30, 1909.
R e c e ip t s .
Dues capital
Real estate loans eliminated by
foreclosure
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
Real estate by foreclosure .
Interest .
.
.
.
Fines
.
.
.
.
Transfer fees
Withdrawal profits
Forfeited profits
Forfeited share account
Personal accounts
Security committee .
Taxes and insurance paid .
Profit and loss .
Suspense account
Cash on hand Oct. 31, 1908
277
COM M ISSIONER,
$159,309 00
14,250 00
5,600
120,650
21,190
990
3,150
42,307
1,450
29
667
15
386
300
201
2
147
25
8,145
00
00
00
00
11
12
12
00
75
71
16
00
00
00
33
00
78
$378,816 08
R e co n cilia tio n o f Share A ccou n t w ith Dues
and P rofits Capital.
Date of Issue. Series.
Apr. 1898
Oct. 1898
Apr. 1899
Oct. 1899
Apr. ,1900
Oct. 1900
Apr. 1901
Oct. 1901
Apr. 1902
Oct. 1902
Apr. 1903
Oct. 1903
Apr. 1904
Oct. 1904
Apr. 1905
Oct. 1905
Apr. 1906
Oct. 1906
Apr. 1907
Oct. 1907
Apr. 1908
Oct. 1908
Apr. 1909
Oct. 1909
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
Value
$199
187
176
165
154
143
133
124
114
105
96
87
79
70
62
55
47
40
33
26
19
13
7
1
51
74
28
20
41
99
88
07
53
28
29
55
11
90
94
20
71
44
37
51
85
38
10
00
Shares
42
21
48
18
301
521
266
575
544
366
609
588
559
418
473
519
624
552
834
1,073
1,381
1,410
1,562
1,147
$8,379
3,942
8,461
2,973
46,477
75,018
35,612
71,340
62,304
38,532
58,640
51,479
44,222
29,636
29,770
28,648
29,771
22,322
27,830
28,445
27,412
18,865
11,090
1,147
42
54
44
60
41
79
08
25
32
48
61
40
49
20
62
80
04
88
58
23
85
80
20
00
D is b u r s e m e n t s .
Dues capital withdrawn
Dues capital forfeited
Dues capital retired .
Dues capital matured
Profits capital withdrawn .
Profits capital forfeited
Profits capital retired
Profits capital matured
Real estate loans
Share loans
Real estate by foreclosure .
Interest .
.
.
.
Temporary expense
Forfeited share account
Security committee
Profit and loss .
Taxes and insurance paid .
Suspense account
Cash on hand Oct. 30, 1909
142,883
514
14,149
3,892
7,088
63
4,097
1,697
239,550
25,150
16,025
474
1,742
386
192
2
2
55
20,850
00
00
00
00
97
09
40
74
00
00
99
30
43
16
32
00
00
00
68
$378,816 08
D a t e o p E x a m in a t i o n , March 31, April 1, 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Suspense dues
Dues paid in advance
10 00
462 00
$762,798 03
Dues capital
Profits capital
Unpaid dues
$629,993 00
128,213 03
4,592 00
$762,798 03
278
REPORT
OF T H E
[Pub. Doc.
W O R K IN G M E N ’S C O -O P E R A TIV E B A N K , BOSTON.
101 TEEM ON T STREET.
Incorporated June 9, 1880.
J a m e s D. M c L e l l a n , President.
Began business June 11, 1880.
F r a n k E. B u r b a n k , Secretary. F r a n k E. B u r b a n k , Treasurer.
Board of Directors: A. T. B a k e r , D. M. B l a i r , J. M. B l a is d e l l , J. E. G a s k i n , F E G o r d o n
S. N. M i l l e r , J. B. N e a g l e , C. M. N ic h o l s , G. S. N o w e l l , R. J. R o d d a y , H. A. R o o t , A P ’
S t o n e , E. W . V i n a l , W il l ia m W a l d e n , J. W . W e b b , W . C. W r y e .
Security Committee: J. E. G a s k i n , S. N . M i l l e r , C. M. N i c h o l s , R. J. R o d d a y , H . A . R o o t .
Regular meetings for receipt of moneys the second Friday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets.
Loans on real estate .
Loans on shares
Common form mortgages
Real estate by foreclosure, etc.
Permanent expense account
Temporary expense account
Personal accounts
Cash and cash items .
$2,056,518
45,450
2.314
3,165
1,605
1,328
36
74,023
34
00
00
75
28
03
11
51
L iabilities.
Dues capital
Profits capital .
Guaranty fund .
.
.
Surplus
.
.
.
.
Interest .
.
.
.
Fines
.
.
Forfeited share account
Matured share account
Security committee
Profit and loss .
.
.
Personal account
.
.
$2,184,441 02
00
12
00
40
68
10
82
62
50
28
50
$2,184,441 02
Shares.
Issued during year
Withdrawn during year
Forfeited during year
Matured during year .
In force Oct. 30, 1909
Pledged Oct. 30, 1909
$1,849,327
268,596
33,200
15,304
.
11,481
127
616
4,852
582
265
87
M em bersh ip.
.
.
15,428
10,937
132
466
. 47,168
. 12,249
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
.
1,249
885
5,220
1,063
Profits D istributed.
First term, l 3Ae%', second term, 194a% ; third
term, l sA e% ; fourth term, V/r,%
Proportion of profits retained on voluntary withdrawals, none.
Rates and Averages on Loans, O ctober 30, 1909.
979 real estate loans (average, $2,100.63 each; average rate, 5 .0 9 % ) ; 5 % , $1,805,618 34; 5 } % ,
$62,600; 5 i% , $48,500; 5 f % , $36,100; 6 % , $80,100; 6 i% , $9,700; 6 i% , $8,000; 6 f % ,
$2,900; 7 % , $1,800; 7 i % , $1,200.
194 share loans (average, $234.27 each; average rate, 5 .3 2 % ) : 5 % , $25,850; 5 1 % , $5,400; 5 i % .
$3,400; 5 1% , $650; 6 % , $8,350; 61% , $1,100; 6 i % , $250; 6 f % , $450.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
............................................$5,549.44
............................................
2.54
Other Expenses.
$2,400.49
1.10
Total.
$7,949.93
3.6 4
BANK
N o. 8.]
R eceipts an d D isbursem ents, Year ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
Real estate loans eliminated by
foreclosure
.
Real estate loans eliminated by
maturity of shares .
Real estate loans repaid
Share loans repaid
Mortgages
.
Real estate by foreclosure .
Interest .
Fines
Office furniture .
Temporary expense .
Forfeited share account
Profits capital .
Matured share account
Personal accounts
.
Security committee .
Insurance
.
Cash on hand Oct. 31, 1908
$536,704 00
14,900 00
10,700
316,041
30,850
3,734
13,024
106,847
4,330
231
7
478
19
82,338
2,984
835
5,154
18,846
00
66
00
72
61
34
75
20
12
28
92
42
65
50
07
51
$1,148,028 75
D isb u r s e m e n t s.
Dues capital withdrawn
Dues capital forfeited
Dues capital matured
Profits capital withdrawn
Profits capital forfeited
Profits capital matured
Real estate loans
Share loans
Mortgages
Real estate by foreclosure
Interest
Temporary expense .
Permanent expense
Forfeited share account
Insurance
Matured share account
Personal accounts
Surplus
Fines
Security committee .
Cash on hand Oct. 30, 1909
279
COM M ISSIONER.
$284,310
1,569
69,302
34,695
146
24,158
506,475
41,250
74
16,102
351
7,435
595
144
5,154
77,685
2,846
344
6
1,357
74,023
00
00
00
42
51
59
00
00
61
86
78
05
00
79
07
95
40
33
38
50
51
$1,148,028 75
R econ cilia tion o f Share A ccou n t w ith Dues
and Profits Capital.
Value
Date of Issue. Series. per Share.
45 $200 65
June 1897
195 26
46
Sept. 1897
47
189 98
Dec. 1897
184 76
48
Mar. 1898
179 57
49
June 1898
174 45
50
Sept. 1898
169 42
51
Dec. 1898
52
164 47
Mar. 1899
53
159 52
June 1899
154 69
54
Sept. 1899
55
149 93
Dec. 1899
145 22
56
Mar. 1900
140 56
57
June 1900
58
135 97
Sept. 1900
59
131 43
Dec. 1900
60
126 96
Mar. 1901
122 52
61
June 1901
118 14
62
Sept. 1901
63
113 81
Dec. 1901
64
109 54
Mar. 1902
105 33
65
June 1902
101 18
66
Sept. 1902
97 06
67
Dec. 1902
93 00
68
Mar. 1903
88 99
69
June 1903
70
85 02
Sept. 1903
81 11
71
Dec. 1903
77 22
72
Mar. 1904
73 37
73
June 1904
74
69 59
Sept. 1904
65 82
75
Dec. 1904
62 12
76
Mar. 1905
58 45
77
June 1905
54 81
78
Sept. 1905
51 22
79
Dec. 1905
47 68
1906
80
Mar.
44 17
81
June 1906
40 70
82
Sept. 1906
37 28
83
Dec. 1906
33 89
84
Mar. 1907
30 54
85
June 1907
27 22
86
Sept. 1907
23 94
87
Dec. 1907
20 69
88
Mar. 1908
17 48
89
June 1908
14 31
90
Sept. 1908
11 18
91
Dec. 1908
92
8 08
Mar. 1909
93
5 02
June 1909
2 00
94
Sept. 1909
Shares
Total Value.
in Force.
