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. . No. 8.
PUBLIC DOCUMENT . .
TWENTY-NÏXi’F-. M .NF5& iM ö K I -Ä L
OF T ^ S * * » ’
Board
of
* •*
CôM Ë M
ners
SAYINGS BANKS.
1904.
P
a r t
II.
RE LATIN G TO
CO-OPERATIVE BANKS, COLLATERAL LOAN COMPANIES,
MORTGAGE LOAN AND INVESTMENT COMPANIES.
BOSTON:
WRIGHT & POTTER PRINTING CO., STATE PRINTERS,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
18 Post O ffice S q u a h e .
1905.
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Federal Reserve Bank of St. Louis
332./
..
IY\3?t
I f C47
(Sommontoîaltlj of jllassatbustfis.
B o s t o n , M arch 1, 1905.
To the General Court o f Massachusetts.
In accordance with the requirements of section 28 ot chapter
114 o f the Revised Laws, the Board of Commissioners of
Savings Banks respectfully submits Part II. of its twentyninth annual report, embracing the financial condition at the
close o f business Oct. 31, 1904, of one hundred and twentynine co-operative banks and three collateral loan associations ;
also statements of the affairs of one co-operative bank, two
foreign savings and loan associations and two mortgage loan
companies, all of which are being.liquidated either voluntarily
or through receivers.
17)1% z
C o- operative B anks .
The number of these institutions in existence Oct. 31, 1904,
remained unchanged from the date o f the previous report, but
during this interim the shareholders of the Allston Co-operative
Bank voted to liquidate its affairs through a special committee
o f its shareholders ; and under these conditions its affairs will
be made the subject of special mention, and will not be in
cluded in the various aggregates, or any references thereto,
which may be embodied in this report.
It is our pleasure to record another year of substantial prog
ress in the operations of these institutions, the net gain in
assets of the one hundred and twenty-nine banks being in
excess of $2,850,000.
The amount to the credit of dues capital is $2,394,673 in
excess of the balance of the year previous, and represents the
largest increase in any one }mar since the inception of such
institutions in this Commonwealth.
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Federal Reserve Bank of St. Louis
REPORT OF THE
IV
A ggregate Statement
O ne H u n dred
and
of
[Pub. Doc.
C ondition , O c t . 31, 1904.
T w e n t y - n ine C o - o p e r a tiv e B a n k s .
Liabilities.
Amount
Oct. 31, 1904.
Cl a s s if ic a t io n . '
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Pr e mi ums , .
.
.
.
F in e s ,..................................
Transfer fees, .
W ithdrawal profits, .
Forfeiture profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account, .
Advance payments, .
Matured share account, .
Retired share account,
Due on loans, .
Personal accounts, .
Sundry liabilities,
$29,750,625
4,915,582
190,311
2,547
6,864
54
9,070
127
276,411
373,996
14,743
2,083
41,760
809
16,460
4,161
8,439
Increase.
00 $2,394,673 00
351,188 11
29
99
28,155 31
60
1,235 04
99
00
14 75
06
2,528 60
50
10
21,198 90
34
41,696 79
36
663 02
49
01
15,878 91
41
358 21
01
65
• 510 65
04
4,880 29
$35,614,047 84
-
Decrease.
-
$183 34
_
-
8 24
-
4,572 04
-
5,552 10
-
-
A ssets.
C l a s sif ic a t io n .
Loans on real e s t a t e , ...........................................
Loans on s h a r e s , ...................................................
Permanent expense a c c o u n t ,..................................
Tem porary expense account.....................................
Real estate by f o r e c l o s u r e , ..................................
M o r t g a g e s , ............................................................
Unpaid dues..................................................................
Unpaid i n t e r e s t , ...................................................
Unpaid p r e m iu m s ,...................................................
Unpaid f i n e s , ............................................................
Bonds and notes of cities and towns,
Personal a c c o u n t s ,...................................................
Sundry a s s e t s ,............................................................
C a s h ,.............................................................................
Amount
Oct. 31, 1904.
$31,580,139
1,554,301
12,879
18,187
730,486
398,298
28,559
114,266
1,587
9,618
214,921
15,146
13,071
922,582
Increase.
76 $2,730,521 25
37
11,083 87
94
60
666 88
12
50
51,113 35
00
14 00
26
6,354 25
76
31
88
91
2,544 51
3,720 20
84
59
140,926 16
$35,614,047 84
-
Decrease.
-
$1,240 82
-
69,291 13
-
222 17
692 42
22,832 07
-
-
The guaranty and surplus funds have each received material
additions during the year, and they now aggregate over
$650,000.
The transactions in foreclosed real estate during the year
show a net reduction of over $69,000 in this class of assets,
without taking into account the operations of the Allston Co
operative Bank in this feature, which will be specially alluded
to elsewhere ; were the figures pertaining to this bank included,
the net reduction would be swelled to over $98,000.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
Y
The report o f this Board for the year ending Oct. 31, 1901,
showed that the real estate holdings o f the banks amounted to
$1,041,708.29; during the succeeding three years, notwith
standing a depressed condition o f the real estate market, which
is generally conceded to have been the worst for many years,
a net reduction of over $300,000 in this particular class of
assets has been effected, and the consideration of this fact must
be a source of some satisfaction when viewing the situation as a
whole.
A summarized statement of the transactions during the year
is herewith presented.
R eal E state
by
F oreclosure .
Balance as shown in statement of Oct. 31, 1903 (exclusive of
the Allston Co-operative Bank), 393 estates,
Acquired during the year, 160 e s t a t e s , ..................................
Expenses on estates, incurred during year.................................
Gains on estates sold during the y e a r , ..................................
Total, .
.
.
.
.
.
.
.
Received for 203 estates disposed of during
the y e a r , ....................................................
Rents, etc., received,...........................................
Losses incurred by sales, or charged off to
cover depreciation and expenses, .
$799,777
318,095
49,183
5,880
25
92
59
62
. $1,172,937 38
$362,175 64
34,492 93
45,782 69
442,451 26
Balance, as shown by books, Oct. 31, 1904, 350 estates, .
R eceipts
and
.
$730,486 12
D isbursements .
The following table exhibits the total receipts and disburse
ments during the year ending Oct. 31, 1904 : —
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Federal Reserve Bank of St. Louis
REPORT OF THE
VI
R e c e ip t s .
From dues capital, .
From interest, .
.
.
.
From premiums,
From tines,
.
.
.
.
From transfer fees, .
From real estate loans repaid,
From real estate loans eliminated by foreclosure, .
From real estate loans eliminated by maturity of shares,
From share loans repaid,
From withdrawal profits,
From forfeiture profits, .
From forfeited shares, .
From expense, .
.
.
.
From real estate by foreclosure,
From notes and bonds, .
From retired shares,
From matured shares,
From personal accounts.
From advance payments,
From uncompleted mortgage
l o a n s , ..................................
From mortgages,
From sundries,
Cash on hand Oct. 31, 1903, .
[Pub. Doc.
D is b u r s e m e n t s .
$8,200,427
1,757,901
16,767
58,571
336
4,926,022
00
31
41
40
10
97
313,778 55
357,505
1,211,248
52,605
1,429
32,821
3,870
407,463
399,768
93,567
276,898
35,787
18,999
00
75
74
70
65
96
62
84
32
36
07
26
24,031
47,453
42,105
781,656
28
92
99
43
For real estate loans,
For share loans,
For dues capital (withdrawn),
For dues capital (fo rfe ite d ),.
F or dues capital (retired), .
For dues capital (m atu red ),.
For profits c a p i t a f (withdrawn),
.
.
.
.
For profits capital (forfeited),
For profits capital (re tire d ),.
For profits capital (matured),
For temporary expenses,
For permanent expenses,
For forfeited shares,
For interest..............................
For real estate by foreclosure,
For retired shares,
For matured shares,
For notes and bonds,
For personal accounts, .
For advance payments, .
For uncompleted mortgage
l o a n s , ..................................
For mortgages,
For sundries, .
.
.
.
Cash on hand Oct. 31, 1904, .
and
15
62
00
00
00
00
526,137
9,015
236,553
453,018
165,947
1,285
32,157
19,285
377,836
93,080
261,147
376,498
36,094
20,378
08
79
55
07
21
42
05
45
19
70
86
44
89
93
22,020
99,606
43,719
922,582
00
91
73
59
$19,061,018 63
$19,061,018 63
S hares
$8,335,441
1,222,282
3,800,657
52,772
819,566
1,133,934
Shareholders .
On Oct. 31, 1904, the total number of shares in force was
693,315 and the number of shareholders was 88,692, the aver
age holding being slightly in excess of 7| shares to each.
The number of shares in force, as above stated, shows an
increase of 35,418 over the previous year, and the number of
shareholders increased 4,165 during the same period.
There were 167,492 shares issued during the year, and
130,229 shares were eliminated either by voluntary with
drawal, forfeiture, retirement or maturity.
The shares eliminated represented a money value to the
withdrawing members of nearly seven million dollars.
D istribution
of
P rofits .
The amount of profits or dividends apportioned during the
year was $1,576,108.28, the average rate being 5.05 per cent.
The following table indicates the rate of profits apportioned
by the banks during the past five years : —
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
j
No. 8.]
SAYINGS BANK COMMISSIONERS.
No. of banks distributing at 2 per cent.,
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1900.
1901.
1903.
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0
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1
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1
1
2
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0
0
0
0
1
0
0
0
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1
2
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0
0
0
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3
3
5
0
1
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1904.
0
0
0
1
0
0
0
0
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6
0
0
0
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18
0
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0
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46
59
54
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1
0
2
0
1
0
0
0
0
0
0
0
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7
4
1
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24
18
1
0
3
3
0
2
0
1
11
0
2
1
16
3
7
2
1
0
11
0
6
0
33
23
16
15
“
0
0
0
0
1
“
1
2
1
2
1
1
1
0
0
0
1
1
1
0
0
1
0
0
0
1
0
0
0
1
2
1
1
0
0
0
0
1
0
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https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1903.
0
1
0
0
1
10
0
6
2
tt
°*o
vii
“
61
“
“
* New bank, paying only one dividend.
15
REPOET OF THE
V ili
[Pub. Doc
Table o f Loans at Specified Bates o f Interest, Oct. 31, 1904.
K a te.
5
5.25
5.30
5.50
5.60
5&
5.70
5.75
6
6.06
6.10
.6.12
6Ì
6.18
6.20
6.24
6.25
6.30
6*
6.36
6g
6.40
6.48
6.50
6.60
6§
6.70
R e a l E s ta te L o a n s .
S h are L oa n s.
$16,679,177
8,600
1,201,784
1,485,965
3,116,554
6,800
1,300
62,150
71,445
250
4,208,251
36,965
200
5,700
348,413
40,770
3,400
600
3,400
29,330
3,475,698
23,900
2,450
5,100
* 1,700
87,907
534,433
700
200
$876,720 50
88,904 00
53,992 00
186,859 00
48
00
26
00
56
00
00
00
55
00
59
00
00
00 .
08
00
00
00
00
00
24
00
00
00
00
00
00
00
00
K a te .
6.72
6.75
6.78
6.80
6.84
6.90
7
7fir
7.08
n
7.20
7.25
7|
7.40
7.50
7£
7.75
7.80
8
8.10
8.25
8.40
8.50
8.60
8.70
8.75
9
10.80
-
10,858 00
-
210,713 62
955 00
-
4,395 00
480 00
-
_
-
600 00
74,678 25
_
100
1,075
7,365
1,300
20,655
R e a l E s ta t e L o a n s .
00
00
00
00
00
S h are L o a n s .
$500 00
24,100 00
200 00
$90 00
_
_
300 00
1,000 00
60,625 00
10,900 00
300 00
500 00
2,500 00
11,150 00
1,650 00
_
400 00
11,820 00
450 00
1,450 00
3,450 00
1,350 00
1,400 00
1,700 00
700 00
100 00
_
1,820 00
6,076 00
_
-
1,460
150
100
250
250
-
100 00
525 00
-
150 00
150 00
2,730 00
-
50 00
270 00
_
-
750 00
-
_
130 00
50 00
_
$31,580,139 76
-
00
00
00
00
00
$1,554,301 37
Comparative Table o f Interest Bates on Loans.
O ct . 31, 1904.
O ct . 31, 1903.
Percentage
of Loan.
Amount.
A t 5 per cent........................
Between 5 and 6 per cent.,
A t 6 per cent.................................
Between 6 and 6%0 per cent., .
A t 6%0 per cent. (5 cents premium),
Between 6%0 and 7 per cent., .
A t 7 per c e n t . , ..................................
Between 7 and 8 per cent.,
A t 8 per c e n t . , ..................................
A t more than 8 per cent., .
$15,391,895
5,577,340
4,266,256
504,924
3,686,700
970,659
13,870
55,470
1,450
19,045
M ortgages
in
76
30
29
08
04
54
00
00
00
00
50.49
18.29
13.99
1.66
12.09
3.18
.05
.18
-
.06
Percentage
of Loan.
Amount.
$17,555,897
6,295,462
4,418,965
475,208
3,550,376
775,520
16,976
36,505
1,350
8,180
98
37
21
08
49
00
00
00
00
00
52.98
19.00
13.34
1.43
10.72
2.34
.05
.11
-
.03
O rdinary F orm .
This class of assets is composed of common form mortgages
taken in whole or part payment for estates sold, and usually
conditioned for stated payments in reduction of the principal,
either monthly, quarterly or semi-annually.
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Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
Amount
Oct. 81, 1903.
A t 6^ per c e n t . , .............................................................................
A t 6 per c e n t . , .............................................................................
$500
263,646
20,375
82,718
00
14
00
01
ix
Amount
Oct. 31, 1904.
$3,700
263,824
15,575
115,198
00
96
00
54
M atured Shares .
An analysis of the following table will show that 94 banks
have matured 167 series during the year, involving 7,873
shares, 1,806 of which were pledged for real estate loans, 940
for share loans and 5,127 were unpledged or free.
O f the 1,785 holders whose shares matured, 489 were
borrowers, and through such maturity, real estate loans of
$357,505, and share loans of $108,396 were satisfied and
cancelled.
The total value of the 7,873 shares matured was $1,586,587.40, and that amount was returned to the holders of these
shares, either in cash or cancelled loans.
It is proper to add that, in addition to the amount above
stated, interest was paid in many cases upon the maturing
values from the date of the last dividend to the time of matur
ity or payment.
The time required to reach maturity varied from 138 to 153
months, the average being nearly 144 months.
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Federal Reserve Bank of St. Louis
X
Am ount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
5
N ov.,
1891,
Oct.,
-
7
2
9
4
1
-
Acushnet Co-operative Bank, .
6
May,
1892,
A pril, 1904,
144
202 37
-
-
33
33
4
-
-
Amesbury Co-operative B a n k ,.
12
Nov., 1891,
Oct ,
1903,
144
202 09
5
-
22
27
7
1
Amesbury Co-operative B a n k ,.
13
May,
A pril, 1904,
144
201 44
-
-
24
24
7
-
$1,000 00
-
S hare L oans
CANCELLED
Ma t u r it y
of Sh ar es.
by
1
|
Total
Value of
Shares
Amount.
Number.
Number of
Borrowers.
Number of Holders,
Total.
Unpledged.
Acushnet Co-operative Bank, .
1892,
1903, $144 $203 14
Pledged f o r
Share Loans j
of
Maturity.
Pledged f o r
R . E . Loans.
Issue.
Date
Maturing Value per :
Share.
Date
of
Amount paid in per
Share.
N AM E OF B A N K .
N u m b e r of Sh a r e s
M A TURED.
matured.
$700 00
$1,828 26
-
-
-
-
6,678 21
5,456 43
-
-
4,834 56
Arlington Co-operative Bank, .
Ö
Nov.,
1891,
Oct.,
1903,
144
201 28
15
14
62
91
17
2
3,000 00
2
1,500 00
18,316 48
Arlington Co-operative Bank, .
6
May,
1892,
A pril, 1904,
144
200 08
29
26
43
98
22
3
6,200 00
1
2,000 00
19,607 84
A tbol Co-operative Bank, .
7
July,
1892,
June, 1904,
144
200 78
11
-
-
11
-
2
2,200 00
-
-
2,208 58
Atlantic Co-operative Bank,
5
A pril, 1892,
N ov.,
1903,
140
200 80
-
-
25
25
3
-
-
-
-
5,020 00
Atlantic Co-operative Bank,
6
July,
1892,
Mar.,
1904,
140
200 64
-
-
4
4
1
-
-
-
-
802 56
Atlantic Co-operative Bank,
7
Oct.,
1892,
May,
1904,
140
200 38
-
-
5
5
1
-
-
-
-
1,001 90
1893,
Jan.,
Sept., 1904,
141
202 98
-
-
20
20
1
-
-
-
-
4,059 60
1
A ug , 1892,
June,
1904,
143
201 09
-
2
36
38
9
1
-
2
100 00
7,641 42
1
900 00
5,018 25
-
-
3,872 01
Berkshire County Co-operative B’ k,
4
May,
1892,
Feb.,
1904,
142
200 73
-
5
20
25
5
1
Beverly Co-operative Bank,
8
Mar.,
1892,
Feb.,
1904,
144
203 79
16
-
3
19
3
2
Beverly Co-operative Bank,
9
Sept., 1892,
A u g., 1904,
144
202 10
-
11
18
29
6
1
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
3,200 00
-
1
1,100 00
5,860 90
[Pub. Doc.
8
.
Atlantic Co-operative Bank,
Attleborough Co-operative Bank,
REPORT OF THE
Number o f Series.
i
Statement o f Shares matured since Last Report.
June, 1892,
Feb ,
1904,
141
200 98
5
11
3
2
600 00
1
400 00
2,210 78
July,
A pril, 1904,
142
200 98
-
8
1
1
1,600 00
-
-
1,607 84
Campello Co-operative Bank, .
22
April, 1892,
Mar.,
1904,
144
203 21
-
44
6
6
8,650 00
-
-
8,941 24
Campello Co-operative Bank,
23
Oct.,
Sept., 1904,
144
202 06
13
3
3
2,600 00
-
-
2,626 78
.
1892,
1892,
Canton Co-operative Bank,
4
A ug., 1892,
Jan.,
1904,
138
201 62
18
37
7
3
800 00
2
CantonSCo-operative Bank,
5
Feb.,
July,
1904,
138
201 25
22
35
6
2
2,660 00
-
1893,
2,800 00
7,459 94
-
7,043 75
June, 1904,
147
200 03
16
21
3
1
1,000 00
-
-
4,200 63
City Co-operative Bank,
.
6
Jan.,
1892,
Nov.,
1903,
143
200 48
6
16
8
3
400 00
2
950 00
3,207 68
City Co-operative Bank,
.
7
July,
1892,
June,
1904,
144
205 59
1
3
2
1
-
1
400 00
616 77
Clintop Co-operative Bank,
10
April, 1892,
Mar.,
1904,
144
200 88
26
37
9
4
2
300 00
7,432 56
June, 1892,
Citizens’ Co-operative Bank,
10
April, 1892,
1,525 00
July,
1904,
146
200 35
52
63
21
3
1,400 00
1
480 00
12,622 05
Dedham Co-operative Bank,
14
May,
1892,
Jan.,
1904,
141
200 94
-
8
1
1
1,500 00
-
-
1,607 52
Dedham Co operative Bank,
15
Nov , 1892,
July,
1904,
141
200 94
-
8
2
2
1,500 00
-
-
1,607 52
Feb.,
1904,
144
205 67
17
42
10
2
5,000 00
-
-
8,638 14
Columbian Co operative Bank,
1
Dorchester Co-operative Bank,
4
Mar.,
Dorchester Co-operative Bank,
5
Sept., 1892,
Aug., 1904,
144
204 69
12
21
6
3
-
2
1,400 00
Enterprise Co-operative B an k,.
9
April, 1892,
Mar.,
1904,
144
203 29
31
32
11
1
-
1
200 00
6,505 28
Enterprise Co-operative B an k,.
10
Oct ,
1892,
S e p t, 1904,
144
202 44
39
61
6
1
-
22
2,000 00
12,348 84
Equitable Co-operative Bank, .
28
Oct.,
1891,
Dec.,
1903,
147
200 51
62
100
26
2
1,200 00
3
5,716 00
20,051 00
Equitable Co-operative Bank, .
29
April, 1892,
June,
1904,
147
200 23
73
85
24
1
200 00
5
920 00
17,019 55
Equity Co-operative Bank,
12
Sept., 1892,
Feb.,
1904,
138
200 35
6
7
4
1
200 00
-
-
1,402 45
Equity Co-operative Bank,
13
Mar.,
Aug., 1904,
138
200 05
4
32
5
4
5,600 00
-
-
Everett Co-operative Bank,
4
April, 1892,
Mar.,
1904,
144
202 33
5
20
3
2
-
2
Everett Co-operative Bank,
5
Oct.,
Sept., 1904,
144
201 15
20
20
2
-
-
-
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1892,
1893,
1892,
1,200 00
-
4,298 49
6,401 60
4,046 60
4,023 00
SAYINGS BANK COMMISSIONERS.
7
45
N o. 8.]
Braintree Co-operative Bank, .
Cambridge Co-operative Bank,
xii
Amount.
Number.
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares
Number of
Borrowers.
Number o f Holders.
Total.
S h are L oans
CANCELLED
b y M a t u r it y
of Sh ares.
Total
Value of
Shares
matured.
Fall River Co operative Batik, .
8
Mar.,
-
-
10
10
2
-
-
-
-
$2,010 30
Fall River Co-operative Batik, .
9
Sept., 1892,
A ug., 1904,
144
200 46
-
-
20
20
4
-
-
-
-
4,009 20
Federal Co-operative Bank,
5
Feb.,
1892,
April, 1904,
147
200 75
-
-
26
26
2
-
-
-
-
Fidelity Co-operative Bank,
9
Mar.,
1892,
Feb.,
1904,
144
202 31
12
83
107
51
11
1892,
Feb.,
1904, $144 $201 03
$2,400 00
8
$1,635 00
5,219 50
21,647 17
Fidelity Co-operative Bank,
10
Sept., 1892,
A ug., 1904,
144
201 63
25
15
96
136
51
11
4,800 00
4
1,755 00
27,421 68
Fitchburg Co-operative Bank, .
29
Nov.,
Oct.,
144
201 56
24
21
76
121
-
7
4,300 00
7
2,690 00
24,388 76
Fitchburg Co-operative Bank, .
30
May,
1892,
April, 1904,
144
200 90
27
-
-
27
4
4
5,200 00
-
7
Mar.,
1892,
Jan.,
1904,
143
200 92
4
15
72
91
24
6
700 00
4
2,600 00
18,283 72
Gardner Co-operative Bank,
Gardner Co-operative Bank,
1891,
1903,
Sept.,
1892,
July,
1904,
143
200 98
-
5
20
25
4
1
Oct.,
1891,
Mar.,
1904,
150
204'52
13
-
-
13
1
1
Germania Co-operative Bank, .
14
A pril, 189*2,
Sept., 1904,
150
203 15
8
-
-
8
1
1
Gloucester Co-operative Bank,
10
Oct.,
June,
1903,
141
200 82
17
-
-
17
1
1
1891,
5,424 30
1
700 00
5,024 50
-
-
2,658 76
1,600 00
-
-
3,400 00
-
2,500 00
1,625 20
3,413 94
Gloucester Co-operative Bank,
11
April, 1892,
D ec.,
1903,
141
200 85
22
30
61
113
32
13
4,300 00
10
4,450 00
22,696 05
Gloucester Co-operative Bank,
12
Oct ,
1892,
June,
1904,
141
200 87
35
23
77
135
36
13
6,750 00
9
2,850 00
27,117 45
Grafton Co-operative BaDk,
10
May,
1892,
D ec.,
1903,
140
200 89
15
11
4
30
6
4
3,000 00
4
550 00
6,026 70
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
8
13
Germania Co-operative Bank, .
-
REPORT OF THE
Unpledged.
Maturity.
Pledged f o r
Share Loans
Issue.
N um ber of Shares
M A TURED.
Pledged f o r
R. E. Loans.
Date
of
Maturing Value per
Share.
Date
of
Amount paid in per
Share.
N A ME OF B A N K .
Number of Series.
Statement o f Shares matured since Last Report — Continued.
Nov.,
1892,
June,
1904,
140
5
200 65
-
5
1
1
-
1
800 00
1,003 25
2,550 00
5,619 04
12
Dec.,
1891,
Jan.,
1904,
146
200 68
4
18
6
28
5
3
800 00
Guardian Co-operative Bank, .
13
June
1892,
Aug., 1904,
147
200 64
57
1
6
64
10
6
11,200 00
1
100 00
12,840 96
21,496 30
21,687 48
Haverhill Co-operative Bank, .
25
May,
1891,
Nov.,
1903,
151
200 90
22
10
75
107
38
7
4,300 00
5
1,700 00
Haverhill Co-operative Bank,
26
Nov , 1891,
June,
1904,
152
200 81
23
16
69
108
36
8
4,500 00
3
1,700 00
10
May,
Oct.,
1903,
150
202 54
2
-
-
2
1
1
300 00
-
400 00
11,451 30
18,634 41
.
Henry W ilson Co operative Bank, .
1891,
1892,
Hingham Co-operative Bank,
.
7
May,
Hingham Co-operative Bank,
.
8
Nov , 1892,
H olyoke Co-operative Bank,
24
May,
1892,
405 08
1904,
143
200 90
13
5
39
. 57
20
5
2,600 00
2
Sept., 1904,
143
200 37
17
-
76
93
16
5
3,250 00
-
-
2
450 00
9,750 24
2,250 00
11,942 78
Mar.,
April, 1904,
144
203 13
8
10
30
48
13
4
1,400 00
Holyoke Co-operative Bank,
25
N ov , 1892,
Oct.,
1904,
144
202 42
14
22
23
59
18
8
1,750 00
6
Home Co-operative B a n k ,.
21
June, 1892,
Nov.,
1903,
138
200 00
37
4
61
102
22
6
7,400 00
2
200 00
20,400 00
1,100 00
26,600 00
Home Co-operative B a n k ,.
22
D ec.,
1892,
May,
1904,
138
200 00
47
11
75
133
31
9
9,300 00
4
Homestead Co-operative Bank,
30
Mar.,
1892,
Feb.,
1904,
144
203 47
23
-
13
36
4
4
4,600 00
-
-
7,324 92
2
300 00
10,530 52
-
-
Homestead Co-operative Bank,
31
Housatonic Co-operative Bank,
7
Sept., 1892,
Aug.
1904,
144
202 51
July,
July,
1904,
145
200 64
1892,
Hudson Co-operative Bank,
13
Nov.,
1891,
Nov.,
1903,
145
200 73
Hudson Co-operative Bank,
14
May,
1892,
May,
1904,
145
200 09
liyde Park Co-operative B ink,
Hyde Park Co-operative Bank,
12
13
Mar.,
1892,
Sept , 1892,
Feb.,
1904,
Aug , 1904,
144
144
202 18
201 15
Lawrence Co-operative Bank, .
9
A pril, 1892,
1904,
144
200 28
Leominster Co-operative Bank,
9
May,
1892,
A pril, 1904,
144
201 25
Lowell Co-operative Bank,
14
Nov.,
1891,
Oct.,
1903,
144
203 59
Lowell Co-operative Bank,
15
May,
1892,
April, 1904,
144
202 64
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Mar.,
16
17
21
8
2
34
52
3
2
-
2
2
1
-
10
50
60
8
2
-
50
67
12
3
2
3
31
22
54
33
20
12
4
6
3,200 00
-
2
r
13,406 03
1
140 00
10,917 72
4
230 00
6,637 95
1
25 00
16,623 24
1
250 00
17,106 25
3,250 00 ' 4,000 00
1,600 00
5,000 00
1,000 00
401 28
12,043 80
4
54
83
18
6
5
80
85
20
• 1
20
10
54
84
21
3
4,000 00
1
725 00
17,101 56
21
25
48
94
14
6
4,200 00
1
4,500 00
19,048 16
25
-
SAVINGS BANK COMMISSIONERS.
Guardian Co-operative Bank, .
4
No. 8.J
11
Grafton Co operative Bank,
S hare L oans
CANCELLED
Ma tu r ity
o r Sh a r e s.
Amount.
b y
Number.
Total.
Unpledged.
|Pledged f o r
j Share Loans.
M ATURED.
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
S hares
Number of
Borrowers.
of
Number of Holders.
N um ber
Pledged f o r
R . E . Loans
of
Issue.
Date
of
Maturity.
Maturing Value per
Share.
Date
Amount paid in per
Share.
N AM E 06' B A N K .
Number of Series.
Statement o f Shares matured since Last Report — Continued.
Total
Value of
Shares
matured.
1
Nov.,
1891,
Jan.,
1904, $147 $200 18
-
-
35
35
5
-
10
N ov.,
1891,
Oct.,
1903,
144
201 20
57
11
73
141
23
12
$11,350 00
3
$2,000 00
28,369 20
Malden Co-operative Bank,
11
May,
1892,
May,
1904,
145
200 84
22
16
71
109
25
9
4,200 00
5
1,825 00
21,891 56
Mansfield Co-operative Bank, .
18
N ov.,
1891,
Oct.,
1903,
144
203 47
20
18
47
85
10
4
4,000 00
2
430 00
17,294 95
Mansfield Co-operative Bank, .
19
May,
1892,
April, 1904,
144
202 81
12
43
33
88
16
7
1,400 00
5
2,320 00
17,847 28
Marblehead Co-operative Bank,
13
May,
1892,
April, 1904,
144
201 61
9
10
-
19
3
3
1,800 00
5
1,600 00
3,830 59
Marlborough Co-operative Bank,
4
Nov.,
1891,
Jan ,
1904,
147
200 61
29
-
6
35
8
3
5,600 00
-
-
7,021 35
Marlborough Co-operative Bank,
5
May,
1892,
A ug.,
1904,
148
200 68
16
5
23
44
15
6
3,200 00
3
640 00
8,829 92
-
-
Mechanics’ Co-operative Bank,
21
Jan.,
1892,
Dec.,
1904,
144
204 60
12
-
5
17
3
2
2,400 00
-
Mechanics’ Co-operative Bank,
22
July,
1892,
June,
1904,
144
203 78
16
8
48
72
21
6
3,200 00
3
.
-
-
3,478 20
1,500 00
14,672 16
13
May,
1892,
Mar.,
1904,
143
200 98
21
27
71
119
18
10
4,400 00
2
4,200 00
23,916 62
14
N ov.,
1892,
Sept., 1904,
143
200 24
36
-
57
93
11
5
6,600 00
2
1,950 00
18,622 32
Melrose Co-operative Bank,
6
July,
1891,
Mar.,
1904,
153
206 16
-
-
5
5
1
-
-
-
-
1,030 80
Melrose Co-operative Bank,
7
Oct.,
1891,
Mar.,
1904,
150
200 88
-
-
5
5
1
-
-
-
-
1,004 40
Melrose Co-operative Bank,
9
April, 1892,
Sept., 1904,
150
200 92
-
-
5
5
1
-
-
-
-
1,004 60
D ec.,
N ov.,
1903,
144
204 83
19
5
63
87
31
8
5
500 00
17,820 21
Merchants.Co-operative Bank, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
21
1891,
3,800 00
I
[Pub. Doc.
Medford Co-operative Bank,
Medford Co-operative Bank,
REPORT OF THE
$7,006 30
Lynn Co-operative Bank, .
Malden Co-operative Bank,
1892,
May,
1904,
144
203 66
24
7
62
93
33
3
May,
1892,
A pril, 1904,
144
209 52
-
-
10
10
2
-
-
-
-
2,095 20
Middleborough Co-operative Bank, .
7
May,
1892,
Mar.,
143
200 93
-
-
30
30
12
-
-
-
-
6,027 90
5,201 82
Middleborough Co-operative Bank, .
Milford Co-operative Bank,
Needham Co-operative Bank, .
1904,
4,800 00
1
1,400 00
8
Nov.,
1892,
Sept., 1904,
143
200 07
5
-
21
26
7
1
1,000 00
-
-
10
Oct.,
1891,
June, 1904,
153
200 55
2
-
-
2
1
1
400 00
-
-
1
May,
1892,
Jan.,
141
200 98
-
11
28
39
11
2
-
2
1904,
18,940 38
401 10
1,970 00
7,838 22
2
Nov.,
1892,
July,
1904,
141
200 98
-
-
3
3
1
-
-
-
-
602 94
N ew B edford Co-operative Bank,
.
22.
N ov.,
1891,
Oct.,
1903,
144
203 14
-
-
42
42
21
-
-
-
-
8,531 88
N ew Bedford Co-operative Bank,
May,
1892,
13,761 16
Needham Co-operative Bank, .
.
23
North Abington Co-operative Bank,
9
North Abington Co-operative Bank,
10
April, 1904,
144
202 37
12
14
42
68
15
7
2,250 00
4
900 00
April, 1892,
Dec.,
1903,
141
200 98
15
2
1
18
6
5
3,000 00
1
330 00
3,617 64
Oct.,
1892,
June, 1904,'
141
200 98
5
5
45
55
12
2
1,000 00
1
600 00
11,053 90
1892,
10
-
18
28
10
2
2,000 00
-
-
5,614 28
43
16
-
-
-
8,606 45
-
-
4,626 91
Northampton Co-operative Bank,
.
7
May,
1904,
143
200 51
Northampton Co-operative Bank,
.
8
Nov., 1892,
Sept., 1904,
143
200 15.
-
-
43
North Easton Co-operative Bank,
.
8
Oct.,
Mar.,
1904,
138
201 17
-
-
23
23
7
-
North Easton Co-operative Bank,
.
9
A pril, 1893,
Sept., 1904,
138
200 64
7
-
32
39
8
1
1,400 00
-
-
7,824 96
7
Jan.,
1892,
D ec.,
1904,
144
203 29
10
-
17
27
6
2
2,000 00
-
-
5,488 83
-
15
15
4
-
-
-
3,090 30
-
7
12
3
1
1,000 00
-
-
2,461 80
1
1
1,200 00
-
-
1,209 30
1
250 00
8,621 07
Orange Co-operative Bank,
1892,
Mar.,
.
-
Peabody Co-operative Bank,
8
Dec.,
1891,
Nov.,
1903,
144
206 02
-
Peabody Co-operative Bank,
9
June, 1892,
May,
1904,
144
205 15
5
People’ s Co-operative Bank,
21
Nov.,
1891,
Oct.,
1903,
144
201 55
6
-
-
6
Pioneer Co-operative Bank,
28
A pril, 1892,
May,
1904,
146
200 49
20
2
21
43
13
4
4,000 00
-
Pittsfield Co-operative Bank,
.
6
Sept., 1891,
Oct.,
1903,
146
203 42
15
20
59
94
20
4
3,000 00
5
955 00
Pittsfield Co-operative Bank,
.
7
Mar , 1892,
April, 1904,
146
203 03
12
5
55
72
15
3
2,400 00
i
200 00
14,618 16
Plymouth Co-operative Bank, .
21
June,
N ov.,
138
200 23
21
5
10
36
8
6
3,600 00
i
600 00
7,208 28
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1892,
1903,
.
19,121 48
SAYIN GS BANK COMMISSIONERS.
June,
1
Merchants Co-operative Bank, .
No. 8.]
22
Merrimack Co-operative Bank,
Shark L oans
CANCELLED
b y M a t u r it y
o r Sh ar e s.
Total
Value of
Shares
matured.
Amount.
Number.
73
o
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
Number of
Borrowers.
Number o f Holders.
Unpledged.
Pledged f o r
Share Loans.
Issue.
Date
of
Maturity.
N um ber of Shares
M A TURED.
Pledged f o r
R . E. Loans.
Date
of
Maturing Value per
Share.
N AM E OF B A N K .
Amount paid in per
Share.
-
Number of Series.
Statement o f Shares matured since Last Report — Continued.
22
Dec.,
1892,
May,
19C4, $138 $200 08
10
12
38
60
16
7
$1,750 00
4
$1,070 00
$12,004 80
14
May,
1892,
Mar.,
1904,
143
200 22
24
11
113
148
24
6
4,700 00
2
1,000 00
29,632 56
Provident Co-operative Bank, .
15
N ov.,
1892,
Oct.,
1904,
144
204 95
8
-
115
123
1
-
1,600 00
-
-
Quincy Co-operative Bank,
7
May,
1892,
Jan.,
1904,
140
200 20
9
-
' 19
28
9
2
1,800 00
-
-
5,605 60
Quincy Co-operative Bank,
8
Nov.,
1892,
Sept., 1904,
143
200 33
38
4
25
67
13
7
7,350 00
1
306 00
13,422 11
Randolph Co-operative Bank, .
7
Feb.,
1892,
Jan ,
1904,
144
205 00
6
-
-
6
1
1
1,200 00
-
-
1,230 00
Randolph Co-operative Bank, .
8
A ug., 1892,
July,
1904,
144
204 22
16
-
-
16
4
4
3,100 00
-
-
3,267 52
7,188 30
25,208 85
10
June, 1891,
Oct ,
1903,
149
205 38
6
-
29
35
8
2
1,200 00
-
-
11
Dec.,
1891,
A p r.,
1904,
149
204 30
2
-
34
36
9
1
380 00
-
-
7,354 80
Reliance Co-operative Bank,
6
Jan.,
1892,
D ec.,
1904,
144
201 94
-
2
54
56
15
1
-
1
150 00
11,308 64
Reliance Co-operative Bank,
7
July,
1892,
June, 1904,
144
200 89
10
6
48
64
13
3
2,000 00
2
800 00
12,856 96
R oxbury Co-operative Bank,
5
Nov.,
1891,
Oct.,
144
202 51
25
15
35
75
10
3
5,000 00
2
1,400 00
15,188 25
6
May,
1892,
A p r.,
1904,
144 s
201 87
-
-
26
26
6
-
-
9
A pr.,
1892,
Mar.,
1904,
144
203 71
-
5
33
38
8
1
-
R oxbury Co-operative Bank,
.
Salem Co-operative B an k,.
1903,
•
-
-
5,248 62
1
150 00
7,740 98
Salem Co-operative B an k ,.
10
Oct.,
1892,
Sept., 1904,
144
202 89
21
-
39
60
9
3
4,150 00
-
-
12,173 40
Sandwich Co-operative Bank, .
13
D ec.,
1891,
A p r.,
149
209 21
3
2
-
5
3
3
600 00
2
100 00
1,046 05
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1904,
[Pub. Doc
Reading Co-operative Bank,
Reading Co-operative Bank,
REPORT OF TH E
Plymouth Co-operative Bank, .
Provident Co-operative Bank, .
A pr.,
1892,
A pr.,
1904,
145
200 84
10
-
-
26
Oct.,
1892,
Oct.,
1904,
145
200 58
6
-
-
6
1
1
1,200 00
_
6
Nov.,
1891,
Oct.,
1903,
144
201 53
6
-
-
6
1
1
1,200 00
-
22
4
-
So. Framingham Co-operative Bank,
10
1
1
So. Framingham Co-operative Bank,
7
May,
1892,
A pr.,
1904,
144
200 89
-
-
22
South Shore Co-operative Bank,
4
N ov.,
1891,
Oct.,
1903,
144
204 38
5
-
-
5
1
1
2,000 00
-
2,008 40
_
1,209 18
1,203 48
_
-
4,419 58
1,000 00
_
_
1,021 90
_
-
South Shore Co-operative Bank,
5
May,
1892,
A pr.,
1904,
144
203 47
6
-
-
6
3
3
1,200 00
-
So. W eym outh Co-operative Bank, .
8
Sept., 1892,
May,
1904,
141
200 97
3
8
-
11
2
2
600 00
1
-
1,500 00
1,220 82
2,210 67
Stoneham Co-operative Bank, .
11
N ov., 1891,
Nov.,
1903,
145
200 26
-
-
6
6
2
-
Stoughton Co-operative Bank, .
11
Sept., 1892,
May,
1904,
141
200 62
5
-
-
5
1
1
Suffolk Co-operative Bank,
14
May,
Mar., 1904,
143
200 72
-
-
20
20
2
-
T ro y Co-operative Bank, .
24
Oct.,
1891,
Oct.,
1903,
145
203 28
14
15
53
82
14
4
2,700 00
2
1,600 00
16,668 96
T ro y Co-operative Bank, .
25
A pr.,
1892,
A pr.,
1904, . 145
202 56
12
2
97
111
20
3
2,400 00
2
350 00
22,484 16
Volunteer Co-operative Bank, .
9
Jan.,
1892,
Dec.,
1904,
144
201 54
6
29
59
94
22
8
1,200 00
9
3,250 00
18,944 76
Volunteer Co-operative Bank, .
10
July,
1892,
June, 1904,
144
200 38
35
8
69
112
20
5
7,000 00
1
300 00
22,442 56
1892,
1,000 00
-
_
_
-
_
1,003 10
-
_
4,014 40
1,201 56
Waltham Co-operative Bank,
.
27
Oct.,
1891,
D ec.,
1904,
147
201 04
13
-
76
89
23
1
2,600 00
-
Waltham Co operative Bank,
.
28
Jan.,
1892,
Mar.,
1904,
147
200 20
8
-
34
42
15
1
1,600 00
1
300 00
8,408 40
Waltham Co-operative Bank,
.
29
A p r.,
1892,
July,
1904,
148
200 38
-
-
67
67
-
-
-
_
_
13,425 46
W eir Co-operative Bank, .
16
Jan.,
1892,
Dec.,
1904,
144
204 59
-
-
17
17
3
-
-
_
_
3,478 03
W estfield Co-operative Bank, .
20
D ec.,
1891,
Mar.,
1904,
148
202 56
5
-
-
5
1
1
950 00
-
_
1,012 80
Westfield Co-operative Bank, .
21
June,
1892,
July,
1904,
146
200 49
-
-
4
4
1
-
-
-
*_
801 96
June, 1892,
May,
1904,
144
203 76
-
-
47
47
9
-
-
-
_
9,576 72
West Newton Co-operative Bank,
.
1
17,892 56
W est Roxbury Co-operative Bank, .
22
Nov.,
1891,
Jan.,
1904,
147
200 11
8
31
73
112
23
8
6,000 00
3
1,000 00
22,412 32
W est Roxbury Co-operative Bank, .
23
May,
1892,
A ug., 1904,
148
200 25
53
33
66
152
25
11
10,600 00
6
5,100 00
30,438 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
SAYINGS BANK COMMISSIONERS.
25
Somerville Co-operative Bank, .
No. 8.]
Somerville Co-operative B an k,.
-
12
12
5
-
-
3
12
4
2
-
15
15
10
-
-
2
2
4
2
1
14
5
32
51
9
.2
2,800 00
7
2
30
39
7
2
1,400 00
1
250 00
7,824 57
5
13
29
47
19
4
1,000 00
7
1,560 00
9,400 00
146
200 86
Whitman Co-operative Bank, .
7
Mar.,
1892,
Feb.,
1904,
144
200 64
-
Whitman Co-operative Bank, .
8
Sept., 1892,
A ug., 1904,
144
205 58
9
Winchendon Co-operative Bank,
2
Mar.,
Feb.,
1904,
144
203 01
-
3
Sept., 1892,
A u g., 1904,
144
202 23
W ollaston Co-operative Bank, .
7
A p ril, 1892,
D ec.,
1903,
141
200 55
Wollaston Co-operative Bank, .
8
Oct.,
1892,
July,
1904,
142
200 63
W orcester Co-operative Bank, .
25
Oct.,
1892,
A pril, 1904,
139
200 00
W orcester Co-operative Bank, .
26
A pril, 1893,
W orkingmen’s Co-operative Bank, .
24
Dec.,
1891,
W orkingmen’s Co-operative Bank, .
25
June, 1892,
W orkingmen’s Co-operative Bank, .
26
Sept., 1892,
Totals for year ending Oct. 31,
1901.
Previously reported.............................
-
2
-
$1,800 00
2
-
Total.
Amount.
$1,724 00
^
-
$14,469 84
19,282 56
-
-
2,407 68
-
-
2,466 96
3,045 15
-
-
-
-
1
300 00
808 92
1
750 00
10,228 05
1904,
139
200 00
9
-
-
9
o
2
1,650 00
-
-
1,800 00
N ov.,
1903,
144
200 21
52
2
82
136
42
11
10,100 00
2
150 00
27,228 56
May,
1904,
144
201 09
32
20
76
128
33
9
6,250 00
5
2,400 00
25,739 52
A ug., 1904,
144
200 48
10
1
67
78
28
2
1,850 00
_
-
_
_
1,806
940
5,127 7,873
1,785
-
-
-
-
9,929 4,862 27,265 42,056 10,311 2,790 1,926,206 00 1,452
-
11,735 5,802 32,392 49,929 12,096 3,279 $2,283,711 00 1,705 $629,167 00 $10,075,187 69
-
-
Oct ,
-
489 $357,505 00
-
-
15,637 44
253 $108,396 00
$1,586,587 40
520,771 00
8,488,600 29
[Pub. Doc.
W est Somerville Co-operative Bank,
1904,
matured.
REPORT OF TH E
1903, $145 $200 97
May,
Number.
15
20
Oct.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount o f R e a l
Estate Loans can
celled by Maturity
of Shares.
72
96
1891,
Totals from date of first maturity,
Number of
Borrowers.
59
96
Oct.,
A pril, 1892,
Winchendon Co operative Bank,
Number of Holders.
13
3
4
1892,
Total
Value of
Shares
-
W est Somerville Co-operative Bank,
Unpledged.
of
Maturity.
Sh ake L oans
CANCELLED
b y M a t u r it y
op Sh ak es.
Pledged f o r
Share Loans.
of
Issue.
N um ber of Shares
M A TU R ED .
Pledged f o r
R . E. Loans.
Date
Maturing Value per
Share.
Date
Amount paid in per
Share.
N A ME OF B A N K .
Number of Series.
Statement o f Shares matured since Last Report — Concluded.
No. 8.]
SAVINGS BANK COMMISSIONERS.
A
llston
xix
C o- operative B ank .
This bank ia at present being liquidated by a committee
appointed by its shareholders, such action being voluntary on
their part.
The bank began business in 1887, and was very successful
for some years, but later on made many unwise investments.
It was hoped, in July, 1904, after the assets o f the bank had
been carefully appraised by a committee of shareholders and
the profits scaled down to their figures, that it might regain in
time the confidence of its shareholders and the public. Such
was not the case, however, and on Oct. 12, 1904, the share
holders voted to discontinue further business. The bank on
this date, as a going institution, was probably solvent, but as
a liquidating bank there may be a further slight shrinkage.
The total net liability to shareholders on Oct. 31, 1904, was
$82,512.98.
The following is a statement showing flie transactions o f the
liquidating committee from October 12, the date when they
assumed charge o f the bank’s affairs, to October 31, inclu
sive : —
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
XX
Table showing Disposition of the Assets o f the Allston Co-operative Bank from Oct 1 2 , 1 9 0 4 , to Oct. 3 1 ,1 9 0 4 .
Loans on real e s t a t e ,.....................................................................
Loans on shares................................................................................
M o r tg a g e s ,.....................................................................................
Real estate by foreclosure or o th e r w is e ,..................................
Cash and cash i t e m s ,.....................................................................
$64,250
990
27,504
10,143
984
Received from interest on loans, e t c . , ..................................
Amount
of Accrued
Interest,
etc., added
thereto.
00
00
00
91
71
$1,074 03
10 53
$103,872 62
$1,084 56
D isposition
Total
to
be accounted
fo r.
$65,324
1,000
27,504
10,143
984
03
53
00
91
71
Amount
Amounts
due
received in
Borrowers
Cash.
offset.
$200 00
of
A ssets .
Interest
collected,
etc.
$21,762 79
1,000 53
75 00
$21,962 79
1,000 53
$50 00
984 71
$104,957 18
Total Cred
its on
Principal.
Balance of
Assets
Oct. 31,1904.
$43,361 24
27,429 00
10,143 91
984 71
$22,763 32
$50 00
$23,948 03
50 00
$1,309 71
Less paym ent: —
For expenses.....................................................................................
77 66
Cash on hand Oct. 31, 1 9 0 4 , ....................................................
$1,232 05
1,232 05
$82,166 20
[Pub. Doc
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF TH E
C H A R A C T E R OF A SSET S.
Amount
as shown by
Books
Oct. 12, 1904.
No. 8.]
SAVINGS BANK COMMISSIONERS.
xxi
COLLATERAL LOAN COMPANIES.
The financial statements of the
character, all of which have been
accountant, selected by the Board,
correctness o f the same, will be
pages.
three companies o f this
examined by an expert
and who certifies to the
found in the subsequent
MORTGAGE LOAN COMPANIES.
G lobe I nvestment C ompany .
The receiver of this company, in response to the request
of the Board for a statement of his doings for the year, writes
as follows : —
Practically speaking, my report o f 1903 would cover the year 1904.
A s I therein pointed out, the business o f the receiver is practically
confined to the straightening out o f titles, making deeds, affidavits,
discharges and assignments o f mortgages, copies o f the by-laws and
original records o f the company, delivery o f tax papers, abstracts,
patents, and the making o f depositions to be used in the various
cases still pending in the courts o f the western States.
The total receipts for these services are $548.65, while the total
disbursements, including certificates from the court, rent, clerk hire,
.etc., amount to $932.61. The total number o f deeds and papers fur
nished is seventy-five, and probably about an equal number have been
refused.
The dividends paid to the bondholders by the protective committee,
o f which the receiver (as an individual) is a member, are quite as
satisfactory as I thought they would be in my last report to your
Board.
The termination of this protracted receivership is largely
dependent upon the settlement of many pending suits in the
west, to which the company is a party.
T he N ational M ortgage
and
D ebenture C ompany .
The secretary of the bondholders’ committee of this company
advises the Board that nothing of importance has been done
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
xxii
REPORT — SAYINGS BANKS.
[P. D. No. 8.
during the year. He further states that the committee are
nearly ready to close up the matter finally, and will at once
report to the Board when that result is attained.
It may be of interest to add that the report alluded to had
not been received at the time of this writing, more than three
months subsequent to the letter of advice.
FOREIGN SAYINGS AND LOAN ASSOCIATIONS.
A merican B uilding , L oan
and
I nvestment Society
or Chicago , I I I .
The receiver of this company advises the Board that a fifth
dividend of 4 per cent, was paid in September, 1904, and that
the remaining assets, consisting o f some scattered real estate,
will, when sold, enable the receiver to pay a small final divi
dend.
The license of this company to transact business in this
Commonwealth was revoked in December, 1893, and immedi
ately thereafter its affairs were placed in the hands of receivers.
The five dividends which have been paid in liquidation
aggregate 32 per cent.
M innesota S aving F und
of
and
I nvestment C ompany
M inneapolis , M in n .
Under the direction and control of the Public Examiner of
Minnesota, the affairs of this company are being voluntarily
liquidated by its officers. This course was entered upon Aug.
28, 1902, and from that date to Oct. 31, 1904, four dividends
of 5 per cent, each had been paid to its stockholders.
Under date of Nov. 4, 1904, the president of the company
informs the Board that the utmost is being done to obtain the
highest amount, at the least expense, from the assets o f the
company for its stockholders.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
WARREN E. LOCKE,
JAMES 0 . OTIS,
FREDERIC B. WASHBURN,
Board o f Commissioners o f Savings Banks.
ABSTRACT OE ANNUAL REPORTS
OF THE
CO-OPERATIVE
BANKS,
SHOW ING TH E IR
CONDITION AT CLOSE OF BUSINESS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
O ctober 31, 1904.
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 .
Incorporated Nov. 15, 1889.
Commenced business N ov. 16, 1889.
R u fu s A . S o u l e , President.
C h a r l e s R . P r i c e , Secretary.
E d g a r L o r d , Treasurer.
Names of security committee :
L ot B . B a t e s ,
W il l ia m A . K
B e n j a m in F . B r o w n e l l .
ir b y ,
Regular meetings the fourth Saturday of each month.
B ala n c e S heet O c t . 31, 1904.
L ia b il it ie s .
A ssets.
$187,740 00
Loans on real estate,
20,665 00
Loans on shares, .
85 20
Permanent expense account,
2,783 00
Unpaid dues.................................
2,228 73
Unpaid interest,
165 80
Unpaid fines, .
.
.
.
9 00
Suspense account, .
5,575 59
Cash in hands of treasurer, .
$176,680 00
Dues capital,
32,039 86
Profits capital (all series), .
Guaranty fund, .
1,890 28
1,290 12
Surplus,
.
.
.
.
forfeited share account,
215 98
Retired share account,.
797 62
Matured share account,
5,834 36
Uncompleted mortgage loans,
213 42
290 68
Personal accounts,
$219,252 32
$219,252 32
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,.
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
retired share account, .
matured share account,
personal accounts,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D is b u r s e m e n t s .
$49,705 00
10,403 84
211 12
75
23,726 48
3,200
11,150
3u5
9
486
00
00
06
36
70
4,846
2,873
5,834
1,229
5,571
20
96
36
33
88
$119,554 04
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
.
.
.
.
personal accounts, .
retired share account, .
Cash on hand Oct. 31, 1904,.
$41,501
16,660
25,521
448
5,626
6,230
4,441
52
2,150
2,458
947
314
23
00
00
00
00
00
55
26
06
47
59
40
500 '98
4,846
18
2,262
5,575
20
51
20
59
$119,554 04
SAYIN GS BANK COMMISSIONERS.
No. 8.]
3
Total Amount o f Loans at Specified Rates o f Interest.
L oans on Re al E sta te .
Amount.
$177,500 00
L o a n s o n Sh a k e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.50 per cent.
$10,240 00
6.06 per cent.
$20,245 00
420 00
5.50 per cent.
6.06
“
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
$201
190
179
168
157
147
137
128
118
109
100
92
84
76
68
60
53
45
38
32
25
18
12
6
Dues paid in advance, .
Total,
74
27
10
28
80
59
70
10
77
72
94
42
11
07
24
62
20
96
90
01
29
73
33
09
Total
Value.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
in
F o rce.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
55
25
24
21
74
70
123
69
151
44
121
49
72
114
149
78
181
159
242
359
406
504
437
776
$11,095
4,756
4,298
3,533
11,677
10,331
16,937
8,838
17.934
4,827
12,213
4,528
6,055
8,671
10,167
4,728
9,735
7,307
9,413
11,491
10,267
9,439
5,388
4,725
Shares
Series.
D ate or
I ssu e.
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
70
75
40
88
20
30
10
90
27
68
74
58
92
98
76
36
60
64
80
59
74
92
21
84
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
32,039 86
'
352 00
$208,719 86
Total,
Number of shares issued during the y e a r , ....................................... 1,393
Number of shares now in f o r c e , ........................................................... 4,305
Number of shares now borrowed u p o n ,................................................. 1,438
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ....................................... 732
Number of shares forfeited during the year, ..................................................26
Number of shares retired during the y e a r , ................................................. 39
Number of shares matured during the year..................................................... 42
Highest rate of premium or interest received on money sold during the y ea r:
5£ per cent.
Lowest rate of premium or interest received on money sold during the year:
5£ per cent.
Rate of profits distributed: first term, 2J per cent.; second term,
per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$176,680 00
$208,719 86
4
REPOET OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................110
Present number of m e m b e rs,....................................................................................571
Present number of borrowers,................................................................................... 172
Present number of non-borrowers,......................................................................... 399
Number of loans secured by first mortgage of real estate,
.
.
.118
Number of loans on s h a r e s , .....................................................................................54
Largest loan to any one m e m b e r ,............................................................................... $5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
947 59
Date of examination by commissioner : June 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
SAYIN GS BANK COMMISSIONERS
0
AD AM S C O -O P E R A TIV E B A N K — AD AM S.
Incorporated Dec. 17, 1895.
Commenced business March 10, 1896.
G e o r g e B . A d a m s , President.
F r a n k H a n l o n , Secretary and Treasurer.
Names of security committee :
E . B u r l in g a m e ,
S. L . A . H a l l ,
J o h n J. C a r n e y .
Regular meetings the second Tuesday of each month.
B a l a n c e S h e e t O c t . 3 1 , 1 9 04.
L i a b il it ie s .
A sse ts.
Loans on real estate,
Loans on shares, .
Cash in hands of treasurer.
.
$154,656 00
7,085 00
3,609 34
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
.
$165,350 34
$141,645
22,947
404
352
00
69
72
93
$165,350 34
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
.
$42,077
8,798
169
28,421
11,197
146
4,745
00
93
70
00
00
16
57
D is b u r s e m e n t s .
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
Cash on hand Oct. 31, 1904,
$95,555 36
$57,541
10,375
20,685
2,918
426
3,609
$95,555 36
Total Amount o f Loans at Specified Rates o f Interest.
L o a n s o n Re a l E s t a t e .
Amount.
$154,656 00
Rate.
6 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount
-
00
00
00
13
89
34
L oans on Sh ar es.
Rate.
_
Amount.
$7,085 00
Rate.
6 per cent.
REPORT OF THE
6
[Pub. Doc.
Series.
Value per
Share.
Shares in
Force.
Total
Value.
Reconciliation o f Share Account with Dues and Profits Capital.
1896, .
1
$ 13 4 79
139
$ 1 8 ,7 3 5
81
1896, .
2
122 02
64
7 ,8 0 9
28
1897, .
1897, .
1898, .
3
4
112 7 4
76
119
8 ,5 6 8 2 4
1 2 ,3 3 6 7 3
37
132
3 ,5 0 7 2 3
1 1 ,3 7 8 4 0
127
265
1 8 ,4 7 3
D ate of
I ssu e .
M ar.,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
Nov ,
M ay,
N ov.,
M ay,
Nov*.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
5
103 67
9 4 79
1898, .
6
8 6 20
1899, .
1899, .
7
8
9
6 9 71
1900, .
77 83
172
1900, .
10
61 78
5 4 10
1901, .
11
12
46 63
152
39 36
1901, .
1902, .
284
7 .0 8 7 7 6
1 2 ,0 8 3 5 2
13
3 2 31
14
25 47
18 83
315
8 ,0 2 3
05
15
266
5 .0 0 8
78
1903, .
16
12 37
244
3 ,0 1 8
28
1904, .
17
456
2 ,7 8 1
60
Total,
1 0 ,3 0 6
89
150 00
$ 1 6 5 ,1 4 3
69
Total,
Number of shares issued during the year,
Number of shares now in force,
.
.
.
.
Number of shares now borrowed upon, .
Largest number of shares held by any one member,
Number of shares withdrawn during the year,
Highest rate of premium or interest received on mone
6 per cent.
Lowest rate of premium or interest received on mone;
6 per cent.
Number of members withdrawn during the year, .
Present number of m e m b e r s ,.................................................
Present number of borrow ers,.................................................
Present number of non-borrow ers,.......................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,........................................
Smallest loan to any one m e m b e r ,........................................
$ 1 6 5 ,1 4 3
.
69
760
3,474
1,147
.
25
. 586
during the y e a r:
during the y e a r:
term, 3 per cent.
.
60
. 150
. 295
. 118
.
35
Oct. 31 , 1904,
Date of examination by commissioner : April 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
69
551 00
15
1902, .
Dues paid in advance, .
00
2 2 ,9 4 7
1 0 ,6 2 6 1 6
1 5 ,3 6 4 4 0
1903, .
10
$ 1 4 1 ,6 4 5
9 ,8 8 4 4 1
307
319
6
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues, .
.
$5,000 00
20 00
426 89
No. 8.]
7
SAYINGS BANK COMMISSIONERS.
A M E SB U R Y C O -O P E R A T IV E B A N K — AM E SB U R Y.
Incorporated April 10, 1886.
W
il l ia m
Commenced business M ay 1, 1886.
W . H a w k e s , President.
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.
Names of security committee:
W
il l ia m
W . H a a vk es ,
R ic h a r d E . B r ig g s ,
J ohn Cu r r ie r .
Regular meetings the first Monday of each month.
B alan ce S heet O c t . 3 1 , 1 9 0 4 .
L ia b il it ie s .
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid premiums,
Cash in hands of secretary,
Cash in hands of treasurer,
.
.
.
$76,585
3,400
400
956
45
85
9,467
00
00
00
84
38
40
45
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
.
$69,627
17,961
1,775
1,573
00
61
19
27
$90,940 07
$90,940 07
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 , 1904.
D is b u b s e m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
town note, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,111
4,738
223
97
00
77
73
81
25
7,265 00
1,000 00
1,625 00
120 21
1 50
5,000 00
8,147 39
$38,330 66
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured,
temporary expenses,
real estate by foreclosure,
.
.
.
.
interest refunded, .
premium refunded,
fines refunded,
Cash on hand Oct. 31, 1904,
$10,225
2,000
4,344
7,333
1,223
2,946
675
00
00
00
00
93
99
79
11 40
15 28
80
1 62
9,552 85
$38,330 66
8
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L o a n s on R e al E s t a t e .
Amount.
R ate.
$76,385 00
6.30 per cent.
L oans on Sh ar es.
Amount.
$200 00
R a te.
Amount.
Rate.
6.60 per cent.
$3,400 00
6.30 per cent.
N ov., 1 8 9 2 ,
M ay, 1 8 9 3 ,
N ov ., 1 8 9 3 ,
M ay, 1 8 9 4 ,
N ov., 1 8 9 4 ,
N ov ., 1 8 9 5 ,
M ay, 1 8 9 6 ,
N ov., 1 8 9 6 ,
M ay, 1 8 9 7 ,
N o v ., 1 8 9 7 ,
M ay, 1 8 9 8 ,
N ov., 1 8 9 8 ,
M ay, 1 8 9 9 ,
N ov ., 1 8 9 9 ,
M ay, 1 9 0 0 ,
N ov., 1 9 0 0 ,
M ay, 1 9 0 1 ,
N ov., 1 9 0 1 ,
M ay, 1 9 0 2 ,
N ov., 1 9 0 2 ,
M ay, 1 9 0 3 ,
N ov ., 1 9 0 3 ,
M ay, 1 9 0 4 ,
.
14
$200
83
49
Value.
T otal
Force.
S hares in
D a t e of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$ 9 ,8 4 0
67
.
15
189 42
20
3 ,7 8 8
40
.
16
178 37
4 ,8 1 5
99
.
17
18
167 65
27
70
1 1 .7 3 5
50
.
.
20
.
21
157 23
137 24
127 69
118 39
.
22
.
.
23
109
24
100 63
.
25
92
39
15
19
87
78
2 .9 8 7
1 1 ,9 3 9
37
88
9 ,9 5 9
82
23
80
2 ,7 2 2
8 ,7 5 1
97
20
35
42
3 .5 2 2
05
3 ,8 7 0
30
3 ,0 2 0
40
.
26
83 90
.
75
90
36
31
2 ,3 5 2
90
.
27
28
68
12
10
681
20
.
29
60 53
30
1 ,8 1 5
30
53
12
11
584
32
31
45
89
59
.
32
38
84
51
84
.
31
96
.
33
34
26
21
2 ,7 0 7
1 ,0 0 9
25 25
16
75
35
18 70
27
41
671
681
.
.
36
12 31
26
766 70
320 06
.
37
6 08
34
206
Total,
$ 6 9 ,6 2 7
00
1 7 ,9 6 4 61
1 ,1 7 6 0 0
‘
90
.
.
Dues paid in advance, .
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
72
15 00
$ 8 8 ,7 6 7
61
Total,
$ 8 8 ,7 6 7
61
Number of shares issued during the y e a r , ................................................. 60
Number of shares now in f o r c e , ..................................................................... 882
Number of shares now borrowed u p o n ,........................................................... 480
Largest number of shares held by any one member,
.
.
.
.
22
Number of shares withdrawn during the y e a r , ........................................55
Number of shares matured during the year, .
.
.
.
.
.
51
Highest rate of premium or interest received on money sold during the year :
6.30 per cent.
Lowest rate of premium or interest received on money sold during the year :
4.75 per cent.
Rate of profits distributed : first term, 2£ per cent. : second term : 2J per cent.
Number of members withdrawn during the y e a r ,....................................... 25
Present number of members, .
..................................................................... 171
Present number of borrowers,
..................................................................... 88
Present number of non-borrowers........................................................................ 83
Number of loans secured by first mortgage of real estate,
.
.
.
80
Number of loans on s h a r e s , ...............................................................................8
Largest loan to any one m e m b e r ,...............................................................................
$3,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31,1904, .
675 79
Date of examination by commissioner : March 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
9
SAYINGS B A N K COMMISSIONERS.
A R L IN G T O N
C O -O P E R A TIV E
Incorporated Oct. 30, 1889.
B A N K — A R L IN G T O N .
Commenced business Nov. 14, 1889.
J a m e s A . B a i l e y , Jr., President.
C h a r l e s H . S t e v e n s , Secretary.
W a r r e n A . P e i r c e , Treasurer.
Names of security committee:
J a m e s A . B a i l e y , Jr.,
W
il l ia m
N. W
in n .
Regular meetings the second Tuesday of each month.
B a la n c e Sh e e t O c t.
A ss e t s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$228,184 47
13,220 00
Loans on shares, .
Permanent expense account,
360 00
Real estate by foreclosure,
3,188 75
Mortgages,
.
.
.
.
2,295 00
Unpsid interest,
856 08
Unpaid premiums, .
128 44
Cash in hands of treasurer, .
5,433 85
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Personal accounts,
.
$253,666 59
$210,714
39,228
1,113
2,537
5
67
00
85
00
90
80
04
$253,666 59
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
mortgages, .
surplus account, .
temporary expense account,
personal accounts,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rsem en ts .
$51,284
11,810
15
357
1
22,600
00
49
25
44
25
00
3,160 00
9,200
5,670
441
2
00
00
88
88
2,806 73
105 00
98 33
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital m atured,.
temporary expenses,
real estate by foreclosure.....................................
mortgages,
interest account,
profits capital,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$26,634
6,230
15,892
219
5,660
27,293
1,794
11
1,746
10,708
1,432
47
00
00
00
00
00
65
52
99
32
81
3,508
2,400
6
67
5,433
26
00
48
37
85
75 00
67 04
1,343 43
$109,038 72
$109,038 72
REPORT OF THE
10
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
L o an s
He a l E s t a t e .
on
S h ar es .
Kate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
6.0 0
“
6.30
“
$1,150 00
150 00
6.90 per cent.
7.20
“
$13,220 00
5.00 per cent.
Amount.
$216 684 47
9,000 00
1,200 00
on
N ov .,
M ay,
N ov ,
M ay,
N ov.,
M ay,
N ov..
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
$199
187
176
166
155
145
136
126
117
108
100
91
83
75
67
60
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
•
26
68
71
03
75
75
05
63
49
62
03
67
50
58
82
27
89
72
68
86
18
65
29
08
53
73
87
96
76
59
55
60
80
103
102
163
86
210
221
142
261
219
294
261
379
391
365
484
.
Total
Value.
Value per
Share.
Series.
D a t e op
I ssue .
Shares in
Force.
Reconciliation o f Share Account with Dues and Profits Capital.
$10,560
13,700
15.373
15,938
11,837
8,599
7,482
7,597
9,399
11,187
10,203
14,942
7,181
15 871
14,988
8 558
13.804
10 012
11,371
8.315
9,543
7,292
4,485
2,942
78
64
77
88
00
25
75
80
20
86
06
21
00
80
22
34
29
68
92
46
22
15
85
72
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
39,228 85
1,606 00
358 00
$251,548 85
Total,
Number of shares issued during the y e a r , ................................................. 926
Number of shares now in force,
.
.
.
.
.
.
.
4,320
Number of shares now borrowed u p o n ,................................................. 1,481
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................435
Number of shares forfeited during the y e a r ,................................................. 16
Number of shares retired during the y e a r , ................................................. 49
Number of shares matured during the y e a r , ................................................. 189
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2-J per cent.; second term, 2| per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$210,714 00
$251,548 85
No. 8.]
SAYINGS BANK COMMISSIONERS.
Number of members withdrawn during the year, .
.
.
.
Present number of members,
Present number of borrowers,.....................................................................
Present number of non-borrow ers,...........................................................
Number of loans secured by first mortgage of real estate,
.
Number of loans on s h a r e s , .....................................................................
Largest loan to any one member.................................................................
Smallest loan to any one member...............................................................
. 136
. 495
. 152
. 343
. 128
.
30
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : July 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
11
.
$5,000 00
50 00
1,499 90
[Pub. Doc.
REPORT OF THE
12
A T H O L C O -O P E R A T IV E B A N K — ATH O L.
Incorporated July 1, 1889.
Commenced business July 15, 1889.
n
G e o r g e D . B a t e s , President.
C. F . R
ic h a r d s o n ,
Secretary and Treasurer.
Names of security committee:
L evi B. F a y ,
A rthur F . T y l e r ,
Charles F . A m sden .
Regular meetings the third Monday o f each month.
B alance Sheet Oct.
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
.
.
$64,675
1,355
2,674
208
32
7,391
00
00
59
06
85
69
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$64,066
9,587
508
2,175
00
96
00
23
$76,337 19
$76,337 19
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rsem en ts .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclos
ure, .
.
.
.
mortgage,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$19,921 00
3,336 11
139 89
25
10,550 00
2,200 00
6,052 00
137 47
93
81 90
120 00
1,400 00
3,995 04
$47,934 59
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
Cash on hand Oct. 31,1904, .
$12,225
4,362
12,711
80
4,238
1,584
1,658
3
1,057
624
289
81
00
00
00
00
00
00
56
35
20
58
87
90
100 07
1,527 37
7,391 69
$47,934 59
N o. 8.]
13
SAYINGS BAN K COMMISSIONERS.
Total Amount o f Loam at Specified Bates o f Interest.
L oans
Amount.
on
Amount.
Rate.
5 per cent.
$64,675 00
L o an s
R eal E state.
■
Amount.
Rate.
$1,355 00
-
"
on
Sh ar es .
Rate.
5 per cent.
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$197
168
157
147
137
127
118
109
100
92
83
75
68
60
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
86
20
67
48
57
95
61
51
72
18
87
82
00
36
96
73
72
87
19
67
30
08
2
5
5
8
30
64
34
27
19
68
49
48
97
21
147
79
27
129
153
202
139
295
Total
Value.
■
Shares in
Force.
Series.
D a t e of
I ssue .
Jan.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M av,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
$395
841
788
1,179
4,127
8.188
4,032
2,956
1,913
6,268
4,109
3,639
6,596
1,267
7,785
3,612
1,045
4,111
3,854
3,771
1,709
1,793
72
00
35
84
10
80
74
77
68
24
63
36
00
56
12
67
44
23
07
34
70
60
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$64,066 00
9,587 96
356 00
22 00
$74,009 96
Total,
$74,009 96
Number of shares issued during the y e a r , ................................................. 455
Number of shares now in f o r c e , ...........................................................1,648
Number of shares now borrowed u p o n ,.......................................................... 395
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 318
Number of shares forfeited during the y e a r ,................................................. 5
Number of shares retired during the y e a r , ................................................. 40
Number of shares matured during the year, .
.
.
.
.1 1
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2§ per cent.
Number of members withdrawn during the year, .
.
.
32
Present number of m e m b e r s ,...............................................................................253
................................................. 87
Present number of borrowers,.
.
.
Present number of non-borrowers, .
.
................................................. 166
Number of loans secured by first mortgage of real estate,
.
.
.
78
Number of loans on s h a r e s , .............................................................................. 18
Largest loan to any one member.................................................................................... $2,000 00
Smallest loan to any one m e m b e r,..............................................................................
100 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
289 87
Date of examination by commissioner : March 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
14
REPORT OF THE
[Pub. Doc.
A T L A N T IC CO -O P ER ATIV E B A N K — L A W R E N C E .
Incorporated March 26, 1891.
Commenced business April 30, 1891.
T h o m a s B e v in g t o n , President.
F . A . S h e r m a n , Secretary.
W . D . C u r r i e r , Treasurer.
Names of security committee:
T h o m a s B e v in g t o n ,
R obert T. T odd,
R . H . Ba r lo w .
Regular meetings the last Friday of each month.
B alance
S h ee t O ct.
31, 1904.
L ia b il it ie s .
A ss et s .
$146,200 00
Loans on real estate,
4,350 00
Loans on shares, .
Permanent expense account, •
196 05
2,804 76
Real estate by foreclosure,
Unpaid interest,
900 25
Unpaid premiums,
2 50
Unpaid fines, .
.
.
.
100 13
Cash in hands of treasurer, .
5,489 81
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
$128,046
27,590
1,755
3
158
121
1,731
637
00
78
16
00
49
23
10
74
$160,043 50
$160,043 50
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 , 1904.
D isbu r se m e n t s .
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated bv foreclosure,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$35,433
9,679
20
694
50,350
00
44
97
60
00
3,800 00
9,500 00
388 83
4,073 88
3,163 14
$117,103 86
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital matured, .
temporary expenses,
permanent expenses,
real estate by foreclosure,
Cash on hand Oct. 31,1904, .
$44,300
3,800
33,359
1,014
5,345
7,551
6,185
111
2,227
3,273
475
46
3,925
5,489
00
00
00
00
00
00
78
04
27
37
00
05
54
81
$117,103 86
No. 8.]
15
SAYINGS BANK COMMISSIONERS
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L oans
Real E sta te .
on
S h ar es .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$33,600 00
104,000 00
5.00 per cent.
6.00
$7,600 00
1,000 00
6.30 per cent.
6.60
$1,300 00
3,050 00
5.00 per cent.
6.00
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
•
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
23
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
$198
192
186
180
175
169
164
158
153
148
143
138
133
123
118
113
104
100
95
91
87
82
78
74
70
66
62
58
54
51
47
43
40
36
33
29
26
23
19
16
13
10
7
4
1
Dues paid in advance, .
Totals,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
07
18
40
70
04
51
06
70
40
18
06
01
01
28
49
80
63
14
72
37
07
83
67
57
53
54
61
73
92
17
47
83
24
71
22
79
40
06
78
54
35
20
09
03
00
Total
Value.
1893,
1893,
1893,
1894,
1894,
1894,
1894,
1895,
1895,
1895,
1895,
1896,
1896,
1896,
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,
Shares in
Force.
Series.
D a te of
I ss u e .
Apr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
A pr.,
Oct.,
Jan.,
Apr.,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
36
42
10
14
65
24
18
21
31
10
20
45
20
31
67
45
10
28
43
5
5
6
83
53
62
40
114
17
29
142
130
64
99
95
146
28
58
106
185
51
207
159
137
122
129
$7,130
8,071
1,864
2,529
11,377
4,068
2,953
3,332
4,755
1,481
2,861
6,210
2,660
3,821
7,938
5,121
1,046
2,803
4,115
456
435
496
6,529
3,952
4,372
2,661
7,137
998
1,592
7,266
6,171
2,805
3.983
3,487
4,850
834
1,531
2,444
3,659
843
2,763
1,621
971
491
129
52
56
00
80
60
24
08
70
40
80
20
45
20
68
83
00
30
92
96
85
35
98
61
21
86
60
54
41
68
14
10
12
76
45
12
12
20
36
30
54
45
80
33
66
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$128,046 00
27,590 78
1,181 00
-
186 00
$156,817 78
Total,
$156,817 78
16
REPORT OF THE
[Pub. Doc.
Number of shares issued during the y e a r , .................................................652
Number of shares now in f o r c e , ........................................................... 2,852
Number of shares now borrowed u p o n ,........................................................... 977
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ....................................... 792
Number of shares forfeited during the y e a r ,................................................. 53
Number of shares retired during the y e a r , ................................................. 35
Number of shares matured during the y e a r ,................................................. 54
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the year :
5 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,........................................107
Present number of m e m b e r s ,.................................................................................. 298
Present number of borrowers,.................................................................................. 114
Present number of non-borrow ers,.........................................................................184
Number of loans secured by first mortgage of real estate,
.
.
.
94
Number of loans on s h a r e s , .....................................................................................20
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
525 00
Date of examination by commissioner : February 9. .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
17
SAY IN G S BANK COMMISSIONERS.
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 — A T T L E
BOROUGH.
Incorporated July 18, 1892.
S id n e y 0 . B i g n e y , President.
Commenced business A u g . 17, 1892.
H a r r y E . C a r p e n t e r , Secretary and Treasurer.
