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ANNUAL REPORT OF THE SUPERINTENDENT OF B A N K S R E L A T IV E T O Savings and Loan Associations, Land Bank of the State of New York and Credit Unions For the Year 1915 T R A N S M IT T E D T O T H E L E G IS L A T U R E M A R C H 15, 1916 ALBANY J. B. LYON COMPANY, PRINTERS 1916 State of N ew Y ork a N o. 38 IN SENATE M arch 15, 1916 REPORT OF TH E SUPERINTENDENT OF BANKS, RELATIVE TO SAVINGS AND LOAN ASSOCIATIONS, LAND BANK OF THE STATE OF NEW YORK AND CREDIT UNIONS STA TE OF N EW YORK: B anking D epartment, A lbany, March 15, 1916 To the Honorable the President of the Senate: S ir.— In accordance with the provisions o f the Banking Law, I have the honor to transmit to the Legislature the annual report o f this Department, relative to savings and loan associations, the Land Bank of the State o f New Y ork and credit unions, for the year ending December 31, 1915. V ery respectfully yours, E U G E N E LA M B R IC H A R D S , Superintendent o f Bantes. D U D T1 K E iPUn K T o the L egisla ture: In accordance with the provisions o f section 83 o f the Bank ing Law, I present that portion o f the annual report o f this D e partment whiph relates to savings and loan associations, the Land Bank o f the State o f New Y ork and credit unions. The last calendar year was not especially favorable fo r the business o f savings and loan associations as, during the fore part o f the year, the depression in business which existed prior to the beginning o f the European war and was fo r a tim e intensified by its outbreak, still prevailed and the small wage-earners and laborers who constitute the clientele o f such associations were obliged to withdraw their savings rather than add to them. Under all the circumstances, however, the progress made by these asso ciations during the year is noteworthy. S ix new associations were organized during the year and as only one discontinued business, the total number o f such associations at the beginning o f the present year was two hundred fifty-one. There was an increase in the reported resources o f all the associations o f the State during the year o f approxim ately fou r m illion dollars and their total resources aggregated nearly seventy-two and one-half m illion dollars. The increase in the assets o f the strictly local co-opera tive associations was over fou r and one-half m illion dollars and they reported assets o f nearly sixty-eight m illion eight hundred thousand dollars. T he L and B ank op the State of N ew Y ork The organization o f the Land Bank o f the State o f New York was completed and it commenced business during the year. It is probable that no institution was ever organized which has been more misrepresented both by its avowed advocates and its oppo nents than the corporation that is now beginning business so m odestly and so econom ically. I t is intended to be a central in stitution fo r all the local savings and loan associations o f the State with power to assist them in procuring money to loan upon real estate values, both urban and rural, on reasonable terms. m It 6 A nnual E xport of the has been compared to a Federal reserve bank and does bear some what the same relationship to the member associations that a Federal reserve bank bears to the member banks. I t was con ceived, however, and a b ill authorizing it prepared and introduced in the Legislature a year before the Federal Reserve A ct was passed, and, w hile national banks were com pelled to become members o f a Federal reserve bank, membership in the Land Bank o f the State o f N ew Y ork is entirely voluntary. O wing to the misrepresentations referred to and a failu re to understand the possibilities o f the new institution, less than one-sixth o f the savings and loan associations o f the State have thus fa r become members o f an institution which is intended solely fo r their benefit. These member associations, however, have total re sources o f nearly twenty-two m illion dollars. N otwithstanding the difficulties encountered and the fa ct that the times have hardly been suitable fo r its rapid development, its first issue o f bonds has been sold upon a fou r and one-half per cent, basis and its affairs have been so econom ically and conservatively managed that, after paying all expenses incident to its organization, a small surplus has been accumulated from its profits. Although owing to the unfortunate and undesired encomiums and attacks above mentioned, its possibilities have not yet been fu lly appreciated, it is probable that no single act o f constructive legislation has in recent years aroused greater interest throughout this country and even in Canada than the statute establishing it and, at the present tim e, the U nited States Congress is engaged in perfecting legis lation along sim ilar lines fo r the establishment o f capitalized and State-aided land banks fo r the purpose o f loaning money to farm ers through the agency o f local corporations to be organized fo r that purpose. O ur Banking Law commences with the local associations and builds up and both the local associations and the central institution are strictly co-operative and voluntary. The only privilege whieh has been asked from , or given by, the State is the privilege o f having the bond and mortgages which form the basis o f the Land Bank’ s securities deposited with the State Com ptroller fo r the greater assurance o f purchasers. B ills which w ill increase the usefulness o f this institution and strengthen its securities have already been introduced in the S uperintendent op B anks 1 present Legislature and, in view o f the fact that it is a sem i-public co-operative institution, designed to aid all borrowers upon land values, it m ay not be im proper to call attention to the security behind the bonds it issues. N o bonds and mortgages can be made the basis o f an issue o f bonds by the Land Bank which are not first mortgages or i f the amount loaned exceeds seventy-five per centum o f the appraised value o f the real estate. A s the loaning territory o f the local as sociations o f the State is lim ited, the appraisers are men fam iliar with local conditions and land values in the vicin ity. The bonds issued cannot exceed eighty per centum o f the value o f the bonds and mortgages deposited, so that in amount they cannot exceed, and w ill usually be less than, sixty per centum o f the value o f the land by which they are secured, which is the savings bank basis. The payment o f the installments upon the bonds and mortgages deposited is guaranteed to the Land Bank by the member associa tions depositing them, and I believe that no strictly local savings and loan association has ever been so mismanaged that it was un able to pay its general indebtedness. The losses sustained by the most unfortunate o f the local associations have fallen upon the members and outside creditors have been paid in fu ll. The bonds are further secured by the capital and surplus o f the Land Bank o f the State o f N ew Y ork which, under the statute, must increase as the bonds issued by it increase and by the double liability o f the member associations upon the shares held by them, and no member association is perm itted to hold shares in excess o f ten per centum o f its resources. W hile even governments and m unici palities have failed to pay their obligations, it is difficult to con ceive o f a private institution o f this character in which the possi bilities o f loss could be more carefully m inim ized. W hile its operations must even yet be considered more or less experimental, it would seem to be a safe experiment and with proper support from the institutions interested its ultimate success would seem probable, i f not assured. E agle S avings and L oan C ompany The E agle Savings and Loan Company is one o f the few sur viving associations form erly classified as national bu ild in g and loan association. On account o f its size and its condition re- 8 A nnual R eport of the Bulting from successive misfortunes, I called attention to it and the assessment levied upon its members in m y report o f last year. The belief then expressed, with reference to the profits o f the in stitution, under ordinary circumstances, was realized and the payment o f dividends commenced under the new management The association was, however, involved in litigation with some o f its borrowing members and an adverse decision in one o f these cases was given so much prom inence that members who, to a large extent, had canceled their notices o f withdrawal again filed them. W hile an appeal was taken in the case referred to the officers, in view o f the possibility o f the decision being sustained, and, in view o f the large amount o f withdrawals filed, have not deemed it proper to continue the payment o f dividends and the directors, in accordance with the provisions o f the Banking Law, have ordered the payment o f withdrawals pro rata as funds accu mulate fo r that purpose. This procedure w ill preserve the equities o f members and prevent the payment o f some shareholders in fu ll while others are left to bear all the losses should such losses result from an adverse decision in the litigation referred to or from any other unforeseen cause. It should, o f course, be remembered that the members o f such associations sustain almost a partnership relation to each other and must share in the losses, if any occur, as well as participate in profits or earnings. A ssociations O rganized D uring the Y ear D uring the year the follow ing associations were organized and authorized to commence business: NAME Location Certificate approved Date of authorization South Shore Savings and Loan AssociaJan. California Perfume Company Employees Savings and Loan Association.............. 31 Park place, New York, N. Y ............. Feb. Hammondaport Savings and Loan AssoMay Ithaca Savings and Loan Association. . . . Ithaca.......................... May Orangetown Savings and Loan Asaocia8parkill........................ May Jefferson Savings and Loan Association.. 1271 Jefferson street, Buffalo, N. Y .......... May 28, 1915 Feb. 17, 1915 25, 1915 Mar. 4, 1916 12, 1915 17, 1915 May 12, 1915 May 17, 1915 27. 1915 M ay 27, 1915 27, 1915 M ay 27, 1915 9 S uperintendent of B anks Change of N ame The name o f the Commercial U nion Co-operative Bank, o f A lbany, form erly classified as a national building and loan asso ciation, was changed to Central Savings and Lodn Association, a name which is less m isleading and more descriptive o f its present methods o f doing business. A ssociations D iscontinuing B usiness The Elm Permanent Loan Association, o f Buffalo, which was form erly classified as a national building and loan association and has been in practical liquidation fo r many years, discontinued business. Practically all the rem aining assets o f the corporation consisted o f real estate which the shareholders believed could be more econom ically administered under the Business Corporations Law. They, therefore, form ed a corporation under that statute, in order to take over this real estate and hold it until such time as it could be profitably sold. A ssociations in L iquidation Am ong the associations whose annual statements w ill appear in the appendix to this report are the follow ing which have been in practical liquidation fo r many years and are not now engaged in active business: Elm ira M utual Building-Loan A ssociation............................................. Security Loan A ssociation .......................................................................... W estern Savings and Loan A ssociation................................................... C o-operative Building B ank....................................................................... Harlem R iver Building, Loan and Savings A ssociation....................... M ount M orris C o-operative Building and Loan A ssociation............. Elm ira. Rochester. Rochester. New Y ork. New Y ork. New Y ork. R esources by of A ssociations and D istribution C ounties The follow in g table shows the counties in which the savings and loan associations are located, their reported resources by counties, the number o f associations in each county, and the change in reported resources fo r the year: 10 A nnual B efobt of the COUNTIES B ro o m e ................................... Chautauqua.............................. Cortland.................................... Dutchess.................................... E rie............................................ Franklin................................. Genesee.................................... Greene................................... Herkimer............................. Jefferson..................................... K ings....................................... M adison.................................r M onroe...................................... Nassau....................................... New Y ork................................. Oneida................................ Onondaga................................ Ontario...................................... Orange..................................... Orleans................................... Oswego....................................... Otsego...................................... Queens....................................... Rensselaer................................. Richm ond................................. R ockland................................... St. Lawrence............................. Saratoga.................................... Schenectady.......................... Steuben..................................... Sullivan..................................... T ioga........................................ Tompkins................................ Ulster......................................... W arren....................................... W ashington............................... W estchester............................... Y ates..................................... Totals................................. Net increase...................... Number of associa tions 6 1 5 2 3 3 3 1 2 2 1 1 34 1 1 1 4 2 28 2 18 3 33 3 5 2 1 9 2 5 I 8 5 13 7 5 1 1 7 1 1 2 4 1 1 8 1 R eported R esources Increase Decrease Dec. 31,1914 Dec. 31,1915 *1,200,178 205,536 998,070 226 37 7 1,230,853 469,859 1,984,791 312,222 47,374 58,631 15,467 604,022 6,916,345 101,366 506,559 174,282 702,080 543,604 9,586,933 210,167 2,907,466 426,944 9,262,516 2,163,949 4,255,407 241,581 751,947 2,323,321 325,854 1,530 i 146 543,419 952,102 3,563,240 4,428,670 1,739,276 1,647,990 55,840 939,214 1,466,898 12,810 233,8%) 366 374,511 554,005 18,829 1,640,978 20,574 *1,220,039 199,851 1,021,7% ) 238,303 1,392,518 484,927 2,149,601 325,004 65,221 82,351 25,366 643,023 7,508,728 112,580 513,422 187,122 790,331 595318 9,128,664 217,834 3,076'750 451,182 9,972,661 2,369,273 4,500,938 235,176 842323 2,577,085 347,144 1,704'565 621,768 986,461 3,845,419 4,785,543 1,900,084 1,644,340 70,834 1,009,136 1,597,868 21,889 188,112 12,147 415,166 543,516 22307 1,754,627 20,891 251 *68,476,499 *72,419,658 *19,861 *5,685 . 23,650 11326 161,665 15,068 164,810 12,782 17,847 23,720 9,899 39,001 592,383 11,214 6,863 12,840 88^251 52,014 7,167 169^284 24,238 710,145 205,324 245'531 ........ ...• 458,269 ................ ................ 6,405 90,676 253,764 21,260 174319 78,349 34,389 282,179 356373 160,808 ................ ................ 3,650 14,994 69,922 130,970 9^079 45,718 11,781 40355 10,489 3,878 113,649 317 *4,473,375 3,943,159 .............. .. *530,216 S upebintsndent of B a sk s 11 The foregoing table shows that the two hundred fifty-one savings and loan associations o f the State are scattered over fortyseven o f its sixty-two counties. There are only fifteen counties which have no associations o f this character. Their w ide dis tribution, as w ell as the character o f their patrons, gives them a much greater comparative im portance in the financial system o f the State than their resources- would indicate. It w ill, moreover, be noticed that there are nineteen counties in the State in which the reported resources o f these mutual co-operative associations exceed one m illion dollars and in only eight counties, including counties where one or more such associations have been recently organized, are the reported assets less than one hundred thousand dollars. The rather large decrease shown in the resources o f in stitutions located in K ings county is due to the m isfortunes o f the Eagle Savings and Loan Company, and the comparatively small decreases in the reported resources o f associations located in five other counties is accounted fo r by the payment o f a large amount o f matured shares in addition to the usual withdrawals. The increase in reported resources is approxim ately the same as last year, w hile the net increase is slightly less than last year, owing to the larger decrease in K ings county. The total reported resources o f seventy-two m illion fou r hundred nineteen thousand six hundred fifty-eight dollars are larger than they have ever be fore been reported. "National and L ocal A ssociations There are so few associations left which were form erly classi fied as national building and loan associations that it is not neces sary to call attention to the distinctions upon which that classifi cation was based, although it seems to be necessary that the classi fication be retained, in order that the strictly co-operative local associations m ay receive due credit fo r the work they are doing. Three o f the associations form erly classified as national building and loan associations, including the Eagle Savings and Loan Com pany, are still engaged in active business. The other associations o f this class are in practical liquidation. The new business o f the active associations is, o f course, transacted upon the same plan as the ordinary local savings and loan associations under existing laws. 12 A nnual R epost op th e The follow in g are the associations form erly classified as na tional building and loan associations: Central Savings and Loan A ssociation.....................................................A lbany. Eagle Savings and Loan C om pany........................................................... B rooklyn. Elm ira M utual Building-Loan A ssociation............................................. Elm ira. W estern Savings and Loan A ssociation..................... ..................... R ochester. Bankers Loan and Investm ent C om pany............................................... New Y ork. C o-operative Building B ank....................................................................... N ew Y ork. C omparative T able The principal items o f assets and liabilities, receipts and dis bursements o f the associations o f the State at the close o f business December 31, 1915, together with other items o f general interest and a comparison between these items as reported by the national and local associations are shown in the follow ing table: A scsts Nationals Locals Totals Loans on bond and mortgage........................................... *2,342,716 $82,098,191 30,394 1,850,510 Loans on shares................................................................. 461,064 5,235 Stocks and bonds.............................................................. 4,000 96,000 Shares of Land Bank of the State of New Y ork .......... 23,828 333,754 Land contracts.................................................................. 1,125,313 1,323,587 Real estate......................................................................... 52,582 Cash on hand and in bamk.............................................. 2,358,619 7,365 Furniture and fixtures...................................................... 39,280 Installments due and unpaid........................................... 33,491 22,479 97,808 Interest, premium, fees and fines, due and un paid.. . . Other assets........................................................................ 16,259 97,183 *64,440,907 1,880,904 466,299 100,000 357,582 2,448,900 2,411,201 46,645 33,491 120,287 113,442 *3,630,171 *68,789,487 *72,419,658 Due shareholders, dues..................................................... *2,944,685 $56,074,585 31,043 405,252 Due shareholders, matured shares................................... 140,206 7,335,021 Due shareholders, dividends credited............................. 9,039 Balance due borrowers on mortgage loans...................... 257,577 234,300 163,650 Prior mortgages................................................................. 49,000 1,179,831 Borrowed money............................................................... 50,000 Advances by Land Bank.................................................. 78,775 1,198,641 Undivided profits.............................................................. 20,735 1,M 3,357 Guaranty fund.................................................................. 159,388 Unearned or rebatable premium..................................... 72,183 122,388 Other liabilities................................................................. $59,019,270 436,295 7,475,229 266,616 397,950 1,228,831 50,000 1,277,416 1,914,092 159,388 194,571 *3,630,171 $68,789,487 $72,419,658 Totals.......................................................................... Liabilities Totals.......................................................................... 13 S uperintendent op B anks R eceipts Nationals Cash on hapd January 1, 1915........................................ Dues received.................................................................... Prior mortgages................................................................. Money borrowed............................................................... Mortgages redeemed......................................................... Loans on shares repaid..................................................... Real estate soM................................................................. Fees received..................................................................... Fines received.................................................................... Interest received................................................................ Premium received............................................................. Rent received.................................................................... Dividends retained on withdrawal.................................. Other receipts.................................................................... $66,251 187,608 20,075 108,000 1,006,631 19,506 111,369 72 889 124,215 16,235 53,786 11,381 M l, 211 Locals Totals $1,869,533 18,549,537 27,450 3,394,421 7,782,437 1,930,298 272,673 , 34,334 35,836 3,456,906 273,266 58,144 61,488 599,686 $1,935,784 18,737,145 47,525 3,502,421 8,789,068 1,949,804 384,042 34,406 36,725 3,581,121 289,501 111,930 72,869 800,897 Totals.......................................................................... $1,927,229 $38,346,009 $40,273,238 D isbursements Limned on mortgages........................................................ Loaned on shares.............................................................. Payments to shareholders before maturity, dues.......... Paid matured shares......................................................... Payments to shareholders, dividends withdrawn........ Cash dividends paid on income and accumulative prepaid shares'..................................................................... Paid borrowed money and prior mortgages................. Paid interest on borrowed money and prior mortgages.. Paid for real estate........................................................... Paid advertising, printing and postage........................... Paid rent............................................................................ Paid repairs to real estate................................................ Paid taxes, insurance, e tc......................... ...................... Other disbursements......................................................... Cash on hand December 31, 1915................................... Totals.......................................................................... $395,818 $11,694,671 25,544 2,056,248 509,117 12,141,030 4,713 3,912,058 84,770 998,971 44,839 301,475 24,344 137,300 28,121 4,646 8,168 19,554 23,221 263,017 52,582 $12,090,489 2,081,792 12,650,147 3,916,771 1,083,741 281,0)1 3,403,192 78,094 376,323 273,083 34,143 37,650 22,448 45,523 632,055 2,358,619 326,740 3,704,667 102,438 513,623 301,204 38,789 45,818 42,002 68,744 895,072 2,411,201 $1,927,229 *38,346,009 *40,273,238 M iscellaneous I tems Shares in force January 1, 1915....................................... Shares issued during the year.......................................... Shares withdrawn duirng the year.................................. Shares in force December 31, 1915................................. Borrowing members.......................................................... Shares held by borrowing members................................. Non-borrowing members.................................................. Shares held by non-borrowing members......................... Female shareholders*........................................................ Shares held by fem ales*................................................... Dividends credited on i istallaient shares during the year................................................................................. Dividends credited or paid in cash on other shares during the year.............................................................. 139,463 6,883 20,473 125,873 522 16,193 5,860 109,680 2,663 43,781 1,519,938 404,277 315,361 1,608,854 34,727 432,993 138,271 1,175,861 62,003 425,487 1,659,401 411,160 . 335,834 1,734,727 35,249 449,186 144,131 1,285,541 64,666 469,288 *14,620 $2,427,938 *2,442,558 $51,566 $590,088 $641,654 ♦Sixteen associations did not report in regard to three items. 14 A nnual R eport of th e M iscellaneous Items — Concluded Nationals Locals Filed and unpaid withdrawals December 31, 1915___ $560,551 $109,860 Shares matured during the year...................................... $4,713 $3,854,566 Operating expenses for the year, paid............................. $46,344 $387,553 Operating expenses for the year, unpaid........................ $1,629 Amount o f mortgages on property in this State.......... $2,317,448 $58,161,134 Number of foreclosures commenced in 1915.................. 175 123 Number of foreclosures completed in 1915..................... 11 128 Number of parcels of real estate acquired in 1915 by foreclosure or settlement of loans............................. 30 112 C omparisons and I tems of Totals $670,411 $3,859,279 $433,897 $1,629 $60,478,582 298 139 142 S pecial I nterest W hile the total assets o f all associations at the close o f the year were seventy-two m illion fou r hundred nineteen thousand six hun dred fifty-eight dollars, an increase o f three m illion nine hundred forty-three thousand one hundred fifty-nine dollars, the local asso ciations alone reported assets amounting to sixty-eight m illion seven hundred eighty-nine thousand fou r hundred eighty-seven dollars, showing an increase o f fou r m illion five hundred forty thousand nine hundred eighty-four dollars, or over seven per cent. The total membership o f the associations was one hundred seventy-nine thousand three hundred eighty, an increase o f seven thousand one hundred thirty-three. The total membership o f the local associations was one hundred seventy-two thousand nine hun dred ninety-eight, an increase o f seven thousand six hundred eighty-five. The national associations had two thousand six hundred sixtythree fem ale shareholders who were the owners o f forty-three thou sand seven hundred eighty-one shares and the local associations had sixty-two thousand and three fem ale shareholders holding fou r hundred twenty*five thousand fou r hundred eighty-seven shares. There were sixteen local associations which did not report the number o f fem ale shareholders. The statement with reference to matured shares is o f particular interest to those who remember the charges once made by oppo nents o f the system that the members o f such associations would net continue their payments until m aturity, except possibly in tha ease o f borrow ing members. S uperintendent op B anks 15 D uring the past five years, the associations o f the State have paid matured shares to the amount o f fourteen m illion fou r hun dred fifty-seven thousand and seventy dollars. D uring the last year, they paid matured shares amounting to three m illion nine hundred sixteen thousand seven hundred seventy-one dollars, which is the largest amount ever paid in a single year. The local associa tions alone paid matured shares to the value o f three m illion nine hundred twelve thousand and fifty-eight dollars. I t was also alleged that i f any considerable number o f shares should be matured at the same tim e by a small local association, the institution would be seriously embarrassed. D uring the past year, a small local association which commenced business in 1902, and at the close o f the previous year had total reported resources o f less than two hundred thirty-four thousand dollars, paid matured shares amounting to nearly eighty-eight thousand dollars. Its affairs were so managed that, although it also made loans amounting to over forty-eight thousand five hundred dollars and paid withdrawals o f over six thousand dollars, it was only com pelled to borrow fifteen thousand dollars and had repaid a portion o f this amount at the close o f the year. It still had on hand savings bank securities, readily salable, having a market value o f approxim ately seventeen thousand dollars. The withdrawals paid during the year amounted to thirteen m illion seven hundred thirty-three thousand eight hundred eightyeight dollars, o f which amount thirteen m illion one hundred forty thousand and one dollars was paid by the local associations. The holders o f income and accumulative prepaid shares also received in cash during the year three hundred twenty-six thousand seven hun dred forty dollars. The total payments' o f the associations to their own members during the year, therefore, amounted to seventeen m illion nine hundred seventy-seven thousand three hundred ninetynine dollars, or considerably m ore than one-fourth o f their total resources at the beginning o f the year. W hen it is remembered that these associations are not required to maintain a cash reserve and keep their funds closely invested, this showing is rather re markable. A t the end o f the year, moreover, the .associations o f the State had on hand cash to the amount o f over tw o m illion four hundred thousand dollars, nearly double the amount o f borrowed money. 10 A nnual R eport op this Such associations have no capital, except such as is contributed by the members, and, in order to protect the shareholders from loss, they have, fo r a number o f years, been required to contribute a small percentage o f their net earnings to a guaranty fu n d before the declaration o f dividends. The total amount o f the guaranty fund o f the local associations, thus gradually accumulated, at the close o f the last fiscal year amounted to one m illion eight hundred ninety-three thousand three hundred fifty-seven dollars. The guaranty fund cannot be used fo r the payment o f dividends or expenses, but is charge able w ith any losses which an association m ay sustain. The undivided profits o f the local associations at the close o f the year amounted to one m illion one hundred ninety-eight thou sand six hundred forty-one dollars, giving them a total surplus o f three m illion ninety-one thousand nine hundred ninety-eight dol lars, or fou r and eighty-four hundredths per centum o f the dues and dividends credited to members, an increase during the year o f nearly three hundred thousand dollars. The surplus o f all asso ciations, including the so-called nationals, was three m illion one hundred ninety-one thousand five hundred eight dollars, or fou r and seventy-six hundredths per centum o f the dues and dividends credited to members. E arnings, E xpenses and D ividends The principal items o f earnings and o f expenses o f the two classes o f associations are shown in the follow ing table, together with totals: E abmimqs Nationals $72 889 124,215 16,235 53,786 11,381 Totals................................... .. Locals Totals $34,334 35,836 3,456,906 273,286 58,144 61,488 $34,406 36,725 3,581,121 289,501 111,930 72,869 $206,578 | $3,919,974 $4,126,552 IT SUFEBINTENDENT OF BAN KS E xpenses Nationals Locals Totals Paid interest on borrowed money and prior mortgages.. Paid salaries and clerk hire.............................................. Paid advertising, printing and postage........................... Paid rent............................................................................ Paid repairs to real estate................................................ Paid taxes, insurance, e tc................................................ Miscellaneous operating expenses.............. ..................... 924,344 28,121 4,646 8,168 19,554 23,221 5,409 $78,094 273,083 34,143 37,650 22,448 45,523 44,306 $102,438 301,204 38,789 45,813 42,002 68,744 49,715 Totals......................................................................... $113,463 $535,247 $648,710 Net earnings...................................................................... $93,115 $3,384,727 $3,477,842 It is, o f course, impossible in a general table o f this character to include all items, either o f profit or o f expense, as a consider able diversity in the business methods o f different associations still exists. The total earnings shown by this table were three m illion four hundred seventy-seven thousand eight hundred forty-tw o dollars, o f which three m illion three hundred eighty-four thousand seven hundred twenty-seven dollars constituted the profits o f the local associations. The accumulated capital o f the local associations at the beginning o f the year was fifty-nine m illion five hundred eighty-nine thousand and forty-nine dollars, so that their net earnings were nearly, five and seven-tenths per centum o f their accumulated capital. So large a proportion o f the national associations were in practical liquidation, having small profits and proportionately large expenses, that a calculation o f their earnings would be o f little value, but the net earnings o f all the associations o f the State, including national associations, amounted to over five and one-half per cent, o f their accumulated capital. D ividends from earnings were credited by two hundred thirty-one o f the two hundred forty-five local associations upon their regular installment shares at an average rate o f five and forty-fou r hundredths per cent. The dividends credited by one hundred thirteen o f the local associations on other classes 18 A nnual R epoet op th e o f shares averaged fou r and fifty-seven hundredths per cent. The three national associations not in liquidation credited dividends to the holders o f installment shares at the average rate o f ap proxim ately five per centum per annum and credited the holders o f other classes o f shares with dividends at the average rate o f approxim ately fou r and one-third per centum per annum. The operating expenses o f such associations, as defined by stat ute, are essentially expenses o f management. The total operating expenses o f the local associations during the year were three hun dred eighty-nine thousand one hundred eighty-two dollars, or six dollars and fifty-three cents fo r each thousand dollars o f the capital accumulated by members at the beginning o f the year. The operating expenses o f all associations amounted to fou r hun dred thirty-five thousand five hundred twenty-six dollars, or six dollars and ninety cents fo r each thousand dollars o f capital ac cumulated at the same date. The total resources o f all the associations at the close o f the year amounted to seventy-two m illion fou r hundred nineteen thousand six hundred fifty-eight dollars, and the total resources o f the local associations to sixtyeight m illion seven hundred eighty-nine thousand fou r hundred eighty-seven dollars, so that i f these total resources are used as the basis o f com parison, the operating expenses o f all the associa tions o f the State would be six dollars and one cent fo r each thousand dollars o f reported resources and the operating expenses o f the local associations five dollars and sixty-five cents fo r each thousand dollars o f resources. A mendments to the L aw The present law o f this State, providing fo r the organization, conduct and supervision o f local savings and; loan associations is so satisfactory that no amendment to it appears to be necessary at the present time. V arious amendments, however, which directly af fect these associations and which have the approval o f this depart ment, are pending before the Legislature. B y one o f these amend ments, the Land Bank o f the State o f N ew Y ork is authorized to make loans to any savings and loan association, whether a member S uperintendent of B anks 19 association or not, upon its prom issory notes without, collateral. B y another, the savings hanks are authorized to make loans to sav ings and loan associations which have been in existence fo r three years and have an accumulated capital o f at least fifty thousand dollars in the same manner. It is very proper that the purpose o f the Land Bank o f the State o f Hew Y ork should be emphasized by enabling it to be o f assist ance to the local associations fo r whose benefit it was organized, even when they have not taken advantage o f the privileges ac corded them, by becom ing members, i f it can do so with safety. The first impression o f those who are not fu lly inform ed with reference to the laws governing savings and loan associations is that an investment in the prom issory notes o f a savings and loan association without collateral might he unsafe and unw ise; but, there are few investments that are better secured than the prom is sory notes o f such an association when its general indebtedness has been kept w ithin the legal lim it o f twenty per centum o f ac cumulated capital placed by statute upon its borrowing power. A ll prior mortgages, liens or incumbrances upon the real estate owned by an association or upon whieh it has made mortgage loans must, moreover, be included in and counted as a part o f this item o f borrowed money. I t is very rarely that any association has even approxim ated this lim it. In fact the general indebted ness o f the local associations o f the State, including in the debt all prior mortgages upon real estate owned by them or upon real estate on which they have made loans, whether such prior m ort gages have been assumed or not, is hut slightly in excess o f two per cent, o f their accumulated capital and the total indebtedness o f all associations o f the State, including all such prior mortgages, Hens or incumbrances, is less than two and one-half per cent, o f their accumulated capital. The courts o f this State have always held that the members o f such associations sustain a partnership relation to each other and that, in case o f liquidation, they can receive nothing whatever upon their shares until all general indebtedness has been paid. In fact, as to such general indebtedness, they stand in exactly the same relation as the stockholders o f a stock corporation. 20 A nnual K efobt of th e Institutions loaning m oney upon good security require a m argin o f twenty per centum, or one-fifth, over and above the amount loaned, but as a result o f the application o f the legal principles referred to, even in the case o f an association with assets barely equal in value to the accumulated capital o f its shareholders, a loan to it is secured by a m argin o f fou r hundred per centum over and above the amount loaned. In other words, the value o f the property which is held fo r the benefit o f members, subject to its payment, is five times the amount o f the loan. A s m ore or less o f the personal element enters into contracts between such associations and their members and the bonds and mortgages given by members upon the ordinary savings and loan plan are o f such a character that the contract on the part o f the association could not be executed by the ordinary corporation or by an individual, the mortgages have not been considered assign able, although an assignment to the Land Bank fo r special pur poses is now authorized by statute. It would, therefore, appear to be both unnecessary and anomalous fo r a general creditor to require from a savings and loan association an assignment o f a small amount o f its assets when he has what is practically a lien upon all o f them. W ith the increase in the available fund o f savings banks au thorized by the recent revision o f the Banking Law, they have greater need than ever before o f short-time investments o f an ab solutely safe character. The organization o f most savings banks, adapted to the investment o f the vast sums which they have accu mulated, does not perm it o f the m inute investigation o f the small, and when considered individually, com paratively petty real estate loans which form the principal assets o f the savings and loan asso ciations. On the other hand, the organization o f the savings and loan associations is peculiarly adapted to this business and enables them to make loans o f this character with the utmost safety. There is no real conflict between the two systems, and, so long as the prom issory notes referred to afford such exceptional se curity, there would seem to be no good reason why these two mutual systems should not supplement each other in the good work which each is accomplishing. 21 SUPERINTENDENT OP BANKS Credit U nions The reports o f credit unions w ill hereafter he published in the same part o f the annual report to the Legislature which has here tofore been confined to savings and loan associations only. This is em inently proper, fo r the reason that they constitute the only other class o f institutions conducted upon a strictly co-operative basis, savings banks being mutual institutions but not co-operative. Credit unions are designed to enable farm ers, by co-operation, to obtain small loans fo r productive purposes on personal credit and to enable weekly wage-earners o f all classes, by the same method, to avoid the exactions o f the loan sharks. The first credit unions upon this continent were organized in Canada and were modeled largely upon the Raiffeisen banks o f Germany. In this country, their organization was first author ized in the State o f Massachusetts. The provisions o f the Bank ing Law with reference to credit unions were adapted from these prior statutes, although m odified by experience with our own co operative system o f savings and loan associations. The result is believed by students o f this subject to be highly creditable to the State and our statute is to considerable extent being used as a model fo r such credit legislation in various parts o f the country. N o other provisions o f the recent revision o f the Banking Law, except the provisions with reference to the Land Bank o f the State o f N ew Y ork have aroused as great interest or caused so many in quiries to be received from w idely scattered states. Seventeen credit unions are now engaged in business in this State. F ifteen o f them were organized during the past year. W hile it is not expected that corporations o f this character w ill ever transact business upon a large scale and none o f them have been in existence fo r a sufficient length o f tim e to enable us to fu lly comprehend their possibilities, it seems probable that the business as a whole m ay attain large proportions and that individual credit unions may become even larger than is now deemed probable. D uring the short tim e o f its existence, one o f these associations has already accumulated resources o f over twenty-one thousand dollars. 22 A nnual R epobt op S upebintendent op B anks The names and addresses o f the credit unions organized during the past year are as follow s: C nsorr U nions Certificate approved Date of authorisation Jan. 11,1915 Jan. 28,1915 Jan. 26,1915 Feb. 10,1915 Jan. 25,1915 Jan. 11,1915 New Y ork................ Feb. 25,1915 M arx & Rawolle Employees’ Credit U nion.. Brooklyn.................. Mar. 1,1915 Amkanko Credit Union................................. M ay 27,1915 June 24,1915 Grocers’ Credit Union................................... June 15,1915 Borough of Brooklyn Credit Union............. Prosperity Fund Credit Union, T he............ New Y ork................ July 27,1915 Fraternal Credit Union................................. Sept. 3,1915 Credit Union o f the Employees of John Wanamaker, New York, In c.................... Oct. 26,1915 Oct. 22,1915 Equitable Credit Union................................. Dec. 17,1915 Centreville Station Co-operative Credit U nion........................................................... Centreville Station. Nov. 24,1915 Feb. 19,1915 M ar. 13,1915 Mar. 24,1915 M ay 13,1915 June 3,1915 July 21,1915 July 22,1915 N ov. 3,1915 N ov. 8,1915 Location NAM E M etropolitan Credit Union........................... Mutual Investment Credit Union of New New Y ork................ Co-operative Credit Union........................... W hile ments to thus fa r proposed N ov. 12, 1915 N ov. 15,1915 D ec. 28,1915 D ec. 30,1915 experience m ay demonstrate the need fo r some amend the statute with reference to credit unions, the law has met with general approval and no amendments w ill be by this department at the present time. C onclusion The reports o f the various institutions to which this chapter relates wiE be published in the appendix, in slightly abbreviated form , together with summaries o f their resources and liabilities, receipts and disbursements. The appendix w ill also contain a table giving the names, loca tions, dates o f organization and dates o f liquidation, i f closed, o f all savings and loan associations which have at any tim e reported to the Banking Department. R espectfully submitted, EUGENE LAMB RICHARDS, Superintendent o f Banks. APPENDIX LIST OF Savings and Loan Associations That have Reported to the Banking Department or have been Organized or Authorized under the Banking Law F r o m 1875 t o 1915 Including Building Lot Associations N ote .— T he associa tion s w hose nam es are prin ted in S m all Ca ps closed before 1890. The a ssocia tion s w hose nam es are prin ted in Ita lics closed a fte r 1880. T he association s w hose nam es are printed in R om an are in existence a t th is date, January 1, 1916. 125] tO LIST OF SAVIN G S A N D LO AN ASSO CIATIO N S Location. NAM ES OF ASSOCIATIONS. Organised. First report for year. April 9,1884 1889 New New New New New Y ork............................. Y ork............................. Y ork............................. Y ork............................. Y ork............................. June 8,1888 Aug. 13,1889 M ar., 1888 April 19,1888 M ay, 1884 1888 1889 1890 1888 1889 Binghamton.......................... Binghamton.......................... Binghamton.......................... 1891 1875 1887 Binghamton.............. *.......... M ay 22,1891 Mar. 15,1875 April 2,1886 M ar. 1,1894 June 24,1889 CATTARAUGUS COUNTY. Gowanda Co-operative Savings and Loan Association....................... Oban Building, Loan and Savings Association.................................... Salamanca Loan and Building Association........................................... Gowanda............................... Olean..................................... Salamanca............................. Oct. 5,1889 Feb. 1,1892 Sept., 1882 1890 1892 1884 CHAUTAUQUA COUNTY. Chautauqua First Equitable Building Society......................................... Chautauqua National Building, Loan and Savings Association............ Dunkirk Savings and Loan Association................................................ Jamestown Co-Operative Savings and Loan Association......................... Jamestown Permanent-Loan and Building Association $....................... Jamestown............................ Jamestown............................ Dunkirk................................ Jamestown............................ Ja mestown............................ N ov. 1,1881 M ay 13,1891 April 1,1889 Nov. 22,1881 Nov. 22,1881 1881 1891 1890 1894 1883 BROOME COUNTY. Binghamton and Washington Land Company........................................ C atholic B uilding and Loan F und Association........................... Co-operative Building and Loan Association of Binghamton, N. Y .. Deposit Savings and Loan Association.................................................... Home Mutual Loan and Savings Association of Binghamton, N. Y .. 1889 1893 *1881 1894 1895 1902 1901 $1894 L oan A ssociations Alfred.................................... BRON X COUNTY. Eureka Co-operative Savings and Loan Association........................... Model Building and Loan Association of M ott Haven....................... Mount Saint Vincent Co-operative Building and Loan A ssociation.. North New York Co-operative Building and Loan Association......... Tremont Building and Loan Association.............................................. *1876 *1876 *1878 *1877 *1877 ***Oct. 11, 1905 and ALLEGANY COUNTY. Alfred Mutual Loan Association............................................................ *1876 Moh. 28, 1913 Savings Albany................................... M ay 7,1888 Albany.................................. Deo. 81,1888 Albany.................................. Jan. 29,1889 1868 Albany.................................. 1869 Albany.................................. 1868 Albany.................................. *i888 fl892 on 1.873 Albany.................................. Albany................................... July 15,1890 Voorheesville........................ M ay 19,1913 Albany.................................. Feb. 4,1889 1892 1888 1891 1891 1891 1876 1888 1889 1890 1875 1875 1875 1875 1875 1890 1913 1890 Albany................................... Oct. 11,1892 Albany................................... N ov. 5,1888 1890 Albany................................... D ec., Albany................................... Feb. 16,1891 A lbany.................................. Feb. 16, 1891 Closed. R eport ALBAN Y COUNTY. Albany County Savings and Loan Association o f Albany, N. Y ........ A lbany Savings and Loan A ssociation............................................ Centred Savings and Loan Association................................................... Central Savings and Loan Association)j||.............................................. Commended Union Cooperative Bank.................................................... G bbman Savings ans B uilding F und A ssociation, N o. 8 ............ Homestead Savings and Loan Association o f Albany, N . Y.................. Permanent Savings and Loan Association of Albany, N. Y ............... Safety Building-Loan and Savings Association o f the City of Albany Savings and B uilding F und A ssociation, N o. 4 ............................ Savings and B uilding F und A ssociation, N o . 5 ............................ Savings and B uilding F und A ssociation, No . 6 ............................ Savings and B uilding F und A ssociation, N o . 7 ............................ Savings and B uilding F und A ssociation, N o. 9 ............................ United States Building, Mutual Loan Accumulating Fund Association. Voorheesville Savings and Loan Association........................................ West End Savings and Loan Association.............................................. ds of A ssociations L ist 1891 Feb. 13,1891 Dunkirk....... Lake Shore Savings and Loan Association........................ 1896 1890 Aug. 5,1890 Jam estow n.. Scandinavian Building and Loan Association..................... 1909 April 15,1909 Silver Creek. Silver Creek Co-operative Savings and Loan Association. CHEMUNG COUNTY. April, 1875 1875 Elmira. Chemung Valley M utual Loan A ssociation!..................... 1888 May 28,1888 Elmira. Elmira Co-operative Savings and Loan Association......... •1878 1875 May 1,1872 Elmira. Elmika B uilding and Loan Association....................... 1893 April 18,1893 Elmira. Elmira Mutual Building-Loan Association....................... i893 1891 Sept., 1891 Elmira. Queen City Homestead Association...................................... CHENANGO COUNTY. 1888 April 24,1888 Norwich. Chenango Co-operative Savings and Loan Association... *1910 July 23,1897 1897 O xford .. Oxford Co-operative Savings and Loan Association............. COLUMBIA COUNTY. M ar. 4,1905 Dec., 1875 1876 Hudson................ Hudson Building and Loan Association.............................. 1911 April 20,1911 Hudson................ Hudson Savings and Loan Association.............................. Jan. 1,1881 1881 Stuyvesant Falls. Stuyvesant Falls Building and Loan Association.............. CORTLAND COUNTY. 1895 Mar. 28,1895 Marathon. Century Co-operative Savings and Loan Association. 1911 July 31,1911 C ortland.. Dime Savings and L oan Association. DELAWARE COUNTY. 1907 Oct. 11.1907 W alton. Walton Co-operative Savings and Loan Association (T he). DUTCHESS COUNTY. 1888 April, II1888 Poughkeepsie. Home Co-operative Savings and Loan Association............ *1882 1882 T own of Fishxill B uilding and Loan A ssociation. . . ERIE COUNTY. ***1902 1890 Jan. 13,1890 Buffalo. Acme Savings and Loan Associationf t .................................. 1893 1890 1887 Buffalo. Adams Savings and Loan Association................................... *1875 1875 Mar. 21,1872 Buffalo. E tna Loan and A ccumulating F und Association Oct. 23, 1889 1890 Buffalo. E tn a Permanent Savings and Loan Association................ *1878 1875 June 3,1874 Buffalo. A llemania Savings and A id A ssociation....................... $11900 Mar. 27,1890 1890 Buffalo. Amherst Savings and Aid Association................................... Feb. 8, 1909 1900 Mar. 27,1890 Buffalo. Amherst Savings and Loan A ssociation !!............................ *1879 April 11,1876 1876 Buffalo. A micable Savings and A id A ssociation......................... *1879 1875 Mar. 16,1875 Buffalo. A uhoba Savings and A id A ssociation............................. 1896 1890 April 2,1888 Buffalo. Bavaria Mutual Permanent Savings and Loan Association.. *1875 1875 Deo. 6,1872 Buffalo. B avaria Street A iding and A ccumulating Society. .. 1895 1893 1889 Buffalo. Black Rock Capital Savings and Loan Association............... 1890 April 7,1890 Buffalo. Black Rock Mutual Home and Savings Association.......... ................. i.892 1890 Jan. 1,1890 Buffalo. Bristol Permanent Dime Savings and Loan Association. 1893 1890 Feb. 27,1890 Buffalo. Broadway Dime Permanent Savings and Loan Association......................................... **1894 1894 Mar. 31,1891 Buffalo. Broadway Market Dime Permanent Savings and Loan Association............................ 1893 1890 Jan. 8,1890 Buffalo. Buffalo Building and Loan Association......................................................................... *1875 1875 Buffalo. B uffalo C ity Savings and M utual Benefit F und A ssociation....................... *1893 1890 1890 Buffalo. Buffalo Dime Savings and Loan Association............................ ................................... **• Receiver appointed, * The last report received was for that year. ** Consolidated with Prince Albert Permanent Savings and Loan Association, $ Formerly Jamest Consolidated with W est End Savings and Loan Association. ft Formerly Globe Permanent Dime Savings and Loan Association, a. v. town Permanent Loan and Building Association, 3. v. Reorganized December 17, 1894. || Name changed to Amherst Savings and Loan Association March 19, 1896. f f Formerly Am1900. 5 Reorganised as Jamestown Co-operative Savings and Loan Association, December 17, 1894. ! Reorganised October 7, herst Savings ana Aid Asso^ation, a- ». ||Reincorporated July 9, 1895. (HI Formerly Commercial Union Co-operative Bank. fcO NAMES OF ASSOCIATIONS. Savings and bo oo L oan A ssociations — ( Continued). Location. Organized. Buffalo................................... June 21,1887 Feb. 20,1881 April 12,1879 E R IE COUNTY — (Continued}. Buffalo....... ........................... Buffalo.................................. M ar. 31,1893 Jan. 28,1890 Buffalo................................... Aug. 10,1904 Feb. 9,1874 1888 Buffalo................................... April, M ay 22,1880 Feb. 22,1876 Buffalo.................................. June 6,1890' July 1,1885 M ay 31,1887 Buffalo................................... Aug. 4,1884 Buffalo................................... Sept. 3,1878 N ov. 24,1891 M ar. 2,1891 Buffalo................................... April 12,1878 Buffalo................................... Buffalo................................... Buffalo.................................. M ay, 1870 Buffalo................................... Feb. 3,1890 Buffalo................................... April 30,1890 Buffalo................................... Buffalo................................... Buffalo................................... Sept. 7,1876 Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... C oncordia Savings and Aid A ssociation! N o. 3 ........................................................... Buffalo................................... M ay i , i894 Mar. 22,1897 Aug. 4,1869 April 1,1876 Oct. 4,1870 M ay 24,1873 First report for year. 1890 1890 1890 1875 1875 1893 1890 1904 1875 1890 1890 1876 1876 1890 1890 1875 1890 1877 1890 1890 1878 1892 1891 1878 1878 1877 1875 1890 1875 1890 1894 1890 1875 1876 1875 1875 1876 1875 1875 Closed. 1892 Feb. 24, 1912 1896 *1875 *1875 ttl901 *1890 May 22,1908 *1875 July 25,1894 *1877 *1878 1892 1897 *1875 1892 *1878 11892 Dec. 17,1894 *1879 1894 *1892 , , *1878 *1877 *1875 1891 *1878 1897 Dec. 1,1905 1892 *1877 *1879 *1875 1895 1897 *1875 *1880 *1876 *1875 MO of S O N IA V g L ist of A ssociations L ist *1879 1876 June 7,1876 Concordia Savings and A id A ssociation, Ho. 3..................... 1892 1890 Buffalo................................... Dec. 2,1889 Connecticut Permanent Savings and Loan Association................. 1913 M ay 14,1913 Co-operative Savings and Loan Association of Hamburg, T h e .. 1902 1890 Oct. 16,1886 Buffalo. 7............................. Court Street Permanent Savings and Loan Association.................. *1875 1875 July 26,1872 D elaware Savings and A id Society ........................................ 1895 Aug. 14,1895 Depew Co-operative Savings and Loan Association.................... 1899 1890 B uffalo.................................. Jan. 22,1889 Dime Accumulating Savings and Loan Association....................... *1875 1875 E agle A id and A ccumulating A ssociation............................. *1876 1875 E agle Savings and Aid A ssociation......................................... N ov. 18, 1905 1892 Dec. io , is o i Bast Aurora Savings and Loan Association................................... 1893 1891 N ov. 22,1891 Bast Buffalo Dime Savings and Loan Association............ . . . . . . . 1894 1891 Buffalo................................... Sept. 11,1888 Bast Buffalo People’s Permanent Savings and Loan Association. •1878 1876 E ast B uffalo Savings and A id A ssociation........................... 1913 June 24,1913 Buffalo.................................. East Buffalo Savings and Loan Association................................. 1893 1890 Buffalo................................... April 11,1888 Bast Buffalo Stock and Building Association................................ •1877 1875 E astern Savings and A id A ssociation..................................... 1894 April 19,1894 East Side Serial Savings and Loan Association............................ 1894 1892 Buffalo................................... Jan. 2,1887 Economy Permanent Savings and Loan Association..................... 1897 1895 Buffalo................................... Nov. 1,1895 Electric City Co-operative Savings and Loan Association.............. •1877 1875 B u ffa lo................................. E lk Street Savings and A id A ssociation............................... 1889 Mar. 18,1889 E llicott Permanent Savings and Loan Association....................... •1878 1878 Buffalo.................................. April 6,1878 E llicott Savings and Loan A ssociation................................. 1892 1890 Feb., 1882 Ellicott Street Permanent Mutual Loan Association..................... 1915 1890 Sept. 22,1879 Blm Permanent Loan Association.................................................... *1876 1875 E mslie Savings and A id A ssociation........................................ 1892 1890 April 3,1888 Enterprise Savings and Loan Association...................................... ttl89 9 1890 Feb. 27,1890 Equitable Savings and Loan Association................. . .................... 1902 1890 O ct., 1888 Buffalo.................................. Erie County Permanent Savings and Loan Association................ *1875 1875 E rie C ounty Savings and H elping F und A ssociation......... 1889 Dec. 21,1883 Erie Savings and Loan Association................................................ *1875 1875 Buffalo.................................. Aug. 6,1870 Excelsior Savings and A id A ssociation................................. *1878 1878 Buffalo................................... Mar. 10,1877 Excelsior Savings and H elping F und Association, N o. 2.. 1901 1890 M ay, 1889 Buffalo................................... Perry Savings and Aid Association................................................ ttl89 6 1890 Mar. 4,1890 Fifth Ward Permanent Dime Savings and Loan Association. . . . *1879 1878 B u ffa lo ................................. F irst W ard Savings and A id A ssociation............................... 1897 1890 Buffalo................................... Dec. 2,1889 Forest Avenue Independent Savings and Aid Association, No. 2.. 1892 1890 M ay, 1889 Forest Permanent Savings and Aid Association............................ *1877 1875 April 17,1871 Buffalo.................................. Fourth W ard Savings and A id A ssociation........................... 1896 1890 July, 1884 Buffalo.................................. Fourth Ward Savings and Aid Association.................................... *1878 1878 F ranklin M utual Loan A ssociation....................................... •1876 1875 Jan. 5,1871 F ranklin Savings and A id A ssociation................................... 1891 Buffalo................................... M ay 27,1891 Freehold Savings and Loan Association........................................ *•1895 1890 Buffalo.................................. July 1,1890 Front Avenue Savings and Loan Association................................. •1877 1877 Mar. 7,1877 F rontier L oan and A ccumulating F und A ssociation.......... *1875 1875 Buffalo ........................... F rontier Savings and A id A ssociation................................... M ay 5,1891 1890 Buffalo ......................... Frontier Savings Fund and Aid Association.......... 1897 1891 Buffalo................................... April 28,1891 Frontier Savings Fund and Aid Association.......... « The last report reeei-ved was for that year. ** Amalgamated with Irish-Ameriean Savings and Loan A ^ociation. t Consolidated with Richmond Avenue Permanent Dime Savings and Loan Association. t t Reeeiver appointed. t Did not report for year 1896. ,. ^ ^Lier of Savings and Loan Association, q. v. t Attempted revival of St. Joseph’s Street Permanent Savings and Loan Association of Rochester, q. v., closed by order ot the Superintendent of Banks in 1897. tsO CO CO L ist o r Savings and NAMES OF ASSOCIATIONS. Organised. Jan. July M ay Jan. Jan. Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... B uffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo......................... -........ June 1,1890 13,1890 1,1886 28,1888 7,1889 1,1890 Feb. 5,1873 M ay 7,1885 Sept. 16, i.882 Oct. 6,1870 June 4,1890 Jan. 31,1884 M ay 1,1890 M ay 5,1890 M ay 29,1883 Feb. 19,1881 • • • • • • • • • • .• June 24,1891 July 21,1875 April 4,1884 Sept. 30,1890 Dec. 24,1914 ................................... *1878 *1873 *1878 1883 1893 |1892 §1892 1898 ....................i895 *1875 *1875 11894 *1878 ffl8 9 8 ***D ec. 22,1906 tttl9 0 3 *1878 *1878 *1876 1895 *1876 Feb. 27,1912 ................ i894 M ay 2,1895 1893 .............. *1875 .............. *i877 ........... tti89 4 .......... <1877 L oan A i Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Hamburgh............................. 1890 1875 1914 1875 1875 1876 1892 1890 1891 1890 1892 1898 1891 1875 1875 1892 1876 1890 1890 1890 1889 1890 1875 1875 1890 1875 1890 1875 1890 1890 1890 1890 1890 1890 1875 1892 1876 1885 1890 1915 1877 and M ar. 20,1890 Mur. 14,1871 Oct. 26,1914 June 5,1873 June 1,1869 M ay 8,1876 1890 July 1,1890 1890 Oct. 1,1890 Oct. 1,1890 Aug. 4,1898 May 13,1878 July 6,1869 Closed. Savings Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffalo................................... Buffido................................... First report for year. oh Location. R eport ERIE COUNTY — {Continued). Genesee Permanent Dime Savings and Loan Association............................... Genesee Savings and A id A ssociation...................................................... Genesee Street Savinas and Loan Association............................................... G bobgb M dllenbebg Savings and H elping F und A ssociation............ G bobgb W ashington Savings and H elping F ond A ssociation............. Gbobgb W ashington Savings and H bdping F ond A ssociation, No. 2. German-American Dime Savings and Loan Associationf . ............................. German^A merican Permanent Savings and Loan Association....................... Gorman-American Savings and Loan Association............................... Goman Central Dime Permanent Mutual Savings and Loan Association... German Central Permanent Dime Mutual Loan and Savings Association ||.. German Co-operative Savings and Loan Association................................... Germania Permanent Mutual Loan Association............................................. G bbman Savings and A id A ssociation....................................................... G bbman National Savings and A id A ssociation. ................................... German Permanent Dime Savings and Loan Association.............................. G bbman Savings and A id A ssociation....................................................... Glebe Permanent Dime Savings and Loan Association.................................. Glebe Savings and Loan Association................................................................ Goodeil Permanent Loan Association............................................................. Guilford Savings and Loan Association* * ........................................................ Hamburgh Savings and Loan Association...................................................... H asmony Savings and Aid A ssociation..................................................... H elvetia Savings and A id A ssociation..................................................... Hercules Permanent Savings and Loan Association...................................... H ickobt Savings and A id A ssociation..................................................... High and Peach Savings and Loan Association.............................................. H igh S tbbbt Savings and A id Association............................................... Home Dime Savings and Loan Association..................................................... Homestead S aving and Lean Atsociation............................................ ..... Howard and Watson Street Permanent Dime Savings and Loan Association Howard Dime Savings and Loan Association................................. ................ Howard Mutual Savings and Loan Association.............................................. Hydraulic Mutual Savings and Lean Association......................................... H tdraulic Savings and A id A ssociation.................................................. Industry Permanent Dime Savings and Loan A ssociation......................... I nternational Loan and A ccumulating F und A ssociation................. Irish-American Savings and Loan A ssociation.. ........................................... Iroquois Permanent Dinte Savings and Loan Association............................. Italian American Savings and Loan Association........................................... Jbepebson and C unton Loan and A ccumulating F und Association. . o L oan A ssociations — ( Continued) of A ssociations L ist 1894 1890 Sept. 10,1888 Jefferson Permanent Dime Savings and Loan Association...................... 1915 M ay 27,1915 Jefferson Savings and Loan A ssociation................................................ *1875 1875 Buffalo................................... Jefferson Savings and A id Association........................................... 1893 April ie , i.883 1890 Johnson Permanent Savings and Loan Association................................. *1880 Feb. 24,1880 1880 K rettneb Permanent Savings and L oan A ssociation................... April 14, 1908 April 9,1903 1903 Lackawanna Co-operative Savings and Loan Association......................... 1893 1890 Buffalo................................... Sept. 6,1887 Lackawanna Permanent Savings and Loan Association.......................... 1914 N ov. 2,1914 Lackawanna Savings and Loan Association........................................... *1878 1878 L a Payette Savings and A id A ssociation......................................... 1902 M ay 27, i890 1890 Lancaster Savings and Loan Association.......... ............ ......................... 1894 Sept. 8,1886 1890 Lemon and Virginia Permanent Savings and Aid Association............... 1891 1890 Lemon Dime Savings and Loan A ssociation........................................... ***Sept. 5, 1905 June 2,1891 1891 Lexington Dime Savings and Loan Association........................................ 1875 *1878 L iberty Savings and Aid A ssociation............................................... *1876 Mar. 13,1875 1875 Lincoln Savings and A id A ssociation............................................... *1878 1878 L ivingston Savings and A id Association ......... . . . .......................... 1892 July 3,1891 Lovejoy Permanent Dime Savings and Loan Association$t$............... 1894 April 3, 1888 1890 Ludwig Permanent Savings and Loan Association.................................. 1895 April 19,1887 1890 Luitpold Permanent Savings and Loan Association....................... .. •; .. 1894 Mar. 12,1890 1890 Main Street and Cold Spring Permanent Savings and Loan Association 1891 1890 Main Street Permanent Loan Association................................................ *1876 1875 Buffalo................................... Feb. 19,1872 M anhattan Savings and A id Society ....................... . ...................... 1899 1890 1887 Masten and Eaton Permanent Savings and Aid Association.................. ***1902 Aug. 12,1885 1890 Metropolitan Mutual Savings and Loan Association.............. ................. *1892 Jan. 11,1888 1890 Michigan and Sycamore Permanent Loan and Savings Association....... 1893 1891 1885 Monroe Savings and Loan Association..................................................... $11896 1890 Jan. 26,1886 Mulberry Permanent Savings and Loan Association, No. 3.«................. ***1902 April 16,1889 1890 Mutual Home and Savings Association.................................................... July 14, 1911 1892 Dec. 9,1891 Mutual Investment and Building Association of Buffalo......................... *1879 1875 April 1,1874 M utual Savings and A id A ssociation............................................... *1879 Feb. 2,1878 1878 M utual Savings and Loan Association ............................................ M ar. 16, 1895 1892 1891 National Dime Savings and Loan Association......................................... *1875 1875 N ew C linton and P ratt Savings and A id A ssociation................. *1878 1877 N ew Hickory Savings and A id A ssociation, N o. 2 ........................ *1878 1878 N ew Lincoln Savings and A id A ssociation..................................... §§1893 Sept. 7, i.890 1890 New Reservoir Permanent Dime Savings and Loan Association............. *1875 June, 1870 1875 N iagara L oan and A ccumulating F und A ssociation..................... M ay 9,1890 1890 Niagara Savings and Loan Association................................................... 1894 Aug. 25,1888 1890 Niagara Savings Fund and Aid Association............................................ 1899 1891 Jan. 19,1891 Niagara Square Dime Savings and Loan Association............................. June 19, 1905 1891 April 6,1891 Buffalo................................... Ninth Ward Dime Savings and Loan Association................................... 1892 Oct. 26,1886 1890 North Street Permanent Savings and Loan Association........................... 1891 1890 Buffalo................................... Old Homestead Savings and Loan Association.......................................... * The last report received was for that year. ** Report for the year 1894 not officially filed. *** Receiver appointed. f Formerly G er^n-A m erican Savings and Loan Association, q. v. f t Name changed to Columbia Co-operative Savings and Loan Association, t t t Receiver appointed May 27, 1903. $ Name changed to German-American Dime Savings and Loan Association. $$ Name changed to Standard Savingsi and Loan Association of Buffalo, N. Y . f t t Formerly Lovejoy Savings and Loan Association. § Name changed to German Central Permanent Dime Mutual Loan and Savings Association. §§ Con solidated with Plym outh R ock Savings and Aid Association. f Absorbed by the Safety Investment and Loan Company, Syracuse. f f Name changed to Acme Savings and Loan Association on the 23d of December, 1898. |i Formerly German Central Dime Permanent Mutual Savings and Loan Association. Ill |Transferred to Fourth W ard Savings and Aid Association. oa L ist o» Savings and Organised. Buffalo.................................. Buffalo.................................. Aug. 13,1889 April 29,1890 April 5,1890 M ar., 1889 M ar. 8,1877 Buffalo................................ . . . . Buffalo.................................. M ar. 6,1890 April 9,1895 N ov. 19,1888 Mar. 12,1888 M ar. 13,1871 M ar. 14,1889 Sept. 27,1912 Buffalo.................................. TKnftoln Buffalo.................................. Buffalo................................... M ay 3, i.894 Aug., 1890 Feb. 17,1914 Jan. 26; 1889 Aug. 26,1873 Jan. 22,1891 M ay 8,1893 June 20,1894 Jan. 26,1886 April 15,1899 June 19,1888 1^ 6 1890 1890 ..................*1.892 *1875 *1878 1897 *1875 1892 1894 *1878 Feb. 25,1914 1895 1893 1891 *1875 *1878 M ay 28,1895 ..................