$25,482 55
127
113
22,064 38
154
29,256 92
13
2,401 88
189
33,938 73
190
33,145 50
37,780 66
223
207
34,045 29
229
36,530 08
240
37,125 60
32,534 81
217
. 335
48.648 70
197
27,690 32
274
37,255 78
329
43,240 47
60,432 96
476
254
31,120 08
40,994
347
58
545
62,026 45
568
62 218 72
305
32,125 65
540
54,637 20
544
52,800 64
529
49,197 00
473
42,092 27
549
46,675 98
832
67,483 52
742
57,297 24
523
38,372 51
669
46,555 71
1,108
72,928 56
991
61,560 92
943
55,118 35
50,041 53
913
899
46,046 78
1,345
64,129 60
1,027
45,362 59
1,488
60,561 60
1,437
53,571 36
64,763 79
1,911
1,535
46,878 90
1,615
43,960 30
1.838
44,001 72
2,254
46,635 26
1,973
34,488 04
2,446
35,002 26
2,930
32,757 40
3,438
27,779 04
2,947
14,793 94
3,197
6,394 00
3,884 00
Dues paid in advance
$2,135,832 12
Dues capital
Profits capital
Unpaid dues
.
.
$1,849,327 00
268,596 12
17,909 00
$2,135,832 12
D a t e o f E x a m in a t i o n , MarchJ24, 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
280
REPORT
OF T H E
[Pub. Doc.
W E E N T H A M CO -O P E R A TIV E B A N K , W R E N T H A M .
SOUTH STREET.
Incorporated February 26, 1901.
Began business March 13, 1901.
E l b r id g e J. W h i t a k e r , President.
J a m e s E . C a r p e n t e r , Secretary.
J a m e s E . C a r p e n t e r , Treasurer.
B°
C
^
« n
L ' B l a t c h f o r d , C. E. B r o w n H. A. C o w e l l , D. S. F a r r in g t o n , G. W .
G i l m o r e , O. J. G o o d s p e e d , B . J. P e r r o n s , L. F . P e r r y , D. S. S t o n e , A r t e m a s W i l l a r d .
Security Committee: H. A. C o w e l l , L. F. P e r r y , A r t e m a s W
il l a r d .
Regular meetings for receipt of moneys the second Wednesday of each month.
STATEM EN T OF CONDITION, OCTOBER 30, 1909.
Assets
Loans on real estate .
Loans on shares
Permanent expense account
Insurance and taxes paid
Cash
Liabilities.
.
$31 920 80
2,220 00
38 20
10 00
2,287 31
Dues capital
Profits capital .
Guaranty fund .
Surplus
.
.
.
Interest
.
.
.
Fines
.
.
.
Withdrawal profits
.
.
.
.
$36,476 31
00
12
65
30
05
32
87
$36,476 31
Shares.
Issued during year
Withdrawn during year
In force Oct. 30, 1909
Pledged Oct 30, 1909
$30,095
4,842
108
979
432
8
10
Membership.
146
83
637
204
Added during year
Withdrawn during year
Members Oct. 30, 1909
Borrowers Oct. 30, 1909
16
5
115
38
Profits Distributed.
First term, 2 J % ; second term, 2 £% .
Proportion of profits retained on voluntary withdrawals, 25 % .
R ates and Averages on Loans, October 30, 1909.
33 real estate loans (average, $967.30 each; average rate, 6 % ) : 6 % , $31 920 80
5 share loans (average, $440 each; average rate, 6 % ) : 6 % , $2,220.
T otal Expenses for Year.
Amount paid for
Cost per $1,000 of assets
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Salaries.
$50.00
1-37
Other Expenses.
$5.50
.15
Total.
$55.50
1.52
BANK
No. 8.]
R eceipts and D isbursem ents, Y ear ending
October 30, 1909.
R e c e ip t s .
Dues capital
.
.
.
.
Real estate loans repaid
Share loans repaid
Interest .
.
.
.
.
Fines
.
.
.
.
.
Withdrawal profits
Cash on hand Oct. 31, 1908
$7,428
3,350
' 174
2,113
76
89
622
00
00
95
12
80
65
06
$13,854 58
D is b u r s e m e n t s .
Dues capital withdrawn
Profits capital withdrawn .
Real estate loans
Share loans
.
.
.
.
Temporary expense .
Permanent expense .
Cash on hand Oct. 30, 1909
281
CO M M ISSION ER
$3,193
364
7,700
250
55
4
2,287
00
77
00
00
50
00
31
$13,854 58
R e co n cilia tio n of Share A ccou n t w ith Dues
and Profits Capital.
Shares
Value
Date of Issue. Series. per Share. in Force. Total Value.
$11,441 84
1 $128 56
89
Mar. 1901
2
16
1,915 84
119 74
Sept. 1901
1902
111
18
1,998 54
Mar.
03
3
4
102 44
25
2,561 00
Sept. 1902
94
14
Mar. 1903
5
06
1,316 84
14
1,202 32
85 88
6
Sept. 1903
2,103 30
Mar. 1904
7
77 90
27
8
70 12
1,753 00
25
Sept. 1904
62 53
2,313 61
Mar. 1905
9
37
11
606 32
10
55 12
Sept. 1905
11
42
2,011 38
Mar. 1906
47 89
12
40 84
31
1,266 04
Sept. 1906
Mar. 1907
13
33 96
37
1,256 52
14
27 25
47
1,280 75
Sept. 1907
621 00
20 70
30
Mar. 1908
15
14 31
50
715 50
16
Sept. 1908
54
Mar. 1909
17
8 08
436 32
2 00
70
140 00
18
Sept. 1909
Dues paid in advance
93 00
$35,033 12
Dues capital
Profits capital
Unpaid dues
.
$30,095 00
4,842 12
96 00
$35,033 12
D a t e o f E x a m in a t i o n , November 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STATEMENTS
OF
COLLATERAL LOAN ASSOCIATIONS.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
. . .
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C H A T TE L L O A N CO M PA N Y, BOSTON.
257 WASHINGTON STREET, ROOMS 9, 10.
Incorporated May 16, 1907.
Office hours, 8 .3 0
Agency
Agency
Agency
Agency
Agency
a .m .
to 5 .3 0
p .m .
178 Washington Street, Room 6. Office hours, 8 .3 0 a .m . to 5 .3 0 p . m .
198 Washington Street, Room 9. Office hours, 8 .3 0 a . m . to 6 p . m .
406 Washington Street, Rooms 9, 10. Office hours, 9 a .m . to 6 p . m .
611 Washington Street, Rooms 314, 315. Office hours, 9 a . m . to 6 p .m .
10 State Street, Room A. Office hours, 8 .3 0 a . m . to 6 p . m .
Business authorized by the charter: — “ for the purpose of loaning money upon pledge or mortgage
of personal property, or upon safe security or securities of any kind, that may be approved
by the board of directors.”
President, J o h n W . O ’M e a l e y .
Treasurer, A l l a n A . H o o k e b .
Directors: E d w a b d R. T o l f e e e , D a n i e l M o w l e s , A l l a n A . H o o k e b .
A l b e r t S. A p s e y , Director for State.
J o h n W . O ’M e a l e y , Director for City of Boston.
BALANCE SHEET, OCTOBER 30. 1909.
L iabilities.
A ssets.
Loans outstanding
Expense account
Dues from agents
$53,086 45
5,143 67
18,016 10
$50,000 00
6,048 36
20,197 86
Capital stock
Interest
Due to agents
$76,246 22
$76,246 22
Total number of loans
.
.
.
.
.
Average amount of each loan .
.
.
.
Number of loans $10 and under
.
.
.
Longest credit given
.
.
.
.
.
Average length of credit taken by pledgers
.
Total amount loaned out during year
.
.
Total amount of loans paid in same period
.
Dividends paid during year
.
.
.
.
Number of forfeited pledges sold at auction during
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
.
.
year
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
39,389
$13 75
11,534
12 months.
about 60 days.
$540,874 02
518,298 76
.
None.
None.
286
REPORT
OF
THE
[Pub. Doc.
CO LL A T E R A L L O A N C O M PA N Y, BOSTON.
100 BOYLSTON STREET.
Incorporated April 5, 1859.
Office hours, 9
a .m .
to 4
p .m .
Business authorized by charter and amendments thereto: — “ Loaning upon pledge of safe securities
of every kind and upon mortgage of goods and chattels.”
President, F r a n c is D. C o b b .
Cashier, G e o r g e E. H a l l , Jr.
Directors: F r a n c is D. C o b b , J o h n P. L y m a n , W
George R .
J o h n F . M o o r s , Director for State.
il l ia m
Jew ett.
C o b b , H e r b e r t W . K im b a l l ,
R o b e r t F . C l a r k , Director for City of Boston.
BALANCE SHEET, OCTOBER 30, 1909.
Assets
Loans outstanding
Cash on hand
Expense .
General interest
State tax .
L iabilities.
$1,123,383
21,427
21,747
2,243
17,350
11
23
00
69
00
$500,000
475,000
50,000
5,350
111,531
124
44,145
Capital stock
Reserve fund
Notes payable .
Auction reserve
Interest _.
Unpaid dividends
Profit and loss .
$1,186,151 03
Total number of loans
.
.
.
.
.
.
Average amount of loans .
.
.
.
.
.
Number of loans $10 and under
.
.
.
.
Longest credit given
.
.
.
.
.
.
Average length of credit taken by pledgers
Total amount loaned out during year 1909
Total amount of loans paid in same period
Dividends paid in the year
.
.
.
.
.
Percentage of forfeited pledges sold at auction in the year
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
04
00
00
99
$1,186,151 03
.
.
.
.
106,370
$23 36
53,501
19 months.
5 months.
$2,484,478 31
2,479,918 87
10 per cent.
1.3 6
BANK
No. 8.'
CO M M ISSION ER.
287
W O R C E S T E R C O LLATER AL L O A N A SSO C IATIO N ,
W O R C E ST E R .