Names of security committee :
F red L. T orrey,
A. N . Brow nell,
M . F . A sh le y.
Regular meetings the third Wednesday of each month.
B
alance
Sh e e t O ct.
L ia b il it ie s .
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Temporary expense account,
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of secretary, .
31, 1904.
$56,533
2,760
35
1
295
25
1,073
21
00
00
05
50
04
51
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$60,723 31
$51,917
7,087
985
4
31
134
556
6
00
38
88
00
51
42
74
38
$60,723 31
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n t s .
R ece ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
profits capital,
Cash on hand Oct. 31, 1903, .
-
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$17,456 00
3,194 09
27 91
25
13,750 00
4,850 00
149 14
4 00
2,220 27
$41,651 66
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
interest on m a t u r e d
shares,
Cash on hand Oct. 31,1904,
$19,183
5,490
7,466
5,434
608
2,207
152
21
00
00
00
58
42
98
35 96
1,073 51
$41,651 66
18
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Rate.
$56,533 21
R e a l E st a t e .
L o an s
Amount.
6 per cent.
Rate.
-
on
Amount.
$2,760 00
-
Sh a k e s .
Rate.
6 per cent.
1894,
1894,
1895,
1895,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
4
5
6
7
8
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
$172
161
151
141
132
113
105
96
88
79
71
64
56
50
43
36
29
22
16
10
4
Dues paid in advance, .
Total,
23
87
71
87
29
93
06
43
02
82
87
11
57
38
20
22
42
81
37
10
00
Total
Value.
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Shares in
Force.
D a te op
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
10
5
27
24
21
14
9
12
40
20
67
86
43
161
38
102
52
228
141
225
162
$1,722
809
4,096
3,404
2,778
1,595
945
1,157
3,520
1,596
4,815
5,513
2,432
8,111
1,641
3,694
1,529
5,200
2,308
2,272
648
30
35
17
88
09
02
54
16
80
40
29
46
51
18
60
44
84
68
17
50
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$51,917 00
7,087 38
935 00
146 00
$59,939 38
Total,
$59,939 38
Number of shares issued during the y e a r , ................................................. 444
Number of shares now in f o r c e , .................................................
.
1,487
Number of shares now borrowed u p o n ,........................................................... 541
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 414
Number of shares matured during the y e a r , ................................................. 38
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed: first term,
per cent.; second term : 3 per cent.
Number of members withdrawn during the y e a r ,........................................69
Present number of members, .
................................................. 199
Present number of borrowers,.
................................................. 51
Present number of non-borrowers,.....................................................................148
Number of loans secured by first mortgage of real estate,
.
.
.
42
Number of loans on s h a r e s , ...............................................................................9
Largest loan to any one m e m b e r ,...............................................................................f 3,600 00
Smallest loan to any one m e m b e r,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
172 98
Date of examination by commissioner : March 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONEKS.
19
B A L D W m V I L L E C O -O P E E A T IV E B A N K — B A L D W IN V IL L E .
Incorporated July 16, 1889.
Commenced business July 24, 1889.
C. S. D ic k in s o n , President.
C. C. S p e a r e , Secretary and Treasurer.
Names of security committee :
E . N . M u l l in s ,
L ouis L e l a n d ,
E . L . T hom pson.
Regular meetings the fourth Wednesday of each month.
B alance Sheet Oct.
A ss et s .
Loans on real estate,
Loans on shares, .
Temporary expense account,
Unpaid tines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$39,225
725
32
2
1,362
00
00
00
36
34
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
.
$32,695
5,400
564
6
00
83
60
65
25
29 16
834 56
1,815 65
$41,346 70
$41,346 70
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,540
2,351
31
192
1,500
160
74
824
00
03
10
76
25
00
00
23
69
$13,674 06
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
interest on retired shares,
Cash on hand Oct. 31, 1904,.
$5,600
645
2,423
2,337
296
841
140
28
1,362
00
00
00
00
95
09
10
58
34
$13,674 06
[Pub. Doc.
REPORT OF THE
20
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
Amount.
Rate.
$33,225 00
2,300 00
6.00 per cent.
6.30
L oans
R e al E s t a t e .
Amount.
Rate.
Amount.
$3,700 00
on
6.60 per cent.
$725 00
Sh a r e s .
Rate.
6.00 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$178
167
136
126
117
108
99
90
82
73
65
58
50
43
36
29
22
16
10
4
Dues paid in advance, .
Total,
•
64
84
66
88
38
16
21
52
08
89
94
22
72
44
37
51
85
38
10
00
Total
Value.
1894,
1894,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a te of
I ss u e .
Jan ,
July,
Jan ,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Value per
Share.
1
Reconciliation o f Share Account with Dues and Profits Capital.
5
4
6
21
29
45
10
24
9
35
129
20
31
46
41
40
47
44
57
59
$893
671
819
2,664
3,404
4,867
992
2,172
738
2,586
8,506
1,164
1,572
1,998
1,491
1,180
1,073
720
575
236
20
36
96
48
02
20
10
48
72
15
26
40
32
24
17
40
95
72
70
00
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$32,695 00
5,400 83
298 00
65 00
$38,393 83
Total,
$38,393 83
Number of shares issued during the y e a r , ......................................................122
Number of shares now in f o r c e , ......................................................................... 702
Number of shares now borrowed u p o n ,................................................................225
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , .............................................. 57
Number of shares retired during the y e a r , ........................................................ 19
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed: first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 13
Present number of m e m b e r s,................................................................................... 114
Present number of b o r r o w e r s , ............................................................................50
Present number of non-borrowers,............................................................................64
Number of loans secured by first mortgage of real estate, .
.
.
45
Number of loans on shares,
5
Largest loan to any one m e m b e r ,.............................................................................. $3,200 00
Smallest loan to any one m e m b e r ,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
140 10
Date of examination by commissioner : January 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
21
B E R K SH IR E C O U N TY C O -O P E R A T IV E B A N K — N O RTH
AD AM S.
Incorporated Nov. 8, 1890.
C a r l t o n T . P h e l p s , President.
Commenced business N ov. 19, 1890.
C h a r l e s W . F o r d , Secretary and Treasurer.
Names of security committee:
M a r s h a l l It. F o r d ,
H o b a r t C. T o w e r ,
G e o r g e A . H a s t in g s .
Regular meetings the third Wednesday of each month.
B alance Sheet O ct.
31, 1904.
L ia b il it ie s .
A ss et s .
$226,235 00
Loans on real estate,
18,375 00
Loans on shares, .
900 00
Permanent expense account,.
4,000 00
Real estate by foreclosure, .
49,070
00
Mortgages,
.
.
.
/
1,600 00
Unpaid interest,
35,419 73
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Guaranty fund, .
Surplus.........................................
$273,949
59,731
1,036
882
00
31
71
71
$335,599 73
$335,599 73
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isb u r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$72,579
17,699
781
349
4
47,350
00
94
58
69
25
54
40,290 00
28,185 00
273 76
40,290 00
14,110 64
$261,914 40
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital m atured,.
temporary expenses,
permanent expenses,
interest
on
matured
shares,
real estate by foreclosure,
mortgages,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$61,100
23,035
34,020
11,592
3,550
4,489
4,948
1,468
1,447
89
00
00
00
00
00
00
44
25
46
52
75
41,790
38,890
35,419
00
00
00
73
$261,914 40
REPORT OF THE
22
[Pub. Hoc.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R e a l E st a t e .
L oans
on
S h ar es .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$92,950 00
3,100 00
6.00 per cent.
6.30
$130,185 00
6.60 per cent.
$15,500 00
2,875 00
6.00 per cent.
6.60
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
$197
185
174
163
152
142
132
122
113
104
95
86
78
69
61
54
46
39
32
25
18
12
6
Dues paid in advance, .
Total,
12
61
43
55
97
67
65
88
38
16
21
52
08
89
94
22
72
44
37
51
85
38
10
Total
Value.
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
Shares in
Force.
D a te of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account icith Dues and Profits Capital.
48
93
119
129
96
132
114
137
154
218
102
239
115
218
143
242
208
466
548
608
548
802
533
$9,461
17,261
20,757
21,097
14,685
18,832
15,122
16,834
17,460
22,706
9,711
20,678
8,979
15,236
8,857
13,121
9,717
18,379
17,738
15,510
10,329
9,928
3,251
76
73
17
95
12
44
10
56
52
88
42
28
20
02
42
24
76
04
76
08
80
76
30
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
.
$273,949 00
59,731 31
2,257 00
278 00
$335,937 31
Total,
$335,937 31
Number of shares issued during the y e a r , ..................................................1,464
Number of shares now in force.............................................................................. 6,012
Number of shares now borrowed u p o n ,........................................................... 1,841
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the year,
.
.
.
.
1,254
Number of shares retired during the year...............................................................84
Number of shares matured during the year, .
.
.
.
.
.2 5
Highest rate of premium or interest received on money sold during the year:
per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed: first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................175
Present number of m e m b e r s ,.................................................................................. 738
Present number of borrowers,.................................................................................. 257
Present number of non-borrow ers,........................................................................ 481
Number of loans secured by first mortgage of real estate,
.
.
• 179
Number of loans on s h a r e s , .................................................................................... 78
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,....................................... .........
10 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,488 98
Date of examination by commissioner : April 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
23
B E V E R L Y C O -O P E R A T IV E B A R K — B E V E R L Y .
Incorporated Aug. 25, 1888.
Commenced business Sept. 18, 1888.
G e o r g e P. B r o w n , President.
H a r r i e L . O b e r , Secretary.
C h a r l e s F . L e e , Treasurer.
Names of security committee :
G eorge P . B r o w n ,
E dm und G il e s ,
G eorge Bu tm an .
Regular meetings the third Tuesday of each month.
B a l a n c e Sh e e t O c t .
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$197,300 00
Loans on shares, .
11,620 00
Permanent expense account,
300 00
Real estate by foreclosure, .
36,916 24
Unpaid tines, .
.
.
.
85 54
Insurance and taxes,
58 37
Cash in hands of treasurer, .
15,029 67
Dues capital,
Profit capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$261,309 82
$218,371 00
37,011 36
740 11
52
25
6 65
1,499 72
3,551 38
98 83
$261,309 82
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1 904.
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
temporary expenses, .
town notes, .
insurance and taxes, .
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$55,666
12,324
14
894
2
13,900
00
45
46
07
00
00
30,600 00
3,200 00
7,040 00
123 89
8,545
15
15,058
321
7
1,640
00
00
33
40
37
52
$149,352 49
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital matured,
temporary expenses,
interest on retired shares,
real estate by foreclosure,
fines refunded,
interest refunded, .
town notes,
insurance and taxes,
Cash on hand Oct. 31, 1904, .
$29,950
11,860
15,874
1,584
10,591
6,892
2,546
147
1,681
2,820
1,132
152
33,624
28
15,058
379
15,029
00
00
00
00
00
00
31
68
25
91
60
00
09
30
58
33
77
67
$149,352 49
REPORT OF THE
24
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
00
00
00
00
00
L oans
R e al E s t a t e .
Rate.
Amount.
$120,050
4,950
4,750
11,300
49,850
on
Amount.
$1,650
3,050
1,200
500
5.00 per cent.
5.25
“
5.50
“
5.75
“
6.00
“
S h ak es .
Amount.
Rate.
00
00
00
00
on
6.25 per cent.
6.30
“
6.75
“
8.75
“
$8,390
340
1,690
200
1,000
00
00
00
00
00
Rate.
5.00 per cent.
5.75
“
6.00
“
6.25
“
6.50
“
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
$192
181
170
159
149
139
130
120
111
102
94
85
77
70
62
54
47
40
33
27
20
14
8
2
Dues paid in advance, .
Total,
•
56
34
51
96
74
77
12
77
66
85
27
95
86
01
39
97
75
72
87
17
65
28
07
00
.
Total
Value
M ar., 1893,
Sept., 1893,
M ar., 1894,
Sept., 1894,
M ar.. 1895,
Sept., 1895,
M ar., 1896,
Sept., 1896,
M ar., 1897,
Sept., 1897,
M ar.. 1898,
Sept., 1898,
M ar., 1899,
Sept., 1899,
M ar., 1900,
Sept., 1900,
M ar., 1901,
Sept., 1901,
M ar., 1902,
Sept., 1902,
M ar., 1903,
Sept., 1903,
M ar., 1904,
Sept., 1904,
Shares in
Force.
D a t e op
I ss u e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
43
38
48
70
51
48
148
163
151
162
115
113
137
232
286
289
129
163
325
145
799
518
372
47
$8,280
6,890
8,184
11,197
7,636
6,708
19,257
19,685
16,860
16,661
10,841
9,712
10,636
16.242
17,843
15,886
6,159
6,637
11,007
3,939
16,499
7,397
3,002
94
08
92
48
20
74
96
76
51
66
70
05
35
82
32
54
33
75
36
75
65
35
04
04
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
37,041 36
2,135 00
254 00
$257,547 36
Total,
Number of shares issued during the y e a r , ................................................. 524
Number of shares now in f o r c e , ........................................................... 4,592
Number of shares now borrowed upon..................................................... 1,251
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the y e a r , ....................................... 397
Number of shares forfeited during the y e a r , ..................................................153
Number of shares retired during the y e a r , ................................................. 144
Number of shares matured during the y e a r , ................................................. 48
Highest rate of premium or interest received on money sold during the y ea r:
8 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2^ per cent.; second term, 2 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$218,371 00
$257,547 36
No. 8.]
SAVINGS B AN K COMMISSIONERS.
25
Number of members withdrawn during the y e a r , ....................................... 69
Present number of m e m b e r s ,.................................................................................. 732
Present number of borrowers,.................................................................................. 173
Present number of non-borrow ers,........................................................................ 559
Number of loans secured by first mortgage of real estate,
.
.
. 168
Number of loans on s h a r e s , .................................................................................... 34
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31,1904, .
1,142 60
Date of examination by commissioner : January 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
t
REPORT OF THE
26
[Pub. D oc.
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 .
Incorporated Oct. 30, 1901.
F is h e r H . P e a r s o n , President.
Commenced business N ov. 1, 1901.
G a r d n e r W . P e a r s o n , Secretary and Treasurer.
Names of security committee:
P eter A . F a y ,
.G a r d n e r W . P e a r s o n ,
John K e a r n e y .
Regular meetings the first Friday of each month.
I
Balance Sheet Oct. 31, 1904.
A ss et s .
L ia b il it ie s .
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
$6,000
1,400
115
6
4
00
00
00
06
06
%
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Temporary expense,
.
.
$7,525 12
$6,892
412
24
112
59
25
00
98
00
14
00
00
$7,525 12
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e ce ip t s .
From dues capital,
interest,
fines,
.
.
.
.
share loans repaid,
withdrawal profits,
forfeited shares, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$4,393
385
39
800
34
34
194
00
53
77
00
73
00
14
$5,881 17
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
profits capital withdrawn,
temporary expenses,
forfeited shares,
Cash on hand Oct. 31, 1904,
$1,575
1,250
2,838
34
144
15
21
4
00
00
00
00
01
10
00
06
$5,881 17
No. 8.]
27
SAYINGS BAN K COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
Rate.
$1,900 00
Re a l E s t a t e .
L o an s
Amount.
5 per cent.
Rate.
$4,100 00
6 per cent.
on
Amount.
$1,400 00
Sh a r e s .
Rate.
6 per cent.
.
.
.
.
.
.
1
2
3
4
5
6
$38
31
25
18
12
6
Dues paid in advance, .
Total,
72
89
22
69
31
08
Total
Value.
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te o f
I ssue .
N ov.,
M ay,
Nov.,
M ay,
N ov .,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
98
18
56
22
78
59
$3,794
574
1,412
411
960
358
56
02
32
18
18
72
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$6,892 00
412 98
237 00
31 00
$7,54*1 98
Total,
$7,541 98
Number of shares issued during the y e a r , ................................................. 203
Number of shares now in f o r c e , .....................................................................331
Number of shares now borrowed u p o n ,........................................................... 108
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 166
Number of shares forfeited during the y e a r , ................................................. 14
Highest rate of premium orinterest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................38
Present number of m e m b e r s ,.................................................................................... 44
Present number of borrow ers,.................................................................................... 17
Present number of non-borrow ers,.......................................................................... 27
Number of loans secured by first mortgage of real estate,
7
Number of loans on shares,
.
...........................................................10
Largest loan to any one member, .
.....................................................................$1,300 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
55 10
Date of examination by commissioner : December 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
28
BOSTON C O -O P E R A T IV E B A N K — BOSTON.
Incorporated April 30, 1888.
C h a r l e s C. A d a m s , President.
Commenced business M ay 2, 1888.
G e o r g e T . B osson , Secretary and Treasurer.
Names of security committee:
H e n r y M . Sa n d e r s ,
H o dg d o n F . B u z z e l l ,
G e o r g e T . B osson .
Regular meetings the first Monday of each month.
B alance Sh eet O ct.
31, 1904.
L ia b il it ie s .
A ss e t s .
$373,155 00
Loans on real estate,
27,440 00
Loans on shares, .
96 44
Permanent expense account,
46,924 01
Real estate by foreclosure, .
Mortgages,
.
.
.
.
48,797 42
2,296 93
Unpaid interest,
10 80
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
167 43
15 00
Taxes paid,
.
.
.
.
2,274 62
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$501,177 65
.
$444,139
51,178
2,520
3,234
105
00
38
14
32
81
$501,177 65
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
$129,500 00
From dues capital,.
22,469 39
interest,
128 14
premiums, .
1,040 86
fines,
.
.
.
.
4 50
transfer fees,
78,605 00
real estate loans repaid,
real estate loans elimi8,800 00
nated by foreclosure,
25,620 00
share loans repaid,
withdrawal profits,
1,013 57
21 90
forfeiture profits, .
forfeited shares, .
937 89
real estate by foreclos13,930 33
ure, .
.
.
.
16 00
personal accounts,
3,848 29
mortgages, .
expense account, .
56 15
3 51
taxes paid, .
3,864 93
Cash on hand Oct. 31, 1903, .
$121,950 00
For real estate loans, .
share loans, .
24,250 00
dues capital withdrawn,
100,121 00
dues capital forfeited, .
895 00
profits capital withdrawn,
13,343 21
profits capital forfeited,.
87 62
temporary expenses,
3,156 29
forfeited shares,
884 80
real estate by foreclosure,
.
.
.
.
15,297 14
personal accounts,.
16 00
mortgages,
6,655 00
guaranty fund,
619 86
surplus, .
.
.
.
309 92
Cash on hand Oct. 31, 1904,.
2,274 62
$289,860 46
$289,860 46
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
29
SAVINGS BAN K COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
00
00
00
00
L o an s
Real E state.
Kate.
Amount.
Rate.
5.0 0 per cent.
5.25
“
5.50
5.75
“
$20,400 00
22,580 00
1,000 00
6.00 per cent.
6.30
6.90
“
Amount.
$300,125
14,900
11,650
2,500
on
on
S h ar es .
Rate.
Amount.
$22,760
1,470
960
2,250
00
00
00
00
5.00 per cent.
5.25
5.50
6.00
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
163
152
142
133
123
114
105
97
88
80
73
65
58
51
44
37
31
24
18
12
6
Dues paid in advance, .
Total,
34
88
80
05
64
55
76
24
98
99
30
81
51
42
48
70
09
62
29
08
00
Total
Value.
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
65
96
90
193
193
214
276
312
154
374
436
536
630
874
667
656
579
993
896
1,060
1,259
$10,617
14,676
12,852
25,678
23,862
24,513
29,189
30,338
13,702
30,290
31,958
35,274
36,861
44,941
29,668
24,731
18,001
24,447
16,387
12,804
7,554
10
48
00
65
52
70
76
88
92
26
80
16
30
08
16
20
11
66
84
80
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
51,178 38
3,840 00
805 00
$499,157 38
Total,
Number of shares issued during the y e a r , ....................................... 2,621
Number of shares now in f o r c e , ........................................................... 10,553
Number of shares now borrowed u p o n ,................................................. 3,020
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year.......................................2,450
Number of shares forfeited during the year, .
.
.
.
.7 2
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2| per cent.
. 274
Number of members withdrawn during the year, .
1,245
Present number of m e m b e rs,............................................................
. 322
Present number of borrowers,...........................................................
. 923
Present number of non-borrow ers,.................................................
. 198
Number of loans secured by first mortgage of real estate,
. 124
Number of loans on s h a r e s , ...........................................................
Largest loan to any one m e m b e r ,.................................................
Smallest loan to any one m e m b e r ,.................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, ’.
Date of examination by commissioner : M ay 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$444,139 00
$499,157 38
$5,000 00
20 00
3,100 14
[Pub. Doc.
REPORT OF THE
30
B R A IN T R E E C O -O P E R A T IV E B A N K — SOUTH
B R A IN T R E E .
Incorporated June 24, 1889.
J a m e s T . S t e v e n s , President.
Commenced business Oct. 15, 1889.
C h a k i .es B. C u m m in g s , Secretary and Treasurer.
Names of security committee:
Jam es T . Ste v e n s,
T . H av e n H e a r in g .
Regular meetings the third Tuesday of each month.
B alan ce Sh eet O ct.
L i a b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Temporary expense account,
Cash in hands of treasurer, .
31, 1904.
$44,900
1,760
25
39
3,577
00
25
00
25
88
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Suspense account,
$40,275
6,923
1,033
52
30
85
329
1,547
9
16
00
87
59
25
16
09
38
52
14
38
$50,302 38
$50,302 38
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$11,713
3,005
152
165
2,150
00
54
51
06
00
600
2,049
162
14
2,864
00
75
26
89
43
$22,877 44
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital matured, .
temporary expenses,
interest on m a t u r e d
shares,
retired share account, .
matured share account,.
suspense account, .
Cash on hand Oct. 31, 1904,
$10,800
780
3,709
3i>0
1,551
649
59
659
323
00
00
00
00
00
21
58
78
10
21
171
165
110
3,577
78
11
00
00
88
$22,877 44
No. 8.]
31
SAYIN G S BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
R eal E s t a t e .
Amount.
Rate.
Amount.
$44,900 00
6.3 0 per cent.
-
L oans
on
Amount.
Rate.
$1,760 25
-
Sh a r e s .
Rate.
6.30 per cent.
.
.
.
.
.
.
.
.
•
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$191
179
168
158
147
137
127
118
109
100
91
83
74
66
59
51
44
37
30
23
17
11
5
29
94
92
22
83
75
96
46
23
27
57
13
93
97
24
74
46
39
52
85
38
10
00
Total
Value.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903.
1903,
1904,
Shares in
Force.
Series.
D a t e of
I ssue .
June,
Dec.,
June,
Dec.,
June,
D ec.,
June,
Dec.,
June,
Dec.,
June,
Dee.,
June,
D ec.,
June,
Dec.,
June,
Dec.,
June,
Dec ,
June,
Dec.,
June,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
6
6
10
5
10
18
32
42
9
33
20
18
41
42
40
16
81
44
46
92
116
127
197
$1,147
1,079
1,689
791
1,478
2,479
4,094
4,975
983
3,308
1.831
1,496
3,072
2,812
2,369
827
3,601
1,645
1,403
2,194
2,016
1,409
985
Dues paid in advance, .
Total,
74
64
20
10
30
50
72
32
07
91
40
34
13
74
60
84
26
16
92
20
08
70
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$40,275 00
6,923 87
515 00
21 00
•
$47,713 87
Total,
$47,713 87
Number of shares issued during the y e a r , ................................................. 361
Number of shares now in f o r c e , ........................................................... 1,051
Number of shares now borrowed u p o n ,...........................................................305
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 122
Number of shares forfeited during the y e a r ,................................................. 6
Number of shares matured during the y e a r ,................................................. 11
Highest rate of premium or interest received on money sold during the y e a r:
6,3,5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 ^ per cent.
Rate of profits distributed : first term, 3 per cent.: second term : 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 14
Present number of m e m b e r s ,.................................................................................. 159
Present number of borrowers.......................................................................................46
Present number of non-borrow ers,.........................................................................113
Number of loans secured by first mortgage of real estate,
.
.
.
40
Number of loans on s h a r e s , .....................................................................................13
Largest loan to any one m e m b e r ,...............................................................................$2,500 00
Smallest loan to any one m e m b e r ,..............................................................................
35 25
Amount of expenses of the corporation for the year ending Oct. 31,1904, .
323 10
Date of examination by commissioner : M ay 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
32
[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 .
Incorporated M ay 27, 1902.
S. P . G a t e s , President.
Commenced business June 16, 1902.
F r a n k E . G u r n e t , Secretary and Treasurer.
Names of security committee :
W
il l i a m
S. P r o p h e t t ,
W
F . L. E m e r s o n .
il l i a m
B assett,
Regular meetings the third Monday of each month.
B alance
Sh e e t O c t .
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Temporary expense account,
Cash in hands of treasurer, .
81, 1904.
$14,300
682
118
42
1,919
00
00
12
14
80
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
$17,062 06
$16,056
572
362
16
00
33
91
46
25
20 93
7 06
26 12
$17,062 06
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
fines.....................................
transfer fees,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,674 00
750 13
35 92
75
174 00
28 41
282 78
$9,945 99
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
Cash on hand Oct. 31, 1904, .
$4,900
700
2,246
89
90
1,919
00
00
00
55
64
80
$9,945 99
No. 8.]
33
SAYINGS BANK COMMISSIONERS.
Total Amount oj Loans at Specified Rates o f Interest.
L oans
Amount.
on
L o an s
Amount.
Rate.
$14,300 00
R e a l E st a t e .
6 per cent.
Rate.
-
on
Sh ar es .
Amount.
$682 00
-
Rate.
6 per cent.
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
1
2
3
4
5
$30
23
17
11
5
Dues paid in advance, .
Total,
21
69
31
08
00
Total
Value.
June.
Dec ,
June,
Dec.,
June,
Shares in
Force.
D a t e of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
388
113
56
94
66
$11,721
2.676
969
1,041
330
48
97
36
52
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$16,056 00
572 33
149 00
38 00
$16,777 33
Total,
$16,777 33
Number of shares issued during the y e a r , ................................................. 165
Number of shares now in f o r c e , .................................................................... 717
Number of shares now borrowed u p o n ,...........................................................108
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 128
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed: first term, 2^ per cent.; second term, 2£ per cent.
Number of members withdrawn during the jre a r ,..............................................17
Present number of m e m b e r s ,...................................................................................124
Present number of borrowers.......................................................................................17
Present number of non-borrow ers,........................................................................ 107
Number of loans secured by first mortgage of real estate,
.
.
.
13
Number of loans on s h a r e s , ...................................................................................... 4
Largest loan to any one member.................................................................................... $2,600 00
200 00
Smallest loan to any one m e m b e r,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
104 64
Date of examination by commissioner : September 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
34
[Pub. Doc.
REPORT OF THE
B R O O K LIN E
C O -O P E R A T IV E B A N K — B R O O K LIN E .
Incorporated March 13, 1895.
N a t h a n ie l C o n a n t , President.
Commenced business M ay 2, 1895.
J o h n W . S h i e l d s , Secretary and Treasurer.
Names of security committee :
C. A . D e l a n o ,
E . A . IIo bart,
A e t h e r H . B a il e y ,
W . S. K e m p ,
M . J. O ’ H e a r n .
Regular meetings the first Thursday of each month.
Balance Sheet Oct.
A ss e t s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1901.
L ia b il it ie s .
$169,185
12,970
5,091
643
59
.
8,219
00
00
80
16
28
06
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$196,168 30
$166,279
26,945
700
2,243
00
70
00
60
$196,168 30
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1 904.
R e c e ip t s .
From dues capital,.
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
real estate by foreclosure...................................
profits capital,
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rsem en ts .
$46,367
9,272
336
2
26,200
00
04
49
50
00
4,500 00
5,153 00
299 15
90
23
24
8,058
07
73
00
08
$100,326 06
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
profits capital withdrawn,
profits capital forfeited,.
temporary expenses,
real estate by foreclosure.....................................
withdrawal profits,
profits capital,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$58,160
9,473
17,293
46
1,992
2
562
00
00
00
00
62
07
74
4,573
1
2
8,219
58
29
70
06
$100,326 06
N o. 8.]
35
SAYINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
L oans
Re a l E s t a t e .
on
S hares
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$99,185 00
5.50 per cent.
$70,000 00
6.0 0 per cent.
$12,617 00
353 00
5.50 per cent.
6.00
“
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
1895, .
1
1895, .
2
$148
37
128
138 60
125
1896, .
3
128 93
66
1896, .
4
119 50
86
1897, .
5
110 34
122
1897, .
1898, .
6
101
44
93
Value.
T otal
Shares In
Force.
Series.
D a te of
Is s u e .
Value per
Stiare.
Reconciliation o f Share Account with Dues and Profits Capital.
$ 1 8 ,9 9 1
36
1 7 ,3 2 5 0 0
8 ,5 0 9 3 8
1 0 ,2 7 7
1 3 ,4 6 1
00
48
92
29
9 2 81
9
1898, .
7
8
9 ,4 3 3
835
8 4 41
193
1 6 ,2 9 1
13
1899, .
9
76 28
114
8 ,6 9 5
92
1899, .
1900, .
10
11
68 37
6 0 70
196
1900, .
1901, .
12
53
23
147
72
13
45 97
430
1901, .
14
38 89
323
1902, .
15
3 2 01
371
276
3 ,8 3 2
56
1 9 ,7 6 7
1 2 ,5 6 1
10
47
1902, .
16
25 28
17
18
18 72
12 32
312
344
6 ,9 7 7
5 ,8 4 0
4 ,2 3 8
28
64
08
1904, .
19
6 08
537
3 ,2 6 4
96
•
00
2 6 ,9 4 5
70
1 ,4 6 9
00
$ 1 9 4 ,6 9 3
70
1 1 .8 7 5 7 1
1903, .
Total,
$ 1 6 6 ,2 7 9
1 3 ,4 0 0 5 2
8 ,9 2 2 9 0
1903, .
Dues paid in advance, .
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
192 00
$ 1 9 4 ,6 9 3
70
Total,
Number of shares issued during the y e a r , ................................................. 997
Number of shares now in f o r c e , ...........................................................3,944
Number of shares now borrowed upon.....................................................1,153
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 579
Number of shares forfeited during the y e a r ,................................................. 23
Highest rate of premium or interest received on money sold during the y ea r:
5J per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5^ per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2^ per cent.
Number of members withdrawn during the y e a r , ....................................... 66
Present number of m e m b e r s ,.................................................................................. 503
Present number of borrowers,...................................................................................103
Present number of n on-borrow ers,........................................................................ 400
Number of loans secured by first mortgage of real estate,
.
.
.
68
Number of loans on s h a r e s , .................................................................................... 45
Largest loan to any one m e m b e r ,..............................................................................$5,000 00
Smallest loan to any one m e m b e r,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
612 74
Date of examination by commissioner : Sept. 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
36
REPORT OF THE
[Pub. Doc
CAM BR ID G E CO -O P ER ATIV E B A N K — EA ST CA M BR ID G E .
Incorporated Sept. 5, 1877.
F r e d A . O b e r , President.
Commenced business Sept. 12, 1877.
J o h n H . P o n c e , Secretary.
J o h n L o u g h r e y , Treasurer.
Names of security committee:
G e o r g e S. K e e l e r ,
N ath a n W . Sh u m w a y ,
John L o u g h r e y .
Regular meetings the second Wednesday of each month.
B a lan c e S h ee t O ct.
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account, •
Unpaid dues, .
.
.
.
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of secretary, .
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$38,000
5,110
22
556
472
22
38
3,442
430
00
00
31
00
89
51
42
23
87
Dues capital,
Profits capital (all series),
Guaranty fund,
.
,
Surplus,
.
.
.
.
Forfeited share account,
Sundry balances, .
.
$48,095 23
$38,836
8,674
353
204
9
16
00
20
64
92
66
81
$48,095 23
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$9,179
2,502
132
56
10,650
500
267
7,841
00
10
43
43
00
00
41
13
$31,128 50
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured, .
temporary expenses,
permanent expenses,
sundry balances, .
Cash on hand Oct. 31,1904, .
$15,900
2,870
5,704
1,136
802
471
345
24
00
00
00
00
49
84
62
50
95
3,873 10
$31,128 50
No. 8.]
37
SAYINGS BAN K COMMISSIONERS.
Total Amount of Loans at Specified Rates o f Interest.
L oans
Amount.
on
Kate.
Real E sta te .
L oans
Amount.
Kate.
on
Sh a r e s .
Amount.
Kate.
$2,620 00
1,870 00
620 00
6.00 per cent.
6.30
«
6.60
»
1
$13,000 00
19,800 00
6.0 0 per cent.
6.30
“
$5,200 00
6.60 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
$201
189
178
167
156
149
139
129
120
111
102
93
85
76
68
61
53
46
39
32
25
18
12
6
14
45
16
21
56
68
61
90
38
17
27
68
13
89
89
13
58
24
12
15
38
77
35
09
Total
Value.
1893,
1893,
1894,
1894,
1895,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a t e of
I ssue .
Jan.,
July,
Jan.,
July,
Jan.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M av,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
26
5
20
5
35
14
20
10
15
6
12
6
28
27
58
13
32
83
33
35
39
72
86
63
$5,229
947
3,563
836
5,479
2,095
2,792
1,299
1,805
667
1,227
562
2,383
2,076
3,995
794
1,714
3,837
1,290
1,125
989
1,351
1,062
383
T o t a l , .......................................
64
25
20
05
60
52
20
00
70
02
24
08
64
03
62
69
56
92
96
25
82
44
10
67
$47,510 20
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Total,
$38,836 00
8,674 20
$47,510 20
Number of shares issued during the y e a r , ................................................. 187
Number of shares now in f o r c e , .....................................................................743
Number of shares now borrowed u p o n ,........................................................... 265
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year................................................ 166
Number of shares matured during the y e a r ,................................................. 8
Highest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Rate of profits distributed: first term, 2£ per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 18
Present number of m e m b e r s ,.................................................................................. 108
Present number of borrowers,.................................................................................... 40
Present number of non-borrowers,.......................................................................... 68
Number of loans secured by first mortgage of real estate,
.
.
.
33
Number of loans on s h a r e s , .................................................................................... 27
Largest loan to any one m e m b e r ,.............................................................................. $2,800 00
Smallest loan to any one m e m b e r,..............................................................................
20 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
348 99
Date of examination by commissioner : December 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
I
REPORT OF THE
38
CAM PELLO
C O -O P E R A TIV E
Incorporated Oct. 3, 1877.
E d w a r d H . K e i t h , President.
W
[Pub. Doc.
B A N K — BROCKTON.
Commenced business Oct. 8,1877arren
T . C o p e l a n d , Secretary and Treasurer.
Names of security committee:
J ohn A . H o w a r d ,
N athan H. W
F red R . H a y w a r d .
ash burn,
Regular meetings the second Monday of each month.
B a l a n c e Sh e e t O c t .
31, 1901.
L ia b il it ie s .
ASSKT.S.
$318,160 00
Loans on real estate,
3,500 00
Loans on shares, .
130 00
Permanent expense account,
Temporary expense account,
138 05
37,331 61
Real estate by foreclosure,
7,450 00
Mortgages,
.
.
.
.
Unpaid interest,
1,169 25
60 75
Unpaid prem ium s, .
130 34
Unpaid fines, .
.
.
.
Real estate sales under agree3,550 25
m e n ts,.......................................
482 74
Taxes, insurance, repairs, etc.,
13,454
21
Cash in hands of treasurer, .
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
R e n t s , .......................................
$334,657
40,098
1,853
94
69
224
2,900
5,459
35
165
00
57
16
81
14
50
00
00
62
09
31
$385,557 20
$385,557 20
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e ce ip t s .
D isbu rse m e n ts .
$131,611 00
From dues capital,
19,394 75
interest,
premiums, .
987 69
fines,
.
.
.
.
626 66
transfer fees,
5 00
real estate loans repaid,
54,350 00
real estate loans eliminated by maturity of
11,250 00
shares,
share loans repaid,
8,000 00
730 98
withdrawal profits,
5 00
insurance,
rents,
.
.
.
.
2,327 37
mortgages, .
500 00
real estate sales under
agreements,
11.176 44
872 84
Cash on hand Oct. 31, 1903, .
$101,080 00
For real estate loans, .
4,350 00
share loans, .
43,090 00
dues capital withdrawn,
47,030 00
dues capital retired,
8,208 00
dues capital matured, .
2,929 63
profits capital withdrawn,
profits capital retired, .
7,385 11
3,360 02
profits capital m atured,.
temporary expenses,
1,776 55
interest on retired shares,
851 68
1,650 00
mortgages,
1,634 59
surplus, .
.
.
.
1,192 44
taxes, repairs, etc.,
real estate sales under
agreements,
3,845 50
13,454 21
Cash on hand Oct. 31, 1904, .
$241,837 73
$241,837 73
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
39
SAYIN GS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L o an s
R eal E s t a t e .
Rate.
$314,010 00
6.30 per cent.
$4,150 00
Sh a r e s .
Amount.
Rate.
Amount.
Amount.
on
7.50 per cent.
$3,500 00
Rate.
6.30 per cent.
24
25
26
27
28
29
30
3Ì
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
$191
179
168
158
147
138
128
119
110
101
93
85
77
69
61
54
47
40
33
26
19
13
7
1
Dues paid in advance, .
Total,
18
78
79
17
95
12
62
45
58
96
61
44
43
60
96
49
21
06
11
34
75
33
09
00
Total
Value.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Shares in
Force.
Series.
D a t e of
I ssue .
Apr., 1893,
Oct., 1893,
Apr., 1894,
Oct., 1894,
Apr., 1895,
Oct., 1895,
Apr., 1896,
Oct., 1896,
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,
Valueper
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
40
7
25
46
36
32
34
47
53
21
17
446
449
445
460
497
474
872
781
983
1,341
1,435
1,623
1,242
$7,647
1,258
4,219
7,275
5,326
4,419
4,373
5,614
5,860
2,141
1,591
38,106
34,766
30,972
28,501
27,081
22,377
34,932
25,858
25,892
26,484
19,128
11,507
1,242
20
46
75
82
20
84
08
15
74
16
37
24
07
00
60
53
54
32
91
22
75
55
07
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
40,098 57
2,076 00
253 00
$376,831 57
Total,
Number of shares issued during the year......................................................... 3,394
Number of shares now in f o r c e , ....................................................................11,406
Number of shares now borrowed u p o n , ...................................................1,794
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
2,134
Number of shares retired during the y e a r , ......................................................639
Number of shares matured during the y e a r ,........................................................57
Highest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$334,657 00
$376,831 57
40
REPORT OF THE
Number of members withdrawn during the year, .
.
.
.
Present number of members........................................................................
Present number of borrowers,
.
.
.
.
.
.
.
Present number of non-borrowers,...........................................................
.
200
1,207
. 245
. 962
.
.
236
20
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : M ay 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
O
o
o
io
m
Number of loans secured by first mortgage of real estate, .
Number of loans on s h a r e s , ...........................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one member..............................................................
[Pub. Doc.
.
00
50 00
1,796 55
No. 8.]
41
SAVINGS BAN K COMMISSIONERS.
C A N TO N C O -O P E R A TIV E B A N K — CANTON.
Incorporated Jan. 10, 1891.
J o se p h W . W
attles,
Commenced business Feb. 10, 1891.
J r., President.
J a m e s E . G r im e s , Secretary and Treasurer.
Names of security committee:
J o se p h W . W
attle s,
J r.,
John E v e r e tt,
J ohn B . R o b in s o n .
Regular meetings the second Tuesday of each month.
B alance Sh eet Oct.
A ss e t s .
31, 1904.
L ia b il it ie s .
$163,692 20
Loans on real estate,
Loans on shares, .
3,100 00
120 2.1
Temporary expense account,
8,549 30
Real estate by foreclosure,
.
Unpaid interest,
1,516 80
62 25
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
96 70
Cash in hands of treasurer, .
4,329 78
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Forfeiture profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Matured share account,
$143,465
26,671
2,948
147
122
236
1,582
1,947
54
4,289
00
44
95
80
40
25
18
60
72
18
84
92
$181,467 28
$181,467 28
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
matured share account,
surplus,
Cash on hand Oct 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$42,793
9,853
483
334
1
30,814
00
80
60
54
25
19
6,700 00
3,400
6,760
583
14
391
00
00
37
75
70
9,348
4,226
227
46
80
25
19
93
$115,979 37
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdraw n ,
profits capital forfeited,
profits capital matured,
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure,
.
.
.
.
matured share account,
surplus, .
.
.
.
Cash on hand Oct. 31, 1904,
$58,936
2,660
16,749
350
9,936
2,335
55
4,567
502
342
39
00
00
00
00
49
85
69
82
86
147 35
8,049
6,461
554
4,329
80
39
95
78
$115,979 37
42
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
Amount.
Rate.
$10 400 00
151,792 20
6.00 per cent.
6.30
Re a l E s t a t e .
L oans
Amount.
Rate.
$1,300 00
200 00
on
Amount
6.6 0 per cent.
7.80
Sh a r e s .
Rate.
$200 00
2,900 00
6.00 per cent.
6.30
A ug.,
Feb..
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb..
A u g .,
Feb.,
A u g .,
Feb.,
A ug.,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A ug.,
Feb.,
A u g .,
V alu e.
Total
in
Force.
Shares
V alu e per
3h are.
D ate of
Issu e.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
•
1893, .
6
1894, .
1894, .
7
8
1895, .
9
1895, .
10
1896, .
1896, .
11
12
24
3 ,0 4 5
36
1897, .
1897, .
13
117
17
111
1 3 .0 0 5
87
14
54
5 ,8 2 0
12
1898, .
15
107 78
98 70
115
1 1 ,3 5 0
50
50
$192
11
38
180 33
95
39
34
7 ,0 3 2 8 7
5 ,7 4 4 3 0
93
00
8 ,6 8 6
147 25
1 36 91
126 89
59
39
8 ,6 8 7 7 5
5 ,3 3 9 4 9
168
157
$ 7 ,3 0 0
18
15
1898, .
16
89 86
75
6 ,7 3 9
1899, .
81
33
132
1 0 ,7 3 5
56
73
06
1900, .
17
18
19
65
05
106
141
7 ,7 4 4
9 ,1 7 2
36
05
1900, .
20
21
57 27
49 73
178
1901, .
140
6 ,9 6 2
20
1901, .
1902, .
22
42 44
182
7 ,7 2 4
08
185
1899, .
45
24
35 37
2 8 51
6 ,5 4 3
1902, .
320
9 ,1 2 3
20
25
21
85
385
8 ,4 1 2
25
1903, .
26
15 38
398
6 ,1 2 1
24
1904, .
27
28
10
449
4 ,0 8 5
90
3 00
533
1 ,5 9 9
00
449
00
$ 1 7 1 ,6 1 8
44
9
Dues paid in advance, .
Total,
$ 1 4 3 ,4 6 5
00
2 6 ,6 7 1
1 ,4 8 2
44
00
$ 1 7 1 ,6 1 8
44
1 0 ,1 9 4 0 6
1903, .
1904, .
23
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
Total,
Number of shares issued during the y e a r , ..................................................1,117
Number of shares now in f o r c e , ..................................................................... 3,792
Number of shares now borrowed u p o n ,...............................................................984
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 600
Number of shares forfeited during the y e a r ,....................................................... 52
Number of shares matured during the y e a r , ....................................................... 72
Highest rate of premium or interest received on money sold during the y ea r:
per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................65
Present number of m e m b e r s ,.................................................................................. 519
Present number of borrowers, ...................................................................................148
Present number of non-borrow ers,.........................................................................371
Number of loans secured by first mortgage of real estate,
.
.
. 163
Number of loans on shares,
..................................................................... 17
Largest loan to any one m e m b e r ,...............................................................................$4,400 00
Smallest loan to any one m e m b e r ,..............................................................................
20 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
502 82
Date of examination by commissioner : January 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
43
SAVINGS BANK COMMISSIONERS.
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 .
Incorporated Aug. 22, 1887.
G e o r g e H . C a r l e t o n , President.
Commenced business Sept. 12, 1887.
J a m e s W . G o o d w in , Secretary and Treasurer.
Names of security committee :
J o sh u a M . S t o v e r ,
G e o r g e M . G o o d w in ,
P h i l i p C. S w e t t .
Regular meetings the second Monday of each month.
Balance Sheet
Oct. 31, 1904.
L ia b il it ie s .
A ss et s .
$201,180 64
Loans on real estate,
Loans on shares,
10,777 50
Temporary expense account,
65 00
658 44
Real estate by foreclosure,
44 39
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
4,104 46
Dues capital.
Profits capital (all series),
Interest,
.
.
.
.
Withdrawal profits,
Forfeiture profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Bond account,
.
$182,368
29,555
615
88
65
1,150
2,518
319
150
00
61
47
02
44
00
84
05
00
$216,830 43
$216,830 43
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
D isbd bse m en t s .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
Cash on hand Oct 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$52,458
11,252
258
48,915
00
41
62
00
1,400 00
1,000
4,635
233
176
00
00
93
80
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital m atured,.
temporary expenses.
interest on m a t u r e d
shares,
real estate by foreclosure,
Cash on hand Oct. 31, 1904,.
$66,305
7,790
25,309
6,991
3,087
2,532
2,501
1,113
1,803
00
00
00
00
00
08
45
63
25
46 41
1.566 60
4,104 46
1,652 24
1,167 88
$123,149 88
$123,149 88
44
[Pub. Doc.
REPORT OF THE
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
Amount.
on
Rate.
$149,698 64
L oans
R e al E s t a t e .
Amount.
Amount.
Rate.
$51,482 00
5 per cent.
on
6 per cent.
$9,047 50
1,730 00
Sh a r e s .
Rate.
5 per cent.
6
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
$186
176
166
156
146
136
127
118
109
100
92
84
76
68
60
53
46
39
32
26
19
13
7
1
89
42
16
11
35
72
34
27
42
72
35
09
14
36
88
57
46
50
72
08
61
27
07
00
Dues paid in advance, .
Total,
Total
Value.
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Shares in
Force.
D a te of
Is s u e .
Value per
Share.
Series.
Beconciliation o f Share Account with Dues and Profits Capital.
47
55
42
44
75
80
127
62
93
145
37
171
84
151
173
178
200
235
325
380
490
295
404
377
$8,783
9,703
6,978
6,868
10,976
10,937
16,172
7,332
10,176
14,604
3,416
14,379
6,395
10,322
10,532
9,535
9,292
9,282
10,634
9,910
9,608
3,914
2,856
377
83
10
72
84
25
60
18
74
06
40
95
39
76
36
24
46
00
50
00
40
90
65
28
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$182,368 00
29,555 61
1,562 00
494 00
•
$213,485 61
Total,
$213,485 61
Number of shares issued during the y e a r , ................................................. 995
Number
of shares now in f o r c e , ........................................................4,270
Number
of shares now borrowed u p o n ,...................................................1,479
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , .............................................839
Number of shares retired during the y e a r , ....................................................49
Number of shares matured during the y e a r , ....................................................21
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2-} per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,....................................... 105
Present number of m e m b e r s ,.................................................................................. 551
Present number of borrowers,...................................................................................181
Present number of non-borrowers,.........................................................................370
Number of loans secured by first mortgage of real estate,
.
.
. 171
Number of loans on s h a r e s , .................................................................................... 51
Largest loan to any one member....................................................................................$5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
10 00
Amount of'expenses of the corporation for the year ending Oct. 31, 1904, .
1,803 25
Date of examination by commissioner : October 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
45
SAYINGS BANK COMMISSIONERS
C IT Y C O -O P E R A T IV E B A N K — H O LY O K E .
Incorporated July 16, 1889.
D a n ie l P r o u l x , President.
Commenced business July 23, 1889.
P ie r r e B o n v o u l o ir , Secretary and Treasurer.
Names of security committee :
A . F . G in g r a s ,
V a l M o q u in ,
L . T r e f f l e B e a u l ie u .
Regular meetings the fourth Tuesday of each month.
Balan ce Sheet Oct.
31, 1904.
L ia b il it ie s .
A sset s .
$105,475 00
Loans on real estate,
5,725 00
Loans on shares, .
332 84
Temporary expense account,
208 51
Unpaid interest,
34 15
Unpaid fines, .
.
.
.
8,613 84
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Security committee,
$120,389 34
$103,538
12,504
1,864
31
118
1,200
1,121
10
00
45
19
71
25
60
00
64
50
$120,389 34
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
security committee,
temporary expense,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$38,323
5,570
139
1
17,225
00
62
49
00
00
400 00
.8,350 00
341 07
760
28
90
12,363
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured. .
profits capital withdrawn,
profits capital matured,
temporary expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$42,150
6,975
19,055
2,720
1,764
1,104
1,073
00
00
00
00
21
45
92
65 92
70 21
8,613 84
00
50
00
87
$83,592 55
$83,592 55
46
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
Lo ans
Amount.
on
ltate.
$87,925 00
He a l E s t a t e .
L o an s
Amount.
5 per cent.
Rate.
$17,550 00
on
Amount.
6 per cent.
$4,575 00
1,150 00
S h ar es .
Rate.
5 per cent.
6
“
1893,
1893,
1894,
1895,
1895,
1896,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
9
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$197
186
164
154
143
134
128
124
115
106
97
88
80
72
64
57
49
42
35
29
22
16
10
4
Dues paid in advance, .
Total,
81
37
50
04
89
03
84
18
17
14
38
89
64
62
84
29
96
84
94
20
65
29
07
00
Total
Value.
Jan.,
July,
July,
Jan.,
July,
Jan ,
A pr.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan ,
July,
Shares in
Force.
L a t e of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
46
6
$9,099
1,118
987
154
2,733
5,361
1,159
745
460
4,988
2,531
1,244
7,822
5,156
4,538
8,994
14,088
5,826
11,033
6,862
9,263
5,343
5,558
1,548
6
1
19
40
9
6
4
47
26
14
97
71
70
157
282
136
307
235
409
328
552
387
26
22
00
04
91
20
56
08
68
58
88
46
08
02
80
53
72
24
58
00
85
12
64
00
Dues capital as per general ledger,
Profits capital as per
general ledger, .
Unpaid dues,
$103,538 00
12,504 45
712 00
135 00
$116,754 45
Total,
$116,754 45
Number of shares issued during the y e a r , ....................................... 1,063
Number of shares now in f o r c e , ........................................................... 3,255
Number of shares now borrowed u p o n ,..........................................................854
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 810
Number of shares matured during the year..................................................... 19
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed: first term, 2| per cent.; secbnd term, 2^ per cent.
Number of members withdrawn during the y e a r ,....................................... 69
Present number of m e m b e r s ,.................................................................................. 459
Present number of b o r r o w e r s , ......................................................................... 116
Present number of non-borrow ers,.........................................................................343
Number of loans secured by first mortgage of real estate,
.
.
.
90
Number of loans on s h a r e s , .................................................................................... 42
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
¿5 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,036 52
Date of examination by commissioner : September 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
47
SAYINGS B A N K COMMISSIONERS.
C LIN TO N C O -O P E R A TIV E B A N K — C L IN T O N .
Incorporated Sept. 23, 1887.
Commenced business Oct. 20, 1887.
C h a r l e s L. S t e v e n s , President.
W a l t e r it. D a m e , Secretary.
T h o m a s S. D a v i s , Treasurer.
Names of security committee :
G e o r g e P. F r e n c h ,
H e n r y I. C h e n e y ,
Ch a r l e s L. Stev en s.
Regular meetings the third Thursday of each month.
B a l a n c e Sh e e t O c t .
31, 1904.
L ia b il it ie s .
A ss et s .
Loans on real estate,
. • . $207,495 00
6,500 00
Loans on shares, .
Permanent expense account,
150 00
24 01
Temporary expense account,
2,291 96
Real estate by foreclosure,
.
892 40
Unpaid interest,
Cash in hands of treasurer, .
17,847 01
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Personal account,
Security committee,
$199,309
29,214
933
56
59
1,439
3,748
5
431
3
00
15
31
50
25
35
10
40
74
58
00
$235,200 38
$235,200 38
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
fines....................................
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturitv of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
security committee,
personal account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$59,416
11,308
525
2
35,650
00
97
32
75
00
900 00
1,525 00
16,450 00
353 66
90
2,181
60
975
2,298
50
00
61
10
$131,647 81
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital m atured,.
temporary expenses,
real estate by foreclosure,
security committee,
personal account, .
Cash on hand Oct. 31, 1904,
$42,410
16,130
31,179
55
9,190
5,328
3,684
3
1,874
2,104
839
395
63
544
17,847
00
00
00
00
00
00
20
30
68
56
07
96
00
03
01
$131,647 81
REPORT OF THE
48
[Pub. Hoc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
Rate.
Amount.
Real E sta te .
Amount.
5 per cent.
6
$203,495 00
3,850 00
Loans
Rate.
$150 00
on
S h ar es .
Amount.
6| per cent.
$6,500 00
Rate.
5 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
$200
189
178
167
157
147
137
128
118
110
101
92
84
76
68
61
53
46
39
32
26
19
13
7
1
Dues paid in advance, .
Total,
81
45
40
75
44
38
62
14
95
01
31
86
60
60
80
20
81
61
61
80
16
66
30
08
00
Total
Value
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
20
30
21
32
33
22
71
50
50
131
169
91
97
175
191
328
370
263
324
417
350
420
490
419
381
$4,016
5,683
3,746
5,368
5,195
3,242
9,771
6,407
5,947
14,411
17,121
8,450
8,206
13,405
13,140
20,073
19.909
12,258
12,833
13,677
9,156
8,257
6,517
2,966
381
20
50
40
00
52
36
02
00
50
31
39
26
20
00
80
60
70
43
64
60
00
20
00
52
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
29,214 15
1,768 00
148 00
$230,291 15
Total,
$230,291-15
Number of shares issued during the y e a r , ........................................1,015
Number of shares now in f o r c e , ........................................................... 4,945
Number of shares now borrowed u p o n ,................................................. 1,375
Largest number of shares held by any one member.....................................25
Number of shares withdrawn during the y e a r , ........................................900
Number of shares forfeited during the y e a r ,................................................. 5
Number of shares retired during the y e a r , ................................................. 119
Number of shares matured during the y e a r , ................................................. 37
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the year .
5 per cent.
Rate of profits distributed : first term, 2^ per c en t.; second term,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$199,309 00
per cent.
No. 8.]
SAYIN GS BANK COMMISSIONERS.
49
Number of members withdrawn during the y e a r ,....................................... 130
Present number of m e m b e r s ,.................................................................................. 770
Present number of borrowers,.................................................................................. 183
Present number of non-borrowers,.........................................................................587
Number of loans secured by first mortgage of real estate,
.
.
. 167
Number of loans on s h a r e s , .................................................................................... 28
Largest loan to any one member.................................................................................... $5,000 00
Smallest loan to any one m e m b e r,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : April 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
50 00
839 07
[Pub. Doc.
REPORT OF THE
50
CO LU M BIAN C O -O P E R A T IV E B A N K — CAMBRIDG-EPORT.
Incorporated M ay 6, 1892.
A l f r e d L . B a r b o u r , President.
Commenced business June 6, 1892.
H e r b e r t H . D y e r , Secretary and Treasurer.
Names of security committee:
C h a r l e s H . M o ntague,
L evi H aw kes,
H e n r y L . L in c o l n ,
J a m e s A . D ow .
Regular meetings the first Monday of each month.
Balan ce Sheet
A ss e t s .
Loans on real estate,
Loans on shares, .
Mortgages,
.
.
.
.
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
Oct. 31, 1904.
L ia b il it ie s .
$181,725
11,465
7,954
563
77
6,723
.
90
00
95
02
10
92
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$208,509 89
$174,980 00
30,253 40
13
1
15
888
2,303
67
20
27
24
88
77
$208,509 89
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
mortgage,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rsem en ts .
$46,528
10,220
48
246
00
38
07
88
75
16,329 93
4,761 55
1,400
2,860
628
85
1,038
00
00
82
63
44
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure,
mortgage,
Cash on hand Oct. 31, 1904,
$34,787
6,145
18,299
1,182
9,206
2,531
342
3,424
665
1,326
34
00
00
00
00
39
54
05
22
80
156
3,293
600
6,723
24
22
00
92
3,293 22
200 00
1,041 05
$88,682 72
$88,682 72
No. 8.]
SAYINGS BAN K COMMISSIONERS.
51
Total Amount o f Loans at Specified, Rates o f Interest.
L o an s
Amount.
on
L oans
Amount.
Rate.
$171,313 86
1,850 00
R e al E s t a t e .
5 per cent.
$ 8 ,5 6 2 04
Rate.
Amount.
6.30 per cent.
$11,315 00
150 00
6
on
S h ar es .
Rate.
5 per cent.
6
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
$197
186
175
164
154
144
134
125
116
107
98
90
83
75
68
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
09
12
13
75
55
60
86
51
38
49
90
54
76
80
02
41
01
81
78
93
23
70
32
09
52
61
8
35
21
52
61
78
107
112
98
201
54
103
159
215
178
233
220
316
316
267
445
490
Value.
Total
Shares in
Force.
D a te of
Issue.
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$10,248
11,353
1,401
5,766
3,245
7,519
8,226
9,789
12,452
12,038
9,692
18,198
4,523
7,807
10,815
12,988
9,435
10,673
8,531
10,089
7,972
4,992
5,482
2,984
68
32
04
25
55
20
46
78
66
88
20
54
04
40
18
15
78
73
60
88
68
90
40
10
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
30,253 40
1,421 00
-
425 00
$206,654 40
Total,
Number of shares issued during the y e a r , ..................................................1,042
Number of shares now in f o r c e , ..................................................................... 3,882
Number of shares now borrowed u p o n ,........................................................... 1,203
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year....................................................584
Number of shares forfeited during the y e a r ,....................................................... 23
Number of shares matured during the y e a r ,....................................................... 63
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
LoAvest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2^ per cent.; second term : 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$174,980 00
$206,654 40
52
REPORT OF THE
[Pub. Doc.
Number of mémbers withdrawn during the y e a r ,....................................... 55
Present number of m e m b e r s ,.................................................................................. 504
Present number of borrowers.......................................................................................92
Present number of non-borrowers,........................................................................ 412
Number of loans secured by first mortgage of real'estate,
.
.
' .
80
Number of loans on s h a r e s , .................................................................................... 49
Largest loan to any one member, ...............................................................................$5,000 00
Smallest loan to any one m e m b e r,...............................................................................
35 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
665 22
Date of examination by commissioner : February 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
53
SAVINGS BANK COMMISSIONERS.
D A N V E R S C O -O P E R A TIV E B A N K — D A N V E R S .
Incorporated Aug. 22, 1892.
S a m u e l L. S a w y e r , President.
Commenced business Aug. 29, 1892.
H arry M. W
il k in s ,
Secretary and Treasurer.
Names of security committee:
Sa m u e l L . S a w y e r ,
Jasper M a r sh ,
M a r c u s C. P e x t in g e l l .
Regular meetings the last Monday of each month.
B a l a n c e Sh e e t O ct.
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Temporary expense account,
Real estate by foreclosure,
.
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L i a b il it ie s .
$42,125
1,585
75
68
9,260
427
24
45
4,342
00
00
00
49
62
33
90
95
17
Dues capital,
Profit capital (all series),
Interest,
.
.
.
.
Premiums, .
F i n e s , .......................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
$57,954 46
$48,535
7,920
613
37
25
122
165
535
00
52
41
44
35
52
00
22
$57,954 46
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclos
ure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$13,359
2,443
149
88
7,825
2,625
204
00
41
81
47
00
00
92
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
real estate by foreclosure,
Cash on hand Oct. 31, 1904,.
$3,510
1,960
14,594
2,833
345
335
4,342
00
00
00
73
89
49
17
417 73
807 94
$27,921 28
$27,921 28
54
[Pub. Doc.
REPORT OF THE
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
Amount.
Rate.
$23,310 00
16,515 00
5.30 per cent.
6.30
L oans
R e al E s t a t e .
Amount.
6.60 per cent.
6.90
$1,585 00
Sh a k e s .
Rate.
Amount.
Rate.
$1,300 00
1,000 00
on
5.30 per cent.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
$185
176
165
155
145
136
127
118
109
100
92
84
76
69
61
54
47
41
34
28
21
15
9
3
Dues paid in advance, .
Total,
•
12
37
85
77
91
35
07
00
25
76
52
51
74
19
85
74
85
12
53
02
57
26
07
00
Total
Value
Feb.,
Aug.,
Feb.,
A u g .,
Feb.,
A ug.,
Feb.,
A u g .,
Feb.,
A ug.,
Feb.,
Aug ,
Feb.,
A ug.,
Feb.,
A ug.,
Feb.,
A ug.,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Shares in
Force.
D a t e of
I ssu e .
Value per
Share.
'
Series.
Reconciliation o f Share Account with Dues and Profits Capital,
37
12
18
28
39
5
5
21
40
26
16
$6,849
2,116
2,985
4,361
5,690
681
635
2,478
4,370
2,619
1,480
507
1,611
4,013
989
328
1,387
2,590
3,867
1,849
2,998
2,258
498
234
6
21
58
16
6
29
63
112
66
139
148
55
78
44
44
30
56
49
75
35
00
00
76
32
06
54
02
60
44
65
56
36
32
23
48
85
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$48,535 00
7,920 52
1,045 00
98 00
$57,500 52
Total,
$57,500 52
Number of shares issued during the y e a r , ................................................. 158
Number of shares now in f o r c e , ...........................................................1,044
Number of shares now borrowed u p o n ,...........................................................280
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 281
Highest rate of premium or interest received on money sold during the y ea r:
5T3ff per cent.
Lowest rate of premium or interest received on money sold during the year:
5 ^ per cent.
Rate of profits distributed: first term, 2 per cent.; second term, 2 per cent.
Number of members withdrawn during the y e a r , ....................................... 33
Present number of members, .
........................................................... 178
Present number of borrowers,.................................................
52
Present number of non-borrowers, .....................................................................126
Number of loans secured by first mortgage of real estate,
.
.
.
32
Number of loans on shares,
.....................................................................20
Largest loan to any one m e m b e r ,.............................................................................. $2,600 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
365 89
Date of examination by commissioner : July 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BAN K COMMISSIONERS.
DO
D E A N C O -O P E R A T IV E B A N K — F R A N K L IN .
Incorporated June 15, 1889.
E l is h a P . C h a p m a n , President.
Commenced business July 2, 1889.
O r e st e s T . D o e , Secretary and Treasurer.
Names of security committee:
N e l so n E . N e w e l l ,
J o se p h T . H u t c h in s o n ,
P alm er A . W oodw ard.
Regular meetings the first Tuesday of each month.
B alance
Sh e e t O c t.
A sset ’s .
Loans on real estate,
Loans on shares, .
Temporary expense account,.
Town notes, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$39,100
800
119
12,075
1,857
00
00
64
00
28
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus........................................
$43,085
6,675
1,034
22
18
62
730
2,323
00
51
07
38
13
84
00
99
$53,951 92
$53,951 92
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
city and town notes,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$11,531
3,355
86
26
22,625
1,275
181
16,202
38
00
34
18
65
00
00
24
28
56
$55,321 25
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
town notes,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$22,400
1,450
14,100
308
2,605
123
402
12,075
1,857
00
00
00
00
33
06
58
00
28
$55,321 25
56
[Pub. Doc.
REPORT OF THE
Total Amount of Loans at Specified Rates of Interest.
L o an s
on
K e a l E st a t e .
L oans
Amount.
Rate.
Amount.
$31,400 00
6.00 per cent.
$7,700 00
on
Rate.
Amount.
Rate.
6J per cent.
$800 00
S h ar es .
6.00 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$171
160
150
140
131
122
113
104
96
87
79
72
64
57
49
42
35
29
22
16
10
4
20
81
73
91
41 .
21
25
53
09
88
89
12
54
13
89
85
98
29
74
35
10
00
Total
Value.
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D ate of
Issue.
Jan ,
July,
Jan.,
July,
Jan ,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Value per
Share.
1
Reconciliation o f Share Account with Dues and Profits Capital.
10
11
3
17
13
25
37
40
26
47
63
79
37
28
37
12
86
18
39
69
104
111
$1,712
1,768
452
2,395
1,708
3,055
4,190
4,181
2,498
4,130
5,033
5,697
2,387
1,599
1,845
514
3,094
527
886
1,128
1,050
444
•
•
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$43,085 00
6,675 51
589 00
48 00
Dues paid in advance, .
Total,
00
91
19
47
33
25
25
20
34
36
07
48
98
64
93
20
28
22
86
15
40
00
•
•
$50,349 51
Total,
$50,349 51
Number of shares issued during the year,
.
.
.
.'
.
. 248
Number of shares now in f o r c e ,............................................................................ 912
Number of shares now borrowed u p o n ,............................................................... 244
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ............................................224
Number of shares retired during the y e a r , ..........................................................2
Highest rate of premium or interest received on money sold during the year:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
4 per cent.
Rate of profits distributed: first term, 2 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 19
Present number of m e m b e r s,...................................................................................121
Present number of b o r r o w e r s , ........................................................................... 31
Present number of non-borrowers,........................................................................... 90
Number of loans secured by first mortgage of real estate, .
.
.
33
Number of loans on shares,
5
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
402 58
Date of examination by commissioner : February 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
57
SAYINGS B A N K COMMISSIONERS.
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 .
Incorporated Feb. 11, 1886.
F . F . F a v o r , President.
Commenced business Feb. 16, 1886.
F . H . V a l e n t i n e , Secretary.
T . P. M u r r a y , Treasurer.
Names of security committee:
J. W a r d l e , Jr.,
0. W . W
A . C. H i b b a r d .
it h in g t o n ,
Regular meetings the third Tuesday of each month.
B a l a n c e Sh e e t O c t .
L ia b il it ie s .
A sset s .
Loans on real estate,
Loans on shares, .
Unpaid interest,
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
.
$91,950
4,325
135
8
32
1,756
00
00
39
45
61
80
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
.
$83,233
12,593
646
1,735
00
44
33
48
$98,208 25
$98,208 25
Detailed, Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isb u r se m e n t s .
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$30,165
5,219
274
126
11,550
00
18
20
11
00
3,000
3,150
260
341
00
00
43
08
$54,086 00
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired. .
profits capital matured,
temporary expenses,
interest on retired and
matured shares, .
interest repaid,
premiums repaid, .
Cash on hand Oct. 31, 1904,
$28,800
3,275
10,642
3,710
2,230
1,040
824
959
732
00
00
00
00
00
95
05
04
12
107 34
8 30
40
1,756 80
$54,086 00
[Pub. Doc.
REPORT OF THE
58
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
Amount.
Rate.
$91,950 00
6.30 per cent.
L oans
R eal E sta te .
S h ak es .
Rate.
Amount.
Rate.
Amount.
on
$2,575
1,075
300
250
40
35
50
00
00
00
00
00
00
00
6.30 .per cent.
6.40
“
6.80
“
7.40
«
7.50
“
7.80
“
8.60
“
1893,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
16
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
$197
163
153
142
132
122
113
104
95
86
78
69
61
54
46
39
32
25
18
12
6
Dues paid in advance, .
Total,
94
90
21
83
75
96
46
23
27
57
13
93
97
24
74
46
39
52
85
38
10
Total
Value.
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
Shares in
Force.
D a te op
I ssue .
Value per
' Share.
Series.
Reconciliation o f Share Account ivith Dues and Profits Capital.
1
9
19
3
22
5
10
91
79
89
73
82
112
94
176
98
276
222
266
306
493
$197
1,475
2,910
428
2,920
614
1,134
9,484
7,526
7,704
5,703
5,734
6,940
5,098
8,226
3,867
8,939
5,665
5,014
3,788
3,007
94
10
99
49
50
80
60
93
33
73
49
26
64
56
24
08
64
44
10
28.
30
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
12,593 44
585 00
28 00
$96,411 44
Total,
Number of shares issued during the y e a r , ..................................................... 945
Number of shares now in f o r c e , ..................................................................... 2,526
Number of shares now borrowed u p o n ,...............................................................650
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 534
Number of shares retired during the y e a r , ....................................................... 43
Number of shares matured during the y e a r ,....................................................... 16
Highest rate of premium or interest received on money sold during the y ea r:
8 ^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6^y per cent.
Hate of profits distributed: first term, 3 per cent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$83,233 00
$96,411 44
No. 8.]
SAYINGS BANK COMMISSIONERS.
59
Number of members withdrawn during the y e a r ,....................................... 49
Present number of m e m b e rs,................................................................................... 347
Present number of borrowers,...................................................................................103
Present number of non-borrowers.................................................... \
244
Number of loans secured by first mortgage of real estate,
.
.
.
94
Number of loans on s h a r e s , .................................................................................... 55
Largest loan to any one member, .
.
........................................................... $4,000 00
Smallest loan to any one m e m b e r,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
732 12
Date of examination by commissioner : September 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
GO
REPORT OF THE
[Pub. Uoc.
D O RCH ESTER C O -O P E R A T IV E B A N K — DORCH ESTER.
Incorporated Aug. 21, 1890.
Commenced business Sept. 10, 1890.
A m o r L . H o l l in g s w o r t h , President. P in c k n e y H o l b r o o k , Secretary and Treasurer.
Names of security committee:
Sa m u e l G a n n e t t ,
W a l t e r S. F o x ,
R o b e r t D . M o ss m a n ,
J. H o m e r P i e r c e ,
L aban P ratt.
Regular meetings the second Wednesday of each month.
B alan ce Sh eet O ct.
A sset s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$178,435 00
Loans on shares, .
8,295 00
221 70
Temporary expense account,
Real estate by foreclosure, .
2,351 32
Mortgages,
.
.
.
.
7,400 00
Unpaid interest,
1,314 00
Cash in hands of treasurer, .
3,206 38
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , ........................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Profit and loss,
$201,223 40
$167,616
25,789
1,915
73
249
2,409
3,104
64
1
00
45
80
91
10
39
36
39
00
$201,223 40
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
.
. . .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
mortgages, .
profit and loss,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$50,078
11,004
426
1
41,328
00
34
28
75
00
5,000 00
4,945 00
• 691 22
58
200
3
4,441
13
00
97
85
$118,178 54
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital m atured,.
temporary expenses,
interest on retired shares,
real estate by foreclosure,
profit and loss,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$48,443
5,815
35,267
3,999
8,652
6,422
1,152
3,864
1,177
71
103
5
3,206
00
00
00
00
00
25
00
63
51
60
17
00
38
$118,178 54
No. 8.]
SAVINGS BANK COMMISSIONERS.
61
Total Amount o f Loans at Specified Rates o f Interest.
L oans
L oans
R e al E s t a t e .
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
$13,200 00
6.30 per cent.
$8,295 00
5.00 per cent.
Amount.
$165,235 00
on
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
$195
172
161
151
141
131
122
112
103
95
86
78
70
62
55
48
40
34
27
20
14
8
2
04
64
97
58
54
67
22
96
97
25
83
63
67
95
42
10
96
03
28
71
31
08
00
Total
Value.
M ar.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Mar ,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Mar ,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Shares in
Force.
D a t e of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
35
24
24
39
42
19
51
61
105
126
134
287
237
233
190
152
326
212
262
406
354
580
470
$6,826
4,143
3,887
5,911
5,944
2,501
6,233
6,890
10,916
12,001
11,635
22,566
16,748
14,667
10,529
7,311
13,352
7,214
7,147
8,408
5,065
4,686
940
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$195,842 45
25,789 45
2,437 00
$195,842 45
Total,
Number of shares issued during the y e a r , .................................................. 1,196
Number of shares now in f o r c e , ..................................................................... 4,369
Number of shares now borrowed u p o n ,............................................................1,136
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 838
Number of shares retired during the y e a r , ....................................................... 40
Number of shares matured during the y e a r ,....................................................... 63
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$167,616 00
311 00
Dues paid in advance, .
Total,
40
36
28
62
68
73
22
56
85
50
22
81
79
35
80
20
96
36
36
26
74
40
00
per cen t.: second term,
per cent.
62
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 65
Present number of members, .................................................................................. 511
Present number of borrowers,.................................................................................. 116
Present number of non-borrow ers,........................................................................ 395
Number of loans secured by first mortgage of real estate,
.
.
.
97
Number of loans on s h a r e s , .................................................................................... 22
Largest loan to any one m e m b e r ,................................................. .........
Smallest loan to any one m e m b e r ,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31,1904,
Date of examination by commissioner : April 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
5 00
1,177 51
No. 8.]
<)3
SAYINGS BANK COMMISSIONERS.
ECONO M Y C O -O P E R A T IV E B A N K — M E R R IM A C .
Incorporated July 26, 1889.
G eo rg e G . L a r k i n , President.
Commenced business Aug. 12, 1889.
B a i l e y S a r g e n t , Secretary and Treasurer.
Names of security committee :
D. W
arren
G ould,
F r e d S. H a r d w i c k ,
R obert 0 . P atten .
Regular meetings the second Monday of each month.
B alance Sheet Oct.
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Temporary expense account,
Real estate by foreclosure,
Unpaid interest,
Unpaid premiums, .
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
$24,215
775
61
4,615
435
23
38
1,083
00
00
85
95
64
25
50
85
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
$24,348
4,333
380
20
29
54
523
1,557
00
86
18
75
89
73
76
87
$31,249 04
$31,249 04
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,843
1,452
77
101
00
75
85
91
50
4,038 00
560 00
61 15
909 81
773 88
$13,818 85
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 31, 1904,
$6,100
700
3,252
1,210
611
361
250
00
00
00
00
35
10
07
250 48
1,083 85
$13,818 85
64
[Pub. Doc.
REPORT OF THE
Total Amount o f Loans at Specified Rates of Interest.
L o an s
on
L o an s
Real E state.
Amount.
Rate.
Amount.
Rate.
$24,215 00
6.30 per cent.
-
-
on
Rate.
Amount.
$775 00
Sh a k e s .
6.30 per cent.
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$159
149
139
130
121
112
103
95
87
79
71
63
56
48
41
35
28
21
15
9
3
Dues paid in advance, .
Total,
11
19
52
18
11
27
64
23
02
03
22
61
19
96
90
01
29
73
33
09
00
Total
Value.
Aug.,
Feb.,
A u g .,
Feb.,
A ug.,
Feb.,
A u g .,
Feb.,
A u g .,
Feb ,
Aug.,
Feb.,
A ug.,
Feb.,
A ug.,
Feb..
A ug.,
Feb.,
A u g .,
Feb.,
A u g .,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
22
9
18
23
20
10
13
20
11
20
19
19
17
28
28
24
29
27
45
70
20
$3,500
1,342
2,511
2,994
2,422
1,122
1,347
1,904
957
1,580
1,353
1,208
955
1,370
1,173
840
820
586
689
636
60
42
71
36
14
20
70
32
60
22
60
18
59
23
88
20
24
41
71
85
30
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$24,348 00
4,333 86
703 00
7 00
$29,384 86
Total,
$29,384 86
Number of shares issued during the y e a r , ..................................................... 100
Number of shares now in f o r c e , ........................................................................ 492
Number of shares now borrowed u p o n ,............................................................... 163
Largest number of shares held by any one member,
.
.
.
.
15
Number of shares withdrawn during the y e a r , ............................................. 68
Number of shares retired during the y e a r , ....................................................... 10
Highest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the year........................................... 14
Present number of m e m b e r s ,.................................................................................. 117
Present number of borrow ers,.................................................................................... 39
Present number of non-borrow ers,.................................................
78
Number of loans secured by first mortgage of real estate,
.
.
.
36
Number of loans on s h a r e s , ...................................................................................... 3
Largest loan to any one m e m b e r ,...............................................................................$2,600 00
Smallest loan to any one m e m b e r ,..............................................................................
75 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
250 07
Date of examination by commissioner : March 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
65
SAY IN G S BANK COMMISSIONERS.
E N T E R P R IS E C O -O P E R A T IV E B A N K — E A ST BOSTON.
Incorporated March 31, 1888.
C h arles T . W
it t ,
Commenced business April 3, 1888.
H o r a c e B . B u t l e r , Secretary and Treasurer.
President.