*1.878 1895 1894 §1894 *1877 1894 Feb. 17, 19*12 1892 **1892 L oan A ssociations Feb. 24, i890 Oct. 28,1890 1893 *1875 *1875 *1877 *1879 1893 *1879 *1877 1894 tl894 and Buffalo................................... tinffaln ....................... Feb. 12,1878 April 16,1888 1892 1894 *1878 Savings Feb. 28,1891 Buffalo................................... M ar. 21,1879 M ay 18,1872 Mar. 4,1890 M ar. 27,1884 M ar. 29,1909 Buffalo.................................. Jan. 29.1890 1890 1890 1878 1890 1890 1875 1875 1877 1878 1891 1879 1875 1890 1890 1909 1890 1875 1878 1892 1875 1890 1890 1877 1890 1895 1890 1890 1890 1875 1878 1890 1912 1875 1894 1890 1914 1890 1875 1891 1894 Closed. on Buffalo.................................. Buffalo.................................. fir s t report for year. R eport fc© Location. NAM ES OF ASSOCIATIONS. ERIE COUNTY — (Continued). Oriental Permanent Dime Accumulating Savings ami Loan Association. Peckham Dime Savings and Loan Association.......... F rckbam Savings and Loan A ssociation . . . . . . . People's Dime Savings and Loan Association, No. 2 — P e t e 's PermanentDime Savings and Loan Association. P bopdb’ s Savings and A id A ssociation. .................. People' s Savings and A id A ssociation, N o. 2 ....... P bbbt Loan and A ccomodating F ond A ssociation. F xbbt Savings and A id A ssociation.................... Phoenix Dime Savings and Loan Association........... P hoenix Permanent L oan A ssociation............... F ionbeb L oan and A ccomodating F ond A ssociation............... Plymouth Permanent Savings, Loan and Aid Association................ Plymouth Rock Savings and Aid Association.... . .............................. Polish Co-operative Savings and Loan Association......................... Pratt and Clinton Permanent Dime Savings and Loan Association. . P batt and C dinton Savings and A id Association. ................... P batt and C dinton Savings and A id A ssociation, N o. 2 ......... Prince Albert Permanent Savings and Loan Association................... P rospect H idd Loan and A ccomodating F ond A ssociation. .. Provident Savings and Loan Association. . . ................................. . Queen City Permanent Dime Samngs and Loan Association............. Q ojsbn C ity Savings and Aid A ssociation . . . . ----- -------.••.•••• Richmond Avenue Permanent Dime Savings and Loan Association. . Riverside Co-operative Savings and Loan Association.................... Riverside Savings Fund and Aid Association..................................... Rock Savings and Loan Association..................................................... Rose Permanent Savings and Loan Association. ................................ Saint F rancis A iding and A ccomudating Society.................... Savings and Loan A ssociation, N o . 1, of B offado................... Second Ward Loan A sw aatim . . . . . . . . . . . . . ................................... Security Savings and Loan Association of Buffalo, N. Y ................ Seneca Loan and A ccomodating F ond A ssociation................. Seneca Mutual Savings and Loan Association......... . Seneca Permanent Dime Savings and Loan Association Seneca Savings and Loan Association................. . Seventh Ward Permanent Savings and Aid Association. Seventh W ard Savings and A id A ssociation........ Siberia Dime Savings and Loan Association.................. South Park Building Lot Association........................... SpringviUe Co-operative Savings and Loan Association. Standard Savings and Loan Association o f Buffalo, N . F .f.......... Superior Permanent Savings and Loan Association. . . . . . . . . . . . . Sycamore and Johnson Permanent Savings and Loan Association. co L oan A ssociations — ( CotOinned). Buffalo................................... M ay 17,1875 Feb. 10,1899 1899 Buffalo................................... FRAN K LIN COUNTY. Saranac Lake Co-operative Savings and Loan Association. Sept. 28,1885 Feb. 13,1888 June 22,1872 Sept. 26,1874 M ay 7,1883 M ar. 23,1887 M ar. 10,1887 Aug. 8,1876 1888 June 24,1869 April 13,1889 Mar. 26,1889 July 5,1894 Sept. 16,1870 April 29, 1895 •1875 1892 1896 *1876 *1878 *1889 1894 1894 *1876 Aug. 20, 1895 *1875 1893 1895 II *1876 *1875 *1878 Sept. 2 6 ,1906 1893 1893 1894 1893 *1875 *1878 *1879 FULTON COUNTY. GloversviUe Building and Loan Association........................... GloversviUe Homestead Building and Loan Association........ People’s Savings and Loan Association................................. GloversviUe........................... GloversviUe........................... GloversviUe........................... Oct. 2,1888 July 30,1891 Sept., 1891 1889 1891 1891 Oct. 13, 1908 ISept., 1891 1902 GENESEE COUNTY. Genesee County Permanent Loan and Building Association. Genesee County Loan A ssociation !!................................... B atavia.................................. Batavia.................................. April 15,1879 April 15,1879 1879 1879 ttflO O l GEEENE COUNTY. b Catskill.................................. Feb., 1889 1889 Building and Loan Association o f Catskill b ................................................................. Catskill.................................. Catskill Savings and Loan A ssociations..................................................................... t Business taken by the Free* The last report received was lor that year. ** Name changed to Sycamore and Johnson Savings and Loan Association, hold Savings and Loan Association in October. f t Formerly Sycamore and Johnson Permanent Savings and Loan Association, g. v. f f t Name changed to Genesee County Loan Association. t All members not withdrawn were transferred to the Commercial Union Co-operative Bank, Albany. ! ! Formerly Genesee County Permanent Loan and Building Association, 9 . t. § Consolidated with Masten and Easton Permanent Savings and Aid Association. f For merly Mulberry Permanent Savings and Loan Association, No. 3, 9 . v. ||Never completed incorporation. a Formerly Building and Loan Association of Catskill. b Name changed to Catskill Savings and Loan Association, April I, 1911. A ssociations W illiamsville......................... Buffalo................................... Buffalo................................... Mar. 21,1872 M ay 4,1904 D ec., 1889 M ar. 27,1887 Oct. 2,1882 July 9,1889 Oct. 13,1879 Aug. 12; 1913 Aug. 6,1888 Aug. 16,1869 Buffalo.................................. Buffalo................................... Buffalo................................... Buffalo................................... Tonawanda........................... Tonawanda........................... Buffalo................................... Buffalo................................... B u ffalo................................. Buffalo.................................. Buffalo................................... Buffalo.................................. Buffalo.................................. Buffalo. .*.............................. Buffalo................................... Buffalo................................... W est Seneca......................... Buffalo................................... Buffalo................................... of WOBKINGMAN SAVINGS AND A lD ASSOCIATION.......................... W orkingmen ' s Savings and A id A ssociation .................. W orkingmen ’ s S avings and L oan F ond A ssociation . . June 19,1888 Oct. 18,1886 1892 1890 1875 1890 1890 1875 1875 1889 1889 1890 1876 1890 1875 1890 1890 II 1876 1875 1875 1904 1890 1890 1890 1890 1879 1913 1890 1875 1877 1875 Buffalo.................................. L ist Sycamore and Johnson Savings and Loan Asaociationtt.................... Sycamore Savings and Loan Association................................................ S ycamore S treet Savings and A id A ssociation............................ Terrace Savings and Loan Association................................................... Third Ward Permanent Savings and Loan Association......................... TfflBTtsmra W asd L oan and A ccumuiating F ond Association .. T hobingia Savings and Aid A ssociation......................................... T onawanda A id and Savings A ssociation...................................... K_ Tonawanda Enterprise Aid and Savings Association............................ *'•' Twelfth Ward Savings and Aid Association.......................................... Union Loan and A ccumulating F ond A ssociation....................... Union Savings and Aid Association....................................................... Union Savings and M utual B enefit A ssociation......................... Walden Avenue Dime Savings and Loan Association.............................. Walden Avenue Permanent Savings and Loan Association................... Waverly Co-operative Savings and Loan Association.............................. W bstbbn Loan and A ccumulating F ond A ssociation................. W estern Savings and A id A ssociation........................................... W estphalia, N o . 2, Loan and A ccomodating F ond Association. West Seneca Cooperative Savings and Loan Association....................... West Side Savings and Loan Association................................................ West Utica Street Loan and Savings Association................................... W illiam and Sherman Mutual Savings and Loan A ssociation.. . . . . . William Street Dime Savings and Loan Association. William Street PermanentSavings and Loan Association. Williamsville S aving and Loan Association. Winslow Permanent Savings and Loan Association............. 09 09 L ist o r Savings and NAMES OF ASSOCIATIONS. Organised. First report for year. Closed. Little Falls. 13,1891 12,1911 1,1898 3,1888 11,1913 1892 1911 1898 1890 1913 C arthage... C layton----W atertown. W atertown. M arch, 1889 April 21,1900 Dee. 19,1887 1890 1890 1900 1888 1902 1901 Sept. 25,1893 April 25,1894 M ay 14,1888 April 25,1894 1893 1894 1888 1881 IM ay 31, I89I Savings Jan. 1888 June 16,1893 N ov. 16,1885 M ar. 2,1887 1888 1894 and 1$$1900 Oct. Deo. July O ct. July Jan. 16,1883 July 27,1888 N ov. 18,1889 M ay 3,1888 June 30,1891 April 26,1885 1883 1889 1890 1888 1891 1885 Sept. 20,1892 "i.892* M ay 10, i899 June 4,1888 June 26,1894 D ec. 19,1889 Dee. 19,1889 Feb. 21,1889 July 19,1889 July 22,1895 June 10,1897 Oct. 2,1888 Sept. 8,1886 Jan. 17,1888 Aug. 18,1904 M ay 27,1889 ' i89 9' 1890 1894 1890 1890 1890 1890 1895 D olgeville. . F rankfort.. H erkim er... Ilion............. is I s 1887 i890' 1888 1890 1904 1889 July 13,1911 ” "d 1896 1893 1902 '•♦i897 Oct. 4,1906 1897 Sept. 2,1911 L oan A ssociations Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Bath Beach........... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn*.............. Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... Brooklyn............... B rooklyn.............. on Location. R eport „ , „ H E R K IM E R COUNTY. DolgmUe Savings, Building and Loan Association........................................... Frankfort Savings and Loan Association.......................................................... Herkimer Co-operative Savings and Loan Association................................... Iljon Permanent Savings, Building and Loan Association............................. little FaUs Building, Savings ana Loan Association...................................... _ ^ „ JEFFERSON COUNTY. Carthage Savings, Loan and Building Association.......................................... Security Building, Loan and Savings Association.............................................. Watertown Homestead Investment Company....................................................... Watertown Savings, Loan and Building Association...................................... KIN GS COUNTY. Afro-American Investment and Building U om poautfttt................................. Atlantic Building and Loan Association o f Brooklyn^...................................... Atlantic Co-operative Savings and Loan Association......................................... Atlantic Co-operative Savings and Loan Association***!.................................. Atlantic Savings and Loan Association k ......................................................... Bay Ridge Savings and Loan Association a ..................................................... Bedford Co-operative Building-Loan Association............................................ Bennett Homestead Association........................................................................... Brooklyn and New York Arcanum Building, Loan and Savings Association Brooklyn City Co-operative Building and Loan Association d ........................... Brooklyn C ity Savings and L ora Association e ............................................... Brooklyn Mutual Building and Loan Association........................................... Bushwiok Co-operative Building and Loan Association................................. Citizens' Co-operative Building and Loan Association o f Bath Beach, N. Y . .. Crescent Building and loa n Association.......................... - ............................... Eagle Savings and Loan C om panyf................................................................. East Brooklyn Co-operative Building Association f ........................................... East Brooklyn Savings and L ora Association e ..................................... ...... East New ijr k C oZ Z ative Savings and Buildin^Loan Association h.......... Ih »t New York Savings and Loan Association g ............................................ Empire State Co-operative Savings and Loon A sso cia tio n ^ ........................... Equitable Co-operative Building and Loan Association................................. Excelsior Co-operative Savings and Loan Association....................................... Fifth Avenue Co-operative Building and Loan Association m ........................... Fifth Avenue Savings and Loan Association.................................................... Flatbush Co-operative Savings and Loan Association.................................... Fort Greene Co-operative Building and Loan Association............................. Fortune Building, Co-operative Savings and Loan Association......................... Franklin Co-operative Savings and Loan Association........................................ Fulton Co-operative Building and Loan Association...................................... German Building and Saving Company of Brooklyn, N . Y .......................... Germania Building, Saving and Loan Institution.......................................... Greenpoint Polish Co-operative Savings and Loan Associationf f t t t ............... Hamilton Co-operative Building and Loan Association n ................................... L oan A ssociations — ( Continued). A ssociations of Homestead Co-operative Building and Lam Association................... B rooklyn.. Dec. 12,1888 M ar. 6,1909 1889 Induairial Co-operative Building and Loan Aaaociation................... B rooklyn.. Sept. 1,1887 1888 1893 John H. Shulte Co-operative Building and Loan Aaaociation............ B rooklyn.. Jan. 21,1888 1890 1901 Kings County Co-operative Building and Loan Association.............. B rooklyn.. Jan. 10,1888 1888 Feb. 2,1906 Rings County Savings and Loan Association.................................. B rooklyn.. Sept. 11,1913 1913 Long Island Building and Loan Association...................................... B rooklyn.. M ar. 28,1888 1890 ' ' N o v .'e .'io ii Madison Co-operative Building and Loan Association................... B rooklyn.. July, 1888 1889 Mechanics’ Co-operative Bank............................................................. B rooklyn.. 1890 ..................<1890 Mercantile Association of Brooklyn W ............................................... B rooklyn.. Jan., 1882 1896 1899 M odel Building and Loan Association of Brooklyn, N . Y .............. B rooklyn.. O ct., 1889 1890 Montauk Building and Loan Association........................................... B rooklyn.. June, 1889 1890 S ep t.7,'i894 Montauk Co-operative Savings and Loan Association........................ B rooklyn.. Aug. 26,1901 1901 1902 Mutual Benefit Loan and Building Company.................................... B rooklyn.. M ay 13,1893 1893 tttl9 0 1 Nassau Co-operative Building and Loan Association...................... B rooklyn.. April 25,1889 1890 Ninth Street Savings and Loan Association........................................ B rooklyn.. 1890 Oct. 16,1890 ....................i898 People’s Building and Loan Association............................................ B rooklyn.. 1889 1891 People’s Co-operative Savings and Loan Association of Brooklyn. B rooklyn.. July 30,1895 1896 People’s Real Estate Tontinet t t t B rooklyn.. July 2,1884 1885 iiis e p t .'i'is iio Polish-Ameriean Co-operative Savings and Loan Association B rooklyn.. Oct. 17,1900 1900 Prospect Home Building and Loan Association B rooklyn.. 1890 M ay 19,1890 South Brooklyn Co-operative Building and Loan Association j . B rooklyn.. M ay 11,1886 1888 South Brooklyn Savings and Loan Association \ B rooklyn.. Suburban Co-operative Savings and Loan Association....................... B rooklyn.. July 29,1897 *i897* June 24,1909 Town of New Utrecht Co-operative Building and Loan Association b . B rooklyn.. M ar. 28,1887 1890 6 Twenty-ninth W ard Co-operative Savings and Loan Association. B rooklyn.. 1895 M ar. 27,1895 Union_Co-operative Budding and ham AssociationftB rooklyn.. April 14,1890 1890 West End Co-operative Savings and Loan Association o f Brooklyn. B rooklyn.. M ay 18,1886 1896 Oct. 24,1904 Williamsburgh Co-operative Savings and Loan A ssoria tion ttitf.., B rooklyn.. April 8,1905 1905 Aug. 19,1909 LEW IS COUNTY. Lowville Savings and Loan Association............................................. L ow ville... Sept. 4,1 8% 1890 1893 LIVINGSTON COUNTY. Dansville Savings and Loan Association.......................................... D ansville.. Jan. 16,1888 1888 111897 MADISON COUNTY. Canastota Savings and Loan Association....................................... Canastota. Feb. 9,1889 1889 Oneida Saving, Building and Loan Association.............................. Oneida___ M ay 16,1887 1887 M ONROE COUNTY. Alliance Loan Association................................................................. Rochester.................. O ct. 9,1890 1890 1903 A uubmania Savings, Aid and L oan A ssociation....................... Rochester.................. 1875 *1876 American Homestead Saving and Loan Associations}................... , Rochester.................. 1896 M ay, 1888 1902 * The last report received was for that year. ** Absorbed by Equitable Co-operative Building and Loan Association, *** Formerly Atlantic Building and Loan Association of Brooklyn, N . Y ., q. t>, t Successor to Atlantic Co-operative Savings and Loan Association. t t Reincorporated July 9, 1895. t t t Rem oved from New York ccounty in 1899. t t t t Removed from New York county in 1908. Banks. $ Succeeded by Atlantic Suiidingand Loan Association, ?. v. U Receiver appointed January 20, 1 8 9 ^ 111 Receiver appointed^ $ Did not do any business. §5 Formerly Goodman Street Dime Savings and Loan Association, q. v. f Removed from Buffalo in 1897. fK f N Name changed to Provi K ame changed to Provident Savmgs-Loan.. Investment Company. || Merged m the rranprn Franklin oociew Society ior for riome-Dunaing Home-building ana and Havings, Savings, oi of J8ew New York aa Formerly f New -» *®ww x ora City. Formerly Town Town oof New „ .... , t ----- . Utrecht Co-operative Building and Loan Association. b Name changed to Bay Ridge Savings and LoanA ssociation, Feb. 15, 1911. c Formerly Brooklyn C ity Co-operatiye Building and Loan Association. d Name changed to Brooklyn City Savings and Loan Association Jan. 1,1911. e Formerly East Brooklyn Co-operative Building Association. /N am e changed to East Brooklyn Savings and Loan Association Feb. 1, 1911. g Formerly East New York Co-operative Skmngs and Budding-Loan Association. h Name changed to East New York Savings and Loan Association Feb. 21, 1911. * Formerly South Brooklyn Co-operative Budding and Loan Association. j Name changed to South Brooklyn Savings and Loan Association, March 15, 1911. k Formerly Atlantic Co-operative Savings and Loan Association. I Name changed to Atlantic Savings and Loan Association April 15, 1911. m Name changed to Fifth Avenue Savings and Loan Association July 15, 1911. n Name changed to Hamilton Savings and Loan Association January 1,1915. 09 at L ist o r Savings aho NAMES OF ASSOCIATIONS. Location. C nntbal B uilding , A m C itizens ’ B uilding L ot A ssociation .............................................................................. B righton.. Brockport. Rochester. Rochester. Rochester. Hocheater. Rochester. C m C umulating F und A sso ciatio n ......... .................................................................... Clifford and Vim Street Building Let Association............................ ........................... Columbia Banking, Savings ana Loan Association......................................................... Brockport. Rochester. Rochester. 1100116816?. Beackwood Homestead Led Association........................................................................... Brighton Permanent Savings and Loan Association..................................................... Brockport Loan and Buildmg Association..................................................................... Brown Street and Jefferson Avenue Dime Permanent Savings and Loan Association. L oan A sso ciatio n .......................................................... Central Park Dime Savings and Loan Association....................................................... Central Permanent Savings and Aid Association......................................................... Ctiiitni* Permanent Savings and Loan A$sociatton............................. ..................... Citisens’ Savings and Loan Association o f Brockport............... .................................... A C olumbia Saving ^ A re an d and L oan A ssociation ........................................................ Conkey Avenue Savings, Aid and Loan Association..................................................... Consolidated Saving ™ Loan Association....................................................................... Cranston Shed Building Lot Association...................................................................... Despatch Co-operative Savings and Loan A ssociation.................................................. D im e w»nM»»g Loan Association................................................................................. Bast Mam Sheet Homestead Association...................................................................... E ast R oca a sra B B uilding L ot A ssociation ............................................................... Bast Rochester Permanent Loan Association.............................................................. Btuti 8id$ &owbg$ mm! itftfiti <4infffftfltfffw ELBVBNTH WABD SAVINGS, AlD AND LOAN ASSOCIATION............................................. MighOh Pirmaiimt Tiftan Assofiatiifn Ward Standard Loan Association. acbt S avings an d Are A sso ciatio n ........................ a W and Savings , A id and L oan A ssociation . ____ Permment brin g s and Loan AseociaHont........ St&tiI JTiurtf jytiffcfiriflXiof 41 fltwf Tntfotmttnt 4 and • jffflitt AstecicUion..... ffattiia& bi A n ttim etm/i "fjtMAfk AjBBAoiffBLi&fo E quityCo-operativeSavings and Loan Association......... Rochester........ R ochester.. . . . Rochester........ Rochester........ Rochester........ Rochester........ East Rochester. Rochester........ Rochester........ Rochester........ Rochester........ Rochester........ Rochester........ Jan. 18,1888 Sept. 3,1887 Oct. 20,1871 July 12,1887 July 30,1872 Aug. 9,1886 M ar. IS, 1890 Sept. 22,1891 Feb. 28,1884 Feb. 24,1863 Jan. 9,1891 May 12,1871 June 3.1885 May 17.1889 Sept. , 1889 June 17,1908 Oct. 1.1886 June 25.1890 June, 1886 M ay 18,1891 April, 1885 Sept. 26,1889 Jan., 1872 1875 1891 mi 1890 1890 1890 1875 1890 1890 1875 1890 1890 1875 1891 1890 1893 IK'S 1861 1875 1860 1890 1891 1908 1890 1890 1875 1890 1891 1875 1889 1890 1875 1875 Jan. 25,1888 Jan. 25,4888 mi ms M ay 27,1861 O ct. 4,1889 Jan. 12,1895 Mar. 2,1891 Oct. 13,1884 mi 1890 I860 1895 1891 1895 Closed. *1875 1898 1898 1891 April 25,1910 1901 *1875 mi 6? * o s o July 1,1892 *1875 Jan. 26,1914 1902 *1875 1894 ........... m s *1876 1903 *1876 1898 ................1.894 1897 *1875 *1900 m3 *1877 Dee. 4, 1905 April 12,1907 *1875 *1875 tl893 1895 11891 1894 Mar. 6,1909 1898 Nov. 21, m 2 L oan A ssociations C oncobdia Savings , A re L oan A ssociation ............................................................ M ar. 9,1891 D ec., 1889 First report for year. and Rochester. Organised. Savings {Continued). M ONBOE COUNTY A f u m e Savings and A re A sso ciatio n ........ Bauer Homestead Astociation......................................................................................... and c« L oan A ssociations — ( Continued). §1899 1890 1890 1895 1891 1894 1890 Rochester.............................. Jan. 22,1907 1890 Rochester.............................. •1876 1875 Rochester.............................. *1877 1875 Rochester.............................. *1875 1875 Rochester.............................. M ay 29, i872 D ec. 30,1904 1888 1891 Rochester.............................. Jan., ♦1875 1875 Rochester.............................. 1900 1890 Rochester.............................. M ay 4, i887 HJan. 4,1892 1888 Rochester.............................. April 3,1888 *1875 1875 Rochester.............................. M ay 23,1873 *1895 1888 1890 Rochester.............................. 