390 M A IN STREET, ROOMS 515, 517, 518.
Incorporated April 17, 1896.
Office hours, 9
a .m .
to 5
p .m .
except Saturdays, 9
a .m .
to 1
p .m .
Business authorized by charter: — “ for the purpose of loaning money upon pledge or mortgage of
goods and chattels, or safe securities of every kind.”
President, H e n r y L. P a r k e r .
Treasurer, C h a r l e s E. B u r n h a m .
Directors: H e n r y L. P a r k e r , C h a r l e s E . B u r n h a m , G e o r g e E. C o p e l a n d , A. L. D. B u x t o n ,
L ym an A . E ly.
J o h n T. B r i e r l y , Director for State.
D a n i e l P a r l i n , Director for City of Worcester.
BALANCE SHEET, OCTOBER 30, 1909.
Assets
Cash
.
.
.
Mortgage loans .
.
Loans on pledges
Suspense account
Office furniture .
.
Foreclosed furniture .
Foreclosed pledges
.
L iabilities.
.
.
.
.
.
.
.
$4,045
72,849
13,130
440
1,363
1,315
1,646
57
43
18
31
26
05
22
$69,200
9.000
689
137
6.000
354
2,000
1,000
2,076
4,333
Capital stock
Guaranty fund .
Fire risk fund
Bad debt fund .
Notes payable .
Sales account
Auction reserve fund
Insurance fund .
Dividend No. 26
Undivided profits
$94,790 02
$94,790 02
M ortgage
D epartm ent.
Total number of loans
Average amount of each loan
Number of loans $10 and under
Longest credit given
Average length of credit taken by pledgers
Total amount loaned during year ending Oct. 30, 1909
Total amount of loans paid during same period
Dividends paid in the year
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
13
46
00
25
00
00
00
18
591
$89 00
None
5 years
3 years
$53,128 27
43,473 06
6 per cent.
P ledge
D epartm ent.
925
$22 70
414
12 months
6 months
$21,097 28
19,655 18
288
REPORT — B A N K
CO M M ISSION ER.
[Pub. Doc. No. 8.
W O R K IN G M E N ’ S L O A N ASSO C IA T IO N , BOSTON.
1 BEACON STREET, ROOMS 65, 67, 68.
Incorporated March 8, 1888.
Office hours, 9
a .m .
to 5
p . m .;
Saturdays, 9
a .m .
to 1.30
p .m .
Business authorized by charter: — “ for the purpose of loaning money upon pledge or mortgage
of goods and chattels or of safe securities of every kind, or upon mortgage of real estate.”
President, R o b e r t T r e a t P a i n e .
Treasurer, R o b e r t T r e a t P a i n e , 2 d .
Vice-President, F r a n c is B . S e a r s .
Clerk, A r t h u r L y m a n .
Directors
:
E d m u n d B i l l i n g s , H e n r y B . C a b o t , A r t h u r S. J o h n s o n , J o s e p h L e e , A r t h u r
L y m a n , H e r b e r t L y m a n , J o h n F . M o o r s , R o b e r t T r e a t P a i n e , J r., F r a n c is B . S e a r s ,
J o h n H . St o r e r .
S a m u e l C a r r , Director for State.
J o h n S. S l a t e r , Director for City of Boston.
BALANCE SHEET, OCTOBER 30, 1909.
Assets.
Loans
.
.
.
Expense .
.
.
Cash on hand
One-half State tax
.
.
L iabilities.
.
$213,886
1,290
16,933
1,192
56
89
18
81
Capital stock
Notes payable .
Profit and loss .
Interest .
.
.
Undivided profits
Risk fund .
.
.
Guaranty fund .
$233,303 44
Total number of loans
Average amount of each loan
Number of loans $10 and under .
Longest credit given .
Average length of credit taken by pledgers
Total amount loaned out during year ending Oct 30, 1909
Total amount of loans paid in same period
Dividends paid in the year
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
$125,000
20,000
494
2,033
4,122
6,308
75,343
00
00
71
52
92
81
48
$233,303 44
.
.
.
3,715
$57 00
none
12 years
between 1 and 2 years
.
. $170,297 16
.
176,304 88
6 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STATUTES
R E L A T IN G TO
C O -O P E R A T IV E B A N K S .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STATUTES
RELATING TO
CO-OPERATIVE BANKS.
[C h apter 114 o f the R evised L aw s and A cts supplem entary th ereto.]
S e c t io n 1.
No person, and no association or corpora Co-operative
banks to be
tion, except foreign associations and corporations duly incorporated.
1889, 452, §§ 1,3.
licensed by the board o f commissioners o f savings banks 1890,310, §§ 1,4.
1896, 286.
prior to the fourteenth day o f April in the year eighteen 149
Mass. 167.
hundred and ninety-six to transact business in this com
monwealth, shall transact the business o f accumulating
the savings of its members and loaning to them such accu
mulations in the manner o f a co-operative bank, unless
incorporated in this commonwealth for such purpose.
W h oever violates any provision o f this section shall be
punished by a fine of not more than one thousand dollars,
and the supreme judicial court or the superior court shall
have jurisdiction in equity to enforce the provisions of
this section.
S e c t io n 2.
Twenty-five or more persons, who asso Formation.
1854, 454.
ciate themselves by an agreement in writing with the G. S. 58.
1877, 224, § 1.
intention o f forming a corporation for the purpose of P. S. 117, § 1.
243.
accumulating the savings o f its members paid into such 1890,
1906, 204.
corporation in fixed periodical instalments and loaning to
its members the funds so accumulated, shall, with the
consent o f the board o f commissioners o f savings banksv
become a corporation upon complying with the provisions
o f the following section.
The powers and duties conferred upon the hoard o f
commissioners o f savings hanks hy the provisions o f the
above section are now vested in the hoard o f hank incor
poration.
See section 4 o f chapter 5 9 0 , A cts o f 1 9 0 8 ,
printed on page xviii.
[
]
The provisions o f sections fifteen to twenty,
inclusive, of chapter one hundred and ten shall apply to
such corporations, except that the agreement of associa
tion shall also state the limit o f capital to be accumulated,
that, in the certificate signed by the secretary of the com
monwealth, the limit of capital to be accumulated as fixed
S e c t io n 3 .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Organization.
1877, 224, §§ 2, 4.
P. S.117, §§ 2,4.
vi
Capital.
Issue of stock,
etc.
1877, 224, § 5.
P. S. 117, § 5.
1887, 216, § 1.
149 Mass. 167.
1903, 147, § 1.
Shares issued
to minors and
shares held in
trust.
1887, 216, § 3.
By-laws.
Officers.
1877, 224, §§ 6,
16.
P. S. 117, § 6.
1885, 121, § 1.
1901, 123.
Treasurer,
duties.
Bond.
A P P E N D IX .
in the agreement of association shall be inserted instead
of the amount of capital, that the certificate required by
section twenty o f said chapter to be filed and recorded
may be signed and sworn to by the presiding and financial
officers and a majority at least o f the officers who possess
the powders of directors, by whatever name they may be
called, and that the fees to be paid for filing and record
ing the certificates required by said section twenty, includ
ing the issuing o f the certificate o f organization, shall be
five dollars.
S e c t io n 4 .
The capital to be accumulated shall be
divided into shares o f the ultimate value of two hundred
dollars each.
The shares may be issued in quarterly,
half-yearly or yearly series, in such amounts and at such
times as the members m ay determine. N o person shall
hold more than twenty-five shares in the capital o f one
such corporation.
No shares o f a prior series shall be
issued after the issue of a new series.
S e c t io n 5 .
Shares may be issued in the name of a
minor, and m ay, in the discretion of the directors, be
withdrawn as provided in section nine by such minor or
by his parent or guardian, and in either case payments
made on such withdrawals of shares shall be valid.
If
shares are held in trust the name and residence o f the
beneficiary shall be disclosed and the account shall be
kept in the name of such holder as trustee for such per
son.
I f no other notice o f the existence and terms of
such trust has been given in writing to the corporation,
such shares m ay, upon the death o f the trustee, be with
drawn by the person for whom such deposit was made or
by his legal representatives.
S e c t io n 6.
The number, title, duties and compensa
tion o f the officers o f the corporation, their terms o f office,
the time o f their election, the qualifications of electors and
the time o f each periodical meeting o f the officers and
members shall be determined by the by-laws.
The by
laws may also provide for the election o f the secretary and
treasurer either by the shareholders or by the board o f
directors. N o member shall be entitled to more than one
vote at any election.
A ll officers shall continue in office
until their successors are duly elected.
The offices o f
secretary and treasurer may be held by the same person.
S e c t io n 7.
The treasurer shall dispose of and secure
the safe keeping o f all m oney, securities and property of
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Federal Reserve Bank of St. Louis
APPENDIX.
the corporation, in the manner designated by the by-laws,
and the treasurer and seeretary shall give, subject to the
provisions of section fifteen o f chapter one hundred and
thirteen, such bond for the faithful performance o f their
respective duties as the by-laws may require.
S e c t io n 8 .
The officers shall hold stated m o n t h ly
meetings at any place in the city or town in which the
bank is located. A t or before each such meeting every
member shall pay to the corporation as a contribution to
its capital one dollar as dues upon each share held by him
until the share reaches the ultimate value of two hundred
dollars, or is withdrawn, cancelled or forfeited. Payment
o f dues on each series shall commence from its issue.
S e c t i o n 9.
A member may withdraw his unpledged
shares, after giving thirty days’ notice o f his intention so
to do, written in a book held and provided by the corporation for such purpose. Upon such withdrawal such
shareholder shall be paid the balance remaining after deducting from the amount then standing to the credit o f
the shares all fines, a proportionate part of any unadjusted
loss, and such proportion o f the profits previously credited
to the shares as the by-laws may provide ; but at no time
shall more than one half o f the funds in the treasury be
applicable to the demands o f withdrawing members with
out the consent o f the directors.