Names of security committee :
Ch a r l e s T . W
it t ,
W
H orace B . B u tle r ,
il l i a m
G. E m e r y .
Regular meetings the third Wednesday of each month.
B a l a n c e Sh e e t O c t .
31, 1904.
L ia b il it ie s .
A ssets .
$401,850 00
Loans on real estate,
26,725 00
Loans on shares, .
202 07
Permanent expense account,.
8,217 52
Real estate by foreclosure,
.
7,554 72
Mortgages.....................................
104 69
Unpaid fines, .
.
.
.
9,909 54
Personal accounts,.
Cash in hands of treasurer, .
15,367 59
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Transfer fees,
Withdrawal profits,
Forfeiture profits,.
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Security committee,
.
$385,845 00
71,920 91
332 62
50
309 47
To
5,800 00
5,605 55
110 78
5 55
$469,931 13
$469,931 13
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
Re c e ip t s .
From dues capital,
interest,
)
premiums, j
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
personal accounts,
retired share account, .
matured share account,
mortgages, .
security committee,
tax title,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$91,918 00
1,044
8
63,550
16,050
1,728
117
5,068
91
25
00
00
61
68
72
479
9,896
13,046
18,864
205
10
50
5,192
46
57
35
12
28
00
35
52
$251,292 70
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital with drawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured, .
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
personal accounts, .
retired share account, .
matured share account,.
surplus, .
.
.
.
mortgages,
uncompleted mortgage
loans, .
.
.
.
tax titl e, .
.
.
.
furniture and fixtures, .
security committee,
Cash on hand Oct. 31, 1904,.
$62,550
17,850
51,807
3,813
9,271
13,402
8,698
1,348
3,535
5,462
2,320
5.046
240
2,342
12,488
13,046
18,864
203
1,640
00
00
00
00
00
00
60
81
35
12
46
72
00
44
71
35
12
63
00
1,840
50
100
4
15,367
00
35
00
45
59
$251,292 70
REPORT OF THE
66
[Pub. Doc.
Total Amount o f Loans at Specified Bates of Interest.
L oans
Amount.
$354,300 00
15,700 00
on
Real E sta te .
L oans
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.0 0 per cent.
5.25
“
$30,650 00
1,200 00
6.30 per cent.
6.90
«
$22,925 00
3,500 00
300 00
5.00 per cent.
6.00
6.30
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
$191
180
169
159
148
138
129
119
110
102
93
85
77
69
61
54
46
39
32
26
19
13
7
1
Dues paid in advance, .
Total,
81
59
72
19
95
99
34
99
90
07
49
18
10
26
63
17
94
88
99
27
72
33
09
00
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.,
Shares in
Force.
D a te of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
87
83
102
147
165
184
93
202
351
227
309
327
391
284
455
301
460
330
473
484
612
509
849
331
$16,687
14,988
17,311
23,400
24,576
25,574
12,028
24.237
38,925
23,169
28,888
27,853
30,146
19,669
28,041
16,305
21,592
13,160
15,604
12,714
12,068
6,784
6,019
331
47
97
44
93
75
16
62
98
90
89
41
86
10
84
65
17
40
40
27
68
64
97
41
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
71,920 91
2,607 00
*
290 00
$460,372 91
Total,
Number of shares issued during the y e a r . ........................................1,515
Number of shares now in force.................................................................... 7,756
Number of shares now borrowed u p o n ,................................................. 2,809
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,196
Number of shares forfeited during the y e a r , ................................................. 58
Number of shares retired during the y e a r , ................................................. 65
Number of shares matured during the y e a r , ................................................. 93
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$385,845 00
$460,372 91
No. 8.]
SAYINGS BANK COMMISSIONERS
G7
Number of members withdrawn during the y e a r ,....................................... 144
Number of loans secured by first mortgage of real estate,
.
.
. 220
Number of loans on s h a r e s , .............................................................................. 102
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
2,320 46
Date of examination by commissioner: M ay 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
68
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 .
Incorporated Oct. 2, 1877.
J a m e s H . R ic h a r d s , President.
Commenced business Oct. 8, 1877.
E d w i n C. L e w i s , Secretary and Treasurer.
Names of security committee:
T homas E . W
ard,
E d w i n N . H a in e s ,
Jam es H . R ic h a r d s .
Regular meetings the first Monday of each month.
B
alance
S h e e t Ö o t . 3 1 , 1904.
L ia b il it ie s .
A ss et s .
$559,002 79
Loans on real estate,
42,870 00
Loans on shares. .
278 43
Permanent expense account,
Temporary expense account,
197 28
1,473 91
Real estate by foreclosure,
.
2,500 00
Mortgages,
.
.
.
.
2,703 63
Unpaid interest,
1,889 61
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Fines.............................................
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Rent account,
$610,915 65
$516,554
75,550
3,284
119
3,526
11,819
53
9
00
74
07
02
00
47
25
10
$610,915 65
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
D isbu rse m e n ts .
R e c e ip t s .
$155,548 00
From dues capital,
30,043 49
interest,
914 78
fines,
.
.
.
.
67,102 03
real estate loans'repaid,
real estate loans elimi
nated by maturity of
1,400 00
shares,
34,138 00
share loans repaid,
rent,
.
.
.
.
37 95
34,284 41
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$323,468 66
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
interest on m a t u r e d
shares,
rent,
.
.
.
.
Cash on hand Oct. 31, 1904,
$161,779
43,420
65,831
27,168
10,979
9,875
2,187
84
00
00
00
38
55
48
308 95
28 85
1,889 61
$323,468 66
No. 8.]
SAVINGS BAN K COMMISSIONERS
69
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
Amount.
$247,664
6,300
147,649
91,873
37,145
20,308
36
00
26
52
55
10
on
L o an s
Re a l E s t a t e .
Kate.
Amount.
Kate.
5.00 per cent.
5J
5.25
»
5.50
“
5.75
“
6.00
»
$750
3,100
2,600
812
600
200
6.12 per cent.
6.18
6.25
6.30
“
6.48
“
6.78
“
00
00
00
00
00
00
on
Sh a k e s .
Amount.
$11,432
10,626
10,355
6,538
3,919
00
00
00
00
00
Kate.
5.00 per cent.
5.25
“
5.50
5.75
“
6.0Ó
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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
$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, .
Total,
02
12
55
29
32
60
12
87
84
03
44
06
88
90
12
53
12
89
84
96
25
70
31
08
00
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a te of
I ssue .
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
60
87
90
90
136
46
100
156
66
128
396
259
455
440
653
616
985
778
1,194
625
664
794
1,178
2,835
3,177
$11,881
16,279
15,889
14,966
21,259
6,743
13,712
19,947
7,843
14,083
40,170
24,102
38,620
33,836
45,135
37,902
53,308
36,480
47,568
20,600
17,430
15,641
15,679
20,071
3,177
20
44
50
10
52
60
00
72
44
84
24
54
40
00
36
48
20
42
96
00
00
80
18
80
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid du e s,.
75,550 74
2,336 00
2,110 00
$594,440 74
Total,
Number of shares issued during the y e a r , ....................................... 6,521
Number of shares now in f o r c e , ...........................................................16,008
Number of shares now borrowed u p o n ,................................................. 4,226
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,601
Number of shares matured during the y e a r , ................................................. 185
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2J per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$516,554 00
$594,440 74
70
REPORT OF THE
Number of members withdrawn during the year, .
.
.
.
Present number of members, .....................................................................
Present number of b o r r o w e r s , ...........................................................
Present number of non-borrowers,...........................................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , .....................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r ,...........................................................
[Pub. Doc.
. 279
2,244
. 618
1,626
. 494
. 298
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: January 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000 00
10 00
.
2,237 48
No. 8.]
71
SAYINGS BANK COMMISSIONERS.
E Q U IT Y C O -O P E R A T IV E B A N K — W O R C E ST E R .
Incorporated Feb. 9, 1887.
Commenced business March 17, 1887.
C h a r l e s L . G a t e s , President.
T . J. H a s t in g s , Secretary and Treasurer.
Names of security committee:
E . J. B a r d w e l l ,
D a n ie l P a r l i n ,
U r g e l Ja c q u e s .
Regular meetings the Thursday next preceding the third Monday of each month.
B a la n c e Sh e e t O c t.
81, 1904.
L ia b il it ie s .
A ss e t s .
$446,150 00
Loans on real estate,
11,265 00
Loans on shares, .
162 27
Temporary expense account,
2,238 16
Real estate by foreclosure,
Cash in hands of treasurer, .
7,305 70
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$392,253
64,76«
2,128
169
2,770
4,352
680
00
11
44
06
00
49
03
$467,121 13
$467,121 13
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
$114,014 00
From dues capital,
26,344 28
interest,
835 77
fines,
.
.
.
.
10 00
transfer fees,
87,500 00
real estate loans repaid,
real estate loans elimi1,800 00
nated by foreclosure,
real estate loans eliminated by maturity of
5,800 00
shares,
8,310 00
share loans repaid,
636 42
withdrawal profits,
15 27
forfeiture profits, .
960 54
forfeited shares, .
real estate by foreclos2,743 85
ure, .
.
.
.
773 12
expense account, .
107 92
rent......................................
72 15
profit and loss.
19,201 50
Cash on hand Oct. 31, 1903, .
$171,450 00
For real estate loans, .
8,765 00
share loans, .
43,589 00
dues capital withdrawn,
833 00
dues capital forfeited, .
13,481 00
dues capital retired,
5,382 00
dues capital matured, .
5,650 73
profits capital withdrawn,
149 94
profits capital forfeited, .
4,855 66
profits capital retired, .
2,422 05
profits capital m atured,.
2,128 96
temporary expenses,
351 00
forfeited shares,
interest on retired shares,
450 47
2,310
31
real estate by foreclosure,
Cash on hand Oct. 31, 1904, .
7,305 70
$269,124 82
$269,124 82
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
72
Total Amount o f Loans at Specified Bates o f Interest.
L oans
Amount.
$431,950
10,000
1,450
1,000
on
$150 00
800 00
800 00
6 per cent.
61
“
6i
“
6h
“
on
Sh ar es .
Amount.
Rate.
Amount.
Rate.
00
00
00
00
L o an s
R e a l E st a t e .
6 f ner cent.
6$
n
“
$10,865 00
300 00
100 00
Rate.
6 per cent.
H
“
7|
“
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
$190
178
167
156
145
135
125
115
106
97
88
80
72
64
56
48
41
34
27
20
14
8
2
Dues paid in advance, .
Total,
06
44
13
26
67
46
54
93
61
57
80
31
06
07
29
77
46
38
51
85
38
10
00
Total
Value.
Sept., 1893,
M ar., 1894,
Sept., 1894,
M ar., 1895,
Sept., 1895,
M ar., 1896,
Sept., 1896,
M ar., 1897,
Sept., 1897,
M ar., 1898,
Sept.. 1898,
M ar., 1899,
Sept., 1899,
M ar., 1900,
Sept., 1900,
M ar., 1901.
Sept., 1901,
M ar., 1902,
Sept., 1902,
M ar., 1903,
Sept., 1903,
M ar., 1904,
Sept., 1904,
Shares in
Force.
D a te op
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
27
19
84
74
5
161
72
69
255
513
305
375
580
585
503
728
639
762
594
810
891
1,086
695
$5,131
3,390
14,038
11,563
728
21,809
9,038
7,999
27,185
50,053
27,084
30,116
41,794
37,480
28,313
35,504
26,492
26,197
16,340
16,888
12,812
8,796
1,390
62
36
92
24
35
06
88
17
55
41
00
25
80
95
87
56
94
56
94
50
58
60
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
64,768 11
3,334 00
203 00
$460,355 11
Total,
Number of shares issued during the y e a r , ....................................... 2,119
Number of shares now in f o r c e , ........................................................... 9,832
Number of shares now borrowed u p o n ,................................................. 2,751
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,473
Number of shares forfeited during the year, .
.
.
.
.
.
40
Number of shares retired during the y e a r , ................................................. 107
Number of shares matured during the y e a r , ................................................. 39
Highest rate of premium or interest received on money sold during the y ea r:
6£ per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed • first term, 3 percent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$392,253 00
$460,355 11
No. 8.]
SAYINGS BANK COMMISSIONERS.
73
Number of members withdrawn during the y e a r ,.....................................141
Present number of members, ............................................................................... 1,038
Present number of borrowers,............................................................................246
Present number of non-borrowers,................................................................. 792
Number of loans secured by first mortgage of real estate,
.
.
. 250
Number of loans on s h a r e s , ............................................................................ 49
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,355 84
Date of examination by commissioner : March 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
74
REPORT OF THE
[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 .
Incorporated Sept. 24, 1890.
E d w a r d C. M e a d , President.
Commenced business Oct. 14, 1890.
C h a r l e s E . J e n n in g s , Secretary and Treasurer.
Names of security committee:
G eorge F . F o ste r,
C harles F. W ash b u r n ,
A r t h u r H . W h it t ie r .
Regular meetings the third Monday of each month.
B alance Sh eet Oct.
A ss et s .
Loans on real estate,
Loans on shares,
Temporary expense account,
Real estate by foreclosure,
.
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$80,096
6,015
42
1,774
40
00
33
49
20
11 50
689 05
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
.
$88,628 97
$74,123
11,489
316
38
1,339
1,311
9
00
89
92
12
54
82
68
$88,628 97
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$22,118
4,394
2
127
00
94
10
56
25
6,700 00
7,167 00
78 66
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
real estate by foreclosure,
Cash on hand Oct. 31, 1904,.
$14,800
3,940
12,744
5,760
2.194
2,309
461
120
689
00
00
00
00
90
60
41
28
05
194 39
2,236 34
$43,019 24
$43,019 24
N o, 8.]
75
SAYINGS BANK COMMISSIONERS.
' Total Amount o f Loans at Specified Bates o f Interest.
L oans
on
Loans
R e a l E st a t e .
R a te.
©78,496 40
5.00 per cent.
5.30 per cent.
©1,600 00
S h ar ks .
R a te
A m ou n t.
R a te.
A m o u n t.
A m ou n t.
on
©5,315 00
700 00
5.00 per cent.
6.30
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr ,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
©190
179
168
158
148
138
128
119
110
101
93
84
76
69
61
54
46
39
32
26
19
13
7
1
68
57
77
24
05
18
57
26
25
50
03
83
85
06
48
07
85
81
94
23
69
31
08
00
1
20
30
10
15
31
15
15
41
47
49
95
53
121
50
49
57
113
188
205
169
90
242
102
©190
3,591
5,063
1,582
2,220
4,283
1,928
1,788
4,520
4,770
4,558
8,058
4,073
8,356
3,074
2,649
2,670
4,498
6,192
5,377
3,327
1,197
1,713
102
68
40
10
40
75
58
55
90
25
50
47
85
05
26
00
43
45
53
72
15
61
90
36
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
•
©85,855 89
Total,
Number of shares issued during the y e a r , ................................................. 416
Number of shares now in f o r c e , ...........................................................1,808
Number of shares now borrowed u p o n ,...........................................................523
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 395
Number of shares matured during the year, .
.
.
• _ •
.4 0
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term,
per cent
22
Number of members withdrawn during the year, .
223
Present number of m e m b e r s ,.................................................
55
Present number of borrowers,.................................................
168
Present number of non-borrowers,.......................................
44
Number of loans secured by first mortgage of real estate,
37
Number of loans on s h a r e s , .................................................
Largest loan to any one member, .
.
.
' .
Smallest loan to any one member.................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: January 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
©74,123 00
11,489 89
243 00
66 00
Dues paid in advance, .
Total,
T o ta l
V a lu e .
S h a re s in
F orce.
D a te op
I ssue .
V a lu e p e r
S h are.
S e r ie s .
Reconciliation o f Share Account with Dues and Profits Capital.
©85,855 89
©4,500 00
50 00
461 41
[Pub. Doc.
REPORT OF THE
7(3
P A L L R IV E R C O -O P E R A TIV E B A N K — P A L L R IV E R .
Incorporated Dec. 1, 1888.
Commenced business Dec. 12, 1888.
E r ic W . B o r d e n , President.
G e o r g e 0 . L a t h r o p , Secretary.
R o d o l p h u s N . A l l e n , Treasurer.
Names of security committee :
Claren ce A . B ro w n ,
B radford D . D a v o l,
I ram N . Sm it h .
Regular meetings the second Wednesday of each month.
B alan ce Sh eet Oct.
31, 1904.
L ia b il it ie s .
A ssets.
$361,200 00
Loans on real estate,
6,350 00
Loans on shares, .
111 80
Temporary expense account,
58 37
Real estate by foreclosure, .
18,025 00
Mortgages,
.
.
.
.
62 55
Cash in hands of secretary, .
Cash in hands of treasurer, .
267 55
Dues capital,
Profits capital (all series), .
Interest,
..
F i n e s , .......................................
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Personal accounts,
$319,594
50,283
1,702
76
3,350
10,696
182
190
00
49
62
36
00
45
35
00
$386,075 27
$386,075 27
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
D isbu rse m e n ts .
R e ce ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
forfeited shares, .
personal accounts,
mortgage,
profits capital,
Cash on hand Oct. 31, 1903, .
1
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$97,363
19,737
454
80,850
3,250
182
80
200
00
82
67
00
00
35
00
00
24
61 89
$202,179 97
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
profits capital matured,
temporary expenses,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
personal accounts,
interest repaid,
profit and loss,
Cash on hand Oct. 31, 1904,
$105,650
5,550
70,207
165
2,880
4,330
8,858
19
1,032
1.699
1,300
63
00
00
00
00
00
00
77
85
80
50
16
80
8 37
20 00
64 38
24
330 10
$202,179 97
No. 8.]
77
SAVINGS BAN K COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
L o an s
R eal E sta te .
R a te.
$2,400 00
352,450 00
5.00 per cent.
5.50
“
$5,750 00
600 00
Sh a r e s .
R a te.
A m ou n t.
R a te .
A m ou n t.
A m ou n t.
on
6.00 per cent.
6.60
“
$4,150 00
2,150 00
50 00
5.50 per cent.
6.00
“
6.60
“
M ar.,
Sept.,
M ar.,
Sept.,
Mar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Mar.,
Sept.,
Mar.,
Sept.,
M ar.,
Sept.,
Mar.,
Sept.,
M ar.,
Sept.,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
34
25
26
27
28
29
30
31
32
33
$191
180
169
159
149
139
129
120
111
102
94
85
77
70
62
55
47
40
33
27
20
14
8
2
Dues paid in advance, .
Total,
12
15
49
11
07
27
78
55
54
78
25
98
94
13
53
12
89
84
96
25
70
31
08
00
30
38
86
35
107
166
212
129
246
143
161
146
304
246
306
401
257
466
471
568
1,133
652
1,041
838
V a lu e .
Total
S h a r e s in
F orce.
D a te or
I ssue .
V a lu e p e r
S h are.
S e r ie s .
Reconciliation o f Share Account with Dues and Profits Capital
$5,733
6,845
14,576
5,568
15,950
23,118
27,513
15,550
27,438
14,697
15,174
12,553
23,693
17,251
19,134
22,103
12,307
19,031
15,995
15,478
23,453
9,330
8,411
1,676
60
70
14
85
49
82
36
95
84
54
25
08
76
98
18
12
73
44
16
00
10
12
28
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid du es,.
50,283 49
2,899 00
‘
189 00
$372,776 49
Total,
Number of shares issued during the y e a r , ....................................... 2,202
Number of shares now in force,
.
.
.
•
•
•
8,182
Number of shares now borrowed u p o n ,................................................. 2,126
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
2,224
Number of shares forfeited during the y e a r ,................................................. 10
Number of shares retired during the y e a r , ................................................. 20
Number of shares matured during the y e a r ,................................................. 30
Highest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Lowest rate of premium or interest received on money sold during the year :
5£ per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$319,594 00
$372,776 49
78
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 241
Present number of m e m b e r s ,.................................................................................. 885
Present number of borrowers.....................................................................................241
Present number of non-borrowers,........................................................................ 644
Number of loans secured by first mortgage of real estate,
.
.
. 222
Number of loans on s h a r e s , .................................................................................... 34
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one member..................................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : September 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
1,300 16
No. 8.]
SAYINGS B A N K COMMISSIONERS.
FEDERAL
C O -O P E R A TIV E
Incorporated .Tan. 29, 1890.
D a v id L. W
h it e ,
President.
W
79
B A N K — BOSTON.
Commenced business Feb. 6,1890.
il l i a m
W
ard w e ll,
Secretary and Treasurer.
Names of security committee:
F . G. P r a t t ,
L. W . B lan ch ar d ,
F r a n c is G. W a s h b u r n ,
A . C . M cD o n a l d .
Regular meetings the first Thursday of each month.
Ba la n c e Sh e e t O c t .
A sset s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
.
Mortgages,
.
.
.
.
Unpaid interest,
Unpaid fines.................................
Cash in hands of treasurer, .
31, 1904.
•
$62,423
5,345
2,496
2,700
324
22
3,628
00
00
09
00
90
13
86
L ia b il it ie s .
Dues capi tal , .
.
.
.
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
Rent account,
.
$76,939 98
$65,356
10,971
447
152
12
00
13
59
91
35
$76,939 98
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e ceipts .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeited shares, .
real estate by foreclosure, .
.
.
.
rent account,
profits capital,
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n t s .
$19,449
3,611
85
14,945
00
63
73
00
2,400
3,585
131
57
00
00
73
63
3,920
222
21
2,279
1,824
08
35
51
91
96
$52,534 53
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
interest repaid,
real estate by foreclosure,
matured share account,
mortgages.
fines returned,
withdrawal profits returned,
guaranty fund,
Cash on band Oct. 31,1904,
$17,550
2,745
13,808
60
3,822
2,243
3
1,397
528
57
00
00
00
00
00
00
00
50
64
63
17
16
2,706
201
2,861
13
67
09
51
00
36
3 94
884 20
3,628 86
$52,534 53
80
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
A m o u n t.
$62,423 00
on
R a te .
Re al E s t a t e .
L oans
A m ou n t.
E a te.
-
-
5 per cent.
on
S h ak es .
A m ou n t.
$3,235 00
2,110 00
E a te.
5 per cent.
6
6
7
8
9
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
$199
188
177
167
152
142
133
124
115
106
98
90
82
74
67
59
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
•
84
80
94
77
57
92
50
54
51
90
55
46
51
76
14
73
47
39
49
73
08
59
26
07
T ota l
V a lu e .
1892, .
1893, .
1893,.
1894, .
1894, .
1895, .
1895, .
1896, .
1896, .
1897, .
1897, .
1898, .
1898, .
1899, .
1899, .
1900, .
1900, .
1901, .
1901, .
1902, .
1902, .
1903, .
1903, .
1904, .
S h a r e s in
F orce.
A u g .,
Feb.,
Aug.,
Feb.,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
Nov ,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
V a lu e p e r
S h a re.
D a te ok
I ssue .
S e rie s .
Reconciliation o f Share Account with Dues and Profits Capital.
28
42
5
17
7
23
2
51
28
13
7
57
51
27
88
85
32
33
136
129
70
131
169
529
$5,595
7,929
889
2,852
1,067
3,287
267
6,351
3,234
1,389
689
5,156
4,208
2,018
5,908
5,077
1,679
1,497
5,234
4,093
1,755
2,435
2,071
3,211
52
60
70
09
99
16
00
54
28
70
85
22
01
52
32
05
04
87
64
17
60
29
94
03
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
10,971 13
1,609 00
35 00
$77,936 13
Total,
Number of shares issued during the y e a r , ................................................. 790
Number of shares now in force,
.
.
.
.
.
.
.
1,760
Number of shares now borrowed u p o n ,...........................................................441
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 346
Number of shares forfeited during the y e a r ,................................................. 12
Number of shares matured during the y e a r ,................................................. 26
Highest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 1£ per cent.; second term, 24 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$65,356 00
$77,936313
No. 8.]
SAYINGS BANK COMMISSIONERS.
Number of members withdrawn during the year, .
Present number of members, .
Present number of borrowers,.
.
.
.
.
68
. 276
.
46
. 230
Present number of non-borrowers, .
Number of loans secured by first mortgage of real estate,
.
37
Number of loans on shares,
.
15
Largest loan to any one member, .
Smallest loan to any one member, .
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : December 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
81
$4,000 00
50 00
528 64
[Pub. Doc.
REPORT OF THE
82
F ID E L IT Y
C O -O P E R A T IV E
Incorporated April 25, 1888.
B A N K — F IT C H B U R G .
Commenced business M ay 8, 1888.
G e o r g e E . C l i f f o r d , President.
W . G . H a y e s , Secretary and Treasurer.
Names of security committee:
H . G . M o rse,
A. W
e l l in g t o n ,
H . M . F r a n c is .
Regular meetings the second Tuesday of each month.
Balance Sh eet Oct.
31, 1904.
L ia b il it ie s .
A ss e t s .
$789,355 00
Loans on real estate,
56,330 00
Loans on shares, .
300 00
Permanent expense account,.
106 25
Temporary expense account,
7,223 02
Real estate by foreclosure,
796 00
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Personal accounts,
$711,281
134,828
2,372
274
9
192
3,540
1,292
142
176
00
14
41
41
50
70
00
59
75
77
$854,110 27
$854,110 27
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1 904.
D isbu rsem en ts .
R e c e ip t s .
$161,724 00
From dues capital,.
41,183 00
interest,
1,041 87
fines,
.
.
.
.
29 50
transfer fees,
170,610 00
real estate loans repaid,
real estate loans elimi11,700 00
nated by foreclosure,
real estate loans eliminated by maturity of
7,200 00
shares,
40,270 00
share loans repaid,
476 37
withdrawal profits,
3 98
forfeiture profits, .
real estate by foreclos3,188 33
ure, .
.
.
.
263 43
personal accounts,
169 72
profit and loss account,
24 44
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$437,884 64
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital m atured,.
temporary expenses,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$275,280
47,080
48,563
476
34,671
4,761
40
14,076
1,727
00
00
00
00
00
91
81
85
72
10,411 35
796 00
$437,884 64
No. 8.]
83
SAYINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
$754,855 00
on
L o an s
R e al E st a t e .
$34,500 00
5 per cent.
S h ar es .
Kate.
Amount.
Kate.
Amount.
Kate.
on
$56,330 00
6 per cent.
5 per cent.
$192
181
170
159
149
139
130
120
111
102
94
86
78
70
62
55
47
40
33
27
20
14
8
2
18
04
23
72
53
65
05
72
67
89
36
08
04
22
60
18
94
88
99
27
72
33
09
00
Dues paid in advance, .
Total,
126
116
145
276
487
381
520
429
646
329
430
291
929
407
720
509
476
559
875
628
1,086
1,224
1,323
980
T ota l
V a lu e .
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
S h a r e s in
F orce.
M ar., 1893, .
Sept., 1893, .
M ar., 1894, .
Sept., 1894, .
M ar., 1895, .
Sept., 1895, .
M ar., 1896, .
Sept., 1896, .
M ar., 1897, .
Sept., 1897, .
M ar., 1898, .
Sept., 1898, .
M ar., 1899, .
Sept., 1899, .
M ar.. 1900, .
Sept., 1900, .
M ar., 1901, .
Sept., 1901, .
Mar , 1902, .
Sept., 1902, .
M ar., 1903, .
Sept., 1903, .
M ar., 1904, .
Sept., 1904, .
V a lu e p e r
S h a re .
D a t h of
I ssue .
S e r ie s .
Reconciliation o f Share Account with Dues and Profits Capital.
$24,214
21,000
24,683
44,082
72,821
53,206
67,626
51,788
72,138
33,850
40,574
25,049
72,499
28,579
45,072
28,086
22,819
22,851
29,741
17,125
22,501
17,539
10,703
1,960
68
64
35
72
11
65
00
88
82
81
80
28
16
54
00
62
44
92
25
56
92
92
07
00
Dues capital as per general ledger,
Profits capital as per
general ledger, .
Unpaid dues,
134,828 14
6,263 00
1,854 00
$852,372 14
Total,
2,961
Number of shares issued during the year,
13,892
Number of shares now in force......................................
5,499
Number of shares now borrowed upon, .
.
25
Largest number of shares held by any one member,
1,832
Number of shares withdrawn during the year,
.
38
Number of shares forfeited during the year, .
. 243
Number of shares matured during the year, .
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2J per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$711,281 00
$852,372 14
84
[Pub. Doc.
REPORT OF THE
Number of members withdrawn during the year, .
.
.
.
.
228
Present number of m e m b e r s ,............................................................................... 1,457
Present number of b o r r o w e r s , ......................................................................... 615
Present number of non-borrow ers,.........................................................................842
Number of loans secured by first mortgage of real estate,
.
.
. 538
Number of loans on s h a r e s , .................................................................................. 232
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
5 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,827 72
Date of examination by commissioner : March 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
85
SAYINGS BANK COMMISSIONERS.
F IT C H B U R G CO -O PER ATIVE B A N K — F ITC H B U R G .
Incorporated Oct. 27, 1877.
W
il b u r
B. T e n n e y , President.
Commenced business Nov. 8, 1877.
F r e d e r ic k A . C u r r i e r , Secretary and Treasurer.
Names of security committee:
M a r t in W
ebber,
D a v id M . D il l o n ,
N a t h a n ie l V
ar n e y '.
Regular meetings the third Thursday of each month. .
B alan ce S h ee t O ct.
Lia b il it ie s .
A ss et s .
Loans on real estate, .
Loans on shares,
Real estate by foreclosure, .
Mortgages, .
.
.
.
Unpaid dues,
Unpaid interest, .
Unpaid fines,
Cash in hands of treasurer,.
31 , 1904 .
$889,850
41,980
9,704
9,400
9,002
7,317
306
33,486
00
00
19
00
00
94
09
82
Dues capital,
Profits capital (all series), .
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Personal accounts,
Incomplete loans,
Advanced dues, .
$839,358
146,153
6,450
2,513
760
882
2,950
1,979
00
75
00
17
42
70
00
00
$1,001,047 04
$1,001,047 04
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R ece ip t s .
Disbu r se m e n t s .
$218,010 00
From dues capital,
45,896 07
interest,
1,002 74
fines,
.
.
.
.
transfer fees,
8 25
real estate loans repaid,
188,425 00
real estate loans eliminated by maturity of
9,500 00
shares,
38,170 00
share loans repaid,
withdrawal profits,
677 40
49 35
forfeiture profits, .
382
88
forfeited shares, .
real estate by foreclos235 82
ure, .
.
.
.
7,042 91
personal accounts,
12,850 00
incomplete loans,
400 00
mortgages. .
Cash on hand Oct. 31, 1903, .
608 98
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$523,259 40
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured, .
temporary expenses,
forfeited shares,
interest on retired shares.
real estate by foreclosure,
.
.
.
.
personal accounts,.
retired share account, .
incomplete loans,
Cash on hand Oct. 31,1904, .
$267,400
39,680
79,304
7,679
26,398
21,312
6,926
495
9,519
8,501
2,462
208
776
00
00
00
00
00
00
08
44
14
06
89
12
63
307
6,113
89
12,600
33,486
30
69
23
00
82
$523,259 40
REPORT OF THE
86
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
Rate.
$867,300 00
R eal E st a t e .
L o an s
Amount.
5 per cent.
Rate.
$22,550 00
on
Amount.
6 per cent.
$41,980 00
S h ar es .
Rate.
5 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
$200
188
177
167
156
146
136
127
118
109
100
92
83
75
68
60
53
45
38
31
25
18
12
6
25
90
84
17
75
71
88
37
16
20
51
03
83
85
07
48
07
85
80
94
23
69
31
08
T ota l
V a lu e .
N ov.,
M ay,
N ov .,
M av,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
S h a r e s in
F orce.
D a t e of
I ssue .
V a lu e p e r
S h a re .
S e r ie s .
Reconciliation o f Share Account with Dues and Profits Capital.
5
119
104
177
194
396
425
342
498
720
626
504
815
750
893
682
781
962
972
1,141
1,245
1,486
1,665
1,694
$1,001
22,479
18,495
29,589
30,409
58,097
58,174
43,560
58,843
78,624
62,919
46,383
68,321
56,887
60,786
41,247
41,447
44,107
37,713
36,443
31,411
27,773
20,496
10,299
25
L0
36
09
50
16
00
54
68
00
26
12
45
50
51
36
67
70
60
54
35
34
15
52
T o t a l , ........................................ $985,511 75
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Total,
$839,358 00
146,153 75
$985,511 75
Number of shares issued during the y e a r , ........................................3,846
Number of shares nowin f o r c e , ........................................................... 17,196
Number of shares now borrowed u p o n ,................................................. 5,490
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
1
2,799
Number of shares forfeited during the y e a r ,................................................. 250
Number of shares retired during the y e a r , ................................................. 184
Number of shares matured during the y e a r ,................................................. 148
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during tne y ea r:
5 per cent.
Rate of profits distributed : first term, 2^ per cent.; second term, 2^ per cent.
Number of members withdrawn during the y e a r ,....................................... 192
Present number of m e m b e r s ,...............................................................................2,316
Present number of b o r r o w e r s , .........................................................................815
Present number of non-borrow ers,..................................................................... 1,501
Number of loans secured by first mortgage of real estate,
.
.
. 702
Number of loans on s h a r e s , ...................................................................................194
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r,...............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
2,462 89
Date of examination by commissioner: April 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS B A N K COMMISSIONERS.
87
P O XB O R O Ü G H C O -O P E R A T IV E B A N K — F O XB O R O U G H .
Incorporated Feb. 25, 1889.
A . F . B e m is , President.
Commenced business March 19, 1889.
F r e d e r i c k S. L a n e , Secretary and Treasurer.
Names of security committee :
H. E . N ew ton,
Charles H . H artsh o rn .
F o rrest B asse tt,
Ja m e s A . M o r s e ,
Regular meetings the third Wednesday of each month.
B alance
Sh e e t O c t .
A ssets .
31, 1901.
L i a b il it ie s .
Loans on real estate,
$163,450 00
Loans on shares, .
7,790 00
Temporary expense account,
187 30
Real estate by foreclosure,
5,648 08
Mortgages,
.
.
.
.
6,900 00
Real estate expense account,
23 11
Profit and loss,
250 00
Cash in hands of treasurer, .
129 09
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
$184,377 58
$147,178
30,808
1,020
88
21
00
80
30
40
12
25
182 54
963 00
4,115 17
$184,377 58
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R eceipts
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
profits capital,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$38,161
9,946
865
447
3
30,750
00
95
05
98
75
00
5,200
5,085
851
1
00
00
00
30
5,000 00
2 80
141 58
$96,456 41
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
real estate expense account, .
.
.
.
mortgages,
profit and loss,
interest account,
Cash on hand Oct. 31, 1904,
$40,700
3,990
23,073
13
9,539
3,947
1
3,950
998
427
161
3,400
00
00
00
00
00
64
30
15
00
29
52
00
219
5,400
500
7
129
42
00
00
00
09
$96,456 41
88
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
Lo an s
on
R e al E s t a t e .
L oans
A m ou n t.
R a te.
A m ou n t.
R ate.
$74,600 00
6.30 per cent.
$88,850 00
6.6 0 per cent.
on
A m ou n t.
$ 2 ,2 9 5
5 ,4 9 5
00
00
S h ar es .
R a te .
6.30 per cent.
6.60
$193
181
169
158
147
137
127
117
107
98
89
80
72
64
56
48
41
34
27
20
14
8
2
Dues paid in advance, .
Total,
02
12
61
45
64
17
03
21
69
47
55
90
53
43
57
97
6L
47
56
86
38
10
00
T ota l
V a lu e .
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
S h a re s in
F orce.
Sept., 1893, .
Mar , 1894, .
Sept., 1894, .
M ar., 1895, .
Sept., 1895, .
M ar., 1896, .
S e p t, 1896, .
M ar., 1897, .
Sept., 1897, .
M ar., 1898, .
Sept., 1898, .
M ar., 1899, .
Sept., 1899, .
M ar., 1900, .
Sept., 1900,.
M ar., 1901, .
Sept., 1901, .
Mar., 1902, .
Sept , 1902, .
M ar., 1903, .
Sept., 1903, .
M ar., 1904, .
Sept., 1904, .
V a lu e p e r
S h a re .
D a te of
I ssue.
S e r ie s .
Reconciliation o f Share Account with Dues and Profits Capital.
11
6
51
93
74
69
52
132
115
120
69
95
155
115
148
176
203
274
203
300
207
327
371
$2,123
1,086
8,650
14,735
10,925
9,464
6,605
15,471
12,384
11,816
6,178
7,685
11,242
7,409
8,372
8,618
8,446
9,444
5,594
6,258
2,976
2,648
742
22
72
11
85
36
73
56
72
35
40
95
50
15
45
36
72
83
78
68
00
66
70
00
Dues capital, as per generai ledger..
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$147,178 00
30,808 80
1,018 00
122 00
$179,004 80
Total,
$179,004 80
Number of shares issued during the year..........................................................775
Number of shares now in f o r c e , ........................................................... 3,366
Number of shares now borrowed u p o n ,..........................................................998
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the y e a r , ........................................673
Number of shares forfeited during the y e a r ,................................................. 13
Number of shares retired during the y e a r , ................................................. 85
Highest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................62
Present number of m e m b e r s ,...................................................................................551
Present number of borrow ers,...................................................................................189
Present number of non-borrow ers,.........................................................................362
Number of loans secured by first mortgage of real estate,
.
.
. 164
Number of loans on shares,
25
Largest loan to any one m e m b e r ,...............................................................................$4,500 00
Smallest loan to any one m e m b e r ,..............................................................................
15 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
998 00
Date of examination by commissioner: January 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAVINGS BANK COMMISSIONERS.
89
G A R D N E R C O -O P E R A TIV E B A N K — G A R D N E R .
Incorporated Jan. 14, 1889.
Louis A . G r e e n w o o d , President.
Commenced business March 12, 1889.
H a r r is o n G r e e n w o o d , Secretary and Treasurer.
Names of security committee:
J onas R . D a v i s ,
H o se a C a r t e r , Jr.,
H en ry G. P ollard .
Regular meetings the second Tuesday of each month.
Balance
S h e e t O c t . 31 , 1904 .
A sset s .
L ia b il it ie s .
Loans on real estate,
$151,113 08
Loans on shares, .
4,395 00
Temporary expense account,
283 23
Mortgages,
.
.
.
.
5,873 32
Unpaid interest,
1,475 00
Unpaid premiums,
36 96
Unpaid fines, .
.
.
.
97 94
Insurance,
.
.
.
.
7 80
Taxes,
.
.
.
.
182 50
Cash in hands of treasurer, .
18,074 19
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$181,539 02
$149,302
28,563
1,519
35
62
74
961
998
20
00
94
19
75
49
21
88
68
88
$181,539 02
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans elimi
nated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$41,154
9,456
215
343
00
24
42
01
75
28,600 00
700
4,990
198
2
6
2,619
9,242
00
00
90
01
14
11
27
$97,527 85
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital matured,
temporary expenses,
interest on m a t u r e d
shares,
mortgages,
surplus, .
.
.
.
Cash on hand Oct. 31, 1904, .
$36,300
1,745
13,131
221
16,563
1,988
20
6,720
1,006
00
00
00
00
00
38
06
22
44
457
1,100
200
18,074
59
97
00
19
$97,527 85
[Pub. Doc
REPORT OF THE
90
Total Amount o f Loans at ¡Specified Rates o f Interest.
L o an s
08
00
00
00
L oans
He a l E s t a t e .
A m ou n t.
R a te .
6.12 per cent.
6.24
“
6.36
<•
6.48
“
$800
500
1,000
500
6.60 per cent.
6.72
“
6.84
“
7.08
“
00
00
00
00
on
S h ar es .
R a te .
A m ou n t.
R a te .
A m ou n t.
$142,863
1,900
2,450
1,100
on
$4,395 00
6.12 per cent.
M ar.,
Sept.,
M ar.,
Sept,,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$197
186
174
164
153
143
133
123
114
105
96
87
79
71
63
56
48
41
34
27
20
14
8
2
Dues paid in advance, .
Total,
68
15
96
10
56
35
39
75
36
28
47
90
57
49
65
00
56
33
29
46
81
36
09
00
37
20
60
8
87
32
163
47
59
74
94
37
87
80
113
222
249
153
270
274
342
381
539
321
T o ta l
V a lu e
S h a r e s in
F orce.
D a te o r
I ssue .
V a lu e p e r
S h are.
S e r ie s .
Reconciliation o f Share Account with Dues and Profits Capital.
$7,314
3,723
10,497
1,312
13,359
4,587
21,742
5,816
6,747
7,790
9,068
3,252
6,922
5,719
7,192
12,432
12,091
6,323
9,258
7,524
7,117
5,471
4,360
642
16
00
60
80
72
20
57
25
24
72
18
30
59
20
45
00
44
49
30
04
02
16
51
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
28,563 94
2,487 00
87 00
$180,352 94
Total,
Number of shares issued during the y e a r , ................................................. 990
Number of shares now in f o r c e , ..................................................................... 3,749
Number of shares now borrowed u p o n ,............................................................... 874
Largest number of shares held by any one member.....................................25
Number of shares withdrawn during the y e a r , ........................................... 465
Number of shares forfeited during the y e a r ,................................................ . 9
Number of shares matured during the y e a r , ..................................................... 116
Highest rate of premium or interest received on money sold during the y e a r:
1 cent premium.
Lowest rate of premium or interest received on money sold during the y e a r:
1 cent premium.
Rate of profits distributed : first term, 3 per cen t.; second term, 2| per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$149,302 00
$180,352 94
No. 8.]
SAVINGS BAN K COMMISSIONERS.
91
Present number of borrowers,....................................................................
Present number of non-borrowers,...........................................................
Number of loans secured by first mortgage of real estate,
.
74
. 593
. 157
. 436
. 169
Number of loans on s h a r e s , ....................................................................
.
Number of members withdrawn during the year.................................
Present number of m e m b e r s ,....................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : October 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
34
.
$4,800 00
20 00
1,006 44
[Pub. Doc
REPORT OF THE
92
GERM AH I A C O -O P E R A T IV E B A N K — BOSTON.
Incorporated Oct. 3, 1885.
H enry W
e s s l in g ,
Commenced business Oct. 20, 1885.
President.
A n d r e w M . D o r r , Secretary.
M a r t in H a s e n f u s s , Treasurer.
Names of security committee :
J o h n P. G e i s h e c k e r ,
N ic h o l a s S c h a a f ,
J o h n J. S t e p h a n ,
H e n r y W e s s l in g ,
A ndrew M . D orr.
Regular meetings the Wednesday after the third Tuesday of each month.
Balance
S heet Oct.
81, 1904.
L ia b il it ie s .
A ss e t s .
$263,350 00
Loans on real estate,
8,750 00
Loans on shares, .
Temporary expense account,
216 75
6,266 82
Real estate by foreclosure, .
138 30
Insurance and taxes paid,
35 88
Cash in hands of secretary, .
Cash in hands of treasurer, .
6,389 74
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Forfeiture profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Suspense account,
$241,195
35,606
1,283
50
111
2,869
3,899
111
20
00
20
72
55
37
12
12
66
44
31
$285,147 49
$285,147 49
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rsem en ts .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans elim
inated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclos
ure, .
.
.
.
insurance and taxes, .
town note, .
profit and loss,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$65,262
13,280
408
1
40,650
00
84
48
00
00
4,800 00
4,100
3,600
347
13
22
00
00
08
05
00
1,489
86
10,000
8
6,564
82
15
00
40
16
$150,632 98
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital matured,
temporary expenses,
interest on retired shares,
real estate by foreclosure,
insurance and taxes,
Cash on hand Oct. 31, 1904,
$77,600
7,000
23,331
630
18,453
3,124
1,409
31
4,743
1,133
1,738
89
4,735
188
6,425
00
00
00
00
00
00
27
53
55
96
30
45
15
15
62
$150,632 98
No. 8.]
93
SAYINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
R a te.
A m ou n t.
$258,250 00
1,800 00
on
5 per cent.
54
“
L oans
R e al E s t a t e .
$3,300 00
Sh a r e s .
R a te.
A m ou n t.
R a te.
A m ou n t.
on
5£ per cent.
$2,500 00
6,250 00
5 per cent.
5£
“
Oct.,
Apr.,
Oct..
Apr.,
Oct.,
Apr ,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Anr.,
Oct.,
Apr..
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
1892, .
1893, .
1893, .
1894, .
1894, .
1895, .
1895, .
1896, .
1896, .
1897, •
1897, .
1898, .
1898, .
1899, .
1899, .
1900, .
1900, .
1901, .
1901,.
1902, .
1902, .
1903, .
1903, .
1904, .
1904, .
$193 02
182 24
171 77
161 61
151 81
142 29
133 02
124 03
115 29
106 83
98 56
90 53
82 66
74 98
67 52
60 22
53 10
46 12
39 28
32 59
26 02
19 58
13 26
7 07
1 00
Dues paid in advance, .
Total,
67
68
18
54
94
86
136
117
88
108
76
100
194
208
273
197
279
215
330
376
444
440
597
547
568
Total
Value.
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
Shares in
Force.
Value per
Share.
L a te of
I ssue.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$12,932
12,392
3,091
8,726
14,270
12,236
18,090
14,511
10,145
11,537
7,490
9,053
16,036
15,595
18,432
11,863
14,814
9,915
12,962
12,253
11,552
8,615
7.916
3,867
568
34
32
86
94
14
94
72
51
52
64
56
00
04
84
96
34
90
80
40
84
88
20
22
29
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
35,606 20
2,152 00
79 00
Total,
$278,953_ 20
1
Number of shares issued during the y e a r , ....................................... 1,427
Number of shares now in f o r c e , ...........................................................5,680
Number of shares now borrowed u p o n ,................................................. 1,689
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,095
Number of shares forfeited during the y e a r ,................................................. 29
Number of shares retired during the y e a r , ................................................. 168
Number of shares matured during the year, .
.
.
.
.
.
21
Highest rate of premium or interest received on money sold during the y e a r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y e a r.
5 per cent.
Rate of profits distributed: first, term, 2 per cent.; second term : 2 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$241,195 00
$278,953 20
94
REPORT OF THE
[Pub. Doc.
Number of mémbers withdrawn during the y e a r ,....................................... 146
Present number of members...................................................................................... 729
Present number of borrowers,.................................................................................. 172
Present number of non-borrowers,........................................................................ 557
Number of loans secured by first mortgage of real estate,
.
.
. 170
Number of loans on s h a r e s , .................................................................................... 39
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,738 30
Date of examination by commissioner: December 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Ko. 8.]
95
SAVINGS BANK COMMISSIONERS.
G L O U C ESTER C O -O P E R A T IV E B A N K — GLOUCESTER.
Incorporated March 2, 1887.
Commenced business April 14, 1887.
A sa G. A n d r e w s , President.
E v e r e t t L a n e , Secretary and Treasurer.
Names of security committee:
W il l ia m G . B r o w n ,
C h a r l e s F. L a n e ,
S a m u e l C u r t is , J r.,
F r e d e r ic k L a n e ,
A dam P . Sto dd ar t.
Regular meetings the second Thursday of each month.
B
alance
S h e e t O c t . 31 , 1904 .
A ss e t s .
L ia b il it ie s .
$264,450 00
Loans on real estate,
Dues capital,
Loans on shares, .
18,850 00
Profits capital (all series), .
650 00
Permanent expense account,.
Interest,
.
.
.
.
Temporary expense account,.
155 41 i Premiums, .
.
.
.
2,232 15
Real estate by foreclosure, .
F i n e s , .......................................
2,312 50
Unpaid interest,
Transfer fees,
123 35
Unpaid prem ium s,.
Withdrawal profits,
164 68
Guaranty fund,
Unpaid tines, .
.
.
.
6 25
Insurance account,
Surplus,
.
.
.
.
T ax account, .
.
.
.
36 85
Forfeited share account,
11,588 86
Cash in hands of treasurer, .
$300,570 05
$236,200
58,354
1,788
97
61
168
3,068
822
7
00
97
50
70
26
50
00
77
70
65
$300,570 05
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
Receipts.
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate bv foreclosure, .
.
.
.
taxes, .
.
.
.
insurance,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Disbuksements.
$53,182
17,703
951
500
5
16,900
00
92
21
69
00
00
600 00
14,450
13,200
549
3
00
00
29
57
810
172
109
24,136
88
38
70
71
$143,275 35
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital matured,
temporary expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
taxes,
.
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$56,000
6,150
10,911
96
37,365
2,198
14
15,862
1,721
00
00
00
00
00
51
22
44
69
524
754
88
11,588
70
73
20
86
$143,275 35
[Pub. Hoc.
REPORT OF THE
96
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
A m ou n t.
R a te.
A m ou n t.
$257,250 00
4,800 00
L oans
R e al E s t a t e .
6.3 0 per cent.
6.60
“
R a te .
1,000 00
1,400 00
6.90 per cent
7.50
“
on
Sh a b e s .
A m ou n t.
R a te.
$16,350 00
1,400 00
1,100 00
6.30 per cent.
6.60
“
7.20
“
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
$198
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, .
Total,
•
88
21
90
90
21
82
72
95
44
21
26
56
11
91
96
24
74
45
37
61
85
38
10
00
T ota l
V a lu e .
j
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
S h a r e s in
F orce,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
V a lu e p e r
S h a re .
S e r ie s .
D xte of
Issue.
1
Reconciliation o f Share Account with Rues and Profits Capital.
159
111
113
104
92
56
160
142
161
104
74
102
130
172
236
176
221
261
272
278
375
421
413
311
$31,621
20,780
19,876
17,149
14,187
8,053
21,395
17,600
18,424
10,941
7,123
8,931
10,284
12,196
14,858
9,722
10,550
10,557
9 076
7,369
7,443
5,632
2,932
311
92
31
70
60
32
92
20
90
84
84
24
12
30
52
56
24
54
45
64
78
75
98
30
00
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
58,354 97
2,824 00
356 00
$297,378 97
Total,
Number of shares issued during the y e a r , ...................................................... 870
Number of shares now in f o r c e , ......................................................................4,644
Number of shares now borrowed u p o n ,............................................................ 1,637
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ............................................ 229
Number of shares forfeited during the y e a r ,.......................................................... 3
Number of shares matured during the y e a r ,..................................................... 265
Highest rate of premium or interest received on money sold during the year:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$236,200 00
'$297,378 97
No. 8.]
SAYINGS BAN K COMMISSIONERS.
97
Number of members withdrawn during the year.......................................... 82
Present number of m e m b e r s,...................................................................................847
Present number of b o r r o w e r s , ......................................................................... 297
Present number of non-borrowers,......................................................................... 550
Number of loans secured by first mortgage of real estate, .
.
. 302
Number of loans on shares,
.
.
.
.
.
.
.
.
.
69
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one member, ...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,772 71
Date of examination by commissioner : March 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
98
G R A F TO N C O -O P E R A T IV E B A N K — GR AFTO N .
Incorporated Oct. 19, 1887.
E l l s w o r t h E . H o w e , President.
Commenced business Nov. 10, 1887.
J o se p h A . D o d g e , Secretary and Treasurer.
Names of security committee :
J o h n E . M c Cl e l l a n ,
Ol iv e r M . W
A l b e r t L . F is h e r ,
in g .
Regular meetings the second Thursday of each month.
Balan c e S heet Oct.
L ia b il it ie s .
A ss et s .
Loans on real estate,
Loans on shares, .
Unpaid interest,
Cash in hands of treasurer,
31, 1904.
.
$69,407
5,926
169
2,016
00
00
75
79
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
.
$77,519 54
$63,012
11,262
1,250
1,994
00
85
00
69
$77,519 54
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e ce ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
membership fe e s,.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$19,990
4,681
55
19,099
00
08
78
00
3,000
2,527
133
90
393
00
00
90
30
08
$49,970 14
For real estate loans, .
share loans. .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured,
temporary expenses,
interest on m a tu r e d
shares,
Cash on hand Oct. 31, 1904,
$27,590
3,483
8.018
4,902
1,327
2,129
481
00
00
00
00
81
95
22
21 37
2,016 79
$49,970 14
No. 8.]
SAYINGS BANK COMMISSIONERS.
99
Total Amount o f Loans at Specified Rates of Interest.
L o an s
Amount.
on
Rate.
R e a l E st a t e .
Amount.
Rate.
Amount.
-
-
$5,926 00
6£ per cent.
$69,407 00
L o an s
on
Sh a k e s .
Rate.
7 per cent.
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
Nov ,
M ay,
N ov .,
M ay,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
$198
186
175
163
153
142
132
122
113
104
95
86
78
69
61
54
46
39
32
25
18
12
6
47
57
05
95
23
73
65
88
28
04
18
46
02
86
90
18
68
42
36
52
84
38
10
T ota l
V a lu e .
of
I ssu e.
S h a r e s in
F orce.
ate
S e r ie s .
D
V a lu e p e r
S h are.
Reconciliation o f Share Account with Dues and Profits Capital.
7
10
7
42
15
8
16
$1,389
1,865
1,225
6,885
2,298
1,141
2,122
983
3,624
3,537
475
2,075
4,525
7,055
5,942
7,260
3,174
4,730
2,944
3,266
3,089
2,624
2,305
8
32
34
5
24
58
101
96
134
68
120
91
128
164
212
378
T o t a l , ........................................
29
70
35
90
45
84
40
04
96
36
90
04
16
86
40
12
24
40
76
56
76
56
80
$74,544 85
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$63,012 00
11,262 85
270 00
I
Total,
$74,544 85
Number of shares issued during the y e a r , ....................................... . 619
Number of shares now in force................................................................... 1,758
Number of shares now borrowed u p o n ,.......................................................... 543
Largest number of shares held by any one member,
.
. •
.2 5
Number of shares withdrawn during the y e a r , ....................................... 270
Number of shares matured during the y e a r ,................................................. 35
Highest rate of premium or interest received on money sold during the y ea r:
7 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6^ per cent.
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 51
Present number of m e m b e rs,...................................................................................275
Present number of borrowers,.................................................................................... 88
Present number of non-borrowers............................................................................187
Number of loans secured by first mortgage of real estate,
.
.
.
80
Number of loans on s h a r e s , .................................................................................... 38
Largest loan to any one m e m b e r ,...............................................................................$4,400 00
Smallest loan to any one m e m b e r,...............................................................................
12 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
481 22
Date of examination by commissioner : July 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
100
REPORT OF THE
[Pub. Doc.
G R O VE L AN D C O -O P E R A T IV E B A N K — G R O VE L A N D .
Incorporated N ov. 4, 1895.
Commenced business N ov. 19, 1895.
E d w a r d H . P a r k e r , President.
G e o r g e M i t c h e l l , J r ., Secretary and Treasurer.
Names of security committee :
E d w in H . G e o rg e,
A llen G. T w o m b l t ,
H ar ry W . V aughan.
Regular meetings the third Tuesday of each month.
Balance
Sh e e t O c t .
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Unpaid interest,
Unpaid fines, .
.
.
.
Town note,
.
.
.
.
Bond premium,
Cash in hands of treasurer, .
31, 1904.
Lia b il it ie s .
$40,050
2,515
185
94
5
2,400
24
1,698
00
00
00
80
32
00
00
60
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$46,972 72
$40,148
6,689
105
29
00
37
68
67
$46,972 72
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
.
. • .
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n t s .
$11,811 00
2,167 89
40
91 88
25
2,250 00
650 00
39 73
163 18
$17,174 33
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
interest, .
.
.
.
Cash on hand Oct. 31, 1904,.
$11,350
190
3,324
365
233
12
1,698
00
00
00
07
99
67
60
$17,174 33
No. 8.]
101
SAYINGS BANK COMMISSIONERS.
Total Amount of Loans at Specified Rates of Interest.
L oans
on
Amount.
Rate.
$32,650 00
7,200 00
5.25 per cent.
6.00
L oans
R eal E st a t e .
Amount.
Amount.
Rate.
$200 00
on
6.30 per cent.
$2,415 00
100 00
Sh a k e s .
Rate.
5.25 per cent.
6.00
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
$138
128
119
110
101
92
84
76
10
11
12
13
14
15
16
17
18
6 8 20
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
•
32
62
20
07
19
58
22
09
55
12
89
84
96
25
70
31
08
Total
Value.
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te of
I ss u e .
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay.
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
Valueper
Share.
Reconciliation of Share Account with Dues and Profits Capital.
102
$14,108
3,472
119
3,412
708
1,018
2.358
1,065
409
2,845
4,249
2,110
1,281
3,707
1,742
1,346
2,105
924
27
1
31
7
11
28
14
6
47
80
46
33
116
69
72
171
152
64
74
20
17
33
38
16
26
20
85
60
94
72
36
25
40
01
16
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$40,148 00
6,689 37
154 00
*
6 00
$46,991 37
Total,
$46,991 37
Number of shares issued during the y e a r , ................................................. 353
Number of shares now in f o r c e , ...........................................................1,013
Number of shares now borrowed u p o n ,.......................................................... 280
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ....................................... 122
Highest rate of premium or interest received on money sold during the y ea r:
6 ^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 j per cent.
Rate of profits distributed: first term, 2^ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r , ....................................... 21
Present number of m e m b e r s ,.................................................................................. 208
Present number of borrowers,.....................................................................................55
Present number of non-borrowers.............................................................................153
Number of loans secured by first mortgage of real estate,
.
.
.4 7
Number of loans on shares,
8
Largest loan to any one m e m b e r ,...............................................................................$2,600 00
Smallest loan to any one m e m b e r ,............................................................................... _
15 00
Amount of expenses of the corporation for the year ending Oct. 31,1904, . "
243 99
Date of examination by commissioner : June 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
102
REPORT OF THE
[Pub. Doc.
G U A R D IA N C O -O P E R A T IV E B A N K — BOSTON.
Incorporated July 2, 1886.
H e n r y P. O a k m a n , President.
Commenced business Aug. 6, 1886.
D a n ie l E l d r e d g e , Secretary and Treasurer.
Names of security committee :
E l b r id g e K . N e w h a l l ,
H e n r y P. O a k m a n ,
W a l t e r H . R o berts,
J ohn C. Co ok ,
• J a m e s M . S im p s o n .
Regular meetings the first Friday of each month.
Balance S heet O ct.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$265,100 00
Loans on shares, .
6,500 00
Temporary expense account,
575 00
Real estate by foreclosure, .
7,193 01
Mortgages,
.
.
.
.
5,900 00
Unpaid interest,
9Q2 50
Unpaid prem ium s,.
4 60
Unpaid fines, .
.
.
.
90 02
Cash in hands of treasurer, .
704 56
$286,969 69
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Forfeiture profits,
Guaranty fund,
Surplus.
.
.
.
.
Forfeited share account,
Personal account,
'
$246,196
29,764
5,777
41
248
2
281
26
3.800
683
44
103
00
74
49
95
12
00
69
04
00
43
90
33
$286,969 69
Detailed Statement of Receipts and Disbursements for the Year endina
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
retired share account, .
matured share account,
mortgages, .
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$70,290
13,478
113
615
3
25,950
00
99
50
97
50
00
12,000 00
900
6,650
514
26
00
00
64
04
3,921
13,748
3,909
115
10
7,001
71
85
36
00
00
28
$159,248 84
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
profits capital m atured,.
temporary expenses,
interest on retired and
matured shares, .
real estate by foreclosure,
retired share account, .
matured share account,
mortgages,
dues capital, .
Cash on hand Oct. 31, 1904,.
$72,950
6,100
20,165
430
12,755
13,480
2,059
104
1,352
4,964
2,208
00
00
00
00
00
00
45
15
25
00
64
268
988
13,748
3,909
3,050
10
704
72
86
85
36
00
00
56
$159,248 84
No. 8.]
103
SAYINGS BANK COMMISSIONERS.
Total Amount of Loans at Specified Rates of Interest.
L oans
L oans
R eal E s t a t e .
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
5.25
6.30
“
$1,800 00
2,000 00
6.60 per cent.
7.20
“
$6,500 00
5.00 per cent.
Amount.
$247,100 00
600 00
13,600 00
on
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
$191
180
170
159
149
140
130
121
112
104
96
87
80
72
64
57
50
43
36
30
23
17
11
5
Dues paid in advance, .
Total,
•
45
60
12
86
93
28
91
83
97
39
05
97
11
44
96
64
52
57
78
14
64
29
08
00
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a t e of
I ssue .
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec ,
June,
Dec.,
June,
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital
8
78
9
42
17
64
41
59
18
299
386
66
37
68
259
375
484
499
481
352
639
590
531
467
$1,531
14,086
1,531
6,714
2,548
8,977
5,367
7,187
2,033
31,212
37,075
5,806
2,964
4,925
16,824
21,615
24,451
21,741
17,691
10,609
15,105
10,201
5,883
2,335
60
80
08
12
81
92
31
97
46
61
30
02
07
92
64
00
68
43
18
28
96
10
48
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
29,764 74
2,702 00
241 00
$278,662 74
Total,
Number of shares issued during the y e a r , ....................................... 1,050
Number of shares now in force.................................................................... 5,869
Number of shares now borrowed u p o n ,................................................. 1,584
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................664
Number of shares forfeited during the y e a r , ................................................. 5
Number of shares retired during the year,
.
.
.
.
225
Number of shares matured during the y e a r ,................................................. 92
Highest rate of premium or interest received on money sold during the year:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2| per cent.: second term, 2| per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$246,196 00
$278,662 74
104
REPOET OF THE
Number of members withdrawn during the year, .
Present number of m e m b e r s ,...........................................................
Present number of borrowers,...........................................................
Present number of non-borrow ers,.................................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , ...........................................................
Largest loan to any one m e m b e r ,.................................................
[Pub. Doc.
. 120
. 766
. 159
. 607
. 145
.
41
Smallest loan to any one m e m b e r ,.................................................
Amount of expenses of the corporation for the year ending Oct. 31,1904,
Date of examination by commissioner : April 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$4,800 00
50 00
2,208 64
No. 8.]
SAYINGS BANK COMMISSIONERS.
105
H A M P T O N C O -O P E R A T IV E B A N K — EA STH A M P T O N .
Incorporated March 24, 1900.
Commenced business April 2, 1900.
E d w a r d W . S m i t h , President.
E. W . W
o od ,
2 d , Secretary.
Louis N . D i b b l e , Treasurer.
Names of security committee:
W
il l ia m
L . P it c h e r ,
L o u is N . D i b b l e ,
H a r l a n J. P o r t e r .
Regular meetings the first Monday of each month.
B alance Sheet O ct.
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Unpaid interest,
Unpaid prem ium s,.
Cash in hands of treasurer, .
31, 1904,
L ia b il it ie s .
$34,499
1,721
159
43
19
1,018
48
62
65
50
22
40
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Interest,
.
.
.
.
.
$37,461 87
$33,527
3,605
41
268
15
5
00
24
46
09
00
08
$37,461 87
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31,1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeiture profits, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$11,691
1,945
4
50
4,425
1,415
71
11
290
00
37
95
72
50
52
00
35
00
11
$19,905 52
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
Cash on hand Oct. 31, 1904,
$10,750
2,216
5,454
362
104
1,018
00
62
00
19
31
40
$19,905 52
106
[Pub. Doc.
REPORT OF THE
Total Amount of Loans at Specified Rates of Interest.
L o an s
on
Amount.
Rate.
$33,599 48
6.00 per cent.
L oans
R e a l E st a t e .
Amount.
S h ar es .
Rate.
Amount.
Rate.
$900 00
on
6.60 per cent.
$1,721 62
6.00 per cent.
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
$62
53
46
39
32
25
18
12
6
Dues paid in advance, .
Total,
23
56
29
18
21
43
81
37
10
Total
Value.
A pr.,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
Shares in
Force.
D ate op
I ssue .
Value per
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
281
140
61
39
76
81
109
86
56
$ 1 7 ,4 8 6
7,498
2,823
1,528
2,447
2,059
2,050
1,063
341
63
40
69
02
96
83
29
82
60
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$ 3 3 ,5 2 7 00
3,6 0 5 24
222 00
54 00
$ 3 7 ,3 5 4 24
Total,
$ 3 7 ,3 5 4 24
Number of shares issued during the y e a r , ................................................. 142
Number of shares now in f o r c e , .....................................................................929
Number of shares now borrowed u p o n ,........................................................... 254
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................200
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,........................................25
Present number of m e m b e r s ,...................................................................................181
Present number of borrow ers,.....................................................................................29
Present number of non-borrow ers,......................................................................... 152
Number of loans secured by first mortgage of real estate,
.
.
.
26
Number of loans on shares..................................... • .......................................... 17
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
30 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
121 55
Date of examination by commissioner : March 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
107
SAVINGS BAN K COMMISSIONERS.
H A V E R H IL L C O -O P E R A T IV E
Incorporated Aug. 20, 1877.
A m os W . D o w n in g , President.
B A N K — H A V E R H IL L .
Commenced business Sept. 3, 1877W
il l ia m
H . P a g e , Secretary and Treasurer.
Names of security committee:
J a c k so n W
ebster,
W
arren
F. A . Ch en ey,
W . P o tter.
Regular meetings the first Monday of each month.
B a l a n c e S h e e t O c t . 31 , 1904 .
L ia b il it ie s .
A ss e t s .
$285,665 00
Loans on real estate,
15,750 00
Loans on shares, .
14,708 14
Real estate by foreclosure,
.
3,675 00
Mortgages,
.
.
.
.
4,679 24
Unpaid interest,
183 04
Unpaid fines, .
.
.
.
29 50
Insurance,
.
.
.
.
376
42
Mortgage balances,
City and town n o t e s and
75,200 00
b o n d s,.......................................
6,848 25
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Personal account,
.
$346,848
53,9*1
4,600
390
1,030
253
00
98
00
86
75
00
$407,114 59
$407,114 59
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
D isbu rsem en ts .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
matured share account,
bonds and notes, .
mortgages, .
mortgage balances,
insurance,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$78,837 00
18,094 72
399 67
2 25
41,300 00
5,800 00
8.800
11,800
487
28
988
11,136
30,985
37,400
150
454
45
7,900
00
00
45
94
31
45
76
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital matured, .
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure,
matured share account,.
bonds and notes, .
premiums,
Cash on hand Oct. 31, 1904, .
$64,465
13,650
38,603
1,789
32,518
4,875
289
10,610
2,733
25
00
00
00
00
00
15
41
78
14
00
71
6,936
30,985
40,000
209
6,848
28
89
76
00
65
25
00
00
10
00
66
$254,610 31
$254,610 31
[Pub. Doc
REPORT OF THE
108
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
L oans
R e al E state.
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
$3,450 00
6.00 per cent.
$15,750 00
5.00 per cent.
Amount.
$282,215 00
on
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
1892,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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
$197
187
176
166
157
147
138
129
121
112
104
96
88
80
73
66
58
51
44
38
31
25
18
12
82
18
87
82
11
78
61
71
05
63
40
34
49
85
35
04
88
86
94
17
53
01
56
25
6 06
Dues paid in advance, .
Total,
132
42
100
124
96
114
97
202
134
196
173
82
328
199
214
272
460
264
565
348
391
248
525
583
566
Total
Value.
Shares in
Force.
D a t e of
I ssue .
Value per
Share.
Seiies.
Reconciliation of Share Account with Dues and Profits Capital.
$26,112
7,861
17,687
20,685
15,082
16,846
13,445
26,201
16,220
22,075
18,061
7,899
29,024
16,089
15,696
17,962
27.084
13,691
25,391
13,283
12,328
6,202
9,744
7,141
3,429
24
56
00
68
56
92
17
42
70
48
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
53,991 98
4,741 00
20
88
72
15
90
88
80
04
10
16
23
48
00
75
96
331 00
$405,580 98
Total,
Number of shares issued during the y e a r , ....................................... 1,396
Number of shares now in f o r c e , ........................................................... 6,455
Number of shares now borrowed u p o n ,................................................. 1,799
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,045
Number of shares forfeited during the year, .
.
.
•
.5 9
Number of shares matured during the year.....................................................215
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2 per cent.; second term, 2 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$346,848 00
$405,580 98
No. 8.]
SAVIN G S BANK COMMISSIONEBS.
Number of members withdrawn during the year.................................
Present number of m e m b e r s ,.....................................................................
Present number of borrow ers,.....................................................................
Present number of non-borrowers,...........................................................
Number of loans secured by first mortgage of real estate,
.
.
.
.
.
.
139
964
249
715
196
53
Number of loans on shares............................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r ,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : April 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
109
$5,000 00
50 00
2,733 14
[Pub. Doc
REPORT OF THE
110
H E N R Y W IL S O N
C O -O P E R A T IV E B A N K — N A T IC K .
Incorporated Oct. 23, 1886.
Commenced business N ov. 12, 1886.
J o h n R . A d a m s , President.
H arvey H . W
h it n e y ,
R ic h a r d F o l e y , Secretary.
Treasurer.
Names of security committee :
JuDSON E . SwEETLAND,
DANIEL C. F e LTON,
G. F . W h i t n e y ,
D a n ie l A . M a h o n e y ,
H a r v e y H . W h it n e y .
Regular meetings the second Friday of each month.
B alance
Sh e e t O c t .
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid premiums,
Unpaid tines, .
.
.
.
Insurance account,
T ax account, .
.
.
.
Cash in hands of treasurer,
31, 1904.
$124,850
15,900
23,185
2,219
33
30
198
60
6,512
.
00
00
74
69
25
49
21
30
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
Due on mortgage loans,
.
$141,672
25,120
1,400
4,518
279
00
25
00
51
80
88
$172,990 56
$172,990 56
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
premiums,
tines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
uncompleted mortgage
loans,
surplus,
insurance account,
tax account,.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$28,324
7,149
78
220
00
68
33
39
75
13,350 00
300
3,900
378
24
258
00
00
06
52
83
3,178 07
279
96
123
33
10,243
80
14
76
94
09
$67,939 36
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
surplus, .
.
.
.
tax account, .
interest account,
fines account,
Cash on hand Oct. 31,1904, .
$26,850
3,800
11,339
307
11,236
302
1,492
101
3,423
105
1,030
290
103
770
154
94
25
00
00
00
00
00
00
92
17
49
08
34
09
84
59
72
24
00
1 00
6,512 88
$67,939 36
No, 8.]
SAVINGS BANK COMMISSIONERS.
I ll
Total Amount o f Loans at Specified Rates o f Interest.
L oahs
on
K eal E state.
Amount.
Kate.
Amount.
$92,300 00
800 00
5.00 per cent.
5.25
“
$13,550 00
18,200 00
L o an s
Sh ar es .
Amount.
Rate.
6.00 ner cent.
6.75
on
“
$13,800
1,300
650
150
00
00
00
00
Kate.
5.00 per cent.
5.50
“
6 00
«
6.30
“
1892,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
19"0,
1900,
1901.
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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
$200
189
179
169
159
149
140
131
122
113
105
97
89
81
73
66
59
52
45
38
31
24
18
12
6
Dues paid in advance, .
Total,
46
68
20
04
16
58
28
23
49
93
59
43
43
63
98
49
19
03
05
22
53
97
54
24
06
Total
Value.
M ay,
N ov .,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov ,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
10
22
$2,004
4.172
7,347
10,311
11,459
15,257
14,028
6,561
8,574
10.823
7,391
2,240
2,593
9,387
11,023
11,170
6,984
7,076
4,324
4,662
6,085
3,096
1.594
856
890
41
61
72
102
100
50
70
95
70
23
29
115
149
168
118
136
96
122
193
124
86
70
147
60
96
20
44
52
16
00
50
30
35
30
89
47
45
02
32
42
08
80
84
29
28
44
80
82
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$141,672 00
25,120 25
3,164 00
38 00
$169,956 25
Total,
$169,956 25
Number of shares issued during the y e a r , ................................................. 239
Number of shares now in f o r c e , ....................................... '
.
2,269 *
Number of shares now borrowed u p o n ,........................................................... 824
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 248
Number of shares forfeited during the y e a r ,................................................. 13
Number of shares retired during the y e a r , ................................................. 55
Number of shares matured during the y e a r , ................................................. 2
Highest rate of premium or interest received on money sold during the year:
5 per
Lowest
5 per
Rate of
cent.
rate of premium or interest received on money sold during the y e a r:
cent.
profits distributed : first term, 2 per cent.; second term, 2 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
112
REPORT OF TH E
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 37
Present number of m e m b e r s ,....................................................................................
Present number of borrowers,....................................................................................
Present number of non-borrow ers,.................................................................... 216
Number of loans secured by first mortgage of real estate,
.
.
.104
Number of loans on s h a r e s , .............................................................................. .......
Largest loan to any o n e -m e m b e r ,...............................................................................
Smallest loan to any one m e m b e r ,.....................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
50 00
1,030 34
No. 8.]
113
SAYINGS BANK COMMISSIONERS.
H IG H L A N D C O -O P E R A T IV E B A N K — BOSTON.
Incorporated Feb. 24, 1899.
R obert A . W
atson,
Commenced business Feb. 27, 1899.
T h o m a s J. S protjl , Secretary and Treasurer.
President.
Names of security committee:
J a m e s P. C l e a r y ,
A . M . Z ie g l e r .
John F . D em pse y ,
G e o rg e F in n e r a n ,
Regular meetings the third Monday of each month.
B alan c e Sh eet Oc t.
A sset s .
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Suspense account, .
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$92,050
5,400
75
304
3,556
00
00
00
38
56
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$101,385 94
$90,979
8,695
1,226
31
00
50
27
22
25
48 61
325 00
78 09
2 00
$101,385 94
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
D isbu rse m e n t s .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$31,122 00
4,473 23
134 94
25
6,300 00
9,355 00
140 84
For real estate loans, .
.
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses.
Cash on hand Oct. 31, 1904,.
$28,700
9,420
11,389
852
337
3,556
00
00
00
03
88
56
02
2 00
2,727 19
$54,255 47
$54,255 47
114
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R e a l E st a t e .
L oans
Amount.
Rate.
Amount.
Rate.
$92,050 00
5.00 per cent.
-
-
Sh a k e s .
on
Amount.
$4,900 00
500 00
Rate.
5.00 per cent.
“
6.00
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
$78
71
63
56
48
41
34
28
21
15
9
3
Dues paid in advance, .
Total,
70
02
43
03
82
82
93
22
69
31
08
00
Total
Value.
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Shares in
Force.
D a t e of
I ss u e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
477
45
64
149
332
190
106
143
361
282
339
166
$37,539
3,195
4,059
8,348
16,208
7,945
3,702
4,035
7,830
4,317
3,078
498
90
90
52
47
24
80
58
46
09
42
12
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$90,979 00
8,695 50
1,217 00
132 00
$100,891 50
Total,
$100,891 50
Number of shares issued during the y e a r , ................................................. 565
Number of shares now in f o r c e , ........................................................... 2,654
Number of shares now borrowed u p o n ,.......................................................... 721
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
.
411
Number of shares forfeited during the year..................................................... 1
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................50
Present number of m e m b e r s ,.................................................................................. 288
Present number of borrowers,.....................................................................................57
Present number of non-borrowers,.........................................................................231
Number of loans secured by first mortgage of real estate,
.
.
.
48
Number of loans on s h a r e s , .......................................................................................9
Largest loan to any one member, ...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
362 88
No. 8.]
115
SAYINGS BANK COMMISSIONERS
H IN GH A M C O -O P E R A T IV E B A N K — H IN G H A M .
Incorporated June 1, 1889.
E b e d L . R i p l e y , President.
W
Commenced business June 5, 1889.
alter
B . F o s t e r , Secretary and Treasurer.
Names of security committee:
C. S u m n e r C u s h in g ,
F r a n c is M . R i p l e y ,
G eo rg e P r ic e ,
I ra G. H ersey,
E dw ard W . Bartlett.
Regular meetings the first Wednesday of each month.
B a l a n c e Sh e e t O c t .
A sset s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
$252,750
23,900
1,621
.
1,169
16
170
1,640
.
00
00
63
24
75
38
22
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$281,268 22
$226,332
50,211
1,432
3,284
00
97
87
76
6 62
$281,268 22
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
rent.....................................
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1
$50,401
14,916
143
789
00
89
91
47
1 50
29,650 00
1,800 00
5,850
6,550
690
35
848
13
4,716
4,267
00
00
97
88
06
00
06
87
$120,674 61
D isbu r se m e n t s .