1901 1890 Rochester.............................. Aug. 20,1887 1902 1891 Rochester.............................. M ar. 27,1891 Sept. 17,1887 1890 §1901 1891 Rochester.............................. M ar. 5,1891 Aug., 1893 1891 1891 Rochester.............................. Aug., *1891 Rochester.............................. Aug. 20,1891 1891 1891 1890 1892 1886 Rochester.............................. 1890 1902 1890 Rochester.............................. M ay 24,1885 *1875 1875 Rochester.............................. M ar. 14,1871 *1875 1875 Rochester.............................. 1896 1890 Rochester.............................. M ar. 1,1887 fl8 9 6 1890 1888 Rochester.............................. M ay, 1902 1890 Rochester.............................. N ov. 14,1889 1894 1889 1890 Rochester.............................. 1900 1890 Rochester.............................. Sept. 4,1888 July 10, 1893 1891 1891 Rochester.............................. 1896 1890 Rochester.............................. M ay 20,1889 N ov. 4,1904 1890 Rochester.............................. O ct. 25,1882 1891 1891 1891 Rochester.............................. §1899 Rochester.............................. Jan. 1,1886 1890 1910 Rochester.............................. M ar. 30,1910 1890 Rochester.............................. O ct. 13,1881 1896 m i Rochester.............................. Oct. 29,1891 N ov. 2,1885 1890 *1875 1875 Rochester.............................. M ay 5,1871 *1875 1875 Rochester.............................. 1892 1891 Rochester.............................. Oct. 9,1890 1900 M ay 16,1890 1890 Rochester.............................. *1875 1875 Gates..................................... *1876 June 29, 1871 1875 Rochester.............................. 1893 1891 Rochester.............................. July 21,1890 1893 1891 1891 Rochester.............................. 1901 1890 Lake’Avenue Permanent Savings and Loan Association....................................................... Rochester.............................. Feb. 5, 1889 * The last report received was for that ‘year. f Name changed to Empire Permanent Savings and Loan Association. %Formerly Empire Permanent Loan Association, q. v. § W ent into hands of receiver, f Name changed to American Homestead Savings and Loan Association. j| Name changed to M utual Benefit Savings ana Loan Association. June 9,1888 M ay 7,1888 Feb. 24,1891 M ay 21,1889 Sept. 23,1886 Sept. 7,1871 L ist of A ssociations Rochester.............................. F aiiport................................ 09 09 oo L is t o r S avings an d L oan A s so c ia t io n s — {Continued). People's Permanent Savings and Loan Association............................................................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester................ ............ Rochester.............................. Rochester.............................. 1 Rochester.............................. Rochester.............................. N ov. 12,1887 May 11,1871 Feb. 18,1884 April 17,1888 April 9,1888 Feb. 26,1872 Jan. 2,1889 Aug. 18,1890 July 23,1889 Feb. 24,1886 M ar. 4,1890 Dec. 4,1889 Mar. 11,18% June 23,1871 Jan. 2,1883 July 1,1890 1883 N ov. 9,1889 M ay 1,1872 M ar. 16,1888 Oct. 8,1885 1897 1903 1899 M ar. 9,1906 M ar. 15,19% 1902 ||1899 1897 *1892 1897 *1875 *1877 1892 Jan. 11,1905 1902 *1875 Mar. 1 3 ,1%5 *1875 May 3,1910 1903 Jan. 5,1906 *1877 $1894 1903 Sept. 29,1904 June 22,1911 1896 1897 1902 *1875 Dec. 13,1907 N ov. 24,19% Jan. 2,1905 *1875 M ar. 14,1894 *1876 *1875 April 10,1908 Jan. 23,1909 L oan A ssociations Newcomb Homestead Association........................................................................................... Rochester.............................. Rochester.............................. June 10,1891 July 19,1887 N ov. 26,1890 1890 1891 1890 18% 18% 1890 1890 1890 18% 1891 1875 1877 1891 18% 18% 1875 1890 1875 18% 18% 1892 1875 1889 18% 18% 1890 18% 1891 18% 1875 18% 18% 18% 1875 1891 1875 1875 18% 1890 and Mount Hope Avenue Dime Savings and Loan A ssociation^.............................................. Mutual Benefit Savings and Loan Associationf .................................................................... M ay 19,1890 M ar. 13,1890 Jan. 19,1888 Feb. 19,1889 July 5,1889 July 19,1887 June 18,1883 N ov. 5,1890 M ay 15,1889 N ov. 18,1891 M ay 20,1872 Closed. Savings Monroe County Permanent Savings and Loan Association.................................................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. 'RnntiMter.............................. Rochester.............................. Rochester.............................. Rochester.............................. Rochester.............................. First report for year. on M echanics’ M utuai, B enefit Socibtt ............................................................................ Monitor Savings and Loan Association............ .................................................................... Organised. K epobt MONROE COUNTY — (Continued). Leighton Lea Association........................................................................................................ Location. § n a m e s o f a s s o c ia t io n s . R ochester.. Phmnix Savings and Loan Association. ........... R ochester.. Pinnacle Avenue Savings and Loan A ssociation.. . . Rochester.. Plymouth Avenue Savings and Loan Association. . . . R ochester,. Polonia Savings and Loan Association...................... R ochester.. Profit Loan A ssociation............................................. R ochester.. R epublic A id and Loan A ssociation. ................. R ochester.. Rochester and Kenmore Land Company.................... R ochester.. R ochester C entral A id and L oan A ssociation. Rochester. . Rochester Dime Savings and Loan Association.......... R ochester.. Rochester Equity Deposit and Loan Association.. . . . ______ R ochester F lower Crrr Savings and A id A ssociation......... ••••............................ Rochester. . R ochester.. R ochester G erman Sharpshooters’ C o-operative B uilding Lot Association— R ochester.. R ochester G erman Shooting P ark C o-operative B uilding Lot Association. R ochester.. Rochester Parmament Savings Association..................................................................... R ochester.. R ochester Savings, Aid and Loan A ssociation................................................... R ochester.. R ochester Savings and L oan Association ............................................................ R ochester.. Rochester Saving and Loan Associationf ................. .............................................. R ochester.. R ochester Shooters’ C o-operative B uilding Lot Association........................ Irondequoit. R ochester Shooting P ark C o-operative Lot Association................................ R ochester.. R ochester Shooting P ark Societt ......................................................................... R ochester.. Saint Joseph Street Lot Association......... . •.•••■..................................... R ochester.. Saint Joseph Street Permanent Savings and Loan Association.................................... Rochester. . Security Loan Association....... .................................................................................... R ochester.. Sehm Tract Building Lot Association............................................................................ R ochester.. Sixth Ward Permanent Savings and Loan Association................................................ R ochester.. South End Savings and Loan Association..................................................................... Rochester.. South Park Homestead Tract Association..................................................................... R ochester.. Standard Loan Association............................................................................................. R ochester.. State Building and Loan Association............................................................................ R ochester.. Strasbourg B uilding A ssociation........................................................................... R ochester.. Strassbubger Savings and Aid A ssociation.......................................................... R ochester.. Strd>Lot Association............................... . .......... ........ .•••••..................................... R ochester.. Tenth Ward Dime Permanent Savings and Loan Association..................................... Rochester. . Teutonia Permanent Savings and Loan Association..................................................... R ochester.. T eutonia Savings, A id and Loan A ssociation._.................................................... Rochester.. Third Ward Permanent Savings and Loan Association............................................... R ochester.. Thirteenth Ward Permanent Loan Association............................................................. R ochester.. T welfth W ard Savings and L oan A ssociation...... ,. ■•....................................... R ochester.. Twentieth W ard Co-operative Savings and Loan Association.................................. R ochester.. Union Dime Permanent Loan Assocwrfwmtft.............................................................. R ochester.. Union Permanent Savings and Loan Association....................................................... R ochester.. Union Savings and Aid Association. ; ......................................................... R ochester.. United Permanent Savings and Loan Association .................................................. R ochester.. Wadsworth Dime Banking, Aid and Loan Association.............................................. Rochester. . Wakelee Farm Dime Banking and Loan Association.................................................... * The last report received was for that year. ** Purchased by Rochester Savings and Loan Assocktion. Rochester Savings and Loan Association by chap. 441, L. 1894. and Loan Assocfition, «. ». II Receiver appointed. May Feb. Jan. Jan. May 19,1883 24,1890 1,1891 27,1890 24,1886 1892 M ay 9,1871 M ay 20,1886 April 30,1884 1882 April 4,1871 Jan. 23,1877 Jan. 2,1889 N ov. 1,1872 N ov. 23,1872 April 1,1874 Aug. 25,1886 M ay 17,1881 April 1,1893 April, 1886 Sept. 16,1886 Dec. 2,1889 Jan. 1,1887 Mar. 17,1891 A m . 14,1874 Aug. 11,1891 June 16,1887 July 13,1886 1890 1890 1891 1890 1890 1875 1892 1875 1892 1890 1878 1877 1879 1892 1875 1877 1894 1875 1876 1875 1890 1890 1892 1893 1890 1890 1890 1890 1891 1875 1875 1891 1890 1890 1875 1890 1890 1875 Feb. 7,1906 1898 1892 *1876 1&93 *1875 1896 N ov. 11,1905 *1881 *1877 *1879 Dec. 17,1913 *1875 *1877 Feb. 26,1914 *1875 *1876 *1875 1893 **1895 1898 1894 1902 1901 1892 1894 *1875 *1876 1894 Dec. 22, 1905 II1896 *1875 June 5, 1906 1891 *1876 Jan. 7,1872 Feb. 11,1896 April 1, 1909 1890 Aug. 2,1887 iaao M ay 18,1886 *1878 1875 Sept. 5,1871 1800 Aug. 3,1886 IRAQ Oct. 12,1887 1902 1890 Oct. 13,1886 f Formerly Fourth Ward Permanent Savings L ist of Savings and L oan A ssociations — (Continued). Hemmrisead.......... Port W ashington. Rockville Centre. N ov. 19,1889 Oct. 28,1891 N ov. 29,1889 1890 1891 1889 NEW YORK COUNTY. American Co-operative Savings and Loan A ssociation !.................................... Anglo-American Savings and Loan Association.................................................... Assured Building-Loan Association....................................................................... A stobia C o-operative B uilding Association................................... ......... . Bank Clerks’ Co-operative Building and Limn Association of New York C ity. Bankers’ Loan ami Investment Company............................................................ Beilporl Mutual Loan Association o f New York............... _................................... Birkbeek Investment Savings and Loan Company o f A m sricatttt....................... Breslau Buildingand Loan Association................................................................. Broadway D ry Goods Co-operative Building and Limn Association................. California Perfume Co. Employees* Savings and Loan Association. : ............ CENTRAL Co-OP*BATIVB BUILDING AND LOAN ASSOCIATION............................. Central Park Co-operative Savings and Loan Association.................................... Century Savings and Loan Company...................................................................... Chatterton HiU Building Lot Association............................................................... Chosen Friends’ Home Loan and Savings League.................................................. C itizens’ M utual Loan and A ccumulating F und A ssociation................. Citisens’ Savings and Loan Association of New York C ity............................... City Loan and investment Company........................... Colonial Co-operative Savings and Loan Association. New Y ork. New Y ork, New York. New York. New Y ork. New Y ork. New Y ork. New Y ork. New York. New Y ork. New Y ork. New Y ork. New Y ork. New Y ork. New Y ork. New Y ork. New Y ork. New Y ork. New York. New Y ork. Mar. 2,1888 N ov. 8,1890 N ov. 7,18® ) M ay 24,1870 Mar. 26,1890 M ay, 1890 July, 1891 Feb. 18,1892 M ay 23,1891 Sept. 12,1888 M ar. 4, 1915 June 20,1888 Aug. 13,1895 D ec., 1891 Jan. 27,1899 Oct. 1,1890 1888 1890 1890 1875 1890 1890 1891 1892 1891 1888 1915 1888 1895 1891 1899 1890 1875 1890 1892 1895 July 19,1889 M ar., 1892 Feb. 8,1885 ................i899 *1875 *1900 Jan. 28, 1907 1899 1897 $11900 lillljieoo *1875 1893 Deo. 27, 1912 1892 *1888 1900 1892 1901 1901 1875 ttl89 4 1898 L oan A ssociations NASSAU COUNTY. Hempstead Co-operative Building and-Loan Association..................... . . . ••• Port Washington Building and Loan Association oi Queens County, N. Y .. . . Rockville Centre Savings and Loan Association.................................................. 1893 *1875 D ec. 28, 1905 1898 *1875 1898 Sept. 16,1907 and 1890 1876 1890 1891 1875 1892 1890 1894 1892 1875 1892 1890 1890 1890 Rochester. Rochester. Rochester. Rochester. Rochester. Savings Rochester. Rochester. Rochester. Rochester. Rochester. Rochester. Rochester. Rochester. Feb. 28,1872 M ay 11,1886 M ay 2,1890 April, 1873 N ov. 10,1890 M ar. 18,1889 Jan. 8,1894 Oct. 11,1887 M ay 20,1875 Mar. 9,1883 A p i] 30,1890 M ay, 1890 A pnl 3,1886 MONROE COUNTY — (Concluded) Warner Street Building Let Association...................................... W ashington Aid and Loan A ssociation........................... .. Washington Permanent Loan and Aid Association.................... Webster Atenue Homestead Lot Association................................ W bbt A vsnub B uilding L ot Association............................. West Atenue Loan Association..................................................... Western New York Permanent Savings and Loan Association.. Western Savings and Loan Association..................................... Westphalia Cooperative Savings and Loan Association............. WESTPHALIA SAVINOS AND AlD ASSOCIATION........................... West Side Permanent Loan Association...................................... WiUiam Otis Building Lot Association. . Windsor Permanent Savings and Loan Association........ Workingmen's Permanent Savings and Loan Association Closed. on First report for year. Location. K eport Organised. NAMES OF ASSOCIATIONS. Columbia Mutual Building and Loan Association of New York............. 1892 June 7,1892 ||1902 Commonwealth Savings and Investment Company.................................... New Y ork............................. Feb. 10,1891 1893 1891 Consolidated Building and Loan Association........................................... 1890 1891 Co-operative Building Bank.................................................................... New Y ork............................. June 11,1890 1890 Co-operative Home Building Association o f New York........................... New Y ork............................. Oct. 7,1908 11903 C o-opbbative R eal E state A ssociation............................................ Mar. 8,1882 i%2* 1884 Co-operative Savings and Loan -Association of Hew Y o rk ftt.............. New Y ork............................. June 4,1888 1888 Cosmopolitan Co-operative Building and Loan Association..................... New Y ork............................. 1890 1891 D aily N ews B uilding and Loan A ssociation.................................. New Y ork............................. April 26,1888 1888 1889 Daily News Building, Savings and Loan Association]]........................... April 26,18% 1889 1894 Daily News Savings and Building-Loan Association* * ........................... New Y ork............................. April 26,18% 1896 1894 Eagle Building, Mutual Loan and Accumulating Fund Association. . . . New Y ork............................. Feb. 9,1891 1892 1891 East Side Co-operative Building and Loan Association........................... Feb. 15,18% 18% «1 9 0 2 Edgehill Co-operative Savings and Loan Association........................... New Y ork............................. April 30,1909 1909 Electric Building, Loan and Savings Assodation**a............................... New Y ork............................. Mar. 23,1891 1891 Aug. 17, 1911 Empire Loan and Investment Company.................................................... New Y ork............................. April 20,1894 1894 111896 Equitable Building and Loan Assodation\\\\............................................ New Y ork............................. April 6,1891 1891 1893 Equitable Permanent Co-operative Building and Loan Association........ New Y ork............................. Sept. 8 ,1 8 % 1890 Equitable Savings and Investment Association......................................... New Y ork............................. M ay, 1891 1891 Equitable Savings S o c fe ty ffff * ............................................................... New Y ork............................. April, 1891 1900 1893 European Liberty Building, Co-operative Savings and Loan Association. April 3,1901 1901 N ov. 22,1908 Excelsior Building and Loan A 8 8 0 cia ffe n * ffff* tttt............................ 1890 June 19,18% Jan. 30,1912 Fairview Heights Building and Lot Association....................................... New Y ork............................. Oct. 14,1902 N ov. 20,1906 1902 Federal Co-operative Building and Loan Association............................... New Y ork............................. July 1,18% 1889 Jan. 29,1906 First Bohemian-Slavonic Co-operative Savings and Loan Association. New Y ork............................. June 12,1889 1899 Fibst C o-ofbbativb Land and B uilding Society ............................. New Y ork ........................... . 1879 ..............<1879 First N ational B uilding and M utual Loan A ssociation............ New Y ork......................... 1875 *1875 Fibst Union C o-opebativb B uilding A ssociation, Section 2 ....... New Y ork............................. 1879 *1881 Fibst Union C o-operative L and and Building Society . New Y ork............................. 1868 1875 *1881 Flushing Heights Co-operative Savings and Loan Associatum*a. New Y ork.............................. Feb. 2,1905 Feb. 16,1906 Fordham Co-operative Building and Loan .A ssociation........................................ New Y ork............................. June 29,18% i890‘ 1892 Franklin Mutual Building and Loan Association of New York......................... New Y ork............................. Jan. 12,1894 11894 Franklin Society for Home Building and S a v in g sff........................................ New Y ork............................. April 26,1888 "i.896* Fraternity Co-operative Building and Loan Association...................................... July 5 ,1% 8 1888 *1890 German-Ameriean Building and Loan Association of the C ity of New Y ork. New Y ork............................. June 7 ,1 8 % 1889 Greenwich Building and Loan Association........................................................ New Y ork............................. Oct. 15,1889 1890 Guardian Savings and Loan Company New Y ork............................. April 21,1894 1895 llN o v . 1905 Hand in Hand Mutual Building and Loan Association New Y ork............................. Mar. 25,1892 1892 11892 Harbor and Suburban Building and Savings A ssoriationftft***. New Y ork............................. N ov., 18% 1894 M ar. 13,1909 Harlem Co-operative Building and Loan Association..................... New Y ork............................. M ar. 2 1 ,1% 7 llF e b . 9,1904 1887 * The last report received was for that year. ** Formerly Daily News Building, Savings and Loan •* 1Began proceedings in 1894 to change name to Round Robin Savings and Loan Aswciation, but discontinued them. f Reinoorporated July 21,1897. f t Na i » changed to Franklin Society for Home Building and Savings. f f t Formerly New York and Wakefield Co-operative Building and Loan Association. f l f f Taken possession of and closed | Never did anybusiness. « Receiver appointed. SNam echanged to Daily News Building, Savings aodL oan Association. 1 Name changed to Daily News Savings and Building Loan Association. f f Formerly Daily N ew alavings and Building-Loan o. *. “I f f Name Si T e! yr J 1^onr r,£ DaU& News Building and L o a A ^ t i o n . « . » . ^ | | S u e « S f e U & S X I ^ m p ^ o T N ? w York, q. v. iljlH Merged m the Franklin Society for Home Building and Savings. ffff* R e c e iv e r appointed May 18, 1901. f f f f Charter forfeited by non-user. * f f f f f Formerly Sun and Evening Sun Building, Mutual Loan and Accumulating Fund Association, * •••* q. ^ oy *a Dropped from luneiieu official list. **o Assets sold to Serial Building, Loan and Savings Institution. SB L ist of A ssociations I L ist of Savings and L oan A ssociations — NAMES OP ASSOCIATIONS. New Y ork............................. Feb. 24, i888 m i 1888 1890 1894 1890 1909 1887 1893 1890 1896 1891 1890 1890 1803 1899 1890 1894 1892 1887 m 3 1913 1890 1889 1888 1888 1889 1888 1888 1895 1890 1890 1888 A 1889 1888 1890 1890 1888 M ar. 9,1907 *1891 1903 **el898 June 2,1913 §1899 June 29,1912 1892 *61903 Oct. 3, 1906 *01895 **01893 ****01894 1899 M ay 20, 1911 **1*1903 111898 N ov. 23, 1905 **§* {1901 ±1803 §1899 )| If 1894 §1902 N ov. 30, 1906 *1900 111891 {$1892 July 12, 1912 IJII July 13, 1911 *1*1900 *****oi909 1903 1891 L oan A ssociations April 15, m i M ay 28,1888 1890 Jan. 30,1894 M ay 10,1888 April 20,1909 Sept. 6,1887 April 25, m 3 1890 Feb. 16,1894 July 1,1890 April, 1890 April 10,1890 April 10,1890 Sept. 14,1898 June 18,1883 April 16,1903 April 10,1890 April 27,1882 Aug., 1887 D ec. 1,1893 June 10,1913 April 3,1890 Oct. 9,1889 June 1,1888 Feb. 22,1888 D ec. 31,1888 M ar. 14,1888 M ar. 5,1888 April 3,1890 Sept., 1889 Sept. 17,1890 April 19,1888 Sept. 6,1894 M ay 23,1906 Aug. 13,1900 M ar. 29,1888 June 4,1888 Jan., 1890 Closed. and New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. First report for year. Savings Organized. on Location. R epost NEW YO RK COUNTY — (Continued). Harlem River Building, Loan and Savings Association.......................................... Herald Employees' Co-operative Building and Loan Association............................. Holland Building and Loan Association.................................................................... Home Circle Building and Loan Association............................................................. Home Mutual Building and Loan Association.......................................................... Hudson Co-operative Savings and Loan Association................................................. Industrial Co-operative Building and Loan Association............................................ Industrial Savings and Loan C om pon»***ctttt....................................................... International Loan and Savings Society..................................................................... Investors’ Savings and Loan Company****c.............................................................. Italian Co-operative Building, Savings and Loan Association.................................. Jewelers’ Building and Loan Association................................................................... Keystone National Savings, Loan and Investment Association................................. Keystone Savings and Loan AssocitUion***a............................................................. Knickerbocker Co-operative Savings and Loan Association o f the City o f New York Knickerbocker Savings and Loan C om pany*cffH .................................................... Kupeler Share Co-operative Savings and Loan Association...................................... Lenox Building Loan Company.................................................................................. Manhattan and Suburban Savings and Loan Institution.......................................... Manhattan Mutual Co-operative Savings and Loan Associationt ............................. Manhattan Real Estate and Loan Company o f New York........................................ Manhattan Savings and Loan Association............................................................... Mercantile Building and Loan Association................................................................ Mercantile Co-operative Bank............................... i ................................................... Methodist Book Concern Employees' Co-operative Building and Loan Association.. Metropolitan Co-operative Building and Loan Association....................................... M illinery Building and Loan Association................................................................. Mount Morris Co-operative Building and Loan Association................................. Murray Hitt Co-operative Building and Loan Association**.................................... Mutual Realty and Loan Corporation^..................................................................... Mutual Savings and Distribution Fund Association................................................. National Homestead Company.................................................................................... National Mutual Building and Loan Association o f New York............................... New Century Co-operative Savings and Loan Association........................................ Newmark Dwinsker Co-operative Savings and Loan A ssocioK ontttt...................... New York and Bellport Co-operative Savings and Loan Association........................ New York and Suburban Co-operative Building and Loan Association............... New York and Wakefield Co-operative Building and Loan Association................... New York Building-Loan Banking Company aa...................................................... Nete York City Co-operative Savings and Loan Association..................................... New York Co-operative Building and Loan Association........................................ fcO (Continued). of A ssociations L ist New Y ork............................. 1868 1875 *1876 1912 New Y ork............................. M ay 9,1912 M ar., 1892 New Y ork....................... .. 1893 Feb. 23,1906 New Y ork............................. June 26,1890 1890 Feb. 12, 1907 New Y ork............................. Jan. 13,1890 1890 §1899 New Y ork............................. Sept. 28,1891 1891 Feb. 10,1912 New Y ork............................. 1884 1884 *1884 New Y ork............................. Oct. 2,1886 §1902 1890 New York.............................. Mar. 18,1902 1902 July 15,1909 New Y ork............................. April 11,1891 1891 1892 New Y ork............................. Sept. 12,1889 1890 •1910 New Y ork............................. Oct. 18,1893 1893 Sept. 7,1906 New Y ork............................. June 6,1900 1902 1900 New Y ork............................. June 27,1899 1899 N ov. 26, 1909 New Y ork............................. May 20,1901 11**1901 New Y ork............................. April 4,1802 1892 April 18,1904 New Y ork............................. July 10,1888 1890 1903 New Y ork............................. July 2,1884 tS ep t. 2,1910 1885 New Y ork............................. Feb. 16,1894 111896 1894 New Y ork............................. Mar. 12,1903 1903 New Y ork............................. Oct. 25,1886 Moh. 29, i9 i2 1890 New Y ork............................. July 2,1888 1888 New Y ork................•............ May 16,1901 ............ tttlS s New Y ork............................. Feb. 20,1895 1895 New Y ork............................. Jan., 1882 tt$M ar. 9,1906 1899 New Y ork............................. June 1,1888 1899 M ch. 8,1913 New Y ork............................. July 23,1891 1892 New Y ork............................. Mar. 5,1890 1890 New Y ork............................. Feb. 2,1891 •1892 1891 New Y ork............................. Feb. 20,1890 1893 §1900 New Y ork............................. Mar. 19,1895 1896 1895 New Y ork............................. Jan. 11,1894 1111899 1894 New Y ork............................. N ov. 10,1914 1914 New Y ork............................. Sept. 18,1888 1889 ScandinavianBuilding and Mutual Loan Association of NewYork and Brooklyn. Brool New Y ork............................. Oct. 23,1887 1889 Seconb N ational B uilding and M utual L oan A ssociation. *1882 New Y ork............................. 1875 Second Union C o- operative L and and B uilding Society___ New Y ork............................. i867 *1876 1875 •The last report received was for that year. ** Reinoorporated Febi oruary 17, 1897. *** Removed from Rochest Rochester in 1897. f Reincorporated M ay 3, 1805. f t Formerly Mercantile Building and Loan Association, g. v. t t t Receiver appointed March 7,1898. f f___ f f Taken possession of and closed by Superintendent of Banks. $ Did not report lo t the years 1893 and 1804; name in 1895. || Dissolved by action ie changed to M utual Realty and Loan Corporation Corpon because of fraudulent and illegal practices. Formerly Mercantile Association of Brooklyn, g. v.\ removed from Kings county in 1899; merged with Knicker bocker Savings and Loan Company, 1906. § Receiver appointed. §§ Absorbed by Granite State Provident Association, Manchester, N . H . §§§ Formerly M ethodist Book Concern Employees’ Co-operative Building and Loan Association, g. t. 1 1n hands o f receiver. 1 1 Name changed to Investors’ Savings ana Loan Company. 1[11 Receiver appointed October 23, 1899. ||Name changed to the Prudential Savings and Loan Association o f New Y ork, N . Y . |(|| Never completed incorporation. |||||| Formerly Teachers’ Equitable Building-Loan Association, g. v. *o Merged in the Produce Exchange Building and Loan Associ2S2P' ,.T **« Name changed to Keystone Savings and Loan Association. ***o Formerly Keystone National Savings, Loan and Investment Association, g. v. ****a Name changed to Lenox Building-Loan Company. *****o Name changed to Co-operative Savings and Loan Association of New Y ork. *6 Receiver appointed August 29, 1903. *c Formerly Knickerbocker Building-Loan Company, Rochester, changed from Lyell Avenue Savings and Loan Association, q. v., removed to New York city in 1905. **c Receiver appointed June 4, 1898. ***c Removed from Syracuse in 1899. »***c Formerly Peter Cooper Savings and Loan Society, g. v. *d Removed to Kings county in 1908. *1* Did not commence business. **§* Merged in the Franklin Society for Home Building and Savings, August 19, 1901. 11** Charter abandoned. H I* * * Removed from Kings county in 1902, oa Receiver appointed September 12, 1903. 66 Receiver appointed April 15,1903. N ew Y obk C o-opbbativb B uilding Lor Association............ New York Edison Savings, and Loan Association, The............... New York Mortgage Company o f New York.................................. New York Mutual Savings and Loan Association.......................... New York National Building and Loan Association...................... New York State Mortgage Bank and Savings Association............. New Y ork T ontine Society ....................................................... New York World Co-operative Building and Loan Association___ Nineteenth Ward Co-operative Savings and Loan A ssocia tion jffi. Nonpareil Savings and Loan Association. Northern Building, Savings and Loan Association. Novy Tabor Building and Mutual! \ Loan Corporation...................................... Ocean Avenue Lot Association^ ^ ***............................................................. Ocean Breeze Building Lot Association............................................................ Our Own Home Association.............................................................................. Park Building and Loan Association............................................................... People's Co-operative Building and Loan Association bb................. ............... People’s Real Estate Tontine*d........................................................................ Peter Cooper Savings and Loan Society........................................................... Polonia Co-operative Savings and Loan Association.................................... Popular Banking, Savings and Loan A «soc»otion***tttt...................... . Produce Exchange Building and Loan Association......................................... Prospect Co-operative Savings and Loan Association...................................... Provident Co-operative Savings and Loan Association.................................... Provident Savings-Loan Investment Company (The) t t t ................................ Prudential Savings and Loan Association o f New York, N. Y. (The) § § § ... Railroad Brotherhoods Savings and Building Association........................... Railroad Co-operative Building and Loan Association.................................. Railroad and Steamship Employees’ Mutual-Building and Loan Association. Republic Savings and Loan As«oc»otio»||ll||..................................................... Retail Merchants’ Co-operative Savings and Loan Association........................ Riverside Building and Loan Association......................................................... Rural Savings and Loan Association. Safety Co-Operative Building, Loan and Savings Association o f New York City 09 L ist of Satutos and L oan A ssociations — (Continued). First report for year, 1892 1889 1892 1891 1885 M 2 1892 1892 1888 1911 1888 1890 1890 1889 1890 1895 1890 1890 1889 1889 1862 1890 1891 1891 1893 1891 1894 1896 1888 1890 1900 1876 NIAGARA COUNTY. Home Co-operative Savings and Loan Association........ Homestead Loan Association............................................... Lockport Savings and Loan Association.......................... Niagara Permanent SavingB and Loan Association........ Niagara Savings and Loan Association............................. North Tonawanda Aid and Savings Association............... North Tonawanda............... North Tonawanda............... Lockport............................... Niagara Falls........................ Suspension Bridge................ North Tonawanda............... N ov. 10,1910 M ay 5,1890 Jan. 1,1888 Sept. 5,1887 1890 M ay 1,1887 1910 1890 1890 1888 1890 1889 (Concluded). L oan A ssociation Security Investment Company.................................... Security Mutual Bank............................................... Serial Building, Loan and Savings Institution.. . . Sherman Park Bau-Verein, N o. 1....................1. . . Sherman Park Savings and Building Association. .. Silver Lake Peak Building and Loan Association... Star Co-operative Building and Loan Association. Steamship Clerks’ Savums and Loan A ssociation.. Stuyvesant Co-operative Building and loa n Association!} Sun and Evening Sun Building, Mutual Loan and Accumulating Fund Association Teachers' Building and Loan Association of New York C ity............... Teachers' Co-operative Building and Loan Association of the City of New York. Teachers' Equitable Building-Loan Association. Treasury Corporation Co-operative-Savings and Loan Association... Triangle-Building, Loan and Tontine Savings Fund Association. . . , Twenty-third Ward Co-operative Building and Loan Association. . . , j and Loan Association .... f Building United Sovinge-Loon Sodety**%* United States Bond Company.................. United States Building-Loan League....... United States Savings and Loan Bank*$* Universal Trust C om p a n yfffi................ Washington Heights Savings and Loan Association Westchester Co-operative Savings and Loan Association W est E nd Co-operative Building and Loan Association W est Side M utual Building, Loan and Saving Association Wood-Harmon Co-operative Savings and Loan Association the City of New York April, 1891 1898 •1889 iiiii 1894 1894 1897 1111**1902 l893 1905 1898 Jan. 24,1907 D ec. 19,1904 f Jan. 20,1904 *t*1893 *l*M ay 1,1893 f f Jan. S, 1906 Feb. 18,1912 Jan. 2,1905 *1900 1903 *1875 1896 *1893 Sept. 25,1864 L oan A ssociations A pril, 1892 April, 1891 Jan. 20,1885 Dee. 31,1891 D ee., 1891 Aug. 20,1892 F eb., IMS M ar. 22,1911 April 10,1888 June 19,1888 Sept., 1888 July 6, 1888 Frit). 20,1890 Dee. 6.1895 Dee., 1889 April 20,1888 Jan. 4,1889 Sept. 12,1888 Jan. 1,1891 O ct. 1,1890 Jan. 1,1891 D ec. 15,1860 Dee. 15,1890 July 22,1891 Jan. 16,1994 M ay 20,1896 N ov. 14,188? Aug. 17,1888 Sept. 24,1900 o e t. 4, m s and and WoODDAWN HB1GBET8 MUTUAL BUILDING ASSOCIATION. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. New Y ork............................. NEW YO R K COUNTY Surety Building-Loan Mortgage Company***----S ecurity C o- operative Savings Closed. Sayings Organised. on Location. NAM ES OF ASSOCIATIONS. ONEIDA COUNTY. Comhill Building rad Loan Association........................ Homestead Aid Association of U tica............................. Homestead Aid Association of W hitestown, N. Y Mutual Savings, Loan and Building Association of Rome, N. Y . Oriskany Falls Co-operative Savings i _ i and Loan Association Savings ', Building and Loan Association o f Utica.................. Feb. 7,1891 Feb., 1884 April 3,1893 Aug. 23,1888 Oct. 1,1900 April, 1891 1891 1884 1893 1890 1900 1891 1892 1891 1889 1892 1892 1890 1892 1894 1908 1898 1895 Mar. 21,1892 Mar. 27,1891 1889 Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Mar. 30.1892 Mar. 1,1890 Feb. 13.1892 Feb. 13.1892 July 8,1908 Sept. 23,1898 Jan. 25.1893 Feb. 28.1894 Mar.,. 1890 Dec. 27.1893 June 22.1893 Dec. 22,1887 June 23,1890 Feb. 4,1888 July 14.1893 ' i894 1890 1893 1887 1890 1888 1893 ................j[894 ONTARIO COUNTY. Geneva Permanent Loan and Saving Association........... Universal Savings and Loan Company.............................. Geneva. April 19,1886 M ar., 1891 1890 1891 N ov. 18,1908 Geneva. 111900 11898 $1894 §1892 fll9 0 1 Dee. 29,1906 11894 July 29,1912 ............* *i9 oi §1893 1899 1892 1893 1899 1901 1901 J „ ORANGE COUNTY. Budding rad L ora Association of Newburgh, N. Y ................... N ewburgh.., 1886 M ay, 1886 Co-operative L ora and Savings Society...................................... Port J ervis.. Aug. 13,1891 1892 D eebpabk and W estfall B otldinq and Loan A ssociation. Port Jerv is.. •1878 1872 1876 D elaware B otldinq ano L oan Association.......................... •1877 Port Jervis.. 1875 Goshen Co-operative Savings ami L ora Association (T he)....... Goshen....... . Aug. 5*1910 1910 Homestead Budding and L oss Association................................ 1889 M iddletown. D ec., 1888 M iddletown B otldinq and L oan A ssociation..................... *1876 M iddletown. 1875 Sept .23,1873 M utual B otldinq and L oan A ssociation.............................. July 1,1874 *1879 Port Jerv is.. 1875 •The last report received was for that year. * ** Charter forfeited by non-user. *** Formerly Security Mu1 Mutual Bank, g. v. f Receiver appointed April,i I®®. t t Assignee appointed. t t f Consolidated with the Bankers’ L ora rad Investment Company. f t t" t t Taken possession of and closed by Superintendent drat $ Transferred to Eastern Building rad Loan Association of Syracuse, N. Y . $$ Removed from Geneva C , , , of_Banks. .. ----------------------.— ------------------------------------------ -------------------------------------------to Syracuse in 1895. $$$ Name changed to Secupty Building-Loan Mortgage Company; did not report for 1892. § Did not do any business. §§ Receiver appointed December 9, 1897. Name changed to Empire Sayings and Loan Association. 1 1 Receiver appointed. H I Transferred to People’s Co-operative Building and Loan Associa_ II Formerly Empire Co-operative Savings, Building and Loan Association, g. v. |lfi Name changed to Republic Savings rad Lora Association. **%* Formerly Chosen Friends Home, Lima and Savings League, q. v. * f* Succeeded by the Equitable Building and Loan Association. *$* Name changed to United States Savings and Loan Bank. *§* Formerly United States Building-Loan League, «. ». ||||**Name changed to Excelsior Building and Loan Association. I A ssociations Syracuse. Syracuse. lyraeuse. of ONONDAGA COUNTY. Atlantic Savings and Loan Association o f Syracuse, N . Y ___ Centred City Building and Loan Association............................. Central New York Co-operative Savings and Loan Association. Commercial Building and Loan Company................................. Cosmopolitan Building and Loam Association........................... Eastern Building and Loan Association o f Syracuse, N . F .. .. Empire Co-operative Savings’ Building and Loan Assod Issodadon. Empire Savings and Loan Association |J f f t f ................. Fair C ity Co-operative Savings and Loan Association. Home Building and Led Association................................ Interdate BuiMing and Mutual Loan Association Merchants and Mechanics’ Savings and Loan Association. Merchants’ Co-operative Savings and Loan Association___ New York Savings and Loan Association.......................... Onondaga Savings and Loan Association........................... People’ s Building, Loan and Saving A ssociation#.......... Safety Investment and Loan Company............................... Syracuse Co-operative Savings and L ora Association... United Savings, Building and Loan Association............... L ist U tica................ U tica................ W hitesboro___ Rom e................ Oriskany Falls. U tica................ os L ist o r Savings an © L oan A ssociations — ( Continued). Port Jervis.. . Port Jervis.. . Port Jervis.. . M ay 30,1868 Aug., 1891 M ay 30,1868 1875 1892 1875 Central Valley M iddletow n.. M onroe.......... Central Valley April, 1890 O ct. 12,1873 Feb. 27,1903 Feb., 1889 1890 1875 1903 1890 ORLEANS COUNTY. Medina Savings and Loan Association................................................................................ Orleans County Co-operative Savings and Loan Association............................................ M edina. A lb ion .. M ar. 20,1888 July 16,1889 1888 1889 OSWEGO COUNTY. Dime Building ami Loan Association.................. E mpibb Savings and A id Association............. Frontier Permanent Building and Loan Association. G usman D bposit and A id A ssociation............... Heme Savings and Aid Association.......................... Lake C ity Building and Loan Association.............. M utual D bposit and A id A ssociation.............. Ontabio Savinos and A id Association............... Oswego M utuai, Savings and A id Association. Oswego Savings and Loan Association...................... Reciprocity Building and Loan Association........... Security Building and Loan Association................. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. Oswego. M ar. 5,1890 1884 Oct. 1,1888 Aug. 4,1874 Feb. 1,1888 Aug. 14,1890 July 22,1879 July 8,1873 Feb. 20,1884 April 16,1888 Oct. 16,1890 Aug. 1,1890 1890 1884 1888 1875 1888 1890 1879 1875 1884 1888 1893 1890 OTSEGO COUNTY. Oneonta Building and Limn Association........................ Oneonta. April 27,1888 1888 QUEENS COUNTY. Astoria Real Estate Association........................................................................................... Bohemian Tax-payers' Co-operative Savings and Loan Association o f Long Island City. Central Permanent Building and Limn Association......................................................... Columbia Building and Loan Association i . Flushing Co-operative Savings and Loan Association....................... Long Island C ity Building ami Limn Association.............................. Long Island City Long Island City Long Island City W oodhaven....... Mushing............. Long Island City M ar. 4,1889 Jan. 4,1897 D ec. 4,1888 Aug. 14,1889 M ar., 1888 June, 1887 1890 1897 1889 1889 1890 1887 *1879 *1882 tttt *1883 April, 1878 *1888 April, 1892 *1902 •*Mar. 3,1906 L oan A ssociations 1875 1875 1890 and Aug. 2,1875 Aug. 13,1886 Savings Port Jem s. Port Jervis. ORANGE COUNTY — (.Concluded) N bvxbsinx B uilding and Loan A ssociation....................... Orange C ounts: B uilding and L oan A ssociation.............. Orange County Building and Loan Association, N o. 2 ............ Port Jervis Building and Loan Association, No, 1, o f the Village of Port Jervis, Orange County, N . Y ...................................................................................................................... Port Jervis Real Estate and Loan Association................................................................... Port Jervis Savings ami Loan Association, N o. 1.............................................................. Union Building and Loan Association of the Town of W oodbury, County of Orange, State of New Y ork............................................................................................................. W allxill Building and L oan A ssociation.................................................................. Warwick, Monroe and Cheater Building and Loan Association........................................ Woodbury, Monroe and Chester Building and Loan Association......................................... Closed. on First report for year. R eport Organised. Location. NAMES OF ASSOCIATIONS. Long Island Savings and Investment Association.................. Queens County Co-operative Savings and Loan Association. Kockaway Savings and Loan Association............................... Whitestone Co-operative Savings and Loan Associations.. . . Flushing............. Jamaica.............. W est Rockaway. W hitestone........ April 14,1882 M ay 22,1888 Oct. 5,1914 Aug. 81,1891 1893 1888 1914 RENSSELAER COUNTY. Castleton Building, Savings and Loan Association............. Castleton Savings and Loan Association................................ Castleton........ Feb. 24,1913 T koy S avings C ompany . Hoosick Falls. T roy............... Hoosick Falls. T roy............... T roy............... T roy............... 1882 M ay 1,1889 June, 18% Feb. 25,18% Oct. 25,1897 1870 1913 18% 1885 18% 18% 18% 1897 1875 RICHM OND COUNTY. Edgewater Co-operative Savings and Building-Loan Association............ MiDiken Co-operative Savinas and Loan Association of New Y ork........ New Brighton Co-operative Savings and Loan Association..................... NorthfieM Building, Loan and Savings Association.................................. North Shore Building, Loan and Savings Association.............................. Polish Savings and Loan Association o f Richmond County, N. Y ., The. Port Richmond Co-operative Savings and Loan Association................... Prohibition Park Building, Loan and Savings Association........................ Richmond Borough Co-operative Savings mid Loan Association............ Richmond County Building and Mutual Loan Association..................... South Shore Savings and Loan Association.............................................. Staten Island Building, Loan and Savings Association........................... Tompkinaville Co-operative Savings and Loan Association..................... Westerleigh Building, Loan and Savings Associationf.............................. Stapleton................... Mariner’s H arbor.... New Brighton........... Mariner’s H arbor... Port Richm ond........ Port Richm ond........ Port Richm ond........ W est New Brighton. Mariner’s H arbor... Tottenville................ New Dorp................. Week New Brighton. Tompkinaville........... West New Brighton. M ay, 1887 May 4, 1906 July 17,1900 Feb., 1887 April 18,1888 July 18,1912 Feb. 3,1910 Deo. 9 ,1% 2 Aug. 25,1902 Dec. 13,1881 Feb. 17,1915 Feb. 8,1876 July 13,19% Dec. 9 ,1%2 1887 1906 1900 1887 1888 1912 1910 1893 1902 1881 1915 1876 19% Spring V alley........................ Sept. 1,18% 1%1 Spring V alley........................ M ay, M ar. 1 ,1%1 June 13,1888 Sparkill................................. M ay 27,1915 Pmrl R iver........................... April 25,1899 Haverstraw........................... June 1,1888 Haverstraw........................... June 1,1888 Suffem ................................... Feb. 1,1887 1889 1892 1892 1890 1915 1899 1890 18% 1887 H oosick B uilding and L oan A ssociation . Industrial Building-Loan and Savings Association of Troy. Permanent Savings and Loan Association of Hoosick Falls, New York. Pioneer Building-Loan and Savings Association of T ro y .... Troy Co-operative Savings and Loan Association. Feb. 1,18% *1881 r ***i% 2 1%2 1887 1893 • "il ttt ST. LAW RENCE COUNTY. Canton....... 18% Feb. 27,1889 Canton Savings and Loan Association..................... ................................................... 1892 Gouverneur. Jan. 1 4 ,1%2 Gouverneur Savings and Loan Association................................................................. 18% M ay. 1,18% N orw ood... Norwood Savings, Loan and Building Association..................................................... April 21,1888 Ogdensburg. 1888 Ogdensburg Savings and Loan Association................................................................. P otsdam .. . 18% M ay 16,18% Potsdam Savings, Loan and Building Association...................................................... * The last report received was for that year. ** Receiver appointed 1906. »** Name changed to Westerleigh Building, Loan and Savings Association, t Formerly Prohibition Park Building, Loan and Savings Association, a* ». f t Name changed to Warwick, Monroe and Chester Building and Loan Association, t f t Name changed to Suffem Savings and Loan Association, July 1,1611. t t t t Name changed to Port Jervis Savings and Loan Association Number 1, Februaiy 1, 1612. J Removed from Brooklyn, Kings County, December 7, 1869. } Reincorporated February 7, 1896. II Reincorporated October 18,1896. Name changed to The Provident Building mid Loan Association of Haverstraw, N . Y „ Inc., M ay 26,1918. A ssociations Suffem. 