The directors may,
under rules made by them and approved by the board o f
commissioners o f savings banks, retire the unpledged
shares o f any series after four years from the date o f thenissue, by enforcing the withdrawal o f the same, and the
shares to be retired shall be determined by lot, and the
holders thereof shall be paid the full value o f their shares,
less all fines and a proportionate part of any unadjusted
loss. W henever shares are retired between the dates of
adjustment o f profits, interest shall be paid upon the full
value of the shares for all full months from the date of
the preceding adjustment to the date o f retirement, at the
rate at which profits were distributed at said adjustment.
Shares pledged for share loans shall be treated as un
pledged shares.
The board o f commissioners o f savings banks, when
ever in its judgment it is necessary for the welfare of the
shareholders in any co-operative bank, may order the
retirement o f shares in any series after five years from
the date o f issue, and it shall be the duty of the board o f
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Federal Reserve Bank of St. Louis
V ll
is77,224, § u.
isos,'247,’§§i^
Monthly meet-
S?7%-24,u§§5,
lsli, 271, § 1 ,
p1; 1 .117> § 7<
1900>249-
^ ¡ ! ^ rawalof
gg* g}. 11°ci.3’.
1882 ,' 2 5 1 ,’
149
f 1 '.
mI mA ot.
1903, 95’ § L
A P P E N D IX .
viii
Shares, when
matured.
1881, 271, § 1,
cl. 3.
P. S. 117, § 9.
1882, 251, § 1.
1887, 216, § 5.
1898, 247, § 3.
1903, 95, § 2.
Loans of
money; invest
ments.
1877, 224, § 7.
1881, 271, § 1,
cl. 4.
P. S. 117, § 10.
1882, 251, § 2.
1890, 78.
1896, 277.
Premiums.
1877, 224, § 12.
P. S. 117, § 11.
directors, in the manner hereinbefore provided, to comply
with the order o f said board.
S e c t io n 1 0 .
W h en each unpledged share of a given
series reaches the value of two hundred dollars, all pay
ments o f dues thereon shall cease, and the holder thereof
shall be paid out of the funds of the corporation two hun
dred dollars; but at no time shall more than one half of
the funds in the treasury be applicable to the payment of
such matured shares without the consent of the directors.
I f any series o f shares, pledged or unpledged, reaches
maturity between the dates of adjustment o f profits, the
holders of such shares shall, in addition to the value
thereof, receive interest for all full months from the date
of the preceding adjustment to the time of payment, at
the rate at which profits were distributed at said adjust
ment ; but before the payment of matured shares all
arrears and fines shall be deducted.
S e c t i o n 11. The money accumulated, after due allow
ance for all necessary expenses and the cancellation of
shares, shall, at each stated m onthly meeting, be offered
to the members according to the premiums bid by them
for priority of right to a loan, or, if the corporation so
provides in its by-laws, the bid for loans shall, instead of
a premium, be a rate of annual interest payable in monthly
instalments upon the amount desired.
Such bids shall
include the whole interest to be paid and may be at any
rate not less than five per cent per annum. Each mem
ber whose bid is accepted shall be entitled, upon giving
proper security, to receive a loan of two hundred dollars
for each unpledged share held by him, or such fractional
part of two hundred dollars as the by-laws may allow.
I f any money so offered for sale remains unsold, the
directors may invest it in any o f the securities named in
the second clause o f section twenty-six o f chapter one
hundred and thirteen, or may loan it upon first mortgages
o f real estate situated in this commonwealth, upon the
conditions imposed by this chapter, or upon the shares
o f the bank to an amount not exceeding their value at the
adjustment last preceding the time of the loan ; but in
either case the loan shall be at the highest rate at the last
preceding monthly sale o f m oney, and a note shall be
given as required by section fourteen.
S e c t i o n 12.
Premiums for loans shall consist o f a
percentage charged on the amount loaned in addition to
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Federal Reserve Bank of St. Louis
A P P E N D IX .
interest, and shall be a consideration paid by the borrower
for the present use and possession of the future or ultimate
value of his shares, and shall, with interest and tines, be
received by the corporation as a profit on the capital
invested in the loan, and shall be distributed to the various
shares and series of said capital as hereinafter provided.
S e c t i o n 13.
A borrowing member, for each share bor
rowed upon, shall, in addition to his dues and monthly
premium, pay monthly interest on his loan at the rate of
six per cent per annum until his shares reach the ultimate
value of two hundred dollars each, or the loan has been
repaid; and when said ultimate value is reached, said
shares and loan shall be declared cancelled and satisfied,
and the balance, if any, due upon the shares, shall be paid
to the member.
S e c t i o n 14. For every loan made a note shall be given,
accompanied by a transfer and pledge of the shares o f the
borrower, and secured by a mortgage o f real estate situated
in this commonwealth and unencumbered by any mortgage
or lien other than such as may be held by the bank mak
ing the loan.
The shares so pledged shall be held by the
corporation as collateral security for the performance of
the conditions o f said note and mortgage.
Said note and
mortgage shall recite the number of shares pledged and
the amount of money advanced thereon, and shall be con
ditioned for the payment at the stated meetings o f the
corporation o f the monthly dues on said shares, and the
interest and premium upon the loan, with all fines on pay
ments in arrears, until said shares reach the ultimate value
o f two hundred dollars each, or said loan is otherwise can
celled and discharged ; provided, however, that the direc
tors may accept the shares as sufficient security for loans
to an amount not exceeding their value at the adjustment
last preceding the time of the loan.
I f the borrower neglects to offer security satisfactory to
the directors within the time prescribed by the by-laws,
his right to the loan shall be forfeited, and he shall be
charged with one month’s interest and one month’s pre
mium at the rate bid by him, with all expenses incurred ;
and the money appropriated for such loan may be re
loaned at any subsequent meeting.
S e c t i o n 15.
I f a member purchases money at a lower
rate than that paid by him on an existing loan, secured by
a mortgage, for the purpose by him declared o f reducing
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Federal Reserve Bank of St. Louis
IX
Interest.
1881, 271, § 1,
cl. 3.
P. S. 117, § 12.
Security.
1877, 224, § 8.
1881, 271, § 1,
c l . 1.
P. S. 117, § 13.
1889, 159, § 1.
1894, 342, § 1.
Effect of new
loans on ex
isting mort
gage.
1894, 342, § 2.
APPENDIX.
X
Payment of
loans.
1877, 2-24, § 11.
P. S. 117, § 14.
Partial pay
ments of loans
on real estate.
1887, 216, § 4.
1906,280.
Pines, forfeit
ure of shares.
1877, 224, § 13.
P .8 .1 17 , §15.
1896, 285.
the premium or rate o f interest upon said loan, a new
mortgage shall not be required, but an agreement in writ
ing for the reduction of said premium or rate o f interest,
signed by said borrowing member and the secretary of
the bank, with the written approval o f the president, shall
be valid, and shall not impair or affect the existing mort
gage ; and thereafter said borrowing member shall make
the monthly payments on said loan in accordance with
the terms of said agreement, and the amount o f money
previously so purchased by him may be resold by the
bank at the same meeting. The borrower shall before the
sale give written notice to the secretary o f his intention
to re-buy his m oney. The provisions o f this section shall
not exempt the re-borrower from paying the interest and
premium for the current month on the loan made by him
for the substitution of which the new loan is made.
S e c t i o n 16. A borrower may repay a loan at any time,
upon application to the corporation, whereupon, on settle
ment o f his account, he shall be charged with the full
amount of the original loan, with all monthly instalments
o f interest, premium and fines in arrears, and shall be
given credit for the withdrawing value of his shares pledged
and transferred as security; and the balance shall be re
ceived by the corporation in full satisfaction o f said loan.
A ll settlements made between stated meetings o f the direc
tors shall be made as o f the date o f the stated meeting
next succeeding such settlement. A borrower who desires
to retain his shares and membership may repay his loan
without claiming credit for said shares, whereupon said
shares shall be transferred to him, free from any claim on
account o f said cancelled loan.
S e c t i o n 17. Partial payments o f loans shall be received
in amounts o f fifty dollars or a multiple thereof, and pay
ments o f a less amount may be received in such amount
as may be fixed by the by-law s.
For each two hundred
dollars so repaid upon a real estate loan one share o f stock
shall be released from pledge.
S e c t i o n 18.
Members who make default in the pay
ment o f their monthly dues, interest and premiums, shall
be charged a fine not exceeding two per cent a month on
each dollar in arrears. No fines shall be charged after the
expiration of six months from the first lapse in any such
payment, nor upon a fine in arrears.
The shares o f a
member who continues in arrears more than six months
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Federal Reserve Bank of St. Louis
A P P E N D IX .
shall, at the option o f the directors, if the member fails
to pay the arrears within thirty days after notice, be de
clared forfeited, and the withdrawing value o f the shares
at the time o f forfeiture shall be ascertained, and, after
deducting all lines and other legal charges, the balance
remaining shall be transferred to an account to be desig
nated the “ Forfeited Share A c co u n t” to the credit o f the
defaulting member.
Said member, if not a borrower,
shall be entitled upon giving thirty days’ notice to receive,
out o f the funds appropriated to the payment of with
drawals, the balance so transferred without interest from
the time o f the transfer, in the order in which such notices
are given.
A ll shares so forfeited or transferred shall
cease to participate in any profits of the corporation accru
ing after the adjustment and valuation o f shares last pre
ceding said forfeiture.
S e c t i o n 19.