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure,
.
.
.
.
taxes,
.
.
.
.
security committee,
mortgages,
Cash on hand Oct. 31, 1904,
$46,750
9,950
15,121
1,014
2,760
21,432
2,769
143
1,158
8,035
1,515
848
00
00
00
00
00
00
20
64
00
71
48
06
563 77
1,634
70
22
4,645
1,640
63
14
84
92
22
$120,674 61
[Pub. Doc
REPORT OF THE
116
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L oans
Real E sta te .
A m ou n t.
A m ou n t.
R a te .
$12,700 00
183,650 00
5,000 00
5.00 per cent.
54
“
Sh a k e s .
A m ou n t.
R a te.
$1,400 00
50,000 00
on
5| per cent.
6.30 “
54
$22,850 00
550 00
500 00
-
R a te.
54 per cent.
54
“
6.30 “
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$194
183
171
161
150
140
130
120
111
102
93
85
77
69
61
53
46
39
32
25
18
12
6
Dues paid in advance, .
Total,
63
07
88
02
49
30
39
84
53
51
78
29
04
05
28
71
34
17
19
39
78
35
09
Total
Value.
M ay,
N o v ..
M ay,
N o v .,
M ay.
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N o v .,
M ay,
N ov..
M ay,
N ov ..
M av,
N ov.,
M ay.
N ov.,
M ay,
Shares in
Force.
B a te of
I ss u e .
Value per
Share.
Series.
Reconciliation of Share Account icith Dues and Profits Capital.
45
96
125
77
148
61
135
98
189
161
124
165
159
161
262
214
208
101
299
262
389
308
399
$8,758
17,574
21,485
12,398
22,272
8,558
17,602
11,842
21,079
16,504
11,628
14,072
12,249
11,117
16,055
11,493
9,638
3,956
9,624
6,652
7,305
3,803
2,429
35
72
00
54
52
30
65
32
17
11
72
85
36
05
36
94
72
17
81
18
42
80
91
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid d u es,.
50,211 97
1,757 00
197 00
$278,300 97
Total,
Number of shares issued during the y e a r , ................................................. 722
Number of shares now in f o r c e , ........................................................... 4,186
Number of shares now borrowed u p o n ,..................................................1,728
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................312
Number of shares forfeited during the y e a r,.................................................... 24
Number of shares retired during the year......................................................... 20
Number of shares matured during the y e a r ,................................................. 150
Highest rate of premium or interest received on money sold during the y e a r:
54 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
54 per cent.
Rate of profits distributed: first term, 2§ per cent.; second term, 2 f per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$226,332 00
$278,300 97
No. 8.]
SAYINGS BANK COMMISSIONERS.
Number of members withdrawn during the year, .
117
44
Present number of m e m b e r s ,.................................................
527
Present number of borrowers,.................................................
Present number of non-borrowers, .
.
.
.
.
Number of loans secured by first mortgage of real estate,
211
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,.......................................
Smallest loan to any one m e m b e r,........................................
Amount of expenses of the corporation for the year endin
Date of examination by commissioner : January 26.
117
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
316
209
$5,000 00
50 00
1, •
1,515 48
118
REPORT OF THE
[Pub. Hoc
H O LBROOK C O -O P E R A T IV E B A N K — HOLBROOK.
Incorporated M ay 11, 1888.
W
il l a r d
F . G l e a s o n , President.
Commenced business June 11, 1888.
G eorge T. W
il d e ,
Secretary and Treasurer.
Names of security committee :
Z enas A . F r e n c h ,
C h a r l e s H . M c Ca r t e r ,
F r a n k B. D i m a n .
Regular meetings the second Tuesday of each month.
B alance Sheet O ct.
A ssets .
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Temporary expense account,
Real estate by foreclosure,
.
Unpaid interest,
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L i a b il it ie s .
$55,975
700
125
78
3,122
128
00
00
00
96
83
66
11 80
23 60
1,997 27
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
Fines.............................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
.
Surplus,
.
.
.
.
$62,163 12
$50,581
7,669
1,214
33
36
00
32
22
32
75
25
52 42
521 00
2,054 84
$62,163 12
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$15,378
3,095
90
108
00
96
3,100
1,250
125
27
00
00
36
52
86
40
75
4,400 00
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
profits capital withdrawn,
profits capital forfeited,.
temporary expenses,
real estate by foreclosure,
interest, .
.
.
.
profits, .
.
.
.
Cash on hand Oct. 31, 1904,.
$16,700
950
4,347
290
501
00
00
00
00
34
110 06
180 46
3,757 39
2 00
32 35
1,997 27
634 56
2 35
654 11
$28,867 87
$28,867 87
No. 8.]
119
SAVINGS B A N K COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
6 per cent.
$23,900 00
on
6J per cent.
$700 00
S h ar es .
Rate.
Amount.
Rate.
Amount.
Kate.
$32,075 00
L o an s
Real E sta te .
6 per cent.
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
$169
158
148
137
127
118
109
Total
Value.
June,
Dec ,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
D ec.,
June,
Dec.,
June,
Dec.,
June,
Shares in
Force.
D a t e of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
5
$846
1,901
1,628
3,445
3,839
4,144
3,817
2,202
2,557
4,233
1,495
5,484
1,717
2,173
2,978
4.972
2,044
4,173
2,763
1.676
715
26
43
04
83
97
40
08
25
30
35
35
100 11
22
91 33
83 01
74 78
28
51
66 88
82
29
42
67
133
67
175
159
151
143
59
51
44
37
30
23
17
24
74
46
39
52
85
38
11 10
5 00
Dues paid in advance, .
Total,
12
11
20
30
16
44
75
10
00
80
42
24
51
60
16
96
08
82
87
84
75
42
10
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s, .
$50,581 00
7,669 32
608 00
--„
47 00
$58,858 32
Total,
$58,858 32
Number of shares issued during the year,
................................................. 351
Number of shares now in f o r c e , ........................................................... 1,322
Number of shares now borrowed u p o n ,........................................................... 338
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................202
Number of shares forfeited during the year, .
.
.
.
.
.1 6
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent
Rate of profits distributed: first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................18
Present number of m e m b e r s ,.................................................................................. 223
Present number of borrowers,.................................................................................... 72
Present number of non-borrow ers,.........................................................................151
Number of loans secured by first mortgage of real estate,
.
.
.
63
Number of loans on s h a r e s , ...................................................................................... 9
Largest loan to any one m e m b e r ,.............................................................................. $2,800 00
Smallest loan to any one m e m b e r ,...............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
180 46
Date of examination by commissioner: January 8 .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
120
H O LY O K E C O -O P E R A T IV E B A N K — H O LYO K E .
Incorporated July 24, 1880.
Commenced business Aug. 25, 1880.
C h a r l e s L . N e w c o m b , President.
D w i g h t 0 . J u d d , Secretary and Treasurer.
Names of security committee :
J ohn H . M o n tg o m er y ,
T homas W . D o y l e ,
W il l i a m H . B u l l a r d .
Regular meetings the fourth Wednesday of each month.
B alan ce Sh ee t O ct.
L ia b il it ie s .
A sset s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid dues, .
.
.
.
Unpaid fines, .
.
.
.
Furniture account,
Cash in hands of treasurer,
31, 1904.
$303,500
16,550
13,431
1,526
2,437
27
292
19,380
.
.
00
00
25
31
00
74
31
74
Dues capital,
Profits capital (all series),
Guaranty fund,
Forfeited share account,
Profit and loss account,
.
$304,898
49,244
2,123
94
784
00
68
83
32
52
$357,145 35
$357,145 35
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
expense account, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$88,541
17,201
1,044
4
25,650
00
78
00
25
00
21,400 00
3,150
26,850
502
123
2,078
00
00
62
96
04
10,989 73
83 50
10,345 58
$207,964 46
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 31,1904,
$51,700
22,850
27,855
2,555
26,935
15,408
3,363
280
4,047
6,285
00
00
00
00
00
00
33
87
53
02
2,220 10
2,076 04
470 97
22,536 86
19,380 74
$207,964 46
N o. 8.]
121
SAyiNGS BAN K COMMISSIONERS.
Total Amount o f Loans at Specified Bates o f Interest.
L o a n s o n Sh a k e s .
L oans on Real E sta te .
Amount.
Rate.
$277,750 00
24,750 00
5 per cent.
Amount.
Rate.
Amount.
$ 1,000 00
6.30 per cent.
$16,550 00
Rate.
5 per cent.
6
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
$190
179
168
158
147
137
128
118
• 109
100
92
84
75
68 10
60
53
45
38
31
25
18
12
45
02
79
76
89
18
66
29
6 07
Dues paid in advance, .
Total,
84
64
73
19
93
99
33
92
83
98
38
06
96
•
Total
Value.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a t e oe
Issue.
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
Value per
Share.
Beconciliation o f Share Account with Dites and Profits Capital.
46
50
57
89
92
$8,778
8,982
9,617
14,078
13,609
15,316
16,297
11,059
15,595
14,238
17,182
24,293
20,053
24.039
13,299
33,879
20,926
16,705
14,286
12,237
16,420
9,401
3,605
111
127
93
142
141
186
289
264
353
220
639
457
431
448
486
880
765
594
64
00
61
91
56
89
91
56
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
49,244 68
86
18
68
34
44
30
00
78
03
56
72
48
80
85
58
236 00
$354,142 68
Total,
Number of shares issued during the y e a r , ....................................... 1,489
Number of shares now in f o r c e , .........................................
.
6,960
Number of shares now borrowed u p o n ,................................................. 2,070
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................906
Number of shares forfeited during the y e a r , ................................................. 112
Number of shares retired during the y e a r , ................................................. 399
Number of shares matured during the y e a r ,................................................. 107
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed : first term, 2J per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$304,898 00
$354,142 68
122
REPOET OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................209
Present number of m e m b e r s ,..................................................................... - 1^20
Present number of b o r r o w e r s , .....................................................................362
Present number of non-borrowers, .
.
.
.
.
.
.
.
858
Number of loans secured by first mortgage of real estate,
.
.
. 281
Number of loans on s h a r e s , ...............................................................................81
Largest loan to any one m e m b e r ,...............................................................................
Smallest loan to any one member........................................................................
Am ount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : September 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
50 00
2,136 60
No. 8.]
HOM E
C O -O P E R A TIV E
Incorporated June 10, 1882.
E.
H .
T
123
SAY IN G S BANK COMMISSIONERS.
o w n e
,
President.
D
a n ie l
B A N K — W O R C E ST E R .
Commenced business June 16, 1882.
T . J.
H
a s t in g s
Secretary and Treasurer.
,
Names of security committee:
P
a u l in
E . J.
,
A
l e x a n d e r
B
e l is l e
B
a r d w e l l
,
.
Regular meetings the Friday preceding the third Monday of each month.
B a la n c e Sh e e t O c t .
31, 1904.
L ia b il it ie s .
A ssets.
$458,550 00
Loans on real estate,
8,650 00
Loans on shares, .
1,392 S7
Temporary expense account,
8,212 25
Real estate by foreclosure,
.
3,300 00
Mortgages,
.
.
.
.
17,169 14
Cash in'hands of treasurer, .
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Rent account,
Suspense account,
$413,927
63,170
9,084
351
4,000
6,224
114
172
229
00
87
00
70
00
18
25
49
77
$497,274 26
$497,274 26
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D is b u r s e m e n t s .
R e c e ip t s .
$118,214 00
From dues capital,
28,247 44
interest,
912 65
fines,
.
.
.
.
9 00
transfer fees,
96,900 00
real estate loans repaid,
real estate loans elimi5,000 00
nated by foreclosure,
real estate loans eliminated by maturity of
16,700 00
shares,
15,255 00
share loans repaid,
590 22
withdrawal profits,
16 04
forfeiture profits, .
472
63
forfeited shares, .
real estate by foreclos11,054 21
ure, .
.
.
.
462 93
rent account,
temporary expense ac1,028 97
count,
383 73
profit and loss,
229 77
suspense account,
Cash on hand Oct. 31, 1903, .
7,071 16
$156,000 00
For real estate loans, .
10,395 00
share loans, .
dues capital withdrawn,
36,997 00
800 00
dues capital forfeited, .
dues capital retired,
13,317 00
dues capital matured, . ' 32,434 00
5,469 82
profits capital withdrawn,
51 28
profits capital forfeited,.
4,513 60
profits capital retired, .
14,570
00
profits capital m atured,.
3,529 57
temporary expenses,
853 58
forfeited shares,
456 28
interest on retired shares,
5,636 77
real estate by foreclosure,
354 71
profit and loss,
17,169 14
Cash on hand Oct. 31, 1904,
$302,547 75
$302,547 75
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
124
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L oans on Real E state.
Amount.
Rate.
Amount.
Rate.
o o
o o
o o
o o
IQ T*
6 per cent.
6|
$441,150 00
13,900 00
2,600 00
L o an s on Sh ak e s.
Amount.
6 | per cent.
$8,550 00
100 00
7
Rate.
6 per cent.
64
“
6|
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
$193
181
170
159
148
138
128
119
109
100
•
36
84
64
69
08
77
71
93
43
17
15
38
83
53
43
54
11 10
5 00
11
$2,123
16,512
5,447
9,880
18,307
2,356
1,286
13,813
40,395
32,932
23,350
41,548
37,058
37,939
30,758
32,134
30,146
28.035
28,585
16,177
15,216
9,590
6,665
91
32
62
123
17
22
91
83
75
67
59
51
44
37
30
23 86
17 39
Dues paid in advance, .
Total,
03
46
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,
Shares in
Force.
D ate of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
10
116
368
327
254
498
493
565
518
620
677
749
936
678
875
864
1,333
.
33
86
04
32
32
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid d u e s,.
63,170 87
3,564 00
88
90
28
36
17
22
14
81
75
84
60
81
07
44
08
25
40
00
400 00
$480,661 87
Total,
Number of shares issued during the y e a r , ....................................... 2,286
Number of shares now in f o r c e , ........................................................... 10,217
Number of shares now borrowed u p o n ,................................................. 2,787
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,142
Number of shares forfeited during the y e a r ,................................................. 120
Number of shares retired during the year.........................................................112
Number of shares matured during the y e a r , ................................................. 235
Highest rate of premium or interest received on money sold during the y ea r:
6 J per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed : first term, 3 ^ per cen t.; second term, 3J per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$413,927 00
$480,661 87
No. 8.]
SAYINGS BANK CO M M ISSIO N ED.
Number of members withdrawn during the year, .
.
.
.
Present number of m e m b e r s ,.....................................................................
Present number of borrowers,.....................................................................
Present number of non-borrowers...............................................................
Number of loans secured by first mortgage of real estate,
.
139
1,019
. 234
. 785
. 249
.
55
Number of loans on s h a r e s , .....................................................................
Largest loan to any one member.................................................................
Smallest loan to any one m e m b e r ,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner: March 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
125
$5,000 00
50 00
2,500 60
126
REPORT OF THE
[Pub. Doc
H O M E STE AD CO -O P ER ATIV E B A N K — BOSTON.
Incorporated Sept. 11, 1877.
W
a l t e r
H . R
President.
o b e r t s
,
J
a m e s
M . S
J
o h n
Commenced business Sept. 12, 1877.
D
a n ie l
E
l d r e d g e
,
Secretary and Treasurer.
Names of security committee:
C. C
im p s o n
o o k
,
W
,
H
W
il l is
S.
M
a l t e r
e n r y
a so n
H . R
P . O
o b e r t s
a k m a n
,
,
.
Regular meetings the second Wednesday of each month.
B alan ce S h ee t O ct.
A ssets.
31, 1904.
L ia b il it ie s .
Loans on real estate,
.$397,600 00
Loans on shares, .
18,850 00
Temporary expense account,
500 00
Real estate by foreclosure, .
7,234 88
Mortgages,
.
.
.
.
19,798 12
Unpaid interest,
2,118 08
Unpaid premiums,
16 25
Unpaid fines, .
.
.
.
159 54
Cash in hands of treasurer, .
12,683 77
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
¡Surplus,
.
.
.
.
Forfeited share account,
$458,960 64
$375,326
56,642
3,789
33
176
249
5,300
17,091
350
00
24
52
95
80
25
65
00
52
71
$458,960 64
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
retired share account, .
matured share account,
mortgages, .
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D is b u r s e m e n t s .
$97,623
22,257
215
967
00
59
61
02
6 25
48,000 00
3,600 00
7,800 00
11,200 00
1,121 75
3 28
2,985
21,188
9,732
5,555
13
8,269
74
94
22
68
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured, .
temporary expenses,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
retired share account, .
matured share account,
mortgages,
dues capital, .
Cash on hand Oct. 31,1904, .
$98,350
14,600
30,825
252
16,983
12 662
4,487
13
3,941
5,183
3,138
265
00
00
00
00
00
59
14
50
44
02
30
5,255
21,188
9,732
964
13
12,683
96
94
22
75
00
77
00
00
55
$240,539 63
$240,539 63
No. 8.]
SAVINGS BANK COMMISSIONERS.
127
Total Amount o f Loans at Specified Rates of Interest.
.
L oans on R eal E st a t e .
Amount.
$342,450 00
6,900 00
44,250 00
Rate.
L oans on Sh akes.
Amount.
5.00 per cent.
5.25
“
6.30
“
1,900 00
2,100 00
Rate.
Amount.
6.60 per cent.
6.90
“
$18,850 00
Rate.
5 per cent.
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
$192
181
170
159
149
139
130
120
111
102
94
86
78
70
62
55
47
40
34
27
20
14
8
2 00
Dues paid in advance, .
Total,
76
43
47
90
63
72
09
80
73
95
44
19
14
32
67
23
98
91
01
28
71
31
08
Total
Value.
1893, .
1893, .
1894, .
1894, .
1895, .
1895, .
1896, .
1896, .
1897, .
1897. .
1898, .
1898, .
1899, .
1899, .
1900, .
1900, .
1901, .
1901,.
1902, .
1902, .
1903, .
1903, .
1904, .
1904, .
Shares in
Force.
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Series.
D ate of
I ssu e .
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital.
23
29
62
29
64
49
15
302
271
334
324
342
398
426
523
456
436
594
609
535
702
607
840
484
$4,433
5,261
10,569
4,637
9,576
6,846
1,951
36,481
30,278
34,385
30,598
29,476
31,099
29,956
32,776
25,184
20,919
24,300
20,712
14,594
14,538
48
47
14
10
32
28
35
60
83
30
56
98
72
32
41
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
28
54
09
80
42
8,686 17
6,787 20
968 00
279 00
$435,299 24
Total,
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
56,642 24
3,331 00
88
Number of shares issued during the y e a r , ........................................1,450
Number of shares now in f o r c e , ........................................................... 8,454
Number of shares now borrowed u p o n ,................................................. 2,504
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................711
Number of shares forfeited during the y e a r ,................................................. 18
Number of shares retired during the y e a r , ................................................. 170
Number of shares matured during the y e a r ,................................................. 88
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
$375,326 00
$435,299 24
128
REPORT OF THE
[Pub. Doc.
Rate of profits distributed : first term, 2£ per cent. ; second term, 2J per cent.
Number of members withdrawn during the y e a r ,........................................128
Present number of m e m b e r s ,...................................................................................991
Present number of b o r r o w e r s , .........................................................................245
Present number of non-borrow ers,.........................................................................746
Number of loans secured by first mortgage of real estate,
.
.
. 233
Number of loans on s h a r e s , .....................................................................................90
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: April 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
3,138 02
No. 8.]
SAYINGS BANK COMMISSIONERS.
129
H O U SATO N IC C O -O P E R A TIV E B A N K — G R EAT
B A R R IN G T O N .
Incorporated June 12, 1889.
N
a t h a n ie l
W
a r n e r
,
President.
M
o o r e
Commenced business July 1, 1889.
E .
S. T
,
h a t c h e r
Secretary and Treasurer.
Names of security committee :
F .
M .
,
T
R.
H .
M
c
D
h o m a s
o n a l d
E .
B
r o w n
,
.
Regular meetings the first Monday of each month.
Ba la n c e Sh e e t
A ssets.
Loans on real estate,
Loans on shares, .
Unpaid interest,
Unpaid fines.................................
Cash in hands of treasurer, .
Oct. 31, 1904.
L ia b il it ie s .
$37,500 00
1,350 00
105 23
6 42
3,045 50
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
.
.
.
.
$42,007 15
$36,654
4,970
258
124
00
66
21
28
$42,007 15
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1 904.
R e c k if t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D is b u r s e m e n t s .
$14,715 00
2,035 09
42 06
25
8,200 00
1,300 00
53 46
2,818 31
$29,164 17
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured, .
temporary expenses,
Cash on hand Oct. 31,1904, .
$14,150
1,300
8,421
290
1,633
00
00
00
00
24
111 28
213 15
3,045 50
$29,164 17
130
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
L oans ON SHARK3.
Amount.
Rate.
$5,200 00
350 00
25,200 00
R eal E sta te .
5 per cent.
6i
“
H
“
Rate.
$2,800 00
3,750 00
200 00
Amount.
55 per cent.
6
H
“
$50 00
1,300 00
Rate.
5 per cent.
5*
“
1893,
1894,
1895,
1895,
1896,
1897,
1897,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
11
12
13
15
16
17
19
20
21
22
23
24
25
26
27
28
29
30
$186
165
154
138
119
110
101
84
76
68
60
53
46
39
32
25
18
12
6
Dues paid in advance, .
Total,
32
01
76
17
38
40
63
73
57
66
94
45
12
02
09
33
76
35
10
Total
Value.
July,
July.
Jan.,
N ov ,
N ov.,
M ay,
N ov.,
N ov .,
M ay,
Nov .
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Shares in
Force.
D a te op
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profils Capital.
17
3
7
12
9
13
22
28
18
55
$3,167
495
1,083
1,658
1,074
1,435
2,235
2,372
1,378
3,776
2,864
1,550
1,568
2,614
4,011
3,140
3,057
3,248
1,073
47
29
34
67
125
124
163
263
176
44
03
32
04
42
20
86
44
26
30
18
05
08
34
25
92
88
05
60
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$36,654 00
4,970 66
185 00
5 00
$41,809 66 :
Total,
$41,809 66
Number of shares issued during the y e a r , ................................................. 510
Number of shares now in f o r c e , ........................................................... 1,212
Number of shares now borrowed u p o n ,...........................................................227
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................265
Number of shares matured during the y e a r ,................................................. 2
Highest rate of premium or interest received on money sold during the y ea r:
6^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2| per cent ; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,....................................... 32
Present number of m e m b e r s ,.................................................................................. 212
Present number of borrowers,.................................................................................... 44
Present number of non-borrowers, .
.
.
.
.
.
.
168
Number of loans secured by first mortgage of real estate,
.
.
.
33
Number of loans on s h a r e s . .....................................................................................11
Largest loan to any one m e m b e r ,...............................................................................$2,000 00
Smallest loan to any one m e m b e r,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
213 15
Date of examination by commissioner: June 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
131
SAYINGS B A N K COMMISSIONERS
H U DSON C O -O P E R A T IV E B A N K — H U DSON.
Incorporated Oct. 22, 1885.
A . T . K
n ig h t
,
Commenced business N ov. 19, 1885.
C.
President.
Sa
v il l t a n
A
r n o l d
,
H . H
il l
,
Secretary.
Treasurer.
Names of security committee:
R.
H
e n r y
H
a p g o o d
,
R.
N
S. L
a t h a n ie l
a m so n
G.
T
r ip p
,
.
Regular meetings the third Thursday of each month.
Balance
Sheet Oct.
L ia b il it ie s .
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Mortgages,
.
.
.
.
Unpaid interest,
Cash in hands of treasurer,
31, 1904.
$188,725
10,230
13,742
3,431
616
.
1,257
.
00
00
52
36
05
42
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$218,002 35
$179,742
33,218
3,300
1,723
18
00
96
00
29
10
$218,002 35
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbck skm en ts .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeited shares, .
real estate by foreclosure, .
.
.
.
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$48,120
11,484
293
38,525
00
51
56
00
3,250
7,445
911
22
00
00
18
00
6,289 13
100 00
6,830 78
$123,271 16
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital matured,
temporary expenses,
forfeited shares,
real estate by foreclosure,
Cash on hand Oct. 31, 1904,
$50,650
10,9ln
27,025
22
18,415
3,621
1
7,034
1,036
1,796
1,501
1,257
00
00
00
00
00
03
27
83
02
60
99
42
$123,271 16
[Pub. Doc.
REPORT OF THE
132
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L oans
R e al E s t a t e .
on
S h ar es .
Rate.
Amount.
Amount.
Rate.
Amount.
Rate.
$28,200 00
5.50 per cent.
$160,525 00
6.0 0 per cent.
$1,960 00
8,270 00
5.50 per cent.
6.00
“
$198
187
176
165
155
145
136
126
117
108
100
91
83
75
67
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
50
24
37
81
57
61
00
67
57
71
12
87
62
66
97
46
01
89
84
96
25
70
31
08
Total
Value.
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Shares in
Force.
N ov., 1892, .
M ay, 1893, .
N ov ., 1893, .
M av, 1894, .
N ov ., 1894, .
M av, 1895, .
N ov.. 1895, .
M ay, 1896, .
N ov.; 1896, .
M ay. 1897, .
N ov., 1897, •
M ay, 1898, .
N ov., 1898, .
M ay, 1«99, .
N ov., 1899, .
M ay, 1900, .
N ov., 1900, .
M ay, 1901, .
N ov., 1901,
M ay, 1902, .
N ov ., 1902, .
M av, 1903, .
N o v ., 1903, .
M ay, 1904, .
Value per
Share.
D ate op
I ssue.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
73
35
44
68
47
56
120
62
109
94
89
84
84
133
143
108
161
272
162
271
293
465
415
525
$14,490
6,553
7,760
11,275
7,311
8,154
16,320
7,853
12,815
10,218
8,910
7,717
7,024
10,062
9,719
6,529
8,534
12,482
6,292
8,661
7,398
8,695
5,108
3,192
•
50
40
28
08
79
16
00
54
13
74
68
08
08
78
71
68
61
08
08
16
25
50
65
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
33,218 96
1,063 00
943 00
$214,023 96
Total,
Number of shares issued during the y e a r , ..................................................1,096
Number of shares now in force..............................................................................3,913
Number of shares now borrowed u p o n ,............................................................1,119
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 818
Number of shares forfeited during the y e a r ,......................................................... 8
Number of shares matured during the y e a r , ..................................................... 127
Highest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r.
o£ per cent.
Rate of profits distributed: first term, 2£ per cent.; second term : 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$179,742 00
$214,023 96
No. 8.]
SAYINGS BAN K COMMISSIONERS.
133
Number of members withdrawn during the y e a r ,........................................52
Present number of m e m b e r s ,.................................................................................. 571
Present number of borrowers,...................................................................................185
Present number of non-borrowers,........................................................................ 386
Number of loans secured by first mortgage of real estate,
.
.
. 164
Number of loans on s h a r e s , .................................................................................... 21
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
50 00
Smallest loan to any one m e m b e r ,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,136 02
Date of examination by commissioner : January 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
134
[Pub. Doc.
REPORT OF THE
H Y D E P A R K C O -O P E R A T IV E B A N K — H Y D E PA R K .
Incorporated March 26, 1886.
T
h o m a s
E .
F
a u n c e
,
President.
Commenced business M ay 5, 1886.
G
e o r g e
T .
B
r a d y
,
Secretary and Treasurer.
Names of security committee:
Sa
m u e l
F . P
o r t e r
T
,
C
h o m a s
E .
F
h a r l e s
a u n c e
S. P
r e sc o tt
,
.
Regular meetings the first Wednesday of each month.
B
alance
Sh e e t O c t .
31, 1904.
L ia b il it ie s .
A ss e t s .
$265,300 00
Loans on real estate,
13.010 00
Loans on shares, .
373 34
Temporary expense account,
11,721 30
Real estate by foreclosure, .
Unpaid fines, .
.
.
.
17 98
1,653 15
Personal accounts,.
22 00
Insurance account,
285 68
T a x e s , .......................................
85 00
Office furniture and fixtures,
Cash in hands of treasurer, .
11.010 71
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
.
$254,063
43,465
1,298
1
261
2,813
1,575
00
26
59
73
12
98
48
$303,479 16
$303,479 16
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
personal accounts,
mortgage balance,
taxes, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$68,931
16,088
113
817
6
45,200
00
91
39
32
00
00
4,800 00
5,600
14,880
1,005
17
817
00
00
85
81
94
652
2,629
186
9
4,529
50
76
20
00
85
$166,285 53
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
personal accounts, .
taxes,
.
.
.
.
mortgage balance,.
Cash on hand Oct. 31, 1904, .
$59,150
12,980
33,404
775
12,447
13,330
4,025
71
4,701
5,027
2,063
817
297
423
5,500
73
186
11,010
00
00
00
00
00
00
68
25
30
67
85
94
50
06
58
79
20
71
$166,285 53
135
SAYINGS BANK COMMISSIONERS.
No. 8.]
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Eate.
$236,950 00
7,550 00
3,600 00
5 per cent.
51
“
5è
“
1,200 00
L o an s
K e a l E st a t e .
on
S h ak es .
Kate.
Amount.
Amount.
Kate.
$13,300 00
2,300 00
400 00
6.30 per cent.
6.60
“
7.40
“
6
$11,060
1,810
50
90
00
00
5 per cent.
00
00
64
61
“
“
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
$191
180
169
159
148
139
129
120
111
102
94
85
77
70
62
55
47
40
33
27
61
41
59
08
91
05
52
25
25
49
01
80
80
04
48
08
87
83
96
25
20 71
14 31
8 08
2 00
Dues paid in advance, .
Total,
Total
Value.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Shares in
Force.
Series.
B a t e of
I ssue .
M ar., 1893,
Sept., 1893,
M ar., 1894,
Sept., 1894,
M ar., 1895,
Sept., 1895,
M ar., 1896,
Sept., 1896,
M ar., 1897,
Sept., 1897,
M ar., 1898,
Sept.-, 1898,
M ar., 1899,
Sept., 1899,
M ar., 1900,
Sept., 1900,
M ar., 1901,
Sept., 1901,
Mar , 1902,
Sept., 1902,
M ar., 1903,
Sept., 1903,
M ar., 1904,
Sept., 1904,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
59
74
90
$11,304
13,350
15,263
10,817
18,762
12,514
13,729
8,297
14,351
15,271
14,947
15,615
16,260
11,416
20,118
11,952
9,909
13,106
20,342
8,365
11,349
7,011
4,896
792
68
126
90
106
69
129
149
159
182
209
163
322
217
207
321
599
307
548
490
606
396
99
34
10
44
66
Dues capital as per general ledger,
Profits capital as per
general ledger, .
Unpaid dues,
43,465 26
2,508 00
50
12
25
25
01
59
60
20
52
56
36
09
43
04
75
08
90
48
00
291 00
$300,036 26
Total,
Number of shares issued during the year................................................1,160
Number of shares now in f o r c e , ...........................................................5,686
Number of shares now borrowed u p o n ,................................................. 1,635
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 981
Number of shares forfeited during the y e a r ,................................................. 25
Number of shares retired during the y e a r , ................................................. 94
Number of shares matured during the y e a r , ................................................. 87
Highest rate of premium or interest received on money sold during the y ea r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2| per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$254,063 00
$300,036 26
136
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 160
Present number of m e m b e r s ,.................................................................................. 820
Present number of b o r r o w e r s , .........................................................................247
Present number of non-borrow ers,.........................................................................573
Number of loans secured by first mortgage of real estate,
.
.
. 179
Number of loans on s h a r e s , .....................................................................................68
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
2,063 85
No. 8.]
SAVINGS BANK COMMISSIONERS.
137
L A F A Y E T T E C O -O P E R A TIV E B A N K — F A L L R IV E R .
Incorporated April 11, 1894.
P
ie r r e
F.
P
e l o q u in
,
President.
W
Commenced business M ay 2, 1894.
il l ia m
F.
W
,
in t e r
Secretary and Treasurer.
Names of security committee:
J
o h n
B.
H
u a r d
,
N
E
a t h a n
M
il l e r
d m u n d
R
e e v e s
,
.
Regular meetings the first Wednesday of each month.
B alan ce Sh eet O ct.
A ss et s .
31,1904.
L ia b il it ie s .
$137,800 00
Loans on real estate,
13,350 00
Loans on shares, .
Temporary expense account,
337 08
Unpaid interest,
614 25
Unpaid fines, .
.
.
.
68 19
Cash in hands of treasurer, .
197 58
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Suspense account,
$152,367 10
$126,483 00
18,371 87
3,951 65
120 21
1,220 46
2,173 27
18 00
28 64
$152,367 10
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
suspense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$38,191
7,576
170
30,650
6,450
203
3,235
00
79
00
00
00
76
83
$86,477 38
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
forfeited shares,
suspense account, .
profit and loss,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$34,900
13,400
32,932
4,198
675
00
00
00
21
07
10 00
126 31
38 21
197 58
$86,477 38
[Pub. Doc.
REPORT OF THE
138
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
Kate.
Amount.
Rate.
-
-
5^ per cent.
$ 1 3 7 ,8 0 0 00
L o an s
R e al E s t a t e .
Amount.
'
$ 1 3 ,3 5 0 0 0
on
Sh a r e s .
|
Rate.
5£
per cent.
1894,
1894 ,
1895,
1895,
1896,
1896 ,
1897,
1897,
1898,
1898,
1899,
1899,
19u 0,
1900,
1901.
1901,
1902,
1902,
1903,
1903,
1 904 ,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
$164
153
143
134
124
1 15
107
»8
90
82
74
66
59
51
44
37
31
24
18
12
6
Dues paid in advance, .
Total,
11
87
95
28
93
85
00
39
09
01
16
55
14
92
86
99
27
72
33
09
00
Tota!
Value.
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov ,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Shares in
Force.
D a t e of
I s su e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
90
40
72
34
66
63
52
61
80
71
104
132
131
160
138
141
284
220
287
342
350
$ 1 4 ,7 6 9
6 ,1 5 4
1 0 ,3 6 4
4 .5 6 5
8 ,2 4 5
7 ,2 9 8
5 ,5 6 4
6 ,0 0 1
90
80
40
52
38
55
00
79
7 ,2 0 7
5 ,8 2 2
7 ,7 1 2
8 ,7 8 4
7 ,7 4 7
8 ,3 0 7
6 ,1 9 0
5 ,3 5 6
8 ,8 8 0
5 ,4 3 8
5 ,2 6 0
4 ,1 3 4
2 ,1 0 0
20
71
64
60
34
20
68
59
68
40
71
78
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$ 1 2 6 ,4 8 3 00
1 8 ,3 7 1 87
1 ,0 8 3 00
'
3 0 00
$ 1 4 5 ,9 3 7 87
Total,
$ 1 4 5 ,9 3 7 87
Number of shares issued during the year..........................................................970
Number of shares now in f o r c e , ........................................................... 2,918
Number of shares now borrowed u p o n ,................................................. 1,075
Largest number of shares held by any one member,
.
.
.
. 2 5
Number of shares withdrawn during the year,
.
.
.
1,192
Highest rate of premium or interest received on money sold during the y e a r:
5J per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
54 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2J per cent.
Number of members withdrawn during the y e a r ,........................................112
Present number of m e m b e r s ,...................................................................................279
Present number of borrowers,.....................................................................................90
Present number of non-borrow ers,.........................................................................189
Number of loans secured by first mortgage of real estate,
.
.
.
68
Number of loans on s h a r e s , .....................................................................................26
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
675 07
Date of examination by commissioner : March 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYIN GS BAN K COMMISSIONERS.
139
L A W R E N C E C O -O P E R A TIV E B A N K — L A W R E N C E .
Incorporated March 12, 1888.
J
o h n
P
a is l e y
,
President.
W
Commenced business April 6 , 1888.
il l ia m
A.
W
h it n e y
,
Secretary and Treasurer.
Names of security committee :
C
o l in
K
e r r
,
A
R
o b e r t
F.
P
ic k e l s
n d r e w
C
r a ig
,
.
Regular meetings the first Saturday of each month.
Ba l a n c e Sh ee t O ct.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$445,650 00
Loans on shares, .
29,985 00
Permanent expense account,
530 44
Real estate by foreclosure, .
1,376 69
1,792 02
Unpaid interest,
Unpaid fines, .
.
.
.
228 68
Insurance account,
19 00
Cash in hands of treasurer, .
14,556 79
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Personal account,
.
$494,138 62
$416,944
70,233
2,940
3,955
65
00
17
00
15
58
72
$494,138 62
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 31, 1904.
R e c e ip t s .
j{
From dues capital,.
$118,083 00
interest,
24,858 66
1,020 92
fines,
.
.
.
.
3 00
transfer fees,
real estate loans repaid,
96,600 00
real estate loans elimi1,700 00
nated by foreclosure,
real estate loans eliminated by maturity of
5,000 00
shares,
share loans repaid,
14,165 00
989 48
withdrawal profits,
forfeiture profits, .
1 47
real estate by foreclos600 00
ure, .
.
.
.
72
personal accounts,
930 94
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$263,953 19
D isbu r se m e n t s .
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital m atured,.
temporary expenses,
permanent expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
interest repaid,
fines repaid, .
Cash on hand Oct. 31, 1904,.
$98,900
21,590
91,856
63
11,932
15,686
5
4,671
2,180
233
00
00
00
00
00
98
85
24
63
24
282
1,976
14
3
14,556
69
97
60
79
20
$263,953 19
140
[Pub. Doc.
REPORT OF THE
Total Amount o f Loans at Specified Raies o f Interest.
L o an s
Rate.
Amount.
$>423,000
8,300
2,750
2,600
1,600
on
00
00
00
64
Rate.
Amount.
6.30 per cent.
6.60
6.90
“
7 50
“
7|
$29,460 00
325 00
Amount.
5 per cent.
H
“
5è
5§
“
00
00
L oans
R e al E s t a t e .
$5,400 00
800 00
600 00
200 00
400 00
“
200 00
on
Sh a k e s .
Rate.
5 per cent.
54
»
H
“
Oct., 1892,
A pr., 1893,
Oct., 1893,
Apr., 1894,
Oct., 1894,
Apr., 1895,
Oct., 1895,
Apr., 1896,
Oct., 1896,
Apr., 1897,
N ov ., 1897,
M ay, 1898,
N ov ., 1898,
M ay, 1899,
N ov., 1899,
M ay, 1900,
N ov., 1900,
M ay, 1901,
N ov ., 1901,
M ay, 1902,
N ov., 1902,
M ay, 1903,
N o v ., 1903,
M ay, 1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
$205
193
181
170
160
149
139
129
120
•
27
42
92
81
07
67
61
88
40
111 28
100
92
84
76
97
46
16
11
68 28
60
53
45
38
32
25
18
12
65
22
97
90
01
29
73
33
6 09
Dues paid in advance, .
Total,
80
48
38
70
78
133
40
127
243
257
394
175
346
445
324
497
562
467
722
895
797
989
770
928
Total
Value.
Shares in
Force.
D a te of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$16,421
9,284
6,912
11,956
12.485
19,906
5.584
16,494
29,257
28,598
39,782
16,180
29,119
33,868
22,122
30,143
29,909
21,467
28,085
28,648
20,156
18,523
9,494
5,651
60
16
96
70
46
11
40
76
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$416.944 00
20
96
18
50
36
95
72
05
64
99
80
95
13
97
10
52
210 00
$490,267 17
Total,
Number of shares issued during the y e a r , ..................................................1,982
Number of shares now in f o r c e , ..................................................................... 9,425
Number of shares now borrowed u p o n ,,............................................................3,344
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
2,296
Number of shares forfeited during the y e a r ,......................................................... 9
Number of shares matured during the year............................................................83
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent. 1
Rate of profits distributed: first term, 2^ per cent.; second term, 2^ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
70,233 17
3,090 OO
$490,267 17
N o. 8.]
SAVINGS BAN K COMMISSIONERS.
Number of members withdrawn during the year, .
.
Present number of members, .
Present number of borrowers, .
Present number of non-borrowers, .
Number of loans secured by first mortgage of real estate,
.
.
.
310
1,162
. 359
. 803
. 281
. 192
Number of loans on shares,
Largest loan to any one member, .
Smallest loan to any one member, .
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : February 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
141
$5,000 00
10 00
.
2,330 63
142
REPORT OF TUE
[Pub. Doc.
L E O M IN S T E R C O -O P E R A T IV E B A N K — LE O M IN ST E R .
Incorporated M ay 8 , 1888.
J
o seph
P.
H
o l m a n
,
Commenced business M ay 18, 1888.
President.
R
o b e r t
R
L .
Ca
r t e r
,
L.
o b e r t
C
a r t e r
,
Secretary.
Treasurer.
Names of security committee:
C
h a r l e s
E .
B
F
ig e l o w
r a n k
,
S.
E
F
b e n
a r n s w o r t h
F .
P
ie r c e
,
.
Regular meetings the third Friday of each month.
B alance Sheet Oct.
A ss et s .
31, 1901.
L ia b il it ie s .
Loans on real estate,
$246,225 00
5,780 00
Loans on shares, .
Unpaid interest,
3,189 50
Unpaid prem ium s,.
35 54
Unpaid fines.................................
122 24
421 82
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$255,777 10
$217,400
36,460
1,194
721
00
80
86
44
$255,777 10
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
1
R e c e ip t s .'
From dues capital,
interest,
premiums, .
fines,
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
matured share account,
temporary expense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rsem en ts .
$62,876
11,869
30
283
31,750
4,035
402
17,122
00
31
30
83
75
00
00
47
25
235 25
4,211 38
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital matured, .
temporary expenses,
interest on retired and
matured shares, .
matured share account,.
Cash on hand Oct. 31, 1904,
$48,827
2.700
32,072
144
12,256
4,508
52
4,866
1,128
25
00
00
00
00
65
41
25
38
437 86
25,398 92
424 82
$132,816 54
$132,816 54
N o. 8.]
143
SAVINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
Kate.
$221,345 00
5 per cent.
2,000 00
L o an s
Re al E st a t e .
Amount.
Rate.
Amount.
$22,880 00
6.3 0 per cent.
$5,780 00
on
Sh a r e s .
Rate.
5 per cent.
6
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
$199
188
177
166
156
146
136
126
117
108
67
27
32
63
27
21
45
95
75
77
100 10
23
24
25
26
27
28
29
30
31
32
33
91
83
75
67
60
52
45
38
31
25
18
12
88
69
67
83
14
63
27
6 07
Dues paid in advance, .
Total,
67
50
54
81
25
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D ate of
I ssue .
N ov .,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
50
79
23
24
63
48
133
53
55
69
197
144
166
176
186
178
238
168
498
370
580
548
545
639
$9,983
14,873
4,078
3,999
9,845
7,018
18,147
6,728
6,476
7,505
19,719
13,200
13,861
13,295
12,612
10,724
12,585
7,675
19,257
11,777
14,581
10,209
6,687
3,878
50
33
36
12
01
08
85
35
25
13
70
48
00
04
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
66
.
36,460 80
6,129 00
50
44
92
66
10
20
24
15
73
1,269 00
$259,989 80
Total,
Number of shares issued during the y e a r , ....................................... 1,371
Number of shares now in f o r c e , ........................................................... 5,230
Number of shares now borrowed u p o n ,................................................. 1,492
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
.
860
Number of shares retired during the y e a r , ................................................. 1
Number of shares matured during the y e a r ,................................................. 85
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$217,400 00
$259,989 80
144
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 158
Present number of m e m b e rs,................................................................................... 784
Present number of borrowers,................................................................................... 197
Present number of non-borrowers,......................................................................... 587
Number of loans secured by first mortgage of real estate,
.
.
. 158
Number of loans on s h a r e s , .................................................................................... 39
Largest loan to any one m e m b e r ,............................................................................... $5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
20 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: M ay 3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
893 13
No. 8.]
SAYINGS BANK COMMISSIONERS.
145
L O W E L L C O -O P E R A T IV E B A N K — L O W E L L .
Incorporated April 29, 1885.
A
r t e m a s
B.
W
o o d w o r t h
,
President.
Commenced business M ay 14, 1885.
W
il l ia m
D.
B
r o w n
,
Secretary and Treasurer.
Names of security committee :
C
h a r l e s
II.
B
S
u r t t
,
o u t h w e l l
S
F
R.
t e p h e n
a r r in g t o n
K
it c h e n
,
.
Regular meetings the first Friday after the tenth of each month.
B alance Sheet Oct.
31, 1904.
L ia b il it ie s .
A ss e t s .
$401,585 00
Loans on real estate,
16,334 00
Loans on shares, .
Permanent expense account,.
27 27
7,143 79
Real estate by foreclosure, .
Unpaid interest,
3,907 34
98 20
Unpaid prem ium s,.
310 91
Unpaid fines.................................
9,252
86
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
Forfeited share account,
.
$364,511
70,155
2,317
1,674
00
61
60
16
1 00
$438,659 37
$438,659 37
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isb u r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
temporary expense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$87,974 00
19,638 30
100 27
648 78
1 75
26,260 00
1,975 00
8,200 00
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital m atured,.
temporary expenses,
real estate by foreclosure,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$75,100 00
12,120 00
00
38,697
204
25,632
5,360
50
10,517
2,042
1,911
9,252
00
00
07
55
72
95
19
86
16,815 00
599 13
7 98
1,239 05
345 00
17,084 08
$180,888 34
$180,888 34
146
REPOET OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates of Interest.
L oans
Amount.
$371,385 00
4,100 00
5,000 00
on
R e al E s t a t e .
L o an s
on
Sh a r e s .
Kate.
Amount.
Kate.
Amount.
Rate.
5.00 per cent.
5.25
5.75
$20,500 00
600 00
6.30 per cent.
6.60
$14,384 00
1,400 00
550 00
5.00 per cent.
5.25
“
6.30
“
Reconciliation o f Share Account with Dues and Profits Capital.
N o v .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M ay,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
s
s
GO
.
.
.
.
.
.
.
.
.
.
•
.
.
.
.
.
.
.
.
.
.
.
.
.
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
aluepe
Sliare
U
D a t e op
I ssue .
$201
189
178
167
156
146
136
127
118
109
100
91
83
75
67
60
52
45
38
31
25
18
12
32
64
39
50
96
75
87
34
02
04
31
84
61
61
87
32
96
77
76
92
22
69
31
6 08
a
b°
ai
76
113
99
141
144
130
180
161
170
184
210
250
191
289
166
561
242
486
433
551
595
588
678
723
j3
«>
O
H
$15,300
21,429
17,660
23,617
22,602
19,077
24,636
20,501
20,063
20,063
21,065
22,960
15,969
21,851
11,266
33,839
12,816
22,244
16,783
17,587
15,005
10,989
8,346
4,395
32
32
61
50
24
50
60
74
40
36
10
00
51
29
42
52
32
22
08
92
90
72
18
84
T o t a l , ........................................ $440,073 61
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
Total,
$364,511 00
70,155 61
5,407 00
$440,073 61
Number of shares issued during the year.......................................................... 1,612
Number of shares now in f o r c e , ..................................................................... 7,361
Number of shares now borrowed u p o n ,........................................................... 2,583
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year,
.
.
.
.
1,109
Number of shares forfeited during the y e a r ,....................................................... 13
Number of shares matured during the year......................................................... 178
Highest rate of premium or interest received on money sold during the y ea r:
5§ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term,
per cen t.: second term, 2| per cent.
Number of members withdrawn during the y e a r ,....................................... 40
Present number of m e m b e r s ,.................................................................................. 993
Present number of borrow ers,...................................................................................336
Present number of non-borrow ers,........................................................................ 657
Number of loans secured by first mortgage of real estate,
.
.
. 287
Number of loans on shares,
.
.
.
"
....................................................... 49
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,747 95
Date of examination by commissioner : M ay 2Ó.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
LYNN
C O -O P E R A TIV E
Incorporated N ov. 18, 1891.
Ja
c o b
M .
L
e w is
,
President.
R
147
BANK — LYNN .
Commenced business N ov. 23, 1891.
a l p h
W .
P
u t n a m
,
Secretary and Treasurer.
Names of security committee:
F
r e d
E .
S.
D . M
W
a y o
h it n e y
,
J. W .
H
,
F .
Sm
A .
a r d in g
it h
,
.
Regular meetings the first Monday of each month.
B alance Sh eet Oct.
A ss e t s .
Loans on real estate,
Loans on shares,
Unpaid interest,
Unpaid fines.................................
Personal accounts,
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$79,065
2,147
104
2
170
3,589
00
00
62
48
00
94
Dues capital,
Profits capital (all series), .
Guaranty fund, .
Surplus.........................................
Forfeited share account,
$85,079 04
$75,411
8,205
226
447
788
00
32
00
81
91
$85,079 04
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
forfeited shares, .
personal accounts,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rsem en ts .
$34,304
3,788
63
6,655
4,400
704
00
39
50
00
00
09
2 00
5,743 32
$55,660 30
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital m atured,.
temporary expenses,
interest on m a t u r e d
Sh R1'6S
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$28,070
2,932
11,654
640
5,145
1,541
64
1,809
162
00
00
00
00
00
02
09
85
95
51 45
3,589 94
$55,660 30
REPORT OF THE
148
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Rate.
$44,600 00
31,115 00
L oans
R eal E st a t e .
Amount.
5 per cent.
5é
“
Amount.
Kate.
6 per cent.
$3,350 00
on
$400 00
1,747 00
Sh a r e s .
Rate.
5 per cent.
5i
“
M ay,
N ov.,
M ay,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov .,
M ay,
1892,
1892,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2
3
4
6
7
8
9
10
11
12
13
14
16
17
18
19
20
21
22
23
24
25
26
Total,
$206
196
185
164
154
145
135
126
117
108
100
95
03
35
70
78
13
67
51
52
73
16
81
70
95
37
99
78
76
90
21
91
75
67
60
52
45
38
31
25
18 68
12 31
6 08
12
5
2
6
3
21
26
21
12
10
5
20
58
12
51
167
84
217
252
286
540
497
767
Value.
Total
Shares in
Force.
D a te of
I ssue.
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$2,483
980
370
988
464
3,047
3,527
2,656
1,410
1,087
500
1,836
4,390
815
3,078
8,849
3,845
8,410
8,038
7,210
10,087
6,118
4,663
40
15
70
20
34
73
42
71
24
30
80
20
60
40
87
33
52
92
80
06
20
07
36
$84,861 32
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
Total,
$75,411 00
8,205 32
1,245 00
$84,861 32
Number of shares issued during the y e a r , ..................................................1,385
Number of shares now in f o r c e , ..................................................................... 3,074
Number of shares now borrowed u p o n ,.........................................................
479
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year.................................................... 485
Number of shares forfeited during the y e a r ,....................................................... 17
Number of shares matured during the y e a r , ....................................................... 35
Highest rate of premium or interest received on money sold during the y ea r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term,
per cent.; second term, 2£ per cent.
Number of members withdrawn during the year........................................... 74
Present number of m e m b e r s ,.................................................................................. 397
Present number of borrow ers,.................................................................................... 69
Present number of non-borrow ers,.........................................................................328
Number of loans secured by first mortgage of real estate,
.
.
.
53
Number of loans on s h a r e s , .....................................................................................23
Largest loan to any one member, .
.
:
..................................................$5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
162 95
Date of examination by commissioner: March 17.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
149
SAYIN GS BANK COMMISSIONERS.
M A L D E N C O -O P E R A T IV E B A N K — M A L D E N .
C
h a r l e s
Incorporated April 27, 1887.
A . S t i l e s , President.
J
Commenced business M ay 9, 1887.
M . C o r b e t t , Secretary and Treasurer.
o h n
Names of security committee:
L
y m a n
H .
R
ic h a r d s
M.
,
S.
W
O ’D
il l ia m
o n n e l l
H . C
o n v e r se
,
.
Regular meetings the second Monday of each month.
B alan ce S heet O ct.
31, 1904.
L ia b il it ie s .
A ss et s .
$390,270 00
Loans on real estate,
34,662 00
Loans on shares, .
Permanent expense account,
208 57
15,042 93
Real estate by foreclosure, .
7,328 00
Mortgages,
.
.
.
.
1,513 05
Unpaid interest,
100 00
Unpaid fines.................................
93 31
Interest and taxes paid,
22,369 99
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$390,026
74,236
2,780
4,533
12
00
21
30
03
31
$471,587 85
$471,587 85
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n t s .
R e c e ip t s .
$102,156 00
From dues capital,
22,481 88
interest,
88 66
premiums, .
511 51
fines,
.
.
.
.
5 75
transfer fees,
35,320 00
real estate loans repaid,
real estate loans elimi4,000 00
nated by foreclosure,
real estate loans eliminated by maturity of
15,550 00
shares,
11,200 00
share loans repaid,
813 59
withdrawal profits,
204 62
forfeited shares, .
real estate by foreclos5,609 97
ure, .
.
.
.
19 97
surplus,
208 16
interest and taxes paid,
33
40
guaranty fund,
48 92
permanent expense,
4,700 00
mortgages, .
7,483 50
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$210,435 93
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured. .
profits capital withdrawn,
profits capital forfeited,.
profits capital matured,
temporary expenses,
forfeited shares,
real estate by foreclosure,
premiums,
interest, .
.
.
.
fines,
.
.
.
.
interest and taxes p a id ,.
guaranty fund,
mortgages,
.
. . .
surplus, .
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$71,750
9,110
42,333
820
36,090
3,803
190
14,151
2,389
212
4,736
7
51
00
00
00
00
00
14
65
76
39
94
07
03
47
20
248
178
1,800
193
22,369
71
58
00
00
99
$210,435 93
[Pub. Doc
REPORT OF THE
150
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
L oans
Real E st a t e .
Amount.
Rate.
Amount.
Rate.
$365,120 00
1,600 00
5.00 per cent.
5.25
“
6.00
“
$19,150 00
1,400 00
800 00
6.30 per cent.
6.60
“
7.20
“
2,200 00
on
S h ar es .
Amount.
$31,937
1,625
350
750
00
00
00
00
Rate.
5.00 per cent.
5.25
“
6.00
«
6.60
“
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
12
13
14
15
16
17
18
19
.
20
21
22
.
.
.
.
.
.
.
.
.
.
.
.
.
23
24
25
26
27
28
29
30
31
32
33
34
35
$198
187
176
165
155
145
135
125
116
107
99
90
82
75
67
59
52
45
38
31
25
18
88
79
85
33
98
89
03
37
87
60
48
54
75
12
63
12 28
6 07
Dues paid in advance, .
Total,
57
04
08
40
03
02
30
Total
Value
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov..
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay.
N o v .,
M ay,
N ov .,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
126
92
$25,019
17,207
17,608
24,810
22,169
26,103
23,948
29,707
26,511
37,855
18,872
21,653
24,203
13,205
27,689
15,206
21,513
11,324
5,125
11,811
15,448
14,345
9,578
5,651
100
150
143
180
177
236
227
351
190
238
292
176
411
254
409
249
133
372
615
770
780
931
82
68
00
00
29
60
10
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
74,236 21
2,603 00
68
33
35
70
24
88
28
07
98
40
52
82
00
80
10
40
17
295 00
$466,865 21
Total,
Number of shares issued during the year.......................................................... 1,800
Number of shares now in f o r c e , ..................................................................... 7,602
Number of shares now borrowed u p o n ,............................................................2,636
Largest number of shares held by any one member.....................................25
Number of shares withdrawn during the y e a r , ........................................... 776
Number of shares forfeited during the y e a r , ....................................................... 30
Number of shares matured during the y e a r , ..................................................... 250
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Hate of profits distributed : first term, 2| per cent.; second term, 2 | per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$390,026 00
$466,865 21
No. 8.]
SAY IN G S BAN K COMMISSIONERS.
151
Number of members withdrawn during the y e a r ,....................................... 114
Present number of m e m b e r s ,.................................................................................. 987
Present number of borrowers,.................................................................................. 319
Present number of non-borrow ers,.........................................................................668
Number of loans secured by first mortgage of real estate,
.
.
• 271
Number of loans on s h a r e s , .................................................................................. 176
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : January 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
152
M A N SF IE L D C O -O P E R A T IV E B A N K — M A N SF IE L D .
Incorporated March 10, 1883.
D
a v id
E.
H
a r d in g
,
Commenced business March 21,1883.
President.
A
B.
l f r e d
D
,
a y
Secretary and Treasurer.
Names of security committee :
Sa
C.
m u e l
L
o v e l l
W
,
il l ia m
Ja
C.
W
A .
m e s
in t e r
W
h e e l e r
,
.
Regular meetings the third Wednesday of each month.
B a la n c e Sh ee t Oc t .
31, 1904.
L ia b il it ie s .
A ss et s .
$204,100 00
Loans on real estate,
7,365 00
Loans on shares, .
220 00
Permanent expense account,
2,429 70
Real estate by foreclosure,
.
3,800 00
Mortgages,
.
.
.
.
Unpaid interest,
1,427 75
30 46
Unpaid premiums,
45 58
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
40,395 41
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$212,253
43,925
1,600
2,034
00
97
00
93
$259,813 90
$259,813 90
Detailed Statement o f Beceipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isb u r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$48,809
13,660
265
129
00
91
19
80
35
47,900 00
5,400 00
12,700 00
488 61
2,348 18
800 00
47,952 68
$180,454 72
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital m atured,.
temporary expenses,
permanent expenses,
real estate by foreclosure,
mortgages,
Cash on hand Oct. 31, 1904,
$48,000
11,140
30,191
6,588
24,910
4,885
2,508
10,230
907
60
238
400
40,395
00
00
00
00
00
41
44
11
30
90
15
00
41
$180,454 72
153
SAYINGS BAN K COMMISSIONERS.
No. 8.]
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
L oans
R e a l E st a t e .
Rate.
Amount.
Rate.
6.12 per cent.
$ 1,200 00
6.24 per cent.
Amount.
$202,900 00
on
on
Rate.
Amount.
$7,365 00
Sh a r e s .
6.48 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
$202
190
179
168
158
148
138
128
119
110
101
92
84
76
19
77
70
95
50
30
42
80
45
33
49
88
51
37
68 44
60
53
45
38
31
25
18
12
68
30
6 08
Dues paid in advance, .
Total,
74
25
95
85
94
22
Total
Value.
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
43
115
49
143
70
67
24
30
83
158
57
233
70
239
199
236
260
256
183
365
174
263
206
542
$8,694
21,938
8,805
24,159
11,095
9,936
3,322
3,864
9,914
17,432
5,784
21,641
5,915
18,252
13,619
14,334
13,845
11,763
7,109
11,658
4,388
4,912
2.533
3,295
17
55
30
85
00
10
08
00
35
14
93
04
70
43
56
64
00
20
55
10
28
84
80
36
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$212,253 00
43,925 97
2,076 00
39 00
$258,254 97
Total,
$258,254 97
Number of shares issued during the y e a r , ..................................................... 813
Number of shares now in f o r c e , .....................................................................4,065
Number of shares now borrowed u p o n ,............................................................1,488
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 721
Number of shares retired during the y e a r , ....................................................... 48
Number of shares matured during the year,
. .
.
.
.
. 173
Highest rate of premium or interest received on money sold during the y ea r:
6 i%8(j per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the year........................................... 79
Present number of m e m b e r s ,.................................................................................. 572
Present number of borrowers,.................................................................................. 219
Present number of non-borrowers............................................................................353
Number of loans secured by first mortgage of real estate,
.
.
. 215
Number of loans on s h a r e s , .................................................................................... 73
Largest loan to any one m e m b e r ,...............................................................................$4,400 00
Smallest loan to any one m e m b e r,...............................................................................
10 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
948 20
Date of examination by commissioner : February 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
154
REPORT OF THE
[Pub. Doc.
M A R B L E H E A D C O -O P E R A T IV E B A N K — M A R B L E H E A D .
Commenced business M ay 6 , 1886.
Incorporated M ay 5, 1886.
J
o h n
L
a .n c t
,
President.
B
e n j a m in
C
o l e
Secretary and Treasurer.
, J r .,
Names of security committee :
J
o h n
L
a n c y
,
H
F
r a n k
M
e n r y
il l e t t
O.
Sy
m o n d s
,
.
Regular meetings the first Thursday of each month.
B alance
Sheet Oct.
A ssets.
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Real estate by foreclosure,
Unpaid interest,
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
Taxes paid,
.
.
.
.
City bonds.....................................
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$57,250 00
800 00
100 00
8,679
420
14
44
36
13,246
4,252
22
91
25
82
10
Dues capital,
Profits capital (all series), .
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Retired and matured share
account,
.
.
.
.
$69,529
11,427
397
2,957
25
00
06
64
78
11
507 77
88
18
$84,844 36
$84,844 36
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isb u r se m e n t s .
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans elimmated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate bv foreclosure, .
.
.
.
retired share account, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,534
3,807
193
165
00
19
58
83
75
4,850 00
1,800 00
11,630 00
159 41
553
128
28
3,077
50
41
12
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital matured,
temporary expenses,
interest on retired shares,
real estate by foreclosure,
personal accounts,.
city bonds,
taxes,
.
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$3,000
4,740
5,302
9,163
2,736
630
1,524
1,094
418
162
497
124
13,246
36
4,252
00
00
00
00
00
81
10
59
12
61
20
47
88
10
18
27
$46,928 06
$46,928 06
No. 8.]
155
SAYIN GS BANK COMMISSIONERS.
Total Amount of Loans at Specified Rates o f Interest.
L o an s
on
L o an s
R e al E st a t e .
on
S h ar es .
Amount.
Amount.
Rate.
Amount.
Rate.
$56,050 00
6.30 per cent.
$ 1,200 00
6.60 per cent.
$800 00
Rate.
6.30 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
14
15
16
17
18
19
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
$201 02
189
178
167
157
147
127
118
109
100
92
84
76
60
53
78
31
16
77
52
52
77
27
01
00
68 20
60
53
45
38
31
25
18
12
60
18
94
88
99
27
72
33
6 09
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D ate of
I ssu e .
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
M ay,
N ov.,
M ay,
N ov ,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Value per
Share.
1
Reconciliation o f Share Account with Dues and Profits Capital.
23
13
24
9
5
$4,623
2,464
4,284
1,510
786
3,090
3,322
2,844
2,847
1,511
6,735
2,268
4,484
4,705
8,059
2,127
4,410
5,598
4,734
4,068
2,976
2,416
1,467
21
26
24
26
15
73
27
59
69
133
40
96
144
148
161
159
196
241
T o t a l , .......................................
46
80
72
02
55
36
02
48
52
55
71
27
00
80
80
20
24
72
52
47
48
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
11,427 06
383 00
68
69
$81,339 06
Total,
Number of shares issued during the year..............................................................442
Number of shares now in f o r c e , ......................................................................1,732
Number of shares now borrowed u p o n ,...............................................................312
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ............................................ 131
Number of shares retired during the y e a r , ..................................................... 117
Number of shares matured during the year...........................................
.1 9
Highest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2£ per cent. ; second term, 2J per cent.
Number of members withdrawn during the y e a r ,....................................... 36
Present number of m e m b e r s ,.................................................................................. 362
Present number of borrowers,.
.
.
................................................. 52
Present number of non-borrowers............................................................................310
Number of loans secured by first mortgage of real estate,
.
.
.5 7
Number of loans on s h a r e s , .......................................................................................3
Largest loan to any one m e m b e r ,..............................................................................
Smallest loan to any one member, .
.
.
.
.
.
.
.
.
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Hate of examination by commissioner : August 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$69,529 00
$81,339 06
$4,000 00
50 00
418 12
[Pub. Doc.
REPORT OF THE
156
M AR LB O R O U G H C O -O P E R A T IV E B A N K — M A R L
BOROUGH.
Incorporated April 16, 1890.
E
u g e n e
0.
B
r ig h a m
,
Commenced business M ay 1, 1890.
C. B .
President.
R
u s s e l l
,
Secretary and Treasurer.
Names of security committee :
G. A . St ac y ,
J. F . J. O t t e r s o n ,
. M . J.
W . H . H il l ,
J. E . W a r r e n
B
u c k l e y
,
.
Regular meetings the second Thursday of each month.
B alance
S h e e t O c t . 31 , 1904 .
L ia b il it ie s .
A ss et s .
$142,875 00
Loans on real estate,
8,230 00
Loans on shares, .
370 54
Temporary expense account.
Real estate by foreclosure,
.
3,267 77
757 45
Unpaid interest,
11 67
Unpaid premiums,
119 74
Unpaid fines, .
.
.
.
63 56
Real estate expense account,
100 00
Furniture and fixtures, .
100 82
T ax account.................................
15.000 00
City and town notes,
15,040 41
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Forfeiture profits,
Guaranty fund,
.
Surplus,
.
.
.
.
Forfeited share account,
R e n t s , ........................................
$154,926
21,362
4,274
11
239
00
62
51
51
18
1 00
159
28
1,496
3,180
149
108
16
83
52
15
48
00
$185,936 96
$185,936 96
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
personal accounts,
rents, .
.
.
.
taxes, .
.
.
.
city and town notes,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$41,093
8,205
16
356
00
41
73
14
2 00
11,650 00
900 00
8,800
5,760
251
36
156
00
00
12
23
74
131 21
27 50
216 00
200 62
15,000 00
14,080 10
$106,882 80
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure,
.
.
.
.
personal accounts,
real estate expense,
taxes,
.
.
.
.
city and town notes,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$23,700
5,080
12,787
643
11,631
1,256
181
4,194
645
156
00
00
00
00
00
47
21
27
57
74
150 27
1,098
27
95
194
30,000
15,040
98
50
41
97
00
41
$106,882 80
157
SAYINGS BANK COMMISSIONERS.
No. 8.]
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L oans
R e al E s t a t e .
on
Sh a k e s .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$136,425 00
250 00
5.00 per cent.
5.25
“
$ 6,200 00
6.30 per cent.
$8,170 00
60 00
5.00 per cent.
7.20
.
.
.
.
6
11
7
$ 1 9 1 57
1 80 81
49
8
170 33
15
9
160
Total
Value.
$ 2 ,1 0 7 2 7
8 ,8 5 9 6 9
2 ,5 5 4
95
14
70
1 1 ,2 0 9
80
.
10
150 28
68
1 0 ,2 1 9
04
.
.
.
.
.
.
.
.
.
.
.
11
12
140 69
79
1 1 ,1 1 4 5 1
131 41
79
1 0 ,3 8 1
39
13
122 38
51
6 ,2 4 1
38
14
15
113
59
105 07
96 82
'4 5
68
80
7 ,7 4 5 6 0
8 8 81
55
4 ,8 8 4
81
00
82
6 ,6 4 2 0 0
19
7 3 38
111
8 ,1 4 5
20
65 94
126
8 ,3 0 8
44
144
8 ,4 4 8
48
126
145
6 ,4 9 6
56
6 ,4 6 8
45
.
21
22
58 67
51 56
.
.
23
24
4 4 61
.
.
.
.
.
25
00
2 1 ,3 6 2
62
1 ,2 2 0 0 0
18
37 81
3 1 16
2 4 66
398
1 5 ,0 4 8
350
1 0 ,9 0 6
00
352
8 ,6 8 0
32
27
28
18 30
344
6 ,2 9 5
20
12 08
214
2 .5 8 5
12
29
6 00
285
1 ,7 1 0 0 0
38
200 00
$ 1 7 7 ,5 0 8 6 2
Total,
Number of shares issued during the y e a r , ......................................................546
Number of shares now in f o r c e , ..................................................................... 3,347
Number of shares now borrowed u p o n ,............................................................... 958
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 436
Number of shares forfeited during the y e a r ,....................................................... 13
Number of shares matured during the y e a r ,....................................................... 79
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2^ per cent.; second term, 2J per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 1 5 4 ,9 2 6
55
26
•
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
5 ,1 1 1 5 5
7 ,1 4 4 7 6
17
18
16
Dues paid in advance, .
Total,
Shares in
Force.
Series.
D ate of
Issu e .
N ov., 1 8 9 2 ,
M ay, 1 8 9 3 ,
N ov.. 1 8 9 3 ,
M ay, 1 8 9 4 ,
Nov , 1 8 9 4 ,
M ay, 1 8 9 5 ,
N ov., 1 8 9 5 ,
M ay, 1 8 9 6 ,
N ov ., 1 8 9 6 ,
M ay, 1 8 9 7 ,
N ov., 1 8 9 7 ,
M ay, 1 8 9 8 ,
N ov., 1 8 9 8 ,
M ay, 1 8 9 9 ,
N ov., 1 8 9 9 ,
M ay, 1 9 0 0 ,
N ov., 1 9 0 0 ,
M ay, 1 9 0 1 ,
N ov., 1 9 0 1 ,
M ay, 1 9 0 2 ,
N ov , 1 9 0 2 ,
M ay, 1 9 0 3 ,
N ov., 1 9 0 3 ,
M ay, 1 9 0 4 ,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
$ 1 7 7 ,5 0 8
62
158
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................73
Present number of m e m b e r s ,...................................................................................561
Present number of b o r r o w e r s , ......................................................................... 170
Present number of non-borrowers............................................................................391
Number of loans secured by first mortgage of real estate, .
.
. 164
Number of loans on s h a r e s , ..................................................................................... 58
Largest loan to any one m e m b e r ,............................................................................... $4,600 00
Smallest loan to any one m em b e r,...............................................................................
lOfOO
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : February 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
645 57
N o. 8.]
159
SAYINGS BAN K COMMISSIONERS.
M E C H A N IC S ’ C O -O P E R A T IV E B A N K — T A U N T O N .
Incorporated Sept. 14, 1877.
W
il l ia m
H . L
e w is
President.
,
E
Commenced business Sept. 17, 1877.
d w a r d
S.
H
e r s e y
Secretary and Treasurer.
,
Names of security committee :
C
y r u s
Sa
v a g e
,
W
J
o n a t h a n
J.
il l ia m
G
r e e n
H .
P
l e a d w e l l
,
.
Regular meetings the first Monday after the fifteenth of each month.
B a l a n c e Sh e e t O c t.
31, 1904.
L ia b il it ie s .
A ss et s .
$493,105 00
Loans on real estate,
20,637 00
Loans on shares, .
154 14
Permanent expense account,
700 06
Temporary expense account,
8,476 25
Real estate by foreclosure,
40 00
Mortgages,
.
.
.
.
4,520 00
Unpaid dues.................................
2,863 52
Unpaid interest,
63 99
Unpaid prem ium s,.
508 67
Unpaid fines, .
.
.
.
4,473 00
Cash in hands of treasurer, .
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Guaranty fund,
.
Surplus,
.
.
.
.
Forfeited share account,
Advance payments,
$448,210 00
68,614 50
8,831 07
1 81
346 35
4,823 73
4,191 93
15 98
506 26
$535,541 63
$535,541 63
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
$108,488 00
From dues capital,.
21,084 90
interest,
15 96
premiums, .
11 46
fines,
.
.
.
.
107,345 00
real estate loans repaid,
real estate loans elimi1,000 00
nated by foreclosure,
real estate loans eliminated by maturity
5,600 00
of shares, .
15,778 00
share loans repaid,
818 70
forfeited shares, .
real estate by foreclos1,592 25
ure, .
.
.
.
18,150 36
matured share account,
9,453 88
advance payments,
7,595 65
suspense account,
35 00
mortgages, .
14,533 00
unpaid dues,
45 55
guaranty fund,
5,026 89
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$316,574 60
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital matured,
temporary expenses,
permanent expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
matured share account,.
advance payments,
mortgages,
Cash on hand Oct. 31, 1904, .
$122,260
' 20,965
67,389
620
29,545
12,816
8,896
198
9,589
5,334
1,510
154
818
600
1,510
18,150
00
00
00
00
00
00
34
70
90
36
98
14
70
92
93
36
11,666 27
75 00
4,473 00
$316,574 60
160
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
Amount.
$487,105 00
on
R eal E st a t e .
L o an s
on
Sh a k e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.30 per cent.
$ 6,000 00
6.30 per cent.
$20,637 00
5.30 per cent.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
$196
184
173
163
152
142
133
123
114
105
96
88
80
72
64
57
49
42
36
29
22
16
10
4
09
78
82
19
86
83
08
59
41
51
85
46
29
35
67
22
98
92
03
29
73
33
09
00
Total
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,
Shares in
Force.
D a t e of
I ss u e .
Value per
Share.
Series.
Beconciliation of Share Account with Dues and Profits Capital.
51
129
118
75
142
72
139
55
118
136
405
132
139
751
1,191
821
462
685
970
354
456
607
494
409
$10,000
23,836
20,510
12,239
21,706
10,283
18,498
6,797
13,500
14,349
39,224
11,676
11,160
54,334
77,021
46,977
23,090
29,400
34,949
10.368
10,364
9,912
4,984
1,636
59
62
76
25
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
68,614 50
12
76
12
45
38
36
25
72
31
85
97
62
76
20
10
66
88
31
46
00
Total................................................ $516,824 50
Total,
.
.
.
Number of shares issued during the y e a r , ....................................... 1,143
Number of shares now in f o r c e , ........................................................... 8,911
Number of shares now borrowed u p o n ,................................................. 3,150
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year,
.
.
.
.
1,286
Number of shares forfeited during the y e a r ,................................................. 5
Number of shares retired during the y e a r , ................................................. 216
Number of shares matured during the year..................................................... 89
Highest rate of premium or interest received on money sold during the y e a r:
per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 ^ per cent.
Rate of profits distributed; first term, 2| per cent; second term, 2|per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$448,210 00
$516,824 50
No. 8.]
SAVIN GS BAN K COMMISSIONERS.
161
Number of members withdrawn during the y e a r ,....................................... 132
Present number of m e m b e r s ,............................................................................... 1,257
Present number of borrowers,.................................................................................. 474
Present number of non-borrowers,.........................................................................783
Number of loans secured by first mortgage of real estate,
.
.
. 361
Number of loans on s h a r e s , ...................................................................................113
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : April 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
10 00
1,510 98
1(32
[Pub. Doc
REPORT OF THE
M EDFORD C O -O P E R A T IV E B A N K - M ED FORD.
Incorporated June 21, 1886.
D
a n a
I.
M
c
I
n t ir e
,
President.
Commenced business July 7, 1886.
Ja
m e s
S.
S
t u r t e v a n t
,
Secretary and Treasurer.
Names of security committee :
C
J
h a r l e s
o h n
C
S. T
a y l o r
r o w l e y
,
J
,
L
o se p h
W
e w is
H . L
a l t e r
o y e r in g
E .
F.
O
b e r
C
,
u s h in g
,
.
Regular meetings the first Wednesday of each month.
B a l a n c e S h e e t O c t . 31 , 1904.
ASSETS.
L ia b il it ie s .
$457,475 00
Loans on real estate,
42,150 00
Loans on shares, .
Permanent expense account,.
506 34
3,300 00
Real estate by foreclosure, .
Unpaid interest,
.
.
1,045 97
15
Unpaid prem ium s,.
143 50
Unpaid fines, .
.
.
.
12,406 95
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
.
.
.
Personal accounts,
.
$517,027 91
$425,533
84,768
2,732
3,617
375
00
80
41
94
76
$517,027 91
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans elimi
nated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
personal accounts,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$99,078
25,041
26
566
5
39,950
00
29
90
36
50
00
11,000 00
00
20,800
1,477
44
375
30
2,460
41
21
00
00
02
$200,854 69
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital matured,
temporary expenses,
permanent expenses,
interest repaid,
Cash on hand Oct. 31, 1904,
$84,375
17,800
34,337
619
30,285
5,910
176
13,000
1,816
79
13
34
12,406
00
00
00
00
00
30
84
92
67
11
52
38
95
$200,854 69
No. 8.]
163
SAVIN G S BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
$383,275
31,500
25,000
3,500
00
00
00
00
on
L o an s
Re a l E s t a t e .
' Rate.
Rate.
Amount.
5.00 per cent.
5.25
“
5.50
5.75
$9,600 00
2,600 00
2,000 00
Sh a r e s .
Rate.
Amount.
6.00 per cent.
6.30
6.60
on
“
$15,700
20,500
3,050
2,900
00
00
00
00
5.00 per cent.