I f a borrowing member is in arrears for
dues, interest, premium or fines for more than six months,
the directors may, after one month’s notice, declare the
shares forfeited if the arrears then remain unpaid.
The
account o f such borrowing member shall then be debited
with the arrears o f interest, premium and fines to date of
forfeiture, and the shares shall be credited upon the loan at
their withdrawing value. The balance o f the account may
and after six months shall be enforced against the security,
and be recovered as secured debts are recovered at law.
S e c t io n 2 0 .
No member whose shares are withdrawn,
forfeited or retired, shall be charged with fines upon such
shares in excess o f the profits distributed thereto, and if
no profits shall have been distributed to such shares no
fines shall be charged thereon.
The provisions of this
section shall not prevent a borrowing member being
charged with fines according to law upon interest and pre
miums in arrears.
S e c t i o n 21.
No co-operative bank, nor any person
acting in its behalf, shall take or receive a fee, brokerage,
commission, gift or other consideration for or on account
o f a loan made by or on behalf o f such corporation, other
than appears on the face of the note or contract by which
such loan purports to be made ; but the provisions o f this
section shall not apply to a reasonable charge for services
in the examination of property and titles and preparation
and recording o f conveyances to such corporation as
security for its loans. W h oever violates a provision of
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Federal Reserve Bank of St. Louis
xi
Recovery of
loan.
1877, 224, §§ 8,
13.
P. S. 117, § 16.
1882, 251, § 1.
1885, 121, § 4.
Fines on
shares with
drawn, etc.
1895, 172.
Bank or
officers not to
receive certain
fees.
1897,161.
APPENDIX.
X ll
Books of
account.
1877, 224, § 14.
1*. S. 117, § 17.
173 Mass. 54.
Distribution of
profits and
losses.
1877, 224, § 15.
1881, 271, § 1,
cl. 2.
P. S. 117, § 18.
Guaranty
fund.
1885, 121, § 2.
1903, 203.
this section shall be punished by a fine o f not less than
one hundred nor more than one thousand dollars.
S e c t i o n 22.
The general accounts o f every such cor
poration shall be kept by double entry.
A ll money re
ceived by the corporation from each member shall be
receipted for by persons designated by the directors, in a
pass book provided by the corporation for the use o f and
to be held by the member.
Said pass book shall be plainly
marked with the name and residence o f the holder thereof,
the number of shares held by him and the number or des
ignation of the series or issue to which said shares,
respectively, belong, and the date of the issue o f such
series. A ll money so received shall be originally entered
by the proper officer in a book to be called the “ cash
b ook,” to be provided by the corporation for the purpose,
and the entries therein shall show the name o f the payer,
the number o f shares, the number or designation o f the
series or issues o f the particular share or shares so entered,
with the amount of dues, interest, premiums and fines
paid thereon.
Each payment shall be classified and
entered in a column devoted to its kind.
Said cash book
shall be closed after the termination o f each stated meet
ing, and shall be an exhibit o f the receipts o f all money
paid at said meeting. A ll payments made by the corpora
tion shall be by order, check or draft upon the treasurer,
signed by the president and secretary and indorsed by the
persons in whose favor the same are drawn. The name
o f the payee, the amount paid and the purpose, object or
thing for which the payment is made, with its date, shall
be entered on the margin o f said order, check or draft.
S e c t io n 2 3 .
Profits and losses may be distributed
annually, semi-annually or quarterly to the shares then
existing, but shall be distributed at least once in each
year, and when a new series o f shares is to be issued.
Profits and losses shall be distributed to the various shares
existing at the time of such distribution, in proportion to
their value at that time, and shall be computed upon the
basis o f a single share fully paid to the date o f distribu
tion . Losses shall be apportioned immediately after their
occurrence.
S e c t i o n 24.
A t each distribution o f profits the direc
tors shall reserve as a guaranty fund not less than one nor
more than five per cent of the net profits accrued since
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Federal Reserve Bank of St. Louis
.
A P P E N D IX .
the last preceding adjustment, until such fund amounts
to five per cent o f the dues capital, which fund shall there
after be maintained and held, and shall at all times be
available to meet losses in the business o f the corporation
from depreciation o f its securities or otherwise.
S e c t i o n 25.
A corporation which carries on its books
as assets any unpaid interest, premiums or fines shall, at
each distribution o f profits, transfer at least five per cent
o f such items to the credit o f its surplus account until such
account amounts to at least twenty-five per cent o f the
total o f all such items existing at the time o f such distri
bution.
I f the amount in said surplus account falls below
said twenty-five per cent it shall be replenished by trans
fers as herein provided until it reaches said amount.
S e c t io n 2 6 .
Such corporation may purchase at public
or private sale real estate upon which it may have a mortgage, judgment, lien or other encumbrance, or in which
it may have an interest, and may sell, convey or lease the
real estate acquired by it and, on the sale thereof, may
take a mortgage in common form thereon to secure the
payment o f the whole or part o f the purchase price.
A ll
real estate shall be sold within five years from the acqui
sition of the title thereto ; but the board of commissioners
o f savings banks m ay, upon the petition of the security
committee o f such corporation and for cause, grant an
additional time for the sale of the same.
S e c t i o n 27.
A co-operative bank, except as provided
in section eight, shall carry on its usual business at its
office only, which shall be in the city or town named in
its agreement o f association. It shall not maintain a sig n
or advertise to transact business in any other p lace; but
the secretary or other person authorized to receive money
may receive dues, interest, premiums and fines upon such
days and in such other places as its board of directors may
authorize, subject to the approval of the board o f commis
sioners o f savings banks.
S e c t i o n 28.
The board o f commissioners o f savings
banks shall perform the same duties relative to every such
corporation, and shall have the same powers, as are required o f or given to them relative to savings banks, and
shall annually make report to the general court o f such
facts and statements relative to such corporations and in
such form as they consider the public interest requires.
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Federal Reserve Bank of St. Louis
xiii
surplus
1900" 273.
corporation
^tfrea/esteL.
ifs ’. n? § 19 .
S f } ^ §2- '
b o ’p. a . g .
4°L]
^ ss® of busi*
1900 / 249 .
Powers of
comm!ssionk
^ 79
12 9 .
p- s. m, § 20.
APPENDIX.
XIV
Foreign banks
not to do busi
ness, when.
1889, 452, § 1.
1890, 310, § 2.
1891, 403.
Annual
returns of
co-operative
banks.
1889, 159, § 2.
1895, 171.
Increase of
capital.
1903, 147, § 2.
E very officer o f such corporation shall answer truly all
inquiries made, and shall make all returns required by the
commissioners.
S e c t io n 2 9 .
If, in the opinion of the board of com
missioners o f savings banks, any foreign association or
corporation authorized to carry on the business o f a co
operative bank in this commonwealth is transacting such
business in a manner hazardous to the public, or its condi
tion is such as to render further proceedings by it haz
ardous to the public, said board shall revoke or suspend
the authority given to such association or corporation and,
if it is not authorized to carry on business in this common
wealth, said board shall notify it to cease the transaction
o f such business.
The provisions o f this chapter shall not
prevent a foreign co-operative bank from loaning money
upon mortgages of real estate located within this com
monwealth.
S e c t io n 3 0 .
Every co-operative bank shall annually,
within thirty days after the last business day of October,
make to the board o f commissioners o f savings banks in
such form as may be prescribed by it, a return, signed
and sworn to by the secretary and treasurer o f the corpo
ration, showing accurately the condition thereof at close
o f business on said day. The president and five or more
o f the directors shall certify and make oath that the report
is correct according to their best knowledge and belief.
Such returns shall include all amounts received and dis
bursed up to close o f business on said day, except that
amounts received for dues, interest, premiums and fines
on account o f the next monthly meeting may be omitted.
I f a report is defective or appears to be erroneous, the
board shall notify the bank to amend the same within fif
teen days.
A co-operative bank which neglects to make
the return required by the provisions of this section on or
before the time named therein, or to amend such report
within fifteen days, if notified by the board so to do, shall
forfeit five dollars for each day during which such neglect
continues.
S e c t i o n 3 1.
A bank may by vote o f a majority of
its members present and voting at a meeting duly called
for the purpose increase the limit o f capital to be accu
mulated by it as stated in its original agreement o f associa
tion and in its certificate o f organization, and within
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Federal Reserve Bank of St. Louis
A P P E N D IX .
xv
thirty days after such vote shall file in the office of the
secretary of the commonwealth a certificate of the amount
o f such increase and a statement o f such vote, signed and
sworn to b}r the presiding and financial officers and by a
majority at least of the officers who possess the powers of
directors, by whatever name they may be called. For
filing and recording such certificate of increase a fee of
one dollar shall be paid to the secretary of the common
wealth.
Upon the filing thereof the bank without any
further requirement shall be authorized to accumulate a
capital up to the increased amount designated in such vote.
[Chapter 292, Acts of 1904 ]
An A
ct
r e l a t iv e
to
loans
of
c o - o p e r a t iv e
banks.
S e c t io n 1.
No co-operative bank shall hereafter make
a loan secured by mortgage upon any one parcel o f real
estate, in excess o f five thousand dollars.
S e c t io n 2.
This act shall take effect upon its passage.
[Chapter 392, Acts of 1904.]
A n A ct
to
a u t h o r iz e
the
c o n s o l id a t io n
MORE CO-OPERATIVE BANKS
SAME CITY OR TOWN.
DOING
of
BUSINESS
tw o
or
IN THE
S e c t io n 1.