5.25 . «
5.50
“
5.75
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
15
16
17
18
19
20
21
22
$194
182
171
160
150
139
129
120
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
30
69
41
53
06
80
72
14
110 81
101 80
93 11
84 68
76 53
68 57
60 88
53 37
46 06
38 96
32 05
25 31
18 72
12 32
6 08
Dues paid in advance, .
Total,
Total
Value.
Shares in
Force
Series.
D a t e of
I ssue .
M ay,
Nov..
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
108 $20,984 40
114
20,826 66
150
25,711 50
141
22,634 73
188
28,211 28
154
21,529 20
30,354 48
234
22,225 90
185
346
38,340 26
38,480 40
378
243
22.625 73
276
23,371 68
294 . 22,499 82
23,039 52
336
22,282 08
366
468
24,977 16
542
24,964 52
513
19,986 48
604
19.358 20
615
15,565 65
613
11,475 36
606
7,465 92
946
5,751 68
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
Suspense profits, .
84,768 80
1,830 00
825 81
295 00
$512,957 61
Total,
Number of shares issued during the y e a r , ..................................................1,630
Number of shares now in f o r c e , ..................................................................... 8,420
Number of shares now borrowed u p o n ,............................................................3,261
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 724
Number of shares forfeited during the y e a r ,......................................................... 7
Number of shares matured during the y e a r , ..................................................... 212
Highest rate of premium or interest received on money sold during the year,
6i| per cent.
Lowest rate of premium or interest received on money sold during the year,
5 per cent.
Rate of profits distributed : first term, 2| per cent.; second term, 2 ^ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$425,533 00
$512,957 61
164
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 83
Present number of m e m b e r s ,.................................................................................. 849
Present number of borrowers,...................................................................................275
Present number of non-borrowers,.........................................................................574
Number of loans secured by first mortgage of real estate,
.
.
.238
Number of loans on s h a r e s , ...................................................................................161
Largest loan to any one member....................................................... •
$5,000 00
Smallest loan to any one m e m b e r ,.....................................................
.
.
.
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,933 55
Date of examination by commissioner : M ay 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
SAYINGS BANK COMMISSIONERS.
No. 8.]
165
M E L R O S E CO--O P E R A T IV E B A N K — M E L R O S E .
Incorporated April 4, 1890.
L
e v i
S.
G
o u l ii,
Commenced business April 20, 1890.
President.
J
C
o h n
P.
D
e e r in g
,
G.
h a r l e s
S
c h a e d e l
,
Secretary.
Treasurer.
•
Names of security committee :
F
r a n k
R .
U
p h a m
S
J
,
t e p h e n
A.
L
o h n
o v e jo y
P.
D
e e r in g
,
.
Regular meetings the first Friday of each month.
B a l a n c e S h e e t O c t . 31 , 1904 .
L ia b il it ie s .
A ssets .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Temporary expense account,
Real estate by foreclosure, .
Cash in hands of treasurer, .
$41,000 00
4,190 00
69 66
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
2 10
5,768 02
1,900 05
$45,420
6,741
3
5
00
02
91
59
81
26
94
30
1
468
278
10
$52,929 83
$52,929 83
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines....................................
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31,1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$13,081
2,404
34
79
1,800
00
09
20
94
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured,
temporary expenses,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
00
1,020 00
21 60
1,122 35
1,056 21
$20,619 39
J
$7,100
500
6,595
2,265
1,003
774
188
00
00
00
00
84
80
98
291 72
1,900 05
$20,619 39
[Pub. Doc
REPORT OF THE
166
Total Amount o f Loam at Specified Rates o f Interest.
L o an s
on
L o an s
He a l Es t a t e .
on
Sh a r e s .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$18,400 00
11,900 00
5.00 per cent.
5.5 0
“
$9,500 00
6.00 per cent.
$3,550 00
640 00
5.00 per cent.
1,200 00
6.30
6.00
Shares in
Force.
Total
Value.
10
5
$984
75
11
191 63
5
958
15
1893, .
1893, .
13
181
62
5
908
10
15
5
859 05
1894, .
17
20
171 81
162 28
2
3 24 56
890 34
5 ,3 2 2 0 8
1895, .
Series.
1892, .
1892, .
D ate of
I ssu e.
July,
Oct.,
Apr.,
Oct.,
Apr.,
Jan.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
$196
75
148 39
6
1895, .
21
143 84
1895, .
22
1 34 87
37
1
1896, .
23
24
126
14
35
1897, .
25
117 52
109 12
23
42
1897, .
1898, .
26
100 6 8
19
27
28
92 38
14
1898, .
84 29
1899, .
29
76 38
13
42
1896, .
2 ,7 0 2
96
4 ,5 8 3
1 ,9 1 1
04
92
1 ,2 9 3
32
1 ,0 9 5
77
3 ,2 0 7
1 ,9 9 1
96
72
1899, .
30
68 68
29
31
1900, .
32
61 17
53 86
28
1 ,5 0 8
08
1901, .
33
46 70
75
3 ,5 0 2
50
1901, .
34
39 70
97
100
3 ,8 5 0
90
3 ,2 8 5
2 ,5 1 5
00
20
2 ,8 9 2
96
1902, .
35
32 85
36
1903, .
37
26 20
19 68
1903, .
38
13 31
147
123
1904, .
39
88
1904, .
40
7 08
1 00
1 ,6 3 7 1 3
623 04
76
76 00
Dues paid in advance, .
Total,
02
362 00
70 00
$ 5 2 ,5 2 3
02
Total,
$ 5 2 ,5 2 3
Number of shares issued during the y e a r , ................................................. 202
Number of shares now in f o r c e , ........................................................... 1,129
Number of shares now borrowed u p o n ,...........................................................268
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the y e a r , ....................................... 136
Number of shares matured during the y e a r ,................................................. 15
Highest rate of premium or interest received on money sold during the y ea r:
5£ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent,; second term,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
6 ,7 4 1
978 72
1902, .
96
$ 4 5 ,4 2 0
1 34 87
4 ,4 1 4 9 0
1900, .
16
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
per cent.
02
No. 8.]
SAYINGS BANK COMMISSIONERS.
187
Number of members withdrawn during the year.......................................... 18
Present number of m e m b e rs,................................................................................... 180
Present number of b o r r o w e r s , ...........................................................................38
Present number of non-borrowers,.........................................................................142
Number of loans secured by first mortgage of real estate,
.
.
.
35
Number of loans on s h a r e s , .......................................................................................7
Largest loan to any one m e m b e r ,...............................................................................$4,900 00
Smallest loan to any one m em b e r,..............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
188 98
Date of examination by commissioner: April 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
168
M E R C H A N T S ’ C O -O P E R A T IV E B A N K — BOSTON.
Incorporated Dec. 20, 1881.
E
d w a r d
W .
H
o w e
,
President.
Commenced business February, 1882.
A
l b e r t
E .
D
u f e il l
,
Secretary and Treasurer.
Names of security committee :
G
e o r g e
A
l b e r t
T.
S.
B
P
o sso n
,
a r so n s
J.
J
,
H
F
a r r is
A
u b in
o h n
r a n k
B
u t l a n d
M.
P
,
e r r y
,
.
Regular meetings the second Monday of each month.
Balan c e Sh eet
Oct. 31, 1904.
L i a b il it ie s .
A ss e t s .
$1,408,750 00
Loans on real estate, .
92,950 00
Loans on shares, .
2,729 87
Temporary expense account,
50,794 21
Mortgages, .
.
.
.
163 13
T ax titles,
.
.
.
.
9,622 71
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Fines, .
.
.
.
.
.
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Insurance account,
.
$1,322,131
190,056
26,559
60
783
11
1,291
13,789
8,102
1,923
300
00
80
28
40
62
75
39
33
99
36
00
$1,565,009 92
$1,565,009 92
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
$351,131 00
From dues capital,
73,790 19
interest,
211 25
premiums, .
3,173 22
fines,
.
.
.
.
20 50
transfer fees,
139,480 00
real estate loans repaid,
real estate loans elimi12,000 00
nated by foreclosure,
real estate loans eliminated by maturity of
8,600 00
shares,
44,910 00
share loans repaid,
2,245 49
withdrawal profits,
55 58
forfeiture profits, .
forfeited shares, .
2,768 57
real estate by foreclos18,616 62
ure...................................
369 99
suspense account,
2 05
surplus account, .
1,023 00
insurance account,
8,902 57
mortgages, .
temporary expense ac143 06
count,
60 62
tax titles,
10,998 43
Cash on hand Oct. 31, 1903, .
$373,200 00
For real estate loans, .
64,110 00
share loans, .
134,539 00
dues capital withdrawn,
2,527 0O
dues capital forfeited, .
25,909 00
dues capital matured, .
20,313 86
profits capital withdrawn,
336 03
profits capital forfeited,.
10,839 99
profits capital m atured,.
7,175 04
temporary expenses,
2,449 13
forfeited shares,
18,616 62
real estate by foreclosure,
723 00
insurance account,
1,529 58
surplus account, .
42 61
interest account,
184 30
tax titles,
10
fines account,
40
withdrawal profits,
369 99
suspense account, .
4,200 00
mortgages,
1,813 78
guaranty fund,
9,622 71
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$678,502 14
$678,502 14
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
169
SAVINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Lates o f Interest.
L eans
on
L o an s
R e a l E st a t e .
on
Sh a k e s .
Amount.
Rate.
Amount.
Kate.
Amount.
Rate.
$1.307,690 00
45,400 00
5.00 per cent.
5.25
“
$2,160 00
53,500 00
5.50 per cent.
6.30
$90,370 00
2,200 00
330 00
50 00
5.00 per cent.
5.25
“
5.75
“
6.00 “
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
$196
185
174
163
152
142
133
123
114
105
97
89
81
73
65
58
50
43
37
30
23
17
11
5
Dues paid in advance, .
Total,
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
L a te of
I ssu e .
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
D ec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec .
June,
Dec.,
June,
Value per
Share.
Leconciliation o f Share Account with Dues and Profits Capital.
126
69
183
17
145
04
136
32
88
195
135
82
438
11
661
72
992
65
84 1,104
32 1,696
884
04
02 1,243
781
22
62 1,018
20 1,071
96 1,371
90 1,904
01 2,309
29 2,597
73 2,308
33 2,637
09 2,708
00 3,356
$24,782
33,886
25,235
22,211
29,811
19,280
58,302
81,778
113,732
116,847
165,054
78,711
100,707
57,184
66,801
62,332
69,866
83,585
85,456
78,663
54,768
45,699
30,031
16,780
94
11
80
52
60
70
18
92
80
36
72
36
86
82
16
20
16
60
09
13
84
21
72
00
Dues capital, as per gen$1,322,131 00
eral ledger,.
Profits capital, as per
190,056 80
general ledger, .
11,074 00
Unpaid dues, .
1,749 00
$1,523,261 80
Total,
$1,523,261 80
Number of shares issued during the y e a r , ................................................. 6,928
Number of shares now in f o r c e , ...........................................................
29,998
Number of shares now borrowed u p o n ,..........................................................10,045
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
3,904
Number of shares forfeited during the y e a r , ..................................................... 110
Number of shares matured during the y e a r , ......................................................180
Highest rate of premium or interest received on money sold during the y e a r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2^ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
170
REPORT OF THE
Number of members withdrawn during the year, .
.
.
.
Present number of members..........................................................................
Present number of borrow ers,.....................................................................
Present number of non-borrow ers,...........................................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , .....................................................................
[Pub. Doc.
. 396
3,100
. 870
2,230
. 651
. 420
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r ,...........................................................
Am ount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : September 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
50
.
00
00
7,031 98
No. 8.]
171
SAVINGS BANK COMMISSIONERS.
M ER 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 .
Incorporated April 2, 1892.
J.
J.
M
a h o n e y
Commenced business April 28, 1892.
President.
,
C.
C.
A.
M
c
C
a r t h y
,
J.
C
P.
W
o r c o k a n
,
Secretary.
Treasurer.
Names of security committee :
Ja
m e s
A.
B
r o g a n
J
E.
,
a m e s
C.
C
o r c o r a n
h it e
,
.
Regular meetings the first Friday of each month.
Balan c e
S h e e t O c t . 3 1 , 1904.
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Permanent expense account, .
Unpaid interest,
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
Cash in hands of secretary, .
Cash in hands of treasurer, .
$56,564
4,230
151
1,200
3
577
440
3,349
71
00
55
50
30
48
83
15
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
-.
.
.
Forfeited share account,
.
.
$49,550
10,902
1,084
3,319
1,661
00
57
55
04
36
$66,517 52
$66,517 52
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$14,177
3,793
63
568
00
71
40
84
50
10,920 29
1,845 00
255 12
206 88
2,156 62
7,026 64
$41,014 00
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
Cash on hand Oct. 31, 1904,.
$10,750
4,595
8,316
3,321
3,209
1,440
1,027
1,268
1,376
641
91
1,188
3,789
00
00
00
00
00
00
01
01
09
55
50
86
98
$41,014 00
172
[Pub. Doc.
REPORT OF THE
Toted Amount o f Loans at Specified Bates o f Interest.
L oans
Amount.
on
Rate.
6 per cent.
$46,164 71
L o an s
Re a l E s t a t e .
on
Amount.
Amount.
Rate.
$10,400 00
6.3 0 per cent.
$4,230 00
Sh a r e s .
Rate.
6 per cent.
M ay,
N ov.,
M ay,
N o v .,
N ov .,
M ay,
Nov ,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
1893,
1893,
1894,
1894,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
$197
186
174
163
142
132
122
113
104
95
86
78
69
61
54
46
39
32
25
18
12
6 10
Dues paid in advance, .
Total,
95
28
94
92
83
75
96
46
23
27
57
13
93
97
24
74
46
39
52
85
38
25
5
23
21
5
44
38
51
8
13
25
39
43
26
38
84
91
88
81
181
91
65
Total
Value.
Shares in
Force.
L ate op
Issue.
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$4,948
931
4,023
3,442
714
5,841
4,672
5,786
833
1,238
2,164
3,047
3,006
1,611
2,061
3,926
3,590
2,850
2,067
3,411
1,126
396
75
40
62
32
15
00
48
46
84
51
25
07
99
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$49,550 00
10,902 57
1,300 00
22
12
16
86
32
12
85
58
50
60 00
$61,752 57
Total,
$61,752 57
Number of shares issued during the y e a r , ................................................. 201
Number of shares now in f o r c e , ........................................................... 1,085
Number of shares now borrowed u p o n ,........................................................... 371
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 337
Number of shares forfeited during the y e a r ,................................................. 109
Number of shares retired during the y e a r , ................................................. 23
Number of shares matured during the y e a r ,................................................. 10
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 15
Present number of m e m b e r s ,...................................................................................142
Present number of b o r r o w e r s , ...........................................................................44
Present number of non-borrowers,...........................................................................98
Number of loans secured by first mortgage of real estate,
.
.
.
32
Number of loans on s h a r e s , .....................................................................................12
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r,...............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
127 03
Date of examination by commissioner : M ay 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BAN K COMMISSIONERS.
M ID D LEB O R O U G H C O -O P E R A T IV E B A N K — M ID D L E BOROUGH.
Incorporated M ay 1, 1889.
W
a r r e n
H.
S
o u t h w o r t h
,
Commenced business M ay 21, 1889.
President.
J
o seph
E.
B
e a l s
,
Secretary and Treasurer.
Names of security committee:
W
a r r e n
H . S
o u t h w o r t h
H
e n r y
,
J
W . S
e a r s
o seph
E.
B
e a l s
,
.
Regular meetings the third Tuesday of each month.
Balan ce Sheet Oct.
31, 1904.
A ss et s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Mortgages,
.
.
.
.
Unpaid interest,
Unpaid fines, .
.
.
.
Furniture and fixtures, .
Cash in hands of treasurer,
L ia b il it ie s .
$213,150
1,850
5,693
.
2,450
883
118
70
.
7,879
00
00
10
00
76
52
00
01
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Guaranty fund, .
Surplus,
.
.
.
.
U n c o m p l e t e d mortgage
lo a n s ,.......................................
$232,094 39
$190,812
36,686
33
1,033
2,828
00
49
57
49
84
700 00
$232,094 39
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
„
R ece ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
personal account,
unfinished loans, .
mortgage,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$48,426
10,787
520
4
26,600
00
80
06
00
00
5,700 00
1,000 00
2,650
137
30
969
00
26
54
57
5,489
175
700
50
7,768
17
28
D isb u r se m e n t s .
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
mortgages,
Cash on hand Oct. 31, 1904,
$48,850
3,400
20,855
902
2,841
7,994
4,203
122
1,141
3,221
730
969
00
00
00
00
00
00
60
41
40
72
93
57
233
5,163
2,500
7,879
74
69
00
01
00
00
39
$111,008 07
$111,008 07
174
[Pub. Hoc.
IlEPORT OF THE
Total Amount of Loans at Specified Rates of Interest.
L o an s
on
Rate.
Amount.
Amount.
on
Sh a r e s .
Rate.
Amount.
Rate.
$3,000 00
5 per cent.
$210,150 00
L oans
R e al E s t a t e .
6 per cent.
$1,750 00
100 00
5 per cent.
“
6
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$194
182
171
160
150
140
130
120
111
102
93
85
76
68
60
53
46
38
32
25
18
12
6
Dues paid in advance, .
Total,
19
74
62
82
32
13
25
65
33
29
52
02
76
74
95
38
04
93
02
29
73
33
09
Total
Value.
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov..
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Shares in
Force.
D ate of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
57
$11,068
3.654
8,066
14,956
6,614
13,172
8,205
14,116
11,021
10,740
17,394
9,777
12,204
10.860
13,591
8,861
11,049
11,717
11,271
6,651
5,731
4,537
3,306
20
47
93
44
94
63
117
99
105
186
115
159
158
223
166
240
301
352
263
306
368
543
83
80
14
26
08
22
75
05
67
45
72
30
84
92
85
08
60
93
04
27
38
44
87
Dues capital, as per general le d ge r,.
Profits capital, as per
general ledger, .
Unpaid dues, .
36,686 49
1,525 00
451 00
$229,023 49
Total,
Number of shares issued during the y e a r , ................................................. 987
Number of shares now in f o r c e , ........................................................... 4,119
Number of shares now borrowed u p o n ,................................................. 1,153
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................505
Number of shares forfeited during the y e a r ,..................................................29
Number of shares retired during the y e a r , ..................................................20
Number of shares matured during the y e a r ,................................................. 56
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$190,812 00
$229,023 49
No. 8.]
SAYINGS BANK COMMISSIONERS.
175
Number of members withdrawn during the y e a r ,....................................... 62
Present number of m e m b e r s ,.................................................................................. 645
Present number of b o r r o w e r s , .........................................................................177
Present number of non-borrowers,.........................................................................468
Number of loans secured by first mortgage of real estate,
.
.
. 209
Number of loans on s h a r e s , .....................................................................................15
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one member..................................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
730 93
Date of examination by commissioner : March 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
176
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 .
Incorporated Nov. 2, 1892.
J
esse
H.
S
h e p a r d
,
President.
Commenced business Nov. 3, 1892.
W
il l ia m
D.
B
r o w n
,
Secretary and Treasurer.
Names of security committee:
W
il l ia m
M.
S
h e r w e l l
J
o h n
,
M.
K
G
e o r g e
in g s b u r y
A.
R
o p e r
,
.
Regular meetings the last Friday of each month.
Balance
S h e e t O c t . 31 , 1904 .
L ia b il it ie s .
A ss et s .
Loans on real estate,
Loans on shares, .
Unpaid interest,
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
$249,945
9,880
1,417
7
141
6,661
.
00
00
24
70
67
36
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
.
.
.
.
$223,121
42,939
687
1,304
00
39
71
87
$268,052 97
$268,052 97
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu k se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$58,879
12,160
21
506
1
29,220
5,635
340
12,593
00
15
43
45
75
00
00
47
23
$119,357 48
For real estate loans, .
share loans, .
dues capital withdrawn,
dues'capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$72,000
7,840
23,858
3,467
3,068
1,365
1,096
6,661
00
00
00
00
83
50
79
36
$119,357 48
177
SAY IN G S BAN K COMMISSIONERS.
No. 8.]
Total Amount o f Loans at Specified Rates o f Interest.
L o ans
Amount.
on
Amount.
Rate.
$245,695 00
L oans
R e al E s t a t e .
Amount.
Rate.
$4,250 00
5 per cent.
on
per cent.
$9,880 00
Sh a k e s .
Rate.
5 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
$203
191
180
169
158
148
138
128
119
109
101
92
84
76
20
21
22
23
24
68
60
53
45
38
32
25
18
12
6
53
79
39
35
65
29
23
56
10
95
09
51
16
08
24
62
20
96
90
01
29
73
33
09
62
56
81
79
128
30
92
59
72
72
138
140
104
119
178
276
201
300
378
392
559
378
493
483
Total...............................................
Total
Value.
Shares in
Force.
Series.
D a te of
I ssue .
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov ,
M ay,
N ov..
M ay,
N ov .,
M ay,
N ov.,
M ay,
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital.
$12,618
10,740
14,611
13,378
20,307
4,448
12,717
7,585
8,575
7,916
13,950
12,951
8,752
9,053
12.146
16,731
10,693
13,788
14,704
12,547
14,137
7,079
6,078
2,941
86
24
59
65
20
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$223,121 00
42,939 39
2,395 00
70
16
04
20
40
42
40
64
52
72
12
20
00
20
92
11
94
69
47
$268,455 39
Total,
$268,455 39
Number of shares issued during the year,
.
.
.
.
.
1.135
Number of shares now in f o r c e , ........................................................... 4,870
Number of shares now borrowed u p o n ,................................................. 1,545
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year................................................ 798
Number of shares retired during the y e a r , ................................................. 25
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year :
5 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,....................................... 78
Present number of members, .
543
Present number of borrowers,...................................................................................168
Present number of non-borrowers,.........................................................................375
Number of loans secured by first mortgage of real estate,
.
.
. 138
Number of loans on s h a r e s , ....................................................................
.3 0
Largest loan to any one m e m b e r ,...............................................................................$4,200 00
Smallest loan to any one m e m b e r,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,096 79
Date of examination by commissioner : M ay 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
178
M ILFO R D
C O -O P E R A TIV E
Incorporated March 31, 1887.
R . C.
E
l d r id g e
,
President.
H
[Pub. Doc.
B A N K — M ILFO R D .
Commenced business April 1,1887.
o r a c e
A.
B
r o w n
,
Secretary and Treasurer.
Names of security committee:
C
L.
h e s t e r
C
l a r k
L
,
D
u c iu s
E . H
e a t h
a n ie l
J.
C
r o n a n
,
.
Regular meetings the first Monday of each month.
B a l a n c e S h e e t O c t . 31 , 1904.
L ia b il it ie s .
A ssets.
$288,299 00
Loans on real estate,
15,270 00
Loans on shares, .
Temporary expense account,
53 50
1.529 05
Real estate by foreclosure,
.
1,081
62
Unpaid interest,
125 74
.
.
.
Unpaid fines, .
1,403 43
Cash in hands of treasurer, .
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$307,762 34
$259,330
42,337
1,379
35
00
40
71
83
6 00
51
3,600
981
40
24
00
81
35
$307,762 34
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e ce ip t s .
From dues capital,
interest,
fines....................................
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
suspense account,
profit and loss.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n t s .
$58,052
16,299
371
26
55,775
00
57
72
00
00
3,900 00
400 00
4,800 00
393 77
95
40 35
5,082
10
3
4,502
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
suspense account, .
profit and loss,
Cash on hand Oct. 31,1904,
$102,499
6,465
28,157
40
306
4,564
3
92
1,352
00
00
00
00
00
47
40
50
07
2 60
4,732
17
23
1,403
25
31
56
43
73
83
00
67
$149,658 59
$149,658 59
No. 8.]
179
SAYIN G S BANK COMMISSIONERS
Total Amount of Loans at Specified Bates of Interest.
L oans
Amount.
on
Rate.
$205,184 00
5 per cent.
5è
5¿
“
5J
“
2,100 00
2,000 00
500 00
69,565 00
2,550 00
L o an s
R e a l E st a t e .
Amount.
1,200 00
300 00
300 00
6
61
Shares.
Amount.
Rate.
$3,350 00
1,250 00
on
61 per cent.
“
65
«
“
7è
“
6*
n
$13,580
50
1,390
250
00
00
00
00
Rate.
5 per cent.
51
“
6
»
“
n
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
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
$198
188
178
168
159
150
141
132
124
115
107
99
91
83
75
08
16
46
93
59
44
81
69
07
61
32
19
23
43
78
68 27
60 90
53 68
46 61
39 68
32 88
26 22
19 69
13 31
7 08
1 00
Total
Value.
1892,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a te op
I ssu e .
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital.
71
47
64
38
73
103
78
55
108
225
291
143
127
$14,063
8,843
11,421
6,419
11,650
15,495
11,061
7,297
13,399
26,012
31,230
14,184
11,586
7,341
3.485
5,939
26,735
28,665
8,343
12,538
88
46
87
439
534
179
316
219
116
233
516
814
57
68
52
44
34
07
32
IS
95
56
25
12
17
21
84
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid du e s,.
1,866 00
88
49
10
12
19
88 '
7,200 72
3,041
4,587
6,867
5,763
57
52
77
96
12
00
$303,533 40
Total,
Total,
'
Number of shares issued during the y e a r , ................................................ 1,057
Number of shares now in f o r c e , ................................................................... 5,067
Number of shares now borrowed u p o n ,.......................................................... 2,070
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
. 510
Number of shares forfeited during the year........................................................... 5
Number of shares matured during the year............................................................2
Highest rate of premium or interest received on money sold during the y ea r:
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
42,337 40
301 00
Dues paid in advance, .
6 per cent.
$259,330 00
$303,533 40
180
REPORT OF THE
[Pub. Doc.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2^ per cent.
Number of members withdrawn during the y e a r , ....................................... 61
Present number of m e m b e r s ,.................................................................................. 765
Present number of borrowers.....................................................................................300
Present number of non-borrow ers,........................................................................ 465
Number of loans secured by first mortgage of real estate,
.
.
. 300
Number of loans on s h a r e s , ...................................................................................100
Largest loan to any one member.................................................................................... $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
30 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,352 07
Date of examination by commissioner: M ay 31.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
181
M T. W A S H IN G T O N CO -O PER ATIVE B A N K — SOUTH
BOSTON.
Incorporated June 20, 1893.
T
h o m a s
J. G
,
ib l in
Commenced business June 21, 1893.
President.
J
o h n
M . S
h e a
,
Secretary and Treasurer.
Names of security committee:
C
h a r l e s
P.
M
F
o o n e y
r a n k
,
J
J. H
o h n
a n n o n
H.
G
ib l in
,
.
Regular meetings the third Wednesday of each month.
B a la n c e Sh e e t O ct.
A ssets .
31, 1904.
L ia b il it ie s .
$203,750 00
Loans on real estate,
18,726 00
Loans on shares, .
Permanent expense account,
230 00
492 50
Temporary expense account,
5,251 00
Real estate by foreclosure, .
Cash in hands of treasurer, .
454 29
Dues capital,
Profits capital (all series), .
Interest........................................
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Forfeiture profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$228,903 79
$196,186 00
23,928 54
4,948 28
8 50
76 93
170 39
1 20
486 00
2,944 95
153 00
$228,903 79
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e ceipts .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$63,681
10,472
16
304
9,250
00
17
65
51
00
3,200 00
15,829 00
369 53
8 42
343 18
596 11
3,143 87
$107,214 44
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
profi ts capital withdrawn,
profits capital forfeited,.
profits capital retired, .
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 31,1904, .
$49,100
18,061
26.849
609
2,691
3,263
66
919
9S2
218
39
00
00
00
00
00
71
62
80
90
18
80
3,959 14
454 29
$107,214 44
182
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Rate.
$187,500 00
11,400 00
5 per cent.
L oans
R e a l E st a t e .
Amount.
Rate.
Amount.
$4,850 00
6.30 per cent.
$15,787 00
2,939 00
6
on
S h ar es .
Rate.
5 per cent.
“
6
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
$182
172
161
151
141
135
126
117
108
99
89
81
74
99
25
79
72
90
51
13
01
20
20
21
22
62
92
89
07
66 48
59 07
51 86
44 81
37 94
31 23
24 69
18 31
12 08
23
6 00
13
14
15
16
17
18
19
Dues paid in advance, .
Total,
Total
Value.
June,
D ec.,
June,
D ec.,
June,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Shares in
Force.
D a te op
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
61
24
$11,162
4,134
3,559
6,523
5,534
3,658
16,649
7,956
4,977
14,544
5,215
7,206
8,740
16,620
9 864
9,3*6
12,770
17,869
19,549
11,703
11,388
7,646
5,016
22
43
39
27
132
68
46
146
58
88
118
250
167
181
285
471
626
474
622
633
836
39
00
38
96
10
77
16
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$196,186 00
23,928 54
1,762 00
68
20
52
36
32
26
00
69
66
85
74
98
06
82
64
00
198 00
$221,876 54
Total,
$221,876 54
Number of shares issued during the y e a r , ....................................... 1,633
Number of shares now in f o r c e , ........................................................... 5,417
Number of shares now borrowed u p o n ,................................................. 1,682
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 893
Number of shares forfeited during the y e a r ,................................................. 35
Number of shares retired during the y e a r , ................................................. 20
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed: first term, 2J per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,........................................100
Present number of m e m b e r s ,.................................................................................. 518
Present number of b o r r o w e r s , .........................................................................139
Present number of non-borrowers,........................................................................ 379
Number of loans secured by first mortgage of real estate,
.
.
.
94
Number of loans on s h a r e s , ............................................................................... 9 4
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
15 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,012 90
Date of examination by commissioner: June 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAVINGS BAN K COMMISSIONERS.
183
N E E D H A M C O -O P E R A TIV E B A N K — N E E D H A M .
Incorporated April 21-, 1892.
A
b b e r t
E.
M
il l e r
,
Commenced business May 9, 1892.
W . G.
President.
M
o s e l e y
,
Secretary and Treasurer.
Names of security committee :
A. M .
N . H.
M
S
il l e r
u r e n
,
F
E
r e d
H. A.
,
d m u n d
G . P
o n d
G.
C
l e w s
,
r o ssm a n
C
,
.
Regular meetings the first Monday after the first Friday of each month.
B
alance
Sh eet O ct,
A ssets .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
.
.
$64,000
1,195
4,416
1,889
00
00
00
23
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$71,500 23
$59,080
10,417
485
1,517
00
78
00
45
$71,500 23
Detailed Statement o f Receipts and Disbursements for the Tear endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans elimi
nated by foreclosure,
share loans repaid,
withdrawal profits,
rent,
.
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n t s .
$19,892
4,029
214
73
00
50
08
57
1 00
4,450 00
4,000
7,320
157
312
4,863
00
00
27
00
71
$45,313 13
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured, .
temporary expenses,
real estate by foreclosure,
Cash on hand Oct. 31, 1904,.
$18,000
1,380
9,163
5,922
1,680
2,602
259
4,416
1,889
00
00
00
00
96
74
20
00
23
$45,313 13
184
REPORT OF THE
[Pub. Doc.
Total Amount of Loans at Specified Rates o f Interest.
L oans
on
Amount.
Rate.
$63,400 00
6.30 per cent.
Real E sta te .
L o an s
Sh a r e s .
Rate.
Amount.
Rate.
6.60 per cent.
$1,195 00
6.30 per cent.
Amount.
$600 00
on
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3
4
5
6
7
8
9
11
13
14
15
16
17
18
19
20
21
22
23
24
25
$197
186
174
163
153
142
132
113
95
86
78
69
61
54
46
39
32
25
18
12
6 10
Dues paid in advance, .
Total,
98
29
94
92
22
83
75
46
27
57
13
93
97
24
74
46
39
52
85
38
Total
Value.
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
M ay,
M av,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account tcith Lues and Profits Capital.
14
$2,771
186
524
3,442
2,298
856
3,982
8,055
4,191
2,597
6,016
2,727
8,180
271
3,038
4,182
3,724
3,879
4,109
1,894
2,653
1
3
21
15
6
30
71
44
30
77
39
132
5
65
106
115
152
218
153
435
72
29
82
32
30
98
50
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$59,080 00
10,417 78
152 00
66
88
10
01
27
04
20
10
76
85
04
30
14
50
66 00
$69,649 78
Total,
$69,649 78
Number of shares issued during the y e a r , ................................................. 662
Number of shares now in f o r c e , ................................................. , .
1,732
Number of shares now borrowed u p o n ,...........................................................348
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 357
Number of shares matured during the y e a r ,................................................. 42
Highest rate of premium or interest received on money sold during the y ea r:
6 j^ per cent.
Lowest rate of premium or interest received on money sold during the year:
6^0 per cent
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,....................................... 46
Present number of m e m b e r s ,...............................................................................254
Present number of borrowers, .
.
.
................................................. 51
Present number of non-borrow ers,.....................................................................203
Number of loans secured by first mortgage of real estate,
.
.
.
47
Number of loans on shares,
.
.....................................................................7
Largest loan to any one m e m b e r ,.............................................................................. $4,100 00
Smallest loan to any one member, ...............................................................................
15 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, ,
259 20
Date of examination by commissioner: January 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAVIN GS BAN K COMMISSIONERS.
185
N E W BEDFORD C O -O P E R A TIV E B A N K — N E W BEDFORD.
Incorporated July 11, 1881.
G
e o r g e
R.
S
te tso n
Commenced business A ug. 19, 1881.
President.
,
E
C
d g a r
L
o r d
,
h a r l e s
R.
P
r ic e
,
Secretary.
Treasurer.
Names of security committee:
B
e n j a m in
F.
B
r o w n e l l
W
il l ia m
,
L
A.
K
ir b y
ot
B . B
a t e s
,
.
Regular meetings the third Friday of each month.
B a la n c e Sh e e t O c t .
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid dues, .
.
.
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
$361,161
22,855
260
.
2,836
1,690
177
.
1,344
54
00
78
00
58
18
24
Dues capital,
Profits capital (all series), .
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Retired share account,.
Matured share account,
Uncompleted mortgage loans,
Suspense account,
$390,325 32
$311,075
59,728
7,255
6,534
23
00
60
74
92
05
1 78
3,288 92
2,415 31
2 00
$390,325 32
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e ce ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
. share loans repaid,
withdrawal profits,
personal accounts,
retired share account, .
matured share account,
taxes, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n t s .
$81,440 00
19,272 62
381 38
25
55,093 46
2,250
14,790
574
1,847
1,067
3,288
51
00
00
81
50
20
92
21
8,886 97
$188,944 32
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
personal accounts,
retired share account, .
interest, .
.
.
.
taxes,
.
.
.
.
Cash on hand Oct. 31, 1904,
$95,162
15,050
42,768
750
16,972
6,551
295
6,452
1,994
73
21
7
275
1,065
108
51
1,344
15
00
00
00
00
50
70
97
53
70
50
68
50
42
22
21
24
$188,944 32
REPORT OF THE
186
[Pub. Doc.
Total Amount of Loans at Specified Rates of Interest.
L o an s
Amount.
on
Amount.
Rate.
$331,936 54
26,725 00
1,900 00
L o an s
Real E sta te .
$300 00
300 00
54 per cent.
6706 “
6.12 “
Rate.
Amount.
6.18 per cent.
6.24
$22,320 00
535 00
on
Sh a r e s .
Rate.
54 per cent.
6.06 “
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
$201
190
179
168
157
147
137
128
118
109
100
92
84
76
68
60
53
45
38
32
25
18
12
6
Dues paid in advance, .
Total,
74
27
10
28
80
59
70
10
77
72
94
42
11
07
24
62
20
96
90
01
29
73
33
09
Total
Value.
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov..
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov..
M ay,
Shares in
Force.
L ate oe
I ssue.
Value per
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
88
$17,753
17,314
18,089
14,135
22,881
14,611
13,770
19,855
17,577
14,153
15,241
14,232
15,139
12,399
23,747
16,852
19,418
15,534
12,759
14,564
12,543
11,500
9,333
6,680
91
101
84
145
99
100
155
148
129
151
154
180
163
348
278
365
338
328
455
496
614
757
1,097
12
57
10
52
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
59,728 60
00
41
00
50
96
88
94
68
80
41
52
36
00
48
20
55
84
22
81
73
«
713 00
$370,803 60
Total,
Number of shares issued during the y e a r , ................................................. 2,109
Number of shares now in f o r c e , .....................................................................6,864
Number of shares now borrowed upon...............................................................2,623
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,286
Number of shares retired during the y e a r , ......................................................... 6
Number of shares matured during the y e a r ,..................................................... 110
Highest rate of premium or interest received on money sold during the y ea r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5£ per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2 J per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$311,075 00
$370,803 60
No. 8.]
SAYIN GS BAN K COMMISSIONERS.
187
Number of members withdrawn during the y e a r ,....................................... 159
Present number of m e m b e r s ,.................................................................................. 871
Present number of borrowers,.................................................................................. 306
Present number of non-borrowers,........................................................................ 565
Number of loans secured by first mortgage of real estate,
.
.
.227
Number of loans on s h a r e s , .................................................................................... 79
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : June 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
1,994 53
REPORT OF THE
188
[Pub. Doc.
N E W B Ü R Y P O E T C O -O P E R A TIV E B A N K — N E W B U R Y PORT.
Incorporated March 15, 1888.
W.
H
e r b e r t
N
o y e s
,
President.
G
Commenced business April 9, 1888.
e o r g e
E.
St
ic k n e y
,
Secretary and Treasurer.
Names of security committee :
L
e o n a r d
N . K
e n t
L
,
W . H
o u is
F.
Ba
r t o n
e r b e r t
N
o y e s
,
.
Ilegular meetings the second Monday of each month.
Balance
Sh e e t Oc t .
31, 1904.
L ia b il it ie s .
A ss e t s .
$218,800 00
Loans on real estate,
2,150 00
Loans on shares, .
800 00
Permanent expense account,.
45 84
Temporary expense account,
Suspense account, .
1,295 45
1,260 12
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus.........................................
$186,849
30,688
1,174
59
00
62
24
85
21 66
75
48 27
2,000 00
3,509 02
$224,351 41
$224,351 41
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$49,566
13,560
674
424
00
59
63
96
30,250
450
273
12,680
00
00
18
05
$107,882 66
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
permanent expenses,
Cash on hand Oct. 31, 1904,.
$44,450
600
19,625
26,468
4,511
9,080
1,825
63
1,260
00
00
00
00
17
30
02
05
12
$107,882 66
No. 8.]
189
SAYINGS B A N K COMMISSIONERS.
Total Amount of Loans at Specified Bates of Interest.
L o an s
on
L o an s
R e a l E st a t e .
Amount.
Rate.
Amount.
Rate.
$218,800 00
6.30 per cent.
-
-
on
Amount.
$2,150 00
S h ar es .
Rate.
6.30 per cent.
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
$183
172
162
151
141
131
121
112
103
94
86
78
70
62
54
47
40
33
26
19
13
7
89
83
04
56
41
55
97
67
65
89
36
10
06
28
70
33
15
18
39
79
37
10
1 00
Total
Value.
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.
Apr.,
Oct.,
Shares in
Force.
D a te o r
I ssue .
Value per
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
6
$1,103
3,456
1,782
7,123
1,696
14,733
11,099
11,492
19,797
11,671
11,831
12,808
19.756
22,732
11,541
8,235
15,899
14,333
7,389
4,789
2,954
2,903
255
20
11
47
12
112
91
102
191
123
137
164
282
365
211
174
396
432
280
242
221
409
255
T o t a l , .......................................
34
60
44
32
92
60
27
34
15
47
32
40
92
20
70
42
40
76
20
18
77
90
00
$219,387 62
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
Total,
$186,849 00
30,688 62
1,850 00
$219,387 62
Number of shares issued during the y e a r , ................................................. 733
Number of shares now in f o r c e , ........................................................... 4,283
Number of shares now borrowed u p o n ,................................................. 1,287
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year................................................370
Number of shares retired during the y e a r , ................................................. 186
Highest rate of premium or interest received on money sold during the y ea r:
6 ^j per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 ^ per cent.
Rate of profits distributed: first term, 2J per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................104
Present number of m e m b e r s ,.................................................................................. 646
Present number of borrowers,.................................................................................. 171
Present number of non-borrowers,........................................................................ 475
Number of loans secured by first mortgage of real estate,
.
.
. 175
Number of loans on s h a r e s , .................................................................................... 15
Largest loan to any one member....................................................................................$5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,839 27
Date of examination by commissioner : February 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
EEPOET OF THE
190
[Pub. Doc
N E W T O N C O -O P E R A T IV E B A N K — N E W T O N V IL L E .
Incorporated June 14, 1888.
Ja
m e s
W .
F
r e n c h
,
President.
Commenced business Sept. 4, 1888.
J.
C
h e e v e r
F
u l l e r
,
Secretary and Treasurer.
Names of security committee:
J. W .
T. B.
F
F
r e n c h
G. F . S i m p s o n ,
W . M. F l a n d e r s,
,
it z p a t r ic k
,
F . J.
H
a l e
.
Regular meetings the first Tuesday of each month.
B
alance
Sh e e t O ct.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$615,775 00
14,920 00
Loans on shares, .
Temporary expense account,
531 52
6,300 00
Real estate by foreclosure, .
6,000
00
Mortgages,
.
.
.
.
Cash in hands of treasurer, .
1,959 10
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
$645,485 62
$544,309
84,470
5,665
27
148
394
6,900
3,570
00
07
44
20
92
97
00
02
$645,485 62
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31,1904.
R e ce ip t s .
D isbu r se m e n t s .
From dues capital,
$151,066 00
interest,
31,228 97
premiums, .
181 95
616 45
fines,
.
.
.
.
real estate loans repaid,
158,425 00
real estate loans elimi
5,800 00
nated by foreclosure,
share loans repaid,
12,785 00
withdrawal profits,
1,385 49
real estate by foreclos
1,778 00
ure, .
.
.
.
Cash on hand Oct. 31, 1903, .
12,647 66
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$375,914 52
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
interest on retired shares,
real estate by foreclos
ure,
.
.
.
.
Cash on hand Oct. 31, 1904,
$209,125 00
10,220 00
99,7*0
24,355
13,948
6,132
3,908
162
00
00
90
61
36
42
6,383 13
1,959 10
$375,914 52
JSTo. 8.]
SAVINGS BANK COMMISSIONERS
191
Total Amount of Loans at Specified Rates of Interest.
L oans
Amount.
on
Rate.
$324,850 00
76,500 00
62,150 00
R e a l E st a t e .
L oans
Amount.
5.00 per cent.
5.50
“
5.70
«
$123,175 00
28,100 00
1,000 00
Rate.
Amount.
6.00 per cent.
$ 2,000 00
12,920 00
6.3 0
6.60
“
“
on
S h ar es .
Rate.
5 per cent.
“
6
11
12
13
14
15
16
17
18
19
$179
168
158
148
138
128
119
110
20
21
22
23
24
25
26
27
28
29
30
31
32
33
102
93
85
77
69
62
54
47
40
33
27
20
14
8
2
Total
Value.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Shares in
Force.
Sferies.
D a t e op
I ssue .
Sept., 1893,
M ar., 1894,
Sept., 1894,
M ar., 1895,
Sept., 1895,
M ar., 1896,
Sept., 1896,
M ar., 1897,
Sept., 1897,
M ar., 1898,
Sept., 1898,
M ar., 1899,
Sept., 1899,
M ar., 1900,
Sept., 1900,
M ar., 1901,
Sept., 1901,
M ar., 1902,
Sept., 1902,
M ar., 1903,
Sept., 1903,
M ar., 1904,
Sept., 1904,
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital.
26
85
58
103
22
163
16
230
40
164
90
392
72
189
75
289
06
485
64
458
46
410
442
49
73
369
18
524
82
498
668
64
65
648
82
711
921
14
64 1,233
29 1,317
08 1,452
00
997
$15,237
17,363
25,789
34,076
22,697
50,528
22.627
32,006
49,499
42,887
35,038
34,250
25,730
32,582
27,300
31,823
26,341
24,046
24,995
25,449
18,819
11,732
1,994
86
80
60
80
08
75
10
12
60
58
37
32
36
52
20
02
94
12
93
16
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$633,681 07
Total,
Number of shares issued during the y e a r , ..................................................3,042
Number of shares nowin f o r c e , ................................................................... 12,748
Number of shares now borrowed u p o n ,........................................................... 3,682
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
2,853
Number of shares retired during the y e a r , .....................................................258
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$544,309 00
84,470 07
4,902 00
863 00
Dues paid in advance, .
Total,
10
74
per cent.; second term, 2% per cent.
$633,681 07
192
REPORT OF TH E
Number of members withdrawn during the year, .
.
.
.
Present number of members.........................................................................
Present number of b o r r o w e r s , .......................................
Present number of non-borrowers, .
.
.
.
.
.
.
Number of loans secured by first mortgage of real estate,
.
Number of loans on s h a r e s , .....................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one member..............................................................
[Pub. Doc.
.
165
1,312
. 376
. 936
. 326
.
55
4P
Amount o f expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
50 00
3,908 36
No. 8.]
SAYINGS BAN K COMMISSIONERS
193
N O R TH A B IN G T O N C O -O P E R A TIV E B A N K — N O R TH
A B IN G T O N .
Incorporated March 23, 1888.
W
il l ia m
C.
B
r e t t
,
Commenced business April 4, 1888.
President.
E
d w a r d
P.
B
o y n t o n
,
E rnest W .
Treasurer.
C
a l k in s
,
Secretary.
Names of security committee:
S
N.
a m u e l
T
u r n e r
J
,
o se p h
E
L .
G
W.
r n e st
r e e n w o o d
C
a l k in s
,
.
Regular meetings the first Wednesday of each month.
Balance Sheet Oct. 31, 1904.
A ss et s .
Loans on real estate,
Loans on shares, .
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of secretary,
Cash in hands of treasurer,
L ia b il it ie s .
$151,500
5,733
893
46
95
.
98
.
2,384
00
00
77
35
37
34
36
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$160,751 19
$133,558
22,456
790
40
27
72
703
3,098
4
00
19
50
50
56
25
44
00
41
34
$160,751 19
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
office rent,
insurance,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$44,292
8,525
436
290
2
7,075
00
04
40
71
25
00
4,000 00
4,422 00
253 45
1,400
3
633
208
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
insurance,
Cash on hand Oct. 31, 1904,.
$32,300
5,885
12,933
10,290
1,576
4,378
697
00
00
00
00
75
54
45
146
219
633
2,482
00
01
60
70
00
00
60
60
$71,542 05
$71,542 05
194
REPORT OF THE
[Pub. Doc
Total Amount of Loans at Specified Bates of Interest.
L o an s
on
L oans
H eal E s t a t e .
Amount.
Kate.
Amount.
Kate.
$151,500 00
6.30 per cent.
-
-
on
Amount.
$5,733 00
Sh a k e s .
Kate.
6.30 per cent.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901.
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
$198
187
175
164
154
143
133
123
114
105
96
87
79
70
62
55
47
40
33
26
19
13
7
1 00
Dues paid in advance, .
Total,
•
98
29
94
92
22
83
75
96
46
23
27
57
13
93
97
24
74
46
39
52
85
38
10
Total
Value.
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Shares in
Force.
D a te of
I ssue .
Valueper
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
25
3
43
16
27
$4,974
561
7,565
2,638
4,163
3,164
10,298
2,107
8,698
7,050
6,065
1,225
8,941
5,887
12.971
10,937
9,977
11,086
11,753
7,346
9,150
6,649
3,628
445
22
77
17
76
67
63
14
113
83
206
198
209
274
352
277
461
497
511
445
50
87
42
72
94
26
75
32
96
41
01
98
69
19
82
52
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$133,558 00
22,456 19
1,343 00
66
04
28
04
85
86
10
00
67 00
$157,357 19
Total,
$157,357 19
Number of shares issued during the y e a r , ........................................1,086
Number of shares now in f o r c e , ...........................................................4,076
Number of shares now borrowed u p o n ,.......................................................... 913
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 530
Number of shares matured during the year..................................................... 73
Highest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Rate of profits distributed: first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r , ........................................81
Present number of m e m b e r s ,....................................................................., . 602
Present number of borrowers,...................................................................................142
Present number of non-borrow ers,.........................................................................460
Number of loans secured by first mortgage of real estate,
.
.
. 149
Number of loans on s h a r e s , .....................................................................................19
Largest loan to any one m e m b e r ,...............................................................................$4,000 00
Smallest loan to any one m e m b e r ,...............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
697 45
Date of examination by commissioner : December*27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
SAVINGS BAN K COMMISSIONERS
195
NO RTHAM PTON- C O -O P E R A T IV E B A N K -N O R T H A M P T O N .
Incorporated M ay 21, 1889.
L. L.
C
a m p b e l l
,
Commenced business M ay 24, 1889.
H. R.
President.
G
b a v e s
,
Secretary and Treasurer.
Names of security committee :
L . L .
C
a m p b e l l
J
,
a m e s
A .
W .
O ’B
r ie n
M .
L
o c k e
,
.
Regular meetings the first Monday of each month.
B alance Sh eet Oct.
31, 1904.
L ia b il it ie s .
A ss et s .
$337,050 00
Loans on real estate,
11,522 00
Loans on shares, .
300 00
Permanent expense account,
15,900 88
Real estate by foreclosure,
.
7,700 00
Mortgages,
.
.
.
.
4,308 00
Unpaid dues, .
.
.
.
3,158 73
Unpaid interest,
71 10
Unpaid prem ium s,.
698 97
Unpaid fines.................................
Cash in hands of treasurer, .
3,697 13
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$384,406 81
$325,615
55,115
1,417
2,184
73
00
98
43
80
60
$384,406 81
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31,1904.
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeited shares, .
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$95,278
19,816
257
608
00
67
43
47
1 75
73,150 00
6,100 00
2,000 00
11,968 00
289 46
247 90
9,591 92
561 60
$219,871 20
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital matured, .
temporary expenses,
permanent expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
mortgage,
profit and loss,
surplus, .
.
.
.
Cash on hand Oct. 31, 1904,
$90,350
11.445
56,667
17,879
10,158
7,469
7,018
4.067
1,381
78
452
00
00
00
00
00
72
50
73
04
00
17
518
7,635
300
89
663
3,697
71
94
00
72
54
13
$219,871 20
196
REPORT OF THE
[Pub. Doc
Total Amount of Loans at Specified Rates of Interest.
L o an s
Amount.
$222,650 00
88,700 00
on
R e a l E st a t e .
L o an s
on
Sh a k e s .
Rate.
Amount.
Rate.
Amount.
Rate.
6.00 per cent.
$17,600 00
6.60 per cent.
6.90
“
$11,522 00
6.00 per cent.
6.30
8,100 00
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$194
183
172
161
150
140
130
120
111
102
93
85
76 88
68 84
61 05
53 49
46 19
39 06
32 11
25 35
18 75
12 34
6 09
Dues paid in advance, .
Total,
71
21
07
24
71
49
55
94
62
56
78
19
Total
Value.
M av,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M av,
N o v .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov .,
M av,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation of Share Account ivilh Dues and Profits Capital.
49
48
47
91
109
$9,540
8,794
8,087
14,672
16,427
14,329
8,616
11,731
16,408
16,922
15,286
23,938
23,064
24,644
38,034
21,930
21,293
20.272
102
66
97
147
165
163
281
300
358
623
410
461
519
692
677
765
618
818
79
08
29
84
39
98
30
18
14
40
14
39
00
72
15
90
59
14
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
$325,615 00
55,115 98
22,220 12
17,161
14,343
7,626
4,981
95
75
12
62
403 00
$380,730 98
Total,
$380,730 98
Number of shares issued during the y e a r , ................................................ 1,521
Number of shares now in force,
....................................................................7,606
Number of shares now borrowed u p o n ,.......................................................... 1,994
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,472
Number of shares retired during the y e a r , ....................................................126
Number of shares matured during the y e a r ,......................................................71
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,....................................... 171
Present number of members, .
.
................................................. 1,037
Present number of borrowers,...............................................................................348
Present number of non-borrowers,.....................................................................689
Number of loans secured by first mortgage of real estate,
.
.
. 280
Number of loans on shares,
.
.....................................................................104
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,484 54
Date of examination by commissioner: M ay 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
197
SAYINGS B A N K COMMISSIONERS
N O RTH D IG H TO N C O -O P E R A T IV E B A N K — N O RTH
D IG H T O N .
Incorporated April 14, 1890.
D
a n ie l
C
k o t t y
,
Commenced business April 21, 1890.
President.
E
N
d w a r d
L
in c o l n
,
a t h a n ie l
R . L
in c o l n
,
Secretary.
Treasurer.
Names of security committee:
E
A
d w a r d
l m y
,
O
E . E . L
in c o l n
t is
N.
W
a l k e r
,
.
Regular meetings the second Monday of each month.
Balan ce Sheet Oct.
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Temporary expense account,
Unpaid interest,
Pass book account,
Town note,
.
.
.
.
Cash in hands of treasurer, .
31, 1904.
$61,525 00
1,140 00
85 75
6 20
18 80
1,500 00
1,738 94
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Guaranty fund, .
Surplus,
.
.
.
.
$55,190 00
7,855 16
1,503 97
i
139 49
586 66
739 41
$66,014 69
$66,014 69
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rsem en ts .
R e c e ip t s .
From dues capital,
. '
.
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
pass book account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$14,250 00
3,130 30
|
182 06
13,250
1,995
3
628
00
00
60
34
$33,439 30
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
pass book account,
town note,
Cash on hand Oct. 31, 1904,
$15,950
1,195
10,940
1,939
155
20
1,500
1,738
00
00
00
59
27
50
00
94
$33,439 30
[Pub. Doc.
REPORT OF THE
198
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L oans
R eal E sta te .
Rate.
$61,525 00
5.30 per cent.
Sh a r e s .
Amount.
Rate.
Amount.
Amount.
on
$1,140 00
-
Rate.
5.30 per cent.
A pr.,
Apr.,
Apr.,
Apr.,
Apr.,
Apr.,
Apr.,
Apr.,
A pr.,
Apr.,
Apr..
A pr.,
1893,
1894,
1895,
1896,
1897,
1898,
1899,
1900,
1901,
1902,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
4
5
6
7
8
9
10
11
12
13
14
15
$187
166
145
126
108
91
75
60
45
32
19
7
83
27
91
71
61
53
42
22
87
28
33
00
8
18
46
46
65
55
101
177
130
168
148
263
T o t a l , .......................................
Total
Value.
Shares in
Force.
D a te of
I ssue.
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$1,502
2,992
6.711
5,828
7,059
5,034
7,617
10,658
5,963
5,423
2,860
1,841
64
86
86
66
65
15
42
94
10
04
84
00
$63,494 16
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
Total,
$55,190 00
7,855 16
449 00
$63,494 16
Number of shares issued during the y e a r , ................................................. 282
Number of shares now in force,
.
,
.
.
.
. . .
1,225
Number of shares now borrowed u p o n ,........................................................... 463
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 216
Highest rate of premium or interest received on money sold during the y ea r:
5.30 per cent.
Lowest rate of premium or interest received on money sold during the y ea r;
5.30 per cent.
Rate of profits distributed: one term, 5 per cent.
Number of members withdrawn during the y e a r ,........................................15
Present number of m e m b e r s ,...................................................................................188
Present number of borrowers,.....................................................................................77
Present number of non-borrowers,......................................................................... I l l
Number of loans secured by first mortgage of real estate,
.
.
.
69
Number of loans on s h a r e s , ..................................................................................... 10
Largest loan to any one m e m b e r ,...............................................................................$2,200 00
Smallest loan to any one m e m b e r ,...............................................................................
25 00
Am ount of expenses of the corporation for the year ending Oct. 31,1904, .
155 27
Date of examination by commissioner : June 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
199
N O RTH E A STO N C O -O P E R A T IV E B A N K — N O RTH
EA STO N .
Incorporated April 23, 1889.
L. B.
C
r o c k e t t
,
President.
W
Commenced business April 23, 1889.
il l ia m
H.
C
l e m e n t s
,
Secretary and Treasurer.
Names of security committee:
E
d w a r d
It.
H
a y w a r d
G
,
e o r g e
E
H .
D
e
W
it t
v e r e t t
E .
P
o o l
,
.
Regular meetings the third Monday of each month.
B alan ce § h eet Q ct . 31,1904.
A ss et s .
L ia b il it ie s .
$125,950 00
Loans on real estate,
1,260 00
Loans on shares, .
Temporary expense account,
33 67
Unpaid interest,
1,710 77
85 91
Unpaid premiums,
Unpaid tines, .
.
.
.
96 46
184 84
Mortgage balance, .
Cash in hands of treasurer, .
4,895 09
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$134,216 74
$105,035
23,582
1,340
67
64
13
2,161
1,936
15
00
33
12
90
07
99
97
02
34
$134,216 74
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
reai estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$26,314
9,449
439
420
1
28,800
00
18
36
68
75
00
1,400 00
616 00
122 61
3,671 48
$71,235 06
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital m atured,.
temporary expenses,
permanent expenses,
interest on retired shares,
mortgage balance,.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$33,700
440
10,782
4,079
8,460
2,544
1,636
3,895
461
21
133
184
4,895
00
00
00
00
00
50
98
87
75
35
68
84
09
$71,235 06
200
[Pub. Doc
REPORT OF THE
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R eal E sta te .
L o an s
Amount.
Rate.
Amount.
Rate.
$ 3 0 ,5 0 0 00
92,150 00
6 .0 0 per cent.
6 .3 0
$ 1 ,9 0 0 00
1,400 00
6 .6 0 per cent.
6 .9 0
“
on
Sh a r e s .
Amount.
$1 1 0 00
200 00
950 00
Rate.
6 .0 0 per cent.
6 .3 0
“
6 .6 0
“
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1893,
1899,
1999,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$189
177
166
155
144
134
124
114
105
96
87
79
70
62
55
47
40
33
26
19
13
7
44
62
21
18
55
24
32
66
36
34
63
16
94
97
24
75
47
41
53
85
38
10
1 00
Dues paid in advance, .
Total,
Total
Value.
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Shares in
Force.
D a te op
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
31
48
70
39
37
$5,872
8,525
11,634
6,052
5,348
9,128
8,951
6,076
5,900
5,106
3,154
8,311
5,604
9,193
4,032
5,921
4,249
4,176
3,634
4,069
2,742
1,924
186
68
72
53
56
53
36
105
79
146
73
124
105
125
137
205
205
271
186
64
76
70
02
35
32
04
98
16
02
68
80
26
62
52
00
35
25
61
25
90
10
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
23,582 33
1,251 00
72 00
$129,868 33
Total,
Number of shares issued during the y e a r , ..................................................... 554
Number of shares now in f o r c e , .....................................................................2,324
Number of shares now borrowed u p o n ,............................................................... 677
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 308
Number of shares retired during the year...............................................................35
Number of shares matured during the y e a r , ....................................................... 62
Highest rate of premium or interest received on money sold during the year:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed : first term, 3 per cent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$105,035 00
$129,868 33
N o. 8.]
SAVINGS BANK COMMISSIONERS.
Number of members withdrawn during the year, .
.
.
.
Present number of members.........................................................................
Present number of borrowers.......................................................................
Present number of non-borrow ers,...........................................................
Number of loans secured by first mortgage of real estate,
Number of loans on shares............................................................................
Largest loan to any one member.................................................................
Smallest loan to any one m e m b e r ,...........................................................
.
28
. 306
. 122
. 184
. 133
.
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : July 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
201
7
$4,700
150
.
528
00
00
10
[Pub. Doc.
REPORT OF THE
202
N O RW OOD C O -O P E R A T IV E B A N K — N O R W O O D .
Incorporated Sept. 20, 1889.
F
r a n c is
O . AVin
s l o w
,
President.
T
h a y e r
Commenced business Oct. 1, 1889.
I
r v in g
S. F
o g g
,
Secretary and Treasurer.
Names of security committee :
T
y l e r
,
F
r a n k
A.
F
a r e s
.
Regular meetings the first Tuesday of each month.
B a la n c e Sh e e t O c t.
L ia b il it ie s .
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid fines, .
.
.
.
Personal accounts,.
.
Cash in hands of treasurer,
31, 1904.
$225,470
6,239
701
57
2,402
.
2,198
.
00
00
74
14
71
55
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Transfer fees,
Withdrawal profits,
Forfeiture profits,.
Guaranty fund, .
Surplus,
.
.
.
.
Security committee,
.
$190,744 00
39,380 33
429 91
25
103 94
2 04
1,070 00
5,336 42
2 25
$237,069 14
$237,069 14
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
f
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
personal accounts,
profits capital,
security committee,
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$51,376 00
13,754 40
322 62
75
38,200 00
4,700
4,327
645
29
708
00
00
30
27
00
4,796 00
204 45
68 92
2 25
102 80
2,623 17
$121,860 93
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
temporary expenses,
permanent expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
personal accounts,.
fines,
.
.
.
.
surplus, .
.
.
.
Cash on hand Oct. 31,1904, .
$67,470
5,685
19,256
708
9,947
2,593
117
4,075
692
171
708
62
5,497
2,607
00
00
00
00
00
32
48
54
82
92
00
22
74
16
1 26
68 92
2,198 55
$121,860 93
No. 8.]
203
SAYIN G S BANK COMMISSIONERS.
Total Amount o f Loans at Specified Bates o f Interest.
L oans
Amount.
on
Amount.
Rate.
$225,470 00
L oans
R e a l E st a t e .
6 per cent.
-
on
Rate.
Amount.
Rate.
•
$6,239 00
S h ar es .
6 per cent.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$198
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, .
Total,
98
29
94
92
22
83
75
96
46
23
27
57
13
93
97
24
74
46
39
52
85
38
10
00
Total
Value.
A pr.,
Oct.,
Apr ,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct ,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Shares in
Force.
Date of
I ssue.
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
40
35
48
68
40
57
120
63
132
155
200
66
167
245
232
179
52
259
265
265
381
433
630
525
$7,959
6,555
8,445
11,214
6.168
8,198
16,050
7,809
15,108
16,310
19,254
5,779
13,214
17,377
14.609
9,887
2,482
10,479
8,848
7,027
7.562
5,793
4,473
525
20
15
12
56
80
31
00
48
72
65
00
62
71
85
04
96
48
14
35
80
85
54
00
00
Dues capital as per general ledger,
Profits capital as per
general ledger, .
Unpaid dues,
$190,744 00
39,380 33
1,220 00
209 00
$231,344 33
Total,
$231,344 33
Number of shares issued during the y e a r , ........................................1,299
Number of shares now in f o r c e , ........................................................... 4,657
Number of shares now borrowed u p o n ,................................................. 1,389
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ....................................... 644
Number of shares forfeited during the y e a r ,................................................. 42
Number of shares retired during the year,
.
.
.
.
.
.7 5
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed: first term, 3 per cent.; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................99
Present number of m e m b e r s ,.................................................................................. 679
Present number of borrowers,.................................................................................. 207
Present number of non-borrow ers,.........................................................................472
Number of loans secured by first mortgage of real estate,
.
.
. 197
Number of loans on s h a r e s , .................................................................................... 60
Largest loan to any one member.....................................................................................$5,000 00
Smallest loan to any one m e m b e r ,....................................... .........
10 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
892 24
Date of examination by commissioner: Sept. 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
204
REPORT OF THE
[Pub. Hoc
O R AN G E C O -O P E R A TIV E R A N K — O R A N G E .
Incorporated Jan. 8, 1889.
F
r a n k
S.
E
w in g
,
President.
Commenced business Jan. 23, 1889.
E
l is h a
S.
H
a l l
,
Secretary and Treasurer.
Names of security committee :
E
l is h a
S.
H
a l l
A
,
d e l b e e t
Z
W .
B
e n a s
a l l o u
W .
L
a m b
,
.
Regular meetings the fourth Wednesday of each month.
B a la n c e Sh e e t O c t .
A ss et s .
31, 1904.
L ia b il it ie s .
$104,750 00
Loans on real estate,
Loans on shares, .
3,180 00
Temporary expense account,
8 25
1,454 42
Real estate by foreclosure,
.
Cash in hands of treasurer, .
1,749 27
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fu n d ,. .
Surplus,
.
.
.
.
Forfeited share account,
$111,141 94
$88,930
16,218
2,016
61
45
654
3,209
6
00
96
26
02
55
90
25
00
$111,141 94
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1 904.
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
protest fee, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$21,617 00
5,867 73
168 55
50
13,155 00
2,000 00
4,345 00
193 55
61 00
1 60
3,029 49
$50,439 42
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital matured, .
temporary expenses,
interest on retired shares,
real estate by foreclosure,
protest fee,
Cash on hand Oct. 31,1904, .
$13,100
3,120
14,412
6,972
3,888
2,489
2,515
1,600
363
141
85
1
1,749
00
00
00
00
00
02
19
83
71
90
90
60
27
$50,439 42
No. 8.]
SAVINGS BANK COMMISSIONERS.
205
Total Amount o f Loans at Specified Rates o f Interest.
R e a l E st a t e .
L oans
Amount.
Rate.
Amount.
Rate.
$17,100 00
5.00 per cent.
$87,650 00
6.00 per cent.
on
Amount.
to
m
on
o 'i 00 o
o o
o o
o o
L o an s
Sh a r e s .
Rate.
5.00 per cent.
6.00
“
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$183
173
162
152
142
132
123
114
105
96
88
80
72
64
57
49
42
36
29
22
16
10
4
Dues paid in advance, .
Total,
97
09
52
25
29
62
22
11
26
65
32
22
33
67
21
96
89
00
27
71
32
'08
00
Total
Value.
July,
Jan.,
July,
Jan.,
July,
Jan ,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Shares in
Force.
D a t e of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
60
28
51
22
12
73
35
41
47
70
32
31
40
170
$11,038
4,846
8,288
3,349
1,707
9,681
4,312
4,678
4,947
6,765
2,826
2,486
2,893
10,993
3,146
3,747
5,661
4,608
848
4,155
2,953
1,471
320
00
75
132
128
29
183
181
146
80
20
52
52
50
48
26
70
51
22
50
24
82
20
90
55
00
48
00
83
93
92
68
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$88,930 00
16,218 96
822 00
‘
242- 00
$105,970 96
Total,
$105,970 96
Num ber of shares issued during the y e a r , ..................................................... 236
Number of shares now in f o r c e , ......................................................................1,721
Number of shares now borrowed u p o n ,...............................................................693
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 319
Number of shares retired durirfg the y e a r , ....................................................... 51
Number of shares matured during the y e a r ,....................................................... 27
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2^ per cent ; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................35
Present number of m e m b e r s ,.................................................................................. 311
Present number of borrowers,.................................................................................. 128
Present number of non-borrowers,.........................................................................183
Number of loans secured by first mortgage of real estate,
.
.
.146
Number of loans on s h a r e s , .................................................................................... 23
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
363 71
Date of examination by commissioner: March 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
206
[Pub. Doc
PE A B O D Y C O -O P E R A T IV E B A N K — PE A B O D Y .
Incorporated M ay 28, 1888.
P. H .
O ’C
o n o r
,
President.
Commenced business June 16, 1888.
H
a r r y
F.
W
a l k e r
,
Secretary and Treasurer.
Names of security committee:
T
H .
h o m a s
J
a c k m a n
C
,
L
a l v in
P
ie r c e
e v i
P
r e st o n
,
.
Regular meetings the third Saturday of each month.
B alance Sheet Oct.
31, 1904.
L ia b il it ie s .
A sset s .
$326,025 00
Loans on real estate,
7,000 00
Loans on shares, .
511 96
Temporary expense account,
5,900 73
E,eal estate by foreclosure, .
2,800
00
Mortgages.....................................
4 -84
Profit and loss,
53 99
T ax account, .
.
.
.
Cash in hands of treasurer, .
718 17
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus.
.
.
.
.
Matured share account,
$343,014 69
$279,588
48,131
6,836
84
189
1
32
1,524
5,600
1,025
00
72
42
94
49
75
08
00
54
75
$343,014 69
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeited shares, .
real estate by foreclosure, .
.
.
.
matured share account,
rent account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$73,350
17,369
236
456
3
50,250
00
02
41
35
00
00
3,600 00
1,000
3,000
93
210
00
00
34
75
8,392
5,552
18
560
33
10
12
11
$164,091 53
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure,
matured share account,
sumlus account, .
profit and loss,
tax account, .
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$103,075
4,650
31,868
291
3,868
6,333
11
1,664
1,587
210
00
00
00
00
00
76
34
10
03
75
69
3,874
5,555
150
5
140
718
27
05
95
00
04
07
17
$164,091 53
No. 8.1
I
SAVINGS BAN K COMMISSIONERS.
207
J
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
L oans
R eal E sta te .
Rate.
$246,425 00
73,000 00
5.50 per cent.
6.30
$6,600 00
Shares.
Amount.
Rate.
Amount.
Amount.
on
6.60 per cent.
$7,000 00
Rate.
5.50 per cent.
1892,
1893,
189 5,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
$198
186
175
165
154
144
134
125
115
106
98
89
81
73
65
58
51
43
37
30
23
17
11
5
Dues paid in advance, .
Total,
Total
Value.
Dec.,
June,
Dec.,
June,
Dec.,
June,
D ec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Shares in
Force.
D ate of
I ssu e .
23
39
99
127
96
90
14
77
34
72
106
54
174
75
125
20
83
96
96
227
273
27
103
79
75
60
176
59
148
84
343
34
358
02
295
92
419
00
475
26
404
70
422
31
08 1,156
691
00
$4,562
23,747
16,886
12,715
5,260
15,321
23,446
15,650
9,624
24,279
26,827
9,248
6,120
12,951
9,744
20,010
18,265
12,956
15,503
14,373
9,574
7,304
12,808
3,455
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
97
73
40
78
48
24
50
00
68
92
71
37
00
84
32
62
16
40
00
50
80
82
48
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
48,131 72
3,070 00
150 00
$330,789 72
Total,
1,890
Number of shares issued during the year,
6,410
Number of shares now in force,
.
.
.
.
1,825
Number of shares now borrowed upon, .
.
25
Largest number of shares held by any one member,
. 628
Number of shares withdrawn during the year,
. 20
Number of shares forfeited during the year, .
.
27
Number of shares matured during the year, .
Highest rate of premium or interest received on money sold during the y ea r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5^ per cent.
Rate of profits distributed : first term, 2£ per cen t.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$279,588 00
$330,789 72
208
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................102
Present number of m e m b e r s ,.................................................................................. 891
Present number of borrow ers,.................................................................................. 268
Present number of non-borrow ers,.........................................................................623
Number of loans secured by first mortgage of real estate,
.
.
. 282
Number of loans on s h a r e s , .....................................................................................31
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one member, .
.
.
.................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,587 03
Date of examination by commissioner : January 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
209
P E O P LE ’S C O -O P E R A T IV E B A N K — F A L L R IV E R .
Incorporated Feb. 18,1882.
J
o h n
H.
E
,
st e s
President.
C
Commenced business March 15, 1882.
H.
h a r l e s
D
u r e e e
,
Secretary and Treasurer.
Names of security committee:
J
o h n
H .
P
a t r ic k
E
K
st e s
,
C
ie r a n
,
A
M
b n e r
P . D
h a r l e s
ic h a e l
a y o l
H .
S
D
u r e e e
w e e n e y
,
,
.
Regular meetings the third Wednesday of each month.
B
alance
Sheet Oct.
L ia b il it ie s .
A ss et s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
$257,700
8,600
10,243
.
2,137
215
2,520
.
00
00
82
48
00
94
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
.
$231,480
41,971
2,042
5,887
35
00
30
40
68
86
$281,417 24
$281,417 24
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
____
_
.
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
real estate by foreclosure, .
.
.
.
surplus,
profits capital,
Cash on hand Oct. 31,1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$59,905
13,853
18
364
39,650
00
58
50
65
00
1,350 00
1,200 00
15,050 00
2,576
18
103
7,400
58
00
62
58
$141,490 51
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
profits capital matured,
temporary expenses,
real estate by foreclosure,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$66,650
7,550
43,877
204
5,921
864
7,874
30
2,258
345
1,228
2,166
2,520
00
00
00
00
00
00
17
84
76
30
14
36
94
$141,490 51
210
[Pub. Doc.
REPORT OF THE
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
on
Rate.
Amount.
Amount.
$3,000 00
on
Amount.
6 ^ - per cent.
38
5J per cent.
6
Rate.
O O
O O
O O
$250,700 00
4,000 00
L o an s
Re a l E s t a t e .
Sh ar es .
Rate.
5J per cent.
6
Total,
.
.
.
.
.
.
.
.
.
.
•
.
.
.
.
.
.
.
.
.
.
.
.
.
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
.
.
$200
188
177
167
156
146
137
127
118
109
100
92
83
75
68
60
53
45
38
31
25
18
12
6
19
99
96
24
88
79
00
48
25
30
58
13
93
96
16
54
13
90
84
96
24
69
31
08
.
.
.
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te of
I ssue .
N o v .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov.,
M ay,
Value per
Share.
Beconeiliation o f Share Account with Dues and Profits Capital.
28
54
65
49
70
109
108
87
100
113
151
127
129
216
216
416
168
233
222
404
417
544
437
420
$5,605
10,205
11,567
8,194
10,981
16,000
14,796
11,090
11,825
12,350
15,187
11,700
10,826
16,407
14,722
25,184
8,925
10,694
8,622
12,911
10,525
10,167
5,379
2,553
32
46
40
76
60
11
00
76
00
90
58
51
97
36
56
64
84
70
48
84
08
36
47
60
$276,427 30
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
Total,
$231,480 00
41,971 30
2,976 00
$276,427 30
Number of shares issued during the y e a r , .................................................. 1,039
Number of shares now in f o r c e , ......................................................................4,883
Number of shares now borrowed u p o n ,............................................................1,447
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year,
.
.
.
.
1,166
Number of shares retired during the y e a r , ....................................................... 42
Number of shares matured during the year............................................................. 6
Highest rate of premium or interest received on money sold during the y ea r:
6 -^ per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5^ per cent.
Rate of profits distributed : first term, 2^ per cen t.: second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................187
Present number of m e m b e r s ,...................................................................................573
Present number of borrowers,...................................................................................145
Present number of non-borrow ers,.........................................................................428
Number of loans secured by first mortgage of real estate,
.
.
. 119
Number of loans on s h a r e s , .....................................................................................26
Largest loan to any one m e m b e r ,............................................................................... $5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,228 14
Date of examination by commissioner : September 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
211
SAYINGS BAN K COMMISSIONERS
P IO N E E R C O -O P E R A T IV E B A N K — BOSTON.
Incorporated July 26, 1877.
J
o h n
C.
C
o o k
,
President.
Commenced business Aug. 6, 1877.
D
E
a n ie l
l d r e d g e
,
Secretary and Treasurer.
Names of security committee:
H
J
P.
e n r y
o h n
C.
C
O
a k m a n
o o k
,
,
G
e o r g e
W .
E
l b r id g e
W
a l t e r
W
a r r e n
K.
H .
R
N
e w h a l l
o b e r t s
,
,
.
Regular meetings the first M onday of each month.
B ala n c e Sh ee t O ct.
31, 1904.
L ia b il it ie s .
A ss e t s .
$262,700 00
Loans on real estate,
8,150 00
Loans on shares, .
275 00
Temporary expense account,
16,660 93
Real estate by foreclosure,
.
26,889 69
Mortgages,
.
.
.
.
Unpaid interest,
1,255 57
10
Unpaid premiums,
119 02
Unpaid fines, .
.
.
.
30 84
Mortgage balance, .
Cash in hands of treasurer, .
3,797 85
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$273,691
36,629
1,248
5
75
85
5,100
2,927
115
00
83
58
45
18
50
50
00
54
42
$319,879 00
$319,879 00
Detailed Statement o f Receipts and Disbursements for the Year ending
.
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
matured share account,
mortgages. .
temporary expense,
surplus,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$74,778
14,451
79
590
5
20,200
00
31
15
46
75
00
4,000 00
6,350 00
798 30
339
4,384
3,207
9
9
677
29
80
56
12
00
45
$129,880 19
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure.....................................
matured share account,.
mortgage balance,.
dues capital, .
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$68,600
8,000
30,044
6,247
3,194
2.343
2,539
217
00
00
00
00
04
07
06
53
31 82
441
4,384
30
9
3,797
18
80
84
00
85
$129,880 19
212
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Bates o f Interest.
L oans
Amount.
$235,600 00
2,000 00
250 00
on
R e al E s t a t e .
L o an s
on
S h ak es .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
H
5h
$1,150 00
22,700 00
1,000 00
5|
per cent.
6.30
“
6.60
“
$8,150 00
5.0 0 per cent.
29 $198 40
30
187 11
31
176 20
32
165 63
33
155 40
34
145 44
35
135 84
36
126 53
37
117 47
38
108 67
39
100 11
40
91 84
41
83 79
42
75 98
43
68 33
44
60 88
45
53 62
46
46 52
47
39 57
48
32 78
49
26 14
50
19 64
51
13 29
52
7 08
53
1 00
Dues paid in advance, .
Total,
Total
' Value.
1892, .
1893, .
1893, .
1894, .
1894, .
1895, .
1895, .
1896, .
1896, .
1897, .
1897, .
1898, .
1898, .
1899, .
1899, .
1900, .
1900, .
1901, .
1901, .
1902, .
1902, .
1903, .
1903, .
1904, .
1904, .
Shares in
Force.
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Value per
Share.
JDa te of
I ssu e .
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
8
66
29
21
22
81
12
39
68
81
245
227
199
410
338
329
419
449
447
540
551
599
491
501
127
$1,587
12,349
5,109
3,478
3,418
11,780
1,630
4,934
7,987
8,802
24,526
20,847
16,674
31,151
23,095
20,029
22,466
20,887
17,687
17,701
14,403
11,764
6,525
3,547
127
20
26
80
23
80
64
08
67
96
27
95
68
21
80
54
52
78
48
79
20
14
36
39
08
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
36,629 83
2,515 00
*
.
•
321 00
$312,835 83
Total,
Number of shares issued during the y e a r , ................................................. 770
Number of shares now in f o r c e , ........................................................... 6,299
Number of shares now borrowed u p o n ,................................................. 1,531
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................752
Number of shares matured during the y e a r ,................................................. 43
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2\ per cent.; second term, 2\ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$273,691 00
$312,835 83
N o. 8.]
SAYINGS BAN K COMMISSIONERS.
Number of members withdrawn during the year, .
Present number of members, .
Present number of borrowers, .
.
Present number of non-borrowers, .
Number of loans secured by first mortgage of real estate,
Number of loans on shares,
Largest loan to any one member, .
.
.
213
. 101
. 800
. 155
. 645
. 152
.
40
Smallest loan to any one member, .
Am ount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: April 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
50 00
2,529 94
214
REPORT OF THE
[Pub. Doc.
P IT T SF IE L D C O -O P E R A T IV E B A N K — P IT T SF IE L D .
Incorporated Feb. 15, 1889.
H
e n r y
It.
P
e ir s o n
,
President.
Commenced business March 5, 1889.
H
o m e r
B.
N
a s h
,
Secretary and Treasurer.
Names of security committee:
H . S.
R
u s s e l l
E. H.
,
M
ic h a e l
Ca
s e y
N
a s h
,
.
Regular meetings the second Wednesday of each month.
Balance Sheet Oct.
A ssets .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
$454,530
26,690
20,925
.
696
.
31,286
00
00
06
00
58
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$534,127 64
$458,466
68,823
3,780
2,232
825
00
26
44
76
18
$534,127 64
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
D isbu r se m e n t s .
From dues capital,
$136,541 00
interest,
23,797 35
fines,
.
.
.
.
596 01
transfer fees,
75
real estate loans repaid,
63,675 00
real estate loans elimi3,000 00
nated by foreclosure,
real estate loans eliminated by maturity of
shares,
5,400 00
share loans repaid,
31,275 00
withdrawal profits,
853 13
forfeited shares, .
24 30
real estate by foreclosure, .
.
.
.
1,760 13
temporary expense,
32 75
Cash on hand Oct. 31,1903, .
23,815 98
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$290,771 40
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured,
temporary expenses,
forfeited shares,
real estate by foreclosure.....................................
surplus, .
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$115,375
30,820
64,579
24,236
7,331
9,503
2,341
12
00
00
00
00
58
64
60
00
4,752 03
533 97
31,286 58
$290,771 40
No. 8.]
215
SAVINGS BANK COMMISSIONERS.
Total Amount o f Loam at Specified Rates o f Interest.
L o an s
L o an s
R eal E sta te .
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
-
-
$24,020 00
2,670 00
5.0 0 per cent.
6.00
Amount.
$454,530 00
on
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
N ov..
M ay,
N o v .,
M ay,
N ov .,
M av,
N ov .,
M av,
N ov.,
M av,
N ov..
M ay,
N ov.,
M ay,
N ov .,
M av,
N ov.,
M ay,
N ov ..
M ay,
1892,
1893,
1893,
1894,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$202
191
180
169
159
154
144
135
125
116
108
99
91
83
75
67
59
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
64
45
55
93
60
04
46
06
84
83
05
51
17
04
13
43
94
66
54
58
79
15
65
30
08
62
83
55
74
32
53
152
183
163
144
199
276
334
319
361
365
509
524
642
811
1,061
923
1,237
1,322
1,384
Total
Value.
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$12,563
15,890
9,930
12,574
5,107
8,164
21,957
24,715
20,511
16,823
21,501
27,464
30,450
26,489
27,121
24,611
30,509
27,593
29,236
31,288
33,729
23,213
23,070
16,260
8,414
68
35
25
82
20
12
92
98
92
52
95
76
78
76
93
95
46
84
68
38
19
45
05
60
72
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
68,823 26
2,582 00
674 00
$529,871 26
Total,
Number of shares issued during the y e a r , ........................................3,066
Number of shares now in f o r c e , ........................................................... 11,268
Number of shares now borrowed u p o n ,................................................. ■
3,445
Largest number of shares held by any one member.................................... 25
Number of shares withdrawn during the year,
.
.
.
.
2,301
Number of shares matured during the y e a r ,................................................. 166
Highest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2| per cent.; second term, 2,} per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$458,466 00
$529,871 26
216
REPORT OF THE
Number of members withdrawn during the year, .
Present number of m e m b e r s ,.................................................
Present number of borrowers,.................................................
Present number of non-borrowers,........................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,.......................................
Smallest loan to any one m e m b e r ,.......................................
Am ount of expenses of the corporation for the year endin.
Date of examination by commissioner : June 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
. 268
1,372
. 382
. 990
. 296
.
148
\
1904,
.
15 00
2,308 85
No. 8.]
217
SAVINGS BAN K COMMISSIONERS.
P L Y M O U T H C O -O P E R A T IV E B A N K — P L Y M O U T H .
Incorporated June 7, 1882.
F r e d e r ic k D . B a r t l e t t , President.
Commenced business June 20, 1882.
E l m e r E . A v e r t , Secretary and Treasurer.
Names of security committee :
P e l e g S. B u r g e s s ,
S eth W . P a t y ,
J a m e s B . C o l l in g w o o d ,
J o se p h B a r n e s ,
F r a n k 11. C u s h m a n .
Regular meetings the third Tuesday of each month.
B a l a n c e S h e e t O c t . 31 , 1904 .
L ia b il it ie s .
A ss e t s .
$155,050 00
Loans on real estate,
20,250 00
Loans on shares, .
85 77
Permanent expense account,
499 65
Temporary expense account,
Real estate by foreclosure,
.
2,507 66
Unpaid dues.................................
2,117 00
Suspense account, .
1,987 37
10,000 00
Notes and bonds, .
Cash in hands of treasurer, .
4,608 81
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Forfeiture profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Undivided profits,
Advance payments,
$156,973
31,808
4,454
408
280
2
142
2
834
649
93
771
685
00
06
04
07
35
75
38
48
86
41
49
38
99
$197,106 26
$197,106 26
•
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31,1904.
R e c e ip t s .
From dues capital,.
interest,
. • .
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity
of shares, .
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
temporary expense,
suspense account,
unpaid dues,
advance payments,
term deposit,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$38,942
10,299
987
822
8
19,550
00
94
29
05
00
00
800 00
5,350
7,180
165
2
00
00
45
48
1,295
108
599
843
2,580
5,000
3,296
00
75
11
00
00
00
37
$97,829 44
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital matured,
temporary expenses,
notes and bonds, .
interest, .
.
.
.
real estate by foreclosure,
advance payments,
fines rebated, .
term deposit, .
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$33,950
11,470
7,404
136
13,248
994
9
5,965
1,278
10,000
76
1,066
2,621
00
00
00
00
00
36
84
08
62
00
69
93
03
08
5,000 00
4,608 81
$97,829 44
REPORT OF THE
218
[Pub. Doc
Total Amount of Loans at Specified Bates of Interest.
L oans
Amount.
$104,650
31,200
8,950
2,650
on
R e al E s t a t e .
Rate.
00
00
00
00
L o an s
Amount.
6.30 per cent.
6.6 0
“
6.90
7.20
“
$2,250
3,250
1,400
700
Rate.
00
00
00
00
on
Sh a k e s .
Amount.
7.50 per cent.
7.80
8.10
“
8.40
“
$11,630
3,170
1,520
110
490
150
2,730
270
130
50
00
00
00
00
00
00
00
00
00
00
Rate.
6.3 0 per cent.
6.6 0
“
6.90
“
7.50
“
7.80
“
8.10
«
8.40
“
8.70
“
9.00
“
10.80
“
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Total,
$193
181
170
159
148
138
128
119
109
100
91
83
75
67
59
51
44
37
30
23
17
11
5
19
66
43
52
96
72
78
14
82
75
98
48
22
22
45
91
56
46
57
88
39
10
00
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,
Shares in
Force.
D ate of
I ss u e .
Value per
Share.
Scries.
Beconciliation of Share Account with Dues and Profits Capital.
74
69
41
78
37
99
53
61
68
86
112
137
82
148
120
131
133
233
270
344
258
401
240
$14,296
12,534
6,987
12,442
5,511
13,733
6,825
7,267
7,467
8,664
10,301
11,436
6,168
9,948
7,134
6,800
5.926
8.728
8.253
8,214
4,486
4,451
1,200
06
54
63
56
52
28
34
54
76
50
76
76
04
56
00
21
48
18
90
72
62
10
00
$188,781 06
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Total,
Number of shares issued during the y e a r , ..................................................... 708
Number of shares now in f o r c e , ..................................................................... 3,275
Number of shares now borrowed u p o n ,............................................................1,148
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the y e a r , ........................................... 218
Number of shares forfeited during the y e a r , ......................................................... 4
Number of shares matured during the y e a r ,....................................................... 96
Highest rate of premium or interest received on money sold during the y e a r:
30 cents premium.
Lowest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Rate of profits distributed: first term, 3£ per cent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$156,973 00
31,808 06
$188,781 06
SAYINGS BAN K COMMISSIONERS.
.
.
.
.
.
61
624
221
403
257
.
157
Smallest loan to any one m em b e r,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : September 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
00
10 00
1,236 58
o
o
o
Number of members withdrawn during the year, .
.
.
.
Present number of m e m b e r s ,....................................................................
Present number of borrowers,
.*
.................................................
Present number of non-borrowers,...........................................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , ....................................................................
Largest loan to any one m e m b e r ,...........................................................
219
CO
No. 8.]
[Pub. Doc.
REPORT OF THE
220
P R O V ID E N T C O -O P E R A T IV E B A N K — C H ELSE A.
Incorporated Sept. 25, 1885.
Commenced business Sept. 28, 1885.
C. W
T h o m a s M a r t i n , President.
il l i s
G o u l d , Secretary and Treasurer.
Names of security committee:
M il t o n R a t ,
John W . D orr,
H e n r y C. S t a r k e y .
Regular meetings the fourth Monday of each month.
Balance Sheet O ct.
L ia b il it ie s .
A ss et s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Mortgages,
.
.
.
.
Cash in hands of treasurer,
31, 1904.
$597,274
22,250
16,181
.
2,136
8,434
.
50
00
05
54
82
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Matured share account,
.
$511,113
94,796
7,700
9,103
3
23,559
00
79
00
89
58
65
$646,276 91
$646,276 91
Detailed Statement o f Receipts and Disbursements jo r the Year ending
Oct. 31,1904.
D isbu r se m e n t s .
R e c e ip t s .
$129,314 00
From dues capital,
30,839 55
interest,
752 40
premiums, .
1,288 06
fines,
.
.
.
.
61,650 00
real estate loans repaid,
real estate loans elimi3,400 00
nated by foreclosure,
real estate loans eliminated by maturity of
6,250 50
shares,
16,700 00
share loans repaid,
1,595 05
withdrawal profits,
real estate by foreclos9,690 80
ure, .
.
.
.
47,960 14
matured share account,
186 40
mortgages, .
776 81
11,803 17
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$322,206 88
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured,
temporary expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
matured share account,.
taxes and repairs, .
interest refunded, .
Cash on hand Oct. 31,1904, .
$158,275
18,300
44,931
38,748
6,154
15,965
2,757
00
00
00
00
89
41
33
552
3,058
24,400
620
8
8,434
04
85
49
80
25
82
$322,206 88
No. 8.]
221
SAYIN GS BANK COMMISSIONERS
Total Amount of Loans at Specified Bates of Liierest.
L oans
Amount.
$18,200
447,325
43.599
4,000
00
00
50
00
on
R e al E s t a t e .
L o an s
Rate.
Amount.
Kate.
5.00 per cent.
5.25
“
5.50
«
6.30
$65,850 00
16,800 00
1,500 00
6.60 per cent.
6.90
«
7.20
“
on
S h ar es .
Amount.
$3,650
18,050
200
300
50
00
00
00
00
00
Rate.
5.00 per cent.
5.25
6.60
6.90
7.20
»
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
$192
181
170
159
148
138
128
119
109
101
92
84
76
68
60
53
45
38
32
25
18
12
6
Dues paid in advance, .
Total,
•
88
23
01
11
58
45
60
11
95
09
51
15
08
24
62
20
96
90
01
29
73
33
09
Total
Value.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares In
Force.
Series.
D a t e of
I ss u e .
M ay,
Nov..
M ay.
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov .,
M av,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov .,
M ay,
Value per
Share.
Beconcilialion of Share Account with Dues and Profits Capital.
134
121
166
133
197
153
194
236
320
454
332
470
429
435
429
718
603
622
698
735
1,096
859
1,266
$25,845
21,928
28,221
21,161
29,270
21,182
24,948
28,109
35,184
45,894
30.713
39,550
32,638
29,684
26,005
38,197
27,713
24,195
22,342
18,588
20,528
10,591
7,709
92
83
66
63
26
85
40
96
00
86
32
50
32
40
98
60
88
80
98
15
08
47
94
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
94,796 79
4,875 00
576 00
$610,784 79
Total,
Number of shares issued during the y e a r , ....................................... 2,264
Number of shares now in f o r c e , ........................................................... 10,800
Number of shares now borrowed u p o n ,................................................. 3,627
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,352
Number of shares matured during the y e a r , ................................................. 271
Highest rate of premium or interest received on money sold during the year,
0-4 per cent.
Lowest rate of premium or interest received on money sold during the year,
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$511,113 00
$610,784 79
222
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................173
Present number of m e m b e r s ,............................................................................... 1,309
Present number of borrowers,.................................................................................. 350
Present number of non-borrowers,.........................................................................959
Number of loans secured by first mortgage of real estate,
.
.
. 333
Number of loans on s h a r e s , .....................................................................................98
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
2,757 33
Date of examination by commissioner : January 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
i
No. 8.]
223
SAYINGS BANK COMMISSIONERS.
Q U IN C Y C O -O P E R A TIV E B A N K — Q U IN C Y .
Incorporated April 17, 1889.
J ohn F . W
elch,
President.
R
Commenced business M ay 7, 1889.
ic h a r d
D . C h a s e , Secretary and Treasurer.
Names of security committee:
G eorge H . F ie l d ,
J o h n H . D in e g a n ,
A n d r e w M il n e .
Regular meetings the first Wednesday of each month.
B a la n c e Sh e e t Oc t .
L ia b il it ie s .
A ss et s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Mortgages,
.
.
.
.
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
$252,155
10,840
1,002
.
3,450
1,956
12
178
3,706
.
00
00
95
00
68
88
05
34
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$224,282
44,698
1,358
2,956
7
00
19
00
71
00
$273,301 90
$273,301 90
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31,1904.
D isb u r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares.
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
temporary expense refunded,
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$54,177
13,341
122
452
3
16,900
00
68
98
72
50
00
1,150 00
9,150
6,586
696
14
355
00
00
86
27
08
5,077 58
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
mortgages,
Cash on hand Oct. 31, 1904,
$36,165
7,775
16,377
298
14,577
13 509
2,763
57
6,082
5,478
1,144
355
00
00
00
00
00
00
26
08
90
55
52
08
402
1,405
2,500
3,706
61
28
00
34
2 00
150 00
4,416 95
$112,596 62
$112,596 62
224
[Pub. Doc
REPOET OF THE
Total Amount of Loans at Specified Rates of Interest.
L o an s
on
L oans
R e al E s t a t e .
on
Sh a r e s .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$208,605 00
10,100 00
5.00 per cent.
6.00
»
$33,450 00
6.30 per cent.
$9,340 00
1,350 00
150 00
5.00 per cent.
6.00
“
6.30
“
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov ..
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$194
182
171
160
149
139
129
120
110
101
93
84
76
68
60
53
46
38
32
25
18
12
6
26
62
34
44
87
66
78
20
88
90
15
73
56
58
88
37
08
96
04
30
73
33
09
65
50
68
72
37
118
164
123
200
141
106
131
161
197
245
336
150
287
308
335
496
436
387
Total
Value.
Shares in
Force.
D ate of
I ssu e .
Value per
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
$12,626
9,131
11,651
11,551
5,545
16,479
21,283
14,784
22,176
14,367
9,873
11,099
12,326
13,510
14,915
17,932
6,912
11,181
9,868
8,475
9,290
5,375
2,356
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$272,860 19
Total,
Number of shares issued during the y e a r , ................................................. 861
Number of shares now in f o r c e , ........................................................... 4,613
Number of shares now borrowed u p o n ,................................................. 1,637
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ........................................396
Number of shares forfeited during the y e a r ,................................................. 6
Number of shares retired during the year........................................................ 105
Number of shares matured during the y e a r ,................................................. 95
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year
5 per cent.
Rate of profits distributed: first term,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$224,282 00
44,698 19
3,880 00
144 00
Dues paid in advance, .
Total,
90
00
12
68
19
88
92
60
00
90
90
63
16
26
60
32
00
52
32
50
08
88
83
per cent.; second term, 2£ per cent.
$272,860 19
No. 8.]
SAYINGS BANK COMMISSIONERS.
225
Number of members withdrawn during the year...........................................68
Present number of m e m b e r s ,.................................................................................. 666
Present number of b o r r o w e r s , ......................................................................... 179
Present number of non-borrowers,.........................................................................487
Number of loans secured by first mortgage of real estate,
.
.
. 179
Number of loans on s h a r e s , .....................................................................................49
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
50 00
Smallest loan to any one m e m b e r ,..............................................................................
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,142 52
Date of examination by commissioner: January 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
226
. [Pub. Doc.
R A N D O LP H C O -O P E R A T IV E B A N K - R A N D O LP H .
Incorporated Jan. 29, 1889.
F
r a n k l in
W .
H
a y d e n
,
Commenced business Feb. 7, 1889.
President.
P
H .
a t r ic k
M
c
L
a u g h l in
,
Secretary and Treasurer.
Names of security committee:
F
r a n k l in
W.
H
a y d e n
H
,
a r v e y
J
W .
B
o y d
o h n
T.
F
l o o d
,
.
Regular meetings the first Thursday of each month.
B alance Sh eet Oct.
A ssets.
Loans on real estate,
Loans on shares, .
Temporary expense account,
Unpaid fines, .
.
.
.
Personal account, .
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$39,850 00
865 00
95 00
80
12 88
990 47
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
.
$41,814 15
$34,508
4,014
401
1
27
1,092
1,768
00
89
17
35
95
06
73
$41,814 15
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure...................................
personal accounts,
retired share account, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u k se m e n t s .
$12,220
2,765
9
57
4,400
00
39
65
59
00
600 00
4.300 00
2,245 00
46 90
1,595
16
11,939
1,235
52
00
20
91
$41,431 16
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
profits capital matured,
temporary expenses,
real estate by foreclosure,
retired share account, .
surplus, .
.
.
.
Cash on hand Oct. 31, 1904,
$5,600
1,315
3,288
270
10,234
3,112
523
95
1,705
1,329
323
679
11,939
26
990
00
00
00
00
00
00
36
46
20
52
63
32
20
00
47
$41,431 16
No. 8.]
SAVINGS BANK COMMISSIONERS.
227
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
Amount.
Rate.
$36,500 00
6.00 per cent.
R eal E s t a t e .
L o an s
Amount.
Rate.
$3,350 00
on
Amount.
6.30 per cent.
$865 00
Sh a r e s .
Rate.
6.00 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
10
12
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$184
162
142
132
123
114
105
96
88
79
71
64
56
49
42
35
28
21
15
9
3
33
74
37
63
18
00
09
47
00
82
87
10
55
21
13
10
33
74
32
08
00
Total
Value.
1893,
1894,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a te of
I ssue .
A u g .,
A u g .,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
5
3
9
5
5
7
8
4
1
12
67
92
68
77
79
100
71
102
84
101
127
$921
488
1,281
663
615
798
840
385
88
957
4,815
5,897
3,845
3,789
3,328
3,510
2,011
2,217
1,286
917
381
Dues paid in advance, .
Total,
•
•
65
22
33
15
90
00
72
88
00
84
29
20
40
17
27
00
43
48
88
08
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$34,508 00
4,014 89
527 00
►
10 00
•
•
$39,049 89
Total,
$39,049 89
Number of shares issued during the y e a r , ................................................. 228
Number of shares now in force................................................................... 1,027
Number of shares now borrowed u p o n ,..........................................................262
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year................................................ 85
Number of shares forfeited during the y e a r ,................................................. 3
Number of shares retired during the y e a r , ................................................. 154
Number of shares matured during the y e a r ,................................................. 22
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Rate of profits distributed : first term. 2^ per cent.; second term, 2^ percent.
Number of members withdrawn during the y e a r ,....................................... 49
Present number of m e m b e r s ,.................................................................................. 211
Present number of borrowers,.................................................................................... 57
Present number of non-borrowers,.........................................................................15.4
Number of loans secured by first mortgage of real estate,
.
.
.5 1
Number of loans on s h a r e s , .................................................................................... 11
Largest loan to any one m e m b e r ,.............................................................................. $2,400 00
Smallest loan to any one m e m b e r,...............................................................................
15 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
323 63
Date of examination by commissioner : January 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
228
R E A D IN G C O -O P E R A T IV E B A N K — R E A D IN G .
Incorporated N ov . 27, 1886.
E
d w a r d
H .
P
a l m e r
Commenced business Dec. 6, 1886.
President.
,
E
d g a r
H
N.
H
u n t
,
a r r y
P .
B
o sso n
,
Secretary.
Treasurer.
Names of security committee :
L
e w is
M.
B
a n c r o f t
H
,
G
e n r y
R.
J
a l e n
o h n so n
A.
P
a r k e r
,
.
Regular meetings the first Monday of each month.
B alance Sh eet Oct.
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Mortgages,
.
.
.
.
Insurance account,
Cash in hands of secretary,
Cash in hands of treasurer,
31, 1904.
L i a b il it ie s .
$231,267
8,535
17,424
17,713
46
.
337
12,070
.
.
00
00
'28
00
52
36
28
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Due on mortgage loans,
.
$287,393 44
$240,220
39,668
1,600
5,355
49
500
00
35
00
59
50
00
$287,393 44
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1 904.
D isbu rsem en ts .
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure...................................
insurance,
profits capital,
rents, .
.
.
.
temporary expense,
mortgages, .
incomplete real estate
loans,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$57,417
14,388
240
499
2
38,970
00
73
15
25
00
00
1,972 00
1,580
5,460
248
3
1,166
00
00
21
27
90
3,236 58
51 75
10
1,072 92
25 00
793 00
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital m atured,.
temporary expenses,
forfeited shares.
real estate by foreclosure,
interest returned, .
insurance,
mortgages,
real estate expense,
security committee,
incomplete real estate
loans, .
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$56,150
8,575
39,542
1,036
10,548
4,808
228
3,964
1,043
1,166
1,958
32
65
3,100
867
5
00
00
00
00
00
47
71
10
76
90
58
14
77
00
17
00
1,980 00
12,407 64
800 00
19,552 38
$147,479 24
$147,479 24
No. 8.]
229
SAVINGS BANK COMMISSIONERS
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L oans
B e a i, E s t a t e .
on
S h ar es .
Rate.
Amount.
Amount.
Rate.
Amount.
Rate.
$170,005 00
3,500 00
43,727 00
6.00 per cent.
6.25
“
6.30
«
$10,985 00
3,050 00
6.60 per cent.
6.90
“
$8,535 00
6 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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
$203
191
182
172
161
151
142
132
123
114
106
97
89
81
74
66
59
52
45
38
31
25
18
12
6
31
96
77
09
76
74
02
61
46
61
05
73
67
82
15
66
37
25
28
48
77
12
63
28
07
Total
Value
1892,
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te o r
I ssue .
June,
Dec.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N o v .,
M ay,
N ov .,
M ay,
Value per
Share.
Reconciliation o f Share Account ivilh Dues and Profits Capital.
40
76
53
69
56
59
57
77
130
82
214
113
120
173
159
343
232
282
306
227
346
259
332
475
450
$8,132
14,588
9,686
11,874
9,058
8,952
8,095
10,210
16,049
9,398
22,694
11,043
10,760
14.154
11,789
22,864
13,773
14,734
13,855
8,734
10,992
6,506
6,185
5,833
2,731
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$283,040 35
Total,
Number of shares issued during the year................................................1,054
Number of shares now in force,
.
.
.
.
.
.
.
4,730
Number of shares now borrowed upon.................................................... 1,337
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,011
Number of shares forfeited during the y e a r ,................................................. 20
Number of shares matured during the y e a r , ................................................. 71
Highest rate of premium or interest received on money sold during the year:
6 per cent.
Lowest rate of premium or interest received on money sold during the year :
6 per cent.
Rate of profits distributed : first term,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$240,220 00
39,668 35
3,152 00
338 00
Dues paid in advance, .
Total,
40
96
81
21
56
66
14
97
80
02
70
49
40
86
85
38
84
50
68
96
42
08
16
00
50
per cen t.; second term, 2£ per cent.
$283,040 35
230
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................83
Present number of members, .
..................................................................... 667
Present number of b o r r o w e r s , ......................................................................... 181
Present number of non-borrowers........................................................................... 486
Number of loans secured by first mortgage of real estate,
.
.
.160
Number of loans on s h a r e s , .....................................................................................21
Largest loan to any one m e m b e r ,............................................................................... $5,000 00
Smallest loan to any one m em b er,...............................................................................
25 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,018 76
Date of examination by commissioner : September 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No; 8.]
SAVINGS BANK COMMISSIONERS.
231
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 .
Incorporated July 16, 1889.
J
o se p h
G. T
h o r p
,
President.
E
Commenced business July 16, 1889.
d w a r d
W . W
h it e
,
Secretary a n d Treasurer.
B
r o w n
Names of security committee:
G
I
H .
e o r g e
saac
M
c
L
St
e a n
e a r n s
,
,
W
R
H
e r m a n
B
P .
il l ia m
o b e r t
ir d
B
,
u t t e r w o r t h
,
.
Regular meetings the second Wednesday of each month.
Balance S heet Oc t.
A ss e t s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
#400,735 00
Loans on shares, .
28,289 00
374 40
Permanent expense account,.
Temporary expense account,
581 08
Real estate by foreclosure, .
9,397 27
Unpaid interest,
2,463 30
Unpaid fines, .
.
.
.
151 12
T ax account, .
.
.
.
250 29
7,121 21
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Security committee,
Rent account,
#449,362 67
#383,077
54,180
7,017
174
1
397
2,500
1,425
269
17
301
00
90
97
09
25
18
00
73
55
50
50
#449,362 67
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 3 7 ,1 9 0 4 .
R e c e ip t s .
D isbu rse m e n t s .
From dues capital,
#110,637 00
interest,
20,777 74
fines....................................
549 37
transfer fees,
1 75
real estate loans repaid,
28,575 00
real estate loans eliminated by foreclosure,
4,600 00
real estate loans eliminated by maturity of
2,000 00
shares,
share loans repaid,
23,227 00
962 61
withdrawal profits,
forfeited shares, .
231 65
real estate by foreclos629 42
ure...................................
rent account,
191 50
22 95
tax account,.
52 50
security committee,
16,112 62
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
#208,571 11
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
permanent expenses,
forfeited shares,
real estate by foreclosure,
tax account, .
security committee,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$84,850
20,354
56,531
946
17,280
7,003
91
6,885
1,770
69
203
5,274
143
47
7,121
00
00
00
00
00
05
61
60
77
50
65
11
11
50
21
$208,571 11
232
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rales o f Interest.
L o an s
Amount.
on
Kate.
$379,125 00
20,810 00
Re a l E s t a t e .
L o an s
Rate.
Amount.
6.60 per cent.
$28,019 00
270 00
Amount.
5.00 per cent.
$800 00
6.00
on
Sh a r e s .
R ate.
5.00 per cent.
6.00
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$193
182
171
161
150
141
131
54
37
59
05
91
13
47
122 28
113 22
104 49
95 99
87 72
79 73
71 93
64 33
56 95
49 76
42 74
35 90
29 20
22 69
16 32
10 09
4 00
Dues paid in advance, .
Suspense profits,
Total,
19
82
72
80
97
130
149
87
213
142
324
186
381
292
528
323
562
430
838
525
1,075
754
1,169
1,054
Total
Value.
Shares In
Force.
D a te of
Is s u e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$3,677
14,954
12,354
12,884
14,638
18,346
19,589
10,638
24,115
14,837
31,100
16,315
30,377
21,003
33,966
18,394
27,965
18,378
30,084
15,330
24,391
12,3"5
11,795
4,216
26
34
48
00
27
90
03
36
86
58
76
92
13
56
24
85
12
20
20
00
75
28
21
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
54,180 90
4,499 00
82 00
14 60
$441,756 90
Total,
Number of shares issued during the y e a r , ..................................................2,654
Number of shares now in f o r c e , ..................................................................... 9,512
Number of shares now borrowed u p o n ,........................................................... 2,708
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
2,120
Number of shares forfeited during the y e a r ,....................................................... 49
Number of shares matured during the y e a r ,..................................................... 120
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2f per cent.; second term ,2§ per cent.
Number of members withdrawn during the y e a r ,....................................... 179
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$383,077 00
$441,756 90
No. 8.]
SAYINGS BANK COMMISSIONERS.
233
Present number of m e m b e r s ,...............................................................................1,081
Present number of borrowers,.................................................................................. 285
Present number of non-borrowers,.........................................................................796
Number of loans secured by first mortgage of real estate,
.
.
. 224
Number of loans on s h a r e s , .................................................................................. 226
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
20 00
Smallest loan to any one m e m b e r ,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,913 25
Date of examination by commissioner : January 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
234
REPORT OF THE
[Pub. Doc.
R E V E R E C O -O P E R A T IV E B A N K — R E V E R E .
Incorporated Oct. 1, 1901.
A
l b e r t
S.
B
u r n h a m
,
President.
Commenced business Oct. 14, 1901.
A
b e r d e e n
H .
C
h il d
Secretary and Treasurer.
,
Names of security committee:
A
l b e r t
T
h o m a s
S.
F.
B
D
u r n h a m
,
A
r is c o l l
,
H
G
o r h a m
H .
T
r t h u r
e n r y
il t o n
B .
R.
C
L
u r t is
,
a w l o r
,
.
Regular meetings the second Wednesday of each month.
Balance S h eet Oct. 31, 1904.
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
L ia b il it ie s .
$14,400
1,625
161
9
597
00
00
43
30
72
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$16,793 45
$15,676 00
920 02
13 17
145 79
38 47
$16,793 45
Detailed, Statement o f Receipts and Disbursements for the Year endina
Oct. 31, 1 904.
R e ce ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeited shares, .
Cash on hand Oct. 31,1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$8,293
738
84
3,175
550
34
23
648
00
21
39
00
00
11
47
46
$13,546 64
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
profits capital withdrawn,
temporary expenses,
permanent expenses,
forfeited shares,
Cash on hand Oct. 31, 1904,
$8,800
625
3,160
38
142
136
00
00
00
00
56
86
8 50
38 00
597 72
$13,546 64
No. 8.]
235
SAYINGS BAN K COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
5 per cent.
51
“
5£ per cent.
$3,250 00
on
Sh a r e s .
Amount.
Rate.
Amount.
Rate.
$6,150 00
5,000 00
L o an s
R eal E state.
$350 00
200 00
1,075 00
Rate.
5 per cent.
5i
“
5£
“
.
.
.
.
.
.
1
2
3
4
5
6
$39
31
25
18
12
6
Dues paid in advance, .
Total,
67
78
15
65
29
07
Total
Value.
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te op
I ssue .
Oct.,
M ay.
N ov.,
M ay,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
246
29
101
80
129
86
$9,758
921
2,540
1,492
1,585
522
82
62
15
00
41
02
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$15,676 00
920 02
254 00
30 00
$16,850 02
Total,
$16,850 02
Number of shares issued during the y e a r , ................................................. 235
Number of shares now in f o r c e , ..................................................................... 671
Number of shares now borrowed u p o n ,........................................................... 132
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 160
Number of shares forfeited during the y e a r , ................................................. 3
Highest rate of premium or interest received on money sold during the y e a r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2 per cent.; second tei m, 2£ per cent.
34
Number of members withdrawn during the year, .
110
Present number of members.....................................................
Present number of b o r r o w e r s , .......................................
Present number of non-borrowers,........................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,.......................................
Smallest loan to any one m em b e r,........................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: June 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,800 00
50 00
153 86
236
REPORT OF THE
[Pub. Doc.
R O G ER CO N AN T C O -O P E R A T IV E B A N K -S A L E M .
Incorporated Nov. 9, 1891.
P
a t r ic k
F.
T
ie r n e y
President.
,
Commenced business Nov. 13, 1894.
W
il l ia m
L
e o n a r d
,
Secretary and Treasurer.
Names of security committee :
P
a t r ic k
G
e o r g e
F.
L .
T
A
ie r n e y
l l e n
R
,
V
,
o b e r t
J
B .
B
in c e n t
o h n
J.
e c k h a m
S. P
S
e t e r so n
h e e h a n
,
,
.
Regular meetings the second Tuesday of each month.
Balan ce Sh eet O ct.
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Real estate by foreclosure,
Unpaid interest,, .
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$86,640
1,305
50
2,979
1,263
46
76
3,403
00
00
00
84
26
11
36
37
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
.
.
.
Forfeited share account,
.
$80,061
14,050
625
1,001
27
00
25
68
01
00
$95,763 94
$95,763 94
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$22,978
4,424
157
73
00
74
39
41
50
12,040 00
2,760
620
286
6
223
00
00
28
15
92
4,403 60
10,924 09
$58,898 08
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
temporary expenses,
forfeited shares,
real estate by foreclosure, .
.
.
.
surplus, .
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$37,250
760
11,025
213
545
1,353
24
162
407
214
00
00
00
00
00
72
61
00
00
92
3,431 86
107 60
3,403 37
$58,898 08
No. 8.]
SAYIN G S BANK COMMISSIONERS.
237
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R e a l E st a t e .
L oans
on
Sh a k e s .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$33,800 00
6.0 0 per cent.
$52,840 00
6.30 per cent.
$1,205 00
100 00
6.00 per cent.
6.30
«
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
$159
149
139
129
120
110
101
93
84
76
68
60
53
45
38
32
25
18
12
6
Dues paid in advance, .
Total,
98
57
46
66
14
90
92
20
74
48
54
79
27
98
90
01
28
72
33
09
Total
Value.
Shares in
Force.
Series.
D a te of
I ssu e .
N ov.,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N o v .,
M ay,
Yralueper
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
103 $16,477 94
18
2,692 26
15
2,091 90
29
3,760 14
50
6,007 00
3,992 40
36
37j
3,771 04
2,516 40
27
38
3,220 12
55
4,206 40
133
9,115 82
6,504 53
107
149
7,937 23
60
2,758 80
129
5,018 10
58
1,856 58
5,688 00
225
3,687 84
197
3.538 71
287
256
1,559 04
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$80,061 00
14,050 25
2,330 00
41 00
$96,441 25
Total,
$96,441 25
Number of shares issued during the y e a r , ................................................. 658
Number of shares now in f o r c e , ...........................................................2,009
Number of shares now borrowed u p o n ,.......................................................... 514
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 406
Number of shares forfeited during the y e a r ,................................................. 17
Number of shares retired during the y e a r , ................................................. 5
Highest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed : first term, 2J per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,....................................... 45
Present number of m e m b e r s ,....................................... .........
.
.
. 320
Present number of borrowers,.................................................................................... 67
Present number of non-borrowers............................................................................253
Number of loans secured by first mortgage of real estate,
.
.
.
58
Number of loans on s h a r e s , .................................................................................... 12
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r,...............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
407 00
Date of examination by commissioner : January 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
238
REPORT OF THE
[Pub. Doc.
R O SL IN D A L E C O -O P E R A T IV E B A N K — R O SL IN D A L E .
Incorporated March 7, 1898.
I
s a ia h
B.
H
a m b l e n
'President.
,
G
Commenced business April 20, 1898.
e o r g e
W . P.
B
a b b
,
Secretary and Treasurer.
Names of security committee:
A
M
r t h u r
c
A
r t h u r
A
,
b r a m
I
P.
H
s a ia h
o d g d o n
B .
H
a m b l e n
,
.
Regular meetings the third Wednesday of each month.
B alance
Sh e e t O c t .
A ss et s .
Loans on real estate,
Loans on shares, .
Permanent expense account, .
Temporary expense account,
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$38,950
4,050
98
10
8
2,525
00
00
73
00
22
83
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund,
.
Surplus,
.
.
.
.
Forfeited share account,
$45,642 78
$40,688
3,960
145
1
1
253
468
123
00
84
25
32
66
33
62
76
$45,642 78
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
B isb u k se m e n t s .
$12,708 00
1,764 99
45 38
75
2,650 00
700 00
45 18
2,864 37
$20,778 67
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses.
Cash on hand Oct. 31, 1904,.
$11,900
1,550
4,421
240
141
2,525
00
00
00
11
73
83
$20,778 67
No. 8.]
239
SAVINGS BAN K COMMISSIONERS.
Total Amount of Loans at Specified Rates o f Interest.
L o ans
Amount.
on
Rate.
$38,950 00
L oans
R e a l E st a t e .
Amount.
Rate.
Amount.
-
-
$4,050 00
5 per cent.
on
Sh a r e s .
Rate.
5 per cent.
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
$90
82
75
67
60
53
46
39
32
26
19
13
7
1
Dues paid in advance, .
Total,
52
87
30
88
57
41
38
50
77
15
66
30
08
00
<D
WÜ
VO
U
£
Tn
99
58
63
•29
71
43
122
69
84
98
75
100
183
57
Total
Value.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$8,961
4,806
4,743
1,968
4,300
2,296
5,658
2,725
2,752
2,562
1,474
1,330
1,295
57
48
46
90
52
47
63
36
50
68
70
50
00
64
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid du e s,.
$40,688 00
3,960 84
350 00
65 00
$44,998 84
$44,998 84
Total,
Number of shares issued during the y e a r , ................................................. 274
Number of shares now in f o r c e , ........................................................... 1,151
Number of shares now borrowed u p o n ,...........................................................347
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 194
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed : first term, 2^ per cent.; second term, 2^ per cent.
56
Number of members withdrawn during the year, .
194
Present number of m e m b e r s ,.................................................
44
Present number of borrowers,.................................................
150
Present number of non-borrow ers,.......................................
28
Number of loans secured by first mortgage of real estate,
35
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,.......................................
Smallest loan to any one m e m b e r ,.......................................
•> *
Date of examination by commissioner : September 6 . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000 00
50 00
152 39
[Pub. Doc
REPORT OF THE
240
ROXBTJRY C O -O P E R A TIV E B A N K —(R O X B U R Y D ISTR ICT)
BOSTON.
Incorporated Oct. 3, 1889.
J
o se p h
E
n g e l
,
President.
Commenced business N ov. 1, 1889.
T
h o m a s
J. Sp
r o u l
Secretary and Treasurer.
,
Names of security committee:
R
o b e r t
W
A . W
S. C
il l ia m
a t so n
o l e
,
A
,
J
m
Os
a m e s
M.
L
e o n a r d
W . C
o l g a n
,
.
Regular meetings the first business day of each month.
B a l a n c e Sh e e t O c t .
L ia b il it ie s .
A ss e t s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
.
.
.
Unpaid fines, .
Cash in hands of treasurer,
31, 1904.
$286,925
16,250
2,872
1,084
55
.
177
.
00
00
05
62
74
37
Dues capi tal , .
.
.
.
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Matured share account,
Interest reserved, .
.
$249,844
47,028
5,000
3,301
5
2,032
152
00
80
00
66
00
90
42
$307,364 78
$307,364 78
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu rse m e n t s .
R e ceipts .
From dues capital,
interest,
premiums, .
lines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
■ temporary expense,
Cash on hand Oct. 31,1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$65,626
14,734
1
388
1
63,195
00
41
25
80
00
00
3,000 00
5,000
13,965
615
9
413
242
. 1,406
00
00
50
70
26
00
75
$168,598 67
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on m a tu r e d
shares,
real estate by foreclosure,
matured share account,
Cash on hand Oct. 31, 1904,
$72,655
15,590
47,353
645
14,540
5,553
93
5,892
1,577
413
00
00
00
00
00
39
75
87
96
26
218
2,872
1,016
177
57
05
45
37
$168,598 67
No: 8.]
241
SAVINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Amount.
Rate.
$285,725 00
L oans
Real E sta te .
S h ak es .
Amount.
Rate.
$1,200 00
5 per cent.
on
6 per cent.
Rate.
$6,800 00
9,450 00
5 per cent.
6
“
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$201
189
178
167
157
147
137
127
118
109
100
92
83
75
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
6 8 01
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
17
67
58
83
25
09
22
69
37
36
63
09
83
83
'
•
44
03
82
82
93
22
69
31
08
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te of
I ssue .
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov ,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
28
65
$5,632
12,328
2.142
16,279
17,297
23,975
15,643
13,918
15,032
19,575
13.383
12,432
7,377
13,118
20,198
12,631
16,068
10.813
11,451
10,696
10,970
8,840
4,800
4,681
12
97
no
163
114
109
127
179
133
135
88
173
297
209
303
236
295
335
435
473
390
770
76
55
96
51
50
67
08
21
99
44
79
15
04
59
97
96
09
52
90
55
70
37
90
60
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
47,028 80
2,711 00
291 00
$299,583 80
$299,583 80
Total,
Number of shares issued during the y e a r , ................................1,364
Number of shares now in f o r c e , ................................................... 5,276
Number of shares now borrowed u p o n ,......................................... 1,904
Largest number of shares held by any one member,
.
.
.
.
Number of shares withdrawn during the year,
.
.
.
.
Number of shares forfeited during the year, .
.
.
.
.
25
1,457
.2 0
Number of shares matured during the y e a r ,..................................................... 101
Highest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$249,844 00
242
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................137
Present number of m e m b e r s ,.................................................................................. 541
Present number of borrowers,.
.
.
.
........................................133
Present number of non-borrowers,......................................................................... 408
Number of loans secured by first mortgage of real estate,
.
.
.
96
Number of loans on s h a r e s , .....................................................................................37
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one member, .
.....................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
1,335 96
No. 8.]
243
SA Y IN G S BAN K COMMISSIONERS
SAL EM C O -O P E R A TIV E B A N K — SALEM .
Incorporated April 7, 1888.
E.
A
u g u stu s
M
a c k in t ir e
,
Commenced business April 13, 1888.
President.
A
C.
l b e r t
M
a c k in t ir e
Secretary and Treasurer.
,
Names of security committee :
G
e o r g e
W.
P
ic k e r in g
F
E.
,
r a n c is
A .
N
A
u g u stu s
e w e l l
M
a c k in t ir e
,
.
Regular meetings the second Friday of each month.
B alan ce Sh eet Oct.
31, 1904.
L ia b il it ie s .
A ss et s .
$305,370 00
Loans on real estate,
9,153 00
Loans on shares, .
121 28
Temporary expense account,
3,000 85
Real estate by foreclosure, .
800 00
Mortgages,
.
.
.
.
1,750 94
Unpaid interest,
31 40
Unpaid prem ium s,.
175 92
Unpaid fines, .
.
.
.
12,461 60
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
.
.
Surplus,
.
.
.
.
Forfeited share account,
$332,864 99
$272,404
43,198
1,650
14
86
76
4,238
11,165
30
00
71
47
35
10
50
86
20
40
40
$332,864 99
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 31, 1904.
D isbu rse m e n ts .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
profits capital,
mortgage,
profit and loss,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$89,173
17,545
233
631
3
34,950
00
76
10
54
00
00
4,150 00
4,250 00
226 66
4,710 07
20
1,200 00
125 87
19,378 06
$176,577 26
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired.
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital matured, .
temporary expenses,
real estate by foreclosure,
.
.
.
.
profits capital,
Cash on hand Oct. 31, 1904,.
$66,710
6.715
35,582
23,225
14,130
5,031
3,626
5,802
2,142
00
00
00
00
00
09
56
38
40
1,150 78
45
12,461 60
$176,577 26
244
EEPOET OF THE
[Pub. Doc
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
on
Amount.
Rate.
$177,810 00
66,860 00
57,100 00
5.25 per cent.
5.50
6.30
R eal E sta te .
L o an s
Amount.
S h ar es .
Amount.
Rate.
$600 00
3,000 00
on
6.60 per cent.
6.90
$4,683 00
4,470 00
Rate.
5.25 per cent.
5.50
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
$192
180
169
159
149
139
129
120
110
102
93
85
77
69
61
54
46
39
32
26
19
13
7
1
Dues paid in advance, .
Totâl,
22
93
99
43
15
17
45
05
92
06
43
09
01
12
49
08
86
81
94
23
69
31
08
00
38
64
78
79
94
98
101
105
179
106
102
114
122
170
402
282
323
443
734
664
768
806
1,028
969
Value.
Total
Shares in
Force.
D a t e of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$7,304
11,579
13.259
12,594
14,020
13,638
13,074
12,605
19,854
10,818
9,529
9,700
9,395
11.750
24,718
15,250
15,135
17,635
24,177
17,416
15,121
10,727
7,278
969
36
52
22
97
10
66
45
25
68
36
86
26
22
40
98
56
78
83
96
72
92
86
24
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
Suspense profits, .
43,198 71
2,417 00
45
462 00
$318,020 16
Total,
Number of shares issued during the y e a r , ........................................2,146
Number of shares now in f o r c e , ........................................................... 7,869
Number of shares now borrowed u p o n ,................................................. 1,832
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year,
.
.
.
.
1,049
Number of shares retired during the y e a r , ................................................. 352
Number of shares matured during the y e a r ,................................................. 98
Highest rate of premium or interest received on money sold during the y ea r:
5J per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5£ per cent.
Rate of profits distributed: first term, 2J per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$272,404 00
$318,020 16
No. 8.]
SAYIN GS B AN K COMMISSIONERS.
245
Number of members withdrawn during the y e a r ,........................................158
Present number of m e m b e r s ,............................................................................... 1,306
Present number of borrowers,.................................................................................. 292
Present number of non-borrowers,..................................................................... 1,014
Number of loans secured by first mortgage of real estate,
.
.
. 289
Number of loans on s h a r e s , .................................................................................... 81
Largest loan to any one m e m b e r ,..............................................................................
Smallest loan to any one m e m b e r ,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
8 00
2,142 40
REPORT OF THE
246
[Pub. Doc.
S A N D W IC H CO -O PER ATIVE B A N K — S A N D W IC H .
Incorporated Oct. 1, 1885.
E
d w a r d
B.
H
o w l a n d
,
President.
Commenced business Dec. 15, 1885.
J
o h n
A .
H
o l w a y
,
Secretary and Treasurer.
Names of security committee:
A
u g u stu s
R.
P
o p e
C
,
J
h a r l e s
G.
E
o h n
l l is
A .
H
o l w a y
,
.
Regular meetings the third Tuesday of each month.
B a la n c e S h e e t O ct.
L ia b il it ie s .
A sset s .
Loans on real estate,
Loans on shares, .
Temporary expense account,
Suspense account, .
Furniture and fixtures, .
T a x account, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
$52,675
2,550
134
644
100
40
4,034
00
00
10
99
00
38
81
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
.
Surplus,
.
.
.
.
$50,844
6,370
1,625
88
1
51
156
1,042
00
39
80
21
00
31
20
37
$60,179 28
$60,179 28
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 31,1904.
D isbu rse m e n ts .
R e ce ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
insurance,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$16,899
3,025
163
1
2,700
00
90
26
25
00
600
1,150
66
5
4,092
00
00
72
56
00
$28,703 69
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital matured,
temporary expenses,
taxes,
.
.
.
.
Cash on hand Oct. 31,1904, .
$15,500
1,400
5,715
745
683
301
283
40
4,034
00
00
00
00
85
05
60
38
81
$28,703 69
No. 8.]
SAYINGS BANK COMMISSIONERS
247
Total Amount of Loans at Specified Rates of Interest.
L oans
Amount.
$8,950 00
on
Kate.
6
6A
6^
4,350 00
300 00
5,500 00
6§
«à
5*
5|
5f
u
“
66
61
$50
2,700
5,500
300
1,400
1,650
600
450
1,050
1,350
1,700
Rate.
6| per cent.
6f
66
7
00
00
7-iV
<<
u
250 00
74
7!
7.4
n
n
8
B.l
84
81
on
Sh a k e s .
Amount.
00
00
00
00
00
00
00
00
00
100 0 0
66
66
Ö&
L o an s
Amount.
5 per cent.
66
54
66
H
2 0 0 00
1 ,7 0 0 00
900 0 0
1,300 00
2,900 00
250 00
7,175 00
20 0 00
1,850 00
H e al E st a t e .
66
66
66
66
66
66
66
66
66
66
$450
400
550
200
50
250
150
150
100
100
150
Rate.
00
5 per cent.
00
00
51
00
00
00
00
00
00
00
00
51
6
64
64
7
71
74
71
4
a
66
66
66
66
66
66
66
66
66
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
$204
193
182
172
162
152
142
133
124
115
106
97
90
82
74
67
59
52
45
38
31
24
18
12
6
Dues paid in advance, .
Suspense profits,
Total,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
09
20
58
21
08
24
59
20
05
10
39
89
96
86
97
26
75
42
28
29
49
85
38
10
00
Total
Value.
1892, .
1892, .
1893, .
1893,.
1894, .
1894, .
1895, .
1895, .
1896, .
1896, .
1897, .
1897, .
1898, .
1898, .
1899, .
1899, .
1900, .
1900, .
1901, .
1901, .
1902, .
1902, .
1903, .
1903, .
1904, .
Shares in
Force.
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec..
June,
D ec.,
June,
D ec.,
M ay,
N ov.,
M a r,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay.
N ov.,
M ay,
N ov.,
M ay,
Series.
D a te of
I ssue .
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital.
4
2
6
11
8
12
14
9
12
17
6
9
14
53
36
68
80
89
38
73
46
240
287
197
110
$816
386
1,095
1,894
1,296
1,826
1,996
1,198
1,488
1,956
638
881
1,273
4,391
2,698
4,573
4,780
4,665
1.720
2,795
1,448
5,964
5,275
2,383
660
36
40
48
31
64
88
26
80
60
70
34
01
44
58
92
68
00
38
64
17
54
00
06
70
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
$50,844 00
6,370 39
1,052 00
160 00
50
$58,266 39
Total,
$58,266 39
248
REPORT OF THE
[Pub. Doc.
Number of shares issued during the y e a r , ................................................. 317
Number of shares now in f o r c e , ........................................................... 1,441
Number of shares now borrowed u p o n ,........................................................... 337
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................210
Number of shares matured during the y e a r ,................................................. 5
Highest rate of premium or interest received on money sold during the y ea r:
8| per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 3 per cent. ; second term, 3 per cent.
Number of members withdrawn during the y e a r ,........................................44
Present number of m e m b e r s ,...................................................................................300
Present number of b o r r o w e r s , .........................................................................108
Present number of non-borrowers,.........................................................................192
Number of loans secured by first mortgage of real estate,
.
.
.
96
Number of loans on s h a r e s , .....................................................................................20
Largest loan to any one m e m b e r ,...............................................................................
Smallest loan to any one m e m b e r ,...............................................................................
Am ount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner: June 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$
2,000 00
50 00
283 60
No. 8.]
SAVIN G S BANK COMMISSIONERS.
249
S E C U R IT Y C O -O P E R A TIV E B A N K — BR OCKTON.
Incorporated Dec. 17, 1877.
B
r a d f o r d
E.
J
o n e s
President.
F r e d B.
,
Commenced business Dec. 20, 1877.
G
H
o w a r d
,
r a n t
D.
A
W.
H
n t h o n y
,
Secretary.
Treasurer.
Names of security committee :
H
A.
o r a c e
P
o o l e
S.
,
M
J
a n l e y
H
a y w a r d
o h n
a l l
,
.
Regular meetings the third Thursday of each month.
B
alance
S h e e t O c t . 3 1 , 1904.
A ss e t s .
L ia b il it ie s .
Loans on real estate,
$298,363 00
Loans on shares, .
7,855 00
100 00
Permanent expense account,.
Temporary expense account,
477 28
Real estate by foreclosure,
2,106 86
Unpaid interest,
696 27
Unpaid prem ium s,.
42 00
Unpaid fines, .
.
.
.
43 69
Cash in hands of secretary, .
205 62
Cash in hands of treasurer, .
9,550 14
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Earnings undivided,
Due on mortgage loans,
$319,439 86
$278,900
24,232
7,018
310
201
3
190
2,100
500
26
1,856
4,100
00
98
03
80
46
50
35
00
00
51
23
00
$319,439 86
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31, 1904.
R e ce ip t s .
D isb u r se m e n t s .
$111,714 00
From dues capital,
interest,
15,218 00
premiums, .
814 10
fines,
.
.
.
.
363 49
transfer fees,
8 00
50,150 00
real estate loans repaid,
6,030 00
share loans repaid,
withdrawal profits,
567 94
real estate by foreclosure, .
.
.
.
311 35
4,100 00
due on mortgage loans,
Cash on hand Oct. 31, 1903, .
9,492 88
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 31, 1904,
$198,769 76
$135,450
8,795
25,039
13,870
2,270
1.699
1,617
221
00
00
00
00
88
23
72
77
50 40
9,755 76
$198,769 76
•
[Pub. Doc.
REPORT OF THE
250
Total Amount of Loans at Specified Rales of Interest.
L oans
Amount.
on
Rate.
$181,075 00
5£ per cent.
L o an s
Re a l E s t a t e .
Amount.
Rate.
Amount.
$117,288 00
6.60 per cent.
$6,520 00
1,335 00
on
S h ar es .
Rate.
5é
6.60
per cent.
“
1892,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1889,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
16
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
$199
176
165
155
145
135
125
116
107
98
90
82
74
66
58
51
44
37
30
23
17
11
5
Dues paid in advance, .
Total,
39
71
93
43
32
48
95
70
71
98
50
26
22
35
72
30
10
11
33
74
32
08
00
Total
Value.
Dec.,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec..
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec..
June,
Shares in
Force.
L ate of
Issue.
Value per
Share.
Series.
Reconciliation of Share Account ivith Dues and Profits Capital.
25
25
21
9
20
15
38
25
27
17
22
27
36
367
416
937
718
954
1,176
1,335
577
1,721
1,100
$4,984
4,417
3 484
1.398
2,906
2,032
4,786
2,917
2,908
1,682
1,991
2.221
2,671
24.350
24,427
48,068
31,663
35,402
35,668
31,692
9,993
19,068
5,500
75
75
53
87
40
20
10
50
17
66
00
02
92
45
52
10
80
94
08
90
64
68
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
24,232 98
1,456 00
350 00
$304,588 98
Total,
Number of shares issued during the y e a r , ..................................................3,059
Number of shares now in f o r c e , ..................................................................... 9,608
Number of shares now borrowed u p o n ,........................................................... 2,016
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,006
Number of shares retired during the year.............................................................259
Highest rate of premium or interest received on money sold during the year :
5^ per cent.
Lowest rate of premium or interest received on money sold during the year :
5^ per cent.
Rate of profits distributed : first term, 3 per cent. ; second
. 120
Number of members withdrawn during the year, .
1,135
Present number of members......................................................
. 252
Present number of borrowers,.................................................
. 883
Present number of non-borrowers,.......................................
. 261
Number of loans secured by first mortgage of real estate,
.
56
Number of loans on shares,
.
.
.
.
.
Largest loan to any one m e m b e r ,.......................................
Smallest loan to any one member, .
.
.
.
.
1904, .
Amount of expenses of the corporation for the year endin
Date of examination by commissioner : M ay 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$278,900 00
$304,588 98
$5,000 00
25 00
1,617 72
No. 8.]
SAY IN G S BANK COMMISSIONERS.
251
S O M E R V IL LE C O -O P E R A T IV E B A N K — SO M ER VIL LE .
Incorporated M ay 4, 1880.
J.
F
r a n k
W
e l l in g t o n
President.
,
Commenced business June 7, 1880.
H
B.
o w a r d
C
h a s e
,
Secretai-y and Treasurer.
Names of security committee :
B
e n j a m in
F.
T
h o m p so n
N
a t h a n
,
I
H .
R
r e so n
e e d
B.
W
a l k e r
,
.
Regular meetings the first Monday of each month.
B a l a n c e S h e e t O c t . 31 , 1904.
L ia b il it ie s .
A sset s .
$495,800 00
Loans on real estate,
31,390 00
Loans on shares, .
153 48
Temporary expense account,
9,565 98
Real estate by foreclosure, .
15,150 00
Mortgages,
.
.
.
.
60 85
T ax title,
.
.
.
.
81,500 00
City and town notes,
Cash in hands of treasurer, .
37,427 03
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
Fines.............................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$566.609
88,973
3,343
2
159
78
6,500
5,181
199
00
68
59
65
36
40
00
40
26
$671,047 34
$671,047 34
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31,1904.
D isbu rse m e n t s .
R e ceipts .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Or
O
o
$149,829 00
From dues capital,
32,403 20
interest,
34 69
premiums,
1,182 21
fines,
.
.
.
.
3 00
transfer fees,
81,480 00
real estate loans repaid,
real estate loans eliini00
nated by foreclosure,
real estate loans eliminated by maturity of
3,200 00
shares,
24,840 00
share loans repaid,
624 77
withdrawal profits,
2 34
forfeiture profits, .
113 06
forfeited shares, .
real estate by foreclos1,467 39
ure...................................
city and town notes, . 241,108 23
112 84
tax title,
50 00
mortgage,
6 00
security committee,
10,446 45
Cash on hand Oct. 31, 1903, .
$547,403 18
$106,950 00
For real estate loans, .
20.150 00
share loans, .
64,916 00
dues capital withdrawn,
147 00
dues capital forfeited, .
41,75' 00
dues capital retired.
2,320 00
dues capital matured, .
8,478 89
profits capital withdrawn,
36 90
profits capital forfeited,.
14,716 12
profits capital retired, .
887 38
profits capital matured,
2,125 79
temporary expenses,
113 06
forfeited shares,
interest on retired and
494 88
matured shares, .
734 71
real estate by foreclosure,
245,618 23
city and town notes,
258 00
security committee,
103 50
finance committee,
173 69
tax title, .
.
.
.
37,427 03
Cash on hand Oct. 31,1904,
»
$547,403 18
252
REPOET OF THE
[Pub. Doc
Total Amount of Loans at Specified Bates of Interest.
L oans
Amount.
$430,200 00
23,150 00
on
L oans
R eal E sta te .
on
S h ak es .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
5.25
“
$33,550 00
8,900 00
5.50 per cent.
6.3 0
“
$31,040 00
300 00
50 00
5.0 0 per cent.
5.25
“
6.00
“
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
$177
167
156
146
137
127
118
109
101
92
84
76
69
61
54
46
39
32
26
19
13
7
1
Dues paid in advance, .
Total,
Total
Value.
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
A pr.,
Oct ,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Shares in
Force.
D a te of
I ssue .
27
102
95
181
133
363
495
508
300
502
448
511
388
661
473
794
846
804
908
1,202
1,078
1,149
1,167
$4,797
17,043
14,899
26,583
18,247
46,409
58,781
55,829
30,393
46,660
37,981
39,255
26,795
40,638
25,575
37,198
33,679
26,483
23,816
23,667
14,348
8,134
1,167
Value per
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
68
09
84
87
20
85
75
90
31
95
78
82
06
48
07
85
81
94
23
69
31
08
00
.
36
18
80
47
60
55
25
20
00
90
44
02
28
28
11
90
26
76
84
38
18
92
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
88,973 68
3,463 00
659 00
$659,045 68
Total,
Number of shares issued during the year............................................... 2,621
Number of shares nowin f o r c e , ........................................................... 13,135
Number of shares now borrowed u p o n ,................................................. 3,672
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year...................................... 1,759
Number of shares forfeited during the y e a r ,................................................. 6
Number of shares retired during the y e a r , ................................................. 300
Number of shares matured during the y e a r , ......................................... 1 6
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowestirate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2^ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$566,609 00
$659,045 68
No. 8.]
SAYIN GS BAN K COMMISSIONERS.
Number of members withdrawn during the year, .
.
.
.
Present number of m e m b e r s ,.....................................................................
Present number of b o r r o w e r s , ...........................................................
Present number of non-borrow ers,...........................................................
Number of loans secured by first mortgage of real estate,
. 228
1,555
. 438
1,117
. 268
. 170
Number of loans on s h a r e s , .....................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r ,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
»
253
.
$5,000 00
50 00
2,325 79
254
REPORT OF THE
[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 .
Incorporated April 16,1889.
A
l f r e d
M.
E
a m e s
,
President.
H
Commenced business May 6, 1889.
L.
a r r ie
D
a v e n p o r t
,
Secretary and Treasurer.
Names of security committee :
J
S
o sh u a
m it h
,
Sa
E
l e a z e r
G
m u e l
o u l d in g
O.
S
t a p l e s
,
.
Regular meetings the first Monday of each month.
B alance Sh eet Oct.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$292,725 00
Loans on shares, .
7,865 00
Real estate by foreclosure,
463 45
Mortgages,
.
.
.
.
6,400 00
Unpaid interest,
204 73
Unpaid fines.................................
. 25 54
Cash in hands of treasurer, .
3,871 40
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Personal account,.
.
$311,555 12
$265,321
38,934
30
2,905
3,996
208
159
00
93
36
00
10
57
16
$311,555 12
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
fines....................................
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
forfeited shares, .
real estate by foreclosure, .
.
.
.
retired share account, .
matured share account,
rent,
.
.
.
.
temporary expense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$80,894
15,043
346
2
49,180
00
26
44
CO
00
2,460 00
1,200 00
5,865 00
55 56
7,515
8,932
5,628
6
91
90
76
00
101 73
6,723 55
$183,955 11
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured, .
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
retired share account, .
matured share account,.
mortgages,
interest repaid,
Cash on hand Oct. 31, 1904,.
$92,500
6,670
37,766
55
7,630
4,032
4,097
2
1,197
1.596
1,767
72
106
3,019
8,932
5,628
5,000
9
3,871
00
00
00
00
00
00
89
95
00
76
37
56
00
16
90
76
00
36
40
$183,955 11
No. 8.]
SAYINGS BAN K COMMISSIONERS.
255
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
L oans
I
Rate.
$189,870 00
96,855 00
4,570 00
R eal E sta te .
Amount.
5 per cent.
6
6è
“
Rate.
$630 00
800 00
6 } per cent.
6|
on
S h ak es .
■
Amount.
$2,700 00
5,165 00
Rate.
5 per cent.
6
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$200
188
177
167
156
146
136
127
118
109
100
92
83
75
68
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
29
95
93
22
83
73
96
44
19
21
53
08
87
89
11
52
12
89
84
96
25
70
31
08
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901.
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te of
I ss u e .
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov..
M ay,
N ov .,
M ay,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account icith Lues and Profits Capital.
44
54
25
36
21
43
62
70
58
88
128
144
235
248
413
298
403
379
549
573
503
692
820
936
$8,812
10,203
4,448
6,019
3,293
6,309
8,491
8,920
6,855
9,610
12.867
13,259
19.709
18,820
28,129
18,034
21,407
17,392
21.323
18,313
12,700
12,940
10,094
5,690
76
30
25
92
43
39
52
80
02
48
84
52
45
72
43
96
36
31
16
08
75
40
20
88
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
38,934 93
375 00
982 00
$304,630 93
Total,
Number of shares issued during the y e a r , ....................................... 1,965
Number of shares now in f o r c e , ........................................................... 6,822
Number of shares now borrowed u p o n ,................................................. 1,934
Largest number of shares held by any one member,
.
.
.
.
2a
Number of shares withdrawn during the year,
.
.
.
.
1,294
Number of shares forfeited during the y e a r ,................................................. 21
Number of shares retired during the y e a r , ................................................. 100
Number of shares matured during the y e a r ,................................................. 28
Highest rate of premium or interest received on money sold during the year :
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent
Rate of profits distributed: first term, 2£ per cent.; second term, 2^ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$265,321 00
$304,630 93
256
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,........................................129
Present number of m e m b e r s ,.................................................................................. 882
Present number of borrowers,...................................................................................245
Present number of non-borrow ers,.........................................................................637
Number of loans secured by first mortgage of real estate,
.
.
. 235
Number of loans on s h a r e s , .................................................................................... 72
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
10 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
1,665 64
N o. 8.]
257
SAYINGS B A N K COMMISSIONERS.
SOUTH SHORE C O -O P E R A T IV E B A N K — W E Y M O U T H .
J
o e l
F.
S
Incorporated April 18, 1890.
, President.
C h
Commenced business M ay 5, 1890.
G . S h e p p a r d , Secretary and Treasurer.
h e p p a r d
a r l e s
Names of security committee :
G
e o r g e
H .
B
ic k n e l l
J
,
o h n
H
K
e l l e y
o w a r d
P
o o l e
,
.
Regular meetings the first Monday of each month.
Balance Sheet Oct. 31, 1904.
L ia b il it ie s .
A sset s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
$102,700
4,650
1.560
.
357
16
60
.
5,725
00
00
15
39
20
40
87
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
.
$115,070 01
$93,220
18,831
607
2,411
00
94
00
07
$115,070 01
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
rents, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$21,313
5,307
36
258
6,750
00
64
90
54
00
750 00
2,200
2,875
179
5
00
00
19
12
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital m atured,.
temporary expenses,
real estate by foreclosure,
taxes, expenses, etc.,
Cash on hand Oct. 31, 1904,.
$24,700
1,750
7,048
112
2,760
1,584
715
20
1,074
658
519
754
326
5,725
00
00
00
00
00
00
67
48
80
72
07
54
54
87
5,350 00
476 24
2,248 06
$47,749 69
$47,749 69
258
[Pub. Doc.
REPORT OF THE
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R e al E st a t e .
L o an s
on
Sh a r e s .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$85,900 00
1,600 00
5,400 00
5.00 per cent.
5.25
6.00
“
$8,000 00
1,200 00
600 00
6.30 per cent.
6.90
7.20
“
$4,350 00
300 00
5.00 per cent.
6.00
»
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
$202
190
179
168
158
147
137
128
118
109
100
92
84
75
68
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
61
93
63
71
11
86
93
26
91
81
98
41
07
99
14
53
12
89
84
96
25
70
31
08
Total
Value.
N ov.,
M ay,
N ov.,
M ay.
N o v .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M av,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
17
9
37
23
30
85
50
47
34
35
90
63
57
58
82
65
65
93
.120
148
74
165
139
228
$3,444
1,718
6.646
3,880
4,743
12,568
6,896
6,028
4,042
3,843
9,088
5,821
4,791
4,407
5,587
3,934
3,452
4.267
4,660
4,730
1,868
3,085
1,711
1,386
37
37
31
33
30
10
50
22
94
35
20
83
99
42
48
45
80
77
80
08
50
50
09
24
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues,
18,831 94
593 00
'
39 00
$112,644 94
Total,
Number of shares issued during the y e a r , ................................................. 406
Number of shares now in f o r c e , ........................................................... 1,814
Number of shares now borrowed u p o n ,........................................................... 614
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
.
230
Number of shares forfeited during the year.....................................................4
Number of shares retired during the y e a r , ................................................. 20
Number of shares matured during the year.....................................................11
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$93,220 00
$112,644 94
No. 8.]
SAYIN G S BAN K COMMISSIONERS.
259
Number of members withdrawn during the y e a r ,....................................... 40
Present number of m e m b e rs,.......................................................................
. 286
Present number of borrowers,.................................................................................. 102
Present number of non-borrow ers,.........................................................................184
Number of loans secured by first mortgage of real estate,
.
.
.
99
Number of loans on s h a r e s , .................................................................................... 17
Largest loan to any one m e m b e r ,...............................................................................$4,600 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
519 07
Date of examination by commissioner : January 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
REPORT OF THE
260
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 EYM OUTH.
Incorporated Feb. 28, 1889.
G
e o r g e
L.
W
e n t w o r t h
,
Commenced business March 9, 1889.
President.
E
J.
l l is
P
F
it c h e r
,
H.
r a n k
R
ic h a r d s
,
Secretary.
Treasurer.
Names of security committee :
A.
J
F
o h n
en to n
H.
S
B
u l l o c k
t e tso n
,
,
Ja
m e s
F . F
F
r a n c is
C
h a r l e s
r a w l e y
F .
H.
B
u l l o c k
C
l a p p
,
,
.
Regular meetings the second Saturday of each month.
Balance Sheet O ct.
L ia b il it ie s .
A sset s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Temporary expense account,.
Real estate by foreclosure,
.
Mortgages,
.
.
.
.
Unpaid interest,
Unpaid p rem ium s,.
Unpaid fines, .
.
.
.
Cash in hands of treasurer, .
31, 1904.
$98,075
7,225
40
117
5,297
2,756
158
17
76
2,461
00
00
00
00
58
00
70
74
77
64
Dues capital,
Profits capital (all series),
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Due on mortgage loans,
Personal accounts,
.
$95,110
17,305
122
1,235
474
23
1,000
954
00
80
02
17
11
40
00
93
$116,225 43
$116,225 43
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbd bse m en t s .
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
matured share account,
due on mortgage loans,
mortgages, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,212
6,123
67
336
5,850
00
45
71
75
00
600
6,795
281
13
1,256
00
00
47
37
52
5,308
122
1,000
144
2,464
61
24
00
00
02
$55,575 14
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured, .
temporary expenses,
permanent expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
matured share account,
security committee,
Cash on hand Oct. 31, 1904,
$26,125
4,020
8,635
217
5,605
1,551
1,098
53
2,170
659
528
40
1,256
00
00
00
00
00
00
91
55
45
67
25
00
52
117
805
227
3
2,461
90
15
10
00
64
$55,575 14
No. 8.]
SAYINGS BANK COMMISSIONERS.
261
Total Amount o f Loans at Specified Bates o f Interest,
L o an s
on
R eal E state.
L o an s
Amount.
Rate.
Amount.
Rate.
$85,050 00
7,875 00
175 00
6.00 per cent.
6.30
6.60
“
$3,275 00
1,500 00
200 00
6.9 0 per cent.
7.20
»
7.50
“
on
Amount.
$7,025 00
200 00
Sh a r e s .
Rate.
6.00 per cent.
6.60
“
9
10
11
12
18
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$199
188
176
165
154
144
134
124
114
105
96
88
79
71
63
55
48
41
34
27
20
14
8
2
Dues paid in advance, .
Total,
•
88
03
69
61
84
43
29
46
91
68
74
03
62
47
56
90
49
27
26
44
82
37
10
00
Total
Value.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Shares in
Force.
Series.
L a te of
I ssue .
M ar., 1893,
Sept., 1893,
M ar., 1894,
Sept., 1894,
M ar., 1895,
Sept., 1895,
M ar., 1896,
Sept., 1896,
M ar., 1897,
Sept., 1897,
M ar., 1898,
Sept., 1898,
M ar., 1899,
Sept., 1899,
M ar., 1900,
Sept., 1900,
M ar., 1901,
Sept., 1901,
M ar,, 1902,
Sept., 1902,
M ar., 1903,
Sept., 1903,
M ar., 1904,
Sept., 1904,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
5
4
3
14
28
47
35
20
91
46
84
106
150
112
161
95
72
62
157
133
122
198
282
165
$999
752
530
2,318
4,335
6,788
4,700
2,489
10,456
4,861
8,126
9,331
11,943
8,004
10,233
5,310
3,491
2,558
5,378
3,649
2,540
2,845
2,284
330
40
12
07
54
52
21
15
20
81
28
16
18
00
64
16
50
28
74
82
52
04
26
20
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
17,305 80
1,970 00
128 00
$114,385 80
Total,
Number of shares issued during the y e a r , ................................................. 610
Number of shares now in f o r c e , ........................................................... 2,192
Number of shares now borrowed u p o n ,..........................................................626
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ....................................... 376
Number of shares forfeited during the y e a r , ................................................. 7
Number of shares retired during the y e a r , ................................................. 43
Number of shares matured during the y e a r , ................................................. 11
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate o f premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed; first term, 2| per cent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$95,110 00
$114,385 80
262
REPORT OF THE
Number of members withdrawn during the year, .
Present number of m e m b e r s ,.................................................
Present number of borrowers,.................................................
Present number of non-borrow ers,.......................................
Number of loans secured by first mortgage of real estate,
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,.......................................
Smallest loan to any one m e m b e r ,.......................................
Amount of expenses of the corporation for the year ending Oct. 31,1904
Date of examination by commissioner : February 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc.
44
367
115
252
151
41
$3,900 00
50 00
528 25
No. 8.]
SAVINGS BANK COMMISSIONERS.
263
*
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 .
Incorporated April 13, 1882.
Commenced business May 9, 1882.
L . C. S c h e m in g , President.
E . S. B a t c h e l d e r , Secretary.
C. H. C h u r c h il l , Treasurer.
Names of security committee :
S. D . S h e r w o o d ,
C. H . C h u r c h il l ,
W . D . B ig e l o w .
Regular meetings the second Tuesday of each month.
B alance Sheet O ct.
L ia b il it ie s .
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
Personal accounts,.
Cash in hands of treasurer,
31, 1904.
$360,615
23,910
20,980
1,467
194
84
15,928
43
00
63
97
98
17
35
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
Forfeited share account,
Suspense account,
$358,573
57,222
3,917
3,265
192
9
00
53
22
89
99
90
$423,181 53
$423,181 53
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isb u r se m e n t s .
R e c e ip t s .
From dues capital,.
interest,
fines....................................
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclos
ure, .
.
.
.
personal accounts,
application fees, .
suspense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$86,784
19,662
573
7
71,675
18,225
659
2,346
151
17
9
20,884
For real estate loans, .
00
share loans, .
19
dues capital withdrawn,
42 !
dues capital retired,
50
profits capital withdrawn,
00
profits capital retired, .
00
temporary expenses,
10
forfeited shares,
interest on retired shares,
90
real estate by foreclosure,
19
personal accounts,
00
90
interest repaid,
fines repaid, .
30
guaranty fund,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$220,995 50
$76,850
14,600
46,342
44,417
8,054
10,368
1,913
20
426
1,834
82
22
00
00
00
00
49
02
09
00
03
11
37
43
42
137 19
15,928 35
$220,995 50
REPORT OF THE
264
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
Amount.