I f two or more co-operative banks doing
business in the same city or town desire to consolidate, a
special meeting o f the members of each o f said banks shall
lie called, and notice o f such special meeting and o f the
business to come before it shall be sent by the secretary
to each member by mail, postage prepaid, at least seven
days before the date o f said m eetin g; also by advertising
three times in one or more newspapers published in that
city or town, and if there be none such, then in a news
paper published in the county in which such city or town
is located, the last publication to be at least one day before
the said meeting ; and if two thirds or more of the members
of each of the banks intending to consolidate signify in
writing their approval o f the consolidation, and if two
thirds or more of the members o f each of said banks present
and voting at such special meeting vote in favor o f the
consolidation, then the board o f directors o f each bank
shall forthwith petition the board of commissioners of
savings banks for authority to consolidate in accordance
with the following provisions.
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Federal Reserve Bank of St. Louis
APPENDIX.
XVI
S e c t io n 2.
The said petition shall be in writing,
signed for and in behalf o f the board o f directors of each
bank by the president, secretary and treasurer of the bank,
and shall have annexed thereto an affidavit signed
and
O
sworn to by the secretary stating that the notices of the
special meeting have been duly given and that the re
quirements o f section one of this act have been complied
with, and the affidavit shall be prima facie evidence that
the provisions of the preceding section have been complied
with.
There shall also be annexed to the said petition a
duly attested copy o f the records o f the meeting o f the
members o f each bank authorizing such action, signed by
the secretary, and a duly attested copy o f the balance sheet
o f each bank at the close o f business on the last day of the
month previous to the date o f the petition, signed by the
treasurer.
S e c t io n 3.
The board of commissioners o f savings
banks shall at once select a competent auditor or auditors,
who shall make a thorough audit o f the books and assets
o f each bank, which shall include the calling in and com
paring of the members’ pass-books with the records of each
bank.
The auditor or auditors shall submit a written re
port o f his or their findings to the board ; and the expenses
o f such audit, provided the consolidation is not finallv
approved by the board of commissioners o f savings banks,
shall be borne by the petitioning banks pro-rata to their
dues capital, but if the consolidation is approved and
carried out the continuing bank shall bear the expense of
the audit, legal services and other charges, authorized and
incident to the proposed consolidation.
S e c t io n 4.
I f the said reports disclose to the board
of commissioners of savings banks a condition favorable
to consolidation, the order for consolidation mair be
issued with instructions in detail as follows : —
(a) The assets o f each bank shall be turned over to the
continuing bank as soon as the order for consolidation is
issued by the board o f commissioners of savings banks,
and the continuing bank shall thereupon assume all
liabilities accrued on account o f the outstanding shares
issued by the bank or banks the assets of which are so
taken over, and shall be subject to all the liabilities o f the
said bank or banks except as otherwise specifically pro
vided herein, and all business thereafter shall be done
under the title of the continuing bank except as otherwise
provided in section seven of this act.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A P P E N D IX .
(b ) No more shares shall be sold by the bank or banks
that are taken over, but during the life o f the series of
shares alreadj^ issued by said bank or banks, and outstand
ing, separate accounts shall be kept and the monthly pay
ments shall be due and payable under the same conditions
as though said bank or banks had not ceased to do business
as a separate corporation.
S e c t io n 5.
A ll liabilities o f the consolidated banks for
current expenses shall be adjusted and paid by each bank
before the consolidation is finally approved by the board
o f commissioners o f savings banks, and a certificate to that
effect from each bank, signed and sworn to by its presi
dent, treasurer and a majority of its directors, shall be
filed with said board and shall be prima facie evidence
that such liabilities have been discharged in full.
S e c t io n 6.
A t the time of, and upon final approval
of, the consolidation, all the offices o f the bank or banks
whose assets and business are taken over by the continu
ing bank shall forthwith become vacant and be abolished,
and the continuing bank, its officers, by-laws and rules
for doing business, shall govern and control in all matters
relating to the banks consolidated.
S e c t io n 7.
A new name or the name o f any one of
the petitioning banks may be adopted as the name o f the
continuing bank at the special meeting called as provided
in section one of this a c t; and if such proposed name is
set forth in the petition to the board o f commissioners of
savings banks and is approved by said board it shall
become the name o f the continuing bank upon the final
approval of the consolidation without further acts or re
quirements under the laws of the Commonwealth as to
change or adoption o f a new name on the part of the con
tinuing bank.
S e c t io n 8.
This act shall take effect upon its passage.
[Chapter 351, Acts of 1907.]
An A
ct r e l a t iv e to m o r t g a g e s of co - o p e r a t iv e b a n k s .
S e c t io n 1.
A n y co-operative bank shall have author
ity to insert in its form of real estate mortgage a clause
providing that in case o f any loss by fire on the mort
gaged property in respect to which the fire insurance
company or companies shall deny liability as to the in
sured, the bank shall have the power, at its option, to
assign
the debt and note for which the mortgage
was
o
O
o
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
XVII
xviii
A P P E N D IX .
given and also the mortgage to the insurance company or
companies upon payment to the bank by such company
or companies of the amount due upon the mortgage loan
at the time o f the fire, together with the unpaid interest,
premium and fines, if any, accrued thereon at the date of
such assignment, less the value of the forfeited shares as
hereinafter provided, whereupon the note and mortgage
shall forthwith become a note and mortgage for such total
balance due, payable upon demand with interest semi
annually at the same rate, including premium, if any, as
therein stated, the first payment of interest to be due six,
months after the date of the assignment, and any shares
o f the bank pledged as security for the note and mortgage
loan shall be forfeited by the bank immediately before the
execution and delivery to the insurance company or com
panies of such assignment, and the withdrawal value of
shares so forfeited shall, at the time o f the assignment, be
credited as a part payment on said mortgage loan, the
balance thereof being the balance o f the loan due at the
time of the assignment to the insurance company or com
panies as aforesaid.
S e c t io n 2.
A n y mortgage note taken under the pro
visions o f this act .shall contain proper reference thereto.
BOARD OF BANK INCORPORATION.
[Section 4, chapter 590, Acts of 1908, as amended by chapter
491, Acts of 1909.]
The bank commissioner, the treasurer and receiver gen
eral and the commissioner o f corporations shall constitute
a board o f bank incorporation, which shall exercise the
powers and perform the duties conferred or imposed upon
them by this act and upon the board o f commissioners of
savings banks by section two of chapter one hundred and
fourteen of the Revised Laws, by section twenty of chap
ter one hundred and sixteen of the Revised Laws, by
chapter three hundred and fifty-five o f the acts of the
year nineteen hundred and two, and by sections three and
six of chapter three hundred and seventy-four of the acts
of the year nineteen hundred and four.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
I I D B X
TO SUBJECTS CONTAINED IN THE STATUTES RELATING TO
CO-OPERATIVE BANKS.
PAGE
Advertisements, restrictions o n , ...........................................................
xiii
Agreement of association ; what to set forth............................................................... v
Annual r e t u r n s , .................................................................................................. x iv
Authority of foreign corporations to do business may be revoked, .
.
. xiv
Bids for loans may be a rate of interest, .
.
.
.
.
.
.
.
viii
Bonds of treasurers and employees.............................................................................. vi
Books and accounts,................................................................................................... xu
Business, places where it may he con d u cted ,........................................................ xiii
Capital............................................................................................................................ vi
Capital, increase o f , .................................................................................................. xiv
Capital, investments o f , ....................................................................................
viii
Consolidation of two or more b a n k s , .................................................................. xv
Co-operative banking defined,.....................................................................................v
Co-operative banks must be incorporated,
.
.
.
.
.
.
.
v
Distribution of profits and l o s s e s , .......................................................................... xii
Dues...............................................................................................................................vii
Examinations by commissioners................................................................................xiii
Fee, brokerage, commission, etc., not to be taken on account of loans. Penalty,
xi
Fines d e fin e d ,.............................................................................................................. x
Fines in excess of profits not to be charged, ...........................................................xi
Forfeiture of shares,.....................................................................................................xi
Guaranty fund,..........................................
xii
How moneys may be lent or invested........................................................................ viii
Increase of capital, ................................................................................................... xiv
Interest on loans,
.
.
.............................................................................ix
L o a n s , .....................................................................................................
viii
Loans, bid for same may be a rate of interest,........................................................ viii
Loans,
Loans,
Loans,
Loans,
amount l i m i t e d , ............................................................................................xv
partial payment o f , ..................................................................................... x
payment o f , ...................................................................................................... x
premiums on,
....................................................................................
viii
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
XX
INDEX TO APPENDIX.
PAGE
Loans, recovery of, . . .
......................................................... xi
Loans, security f o r , ............................................................................
,
.
ix
Maturity of shares, ............................................................................
viii
M eetings,.................................................................................................................... vii
Moneys, how lent or invested,..................................................................................viii
Mortgages,
.
.
................................................... ........
.
.
. xviii
O f f ic e r s ,...........................................................
...........................................vi
Organization, .
.
.
.
.
.
.
.
.
.
.
.
.
v
Partial payment of loans on real e s t a t e ,.................................................................... x
Payment of l o a n s , ...................................................................
x
Payments by the corporation, .
.
.
.
.
.
.
.
.
.
xii
Penalties,.................................................... .......
v-xii
Penalty for failure to make annual r e t u r n , ........................................................ xiv
Plans of issuing stock, etc.,
.................................................................................... vi
Powers of savings hank com m issioners,................................................................ xiii
Premiums on loans..............................................................
viii
Profits and losses, how distributed............................................................................. xii
Purchase of money at a lower rate, .
.....................................................
ix
Real estate, how a c q u i r e d , ................................................................................. xiii
Recovery of l o a n s , .....................................................................................................xi
Retiring of s h a r e s ,....................................................................................................vii
Secretary and treasurer may he one and same p e r s o n , ......................................... vi
Secretary and treasurer to give bonds,
.
vi
Security for loans, ......................................................................................................ix
Shares, forfeiture of,
.............................................................................................. x
Shares held in trust,..................................................................................................... vi
Shares in name of minors,
.