Rate.
$360,615 43
5.00 per cent.
L oans
R e al E s t a t e .
Amount.
on
Sh a k e s .
Rate.
Amount.
Rate.
-
$23,910 00
5.00 per cent.
A u g ., 1892, .
Feb.. 1893, .
M ay, 1893, .
N ov., 1893, .
Feb., 1894, .
M ay, 1894, .
A ug., 1894, .
N ov., 1894, .
Feb., 1895, .
M ay, 1895, .
A u g ., 1895, .
N ov ., 1895, .
Feb., 1896, .
M av, 1896, .
A u g ., 1896, .
N o v ., 1896, .
Feb., 1897, .
M ay, 1897, .
A u g ., 1897, .
N ov., 1897, •
Feb., 1898, .
M ay, 1898, .
A u g ., 1898, .
N ov., 1898, .
Feb., 1899, .
M ay, 1899, .
A u g ., 1899, .
N ov ., 1899, .
Feb., 1900, .
M ay, 1900, .
A u g ., 1900, .
N ov., 1900, .
Feb., 1901, .
M ay, 1901, .
N ov., 1901, .
M ay, 1902, .
N o v ., 1902, .
M av, 1903, .
N ov., 1903, .
M av, 1904, .
27 $207 02
29
195 26
189 45
30
178 29
32
172 73
33
34
167 37
162 04
35
156 79
36
151 67
37
38
146 54
141 54
39
40
136 62
41
131 77
42
127 00
122 34
43
44
117 71
113 15
45
108 70
46
104 31
47
99 96
48
49
95 68
91 48
50
51
87 34
52
83 26
53
79 23
54
75 29
55
71 43
56
67 56
63 80
57
58
60 03
59
56 35
52
70
60
61
49 09
62
45 51
63
38 58
64
31 81
65
25 15
66
18 65
12 30
67
68
6 08
Dues paid in advance, .
Total,
•
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
7
6
5
14
22
13
1
5
7
64
45
14
20
49
135
131
200
271
231
301
293
67
103
229
125
186
140
87
161
212
271
305
404
197
249
588
387
429
381
613
Total
Value.
Shares in
Force.
Value per
Share.
D ate op
I ssu e.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$1,449 14
1,171 56
947 25
2,496 OS
3,800 06
2,175 81
162 04
783 95
1,061 69
9,378 56
6,369 30
1,912 68
2,635 40
6,223 00
16,515 90
15,420 01
22,630 00
29,457 70
24,095 61
30,087 96
28,034 24
6,129 16
8,996 02
19,066 54
9,903 75
14,003 94
10,000 20
5,877 72
10,271 80
12,726 36
15,270 85
16,073 50
19,832 36
8,965 47
9,606 42
18,704 28
9,733 05
8,000 85
4,686 30
3,727 04
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$358,573 00
57,222 53
2,928 00
340 00
$418,723 53
Total,
$418,723 53
No. 8.]
SAYINGS BAN K COMMISSIONERS.
265
Number of shares issued during the y e a r , ..................................................1,017
Number of shares now in f o r c e , ..................................................................... 6,968
Number of shares now borrowed upon...............................................................2,672
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 833
Number of shares retired during the y e a r , ..................................................... 438
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2^ per cent.: second term, 2g per cent.
. 108
Number of members withdrawn during the year, .
1,009
Present number of m e m b e r s ,.....................................................................
. 313
Present number of borrowers,.....................................................................
. 696
Present number of non-borrow ers,...........................................................
. 259
Number of loans secured by first mortgage of real estate,
. 176
Number of loans on shares............................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r ,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31,1904,
Date of examination by commissioner : September 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
»
.
$5,000 00
25 00
2,095 36
REPORT OF TH E
266
[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 .
Incorporated Jan. 10, 1887.
W
il l ia m
B. S n o w , President.
Commenced business Feb. 1, 1887.
G e o r g e N . G r e e n , Secretary and Treasurer-
Names of security committee :
A r t h u r H . C o av d r e y ,
Sid n e y A . H i l l .
Ol iv e r H . M a r st o n .
Regular meetings the first Tuesday of each month.
B alance
Sh eet O ct.
31, 1904.
L ia b il it ie s .
A ss e t s .
Loans on real estate,
$146,550 00
4,200 00
Loans on shares, .
11,439 18
Real estate by foreclosure,
.
Mortgages,
.
.
.
.
7,100 00
Unpaid interest,
930 84
80 18
Unpaid fines.................................
Cash in hands of treasurer, .
1,814 68
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
.
.
.
Forfeited share account,
.
$143,532
25,022
1,850
1,678
31
OO
70
00
76
42
$172,114 8S
$172,114 88
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu rse m e n ts .
R e c e ip t s .
■
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
real estate by foreclosure...................................
mortgage,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$35,384 00
7,563 51
141 04
75
17,550 00
2,500 00
13,950 00
256 08
4,059 50
1,000 00
2,314 89
$84,719 77
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on retired shares,
real estate by foreclosure,
mortgages,
Cash on hand Oct. 31,1904, .
$29,450
9,850
25,723
806
3,613
870
4,186
167
1,294
331
597
35
73
2,508
3,400
1,814
00
00
00
00
00
00
11
18
80
56
00
35
06
03
00
68
$84,719 77
No. 8.]
SAYINGS BANK COMMISSIONERS.
267
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
Amount.
Rate.
Amount.
5.00 per cent.
$146,550 00
L o an s
R eal E state.
-
on
S h ar es .
Rate.
Amount.
Rate.
-
$4,200 00
5.00 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
$197
185
174
164
154
144
134
125
116
107
98
90
82
74
67
59
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
00
75
85
32
12
24
63
31
26
48
98
71
67
87
28
86
60
50
56
77
13
64
29
08
40
18
26
53
61
89
71
81
31
50
100
54
122
101
152
194
108
89
143
269
253
272
309
239
Total
Value.
Shares in
Force.
Series.
D ate o r
I ssu e.
N ov.,
M ay,
N ov.,
May,'
N o v .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
$7,880
3,343
4,546
8,708
9,401
12,837
9,558
10,150
3,604
5,374
9,898
4,898
10,085
7,561
10,226
11,612
5,680
4,049
5,514
8,546
6,357
5,070
3,797
1,453
00
50
10
96
32
36
73
11
06
00
00
34
74
87
56
84
80
50
08
13
89
08
61
12
Dues capital as per general ledger,
Profits capital as per
general ledger, .
Unpaid dues,
$143,532 00
25,022 70
1,681 00
79 00
$170,235 70
Number of shares issued during the year,
Number of shares now in force,
.
.
.
.
Number of shares now borrowed upon, .
Largest number of shares held by any one member,
Number of shares withdrawn during the year,
Number of shares forfeited during the year, .
Number of shares retired during the year,
Number of shares matured during the year, .
$170,235 70
Total,
, 605
2,925
840
25
509
13
26
6
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2^ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
268
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the year........................................... 48
Present number of m e m b e r s ,.................................................................................. 441
Present number of borrowers,...................................................................................135
Present number of non-borrow ers,.........................................................................306
Number of loans secured by first mortgage of real estate,
.
.
. 139
Number of loans on s h a r e s , .....................................................................................18
Largest loan to any one m e m b e r ,...............................................................................$4,500 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
597 00
Date of examination by commissioner: January 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAVINGS BANK COMMISSIONERS.
269
STO UGH TON C O -O P E R A T IV E B A N K — STO UGH TON.
Incorporated March 23, 1886.
W
a l e s
F
r e n c h
,
President.
H
Commenced business April 10, 1886.
e n r y
W .
B
r it t o n
,
Secretary and Treasurer.
Names of security committee:
R
ic h a r d
B.
W
a r d
W
,
C
e b st e r
Sm
h r is t o p h e r
it h
F
a r r e l l
,
.
Regular meetings the second Saturday of each month.
B a l a n c e S h e e t O c t . 3 1 ,1 9 0 4 .
A ss et s .
L i a b il it ie s .
Loans on real estate,
$188,628 32
Loans on shares, .
6,275 00
Permanent expense account,
150 00
Real estate by foreclosure, .
4,403 17
Cash in hands of treasurer, .
3,154 04
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
$202,610 53
$167,597 00
29,375'56
1,024 75
3 35
34 58
158 62
3,344 58
1,072 09
$202,610 53
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans elimi
nated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeited shares, .
real estate by foreclos
ure...................................
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$53,256
10,266
21
502
1
48,610
1,000
6,390
350
363
1,502
5,470
00
For real estate loans, .
$66,375 00
03
share loans, .
5,165 00
85
dues capital withdrawn,
41,846 00
12
dues capital forfeited, .
305 00
25 ,
dues capital matured, .
705 00
00
profits capital withdrawn,
6,824 32
profits capital forfeited,
58 75
profits capital m atured,.
298 10
00
temporary expenses,
1,002 25
00
forfeited shares,
*
363 75
12
real estate by foreclosure,
337 52
75
due on mortgage lo a n s,.
1,300 00
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
3,154 04
96
65
$127,734 73
$127,734 73
270
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
$179,728 32
5,100 00
on
Re a l E s t a t e .
L o an s
on
S h ar es .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
6.00
“
$3,400 00
400 00
6.30 per cent.
6.60
«
$6,275 00
6.00 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
$186
175
164
153
143
133
123
113
104
95
87
79
71
63
55
48
41
34
27
20
14
8
2
70
26
25
55
15
12
38
99
84
99
42
10
03
20
59
19
01
04
28
71
31
08
00
Tota!
Value.
Sept., 1893,
M ar., 1894,
Sept., 1894,
M ar., 1895,
Sept., 1895,
M ar., 1896,
Sept., 1896,
M ar., 1897,
Sept., 1897,
M ar., 1898,
Sept., 1898,
M ar,, 1899,
Sept., 1899,
M ar., 1900,
Sept., 1900,
M ar., 1901,
Sept., 1901,
M ar., 1902,
Sept., 1902,
M ar., 1903,
Sept., 1903,
M ar., 1904,
Sept., 1904,
Shares in
Force.
D a t e or
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account ivith Dues and Profits Capital.
36
74
47
39
72
65
59
88
128
126
62
67
200
128
155
224
256
285
353
383
540
513
520
$6,721
12,969
7,719
5,988
10,306
8,652
7,279
10,031
13,419
12,094
5,420
5,299
14,206
8,089
8,616
10,794
10,498
9,701
9,629
7,931
7,727
4,145
1,040
Dues paid in advance, .
20
24
75
45
80
80
42
12
52
74
04
70
00
60
45
56
56
40
84
93
40
04
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, ..
Unpaid dues,
$167,597 00
29,375 56
1,423 00
112 00
Total,
‘
$198,395 56
Total,
$198,395 56
Number of shares issued during the year.......................................................... 1,255
Number of shares now in f o r c e , .....................................................................4,420
Number of shares now borrowed u p o n ,............................................................1,257
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the year,
.
.
.
.
1,280
Number of shares forfeited during the y e a r ,..........................................................5
Number of shares matured during the y e a r , ......................................................... 5
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 2J per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,............................................157
Present number of m e m b e r s ,...................................................................................624
Present number of borrowers,...................................................................................241
Present number of non-borrow ers,........................................................................ 383
Number of loans secured by first mortgage of real estate,
.
.
. 203
Number of loans on s h a r e s , .................................................................................... 38
Largest loan to any one m e m b e r ,...............................................................................$3,200 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,102 25
Date of examination by commissioner : February 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
271
SAYINGS BANK COMMISSIONERS.
SU FFO LK C O -O P E R A T IV E B A N K — BOSTON.
Incorporated Dec. 11, 1885.
■C h
a r l e s
E .
S
t u m c k e
,
Commenced business Jan. 1, 1886.
President.
G
e o r g e
M.
N
a t
,
Secretary and Treasurer.
Names of security committee:
E
S
d w a r d
e a t e r
,
L.
F
C.
G
r e en l e a d
r a n k
A.
C
h il d s
,
.
Regular meetings the first Wednesday of each month.
B a la n c e Sh e e t O c t .
A sset s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Real estate by foreclosure,
.
Mortgages,
.
.
.
.
Unpaid interest,
Unpaid premiums,
Unpaid fines, .
.
.
.
T a x title,
.
. • .
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$36,900
3,500
50
1,643
3,000
167
6
21
60
440
00
00
00
16
00
88
39
72
65
64
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Unpaid bills,
.
$45,790 44
$39,275
6,044
175
91
189
15
00
79
00
02
05
58
$45,790 44
Detailed Statement o f Receipts and Disbursements for the Year endina
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines.....................................
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$12,033
2,306
72
113
4,000
225
97
1
100
00
32
50
99
25
00
00
94
63
00
1,563 32
75 21
$20,589 16
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
interest on m a t u r e d
shares,
real estate by foreclosure,
suspense,
tax title, .
.
.
.
Cash on hand Oct. 31, 1904,
$8,850
1,575
4,274
100
2,860
391
6
1,154
741
00
00
00
00
00
49
50
40
59
2
118
14
60
440
02
67
20
65
64
$20,589 16
272
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
Amount.
$22,780
5,750
3,700
500
00
00
00
00
on
R e al E s t a t e .
L oans
on
Sh a k e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
6.00
“
6.30
“
6.90
»
$1,000 00
800 00
2,370 00
7.00 per cent.
7.20
“
7è
$1,400 00
2,100 00
5.00 per cent.
6.00
“
. 15
. 16
. 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
$200
188
166
155
145
135
126
116
107
99
90
82
74
67
59
52
45
38
31
25
21
18
15
12
9
6
3
1
Dues paid in advance, .
Total,
52
86
62
97
72
78
18
91
91
24
87
76
88
20
71
45
33
41
63
02
78
57
40
26
15
07
02
00
Total
Value.
1892,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1903,
1903,
1904,
1904,
1904,
1904,
Shares in
Force.
N ov .,
M ay,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov..
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
Feb.,
M ay,
A ug.,
N ov.,
Feb.,
M ay,
A u g .,
N ov.,
Value per
Share.
D a te of
I ssue .
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
5
3
19
18
19
7
22
15
6
20
6
20
52
59
35
44
49
27
33
98
95
121
48
34
31
32
37
10
$1,002
566
3,165
2,807
2,768
950
2,775
1,753
647
1,984
545
1,655
3,893
3,964
2,089
2.307
2,221
1,037
1,043
2,451
2,069
2,246
739
416
283
194
111
10
60
58
78
46
68
46
96
65
46
80
22
20
76
80
85
80
17
07
79
96
10
97
20
84
65
24
74
00
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
6,044 79
407 00
21 00
$45,726 79
Total,
Number of shares issued during the y e a r , ..................................................... 214
Number of shares now in f o r c e , ......................................................................... 985
Number of shares now borrowed u p o n ,............................................................... 282
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ............................................240
Number of shares forfeited during the y e a r ,....................................................... 25
Number of shares matured during the y e a r ,....................................................... 20
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$39,275 00
$45,726 79
No. 8.]
SAVINGS BANK COMMISSIONERS.
273
Lowest rate of premium or interest received on money sold during the year :
5 per cent.
Rate of profits distributed : first term, 1 per cent. ; second term, 1 per cent. ;
third term, 1 per cent. ; fourth term, 1 per cent.
Number of members withdrawn during the y e a r ,....................................... 44
Present number of m e m b e r s ,.................................................................................. 159
Present number of borrow ers,.................................................................................... 38
Present number of non-borrow ers,.........................................................................121
Number of loans secured by first mortgage of real estate,
.
.
.
34
Number of loans on s h a r e s , .................................................................................... 10
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
591 59
Date of examination by commissioner : September 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
274
[Pub. Doc.
T A U N T O N C O -O P E R A T IV E B A N K — T A U N T O N .
Incorporated March 2, 1880.
J
o h n
J.
B
a r k e r
,
Commenced business March 17, 1880.
President.
G
H
e o r g e
E.
D
e a n
,
e r b e r t
O . M
o r se
,
Secretary.
Treasurer.
Names of security committee:
D
a n ie l
C
a r e t
,
H
T
e r b e r t
N.
P
ie r c e
h o m a s
B
a k e r
,
.
Regular meetings the first Tuesday after fifteenth of each month.
Balan ce Sh eet O c t.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
.$502,050 00
Loans on shares, .
21,000 00
Permanent expense account,
316 03
Unpaid interest,
3,445 65
Unpaid fines, .
.
.
.
360 35
Cash in hands of treasurer, .
7,214 29
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$534,386 32
.
$450,023
79,144
3,556
1,527
133
00
86
81
71
94
$534,386 32
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
D isbu r se m e n t s .
From dues capital,
$113,658 00
interest,
26,629 60
fines,
.
.
.
.
755 65
transfer fees,
9 25
141,850 00
real estate loans repaid,
share loans repaid,
12,050 00
Cash on hand Oct. 31, 1903, .
3,985 81
For real estate loans, .
$172,500 00
share loans, .
13,500 00
dues capital withdrawn,
59,498 00
dues capital retired,
25,910 00
profits capital withdrawn,
9,720 04
profits capital retired, .
8,786 40
temporary expenses,
1,278 82
interest on retired shares,
530 76
Cash on hand Oct. 31,1904, .
7,214 29
$298,938 31
$298,938 31
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
SAYINGS BANK COMMISSIONERS.
275
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
$502,050 00
on
R e a l Es t a t e .
L o an s
on
S h ak es .
Rate.
Amount.
Rate.
Amount.
Rate.
5.30 per cent.
-
-
$21,000 00
5.30 per cent.
Total,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
$190
168
147
128
109
92
75
60
53
45
38
31
25
18
12
6
.
36
41
71
18
74
37
99
50
08
85
81
94
23
69
31
08
Total
Value.
M ay, 1893,
M av, 1894,
M ay, 1895,
M ay, J 896,
M ay, 1897,
M ay, 1898,
M ay, 1899,
M ay, 1900,
N ov., 1900,
M ay, 1901,
N ov., 1901,
M ay, 1902,
N ov., 1902,
M ay, 1903,
N ov ., 1903,
M ay, 1904,
Shares in
Force.
D a te op
•Issue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
71
175
385
441
530
766
823
824
251
799
259
949
255
1,350
512
1,381
$13,515
29,471
56,868
56,527
58,162
70,755
62,539
49,852
13,323
36,634
10,051
30,311
6,433
25,231
6,302
8,396
56
75
35
38
20
42
77
00
08
15
79
06
65
50
72
48
$534,376 86
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$450,023 00
79,144 86
5,209 00
•
Total,
$534,376 86
Number of shares issued during the y e a r , ........................................1,992
Number of shares now in f o r c e , ........................................................... 9,771
Number of shares now borrowed u p o n ,................................................. 3,499
Largest number of shares held by any one member.....................................25
Number of shares withdrawn during the year,
.
.
.
.
1,523
Number of shares retired during the y e a r , ................................................. 198
Highest rate of premium or interest received on money sold during the y ea r:
5.30 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5.30 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................53
Present number of m e m b e r s ,............................................................................... 1,139
Present number of borrowers,...................................................................................384
Present number of non-borrowers,.........................................................................755
Number of loans secured by first mortgage of real estate,
.
.
. 431
Number of loans on s h a r e s , ...................................................................................126
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,352 94
Date of examination by commissioner : June 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
276
REPORT OF THE
[Pub. Doc.
TR O Y C O -O P E R A T IV E B A N K — F A L L R IV E R .
Incorporated July 18, 1880.
J
e r o m e
C.
B
o r d e n
,
President.
G
Commenced business July 20, 1880.
H.
e o r g e
E
d d y
,
Jr., Secretary and Treasurer.
Names of security committee :
Ja
F
c o b
a s h
,
J
T
h o m a s
D .
C
o h n
o y il
M.
Y
o u n g
,
.
Regular meetings the third Tuesday of each month.
Balance Sheet Oct. 31, 1904.
A ss et s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
L ia b il it ie s .
$604,000
43,500
.
3,520
1,681
92
.
11,475
00
00
76
67
50
19
Dues capital,
Profits capital (all series),
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Advance payments,
Suspense account,
Personal accounts,
.
$664,270 12
$552,072
88,330
3,875
19,624
17
304
30
16
00
00
33
49
41
03
31
55
$664,270 12
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
D isbu r se m e n t s .
From dues capital,
$158,027 00
interest,
34,023 76
fines,
.
.
.
.
463 17
real estate loans repaid,
98,038 75
real estate loans eliminated by foreclosure,
10,600 00
real estate loans eliminated by maturity of
shares,
5,100 00
share loans repaid,
25,500 00
forfeited shares, .
1,780 26
real estate by foreclosure, .
.
.
.
7,120 70
advance payments,
6,030 34
suspense account,
60 13
Cash on hand Oct. 31, 1903, .
10,636 25
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital m atured,.
temporary expenses,
forfeited shares,
real estate by foreclosure,
advance payments,
suspense account, .
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$357,380 36
$149,738
29,450
92,533
1,569
28,008
11,827
213
11,168
2,304
1,801
11,141
6,091
58
11,475
75
00
00
00
00
94
06
12
34
26
46
63
61
19
$357,380 36
'
No. 8.]
SAYINGS BAN K COMMISSIONERS.
277
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R eal E sta te .
L o an s
on
Sh a r e s .
•
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$598,250 00
5.50 per cent.
$5,750 00
6.00 per cent.
$42,900 00
600 00
5.50 per cent.
6.00
“
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
$201
190
179
168
158
148
138
128
119
110
101
93
85
76
69
61
54
46
39
33
26
19
13
7
1
93
51
40
63
22
11
23
69
41
45
71
25
02
98
20
59
17
95
90
01
29
73
33
09
00
Total
Value.
1892,.
1893, .
1893, .
1894, .
1894, .
1895, .
1895, .
1896, .
1896, .
1897, .
1897, .
1898, .
1898, .
1899, .
1899, .
1900, .
1900, .
1901, .
1901, .
1902, .
1902, .
1903, .
1903, .
1904, .
1904, .
Shares in
Force.
•
Oct.,
A pr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Series.
D ate of
I ssue .
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
64
91
57
131
78
154
88
200
209
509
293
314
407
635
430
558
790
660
830
954
832
1,579
1,324
1,364
1,158
$12,923
17,336
10,225
22,090
12,341
22,808
12,164
25,738
24,956
56,219
29,801
29,280
34,603
48,882
29,756
34,367
42,794
30,987
33,117
31,491
21,873
31,153
17,648
9,670
1,158
T o t a l , .......................................
52
41
80
53
16
94
24
00
69
05
03
50
14
30
00
22
30
00
00
54
28
67
92
76
00
$643,389 00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
Total,
$552,072 00
88,330 00
2,987 00
$643,389 00
Number of shares issued during the year,*
.
.
.
.
.
2,867
Number of shares now in f o r c e , ................................................................... 13,709
Number of shares now borrowed u p o n ,........................................................... 4,296
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year................................................ 2,592
Number of shares forfeited during the y e a r ,....................................................... 53
Number of shares matured during the y e a r ,..................................................... 193
Highest rate of premium or interest received on money sold during the y ea r:
5£ per cent
Lowest rate of premium or interest received on money sold during the y e a r:
5£ per cent.
Rate of profits distributed : first term, 2s| per cent.; second term, 2J per cent.
Number of members withdrawn during the y e a r ,....................................... 332
Present number of m e m b e r s ,............................................................................... 1,437
Present number of b o r r o w e r s , ........................................................................ 417
Present number of non-borrowers,..................................................................... 1,020
Number of loans secured by first mortgage of real estate,
.
.
. 315
Number of loans on s h a r e s , .................................................................................. 210
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m em b e r,...............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
2,304 34
Date of examination by commissioner: August 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
278
V O L U N T E E R C O -O P E R A T IV E B A N K — BOSTON.
________________
Incorporated Nov. 16,1887.
J
o h n
J.
D
,
e l e a
President.
i
Commenced business Jan. 1, 1888.
Ja
m e s
B.
D
o o l e y
,
Secretary and Treasurer.
Names of security committee:
W
C
il l ia m
h a r l e s
J. P
L
a u l
o g u e
,
J
,
o h n
F
Ja
m e s
B.
D
A . R
r a n k
o o l e y
e e d
A . C
,
h il d s
,
.
Regular meetings the third Wednesday of each month.
B alance Sheet Oct.
31, 1904.
•
L ia b il it ie s .
A ssets .
$560,550 00
Loans on real estate,
24,450 00
Loans on shares, .
724 90
Permanent expense account,.
284 53
Temporary expense account,
15,066
68
Real estate by foreclosure, .
Estates sold u n d e r agree
8,478 77
ments..........................................
Unpaid fines, .
.
.
.
27 79
416 79
Personal accounts,.
Cash in hands of treasurer, .
3,477 40
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
.
$519,052
87,077
332
424
3,300
2,996
294
00
94
06
06
00
59
21
$613,476 86
$613,476 86
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isb u r se m e n t s .
R e c e ip t s .
$148,181 00
From dues capital,
29,291 63
interest,
1.385 00
fines,
.
.
.
.
91,850 00
real estate loans repaid,
real estate loans elimi13,800 00
nated by foreclosure,
real estate loans eliminated by maturity of
8,200 00
shares,
11,950 00
share loans repaid,
withdrawal profits,
1,897 96
forfeited shares, .
137 05
real estate by foreclos12,280 64
ure, .
.
.
.
estates sold under agree2,970 96
ments,
606 40
personal accounts,
33,360 02
matured share account,
31 36
profits, .
.
.
.
permanent expense account,
.
i
79 43
temporary expense ac4 05
count,
551 68
tax titles,
1,852 33
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$358,429 51
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital m atured,.
temporary expenses,
permanent expenses,
forfeited shares,
interest, .
.
.
.
fines,
.
.
.
.
real estate by foreclosure,
estates sold under agreements,
personal accounts, .
matured share account,
tax titles,
withdrawal profits,
surplus, .
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$154,161
19,300
68,751
1,174
29,837
7,608
120
11,723
3,053
56
3
322
21
17,089
13
00
00
00
00
45
83
32
57
75
00
11
32
50
1,890
575
38,505
551
2
204
3,477
43
78
56
68
25
43
40
$358,429 51
No. 8.]
SAYINGS BAN K COMMISSIONERS.
279
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
R eal E st a t e .
Rate.
$537,150 00
5,100 00
17,550 00
L oans
$200 00
550 00
Sh a k e s .
Rate.
Amount.
Rate.
6.25 per cent.
6.50
“
$23,850 00
600 00
5.00 per cent.
6.00
Amount.
5.00 per cent.
5.25
“
6.00
on
1893,
1893,
1893,
1893,
1894,
1894,
1894,
1894,
1895,
1895,
1895,
1895,
1896,
1896,
1896,
1896,
1897,
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,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
38
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
$195
189
183
178
173
167
162
157
152
147
142
137
132
128
123
118
114
110
105
101
97
92
88
84
80
76
72
68
65
61
57
54
50
46
43
39
36
32
29
26
22
19
16
13
10
7
4
1
Dues paid in advance, .
Total,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
09
45
92
43
05
75
57
42
36
39
43
61
85
15
50
96
46
05
69
40
17
99
86
78
75
77
86
99
17
41
71
01
41
80
26
76
31
90
53
20
91
67
46
30
17
08
02
00
Total
Value.
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Shares in
Force.
D a te op
Is s u e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
98
69
23
36
85
37
67
50
157
104
97
80
88
133
91
75
170
217
140
118
318
168
145
100
136
179
135
255
205
145
99
196
525
177
189
256
837
412
494
488
622
555
578
525
909
666
912
519
$19,118
13,072
4,230
6,423
14,709
6,206
10,892
7,871
23,920
15,328
13,815
11,008
11,690
17,043
11,238
8,922
19,458
23,880
14,796
11,965
30,900
15,622
12,884
8,478
10,982
13,741
9,836
17,592
13,359
8.904
5,713
10,585
26.465
8,283
8,176
10,178
30,391
13,554
14,587
12,785
14,250
10,916
9,513
6,982
9,244
4,715
3,666
519
82
05
16
48
25
75
19
00
52
56
71
80
80
95
50
00
20
85
60
20
06
32
70
00
00
83
10
45
85
45
29
96
25
60
14
56
47
80
82
60
02
8.5
88
50
53
28
24
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$519,052 00
87,077 94
4,222 00
1,926 00
$610,351 94
Total,
$610,351 94
280
REPORT OF THE
[Pub. Doc.
Number of shares issued during the y e a r , ................................................. 3,781
Number of shares now in f o r c e , ................................................................... 12,680
Number of shares now borrowed u p o n ,........................................................... 3,713
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year,
.
.
.
.
2,947
Number of shares forfeited during the y e a r ,....................................................... 62
Number of shares matured during the y e a r , ..................................................... 206
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed : first term, 1,} per cent.; second term, 1& per cent.;
third term, 1| per cen t.; fourth term, 1| per cent.
Number of members withdrawn during the y e a r ,........................................238
Present number of m e m b e r s ,............................................................................... 1,495
Present number of borrow ers,.................................................................................. 340
Present number of non-borrow ers,..................................................................... 1,155
Number of loans secured by first mortgage of real estate,
.
.
. 289
Number of loans on s h a r e s , ...................................................................................116
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
3,049 52
Date of examination by commissioner : March 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
281
SAYINGS BANK COMMISSIONERS.
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 .
Incorporated Jan. 31, 1887.
E
v e r e t t
W .
E
a t o n
,
Commenced business March 5, 1887.
President.
H
F
a r r y
o st e r
,
Secretary and Treasurer.
Names of security committee :
R
W .
O
S.
ic h a r d
G .
St
W
l iv e r
Sto
r o n g
u t
W .
,
,
a l t o n
,
A.
P
r e sc o t t
A.
Ja
m e s
W
a r r e n
H
,
ic k e y
B . W
,
il e y
.
Regular meetings the first Saturday of each month.
B alance Sh eet Oct.
31, 1904.
L ia b il it ie s .
A ssets .
$246,250 00
Loans on real estate,
9,950 00
Loans on shares, .
80 00
Permanent expense account,
9,415 50
Real estate by foreclosure, .
1,582 22
Unpaid interest,
55 35
Unpaid prem ium s,.
130 38
Unpaid fines, .
.
.
.
457 60
Personal accounts,.
57 47
Taxes,
.
.
13,502 33
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
.
$238,537
37,850
1,475
3,618
00
54
00
31
$281,480 85
$281,480 85
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated bv foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
mortgage balance,
Cash on hand Oct. 31,1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$67,363
13,053
53
308
1
33,450
00
20
45
29
00
00
2,200
10,050
289
43
00
00
72
89
4,618 00
26 51
13,807 03
$145,264 09
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
temporary expenses,
interest on retired shares,
real estate by foreclosure,
.
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$54,555
8,400
14,678
315
39,976
1,144
175
7,088
926
478
50
00
00
00
00
81
75
16
02
44
4,024 08
13,502 33
$145,264 09
282
REPOET OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Rate.
$237,300 00
8,600 00
Re a l E st a t e .
L o an s
Amount.
5.00 per cent.
6.30
«
$350 00
on
Sh ak es .
Rate.
Amount.
Rate.
7.20 per cent.
$9,950 00
5.00 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
$201
189
178
167
157
147
137
127
118
109
100
91
83
75
67
60
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
55
93
68
79
28
05
12
52
23
16
42
88
61
58
82
25
89
70
70
86
18
67
30
08
Total
Value.
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N o v .,
M ay,
Shares in
Force
D a te of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
19
27
18
48
22
86
57
118
92
121
235
166
162
232
209
402
334
366
215
413
387
560
614
580
$3,829
5,128
3,216
8,053
3,460
12,646
7,815
15,047
10,877
13.208
23,598
15,252
13,544
17,534
14,174
24,220
17,665
16,726
8,320
13,158
9,744
10,455
7,552
3,526
45
11
24
92
16
30
84
36
16
36
70
08
82
56
38
50
26
20
50
18
66
20
20
40
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$238,537 00
37,850 54
2,670 00
301 00
$279,057 54
Total,
$279,057 54
Number of shares issued during the y e a r , ....................................... 1,300
Number of shares now in force,
.
..................................................5,483
Number of shares now borrowed upon,
........................................1,473
Largest number of shares held by any one member,
.
.
. . .
25
Number of shares withdrawn during the year,
.
.
.
.
630
Number of shares forfeited during the y e a r , ................................................. 11
Number of shares retired during the y e a r , ................................................. 542
Highest rate of premium or interest received on money sold during the year,
5 per cent.
Lowest rate of premium or interest received on money sold during the year,
5 per cent.
Hate of profits distributed: first term, 2| per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,........................................81
Present number of m e m b e r s ,.....................................................................
799
Present number of borrowers,.................................................................................. 233
Present number of non-borrowers,.........................................................................566
Number of loans secured by first mortgage of real estate,
.
.
. 238
Number of loans on shares,
.
.
.
"
................................................. 50
Largest loan to any one m e m b e r ,.............................................................................. $4,550 00
Smallest loan to any one m e m b e r,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
946 02
Date of examination by commissioner : September 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
SAVINGS BAN K COMMISSIONERS.
283
W A L T H A M C O -O P E R A T IV E B A N K — W A L T H A M .
Incorporated Oct. 13, 1880.
E d w a r d P . S m i t h , President.
Commenced business Oct. 20, 1880.
F r a n k K . P o r t e r , Secretary and Treasurer.
Names of security committee:
E d w a r d P . Sm i t h ,
M ic h a e l T . C o n n e l l y ,
Ch ar le s E . G e t c h e l l .
Regular meetings the third Thursday of each month.
Balan ce Sheet Oct.
A ss e t s .
L ia b il it ie s .
Loans on real estate,
„
$589,600 00
Loans on shares, .
11,050 00
Temporary expense account,
341 10
Real estate by foreclosure, .
25,580 37
Mortgages,
.
.
.
.
3,500 00
Cash in hands of treasurer, .
21,963 08
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
31, 1904.
$652,034 55
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
Fines.............................................
Transfer fees,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Profit and loss,
$569,131
77,004
682
3
49
2
2,300
2,428
31
401
00
14
46
06
99
25
00
75
28
62
$652,034 55
284
REPORT OF THE
[Pub. Doc
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
D isbu rsem en ts .
f 159,749 00
From dues capital,
interest,
31,511 37
premiums, .
29 27
fines,
.
.
.
.
1,408 17
transfer fees,
8 25
96,250 00
real estate loans repaid,
real estate loans elimi100 00
nated by foreclosure,
real estate loans eliminated by maturity of
shares,
4,200 00
13,700 00
share loans repaid,
withdrawal profits,
528 83
forfeiture profits, .
30
real estate by foreclosure, .
.
.
.
23,853 31
mortgages, .
400 00
temporary loan, .
20,000 00
10,980 86
Cash on hand Oct. 31, 1903, .
$171,650 00
l'or real estate loans, .
share loans, .
9,750 00
93,860 00
dues capital withdrawn,
dues capital forfeited, .
3 00
dues capital matured, .
29,210 00
12,734 36
profits capital withdrawn,
2 04
profits capital forfeited, .
profits capital matured,
10,553 42
temporary expenses,
4,244 79
real estate by foreclos1,803 30
ure,
.
.
.
.
surplus, .
.
.
.
4,245 37
guaranty fund,
2,700 00
Cash on hand Oct. 31, 1904,
21,963 08
$362,719 36
$362,719 36
Total Amount o f Loans at Specified Rates of Interest.
L oans
Amount.
$509,250
72,650
2,700
600
600
00
00
00
00
00
on
Real E state.
L o an s
Rate.
Amount.
Rate.
Amount.
5.00 per cent.
6.00
$600
2,200
200
800
6£
per cent.
6.60
6.70
“
6.90
$9,650 00
1,400 00
6.30
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
«
00
00
00
00
on
Sh a r e s .
Rate.
5.00 per cent.
6.00
«
N o. 8.]
SAYINGS BAN K COMMISSIONERS
285
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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
79
$199
193
188
182
177
172
167
162
157
152
147
142
137
133
128
123
119
115
110
106
102
98
94
90
86
82
78
74
70
67
63
59
56
52
49
45
42
39
35
32
29
26
22
19
16
13
10
7
4
1
Dues paid in advance, .
Total,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
69
97
43
94
58
29
07
00
01
06
19
42
68
03
44
92
49
11
82
54
35
20
16
15
18
26
41
63
88
19
53
91
33
81
34
92
52
15
81
53
26
01
77
57
40
26
15
07
02
00
Total
Value.
1892,
1892,
1893,
1893,
1893,
1893,
1894,
1894,
1894,
1894,
1895,
1895,
1895,
1895,
1896,
1896,
1896,
1896,
1897,
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,
Shares in
Force.
Series.
D a te of
Issue.
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
Apr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
A pr.,
July,
Oct.,
Jan.,
A pr.,
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.,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
58
59
51
49
60
60
75
45
34
52
61
58
95
95
112
132
42
95
158
145
117
206
130
184
158
180
233
317
256
399
257
315
340
316
353
430
430
409
500
455
487
420
537
418
597
676
642
883
644
520
$11,582
11,444
9,609
8,964
10,654
10,337
12,530
7,290
5,338
7,907
8,978
8,260
13,079
12,637
14,385
16,357
5,018
10,935
17,509
15,448
11,974
20,229
12,240
16,587
13,616
14,806
18,269
23,657
18,145
26,808
16,327
18,871
19,152
16,687
17,417
19,745
18,283
16,012
17,905
14,801
14.249
10,924
12,227
8,180
9,790
8,963
6,516
6,242
2,588
520
02
23
93
06
80
40
25
00
34
12
59
36
60
85
28
44
58
45
56
30
95
20
80
60
44
80
53
71
28
81
21
65
20
96
02
60
60
35
00
15
62
20
49
26
80
76
30
81
88
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$569,131 00
77,004 14
4,798 00
•
919 00
$650,933 14
Total,
$650,933 14
286
REPORT OF THE
[Pub. Doc.
Number of shares issued during the y e a r , ..................................................2,952
Number of shares now in f o r c e , ................................................................... 13,345
Number of shares now borrowed u p o n ,........................................................... 3,572
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
2,358
Number of shares forfeited during the y e a r ,..........................................................1
Number of shares matured during the y e a r ,..................................................... 198
Highest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r;
5 per cent.
Rate of profits distributed: first term, 1 per cent.; second term, 1 per cent.;
third term, 1 per cent.; fourth term, 1 per cent.
Number of members withdrawn during the year, .
.
.
.
.
374
Present number of m e m b e r s ,............................................................................... 2,009
Present number of borrowers,...................................................................................465
Present number of non-borrowers,..................................................................... 1,544
Number of loans secured by first mortgage of real estate,
.
.
. 417
Number of loans on s h a r e s , .....................................................................................48
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
4,244 79
Date of examination by commissioner : March 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
287
W A T E R T O W N C O -O P E R A T IV E B A N K — W A T E R T O W N .
Incorporated June 23, 1888.
C h a r l e s B r i g h a m , President.
Commenced business June 28, 1888.
S a m u e l S. G l e a s o n , Secretary and Treasurer.
Names of security committee:
F r e d e r ic E . C r it c h e t t ,
S a m u e l S. G l e a s o n ,
H orace W . Ot is .
Regular meetings the fourth Thursday of each month.
B alan ce Sh eet Oct.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$284,700 00
Loans on shares, .
4,910 00
Temporary expense account,
767 92
Unpaid interest,
4,137 21
Unpaid prem ium s,.
116 40
Unpaid tines, .
.
.
.
325 33
Office furniture,
150 00
Cash in hands of treasurer, .
24,183 29
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
Fines.............................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
$319,290 15
$258,885
45,165
7,301
407
326
00
36
44
30
16
50
110 55
2,465 00
4,628 84
$319,290 15
Detailed Statement o f Receipts and Disbursements for the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,.
interest,
premiums, . , .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclos
ure, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$71,500
17,396
938
691
3
48,725
9,415
230
00
72
00
74
25
00
00
54
7,266 47
9,978 04
$166,144 76
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
profits capital withdrawn,
profits capital retired, .
temporary expenses,
interest on retired shares,
real estate by foreclosure,
surplus, .
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$56,800
3,290
15,288
43,042
912
12,331
2,123
459
7,266
447
24,183
00
00
00
00
11
52
57
98
47
82
29
$166,144 76
REPORT OF THE
288
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest,
•
L o an s
on
He a l E s t a t e .
L oans
Amount.
Rate.
Amount.
Rate.
$1,100 00
271,700 00
6.00 per cent.
6.30
$11,900 00
6.60 per cent.
on
Amount.
$1,300 00
3,610 00
S h ar es .
Rate.
6.30 per cent.
6.60
“
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
11 $188
12
177
13
166
14
155
15
145
16
135
126
17
18
116
19
107
20
99
21
90
22
82
23
74
24
66
25 , 58
26
51
44
27
28
37
29
30
30
23
31
17
32
11
33
5
Dues paid in advance, .
Total,
50
35
52
98
80
86
25
88
84
03
46
17
12
29
69
33
16
18
39
78
35
09
00
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,
Shares in
Force.
D ate of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
91
75
60
108
136
84
109
103
128
115
257
275
231
131
115
187
245
635
398
466
480
797
659
$17,153
13,301
9,991
16,845
19,828
11,412
13,761
12,038
13,803
11,388
23,248
22,596
17,121
8,683
6,749
9,598
10,819
23,609
12,095
11,081
8,328
8,838
3,295
50
25
20
84
80
24
25
64
52
45
22
75
72
99
35
71
20
30
22
48
00
73
00
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
$258,885 00
45,165 36
1,972 00
432 00
• $306,022 36
Total,
$306,022 36
Number of shares issued during the y e a r , ..................................................1,572
Number of shares now in f o r c e , ..................................................................... 5,885
Number of shares now borrowed u p o n ,............................................................1,676
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 726
Number of shares retired during the y e a r , ..................................................... 475
Highest rate of premium or interest received on money sold during the y ea r:
6.60 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
6.30 per cent.
Rate of profits distributed : first term, 2| per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r ,........................................66
Present number of m e m b e r s ,...................................................................................619
Present number of b o r r o w e r s , ......................................................................... 163
Present number of non-borrowers,.........................................................................456
Number of loans secured by first mortgage of real estate,
.
.
. 155
Number of loans on s h a r e s , .....................................................................................33
Largest loan to any one m e m b e r ,............................................................................... $5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
20 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
2,123 57
Date of examination by commissioner : January 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
289
W A V E R L E Y C O -O P E R A TIV E B A N K — BE LM O N T.
Incorporated April 4, 1896.
Commenced business April 13,1896.
G u stavu s C. H o l t , President.
U l y ss e s S. Y
oung,
I r v in g F . M u n r o e , Secretary.
Treasurer.
Names of security committee:
W
F. B eetle,
T homas L. Cr e e l e y ,
H e r ber t H . R u ssell.
alter
Regular meetings the second Monday of each month.
Balance
Sh e e t O c t .
A ssets.
31, 1904.
L ia b il it ie s .
$127,400 00
Loans on real estate,
Loans on shares, .
5,925 00
Permanent expense account,
65 00
Temporary expense account,
79 58
Real estate by foreclosure,
9,393 25
2,500 00
Mortgages,
.
.
.
.
Unpaid interest,
756 26
Unpaid fines, .
.
.
.
84 67
Cash in hands of treasurer, .
1,796 77
Dues capi tal , .
.
.
.
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$148,000 53
$126,000 00
18,413 49
704 60
20
27 76
108 68
600 00
2,000 95
144 85
$148,000 53
Detailed Statement o f Receipts and Disbursements for the Year endina
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeited shares, .
real estate by foreclosure, .
.
.
.
temporary expense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$42,802
7,392
2
227
00
22
80
81
50
20,750 00
1,400
7,070
906
736
00
00
43
59
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
profits capital withdrawn,
profits capital forfeited,.
temporary expenses,
forfeited shares,
real estate by foreclosure,
Cash on hand Oct. 31, 1904,
$42,050
5,550
29,650
654
3,531
115
980
591
1,966
1,796
00
00
00
00
27
63
48
74
71
77
2,092 88
125 01
3,380 36
$86,886 60
$86,886 60
290
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
Rate.
$127,400 00
R isal E st a t e .
L o an s
Amount.
Rate.
Amount.
-
-
$5,925 00
6 per cent.
on
Sh a k e s .
Rate.
6 per cent.
Apr., 1896,
Oct., 1896,
A pr., 1897,
Oct., 1897,
Apr., 1898,
Oct., 1898,
Apr., 1899,
Oct., 1899,
Apr., 1900,
Oct., 1900,
Apr., 1901,
Oct., 1901,
A pr., 1902,
Oct., 1902,
Apr., 1903,
Oct., 1903,
A pr., 1904,
Oct., 1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
$132
122
113
103
95
86
78
70
62
54
47
40
33
26
19
13
7
1
Dues paid in advance, .
Total,
08
44
06
97
14
58
25
17
34
71
31
14
18
39
78
35
09
00
107
65
75
67
86
84
198
94
150
164
202
257
250
265
369
403
526
290
Value.
Total
Shares in
Force.
D a te of
I ssu e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$14,132
7,958
8,479
6,965
8,182
7,272
15,493
6,595
9,351
8,972
9,556
10,315
8,295
6,993
7,298
5,380
3,729
290
56
60
50
99
04
72
50
98
00
44
62
98
00
35
82
05
34
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid d u e s,.
$126,000 00
18,413 49
1,030 00
180 00
$145,443 49
Total,
$145,443 49
Number of shares issued during the y e a r , ........................................1,214
Number of shares now in f o r c e , ........................................................... 3,652
Number of shares now borrowed u p o n ,.......................................................... 838
Largest number of ahares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the year,
.
.
.
.
1,084
Number of shares forfeited during the y e a r ,..................................................17
Highest rate of premium or interest received on money sold during the y ea r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Hate of profits distributed: first term, 2| per cent.; second term, 2| per cent.
Number of members withdrawn during the y e a r , ....................................... 47
Present number of m e m b e r s ,...................................................................................436
Present number of borrowers....................................................................................... 91
Present number of n on-borrow ers,.........................................................................345
Number of loans secured by first mortgage of real estate,
.
.
.
70
Number of loans on s h a r e s , .....................................................................................43
Largest loan to any one m e m b e r ,...............................................................................
Smallest loan to any one m e m b e r ,...............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : September 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$5,000 00
25 00
890 47
No. 8.]
SAYINGS BANK COMMISSIONERS.
291
W E B S T E R C O -O P E R A T IV E B A N K — W E B S T E R .
Incorporated A u g . 2, 1889.
Commenced business Aug. 8, 1889.
J o h n J. L o v e , President.
C. M . N a s h , Secretary and Treasurer.
Names of security committee:
John J. L ove,
L ou is E . P a t t is o n ,
Ja m e s Co ck s,
I ke Sh e a .
Regular meetings the second Thursday of each month.
B alance Sh eet Oct.
A ssets.
31, 1904.
L ia b il it ie s .
$147,205 00
Loans on real estate,
Temporary expense account,.
167 08
8,385 00
Loans on shares, .
Unpaid interest,
475 12
21 20
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
19 40
1,300
12
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Rent account,
$157,572 92
$128,810
22,525
2,229
109
24
306
1,907
1,614
45
00
61
35
74
94
91
00
37
00
$157,572 92
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
D isb u k se h e n t s .
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
rent,
.
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$32,539
8,664
414
96
16,420
2,312
596
105
815
00
77
12
60
00
00
67
00
27
$61,963 43
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
repairs, .
.
.
.
Cash on hand Oct. 31, 1904,
$35,300
3,480
17,988
3,151
706
37
1,300
00
00
00
81
42
08
12
$61,963 43
292
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
Amount.
$147,205 00
on
Re a l E s t a t e .
L o an s
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
6.30 per cent.
-
-
$4,360 00
4,025 00
6.00 per cent.
6.30
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
$183
172
161
151
141
131
122
113
104
95
87
79
71
63
56
48
41
34
28
21
15
9
3
Dues paid in advance, .
Total,
•
60
61
98
61
63
84
38
25
29
69
31
18
27
64
10
88
83
97
26
72
33
09
00
Toial
Value.
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a te of
I ssue .
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
Feb.,
A u g .,
F eb.,
A u g .,
Feb ,
A ug.,
Feb.,
A u g .,
Feb.,
A u g .,
Value per
Share.
Reconciliation o f Share Account with Dices and Profits Capital.
26
68
51
40
86
37
31
84
65
88
107
124
74
149
135
73
101
254
149
317
241
225
195
$4,773
11,737
8,260
6,064
12,180
4,878
3,793
9,513
6,778
8,420
9,342
9,818
5,273
9,482
7,573
3,568
4,224
8,882
4,210
6,885
3,694
2,045
585
60
48
98
40
18
08
78
00
85
72
17
32
98
36
50
24
83
38
74
24
53
25
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
$128,810 00
22,525 61
786 00
134 00
$152,121 61
Total,
$152,121 61
Number of shares issued during the y e a r , ................................................. 521
Number of shares now in force,
.
.
.
.
.
.
.
2,720
Number of shares now borrowed u p o n ,........................................................... 874
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 444
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed: first term, 2^ per cent.; second term, 2^ per cent.
Number of members withdrawn during the year, .
.
.
.
.6 4
Present number of members, .
.
............................................................ 347
Present number of borrowers,.
.
._
....................................................... 114
Present number of non-borrowers, .
.’
.......................................................233
Number of loans secured by first mortgage of real estate, .
.
. 103
Number of loans on s h a r e s , .............................................................................. 38
Largest loan to any one m e m b e r ,................................................................................$5,000 00
Smallest loan to any one m e m b e r,...............................................................................
15 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
906 42
Date of examination by commissioner : M ay 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
293
W E IR C O -O P E R A TIV E B A N K — T A U N T O N .
Incorporated July 11, 1884.
Commenced business July 16, 1884.
E d w a r d C. P a u l l , President.
A l b e r t H . T e t l o w , Secretary.
T . P r e st o n B u r t , Treasurer.
Names of security committee :
J ohn H . D a l g l is h ,
J a m e s O. D e a n ,
J. W . P a r k e r .
Regular meetings the sixteenth day of each month.
Balance S heet Oc t.
A ss e t s .
31, 1904.
L ia b il it ie s .
$249,850 00
Loans on real estate,
2,650 00
Loans on shares, .
Temporary expense account,
232 19
662 49
Real estate by foreclosure, .
Unpaid interest,
1,194 27
Unpaid prem ium s,.
7 35
Unpaid fines, .
.
.
.
150 96
40 00
Insurance account,
Cash in hands of treasurer, .
5,936 36
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Guaranty fund,
Surplus,
.
.
.
.
Advance payments,
$260,723 62
$213,295 00
34,892 60
3,916 35
2 22
110 27
75
1,955 00
6,474 22
77 21
$260,723 62
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 , 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
real estate by foreclosure, .
.
.
.
advance payments,
taxes, .
.
.
.
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$55,191
12,233
4
376
2
36,700
00
83
98
27
50
00
600 00
2,750 00
4,215
425
240
7,375
00
04
00
17
$120,113 79
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired.
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital m atured,.
temporary expenses,
interest on retired shares,
real estate by foreclosure,
taxes,
.
.
.
.
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$52,350
2,200
21,512
66
21,717
2,448
3,338
6
7,307
1,030
710
520
730
240
5,936
00
00
00
00
00
00
74
03
97
03
26
72
68
00
36
$120,113 79
REPORT OF THE
294
[Pub. Doc.
Total Amount o f Loans at Specified Bates o f Interest.
L o an s
on
Real E state.
L o an s
Amount.
Rate.
Amount.
Rate.
$247,350 00
5.30 per cent.
$2,500 00
6.30 per cent.
on
Amount.
$2,550 00
100 00
Sh a k e s .
Rate.
5.30 per cent.
6.30
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
Jail.,
July,
Jan.,
July,
Jan.,
July,
Jan.,
July,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
•
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
$173
163
152
142
133
123
114
105
96
88
80
72
64
57
49
42
36
29
22
16
10
4
86
19
85
83
10
63
43
52
86
47
30
36
67
21
96
90
01
29
73
33
09
00
21
140
90.
91
162
93
90
92
103
134
160
293
148
143
173
564
199
171
259
959
295
226
Total
Value.
Shares in
Force.
L a t e oe
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
$3,651
22,846
13,756
12,997
21,562
11,497
10,298
9,707
9,976
11,854
12,848
21,201
9,571
8,181
8,643
24,195
7,165
5,008
5,887
15,660
2,976
904
06
60
50
53
20
59
70
84
58
98
00
48
16
03
08
60
99
59
07
47
55
00
T o t a l , ........................................ $250,392 60
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
Total,
$213,295 00
34,892 60
2,205 00
$250,392 60
Number of shares issued during the y e a r , ................................................. 542
Number of shares now in f o r c e , ...........................................................4,606
Number of shares now borrowed u p o n ,................................................. 1,446
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................535
Number of shares forfeited during the y e a r ,................................................. 3
Number of shares retired during the y e a r , ................................................. 167
Number of shares matured during the y e a r ,................................................. 17
Highest rate of premium or interest received on money sold during the y ea r:
5 f 0- per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5t% per cent.
Rate of profits distributed: first term, 2^ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,....................................... 67
Present number of m e m b e r s ,...................................................................................583
Present number of borrowers,...................................................................................195
Present number of non-borrow ers,.........................................................................388
Number of loans secured by first mortgage of real estate,
.
.
. 182
Number of loans on s h a r e s , .....................................................................................14
Largest loan to any one m e m b e r ,............................................................................... $4,800 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
710 26
Date of examination by commissioner: March'3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
295
W E S T F IE L D C O -O P E R A TIV E B A N K — W E S T F IE L D .
Incorporated Dec. 13, 1881.
A ugustus W . H o l t o n , President.
Commenced business Dec. 19, 1881.
J a m e s H . C l a r k , Secretary and Treasurer.
Names of security committee:
T h o m a s L it t l e ,
A ugustus W . H o l t o n ,
S. B. C a m p b e l l .
Regular meetings the third Monday of each month.
Balance Sheet Oct. 31, 1904.
L ia b il it ie s .
A ss e t s .
$189,835 37
Loans on real estate,
7,938 00
Loans on shares, .
90 00
Permanent expense account,.
281 96
Temporary expense account,
511
77
Real estate by foreclosure, .
3,302 01
Unpaid interest,
80 10
Personal account, .
344 89
Suspense account, .
82 79
Insurance account,
4,196 77
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , ........................................
Withdrawal profits,
Guaranty fund,
* Forfeited share account,
Retired share account,.
Matured share account,
Profit and loss,
$169,399
28,232
4,489
167
28
2,209
564
10
931
632
00
12
06
00
07
32
60
01
99
49
$206,663 66
$206,663 66
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu rsem en ts .
R e c e ip t s .
From dues capital,.
interest,
fines,
.
.
.
.
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
personal accounts,
retired share account, .
matured share account,
insurance account,
suspense account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$47,559
11,662
284
39,432
00
80
73
00
950
11,732
111
944
11,953
1,741
52
1
5,463
00
00
76
80
08
71
50
00
73
$131,889 11
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital retired, .
profits capital m atured,.
temporary expenses,
interest on retired and
matured shares, .
real estate by foreclosure,
personal accounts,
retired share account, .
matured share account,
insurance account,
interest repaid,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$55,278
8,961
29,433
8,566
1,244
5,335
3,273
490
936
89
00
00
00
00
76
60
76
92
120
4
1,024
11,948
932
135
6
4,196
43
92
90
07
80
29
00
77
$131,889 11
REPORT OF THE
296
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
L o an s
R e al E s t a t e .
Amount.
Rate.
Amount.
Rate.
$189,835 37
6.00 per cent.
-
-
on
Sh a r e s .
Amount.
$7,938 00
Rate.
6.00 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
$192
181
171
161
151
141
132
123
114
105
97
89
81
73
65
58
51
43
37
30
23
17
11
5
Dues paid in advance, .
Total,
50
80
40
29
44
82
47
32
45
82
41
16
15
34
74
32
03
97
06
32
75
34
09
00
.
Total
Value.
Dec.,
June,
Dec.,
June,
Dec.,
June,
D ec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Shares in
Force.
D a t e of
I ss u e .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
84
15
72
50
122
25
56
17
49
94
143
118
114
104
110
99
215
180
324
213
482
333
537
521
$16,170
2,727
12,340
8,064
18,475
3,545
7,418
2,096
5,608
9,947
13,929
10,520
9,251
7,627
7,231
5,773
10,971
7,914
12,007
6,458
11,447
5,774
5,955
2,605
00
00
80
50
68
50
32
44
05
08
63
88
10
36
40
68
45
60
44
16
50
22
33
00
Dues capital, as per general led ger,.
Profits capital, as per
general ledger, .
Unpaid d u e s,.
28,232 12
6,582 00
*
352 00
$204,213 12
Total,
Number of shares issued during the y e a r , ..................................................1,231
Number of shares now in f o r c e , ..................................................................... 4,077
Number of shares now borrowed u p o n ,............................................................1,405
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ........................................... 802
Number of shares retired during the y e a r , ....................................................... 60
Number of shares matured during the y e a r ,..........................................................9
Highest rate of premium or interest received on money sold during the year :
6 per cent.
Lowest rate of premium or interest received on money sold during the year :
6 per cent.
Rate of profits distributed : first term, 2 f per cent. ; second term, 2| per cent.
75
Number of members withdrawn during the year, .
551
Present number of m e m b e r s ,.................................................
206
Present number of borrowers,.................................................
345
Present number of non-borrowers,........................................
183
Number of loans secured by first mortgage of real estate,
65
Number of loans on s h a r e s , .................................................
Largest loan to any one m e m b e r ,........................................
Smallest loan to any one m e m b e r ,.......................................
Amount of expenses of the corporation for the year ending
b •
Date of examination by commissioner : March 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$169,399 00
$204,213 12
$4,500 00
3 00
1,026 92
No. 8.]
SAYINGS BANK COMMISSIONERS.
297
W E S T N E W T O N C O -O P E R A TIV E B A N K — W E S T N E W T O N .
Incorporated June 14, 1892.
C h a r l e s E . H a t f i e l d , President.
Commenced business June 22, 1892.
F r a n c is N e w h a l l , Secretary and Treasurer.
Names of security committee:
C. M . W
H e n r y H . H unt,
h it t l e s e y ,
J a m e s H . N ic k e r s o n .
Regular meetings the fourth Wednesday of each month.
B a la n c e Sh e e t O c t .
A ss et s .
Loans on real estate,
Loans on shares, .
Temporary expense account,
Real estate by foreclosure,
.
Cash in hands of treasurer, .
31, 1904.
L ia b il it ie s .
$81,250
3,470
149
4,257
7,866
00
00
41
20
87
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , ........................................
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$96,993 48
$78,951
11,525
1,524
49
81
00
71
53
15
79
25
39
98
92
76
36
726
4,069
27
$96,993 48
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
city note,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$24,398
4,672
175
233
18,300
1,669
302
5
00
27
79
90
25
00
00
55
11
00
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital matured,
temporary expenses,
real estate by foreclosure,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$24,000
3,854
14,769
5
6,767
1,713
2,808
396
220
7,866
00
00
00
00
00
11
45
72
40
13
87
454 25
10,000 00
2,189 56
$62,400 68
$62,400 68
298
REPORT OF THE
[Pub. Doc
Total Amount o f Loans at Specified Rates o f Interest.
L oans
on
Amount.
Rate.
$36,100 00
43,550 00
5.30 per cent.
6.30
«
Real E st a t e .
L oans
Amount.
Rate.
$900 00
700 00
on
Sh ar es .
Amount.
6.60 per cent.
6.90
“
$3,230 00
240 00
Rate.
5.30 per cent.
6.30
“
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
-
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
$197
185
174
164
153
143
134
124
115
106
97
89
81
73
65
58
50
43
37
30
23
17
11
5
Dues paid in advance, .
Total,
21
82
79
19
81
84
04
60
40
48
83
44
26
35
66
19
95
90
01
29
73
33
09
00
Total
Value
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
D ec,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Dec.,
June,
Shares in
Force.
D a te op
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
46
5
15
20
27
15
20
2
23
15
29
22
20
81
101
125
173
87
218
104
196
133
264
307
$9,071
929
2,621
3,283
4,152
2,157
2.680
249
2,654
1,597
2,837
1,967
1,625
5,941
6,631
7,273
8,814
3,819
8,068
3,150
4,651
2,304
2,927
1,535
66
10
85
80
87
60
80
20
20
20
07
68
20
35
66
75
35
30
18
16
08
89
76
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid d u e s,.
11,525 71
657 00
188 00
$91,133 71
Total,
Number of shares issued during the y e a r , ..................................................... 631
Number of shares now in f o r c e , ..................................................................... 2,048
Number of shares now borrowed u p o n ,............................................................... 551
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................... 472
Number of shares forfeited during the y e a r ,......................................................... 5
Number of shares matured during the y e a r , ....................................................... 47
Highest rate of premium or interest received on money sold during the y ea r:
5-fft per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5^- per cent.
t
Rate of profits distributed : first term, 2£ per cen t.; second term, 2£ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$78,951 00
$91,133 71
No. 8.]
SAYIN GS BANK COMMISSIONERS.
Number of members withdrawn during the year, .
.
.
.
Present number of m e m b e r s ,.....................................................................
Present number of b o r r o w e r s , ...........................................................
Present number of non-borrowers..............................................................
Number of loans secured by first mortgage of real estate,
.
Number of loans on s h a r e s , .....................................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m em b e r,...........................................................
.
56
. 249
.
68
. 181
.
52
.
16
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : September 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
299
$5,000 00
30 00
502 40
300
REPORT OF THE
[Pub. Doc
W E S T R O X B U R Y C O -O P E R A T IV E B A N K — BOSTON.
Incorporated Feb. 1, 1881.
Ste ph e n F . W
oodm an,
President.
Commenced business March 3, 1881.
B e n ja m in H . J o n e s , Secretary and Treasurer.
Names of security committee:
H e n r y S. H a r r is ,
E dw ard M . Bre w e r ,
R o s w e l l S. B a r r o w s .
Regular meetings the first Thursday of each month.
Bala n c e Sh eet Oct.
A ss et s .
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
.
.
.
T ax title,
.
.
.
.
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
$406,200
38,200
3,266
589
108
16
14,846
.
00
00
90
57
18
62
85
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
Due on mortgage loans,
Advanced dues, .
.
$463,228 12
$377,577
71,080
3,900
8,605
39
1,514
510
00
51
00
81
82
98
00
$463,228 12
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure...................................
mortgage,
advanced dues,
due on mortgage loans,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$83,778
22,637
660
4
37,200
00
84
18
75
00
16,600
27,450
829
28
271
00
00
21
59
78
288
2,650
510
1,514
16,513
39
00
00
98
89
$210,937 61
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital matured,
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
tax title, .
.
.
.
Cash on hand Oct. 31, 1904,
$81,450
26,900
26,996
606
38,960
3,244
100
13,890
3,130
271
00
00
00
00
00
44
66
32
06
78
524 88
16 62
14,846 85
$210,937 61
No. 8.]
301
SAYINGS BANK COMMISSIONERS.
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
on
Rate.
$406,200 00
L o an s
R e a l E st a t e .
Amount.
Rate.
Amount.
-
-
$38,200 00
5 per cent.
on
Sh a k e s .
Rate.
5 per cent.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903.
1903,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
$195
184
173
163
153
143
134
125
116
107
99
90
83
75
67
60
52
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
49
57
92
58
61
88
42
23
32
62
18
99
01
19
57
11
80
67
68
86
18
67
30
08
Total
Value.
N ov.,
M ay,
N ov .,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
Nov ,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
Shares in
Force.
D a te of
I ssue .
Value per
Share.
Series.
Reconciliation o f Share Account with Dues and Profits Capital.
116
195
76
120
145
130
193
158
184
239
237
226
334
282
378
279
385
258
381
335
444
438
568
730
$22,676
35,991
13,217
19,629
22,273
18,704
25,943
19,786
21,402
25,721
23,505
20,563
27,725
21,203
25,541
16,770
20,328
11,782
14,737
10,673
11,179
8,177
6,986
4,438
84
15
92
60
45
40
06
34
88
18
66
74
34
58
46
69
00
86
08
10
92
46
40
40
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$377,577 00
71,080 51
1,555 00
1,252 00
$450,212 51
Total,
$450,212 51
Number of shares issued during the y e a r , ..................................................1,354
Number of shares now in f o r c e , ..................................................................... 6,831
Number of shares now borrowed u p o n ,........................................................... 2,958
Largest number of shares held by any one member,
.
.
.
.2 5
Number of shares withdrawn during the y e a r , ....................................... 763
Number of shares forfeited during the y e a r , ....................................................... 10
Number of shares matured during the y e a r ,..................................................... 264
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2\ per cent.
Number of members withdrawn during the y e a r ,....................................... 118
Present number of m e m b e r s ,.................................................................................. 825
Present number of b o r r o w e r s , ........................................................................ 284
Present number of non-borrowers,.........................................................................541
Number of loans secured by first mortgage of real estate, .
.
. 175
Number of loans on s h a r e s , .................................................................................. 109
Largest loan to any one m e m b e r ,...............................................................................f 5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
3,130 06
Date of examination by commissioner : January 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
302
REPORT OF THE
[Pub. Doc
W E S T S O M E R V IL LE C O -O P E R A T IV E B A N K — SOM ER
V IL L E .
Incorporated N ov. 29, 1890.
J. W
arren
Commenced business Dec. 11, 1890.
O l i v e r H . P e r r y , Secretary and Treasurer.
B a i l e y , President.
Names of 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 the third Monday of each month.
B alance
Sh e e t O c t .
A ssets.
Loans on real estate,
Loans on shares, .
Real estate by foreclosure,
Unpaid interest,
Unpaid fines, .
.
.
.
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
$283,000
16,684
.
8,749
1,096
146
.
9,683
00
00
08
98
60
15
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
$319,359 81
$271,098
43,737
1,227
40
118
1,161
1,941
35
00
53
77
12
90
31
18
00
$319,359 81
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
real estate by foreclosure, .
.
.
.
surplus,
temporary expenses, .
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu bse m en t s .
$71,197
14,858
2
545
2
41,250
11,940
650
00
84
70
83
50
00
00
10
3,340
3
19
3,714
75
45
18
45
$147,524 80
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on m a t u r e d
shares,
real estate by foreclosure, .
.
.
.
interest repaid,
profit and loss,
Cash on hand Oct. 31, 1904,.
$57,375
8,696
31,590
24,357
3,908
9,296
1,630
30
00
00
00
00
31
40
78
00
272 54
384
1
300
9,683
36
26
00
15
$147,524 80
No. 8.]
SAY IN G S BANK COMMISSIONERS.
303
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
$279,000 00
on
R e a l E st a t e .
L o an s
on
Sh a k e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
$4,000 00
6.00 per cent.
$16,684 00
5.00 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
$198
187
176
166
155
146
136
127
117
109
100
92
84
76
68
61
53
46
39
32
26
19
13
7
1
Dues paid in advance, .
Total,
82
58
69
16
94
02
35
01
91
08
54
21
12
24
55
07
76
62
66
84
17
66
30
08
00
Total
Value.
1892,
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a t e of
I ssue .
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.,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
66
63
55
44
93
42
111
125
51
144
208
150
127
279
199
335
367
341
321
615
415
512
566
495
202
$13,122
11,817
9,717
7,311
14,502
6,132
15,134
15,876
6,013
15,707
20,912
13,831
10,683
21,270
13,641
20,458
19,729
15,897
12,730
20,196
10,860
10,065
7,527
3,504
202
12
54
95
04
42
84
85
25
41
52
32
50
24
96
45
45
92
42
86
60
55
92
80
60
00
Dues capital as per general ledger,
Profits capital as per
general ledger, .
Unpaid dues,
$271,098 00
43,737 53
2,382 00
368 00
$317,217 53
Total,
$317,217 53
Number of shares issued during the y e a r , ....................................... 1,055
Number of shares now in f o r c e , ........................................................... 5,926
Number of shares now borrowed u p o n ,................................................. 2,044
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 917
Number of shares matured during the y e a r ,................................................. 168
Highest rate of premium or interest received on money sold during the yea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the year:
5 per cent.
Rate of profits distributed: first term, 2| per cent.; second term, 2^ per cent.
Number of members withdrawn during the y e a r ,........................................120
Present number of members.......................................................................................686
Present number of borrowers,...................................................................................187
Present number of non-borrow ers,........................................................................ 499
Number of loans secured by first mortgage of real estate,
.
.
. 139
Number of loans on s h a r e s , ...................................................................................130
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,...............................................................................
10 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,611 60
Date of examination by commissioner: January 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
REPORT OF THE
304
[Pub. Doc.
W E S T SP R IN G F IE L D C O -O P E R A T IV E B A N K — W E S T
S P R IN G F IE L D .
Incorporated April 8, 1897. Commenced business M ay 12, 1897.
F r e d H . S i b l e y , President.
J o h n C. W o r c e s t e r , Secretary.
H e n r y E . S chmtjck , Treasurer.
Names of security committee :
Ch arles A . E dgerton,
T alcott A . R
Ja m e s F . M c Ca r t h y .
o ge rs,
Regular meetings the second Wednesday of each month.
Balance
Sh eet O ct.
A ss et s .
31, 1904.
L ia b il it ie s .
Loans on real estate,
$110,350 00
Loans on shares, .
11,980 00
Permanent expense account,
226 02
Unpaid interest,
157 61
Unpaid fines, .
.
.
.
25 41
Cash in hands of treasurer, .
2,370 23
Dues capital,
Profits capital (all series),
Guaranty fund,
.
Surplus,
.
.
.
.
.
$125,109 27
$110,620
14,095
205
187
00
96
97
34
$125,109 27
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 31, 1904.
R e c e ip t s .
From dues capital,.
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
security committee,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$34,289
5,498
110
2
22,425
5,805
32
106
00
09
84
00
00
00
00
90
$68,268 83
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
permanent expenses,
interest repaid,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$46,100
8,710
9,741
1,027
269
8
41
2,370
00
00
00
83
68
44
65
23
$68,268 83
No. 8.]
SAVINGS BAN K COMMISSIONERS.
305
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
Amount.
$110,350 00
on
R e al E s t a t e .
L oans
on
Sh a r e s .
Rate.
Amount.
Rate.
Amount.
Rate.
5.00 per cent.
-
-
$11,980 00
5.00 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
$110
101
92
84
76
68
60
53
45
38
31
25
18
12
6
Dues paid in advance, .
Total,
13
33
68
29
14
23
57
12
89
83
96
24
69
31
08
Total
Value.
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
Shares in
Force.
Series.
D a te op
I ssue .
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
Value per
Share.
Reconciliation of Share Account with Dues and Profits Capital.
121
121
73
127
76
169
224
153
217
194
315
150
273
296
470
$13,325
12,260
6,765
10,704
5,786
11,530
13,567
8,127
9,958
7,533
10,067
3,786
5,102
3,643
2,857
73
93
64
83
64
87
68
36
13
02
40
00
37
76
60
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues,
14,095 96
437 00
135 00
$125,152 96
Total,
Number of shares issued during the y e a r , ................................................. 795
Number of shares now in f o r c e , ........................................................... 2,979
Number of shares now borrowed u p o n ,.......................................................... 998
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 286
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,....................................... 42
Present number of m e m b e rs,...................................................................................389
Present number of borrowers,.................................................................................. 130
Present number of non-borrowers,........................................................................ 259
Number of loans secured by first mortgage of real estate,
.
.
.
94
Number of loans on shares,
.................................................................................... 38
Largest loan to any one m e m b e r ,........................................................... .........
.
Smallest loan to any one m e m b e r,..............................................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
Date of examination by commissioner : March 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$110,620 00
$125,152 96
$3,600 00
25 00
293 65
306
REPORT OF THE
[Pub. Doc.
W H IT M A N C O -O P E R A T IV E B A N K — W H IT M A N .
Incorporated March 6, 1889.
J u l iu s C. G i l b e r t , President.
Commenced business March 11, 1889.
G e o r g e D . S o u l e , Secretary and Treasurer.
Names of security committee:
A
Colem an,
G eorge A . D o rr,
G eorge D . S o u le.
rthur
Regular meetings the second Monday of each month.
Balance Sheet Oct. 31, 1904.
A ssets.
L ia b il it ie s .
$128,500 00
Loans on real estate,
3,475 00
Loans on shares, .
Temporary expense account,.
97 16
5,628 76
Real estate by foreclosure,
Mortgages,
.
.
.
.
4,881 00
719 62
Unpaid interest,
50 46
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
38 60
26 20
Interest paid, .
.
.
.
Cash in hands of treasurer, .
4,373 10
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Fines, .
Transfer fees,
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Matured share account,
Due on mortgage loans,
.
$147,789 90
$120,680
18,375
1,380
85
55
160
755
3,600
107
288
2,300
00
68
77
10
32
50
72
43
34
29
75
00
$147,789 90
Detailed Statement o f Receipts and Disbursements for the Year endinq
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,.
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by maturity
of shares, .
share loans repaid,
withdrawal profits,
forfeiture profits, .
forfeited shares, .
real estate by foreclosure, .
.
.
.
matured share account,
due on mortgage loans,
mortgage,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isb u r se m e n t s .
$37,986
7,787
449
355
2
14,600
00
78
60
27
25
00
1,800 00
2,930 00
331 79
20
10 00
4,618
4,874
2,300
169
190
79
64
00
00
17
$78,405 49
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,
profits capital retired, .
profits capital m atured,.
temporary expenses,
forfeited shares,
interest on retired and
matured shares, .
real estate by foreclosure,
matured share account,.
mortgages,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
$33,050
3,365
12,644
10
7,399
3,456
1,326
2,708
1,418
586
10
00
00
00
00
00
00
72
80
17
64
38
00
154
428
4,874
2,600
4,373
85
19
64
00
10
$78,405 49
No. 8.]
SAVINGS BAN K COMMISSIONEBS.
307
Total Amount o f Loans at Specified Rates o f Interest.
L o an s
on
R e a l E st a t e .
L oans
on
Sh a k e s .
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$118,100 00
8,000 00
6.30 per cent.
6.60
$1,600 00
800 00
6.90 per cent.
7.20
«
$3,475 00
6.30 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$195
184
173
162
152
141
132
122
113
104
95
86
78
70
62
55
48
41
34
27
20
14
8
2
Dues paid in advance, .
Total,
71
26
18
42
00
85
02
47
20
20
48
98
73
73
96
43
12
01
10
36
77
36
10
00
Tota!
Value.
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Shares in
Force.
Series.
D a te of
I ssue .
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Mar.,
Sept.,
M ar.,
Sept.,
Mar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Value per
Share.
Reconciliation o f Share Account with Dues and Profits Capital.
12
5
34
32
33
45
39
19
62
50
31
53
97
67
201
198
268
227
190
266
339
288
424
466
$2,348
921
5,888
5,197
5,016
6,383
5,148
2,326
7,018
5,210
2,959
4,609
7,636
4,738
12,654
10,975
12,896
9,309
6.479
7,277
7,041
4,135
3,434
932
52
30
12
44
00
25
78
93
40
00
88
94
81
91
96
14
16
27
00
76
03
68
40
00
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
18,375 68
1,516 00
32 00
$140,571 68
Total,
Number of shares issued during the y e a r , ................................................. 946
Number of shares now in f o r c e , ...........................................................3,446
Number of shares now borrowed u p o n ,........................................................... 738
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 454
Number of shares forfeited during the y e a r ,................................................. 10
Number of shares retired during the y e a r , ................................................. 56
Number of shares matured during the y e a r , ................................................. 24
Highest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y ea r:
5 cents premium.
Rate of profits distributed: first term, 2J per cent.; second term, 3 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$120,680 00
$140,571 68
308
REPORT OF THE
[Pub. Doc.
Number of members withdrawn during the y e a r ,....................................... 84
Present number of m e m b e r s ,.................................................................................. 515
Present number of borrowers,...................................................................................133
Present number of non-borrow ers,........................................................................ 382
Number of loans secured by first mortgage of real estate,
.
.
. 138
Number of loans on shares........................................................................................... 24
Largest loan to any one m e m b e r ,...............................................................................$3,800 00
Smallest loan to any one m e m b e r ,...............................................................................
150 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
586 38
Date of examination by commissioner: March 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
309
W IN C H E N D O N C O -O P E R A T IV E B A E K -W I N C H E N D O I .
Incorporated Sept. 9, 1891.
Commenced business Sept. 16, 1891.
F r e d e r ic k W . R u s s e l l , President.
W
aldo
C. C o r e y , Secretary.
S i l a s A . G r e e n w o o d , Treasurer.
Names of security committee:
A m os S . L a m b ,
J ohn Sw e e tse r ,
C h a r le s T . Ste a r n s.
Regular meetings the third Wednesday of each month.
B a la n c e Sh e e t O ct.
A ss e t s .
31, 1904.
L i a b il it ie s .
Loans on real estate,
$114,320 00
Loans on shares, .
3,025 00
Temporary expense account,
16 35
Unpaid interest,
209 11
Unpaid fines, .
.
.
.
31 25
Cash in hands of treasurer, .
6,869 93
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
.
.
.
.
Surplus,
$124,471 64
$105,688
16,301
1,004
27
00
34
51
48
75
12 26
652 87
784 43
$124,471 64
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu rse m e n ts .
$31,478 00
5,839 65
144 47
9 9Ö
16,700
2,820
45
3,682
00
00
91
40
$60,712 68
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital matured, .
profits capital withdrawn,
profits capital m atured,.
temporary expenses,
Cash on hand Qct. 3 1 ,1 9 0 4 ,.
$30,450
2,625
14,471
2,736
2,091
1,118
350
6,869
00
00
00
00
83
07
85
93
$60,712 68
310
REPORT OF THE
[Pub. Doc.
Total Amount o f Loans at Specified Rates o f Interest.
L oans
Amount.
on
Rate.
$103,470 00
R eal E s t a t e .
L o an s
Amount.
5 per cent.
Shares.
Amount.
Rate.
$10,850 00
on
6 per cent.
$2,845 00
180 00
Rate.
5.00 per cent.
6.00
“
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
$192
181
170
160
149
140
130
121
111
103
94
86
78
70
62
55
47
40
34
27
20
14
8
2
Dues paid in advance, .
Total,
78
58
73
19
96
14
36
00
90
08
50
16
08
24
62
20
96
90
01
29
73
33
09
00
Total
Value.
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
Shares in
Force.
Date op
I ssue.
Value per
Share.
Series.
Reconciliation of Share Account with Dues and Profits Capital.
15
18
19
15
25
63
21
31
86
65
66
56
65
137
46
123
121
172
272
165
268
340
233
295
$2,891
3,268
3,243
2,402
3,749
8,828
2,737
3,751
9.623
6,700
6,237
4,824
5,075
9,622
2,880
6,789
5,803
7,034
9,250
4,502
5,555
4,872
1,884
590
70
44
87
85
00
82
56
00
40
20
00
96
20
88
52
60
16
80
72
85
64
20
97
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid d u e s ,.
16,301 34
362 00
230 00
$122,351 34
Total,
Number of shares issued during the year.......................................................... 595
Number of shares now in f o r c e , ........................................................... 2,717
Number of shares now borrowed u p o n ,...........................................................699
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 459
Number of shares matured during the y e a r , ................................................. 19
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Rate of profits distributed: first term, 2£ per cent.; second term, 2^ per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$105,688 00
$122,351 34
No. 8.]
SAYINGS BAN K COMMISSIONERS.
311
Number of members withdrawn during the y e a r , ....................................... 54
Present number of m e m b e r s ,.................................................................................. 398
Present number of borrowers,...................................................................................131
Present number of non-borrow ers,.........................................................................267
Number of loans secured by first mortgage of real estate,
.
.
. 136
Number of loans on s h a r e s , .................................................................................... 31
Largest loan to any one m e m b e r ,.............................................................................. f 5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
5 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
350 85
Date of examination by commissioner : October 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
312
REPORT OF THE
[Pub. Doc.
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 .
Incorporated Nov. 13, 1893.
H o w a r d D . N a s h , President.
Commenced business Nov. 13, 1893.
T h o m a s S. S p u r r , Secretary and Treasurer.
Names of security committee :
G eorge A . F e r n a ld ,
T h e o d o r e C. H u r d ,
N athan H . T a y l o r .
Regular meetings the first Monday of each month.
B a l a n c e Sh e e t O c t .
A ssets .
Loans on real estate,
Loans on shares, .
.
Cash in hands of treasurer,
31, 1904.
L ia b il it ie s .
.
.
$179,675 00
6,325 00
10,149 42
Dues capital,
Profits capital (all series),
Guaranty fund, .
Surplus,
.
.
.
.
Due on mortgage loans,
.
$196,149 42
$165,949
26,571
750
2,392
486
00
80
00
12
50
$196,149 42
Detailed Statement of Receipts and Disbursements for the Year endina
Oct. 3 1 ,1 9 0 4 .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
share loans repaid,
withdrawal profits,
town notes, .
due on mortgage loans,
collateral loan,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu r se m e n t s .
$46,333 00
10,243 11
274 26
25
24,800 00
6,000 00
295 78
10.000 00
486 50
5,000 00
4,702 44
$108,135 34
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired.
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
temporary expenses,
forfeited shares,
collateral loan,
due on mortgage lo a n s ,.
Cash on hand Oct. 31, 1904,
\
$40,150
4,875
24,088
235
12,002
3,009
40
3,441
804
39
5,000
4,300
10,149
00
00
00
00
00
72
15
97
78
30
00
00
42
$108,135 34
No. 8 .]
S A Y IN G S B A N K
313
COM M ISSIONERS.
Total Amount of Loans at Specified Rates of Interest.
L o an s
A m ou n t.
$126,925 00
18,950 00
6,800 00
on
R e a l E st a t e .
L o an s
R a te.
A m o u n t.
R a te.
5.30 per cent.
H
5.60
«
$26,500 00
500 00
6.00 per cent.
6.30
on
Sh a k e s .
A m ou n t.
$3,850 00
175 00
2,300 00
R a te.
5.30 per cent.
54
6.00
“
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
$177
166
156
146
136
127
117
108
100
91
83
75
68
60
53
45
38
32
25
18
12
6
Dues paid in advance, .
Total,
34
69
35
32
57
11
91
98
30
92
76
82
05
47
09
88
87
01
27
72
33
09
T o ta l
V a lu e .
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
S h a r e s in
F orce.
S e r ie s .
D a te of
I ssu e .
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M av,
N ov.,
M ay,
N ov.,
M ay,
N ov.,
M ay,
N ov .,
M ay,
N ov.,
M ay,
V a lu e p e r
S h are.
Reconciliation of Share Account with Dues and Profits Capital.
33
30
25
61
101
107
71
115
113
54
113
98
124
216
162
299
291
364
367
261
430
400
$5,852
5,000
3,908
8,925
13,793
13,600
8.371
12,532
11,333
4,963
9,464
7,430
8,438
13,061
8,600
13,718
11,311
11,651
9,274
4,885
5,301
2,436
•
22
70
75
52
57
77
61
70
90
68
88
36
20
52
58
12
17
64
09
92
90
00
Dues capital, as per general ledger,.
Profits capital, as per
general ledger, .
Unpaid dues, .
.
«
$165,949 00
26,571 80
1,505 00
168 00
• $194,025 80
Total,
$194,025 80
Number of shares issued during the y e a r , ................................................. 879
Number of shares now in f o r c e , ........................................................... 3,835
Number of shares now borrowed u p o n ,................................................. 1,155
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the y e a r , ........................................612
Number of shares forfeited during the y e a r ,................................................. 5
Number of shares retired during the y e a r , ................................................. 106
Highest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5.30 per cent.
Rate of profits distributed: first term, 2^ per cen t.: second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................58
Present number of m e m b e r s ,.................................................................................. 404
Present number of borrowers,.................................................................................. 110
Present number of non-borrow ers,........................................................................ 294
Number of loans secured by first mortgage of real estate,
.
.
.101
Number of loans on shares,
.
.
.
"
....................................................... 23
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
25 00
Amount of expenses of the corporation for the year ending Oct. 31,1904, .
804 78
Date of examination by commissioner : December 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
314
R E P O R T OF TH E
[Pub. D oc
W O B U R N C O -O P E R A T IV E B A N K — W O B U R N .
Incorporated Feb. 21, 1887.
Commenced business March 10, 1887.
J o h n C. B u c k , Secretary and Treasurer.
J a m e s S k i n n e r , President.
Names of security committee:
John K . M urdock,
L aw rence R eade,
J. H . P a r k e r ,
F . W . Greydon,
F r e d J. B r o w n .
Regular meetings the second Thursday of each month.
B a l a n c e S h e e t O c t . 3 1 , 1904.
L ia b il it ie s .
A ss et s .
$266,775 00
Loans on real estate,
Loans on shares, .
5,505 00
Permanent expense account,
100 00
Temporary expense account,.
75 94
Real estate by foreclosure,
.
3,717 85
3,050 00
Mortgages,
.
.
.
.
Unpaid interest,
850 16
43 95
Unpaid prem ium s,.
Unpaid fines, .
.
.
.
117 74
Personal accounts,.
40 07
Insurance,
.
.
.
.
18 25
Taxes,
•
.
.
.
.
118 26
Cash in hands of treasurer, .
8,496 45
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
Premiums, .
.
.
.
F i n e s , .......................................
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$288,908 67
$232,225
48,130
1,211
60
51
1
364
4,382
2,474
7
00
06
63
45
84
25
33
11
84
16
$288,908 67
Detailed Statement of Receipts and Disbursements for the Year endinq
Oct. 31,1904.
N
R e c e ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
insurance,
.
taxes, .
.
.
.
temporary expenses, .
mortgage,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
D isbu h sem e nts .
$57,238
16,703
863
761
3
36,700
00
11
25
88
75
00
6,050
7,855
956
10
00
00
74
12
10,540
15
236
140
1,400
7,147
40
00
04
22
00
46
$146,620 97
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
profits capital withdrawn,
profits capital forfeited,.
profits capital retired. .
temporary expenses,
interest on retired shares,
real estate by foreclosure,
taxes,
.
.
.
.
insurance,
surplus, .
.
.
.
profit and loss,
Cash on hand Oct. 31, 1904,
$55,040
7,375
25,548
371
25,821
3,830
40
9,695
1,196
491
6,809
231
33
1,544
96
8,496
00
00
00
00
00
00
46
59
27
52
53
71
25
47
72
45
$146,620 97
No. 8 .]
SA Y IN G S
315
B A N K COM M ISSIONERS
Total Amount of Loans at Specified Rates of Interest.
L o an s
on
A m ou n t.
R a te.
$263,175 00
1,600 00
6.30 per cent.
6.60
“
R eal E sta te .
L oans
A m ou n t.
R a te.
$2,000 00
on
Sh ar es .
A m ou n t.
6.90 per cent.
$5,505 00
R a te.
6.30 per cent.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
$194
182
171
161
150
140
130
121
111
102
94
85
77
69
62
54
47
40
33
26
19
13
7
1
Dues paid in advance, .
Total,
68
96
87
04
56
42
60
08
87
93
27
86
67
73
02
53
22
09
14
36
76
34
09
00
T o ta l
V a lu e .
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
S h a r e s in
F orce.
S e rie s .
D a t e of
I ssue .
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
A pr.,
Oct.,
V a lu e p e r
S h are.
Reconciliation of Share Account with Dues and Profits Capital.
109
72
147
110
128
13
16
120
92
102
172
353
110
128
158
163
458
163
320
250
425
347
593
431
$21,220
13,173
25,264
17,714
19,271
1,825
2,089
14,529
10,292
10,498
16,214
30,308
8,543
8,925
9,799
8,888
21,626
6,534
10,604
6,590
8,398
4,628
4,204
431
12
12
89
40
68
46
60
60
04
86
44
58
70
44
16
39
76
67
80
00
00
98
37
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
320 00
$281,898 06
$232,225 00
48,130 06
1,543 00
•
Total,
Number of shares issued during the y e a r , ....................................... 1,206
Number of shares now in f o r c e , ........................................................... 4,980
Number of shares now borrowed u p o n ,................................................. 1,530
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 598
Number of shares forfeited during the y e a r ,................................................. 32
Number of shares retired during the y e a r , ................................................. 202
Highest rate of premium or interest received on money sold during the y e a r:
5 cents premium.
Lowest rate of premium or interest received on money sold during the y e a r.
5 cents premium.
Rate of profits distributed: first term, 2| per cent.; second term, 2® per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$281,898 06
316
R E P O R T OF T H E
[Pub. D oc.
Number of members withdrawn during the y e a r ,........................................83
Present number of m e m b e r s ,...................................................................................700
Present number of borrowers,...................................................................................237
Present number of non-borrowers,.........................................................................463
Number of loans secured by first mortgage of real estate,
.
.
. 250
Number of loans on s h a r e s , .....................................................................................21
Largest loan to any one m e m b e r ,...............................................................................$4,000 00
Smallest loan to any one member..................................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,206 05
Date of examination by commissioner : February 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8.]
317
S A Y IN G S B A N K C O M M IS S IO N E D .
W O L L A S T O N C O -O P E R A T IV E B A N K — Q U IN C Y (W O L
L A STO N ).
Incorporated April 8, 1889.
H erbert T. W
h it m a n ,
President.
Commenced business April 16, 1889.
H e r b e r t W . P in k h a m , Secretary and Treasurer.
Names of security committee:
H e r b e r t T . W h it m a n ,
A l b e r t G. O l n e y ,
Ch arles A . M acfarlan d .
Regular meetings the third Tuesday of each month.
B a l a n c e S h e e t O c t . 31 , 1904.
L ia b il it ie s .
A ss et s .
$293,100 00
Loans on real estate,
20,415 00
Loans on shares, . » .
225 00
Permanent expense account,
15,038 90
Real estate by foreclosure, .
78 79
Unpaid fines, .
.
.
.
2,739 65
Cash in hands of treasurer, .
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Premiums, .
.
.
.
Transfer fees,
Withdrawal profits,
Guaranty fund, .
Surplus,
.
.
.
.
.
$279,389
47,411
358
3
1
182
2.625
1.626
00
43
88
35
00
05
00
63
$331,597 34
$331,597 34
Detailed Statement of Receipts and Disbursements fo r the Year ending
Oct. 31, 1904.
D isbu rse m e n ts .
R e ce ip t s .
From dues capital,
interest,
premiums, .
fines,
.
.
.
.
transfer fees,
real estate loans repaid,
real estate loans eliminated by foreclosure,
real estate loans eliminated by maturity of
shares,
share loans repaid,
withdrawal profits,
forfeiture profits, .
real estate by foreclosure, .
.
.
.
retired share account, .
matured share account,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$78,353
16,489
256
613
5
34,325
00
93
76
91
00
00
2,600 00
4,200
12,950
736
4
00
00
10
29
8,958
8,688
13,037
2,720
69
43
05
72
$183,938 88
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited,.
profits capital retired, .
profits capital matured, .
temporary expenses,
permanent expenses,
interest on retired and
•matured shares, .
real estate by foreclosure,
retired share account, .
matured share account,.
Cash on hand Oct. 31,1904, .
$82,150
17,345
23,017
195
7,805
12,722
2,951
17
2,672
5,323
1,700
80
00
00
00
00
00
00
66
42
50
62
75
45
257
3,235
8,688
13,037
2,739
68
67
43
05
65
$183,938 88
R E P O R T OF T H E
318
[Pub. D oc
Total Amount of Loans at Specified Rates of Interest.
L oans
on
$237,925 00
50,625 00
3,000 00
5k pet' cent.
6?30
“
6.60
“
$1,200 00
350 00
on
Sh a r e s .
R a te.
A m ou n t.
H a te.
6.90 per cent.
7.50
“
$19,965 00
450 00
5.50 per cent.
6.30
“
A m ou n t.
R a te.
A m ou n t.
L o an s
Real E sta te .
1893,
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
$196
185
173
162
152
141
131
122
112
103
94
86 20
77
69
62
54
47
40
33
26
19
13
7
91
88
09
51
19
02
08
33
75
34
09
1 00
Dues paid in advance, .
Total,
81
04
69
69
06
76
77
09
69
60
78
T ota l
V a lu e .
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr ,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
A pr.,
Oct.,
S h a r e s in
F orce.
D a t e of
I ss u e .
V a lu e p e r
S h a re .
S e r ie s .
Reconciliation of Share Account with Dues and Profits Capital.
47
26
43
52
76
55
96
103
229
145
193
234
337
245
276
405
324
525
483
531
543
658
859
551
$9,250
4,811
7,468
8,459
11,556
7,796
12,649
12.575
25,806
15,022
18,292
20,170
26,255
17,120
17,136
22,076
15,289
21,010
15,977
13,981
10,724
8,777
6,090
551
07
04
67
88
56
80
92
27
01
00
54
80
67
60
84
55
56
50
64
23
25
72
31
00
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
47,411 43
2,470 00
•
419 00
$329,270 43
Total,
Number of shares issued during the y e a r , ....................................... 1,734
Number of shares now in f o r c e , ........................................................... 7,036
Number of shares now borrowed u p o n ,................................................. 1,985
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ........................................818
Number of shares forfeited during the y e a r ,................................................. 13
Number of shares retired during the y e a r , ................................................. 65
Number of shares matured during the y e a r ,................................................. 90
Highest rate of premium or interest received on money sold during the y e a r:
5^ per cent.
Lowest rate of premium or interest received on money sold during the y ea r:
5^ per cent.
Rate of profits distributed: first term, 2 f per cent.; second term, 2 f per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$279,389 00
$329,270 43
No. 8 .]
S A Y IN G S B A N K CO M M ISSIO N ERS.
Number of members withdrawn during the year, .
.
.
.
Present number of m e m b e r s ,.....................................................................
Present number of borrowers,....................................................................
Present number of non-borrowers,.................................................
Number of loans secured by first mortgage of real estate,
.
.
.
.
.
.
.
110
786
214
572
204
99
Number of loans on s h a r e s , ...........................................................
Largest loan to any one m e m b e r ,...........................................................
Smallest loan to any one m e m b e r ,...........................................................
Amount of expenses of the corporation for the year ending Oct. 31, 1904,
Date of examination by commissioner : January 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
319
.
$4,600 00
10 00
1,756 20
[Pub. D oc.
R E P O R T OF T H E
320
«
W O R C E S T E R C O -O P E R A T IV E B A N K — W O R C E ST E R .
Incorporated Oct. 19, 1877.
Commenced business Oct. 19, 1877.
S t e p h e n C . E a r l e , President.
T . J. H a s t in g s , Secretary and Treasurer.
Names of security committee :
H e n ry B rannon,
H . H . B ig e l o w .
M . S. B e a m a n ,
Regular meetings the third Monday of each month.
B alance
Sh e e t O c t . 3 1 , 1904.
L ia b il it ie s .
A ss e t s .
$443,230 00
Loans on real estate,
10,060 00
Loans on shares, .
352 77
Temporary expense account,.
5,564 86
Real estate by foreclosure,
.
2,769 82
Unpaid interest,
Cash in hands of treasurer, .
19,315 10
Dues capital,
Profits capital (all series), .
Interest,
.
.
.
.
F i n e s , .......................................
Guaranty fund, .
Surplus,
.
.
.
.
Forfeited share account,
$403,451
66,465
2,280
60
4,024
4,275
735
00
06
82
87
09
23
48
$481,292 55
$481,292 55
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31,1904.
D isbu rse m e n t s .
R e c e ip t s .
$118,436 00
From dues capital,
interest,
25,436 22
774 62
fines.....................................
transfer fees,
18 00
real estate loans repaid,
92,260 00
real estate loans eliminated by maturity of
2,650 00
shares,
8,160 00
share loans repaid,
withdrawal profits,
615 03
13 08
forfeiture profits, .
839 21
forfeited shares, .
real estate by foreclosure, .
.
.
.
4,146 93
rent account,
481 73
temporary expense,
57 75
Cash on hand Oct. 31, 1903, .
1,686 65
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$255,575 22
For real estate loans, .
share loans, .
dues capital withdrawn,
dues capital forfeited, .
dues capital retired,
dues capital matured, .
profits capital withdrawn,
profits capital forfeited, .
profits capital retired, .
profits capital matured,
temporary expenses,
forfeited shares,
guaranty fund,
Cash on hand Oct. 31,1904, .
$151,800
6,280
40,397
688
10,799
7,718
6,358
164
4,011
3,416
1,986
1,086
1,555
19,315
00
00
00
00
00
00
21
29
30
00
14
27
91
10
$255,575 22
No. 8.]
S A Y IN G S B A N K
321
CO M M ISSIONEES.
Total Amount of Loans at Specified Bates of Interest.
L oans
A m ou n t.
$1,600
420,280
7,750
6,300
on
R a te.
00
00
00
00
L o an s
R eal E sta te .
R a te .
A m ou n t.
5 per cent.
6
64
6i
“
$1,400 00
1,900 00
4,000 00
on
Sh a k e s .
R a te.
A m ou n t.
6| per cent.
6*
“
7
“
$9,530
380
100
50
00
00
00
00
6 per cent.
64
»
6&
“
6*
“
1893,
1894,
1894,
1895,
1895,
1896,
1896,
1897,
1897,
1898,
1898,
1899,
1899,
1900,
1900,
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
$188
176
165
154
144
134
124
114
105
96
87
79
71
63
55
47
40
33
26
19
13
7
1
20
71
57
82
35
19
35
76
48
46
72
23
00
01
27
76
47
39
52
85
38
10
00
T o ta l
V a lu e .
S h a r e s in
F orce.
S e r ie s .
D a te of
Issue.
Oct.,
A pr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
Apr.,
Oct.,
V a lu e p e r
S h a re .
Reconciliation of Share Account with Dues and Profits Capital.
69
56
14
35
27
4
94
181
356
367
352
538
609
635
662
460
741
818
661
1,087
964
1,063
652
$12,985
9,895
2,317
5,418
3,897
536
11,688
20,771
37,550
35,400
30,877
42,625
43,239
40,011
36,588
21,969
29,988
27,313
17,529
21,576
12,898
7,547
652
Dues capital, as per general ledger,
Profits capital, as per
general ledger, .
Unpaid dues,
$473,657 06
Total,
Number of shares issued during the y e a r , ....................................... 2,039
Number of shares now in f o r c e , ........................................................... 10,445
Number of shares now borrowed u p o n ,................................................. 2,669
Largest number of shares held by any one member,
.
.
.2 5
Number of shares withdrawn during the year,
.
.
.
.
1,189
Number of shares forfeited during the year.....................................................10
Number of shares retired during the y e a r , ................................................. 90
Number of shares matured during the y e a r ,................................................. 56
Highest rate of premium or interest received on money sold during the y ea r:
6J per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
6 per cent.
Rate of profits distributed : first term,
cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$403,451 00
66,465 06
3,741 00
375 00
Dues paid in advance, .
Total,
80
76
98
70
45
76
90
56
88
82
44
74
00
35
74
60
27
02
72
95
32
30
00
per cent.; second term, 3^g- per
$473,657 06
322
E E P O E T OF T H E
[Pub. D oc.
Number of members withdrawn during the y e a r ,....................................... 139
Present number of m e m b e r s ,............................................................................... 1,121
Present number of b o r r o w e r s , ........................................................................ 240
Present number of non-borrowers,................................................
881
Number of loans secured by first mortgage of real estate,
.
.
. 253
Number of loans on s h a r e s , .................................................................................... 62
Largest loan to any one m e m b e r ,.............................................................................. $5,000 00
Smallest loan to any one m em b e r,..............................................................................
50 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
1,928 39
Date of examination by commissioner : March 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
S A Y IN G S
BANK C O M M ISSIO N E RS.
323
W O R K IN G M E N ’S C O -O P E R A TIV E B A N K — BOSTON.
Incorporated June 9, 1880.
J a m e s D . M cL e l l a n , President.
Commenced business June 11, 1880.
F r a n k E . B u r b a n k , Secretary and Treasurer.
Names of security committee:
H enry A. R
oot ,
C a l v i n M . N ic h o l s ,
R o b e r t J. R o d d a y .
Regular meetings the second Friday of each month.
B a l a n c e Sh e e t O c t . 31, 1904.
A ss et s .
L ia b il it ie s .
$1,320,904 00
Loans on real estate, .
49,550 00
Loans on shares, .
Temporary expense account,
1,325 49
29,519 29
Real estate by foreclosure, .
Mortgages...................................
6,035 17
192 50
Insurance, .
.
.
.
1,638 14
Office furniture, .
Unsettled claims, .
443 37
Cash in hands of treasurer, .
10,436 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,420,043 96
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Fines, .
.
.
.
Guaranty fund,
Surplus,
.
.
.
.
Forfeited share account,
Unsettled claim, .
Security committee,
Personal account,
.
$1,201,996
189,083
8,174
162
12,152
7,744
308
73
89
259
00
32
51
09
00
76
72
63
50
43
$1,420,043 96
[Pub. D oc
R E P O R T OF T H E
324
Detailed Statement of Receipts and Disbursements for the Year ending
Oct. 31, 1904.
D isbu rse m e n ts .
R e c e ip t s .
$350,111 00
From dues capital,
70,286 65
interest,
2,791 13
fines,
.
.
.
.
196,890 00
real estate loans repaid,
real estate loans elimi
8,000 00
nated by foreclosure,
real estate loans elimi
nated by maturity of
18,200 00
shares,
51,900 00
share loans repaid,
3 32
profits capital,
246 50
forfeited shares, .
temporary expense,
27 00
real estate by foreclos
17,684 65
ure, .
.
.
.
5,108 97
personal accounts,
733 43
unsettled claims, .
48,123 30
matured share account,
693 57
surplus,
170 98
office furniture, .
431 04
insurance,
520 12
mortgages, .
469 50
security committee,
15,000 00
town note,
3,453 65
Cash on hand Oct. 31, 1903, .
$790,847 81
$356,417 00
For real estate loans, .
36,750 00
share loans, .
205,844 00
dues capital withdrawn,
919 00
dues capital forfeited, .
49,168 00
dues capital matured, .
31,950 63
profits capital withdrawn,
78 82
profits capital forfeited,.
profits capital m atured,.
19,357 52
7,085 97
temporary expenses,
807 50
security committee,
602 55
forfeited shares,
interest on m a t u r e d
202 64
shares,
51 61
interest, .
.
.
.
11,751 96
real estate by foreclosure,
22 56
unsettled claims, .
5,009 26
personal accounts,
448
33
interest on town note, .
48,715 62
matured share account,
4,420 19
mortgages,
197 30
office furniture,
313 85
surplus, .
.
.
.
5 00
fines,
.
.
.
.
292 50
insurance,
Cash on hand Oct. 3 1 ,1 9 0 4 ,.
10,436 00
$790,847 81
•
Total Amount of Loans at Specified Rates of Interest.
L oans
A m o u n t.
$1,252,554 00
27,450 00
12,950 00
on
R e al E st a t e .
R a te.
5.00 per cent.
5.25
»
5.50
«
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A m ou n t.
$650 00
23,800 00
3,500 00
L oans
on
Sh a k e s .
R a te .
A m ou n t.
R a te.
5.75 per cent.
6.00
«
6.25
$49,350 00
200 00
5.00 per cent.
5.75
N o. 8 .]
325
S A Y IN G S B A N K CO M M ISSIO N E RS
.
.
.
.
.
.
.
•
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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
63
64
65
66
67
68
69
70
71
72
73
74
$196
190
185
179
174
168
163
158
153
148
143
138
133
129
124
119
115
110
106
102
97
93
89
85
81
77
73
69
66
62
58
54
51
47
44
40
37
33
30
27
23
20
1?
14
11
8
5
2
Dues paid in advance, .
Total,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
64
89
29
73
28
97
67
47
38
39
43
54
76
02
38
78
30
85
48
18
97
80
68
62
60
64
70
85
05
30
59
92
30
72
19
70
25
85
49
17
89
66
46
30
17
08
02
00
T ota l
V a lu e .
1892,
1893,
1893,
1893,
1893,
1894,
1894,
1894,
1894,
1895,
1895,
1895,
1895,
1896,
1896,
1896,
1896,
1897,
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,
S h a r e s in
F orce.
S e r ie s .
D a te of
I ssu e .
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
Mar ,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
Dec.,
M ar.,
June,
Sept.,
V a lu e p e r
S h a re.
Reconciliation of Share Account with Dues and Profits Capital.
93
141
131
74
89
171
184
144
237
285
227
263
186
284
259
245
279
471
229
215
358
162
354
412
367
386
405
474
457
734
516
630
659
878
529
872
1,143
1,036
821
1,414
1,267
1,367
1,265
1,564
1,987
2,197
1,722
2,151
$18,287
26,915
24,272
13,300
15,510
28,893
30,115
22,819
36,351
42,291
32,558
36,436
24,879
36,641
32,214
29,346
32,168
52,210
24,383
21,968
35,073
15,195
31,746
35,275
29,947
29,969
29,848
33,108
30,184
45,728
30,232
34,599
33,806
41,898
23,376
35,490
42,576
35,068
25,032
38,418
30,268
28,242
22,086
22,365
22,194
17,751
8,644
4,302
52
49
99
02
92
87
28
68
06
15
61
02
36
68
42
10
70
35
92
70
26
60
72
44
20
04
50
90
85
20
44
60
70
16
51
40
75
60
29
38
63
22
90
20
79
76
44
00
Dues capital, as per general ledger,.
$1,201,996 00
Profits capital, as per
189,083 32
general ledger, .
Unpaid d u e s ,.
7,893 00
.
4,973 00
$1,398,972 32
Total,
$1,398,972 32
326
REPORT OF THE
[Pub. D oc.
Number of shares issued during the y e a r , ..................................................9,065
Number of shares now in f o r c e , ...........................................................
30,334
Number of shares now borrowed u p o n ,........................................................... 8,316
Largest number of shares held by any one member..................................... 25
Number of shares withdrawn during the year,
.
.
.
.
6,182
Number of shares forfeited during the y e a r , ....................................................... 90
Number of shares matured during the y e a r , ..................................................... 342
Highest rate of premium or interest received on money sold during the y ea r:
5 per cent.
Lowest rate of premium or interest received on money sold during the y e a r:
5 per cent.
Rate of profits distributed : first term, 2^ per cent.; second term, 2-t per cent.
Number of members withdrawn during the y e a r ,........................................530
Present number of members....................................................................................3,306
Present number of borrow ers,.................................................................................. 731
Present number of non-borrow ers,..................................................................... 2,575
Number of loans secured by first mortgage of real estate,
.
.
. 674
Number of loans on s h a r e s , ...................................................................................189
Largest loan to any one m e m b e r ,...............................................................................$5,000 00
Smallest loan to any one m e m b e r ,..............................................................................
50 00
Amount of expenses of the corporation for the year ending Oct. 31, 1904, .
7,058 97
Date of examination by commissioner : September 2.
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Federal Reserve Bank of St. Louis
No. 8 .]
327
SA V IN G S B A N K CO M M ISSIONERS.
W R E N T H A M C O -O P E R A T IV E B A N K — W R E N T H A M .
Incorporated Feb. 26, 1901.
E l b r id g e J. W
h it a k e r ,
President.
Commenced business March 13, 1901.
J a m e s E . C a r p e n t e r , Secretary and Treasurer.
Names of security committee:
H ir a m A . C o w e l l ,
A rtem as W
il l a r d ,
L e w is F . P e r r y .
Regular meetings the second Wednesday of each month.
B a l a n c e S h e e t O c t . 31 , 1904.
L i a b il it ie s .
A sset s .
Loans on real estate,
Loans on shares, .
Permanent expense account,
Temporary expense account,
Town note,
.
.
.
.
Cash in hands of treasurer, .
$5,712 72
470 00
60 97
55
4,000 00
1,753 27
Dues capital,
Profits capital (all series),
Interest,
.
.
.
.
Fines, .
.
.
.
.
Withdrawal profits,
Guaranty fund,
Surplus,
.
.
.
.
.
$11,119
739
49
2
4
11
70
00
41
52
59
60
62
77
$11,997 51
$11,997 51
Detailed Statement o f Receipts and Disbursements fo r the Year ending
Oct. 31,1904.
D isbu r se m e n t s .
R e c e ip t s .
From dues capital,
interest,
fines,
.
.
.
.
real estate loans repaid,
share loans repaid,
withdrawal profits,
Cash on hand Oct. 31, 1903, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,810
442
18
3,708
120
10
703
00
35
60
28
00
34
91
$9,813 48
For real estate loans, .
share loans, .
dues capital withdrawn,
profits capital withdrawn,
temporary expenses,
town note,
Cash on hand Oct. 31, 1904,
$2,700
295
1,017
47
00
00
00
66
55
4,000 00
1,753 27
$9,813 48
328
REPORT
OF THE
[Pub. D oc.
Total Amount of Loans at Specified Rates o f Interest.
L oans
A m ou n t.
$5,712 72
on
Re a l E s t a t e .
L o an s
R a te.
A m ou n t.
R a te .
6.00 per cent.
-
-
on
A m ou n t.
$470 00
Sh a k e s .
R a te.
6.00 per cent.
1901,
1901,
1902,
1902,
1903,
1903,
1904,
1904,
Total,
.
.
.
.
.
.
.
.
1
2
3
4
5
6
7
8
.
$47
40
33
27
20
14
8
2
.
.
67
78
96
25
70
31
08
00
128
38
25
56
23
85
32
58
T ota l
V a lu e .
S h a r e s in
F orce.
S e rie s .
D a t e of
I ssue .
M ar.,
Sept.,
Mar.,
Sept.,
M ar.,
Sept.,
M ar.,
Sept.,
V a lu e p e r
S h a re.
Reconciliation of Share Account with Dues and Profits Capital.
$6,101
1,549
849
1,526
476
1,216
258
116
•
76
64
00
00
10
35
56
00
$12,093 41
Dues capital, as per general ledger, .
Profits capital, as per
general ledger, .
Unpaid dues, .
Total,
$11,119 00
739 41
235 00
$12,093 41
Number of shares issued during the y e a r , ................................................. 113
Number of shares now in f o r c e , .....................................................................445
Number of shares now borrowed u p o n ,........................................................... 48
Largest number of shares held by any one member,
.
.
.
.
25
Number of shares withdrawn during the y e a r , ....................................... 60
Highest rate of premium or interest received on money sold during the year,
6 per cent.
Lowest rate of premium or interest received on money sold during the year,
6 per cent.
Kate of profits distributed: first term, 2£ per cent.; second term, 2£ per cent.
Number of members withdrawn during the y e a r ,........................................10
Present number of m e m b e r s ,..................................................................................... 83
Present number of borrowers,..................................................................................... 10
Present number of non-borrow ers,........................................................................... 73
Number of loans secured by first mortgage of real estate,
.
.
.
11
Number of loans on s h a r e s , ....................................................................................... 2
Largest loan to any one m e m b e r ,...............................................................................$1,450 00
Smallest loan to any one m e m b e r ,...............................................................................
30 00
Am ount of expenses of the corporation for the year ending Oct. 31, 1904, .
7 13
Date of examination by commissioner : September 16.
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Federal Reserve Bank of St. Louis
N o. 8 .J
S A V IN G S B A N K CO M M ISSIO N ERS.
329
CONSOLIDATED BALANCE SHEET,
Oct.
31, 1904.
A sset s .
L ia b il it ie s .
Loans on real estate,
Loans on shares,
$31,580,139 76
.
1,554,301 37
Permanent expense account,
Dues capital,
$29,750,625 00
Profits c a p i t a l
series),
( al l
4,915,582 29
12,879 94
Interest,
Temporary expense account,
190,311 99
18,187 60
Premiums,
Real estate by foreclosure,
.
Fines, .
Mortgages,
.
2,547 60
730,486 12
.
.
.
.
398,298 50
Unpaid dues , .
.
.
.
28,559 00
.
.
.
6,864 99
Transfer fees,
54 00
Withdrawal profits,
Unpaid interest,
.
114,266 26
Forfeiture profits,
Unpaid premiums,
.
.
.
Personal accounts,
Sundry assets,
.......................................
373,996 34
9,618 31
Guaranty fund,
Notes and bonds of cities and
towns,
.
.
.
.
Cash,
127 50
1,587 76
Surplus,
Unpaid fines, .
9,070 06
214,921 88
.
Forfeited share account,
276,411 10
14,743 36
15,146 91
Advance payments,
13,071 84
Matured share account,
41,760 01
922,582 59
Retired share account,
809 41
Due on mortgage loans,
16,460 01
$35,614,047 84
2,083 49
Personal accounts,
4,161 65
Sundry liabilities,
8,439 04
$35,614,047 84
Number of shares issued during the y e a r , .............................
167,492
Number of shares now in f o r c e , ................................................
693,315
Number of shares now borrowed u p o n ,......................................
208,782
Number of shares withdrawn during the year,.
.
.
.
112,025
Number of shares forfeited during the y e a r ,..................................2,280
Number of shares retired during the year..........................................8,051
Number of shares matured during the y e a r ,.................................. 7,873
Number of members withdrawn during the year,.
.
.
.
13,239
Present number of m e m b e r s ,..........................................................
88,692
Present number of borrowers,..........................................................
25,278
Present number of non-borrowers,.....................................................63,414
Number of loans secured by first mortgage of real estate,
.
.
22,229
Number of loans on shares...................................................................... 7,708
Expenses for the year ending Oct. 31, 1 9 0 4 , ........................................................... $165,241 06
Amount of profits credited to shares during the y e a r , ....................................... 1,576,108 28
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Federal Reserve Bank of St. Louis
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Federal Reserve Bank of St. Louis
STATEMENTS
OF
Collateral Loan A ssociations.
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Federal Reserve Bank of St. Louis
REPORT OF THE
332
[Pub. Doc
C O L L A T E R A L L O A N CO M PAN Y — BOSTON.
Incorporated April 5, 1859.
F r a n c is D . C o b b , President.
L u t h e r S. M o o r e , Cashier.
Directors:
F r a n c is D . C o b b ,
J oh n 0 . S h a w ,
John P. L y m a n ,
L aw rence T ucker,
L u t h e r S. M o o r e .
G e o r g e R . J e w e t t , Director f o r State.
R o b e r t F . C l a r k , Director f o r City o f Boston.
B a la n c e Sh e e t Oc t .
31, 1904.
A ss e t s .
L ia b il it ie s .
Loans outstanding,
$888,237 22
Cash on hand,
14,877 00
Expense,
.
.
.
.
27,974 63
General interest,
4,093 85
City of Boston, M ass., bonds,*
17.000 00
Massachusetts bonds,* .
24.000 00
Boston & Maine R .R . bonds,*
4,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Capital stock,
Reserve fund,
Notes payable,
Auction reserve, .
Interest,
Unpaid dividends,
Profit and loss,
State tax,
$980,182 70
* Investment of insurance fund.
$400,000
273,155
146,000
7,299
86,210
120
58,267
9,130
00
43
00
61
51
00
15
00
$980,182 70
N o. 8.]
SA Y IN G S B A N K CO M M ISSIONERS.
333
W O R C E S T E R CO LL A T E R A L L O A N ASSO C IA T IO N —
W O R C E ST E R .
Incorporated April 17, 1896.
H e n r y L . P a r k e r , President.
C h a r l e s E . B u r n h a m , Treasurer.
Directors:
L yman A . E l y ,
A . L. D . B uxton,
H enry L. P ar k e r,
G eorge T . D e w e y ,
C h arles E . B u r n h a m .
J o h n T . B r i e r l y , Director f o r State.
D a n ie l P a r l i n , Director f o r City o f Worcester.
Balance Sheet Oct.
31, 1904.
A sset s .
Cash,
.......................................
Notes receivable, .
Pledge department,
Suspense account, .
Sales account,
Furniture account,
L ia b il it ie s .
S4.437
53,848
9,990
182
51
663
16
38
77
67
75
93
Capital stock,
Notes pavable,
Guaranty fund, .
Eire risk fund,
Bad debt fund,
State tax,
.
.
Unpaid dividend, .
Undivided profits,
.
.
$60,000
1,000
4,000
509
63
996
1,800
806
00
00
00
41
22
00
00
03
$69,174 66
$69,174 66
Ple d g e D e p a r t m e n t .
A ss et s .
Cash,
.......................................
L o a n s , .......................................
Sales account, N o. 1,
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Federal Reserve Bank of St. Louis
L ia b il it ie s .
$227 78
10,594 55
3,127 25
$13,949 58
Capital advanced,
Sales account, N o. 2,
Insurance fund, .
Undivided profits,
.
$9,990
100
1.000
2,858
77
00
00
81
$13,949 58
334
R E P O R T — C O -O P E R A T IV E B A N K S. [P . D. N o. 8
W O R K IN G M E N ’S L O A N A S S O C IA T IO N — BOSTON.
Incorporated March 8, 1888.
R o b e r t T r e a t P a i n e , President.
R o b e r t T r e a t P a i n e , 2 d , Treasurer.
F r a n c is B . S e a r s , Vice-President.
A r t h u r L y m a n , Clerk.
Directors:
E dm u nd B il l in g s ,
H e n r y B . Ca b o t ,
A r t h u r S. J o h n so n ,
J o se p h L e e ,
A rthur L ym an,
H erbert L ym an,
J o h n F . M o or s,
R o b e r t T r e a t P a i n e , Jr.,
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 f o r State.
C h a r l e s C. J a c k s o n , Director f o r City o f Boston.
B a l a n c e Sh e e t O c t .
A ss et s .
L ia b il it ie s .
L o a n s , ....................................... $231,504 04
Expense,
.
.
.
.
1,286 31
In tere st,.......................................
386 29
Cash on hand,
10,235 57
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Federal Reserve Bank of St. Louis
31, 1901.
$243,412 21
Capital stock,
Notes payable,
Profit and loss,
Interest,
.
.
Undivided profits,
Risk fund,
.
.
State tax,
.
.
Guaranty fund,
.
.
.
.
.
.
$125,000
60,000
534
2,558
4,122
1,162
1,037
48,995
00
00
61
99
92
50
50
69
$243,412 21
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Federal Reserve Bank of St. Louis
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Federal Reserve Bank of St. Louis
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Federal Reserve Bank of St. Louis
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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
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Federal Reserve Bank of St. Louis
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Federal Reserve Bank of St. Louis
STATUTES
R E L A T IN G TO
Co- o p e r a t iv e B a n k s .
[Chapter 114 o f the Revised Laws.]
S ection 1. ïso person, and no association or corpora Co-operative
to be in
tion, except foreign associations and corporations duly banks
corporated.
1889,452, §§ 1, 3.
licensed by the board o f commissioners of savings banks 1890, 310, §§ 1 ,4 .
286.
prior to the fourteenth day of April in the year eighteen 1896,
149 M ass. 167.
hundred and ninety-six to transact business in this com
monwealth,
shall
transact the business of accumulating.
•
O
the savings of its members and loaning to them such accu
mulations in the manner of a co-operative bank, unless
incorporated in this commonwealth for such purpose.
Whoever violates any provision of this section shall be
punished by a tine 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.
Section 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 of forming a corporation for the purpose of P . S. 117, § 1.
accumulating the savings of its members paid into such 1890, 243.
corporation in fixed periodical instalments and loaning to
its members the funds so accumulated, shall, with the con
sent of the board of commissioners of savings banks,
become a corporation upon complying with the provisions
of the following section.
S ection 3. The provisions of sections fifteen to twenty, Organization.
1877, 224, §§ 2 ,4 .
inclusive, of chapter one hundred and ten shall apply to P . S. 117, §§ 2 ,4 .
such corporations, except that the agreement o f associa
tion shall also state the limit of 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
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Federal Reserve Bank of St. Louis
APPEN D IX.
VI
Capital.
I s s u e o f sto ck ,
1877, 224, § 5.
P . S. 117, § 5.
1887, 216, § 1.
149 M a ss. 167.
1903, 147, § 1.
S h a res is su ed
to m in o rs a n d
shares h e ld in
trust.
1887, 216, § 3.
By-laws.
O fficers.
1877, 224, §§ 6,
16.
P . S. 117, § 6.
1885, 121, § 1.
1901, 123.
T reasu rer,
du ties.
Bond.
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 of the officers who possess
the powers 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 of the certificate of organization, shall be
five dollars.
S ection 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 may determine. No person shall
hold more than twenty-five shares in the capital of one
such corporation. No shares o f a prior series shall be
issued after the issue of a new series.
S ection 5. Shares may be issued in the name of a
minor, and may, 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 of the existence and terms of
such trust has been given in writing to the corporation,
such shares may, upon the death of the trustee, be with
drawn by the person for whom such deposit was made or
by his legal representatives.
Section 6. The number, title, duties and compensa
tion of the officers of the corporation, their terms of office,
the time of their election, the qualifications of electors and
the time of each periodical meeting of the officers and
members shall be determined by the by-laws. The by
laws may also provide for the election of the secretary and
treasurer either by the shareholders or by the board of
directors. No member shall be entitled to more than one
vote at any election. All officers shall continue in office
until their successors are duly elected. The offices of
secretary and treasurer may be held by the same person.
Section 7. The treasurer shall dispose of and secure
the safe keeping of all money, securities and property of
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Federal Reserve Bank of St. Louis
APPEN D IX.
the corporation, in the manner designated by the by-laws,
and the treasurer and secretary shall give, subject to the
provisions of section fifteen of chapter one hundred and
thirteen, such bond for the faithful performance o f their
respective duties as the by-laws may require.
S ection 8.
The officers shall hold stated monthly
meetings at any place in the city or town in which the
bank is located. At 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 ection 9. A member may withdraw his unpledged
shares, after giving thirty days’ notice of his intention so
to do, written in a book held and provided by the cor
poration for such purpose. Upon such withdrawal such
shareholder shall be paid the balance remaining after de
ducting from the amount then standing to the credit of
the shares all fines, a proportionate part of any unadjusted
loss, and such proportion of the profits previously credited
to the shares as the by-laws may provide ; but at no time
shall more than one half of the funds in the treasury be
applicable to the demands of withdrawing members with
out the consent of the directors. The directors may,
under rules made by them and approved by the board of
commissioners o f savings banks, retire the unpledged
shares of any series after four years from the date o f their
issue, by enforcing the withdrawal of the same, and the
shares to be retired shall be determined by lot, and the
holders thereof shall be paid the full value of their shares,
less all fines and a proportionate part of any unadjusted
loss. Whenever 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 of 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 of commissioners of 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 of shares in any series after five years from
the date o f issue, and it shall be the duty of the board of
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Federal Reserve Bank of St. Louis
V ll
1877, 224, § 14.
P . S. 117, § 17.
1898, 247, § 1.
M o n t h ly m eet
in g s . H u es.
1877, 224, §§ 5,
7, 9.
1881, 271, § 1,
Cl. 3.
P . S. 117, § 7.
1900, 249.
W ith d r a w a l o f
sh ares.
1877, 224, § 10.
1881, 271, § 1,
c l. 3.
P . S. 117, § 8.
1882, 251, § 1.
1887, 216, § 2.
149 M ass. 167.
1903, 95, § 1.
ym
Shares, w h e n
m atu red .
1881, 271, § 1,
c l. 8.
P . S. 117, § 9.
1882, 251, § 1.
1887, 216, § 5.
1898, 247, § 3.
1903, 95, § 2.
L oans o f
m o n e y ; in v e s t
m en ts.
1877, 224, § 7.
1881, 271, § 1,
c l. 4.
P . S. 117, § 10.
1882, 251, § 2.
1890, 78.
1896, 277.
P r e m iu m s .
1877, 224, § 12.
P . S. 117, § 11.
APPEN D IX.
directors, in the manner hereinbefore provided, to comply
with the order o f said board.
S ection 10. When each unpledged share of a given
series reaches the value of two hundred dollars, all pay
ments of 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 of shares, pledged or unpledged, reaches
maturity between the dates of adjustment of 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.
Section 11. The money accumulated, after due allow
ance for all necessary expenses and the cancellation of
shares, shall, at each stated monthly 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 of 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
of 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 of money, and a note shall be
given as required by section fourteen.
S ection 12. Premiums for loans shall consist of a
percentage charged on the amount loaned in addition to.
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Federal Reserve Bank of St. Louis
APPEN D IX .
IX
interest, and shall be a consideration paid b j 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 ection 13. A borrowing member, for each share bor In te re s t.
271, § 1.
rowed upon, shall, in addition to his dues and monthly c1881,
l. 3.
P . S. 117, § 12.
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 ection 14. For every loan made a note shall be given, S e c u r ity .
1877, 224, § 8.
accompanied by a transfer and pledge of the shares o f the 1881, 271, § 1.
1.
borrower, and secured by a mortgage of real estate situated cPl.. S.
117, § 13.
159, § 1.
in this commonwealth and unencumbered by any mortgage 1889,
1894, 342, § 1.
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 of 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 of 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
of 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.
If 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 ection 15. If a member purchases money at a lower E ffe c t o f n e w
rate than that paid by him on an existing loan, secured by lois atinn sg omn oerxt
age.
a mortgage, for the purpose by him declared of reducing g1894,
342, § 2.
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Federal Reserve Bank of St. Louis
A P P E N D IX .
X
Paym ent o f
lo a n s .
1877, 224, § 11.
P . S. 117, § 14.
P a r t ia l p a y
m e n ts o f loa n s
o n rea l estate.
1887, 216, § 4.
P in e s , f o r f e i t
u r e o f sh ares.
1877, 224, § 13.
P . S. 117, § 15.
1896, 285.
the premium or rate of 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 of 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 of 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 of his intention
to re-buy his money. 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.
Section 16. A borrower may repay a loan at any time,
upon application to the corporation, whereupon, on settle
ment of his account, he shall be charged with the full
amount of the original loan, with all monthly instalments
of 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
received by the corporation in full satisfaction of said loan.
All settlements made between stated meetings o f the direc
tors shall be made as of the date of 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 of said cancelled loan.
S ection 17. Partial payments of loans on real estate
made by a co-operative bank may be received in amounts
of fifty dollars or a multiple thereof; and for each two
hundred dollars so repaid one share o f stock shall be
released from pledge.
S ection 18. Members who make default in the pay
ment of their monthly dues, interest and premiums, shall
be charged a fine not exceeding two per cent a month on
each dollar in arrears. Xo 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
shall, at the option of the directors, if the member fails
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Federal Reserve Bank of St. Louis
APPEN DIX.
xi
to pay the arrears within thirty days after notice, be
declared forfeited, and the withdrawing value of the shares
at the time of forfeiture shall be ascertained, and, after
deducting all fines and other legal charges, the balance
remaining shall be transferred to an account to be desig
nated the ‘ ‘ Forfeited Share Account ” to the credit of the
defaulting member.
Said member, if not a borrower,
shall be entitled upon giving thirty days’ notice to receive,
out of the funds appropriated to the payment of with
drawals, the balance so transferred without interest from
the time of 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 of shares last pre
ceding said forfeiture.
S ection 19. If a borrowing member is in arrears for Recovery of
loan.
dues, interest, premium or fines for more than six months, 1877, 224, §§ 8,
the directors may, after one month’s notice, declare the 13.
P . S. 117, § 16.
251, § 1.
shares forfeited if the arrears then remain unpaid. The 1882,
1885, 121, § 4.
account of such borrowing member shall then be debited
with the arrears of interest, premium and fines to date of
forfeiture, and the shares shall be credited upon the loan
at their withdrawing value. The balance of the account
may and after six months shall be enforced against the
security, and be recovered as secured debts are recovered
at law.
Section 20. No member whose shares are withdrawn, Pines on
shares with
forfeited or retired, shall be charged with fines upon such drawn, etc.
shares in excess of the profits distributed thereto, and if 1895, 172.
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 ection 21. No co-operative bank, nor any person Bank or
officers not to
acting in its behalf, shall take or receive a fee, brokerage, receive certain
commission, gift or other consideration for or on account fees.
1897, 161of a loan made by or on behalf of such corporation, other
than appears on the face o f the note or contract by which
such loan purports to be made; but the provisions of this
section shall not apply to a reasonable charge for services
in the examination o f property and titles and preparation
and recording o f conveyances to such corporation as
security for its loans. Whoever violates a provision of
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Federal Reserve Bank of St. Louis
A PPE N D IX .
xii
B ook s o f
a c c o u n t.
1877, 224, § 14.
P . 8. 117, § 17.
173 M ass. 54.
D is t r ib u t io n o f
p r o fits a n d
lo s se s .
1877, 224, § 15.
1881, 271, § 1,
c l. 2.
P . S. 117, § 18.
G u a r a n ty
fu n d .
1885, 121, § 2.
1903, 203.
this section shall be punished by a fine of not less than
one hundred nor more than one thousand dollars.
Section 22. The general accounts of every such cor
poration shall be kept by double entry. All 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 of and
to be held by the member. Said pass book shall be plainly
marked with the name and residence of 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 of such
series. A ll money so received shall be originally entered
by the proper officer in a book to be called the “ cash
book,” to be provided by the corporation for the purpose,
and the entries therein shall show the name of the payer,
the number of shares, the number or designation o f the
series or issues of 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 of each stated meet
ing, and shall be an exhibit of the receipts of 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
of 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 of said order, check or draft.
Section 23. 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 of distribu
tion. Losses shall be apportioned immediately after their
occurrence.
Section 24. A t each distribution of 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
APPEN D IX.
xiii
the last preceding adjustment, until such fund amounts
to five per cent of 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 of the corporation
from depreciation of its securities or otherwise.
S e c t i o n 25.
A corporation which carries on its books Surplus
as assets any unpaid interest, premiums or tines shall, at 1900, 273.
each distribution of profits, transfer at least five per cent
o f such items to the credit of its surplus account until such
account amounts to at least twenty-five per cent of the
total of all such items existing at the time of 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 corporation
or private sale real estate upon which it may have a mort- ^urea/estate.
gage, judgment, lien or other encumbrance, or in which pJs’.in §§1 9 .
it may have an interest, and may sell, convey or lease the
|jy §2real estate acquired by it and, on the sale thereof, may [ l O p . A . g .
take a mortgage in common form thereon to secure the
payment of the whole or part of the purchase price. All
real estate shall be sold within five years from the acqui
sition of the title thereto ; but the board of commissioners
of savings banks may, upon the petition of the security
committee of such corporation and for cause, grant an
additional time for the sale of the same.
S e c t io n 27.
A co-operative bank, except as provided netseofbusi"
in section eight, shall carry on its usual business at its 1900, 219.
office only, which shall be in the city or town named in
its agreement of association. It shall not maintain a sign
or advertise to transact business in any other place; 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 of commis
sioners of savings banks.
S e c t i o n 28.
The board of commissioners of savings P ow ers o f
banks shall perform the same duties relative to every such com m issioncorporation, and shall have the same powers, as are re- ^ 79, 129.
quired of or given to them relative to savings banks, and s. 117, §20.
shall annually make report to the general court of 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
A P P E N D IX .
X IV
F o r e ig n b a n k s
n o t to d o b u s i
n ess, w h en .
1889, 452, § 1.
1890, 310, § 2.
1891, 403.
Annual
r e tu r n s o f
c o -o p e r a tiv e
ban ks.
1889, 159, § 2.
1895, 171.
In crease o f
c a p ita l.
1903, 147, § 2.
Every officer o f such corporation shall answer truly all
inquiries made, and shall make all returns required by the
commissioners.
Section 29. If, in the opinion of the board of com
missioners of savings banks, any foreign association or
corporation authorized to carry on the business of 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
of 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 ection 30. Every co-operative bank shall annually,
within thirty days after the last business day of October,
make to the board o f commissioners of savings banks in
such form as may be prescribed by it, a return, signed
and sworn to by the secretary and treasurer of the corpo
ration, showing accurately the condition thereof at close
of business on said day. The president and five or more
of 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 of business on said day, except that
amounts received for dues, interest, premiums and fines
on account of 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 ection 31. A bank may by vote of a majority of
its members present and voting at a meeting duly called
for the purpose increase the limit of capital to be accu
mulated by it as stated in its original agreement of associa
tion and in its certificate of organization, and within
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Federal Reserve Bank of St. Louis
APPEN 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 of such vote, signed and
sworn to by 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 29 2 , Acts o f 1904 ]
A n A ct
relative to loans of co- operative banks .
S ection 1. No co-operative bank shall hereafter make
a loan secured by mortgage upon any one parcel of real
estate, in excess of five thousand dollars.
S ection 2. This act shall take effect upon its passage.
[Chapter 39 2 , A cts o f 1904.]
A n A ct
MORE
SAM E
to
authorize
C O -O P E R A T IV E
C IT Y
OR
the consolidation o f
BANKS
D O IN G
B U S IN E S S
two or
IN
THE
TOW N.
S ection 1. If 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 of said banks shall
be called, and notice of such special meeting and of 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 of said meeting; 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 of the consolidation, and if two
thirds or more of the members of each of said banks present
and voting at such special meeting vote in favor of the
consolidation, then the board o f directors of 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
APPEN DIX.
XVI
S ection 2. The said petition shall be in writing,
signed for and in behalf o f the board of directors of each
bank by the president, secretary and treasurer of the bank,
and shall have annexed thereto an affidavit signed and
sworn to by the secretary stating that the notices of the
special meeting have been duly given and that the re
quirements of 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 of the records of the meeting of the
members of each bank authorizing such action, signed by
the secretary, and a duly attested copy of the balance sheet
of each bank at the close of business on the last day of the
month previous to the date of the petition, signed by the
treasurer.
Section 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 of his or their findings to the board ; and the expenses
of such audit, provided the consolidation is not finally
approved by the board of commissioners of 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.
Section 4. If the said reports disclose to the board
of commissioners of savings banks a condition favorable
to consolidation, the order for consolidation may 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 of commissioners of savings banks,
and the continuing bank shall thereupon assume all
liabilities accrued on account of 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 of the
said bank or banks except as otherwise specifically pro
vided herein, and all business thereafter shall be done
under the title o f the continuing bank except as otherwise
provided in section seven of this act.
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Federal Reserve Bank of St. Louis
APPEN DIX.
(b) No more shares shall be sold by the bank or banks
that are taken over, but during the life of the series of
shares already 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 ection 5. A ll liabilities of the consolidated banks for
current expenses shall be adjusted and paid by each bank
before the consolidation is finally approved by the board
of commissioners of 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 ection 6. At the time of, and upon final approval
of, the consolidation, all the offices of 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 ection 7. A new name or the name of any one of
the petitioning banks may be adopted as the name of the
continuing bank at the special meeting called as provided
in section one of this a ct; and if such proposed name is
set forth in the petition to the board of commissioners of
savings banks and is approved by said board it shall
become the name of 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 of a new name on the part of the con
tinuing bank.
S ection 8. This act shall take effect upon its passage.
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Federal Reserve Bank of St. Louis
xv ii
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Federal Reserve Bank of St. Louis
INDEX
TO SUBJECTS CONTAINED IN THE STATUTES RELATING TO
CO-OPERATIVE BANKS.
PAGE
Advertisem ents, restrictions o
n
, ........................................................................................... xiii
Agreem ent of association ; w hat to set f o r t h , ......................................................................v
A nnual r e t u r n s , .............................................................................................................................xiv
A uthority of foreign corporations to do business m ay be revoked,
.
.
.
xiv
Bids for loans m ay he a rate of in te r e st,...................................................................................viii
Bonds of treasurers and e m p lo y e e s ,..............................................................................................vi
Books and a c c o u n t s , ..................................................................................................................... xii
Business, places where it m ay he c o n d u c t e d , ..................................................................xiii
C a p i t a l , ................................................................................................................................................ vi
Capital, increase o
f , .................................................................................................................... xiv
Capital, investments o
f , ............................................................................................................ viii
Consolidation of two or more h a n k s , .................................................................................... x v
Co-operative hanking d e f i n e d , ..........................................
v
Co-operative hanks must he i n c o r p o r a t e d ,...............................................................................v
Distribution of profits and l o s s e s , ............................................................................................ xii
D u e s , ....................................................................................................................................................... vii
Examinations by c o m m i s s i o n e r s ,........................................................................................... xiii
F ee, brokerage, commission, etc., not to he taken on account of loans.
Penalty,
xi
Fines, d e f in e d ,...............................................................................................................................
x
Fines in excess of profits not to he c h a r g e d ,............................................................................. xi
Forfeiture of s h a r e s , ....................................................................................................................... xi
Guaranty f u n d ,.......................................................................................................................................xii
H o w moneys m ay be lent or i n v e s t e d , ...................................................................................viii
Increase of c a p it a l,............................................................................................................................. xiv
Interest on l o a n s , ................................................................................................................................ ix
Loans, .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
viii
Loans, hid for same m ay he a rate of i n t e r e s t , .................................................................. viii
Loans, amount li m i t e d ,.............................................................................................
xv
Loans, partial payment o f , ...................................................................................................................
Loans, payment o f , ....................................................................................
Loans, premiums o n , .................................. ........
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
x
.
.
.
.
viii
XX
IN D EX TO APPEN D IX.
PAGE
Loans, recovery of, .
.
.
.
.
.
.
.
xi
Loans, security f o r , ................................................... ........
.
ix
M aturity of s h a r e s ,....................................................................
viii
M e e t i n g s ,.....................................................................................
vii
Moneys, how lent or i n v e s t e d , ...........................................
viii
O f f i c e r s , .....................................................................................
vi
O r g a n i z a t i o n ,............................................................................
V
Partial payment of loans on real estate, .
X
.
.
.
Paym ent of l o a n s , ....................................................................
X
Payments hy the c o r p o r a t i o n ,...........................................
xii
P e n a l t i e s ,.....................................................................................
v -x ii
Penalty for failure to m ake annual return,
.
Plans of issuing stock, e t c . , ...................................................
xiv
vi
Powers of savings bank commissioners, .
xiii
Premiums on loans,
viii
.
...........................................
Profits and losses, how distributed,
.
xii
Purchase of money at a lower r a t e , ..................................
ix
R eal 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 m ay he one and same person,
vi
Secretary and treasurer to give bonds,
vi
.
Security for l o a n s , ...................................................................
Shares, forfeiture o
ix
f , ...........................................................
x
Shares held in t r u s t , ...........................................................
vi
Shares in name of m i n o r s , ...................................................
Shares, m aturity o
vi
f , ...........................................................
viii
Shares, retiring o f , ....................................................................
vii
Stock, plans of issuing s a m e , ..........................................
vi
W i t h d r a w a l s ,............................................................................
vii
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
GENERAL INDEX.
PAGE
General Remarks on Co-operative B a n k s ,........................................... iii
General Remarks on Collateral Loan Companies,
.
.
.
.
xxi
General Remarks on Mortgage Loan and Investment Companies,
.
xxi
Genera] Remarks on Foreign Building and Loan Associations, .
.
xxii
Annual Reports of Co-operative B a n k s , ........................................... 2-328
Aggregate Statement of Co-operative B a n k s , ...................................329
Annual Reports of Loan C o m p a n ie s ,...........................................
332-334
A P P E N D IX
PAG E
Statutes relating to Co-operative Banks,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
v
In d ex
to the
A n n u a l R eports .
^Alphabetically by Locatioti.]
C O -O P E R A T IV E B A N K S .
CORPORATE NAME.
L O C A T IO N .
Adams,
Amesbury, .
Arlington, .
,
Athol, .
Attleborough,
Baldwinville,
Beverly,
Boston,
Bridgewater,
Brockton,
Brookline, .
Cambridge, .
Cambridgeport,
Canton,
Chelsea,
Clinton,
Danvers,
Dedham,
East Cambridge,
Easthampton,
Everett,
Fall River, .
Fitchburg,
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
,
■
Adams Co-operative Bank,
Amesbury Co-operativje Bank, .
Arlington Co-operative Bank,
Athol Co-operative Bank, .
Attleborough Co-operative Bank,
Baldwinville 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, .
-j Merchants’ Co-operative Bank, .
M t. Washington Co-operative Bank,
Pioneer Co-operative Bank,
Roslindale Co-operative Bank, .
Roxbury Co-operative Bank,
Suffolk Co-operative Bank,
Volunteer Co-operative Bank, .
W est R oxbury Co-operative Bank,
Workingmen’ s Co-operative Bank,
. Bridgewater Co-operative Bank,
f Campello Co-operative Bank,
‘ 1 Security Co-operative Bank,
. Brookline Co-operative Bank, .
. Reliance Co-operative Bank,
. Columbian Co-operative Bank, .
. Canton Co-operative Bank,
. Provident 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,
f Fall River Co-operative Bank, .
! Lafayette Co-operative Bank,
.
' "i People’ s Co-operative Bank,
[T roy Co-operative Bank, .
i
f Fidelity Co-operative Bank,
’ 1 Fitchburg Co-operative Bank,
.
[Pub. Doc.
IN DEX.
X X IV
Gardner,
Gloucester,
Grafton,
Great Barrington,
Groveland, .
Haverhill,
Hingham,
Holbrook,
.
.
.
Holyoke,
Hudson,
Hyde Park,
.
Lawrence,
.
Leominster,
.
Lowell,
Malden,
Mansfield, .
Marblehead,
Marlborough,
Medford,
Melrose,
Merrimac, .
Middleborough, .
Milford,
Natick,
Needham, .
New Bedford,
Newburyport,
Newtonville,
North Abington, .
North Adams,
Northampton,
North Dighton, .
North Easton,
Norwood,
Orange,
Peabody,
Pittsfield,
Plymouth, .
Quincy,
.
Revere,
Salem, .
Sandwich,
Foxborough Co-operative Bank,
.
.
Dean Co-operative Bank, .
Gardner Co-operative Bank,
Gloucester Co-operative Bank,
.
.
.
.
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
87
55
89
95
.
.
.
.
98
129
.
100
.
43
107
115
118
45
Grafton Co-operative Bank,
Housatonic Co-operative Bank, .
.
Groveland Co-operative Bank, .
| Citizens’ Co-operative Bank,
" 1 Haverhill Co-operative Bank, .
.
Hingham Co-operative Bank,
.
Holbrook Co-operative Bank, .
f 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,
.
1 Merrimack Co-operative Bank, .
.
Leominster Co-operative Bank, .
<- B. F . Butler Co-operative Bank,
.
.
.
.
North Dighton Co-operative Bank,
North Easton Cooperative Bank,
Norwood Co-operative Bank,
Orange Co-operative Bank,
Peabody Co-operative Bank,
Pittsfield Co-operative Bank,
Plymouth Co-operative Bank, .
f Quincy Co-operative Bank,
’ 1 Wollaston Co-operative Bank, .
. Randolph Co-operative Bank, .
. Reading Co-operative Bank,
. Revere Co-operative Bank,
| Roger Conant Co-operative Bank,
1 Salem Co-operative Bank, .
. Sandwich Co-operative Bank, • .
120
.
131
134
14
139
.
.
.
.
.
Lowell Co-operative Bank,
1 Middlesex Co-operative Bank, .
f Equitable Co-operative Bank, .
1 Lynn Co-operative Bank, .
. Malden Co-operative Bank,
. Mansfield Co-operative Bank, .
. Marblehead Co-operative Bank,
. Marlborough Co-operative Bank,
. Medford Co-operative Bank,
. Melrose Co-operative Bank,
. Economy Co-operative Bank,
. Middleborough Co-operative Bank, .
. Milford Co-operative Bank,
. Henry W ilson Co-operative Bank,
. Needham Co-operative Bank, .
| Acushnet Co-operative Bank,
.
1 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,
.
.
.
.
.
.
.
.
.
.
Lynn, .
Randolph,
Reading,
.
.
.
PAGE
CO RPORATE N AM E.
L O C A T IO N .
Foxborough,
Franklin,
.
171
142
26
.
145
176
68
.
.
.
.
.
.
.
.
.
.
.
.
147
149
152
154
156
162
165
63
173
178
110
183
.
.
.
.
.
185
188
190
193
21
.
195
.
.
.
.
197
199
202
204
206
214
.
.
2
.
.
.
217
223
.
.
.
.
317
226
228
234
.
.
.
236
243
246
.
IN D EX.
No. 8.]
Springfield, .
Stoneham, .
Stoughton, .
Taunton,
Wakefield, .
W altham ,
Watertown, .
Waverley, .
Wehster,
Westfield,
W est Newton,
W est Somerville,
W est Springfield,
W eymouth, .
W hitm an, .
Winchendon,
Winchester, .
W oburn,
Worcester,
.
PAGE
CO RPORATE N A M E .
L O C A T IO N .
Somerville, .
South Braintree, .
South Framingham,
South W eymouth,
XXV
.
.
.
.
.
.
.
Somerville Co-operative Bank, .
Braintree Co-operative Bank,
South Framingham Co-operative Bank,
South W eymouth Co-operative Bank,
Springfield Co-operative Bank, .
Stoneham Co-operative Bank, .
Stoughton Co-operative Bank, .
r Mechanics’ Co-operative Bank, .
. < Taunton Co-operative Bank,
£ Weir Co-operative Bank, .
. Wakefield Co-operative Bank, .
. Waltham Co-operative Bank,
. Watertown Co-operative Bank, .
. Waverley Co-operative Bank, .
. Webster Co-operative Bank,
. Westfield Co-operative Bank,
. W est Newton Co-operative Bank,
. W est Somerville Co-operative Bank, .
. W est Springfield Co-operative Bank,
. South Shore Co-operative Bank,
. W hitm an Co-operative Bank,
.
. Winchendon Co-operative Bank,
. Winchester Co-operative Bank, .
. Woburn Co-operative Bank,
Equity Co-operative Bank,
Home Co-operative Bank, .
{
Wrentham, .
.
Worcester Co-operative Bank, .
Wrentham Co-operative Bank, .
.
.
.
.
251
30
254
260
.
.
.
.
.
263
266
269
159
274
.
.
.
293
281
283
.
.
.
.
.
.
.
287
289
291
295
297
302
304
.
.
.
.
.
257
306
309
312
314
.
.
.
.
71
123
320
327
C O L L A T E R A L L O A N CO M P A N IE S.
Boston,
Worcester,
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
| Çollateral Loan C o m p a n y,........................................................... 332
i Workingmen’ s Loan A s s o c i a t i o n , ....................................... 333
Worcester Collateral Loan Association,
.
.
.
.
334
IN DEX
XXVI
Index
to the
A
[Pub. Doc.
R eports .
nnual
[Alphabetically by Corporate Name.\
C O -O P E R A T IV E B A N K S .
CORPORATE NAME.
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,
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 B a n k ,.
Economy Co-operative Bank, .
Enterprise Co-operative B a n k ,.
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 B a n k ,.
Grafton Co-operative Bank,
Groveland Co-operative Bank, .
Guardian Co-operative Bank, .
Hampton Co-operative Bank, .
Haverhill Co-operative Bank, .
Henry W ilson Co-operative Bank,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
L O C A T IO N .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
New Bedford,
Adam s, .
.
Amesbury,
.
Arlington,
.
Athol, .
.
Lawrence,
.
Attleborough,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Bal dwi nvi l l e, .
.
North Adams,
Beverly,
.
.
Lowell, .
.
.
Boston, .
.
.
South Braintree,
Bridgewater, .
.
Brookline,
.
.
East Cambridge,
Brockton,
.
.
Canton, .
.
.
Haverhill,
.
.
Holyoke,
.
.
Cl i nt on, .
.
.
Cambridgeport,
.
Danvers,
.
.
Franklin,
.
.
Dedham,
.
.
Boston, .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
19
21
23
26
28
30
32
34
36
38
41
43
45
47
50
53
55
57
60
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Merrimac,
.
East Boston, .
Lynn,
.
.
Worcester,
.
Everett, .
.
Fall River,
.
Boston, .
.
Fitchburg,
.
Fitchburg,
.
Foxborough,
Gardner,
.
Boston, .
.
Gloucester, .
Grafton,
.
Groveland,
.
Boston, .
.
Easthampton,
Haverhill,
.
Natick, .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
63
65
68
71
74
76
79
82
85
87
89
92
95
98
100
102
105
107
110
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
PAG E
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2
5
7
9
12
14
17
No.
xxvii
INDEX.
8.]
.
Hyde Park Co-operative Bank,
Lafayette Co-operative Bank, .
Lawrence Co-operative Bank, .
Leominster 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,
Mechanics’ 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,
M t. Washington Co-operative Bank,
Needham Co-operative Bank, .
New Bedford Co-operative Bank,
Newburyport Co-operative Bank,
Newton Co-operative Bank,
North Abington 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,
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,
Reliance Co-operative Bank,
.
Revere Co-operative Bank,
Roger Conant Co-operative Bank, .
Roslindale Co-operative Bank,
R oxbury Co-operative Bank, .
Salem Co-operative Bank,
Sandwich Co-operative Bank, .
Security Co-operative Bank,
Somerville Co-operative Bank,
South Framingham Co-operative Bank,
South Shore Co-operative Bank,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PAGE
L O C A T IO N .
CO RPORATE N AME.
Highland 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,
.
.
.
Boston, .
Hingham,
Holbrook,
.
.
.
.
Holyoke,
Worcester,
Boston, .
Great Barrington, .
.
.
.
.
Hudson,
Hyde Park,
Fall River,
Lawrence,
.
.
.
.
.
Leominster,
Lowell, .
Lynn,
M ald e n ,.
Mansfield,
.
.
Marblehead, .
Marlborough,
.
.
.
.
Taunton,
Medford,
Melrose,
Boston, .
.
.
Lawrence,
Middleborough,
.
.
.
.
. Lowell, .
. Milford,
. Boston, .
. Needham,
. New Bedford,
. Newburyport,
. Newtonville, .
. North Abington, .
. Northampton,
. North Dighton,
. North Easton,
. Norwood,
. Orange, .
. Peabody,
. Fall River,
.
. Boston, .
. Pittsfield,
. Plymouth,
. Chelsea,.
. Quincy, .
. Randolph,
. Reading,
. Cambridge, .
. Revere, .
. Salem, .
. Roslindale, .
. Boston, .
. Salem, .
. Sandwich,
. Brockton,
. Somerville, .
. South Framingham,
. W eym outh, .
.
.
.
.
.
.
.
113
115
118
120
123
126
129
.
.
131
134
.
.
.
137
139
142
.
145
.
.
147
149
.
.
152
154
.
156
.
.
159
162
.
.
165
168
.
.
.
.
.
.
.
.
.
.
.
171
173
176
178
181
183
185
188
190
193
195
.
.
.
.
.
.
.
.
197
199
202
204
206
209
211
214
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
217
220
223
226
228
231
234
236
238
240
243
246
249
251
254
.
257
[P u b .
CORPORATE NAME.
Doc.
PAGE
L O C A T IO N .
.
South W eym outh,
.
.
.
.
.
.
.
Springfield,
Stoneham,
Stoughton,
Boston, .
Taunton,
Fall River,
Boston, .
.
Wakefield Co-operative Bank, .
W altham Co-operative Bank, .
Watertown Co-operative Bank,
W averley Co-operative Bank, .
Webster Co-operative Bank,
W eir Co-operative Bank, .
Westfield Co-operative Bank, .
W est Newton Co-operative Bank,
W est Roxbury Co-operative Bank, .
W est Somerville Co-operative Bank,'
W est Springfield Co-operative Bank,
W hitm an Co-operative Bank, .
Winchendon Co-operative Bank,
Winchester Co-operative Bank,.
Woburn Co-operative Bank,
Wollaston Co-operative Bank, .
Worcester Co-operative Bank, .
W orkingmen’ s Co-operative Bank, .
Wrentham Co-operative Bank,
.
.
.
Wakefield,
W altham,
Watertown,
.
.
-
.
.
.
.
260
263
266
269
.
271
to
South W eymouth 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, .
.
.
.
.
.
.
.
.
GO
INDEX.
iz!
o
xxviii
.
W averley,
Webster,
Taunton,
Westfield,
W est Newton,
Boston, .
W est Somerville, .
W est Springfield, .
.
W hitm an,
.
Winchendon,
.
Winchester, .
. Woburn,
. Quincy, .
.
Worcester,
.
Boston, .
.
Wrentham, .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
276
278
281
283
287
289
291
293
295
297
300
302
304
306
309
312
314
.
317
320
323
.
327
.
332
333
334
.
C O L L A T E R A L L O A N C O M P A N IE S .
Collateral Loan Company,
Worcester Collateral Loan Association,
Workingmen’ s Loan Association, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
Boston, .
Worcester,
Boston, .
.
.
@FedFRASER