.
.
.
.
.
.
.
.
.
vi
Shares, maturity o f , .................................................................................................. viii
Shares, retiring o f , ................................................................................................... vii
Stock, plans of issuing s a m e , ....................................................................................vi
Surplus a c c o u n t , ...................................................................................................xiii
W ith d ra w a ls,............................................................................................................ vii
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
GENEEAL INDEX.
PAGE
General Remarks on Co-operative B a n k s , ....................................................iii
Aggregate Statement o f Co-operative B a n k s , ........................................... iv
Tables of Co-operative Bank S t a t i s t i c s , ....................................................v-xi
General Remarks on Collateral Loan C o m p a n i e s , .................................. xxiv
General Remarks on Mortgage Loan and Investment Companies,
.
.
General Remarks on Foreign Building and Loan Associations,
.
. xxiv
.
xxiv
General Remarks on American Service U n i o n , ........................................... xxv
Annual Reports of Co-operative Banks,.
.................................. 2-280
Annual Reports of Loan C o m p a n i e s ,....................................................
285-288
APPENDIX
PAGE
Statutes relating to Co-operative B a n k s , ............................................................. v
Index to S ta tu te s ,.....................................................................................................xix
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
In d ex
to
the
A nnual
R eports.
[ A l p h a b e t i c a l l y b y L o c a t i o n .']
CO-OPERATIVE BANKS.
Location.
Adams, . . . .
Amesbury,
Arlington,
Athol,
. . . .
Attleborough, .
Baldwinville, .
Bel mont, . . . .
Beverly...........................
Boston, .
Bridgewater, .
Brockton,
Brookline,
Cambridge,
Cambridgeport,
Canton, . . . .
Chelsea, . . . .
Chicopee,
Clinton, . . . .
Danvers, . . . .
Dedham, . . . .
East Cambridge, .
Easthampton,.
Everett, . . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
CORPORATE NAME.
Adams Co-operative Bank,
Amesbury Co-operative Bank,
Arlington Co-operative Bank, .
Athol Co-operative Bank,
Attleborough Co-operative Bank, .
Baldwinville Co-operative Bank,
Waverley Co-operative Bank, .
Beverly Co-operative Bank,
' Boston Co-operative Bank,
Dorchester Co-operative Bank,
Enterprise Co-operative Bank,
Federal Co-operative Bank,
Germania Co-operative Bank, .
Guardian Co-operative Bank, .
Highland Co-operative Bank, .
Homestead Co-operative Bank,
Massachusetts Co-operative Bank, .
Merchants’ Co-operative Bank,
Mt. Washington Co-operative Bank,
North Dorchester Co-operative Bank,
Pioneer Co-operative Bank,
Roslindale Co-operative Bank,
Roxbury Co-operative Bank, .
Suffolk Co-operative Bank,
Volunteer Co-operative Bank, .
West Roxbury Co-operative Bank,
Workingmen’s Co-operative Bank, .
Bridgewater Co-operative Bank,
Campello Co-operative Bank, .
Security Co-operative Bank, .
Brookline Co-operative Bank, .
Reliance Co-operative Bank, .
Columbian Co-operative Bank,
Canton Co-operative Bank,
Provident Co-operative Bank, .
Chicopee Co-operative Bank, .
Clinton Co-operative Bank,
Danvers Co-operative Bank, .
Dedham Co-operative Bank, .
Cambridge Co-operative Bank,
Hampton Co-operative Bank, .
Everett Co-operative Bank,
PAGE
4
6
8
10
14
16
246
20
24
54
58
68
78
88
96
108
138
148
158
174
186
206
208
232
238
256
278
28
34
214
30
200
46
36
192
38
44
48
50
32
90
64
XXIV
IN D E X .
L O C A T IO N .
Fall River,
Fitchburg,
Foxborough, .
Franklin,
Gardner, .
Gloucester,
Grafton, .
Great Barrington, .
Greenfield,
Groveland,
Haverhill,
Hingham,
Holbrook,
Holyoke,.
Hudson, .
Hyde Park,
Lawrence,
Leominster,
Lowell,
.
Lynn,
Malden, .
Mansfield,
Marblehead, .
Marlborough, .
Medfield,.
Medford,.
Melrose, .
Merrimac,
Middleborough,
Milford, .
Natick, .
Needham,
New Bedford, .
Newburyport,.
Newtonville, .
North Abington,
North Adams,
Northampton,.
North Dighton,
North Easton,
Norwood,
Orange, ,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
CORPORATE
NAM E.
' Fall River Co-operative Bank,
Lafayette Co-operative Bank, .
• People’s Co-operative Bank, .
Troy Co-operative Bank, .
Fidelity Co-operative Bank,
‘ Fitchburg Co-operative Bank, .
Foxborough Co-operative Bank,
Dean Co-operative Bank, .
Gardner Co-operative Bank, .
Gloucester Co-operative Bank,
Grafton Co-operative Bank,
Housatonic Co-operative Bank,
Greenfield Co-operative Bank,.
Groveland Co-operative Bank,
Citizens’ Co-operative Bank, .
Haverhill Co-operative Bank, .
Hingham Co-operative Bank, .
Holbrook Co-operative Bank, .
. City Co-operative Bank, .
Holyoke Co-operative Bank, .
Hudson Co-operative Bank,
Hyde Park Co-operative Bank,
Atlantic Co-operative Bank, .
Lawrence Co-operative Bank, .
Merrimack Co-operative Bank,
Leominster Co-operative Bank,
B. F. Butler Co-operative Bank,
Lowell Co-operative Bank,
Middlesex Co-operative Bank,
•Equitable Co-operative Bank, .
Lincoln Co-operative Bank,
Lynn Co-operative Bank,
Malden Co-operative Bank,
Mansfield Co-operative Bank, .
Marblehead Co-operative Bank,
Marlborough Co-operative Bank, .
Medfield Co-operative Bank, .
Hillside Co-operative Bank,
Medford Co-operative Bank, .
Melrose Co-operative Bank,
Economy Co-operative Bank, .
Middleborough Co-operative Bank,
Milford Co-operative Bank,
Henry Wilson Co-operative Bank, .
Needham Co-operative Bank, .
Acushnet Co-operative Bank, .
New Bedford Co-operative Bank, .
Newburyport Co-operative Bank, .
Newton Co-operative Bank,
North Abington Co-operative Bank,
Berkshire County Co-operative Bank
Northampton Co-operative Bank, .
North Dighton Co-operative Bank, .
North Easton Co-operative Bank, .
Norwood Co-operative Bank, .
Orange Co-operative Bank,
•1
•1
[Pub. Doc.
PAGE
.
.
.
.
.
.
.
.
.
.
.
.
.
66
116
184
236
70
72
74
50
76
80
82
110
84
86
40
92
100
102
42
104
112
114
12
118
150
120
22
.
.
.
.
.
.
.
.
.
.
.
.
.
.
124
154
60
122
126
128
130
132
134
142
98
144
146
56
152
156
94
160
2
.
.
.
.
.
.
.
.
.
162
164
166
168
18
170
172
176
178
180
IN D E X .
No. 8.]
CORPORATE
L O C A T IO N .
Peahody, . . . .
Pittsfield,
Plymouth,
Quincy...........................
Randolph,
Reading, . . . .
Revere, . . . .
Salem,
Sandwich,
Shirley, .
.
.
.
Somerville,
South Braintree,
South Framingham,
South Weymouth, .
Springfield,
Stoneham,
Stoughton,
Taunton,
Tisbury, . . . .
Wakefield,
Waltham,
Watertown,
Webster, . . . .
Westfield,
West Newton,
West Somerville, .
West Springfield, .
Weymouth,
Whitman,
Winchendon, .
Winchester,
Winthrop,
Woburn, . . . .
Wollaston,
Worcester,
Wrentham,
NAM E.
Peabody Co-operative Bank, .
Pittsfield Co-operative Bank, .
Plymouth Co-operative Bank,.
Quincy Co-operative Bank,
Randolph Co-operative Bank, .
Reading Co-operative Bank, .
Revere Co-operative Bank,
Roger Conant Co-operative Bank,
Salem Co-operative Bank,
Sandwich Co-operative Bank, .
Shirley Co-operative Bank,
Somerville Co-operative Bank,
Winter Hill Co-operative Bank,
Braintree Co-operative Bank, .
South Framingham Co-operative Bank,
South Weymouth Co-operative Bank,
Springfield Co-operative Bank,
Stoneham Co-operative Bank, .
Stoughton Co-operative Bank,
•Mechanics’ Co-operative Bank,
Taunton Co-operative Bank, .
Weir Co-operative Bank, .
Martha’s Vineyard Co-operative Bank,
Wakefield Co-operative Bank,.
Waltham Co-operative Bank, .
Watertown Co-operative Bank,
Webster Co-operative Bank, .
Westfield Co-operative Bank, .
West Newton Co-operative Bank,
West Somerville Co-operative Bank,
West Springfield Co-operative Bank,
South Shore Co-operative Bank,
Whitman Co-operative Bank, .
Winchendon Co-operative Bank,
Winchester Co-operative Bank,
Winthrop Co-operative Bank,
Woburn Co-operative Bank, .
Wollaston Co-operative Bank,.
’ Equity Co-operative Bank,
Home Co-operative Bank,
*•Worcester Co-operative Bank,
Wrentham Co-operative Bank,
XXV
PAGE
182
188
190
194
196
198
202
204
210
212
216
218
268
26
220
224
226
228
230
140
234
250
136
240
242
244
248
252
254
258
260
222
262
264
266
270
272
274
62
106
276
280
COLLATERAL LOAN COMPANIES.
Boston,
Worcester,
.
.
.
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
r Chattel Loan Com pany,............................................................ 285
. -j Collateral Loan C o m p a n y , .....................................................286
l Workingmen’s Loan Association,.............................................288
. Worcester Collateral LoanAssociation,......................................... 287
IN D E X .
XXVI
Index
to
the
A nnual
[A lp h a b e tic a lly b y
[Pub. Doc.
R eports.
C o r p o r a te N a m e . ]
CO-OPERATIVE BANKS.
CORPORATE
NAM E.
ACushnet Co-operative Bank, .
Adams Co-operative Bank,
Amesbury Co-operative Bank, .
Arlington Co-operative Bank, .
Athol Co-operative Bank, .
Atlantic Co-operative Bank,
Attleborough Co-operative Bank,
Baldwinville Co-operative Bank,
Berkshire County Co-operative Bank,
Beverly Co-operative Bank,
B. F. Butler Co-operative Bank,
Boston Co-operative Bank,
Braintree Co-operative Bank, .
Bridgewater Co-operative Bank,
Brookline Co-operative Bank, .
Cambridge Co-operative Bank,.
Campello Co-operative Bank, .
Canton Co-operative Bank,
Chicopee Co-operative Bank,
Citizens’ Co-operative Bank,
City Co-operative Bank, .
Clinton Co-operative Bank,
Columbian Co-operative Bank,
Danvers Co-operative Bank,
Dean Co-operative Bank, .
Dedham Co-operative Bank,
Dorchester Co-operative Bank,
Economy Co-operative Bank, .
Enterprise Co-operative Bank, .
Equitable Co-operative Bank, .
Equity Co-operative Bank,
Everett Co-operative Bank,
Fall River Co-operative Bank, .
Federal Co-operative Bank,
Fidelity Co-operative Bank,
Fitchburg Co-operative Bank, .
Foxborough Co-operative Bank,
Gardner Co-operative Bank,
Germania Co-operative Bank, .
Gloucester Co-operative Bank, .
Grafton Co-operative Bank,
Greenfield Co-operative Bank, .
Groveland Co-operative Bank, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
LOCATION.
New Bedford, .
Adams, .
Amesbury,
Arlington,
Athol,
Lawrence,
Attleborough, .
Baldwinville, .
North Adams,.
Beverly, .
Lowell, .
Boston, .
South Braintree,
Bridgewater, .
Brookline,
East Cambridge,
Brockton,
Canton, .
Chicopee,
Haverhill,
Holyoke,.
Clinton, .
Cambridgeport,
Danvers, .
Franklin,
Dedham, .
Boston, .
Merrimac,
Boston, .
Lynn,
Worcester,
Everett, .
Fall River,
Boston, .
Fitchburg,
Fitchburg,
Foxborough, .
Gardner, .
Boston, .
Gloucester,
Grafton, .
Greenfield,
Groveland,
PAGE
2
4
6
8
10
12
14
16
18
20
22
24
26
28
30
32
34
36
38
40
42
44
46
48
50
52
54
56
58
60
62
64
66
68
70
72
74
76
78
80
82
84
86
XXYll
IN D E X .
N o. 8.]
CORPORATE
L O C A T IO N .
NAM E.
Guardian Co-operative Bank, .
Hampton Co-operative Bank, .
Haverhill Co-operative Bank, .
Henry Wilson Co-operative Bank, .
Highland Co-operative Bank, .
Hillside Co-operative Bank,
Hingham Co-operative Bank, .
Holbrook Co-operative Bank, .
Holyoke Co-operative Bank,
Home Co-operative Bank,
Homestead Co-operative Bank,
Housatonic Co-operative Bank,
Hudson Co-operative Bank,
Hyde Park Co-operative Bank,
Lafayette Co-operative Bank, .
Lawrence Co-operative Bank, .
Leominster Co-operative Bank,
Lincoln Co-operative Bank,
Lowell Co-operative Bank,
Lynn Co-operative Bank, .
Malden Co-operative Bank,
Mansfield Co-operative Bank, .
Marblehead Co-operative Bank,
Marlborough Co-operative Bank,
Martha’s Vineyard Co-operative Bank,
Massachusetts Co-operative Bank, .
Mechanics’ Co-operative Bank,.
Medfield Co-operative Bank,
Medford Co-operative Bank,
Melrose Co-operative Bank,
Merchants’ Co-operative Bank,.
Merrimack Co-operative Bank,.
Middleborough Co-operative Bank, .
Middlesex Co-operative Bank, .
Milford Co-operative Bank,
Mt. Washington Co-operative Bank,
Needham Co-operative Bank, .
New Bedford Co-operative Bank,
Newbury port Co-operative Bank,
Newton Co-operative Bank,
North Abington Co-operative Bank,
Northampton Co-operative Bank,
North Dighton Co-operative Bank, .
North Dorchester Co-operative Bank,
North Easton Co-operative Bank,
Norwood Co-operative Bank, .
Orange Co-operative Bank,
Peabody Co-operative Bank,
People’s Co-operative Bank,
Pioneer Co-operative Bank,
Pittsfield Co-operative Bank, .
Plymouth Co-operative Bank, .
Provident Co-operative Bank, .
Quincy Co-operative Bank,
Randolph Co-operative Bank, .
Reading Co-operative Bank,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
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PAGE
. Boston, . . . .
88
. Easthampton, . . .
90
. Haverhill,
. . .
92
. Natick, . . . .
94
. Boston, . . . .
96
. Medf ord, . . . .
98
. Hingham,
.
. .
100
. Holbrook,
.
.
. 102
. Hol yoke, . . . .
104
. Worcester,
.
. .
106
. Boston, . . . .
108
. Great Barrington, .
. 110
. Hudson, . . . .
112
. Hyde Park,
.
. .
114
. Fall River, .
.. 1 1 6
. Lawrence,
.
. . 118
. Leominster,
.
. .
120
. Lynn,
. . . .
122
. Lowell, . . . .
124
. Lynn,
. . . .
126
. Malden..................................128
. Mansfield,
.
. .
130
. Marblehead, .
.
. 132
. Marlborough, .
.
. 134
. Tisbury, . . . .
136
. Boston, . . . .
138
. Taunton,
.
. .
140
. Medfield,
.
. .142
. Medford,
.
. .144
. Melrose, •
146
. Boston, . . . .
148
. Lawrence,
.
. .
150
. Middleborough,
. .
152
. Lowell, . . . .
154
. Milford, . . . .
156
. Boston, . . . .
158
. Needham,
.
. .
160
. New Bedford,
.
..162
. Newburyport,.
.
. 164
. Newtonville, .
. .166
. North Abington,
. .
168
. Northampton,
. .
170
. North Dighton,
. .
172
. Boston, . . . .
174
. North Easton,
. .
176
. Norwood,
.
. .
178
. Orange, . . . .
180
. Peabody,.
.
. .
182
. Fall River,
.
. .
184
. Boston, . . . .
186
. Pittsfield,
.
. .
188
. Plymouth,
.
. .
190
. Chelsea, . . . .
192
. Quincy, . . . .
194
. Randolph,
.
. .
196
. Readi ng, . . . .
198
IN D E X .
xxviii
CORPORATE
[Pub. Doc. No. 8.
NAM E.
L O C A T IO N .
Reliance Co-operative Bank,
Revere Co-operative Bank,
Roger Conant Co-operative Bank, .
Roslindale Co-operative Bank, .
Roxbury Co-operative Bank, .
Salem Co-operative Bank,
Sandwich Co-operative Bank, .
Security Co-operative Bank,
Shirley Co-operative Bank,
Somerville Co-operative Bank, .
South Framingham Co-operative Bank,
South Shore Co-operative Bank,
South Weymouth Co-operative Bank,
Springfield Co-operative Bank,
Stoneham Co-operative Bank, .
Stoughton Co-operative Bank, .
Suffolk Co-operative Bank,
Taunton Co-operative Bank,
Troy Co-operative Bank, .
Volunteer Co-operative Bank, .
Wakefield Co-operative Bank, .
Waltham Co-operative Bank, .
Watertown Co-operative Bank,
Waverley Co-operative Bank, .
Webster Co-operative Bank,
Weir Co-operative Bank, .
Westfield Co-operative Bank, .
West Newton Co-operative Bank, .
West Roxbury Co-operative Bank, .
West Somerville Co-operative Bank,
West Springfield Co-operative Bank,
Whitman Co-operative Bank, .
Winchendon Co-operative Bank,
Winchester Co-operative Bank,
Winter Hill Co-operative Bank,
Winthrop Co-operative Bank, .
Woburn Co-operative Bank,
Wollaston Co-operative Bank, .
Worcester Co-operative Bank, .
Workingmen’s Co-operative Bank, .
Wrentham Co-operative Bank,.
Cambridge,
Revere, .
Salem,
Roslindale,
Boston, .
Salem,
Sandwich,
Brockton,
Shirley, .
Somerville,
South Framingham,
Weymouth, .
South Weymouth, .
Springfield,
Stoneham,
Stoughton,
Boston, .
Taunton,.
Fall River,
Boston, .
Wakefield,
Waltham,
Watertown,
Belmont,.
Webster, .
Taunton,.
Westfield,
West Newton,
Boston, .
West Somerville, .
West Springfield, .
Whitman,
Winchendon, .
Winchester, .
Somerville,
Winthrop,
Woburn, .
Wollaston,
Worcester,
Boston, .
Wrentham,
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COLLATERAL LOAN COMPANIES.
Chattel Loan C om p a n y ,................................
Collateral Loan Company.................................
Worcester Collateral Loan Association, .
Workingmen’ s Loan Association,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
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Boston, .
Boston, .
Worcester,
Boston, .
@FedFRASER