1891 *18% of ROCKLAND COUNTY. Co-operative Savings and Loan Association of Spring Valley....................................... Helping Hand Building and Loan Association................................................................. Home Building and Loan Association of Spring Valley................................................. Nyaok Building, Co-operative Savings ana Loan Association...................................... Orangetown Savings and Loan Association................................................................... Park Co-operative Savings and Loan Association of Pearl River, New Y ork.............. Provident Building and Loan Association of Haverstraw, N. Y ., Inc., T he................ Provident Building and Loan Association o f Spring Valley, New York\\..................... Suffera Savings and Loan Association............................................................................. Town o f Ramapo Building and Loan Association, No. 1, of die Village o f Suffem, Rock land County, New F ork ftt............................................................................................ Castleton..... 1%1 L ist of Sayjnos and L oan A ssociations — NAMES OF ASSOCIATIONS. (Concluded). Location. oo Organised. First report for yew . Closed. April, 1889 April 17, IMS 18% SENECA COUNTY. Seneca Building and Loan Association^...................................................................... Seneca Falls. April 1,1803 1893 A voca................. Bath................... Cohocton........... Com ing.............. Hkmmnndnjwwfc.. H oraell............... North Cohocton. W allace.............. W ayland............ N ov. 14,18% Feb. 4,1890 Feb. 6,1890 M ay 14,1899 M ay 12,1915 Mar. 27,1888 Jan. 18,1906 April 1,1891 Feb. 24,1891 Jan* 20,1888 1890 1890 1890 18% 1915 1888 1908 1891 1896 18% SUFFOLK COUNTY. Amityvitte Co-operative Building, Loan and Savings Associationf . .. Babylon and Oak Beach Co-operative Savings and Loan Association. Co-operative Savings and Loan Association o f SayviUe....................... Am ityville.............. Babylon................. SayviUe.................. N ov. 20,1893 M ay 31,1895 July 2,1894 1893 $ 1%5 1894 SULLIVAN COUNTY. First Farmers’ Savings and Loan Association................................... CenterviUe Station Aug. 12,1914 1914 W avbbmt M utual L oan A ssociation .......................... W averly................. W averly................. July 21,1903 April, 1876 1903 1876 *1885 TOM PKINS COUNTY. Groton Savings and Loan Association................................ Ithaca Savings and Loan Association............................... Trumansburg Co-operative Savings and Loan Association. . Groton........... Ithaca............ Trumansburg. July 18,1914 M ay 17,1915 April 30,1907 1914 1915 1907 Aug. 25,1909 Rondout. July 5,1889 1889 § 1%1 Rondout.. Kingston. Saugerties W ailkill.. July 21, 1891 Jan. 11,1892 N ov. 7,1907 Sept. 3,1913 1891 1892 1907 1913 STEUBEN COUNTY. Avoca Co-operative Savings and Loan Association............ Bath Savings and Loan Association................................. Cohocton D%me Savings and Loan Association. Corning Co-operative Savings and Loan Association Hammondsport Savings and Loan Association......................................... HoraelisvUle Co-operative Savings and Loan Association........................ Maple C ity Co-operative Savings and Loan Association.......................... Union Dime Savings and Loan Association o f North Cohoeton and Bloods. Wallace Co-operative Savings and Loan Association.................................... Wayland Dime Savings and Loan Association........................................... TIOGA COUNTY. W averly Co-operative Savings and Loan Association. ULSTER COUNTY. Borne Co-operative Savings and Loan Association o f the City o f Kingston. Rondout, N . Y. Homo-Seekers’ Co-operative Savings and Loan Association of the City of Kingston, N. Y " Kingston Co-operative Savings and Loan A ssociation.......... Saugerties Co-operative Savings and Loan Association (T he). Wailkill Valley Savings and Loan Association.......................... H ornell................ 1%5 1898 Feb. 21,1916 ............ **i% 8 1W)1 18% 1896 t Dec. 31, 1904 L oan A ssociations Sohenectady. Schenectady. and 1905 Savings April 25,1905 on M echanicville... SCHENECTADY COUNTY. Schenectady Building, Loan and Savings Association of the City of Schenectady. Standard Co-operative Savings sad Loan Association................................................. R eport m , SARATOGA COUNTY. Mechanicville Co-operative Savings and Loan Association..................................... Glens Falls............................ Dec. 2,1889 1890 ... ............ .... . W ASHINGTON COUNTY. Whitehall Co-operative Saving and Loan Association.................................. . W hitehall.............................. Dec. 31,1910 ........ W AYN E COUNTY. Lyons Co-operative Savings and Loan Association............................................ Wayne Building, Loan and Accumulating Fund Association......................... Lyons..................................... Palmyra................................. M ar. 31,1909 Mar. 8,1888 1909 1888 1807 1893 1901 1887 1890 1890 1900 Jan. 19,1897 Mar. 17,1893 M ount Vernon...................... Mamaroneck......................... New Rochelle........................ Yonkers................................. Peekskill................................ Tarrytown............................. Tuckahoe.............................. W hite Plains......................... W illiamsbridge...................... Yonkers................................. June 17,1887 Dee. 24,1890 Sept. 15,1888 M ay 2,1900 July 1, 1890 1891 April 9,1890 May 1, 1889 Feb. 28,1890 Jan. 18,1888 W YOM ING COUNTY. Tonawanda Valley Co-operative Savings and Loan Association..................... . A ttica.................................... YATES COUNTY. Home Savings and Loan Association of Penn Y an........................................ Penn Y an.............................. 1808 1805 1902 1895 1890 Iran 1892 1888 1901 1893 M ay 14,1907 1907 July 16, 1909 Jan. 27,1890 1890 ... * The last report received was forth a t year. •* Receiver appointed. *** Never commenced business; name dropped from official list. t Consolidated with the Anglo-American Savingsi and.Loan.Association>of New York: C ity. t Never completed incorporation. f Succeeded by Home-Seekers’ Co-operative Savings and Loan Association of the C ity of Kmgeton, N. Y . . 1 Ha« not reported since 1805. I f Orlando F. Thomas appointed receiver August %, 1900. |lSuccessor to Home Co-operative Savings and Loan Association of the City of Kingston, Rondout, N. Y ., g. v. A ssociations Yonkers................................. W hite Plains......................... 0 , 1011 111900 of W ESTCHESTER COUNTY. Fidelity Co-operative Savings and Loan Association........................................ . Harrison Building and Loan Association........................................................., Hastings-on-Hudson Building, Co-operative Savings and Loan Association Home Building and Loan Association of Mount Vernon.......................... M&maroneck Co-operative Savings and Loan Association............................ New Rochelle Co-operative Building and Loan Association......................... Park View Lot Association............................................................................... Peekskill Co-operative Building, Savings and Loan Association................. Tarrytown and North Tarrytown Building and Loan Association.............. Tuckahoe Home Building and Loan Association. . ...................................... White Plains Building and Loan Association................................................. Williamsbridge Building and Loan Association............................................... Yonkers Building and Loan Association........................................................ ***Mar. L ist W ARREN COUNTY. Glens Falls Savings and Loan Association...................................................... CD n i ? TXAA.11 T T dVjkJ l ? n oQ T ?M I?M T JL/Ju X IA\ TXTHfl¥XJCilN X OF THE CONDITION OF THE Savings and Loan Associations OF THE STATE OF NEW YO R K January 1,1916 AS C O M P IL E D F R O M R E P O R T S T O T H E B A N K IN G D E P A R T M E N T These Associations Are Arranged Alphabetically by Counties 1511 ALBANY COUNTY ALBANY COUNTY SAYINGS AND LOAN ASSOCIATION N os. 309-313 South P earl street, A lbany, N . Y . [Organized under Law of 1892. Officers Names President..................... Secretary.................... Treasurer................... Attorney..................... Commenced business 18921 Post-office addresses B. B. BOCK............................................. GUY H. BENJAMIN............................ W. S. VAN DERZEE............................ LOUIS SILBEBMAN............................ 145 Dongan Avenue. 11 Delaware Terrace. 1*68 So. Pearl Street. De Graaf Building. ASSETS Loans on bond and m ortg a g e................................................................. Loans on s h a r e s ............................. ........................................................... R eal estate .................................................................................................. Gash on hand and in bank'....................................................................... F u rn itu re and fixtures ............................................................................ Advances fo r taxes, insurance, e t c ........................................................ $202,270 8 ,0 0 8 19,000 5 ,6 9 4 100 83 41 00 00 46 00 89 $235,156 76 LIABILITIES D ue shareholders, d u e s .............................. D ue shareholders, dividends cred ited .................................................... Undivided profits ................................................................................. G uaranty fu n d (a s per section 392 o f Banking L a w ) .................. Suspense a ccou nt ................................................................................. $206,688 16,809 5 ,2 5 4 6 ,3 8 3 20 80 11 95 59 31 $235,156 76 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited t o m em bers....................................................................... M oney borrow ed ....................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id ....................................... Fees r e c e iv e d .......................... Fines received ............................................................................................ In terest received ..................................................................... R en t received ....... D ividends retained on w ith draw a ls...................................................... Advances repaid ......................................................................................... M iscellaneous i t e m s ................................................................................... Suspense accou nt ....................................................................................... $663 107,640 5 ,0 0 0 35,000 9 ,9 3 0 117 218 12,770 1,314 345 153 20 1 77 41 00 00 00 5) 76 13 00 89 55 11 52 $173,175 64 DISBURSEMENTS Loaned on m ortgage ................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s .......................... D ividends pa id on w ithdraw al, or applied on lo a n s ...................... P a id borrow ed m oney and p rior m ortga ges........................................ P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................. P a id advertising, p rin tin g and p osta ge................ .......................... P a id repairs t o real esta te..................................................................... P a id taxes, insurance, e t c ........................................................................ P a id banking departm ent, assessm ent............................ [5 3 ] $27,900 9 ,5 25 100,486 7 ,1 67 18,000 680 2 ,2 7 4 25 193 454 17 00 00 37 40 00 25 00 69 49 45 84 54 R epoet on S avings and L oan A ssociations Officers’ bonds .............................................................................................. A dvances fo r taxes, insurance, e t c ........................................................ State League dues ..................................................................................... T e le p h o n e ....................................................................................................... L ig h t and f u e l .............................................................................................. C le a n in g .......................................................................................................... S t a tio n e r y ...................................................................................................... M iscellaneous item s .................................................................................. Cash on hand December 31,1915.......................................................... $24 127 7 60 183 80 30 233 5 ,6 9 4 00 48 50 56 92 15 80 28 46 $173,175 64 P lan , permanent. P a r value o f shares, $100. Installm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 7,621; shares issued du rin g the year, 2 ,1 82 ; shares w ithdraw n du rin g th e year, 2,755; shares in foree, 7,048. B orrow in g members, 160, holdin g 1,855 shares; non-borrow ing members, 1,000, h oldin g 5,193 shares. Fem ale shareholders, 683, h oldin g 3,139 shares. T o ta l dividends credited members du rin g the yea r on instalm ent shares, $7,934.05; rate, 5 per cent, and 6 per cent. T ota l dividends credited o r pa id in cash t o members du rin g the year on oth er shares, $1,642.64; rate, 4 per cent, and 4 % per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f th e Banking Law , incurred and pa id du rin g the year, $2,832.92. U npaid, none. N o prem ium plan. In terest paid b y b orrow in g members, 6 per cent. N o prem ium charged. Loans have been made in A lbany, Rensselaer and Schenectady counties, N ew Y o rk State. Largest m ortgage loan outstanding, $5,800. M ortgages in force in New Y ork State, $202,270.41. N o forelosures du rin g th e year. C E N T R A L S A V IN G S A N D LO AN ASSO CIA TIO N N o. 302 Central avenue, A lbany, N. Y . [O rgan ized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Com m enced business 1801] Post-office addresses Names JOHN WAGNER.................................... ............. Albany, N. Y. FREDERICK W. COOK........................ FREDERICK G. MICHEL.................... ............. Albany, N. Y. HOWARD HENDRICKSON................. ASSETS L oan s on bond and m ortg a g e.................................................... L oan s on shares ............................................................................ R ea l e s t a t e ....................................................................................... Cash on hand and in b a n k .......................................................... F u rn itu re and fixtures ............................................................... In terest, prem ium , fees and fines due and u n p a id ........... Advances fo r taxes, insurance, e t c ........................................... ........... ........... $ 9 4 ,7 7 8 47 382 00 ........... ........... ........... 1 ,4 4 9 61 477 86 1 ,8 6 6 17 $107,545 91 LIABILITIES D ue shareholders, dues ............................................................... D ue shareholders, dividends cred ited .................................. Balance to be paid borrow ers on m ortgage lo a n s ........... B orrow ed m oney .......................................................................... U ndivided profits .......................................................................... G u aran ty fun d (a s per section 392 o f Banking L a w ) . . ........... ........... ........... ............ ........... $75,8 1 5 7 ,1 3 9 3 ,4 0 0 1 1 ,5 0 0 49 43 00 00 3 ,4 5 0 00 $107 ,'545 91 55 A lbany County. RECEIPTS Cash on hand January 1, 1915............................................................... Dues credited t o m em bers.......................... M oney borrow ed ......................................................................................... M ortgages redeemed, forclosed or tran sferred to real esta te -----Loans on shares re p a id .............................................................................. B eal estate sold ......................................................................................... Fines received .............................................................................................. In terest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... B en t received ..................................... D ividends retained on w ith draw als..................................................... Advances repaid ......................................................................................... Sale o f f i x t u r e s ........................................................................................... Insurance r e b a t e d ....................................................................................... $765 2 2 ,6 9 0 2 0 ,0 0 0 2 2 ,8 8 3 330 25 116 4 ,7 67 2 ,3 8 3 500 295 79 22 7 12 51 00 95 00 00 58 06 53 00 26 71 14 20 $74,565 06 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... P aid m atured shares ................................................................................ D ividends pa id on w ithdraw al, or applied on lo a n s .................... Cash dividends paid on ineom e and accum ulative prepaid s h a r e s .......................................................................................................... P a id borrow ed m oney and p r io r m o r tg a g e s ..................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P u d fo r rea l esta te .......................... P a id salaries and clerk -h ire..................................................................... P a id advertising, prin tin g and p osta g e............................................. P a id rent ...................................................................................................... P a id taxes, insurance, e t c .......................................................................... P aid banking departm ent, assessm ent............................................... Advances fo r taxes, insurance, e t c ...................................................... Incom e ta x .................................................................................................. Cash on hand Decem ber 31, 1915.......................................................... $ 1 8 ,6 0 0 27,351 3 ,1 87 677 00 43 06 49 1,611 11 ,50 0 266 7 ,7 17 1,117 453 500 79 8 38 6 1,449 26 00 77 10 78 68 00 50 28 82 28 61 $74,565 06 Plan, permanent. P ar value of shares, $100. Instalm ents are 15 cents weekly. Shares in force January 1, 1915, 6,647; shares issued during the year, 1,518; shares w ithdraw n during the year, 1,021; shares in force, 7,144. B orrow in g members, 78, holding 801 shares; non-borrow ing members, 584, holding 6,343 shares. Fem ale shareholders, 284, holding 2,486 shares. Total dividends credited members during the year on instalm ent shares, $1,748.98; rate 4 per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $1,658.22; rate, 4 per eent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $3,187.06. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid during the year, $2,071.46. U npaid, none. Prem ium plan, instalm ent. Interest paid by borrow in g members, 5 % per cent. Prem ium paid by borrow ing members, 5 cents per share per week. Loans have been made in A lbany, Colum bia, Essex, Greene, Onondaga, Rens selaer, Saratoga, Scheneetady and Schoharie counties, New Y ork State. L argest m ortgage loa n outstanding, $5,000. M ortgages in force in New Y ork State, $94,778.47. T^ree foreclosures durin g the year. 56 R epoet of Savings and L oaf A ssociations PERMANENT SAVINGS AND LOAN ASSOCIATION OF ALBANY, N. Y. N o. 48 Sou th P ea rl street, A lbany, N . Y . [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... Attorney...................... Commenced business 1889] Names HENRY SCHAFER----OHAS. P. BRETT......... STEPHEN L. FOSTER EDWARD W. RANKIN Post-office addresses Albany, N. Y. Albany, N. Y. Albany, N. Y. Albany, N. Y. ASSETS L oans on bond and m ortg a g e ................................................................... L oans on shares .......................................................................................... Cash on hand and in b a n k ..................................................................... T a x and street im provem ent certifica tes............................................. $ 2 1 7,6 0 0 2 4 ,2 1 8 1 ,7 0 7 114 00 00 72 28 $ 2 4 3 ,6 3 0 08 LIABILITIES D ue shareholders, d u e s ................. D ue shareholders, dividends cred ited .................................................. B alance t o be pa id borrow ers on m ortgage lo a n s ......................... B orrow ed m o n e y .......................................................................................... U ndivided profits ........................................................................................ G uaran ty fun d (a s per section 302 o f B anking L a w ) ................ $ 1 7 0,0 8 2 2 0 ,2 0 3 3 ,8 0 0 2 3 ,0 0 0 16 ,31 7 9 ,2 7 6 21 70 00 00 62 45 $ 2 4 3 ,6 3 0 08 RECEIPTS Cash on hand Ja n u a ry 1, 1915........................ Dues credited t o members ...................................................................... M on ey borrow ed .......................................................................................... M ortgages redeemed, foreclosed or tran sferred t o rea l e s t a t e .. L oans on shares re p a id .............................................................................. Fines received .............................................................................................. Interest r e c e iv e d .......................................................................................... R ent re ce iv e d ................................................................................................. D ividends retained on w ith d raw a ls...................................................... T a x certificates redeem ed.......................................................................... $ 1 ,6 3 7 57 8 2 ,9 4 4 12 3 2 ,0 0 0 00 5 2 ,4 0 0 00 39,077 00 378 63 13,703 56 196 00 1 ,1 75 49 7291 $223,585 28 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on s h a r e s .................................. Dues repaid on w ithdraw al, oi; applied on lo a n s ............................. P a id m atured s h a r e s ................. D ividends p a id on w ith draw al, o r applied on lo a n s .................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortg a g e.............. P a id salaries and clerk -h ire.......................................................... P a id advertising, printing and p osta ge................................‘ ........... P a id ren t .......................................... P a id banking departm ent, assessm ent............................................... Officers’ bonds ....................................................................................... T a x and street im provem ent certifica tes........................................... A u d itin g com m ittee ................................................................................. F u rn itu re and f i x t u r e s ........................................................ .............I . . S i g n s ............................................................ I n s u r a n c e ........................................................................................................ L i g h t i n g .......................................................................................................... C le a n in g .......................................................................................................... $63 ,7 6 5 3 8 ,916 5 7 ,37 5 2 6 ,2 6 3 3 ,4 4 0 2 7 ,0 0 0 941 2 ,4 0 8 528 720 17 34 114 30 9 19 18 15 78 00 00 73 10 80 00 69 00 63 00 29 00 26 00 13 05 23 00 00 57 A lbany County T e le p h o n e ................................................................... Office supplies ............................................................................................. P ass books .................................................................................................... Loan r e g i s t e r ................................................................................................ In tern al revenue s t a m p s ......................................................................... M iscellaneous item s ................................................................., ............. Gash on hand December 31, 1915.......................................... ............... $58 10 35 18 4 48 1,707 17 85 00 10 40 13 72 $223,585 28 P la n , permanent. P a r value o f shares, $105. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 7,015; shares issued du rin g the year, 3,016; shares w ithdraw n du rin g the year, 2,891; shares in force, 7,140. B orrow in g members, 215, h old in g 4,150 shares; non-borrow ing mem bers, 777, hold in g 2,990 shares. Fem ale shareholders, 498, holdin g 2,241 shares. Total dividends credited mem bers durin g the year on instalm ent shares, $9,000.40; rate, 5 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $28,263.10. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g the year, $4,034.69. U npaid, none. N o prem ium plan. In terest paid b y b orrow in g members, 6 per cent. N o prem ium charged. Loans have been made in - A lbany, Colum bia, Rensselaer and Saratoga counties, N ew Y o rk State. L argest m ortgage loan outstanding, $5,200. M ort gages in fo rce in N ew Y ork State, $217,600. N o foreclosures du rin g the year. THE SAFETY BUILDING-LOAN AND SAVINGS ASSOCIATION OF THE CITY OF ALBANY N o. 407 B roadw ay, A lbany, N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney...................... under Law of 1851. Commenced business 1889] Names Post-office addresses JOHN H. LYNCH.................................. 27 Madison Avenue. EDWARD J. B. MURRAY.................... 256 Quail Street. JOHN J. GALLOGLY............................ First National Bank. ANDREW G. SEELMAN...................... 68 State Street ASSETS $ 3 01,700 00 Loans on bond and m ortg a g e ...................................... 2 0 ,88 5 00 Loans on shares ............................................................... 152 21 Gash on hand and in b a n k ............................................. 1,088 25 Instalm ents due and unpaid ...................................... 722 49 Interest, prem ium , fees and fines due and unpaid 650 34 Advances fo r taxes, insurance, e t c ........................... 978 07 Interest accrued ............................................................... F ines accrued ................................................................... 17 02 $326,193 38 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends cred ited ............................................ B orrow ed m oney ......................................................................................... U ndivided profits ..................................................................................... G uaran ty fun d (a s per section 392 o f Banking L a w ) ................ Dues paid in advan ce............................................ In terest paid in advan ce.......................................................................... In divid u a l accounts ................................................................................... $244,090 50,061 1 7 ,00 0 8 ,2 7 0 6 ,4 55 246 62 7 50 16 00 08 30 50 49 29 $326,193 38 58 R epoet oh S avings and L oan A ssociations R E C E IP T S Cash on hand Janu ary 1, 1915................. D ues credited t o members .......................... M oney borrow ed ....................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. L oan s on shares r e p a i d ............................................................................ Fees received ..............................................................................................; F ines received .............................................................................................. In terest r e c e iv e d ......................................................................................... D ividends retained on w ith d raw a ls........... .. ..................................... Advances repaid ......................................................................................... In divid u al accounts ................................................................................... $393 58 ,79 5 4 1 ,0 0 0 5 2 ,5 5 0 13,681 94 500 19,813 1 ,900 1,195 2 ,0 5 2 73 00 00 00 00 66 77 56 36 28 83 $191,986 19 DISBURSEMENTS Loaned on m ortgage .................................................................... Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s......................... P a id m atured shares .............................................................................. D ividends paid on w ithdraw al, or applied on lo a n s...................... Cash dividends paid on incom e and accum ulative prepaid shares P a id borrow ed m oney and p rior m ortga ges...................................... P a id in terest on borrow ed m oney and p rior m ortga ges------- ------P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta ge............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exam in ation ............................................. P a id bank in g departm ent, assessm ent............................................... Officers’ bonds ........................................................................................ A dvances fo r ta x e s ..................................................................................... S ta te League dues and expenses............................................ In divid u a l accounts ................................................................................... Office fu rn itu re ............................................................................................ B u rgla ry insurance ................................................................................... Telephone, ligh tin g and clea n in g .......................................................... Office supplies .............................................................................................. P a in tin g office sign ................................................................................... Loss on accounts ....................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $45,050 00 8 ,2 1 2 00 40 ,94 5 75* 2 4 ,5 0 0 00 8 ,1 0 0 08 949 77 5 4 ,0 0 0 00 1 ,7 43 07 720 00 102 67 225 00 54 00 25 17 22 00 223 39 34 90 6 ,6 8 0 89 64 15 38 60 42 70 43 59 16 75 39 50 152 21 $191,986 19 P la n , serial. P a r value o f shares, $200. Instalm ents are 50 cents semi m onthly. Shares in fo rce Ja n u a ry 1, 1915, 4 ,1 7 2 % ; shares issued du rin g the year, 8 7 3 ; shares w ithdraw n du rin g th e year, 8 6 6 ; shares in force, 4,1 79 % . B or row in g members, 256, h oldin g 1,918% shares; non-borrow ing members, 325, h oldin g 2,261 shares. Fem ale shareholders, 225, h oldin g 1,325% shares. T o ta l dividends credited members du rin g the year on instalm ent shares, $15,223.79; rate, 6 per eent. T ota l dividends credited o r pa id in cash to mem bers du rin g the year on oth er shares, $949.77; rate, 4 % per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $24,500. E ntrance fee, 25 cents per A a r e ; m axim um fee $1. O perating expenses, as defined in section 390 o f the B anking l a w , incurred and pa id du rin g the yea r, $1,349.86. U npaid, none. N o prem ium plan. In terest p a id b y b orrow in g members, 6 per cent. N o prem ium charged. Loans have been made in A lbany, Rensselaer and Schenectady counties, N ew Y o rk State. L argest m ortgage loan outstanding, $20,000. M ortgages in force in N ew Y ork State, $301,7,00. One foreclosure du rin g the year. 59 A lbany County VOORHEESVILLE SAYINGS AND LOAN ASSOCIATION Y oorheesville, N . Y . [Organized under Law o f 1910. Commenced business 1913] Officers Names Post-office addresses President..................... FREDERIC V. GRIESMAN. Voorheesville, N. Y. Secretary..................... JOHN C. GUFFIN................. Voorheesville, N. Y. Treasurer................... Voorbeesville, N. Y. JOHN C. GUFFIN................. Attorney...................... S. J . D A R IN G ........................... Voorbeesville, N. Y. ASSETS Loans on bond and m ortga ge................................................................ Cash on hand and in b a n k ....................................................................... Furniture and fix tu res.............................................................................. $17,4 7 8 33 2 0 63 24 00 $17,522 96 LIABILITIES Due shareholders, d u e s ........................................................................... D ue shareholders, dividends cred ited .................................................... Borrow ed m o n e y ......................................................................................... U ndivided profits ..................................................................................... G uaranty fun d (a s per section 392 o f B anking L a w ) .................. $16,297 561 300 302 62 05 68 00 07 16 $17,522 96 RECEIPTS Cash on hand Janu ary 1, 1915................. Dues credited t o m em bers................. .................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. . Fees received ............................................................................................. Interest r e c e iv e d ......................................................................................... D ividends retained on w ith draw a ls..................................................... $196 10,687 3 ,4 0 0 746 1 759 13 58 10 00 67 25 18 53 $15,804 31 DISBURSEMENTS Loaned on m o rtg a g e ................................................................................ Dues repaid on w ithdraw al, or applied on lo a n s ........................... D ividends pa id on w ithdraw al, o r applied on lo a n s ...................... P aid borrow ed m oney and p rior m ortga ges...................................... P aid interest o n borrow ed m oney and p rior m ortgages................ P aid salaries and elerk-hire ................................................................. P aid advertising, prin tin g and p osta ge............................................. P aid rent ...................................................................................................... P a id banking departm ent, assessment ............................................... Officers’ bonds ........................................................................................... L ig h tin g and h e a t in g ................. Cash on hand December 31, 1915 ........................................................ $8,056 41 4 ,4 1 8 2 5 97 36 3 ,1 0 0 00 25 67 52 00 4 25 12 00 1 74 8 00 8 00 20 63. $15,804 31 Plan, permanent. P ar value o f shares, $100. Instalm ents are 25 cents weekly. Shares in fo rce Janu ary 1, 1915, 4 97; shares issued du rin g the year, 161; shares w ithdraw n during the year, 101; shares in force, 557. B orrow ing mem bers, 9, holdin g 152 shares; non-borrow ing members, 73, h oldin g 405 shares. Fem ale shareholders, 19, holdin g 133 shares. T ota l dividends credited members d u rin g th e year on instalm ent shares, $264.20; rate, 5 per cent, and 6 per cent. T o ta l dividends credited or paid in cash to members during the yea r on oth er shares, $134.31; rate, 4 per cent, and 4 % per cent. 60 R eport oh S avings and L oan A ssociations N o unpaid w ithdraw als. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid d u rin g the year, $84.25. Unpaid, none. N o prem ium plan. In terest paid b y b orrow in g members, 6 p er cent. N o prem ium charged. Loans have been m ade in A lban y cou nty, N ew Y ork State. L argest m ortgage loan outstanding, $3,700. M ortgages in force in N ew Y o rk State, $17,478.33. N o foreclosures d u rin g the year. WEST END SAYINGS AND LOAN ASSOCIATION N o. 854 M adison avenue, A lbany, N . Y . [Organized Officers President..................... Secretary....................... Treasurer................... Attorney...................... under Law o f 1851. Commenced business 1880] Names Post-office addresses WILLIAM E. FOSKETT......................... 41State Street. EDWARD W. DE ROUVILLE... 854 Madison Avenue. C. A. HOLLENBECK.............................. 88 Beaver Street. WALTER E. W ARD............................. 78State Street. ASSETS Loans on bond and m ortg a g e................................................................. R eal e s t a t e ..................................................................................................... Cash on hand and in b a n k ..................................................................... A dvances fo r taxes, insurance, e t c ........................................................ $ 2 67,810 17 ,05 8 5 ,0 3 7 79 00 20 41 22 $289,984 83 LIABILITIES Due shareholders, dues ............................................................................ D ue shareholders, dividends credited ................................................. B orrow ed m oney ....................................................................................... U n divided profits ....................................................................................... G uaranty fun d (as per section 392 o f B anking L a w ) ..................' U nearned o r rebatable p r e m iu m .......................................................... Special reserve ............................................................................................ $214,902 3 3 ,8 0 3 17,500 1 2,454 6 ,8 0 0 4 ,2 7 2 251 39 27 00 89 00 88 40 $289,984 83 RECEIPTS Cash on hand Janu ary 1 , 1 9 1 5 ............................................................... D ues credited to members ...................................................................... M oney borrow ed .......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. . L oan s on shares r e p a i d ...................................................................... Fees received .............................................................................................. In terest received ....................................................................................... R e n t received .............................................................................................. A dvances repaid ......................................................................................... Special reserve .................................................................................. D ues t o p rofit and l o s s ............................................................................ $3 ,54 1 89,351 15 ,00 0 4 7 ,8 2 5 1 ,0 8 0 93 14,383 1 ,0 63 313 307 3 63 19 00 00 00 00 07 54 17 40 00 $172,961 00 DISBURSEMENTS Loaned on m ortgage ............................................................................ .. D ues rep aid on w ithdraw al, or applied on l o a n s ........................... Dues repaid on w ithdraw al, o r applied on lo a n s ........................... P a id borrow ed m oney and p r io r m o r t g a g e s ................................. P a id interest on borrow ed m oney and p rior m ortga ges.............. P a id fo r re a l e s t a t e ................................................................................... P a id salaries and clerk-hire ................................................................. P a id advertising, p rin tin g and postage ........................................... $ 51,015 9 0 ,6 3 0 8 ,8 5 3 4 ,5 0 0 596 8 ,5 5 3 1 ,3 8 2 420 00 14 16 00 48 16 71 73 61 A llegany County P a id rent ....................................................................................................... P a id rep airs t o real e s t a t e ......................................................... P a id taxes, insurance, etc ..................................................................... P a id banking departm ent, exam ination .......................................... Officers’ bonds ........................................................................................... Advances fo r taxes, insurance, e t c ......................................................... State League D u es............................................ A u d itin g ................................................. , ................................................... Reserve prem ium r e t u r n e d ..................................................................... Shortage ......................................................................................................... Cash on hand December 31, 1915 ................................................. $34 312 328 35 12 392 8 578 173 96 5 ,0 3 7 00 05 86 50 00 39 90 32 49 70 41 $172,961 00 P lan , perm anent. P a r value o f shares, $105. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 9,092; shares issued du rin g the year, 2,0 34 ; shares w ithdraw n du rin g the year, 2,268; shares in force, 8,858. B orrow ing members, 161, h oldin g 2,535 shares; n on-borrow ing members, 874, holding 6, 323 shares. Fem ale shareholders, 347, holding 3,300 shares. T otal dividends credited members du rin g the year on instalm ent shares, $12,629.70; rate, 6 % per cent. N o unpaid w ithdraw als. M em bership fee, 50 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $1,858.34. U npaid, none. Prem ium plan, prem ium -interest. Interest and prem ium pa id b y borrow in g members, 6.44 per cent. Loans have been made in Albany, Greene, Rensselaer and Schenectady counties, N ew Y ork State. Largest m ortgage loan outstanding, $11,655. M ortgages in force in N ew Y ork State, $267,810. Three foreclosures during the year. ALLEGANY COUNTY ALFRED MUTUAL LOAN ASSOCIATION M ain street, A lfred , N. Y . [Organized under L aw o f 1851. Commenced business 1884] Officers Names Post-office addresses President..................... P. A. CRUMB......................................................... Alfred, N. Y. Secretary..................... E. P. SAUNDERS.................................................. Alfred, N. Y. T rea su rer..................... Attorney..................... P . H . E L M S ............................................................... E. P. SAUNDERS.................................................. ASSETS Loans on bond and m ortgage .................................... Loans on shares ............................................................... C ontracts fo r the sale o f real esta te......................... R eal estate ........................................................................ Cash on hand and in b a k ............................................... Furn itu re and fixtures ................................................. Instalm ents due and u n p a i d ........................................ Interest, prem ium , fees and fines due and unpaid Advances fo r taxes, insurance, etc.............................. R ent u n p a i d ........................................................................ M iscellaneous item s ........................................................ A lfred , N . Y . Alfred, N. Y. $175,088 10,300 6 ,6 8 2 5 ,147 17 316 1,083 1,099 15 49 51 81 00 56 00 62 78 01 19 83 00 50 $199,851 30 62 R eport on Savings and t oan A ssociations l ia b il it s D ue shareholders, d u e s ............................................................................ D ue shareholders, dividends c r e d i t e d .......................................... Balanee to be p a id borrow ers on m ortgage lo a n s............................. B orrow ed m oney ....................................................................................... U ndivided profits ....................................................................................... G uaranty rand (a s per section 392 o f B anking L a w ) ................ D ues prepaid ................................................................................................ In terest prepaid .......................................................................................... $144,825 3 2 ,62 6 600 15,300 2 ,0 1 8 4 ,3 6 0 120 1 00 08 00 00 70 00 52 00 $199,851 30 RECEIPTS Cash o n hand Janu ary 1 , 1 9 1 5 ............................................................... D ues credited to m e m b e r s ........................................................................ M on ey borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. L oan s on shares repaid .......................................................................... Fees received ................................................................................................ Fines received .............................................................................................. In terest received ....................................................................................... B en t received ............................................................................................. D ividends retained on w it h d r a w a ls .................................................... B ea l estate con tra cts .............................................................................. A pp lica tio n deposits ................................................................................ Expenses repaid ......................................................................................... F u rn itu re sold ............................................................................................ $ 3 ,3 7 0 31 ,93 8 1 6 ,3 0 0 20 ,65 8 10 ,90 0 101 487 11,917 282 242 1*237 110 11 2 88 26 00 80 00 77 88 38 25 76 67 00 68 50 $97,561 83 DISBU RSEM EN TS Loaned on m ortgage ................................................................................. Loaned on shares ............................................... . . . . ................................. D ues repaid on w ithdraw al, o r applied on lo a n s ............................. P a id m atured s h a r e s ................................................................................. D ividends paid on w ith draw al, o r applied on loa n s...................... P a id borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s .............. P a id fo r real estate ................................................................................ P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and postage ........................................... P a id ren t ....................................................................................................... P a id repairs t o real estate ................................................................... P a id taxes, insurance, etc......................................... P a id banking departm ent, e x a m in a tio n ............................................. P a id banking departm ent, a s s e s s m e n t................................*.............. Officers’ bonds ....................................................................... Advances fo r taxes, insurance, etc......................................................... State league dues and expenses .......................................................... A pp lica tio n deposits ................................................................................ F u rn itu re and fixtures ............................................................................ Office e x p e n s e s .............................................................................................. C om m ission fo r collectin g rents .......................................................... Cash on hand Decem ber 31, 1 9 1 5 .......................................................... $ 1 5 ,2 0 0 9 ,2 0 0 1 0,062 2 6 ,3 0 0 2 ,2 0 3 2 7 ,0 8 6 890 5 ,1 4 7 555 96 37 192 212 73 15 16 3 27 110 62 49 4 17 00 00 08 00 57 30 95 00 00 00 00 04 63 00 56 00 53 60 00 00 45 50 6$ $97,561 83 P lan , serial. P a r valu e o f shares, $200. Instalm ents are $1 m onthly. Shares in fo rce J anu ary 1, 1915, 2,482; shares issued du rin g the year, 393; shares w ithdraw n du rin g the year, 3 1 5 ; shares in force, 2,560. B orrow ing mem bers, 150, holding 1,165 shares; non-borrow ing members, 278, holding 63 B ronx County 1,395 shares. Fem ale shareholders, 205, holdin g 927 shares. T ota l dividends credited members during the year on instalm ent shares, $10,216.44; rate, 5 % per cent. N o unpaid w ithdraw als. A m ount o f shares matured during th e year, $11,692.55. Entrance fee, 25 cents per book. Operating expenses, as defiined in section 390 o f the Banking l a w , incurred and paid during th e year, $785.55. U n paid none. N o prem ium plan. In terest paid b y borrow in g members, 6 per cent. N o prem ium charged. Loans have been made in A llegan y and Steuben counties, N ew Y ork State. L argest m ortgage loan outstanding, $6,000. M ortgages in force in New Y o rk State, $175,088.81. N o foreclosures du rin g the year. BRONX COUNTY EUREKA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION 553 C ourtland avenue, New Y ork , N. Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law of 1887. Commenced business 1S88] Names Post-office addresses JOHN L. BURGOYNE............... 553Courtland Avenue. GEORGE A. SPENCER........... 611 Madison St., Brooklyn. J. H. HITTORFF........................ 993Jackson Avenue. JOHN DAY1S............................... 68 William Street. A SSE TS Loans on bond and m ortgage ....................... Loans on shares ................................................. R eal estate .......................................................... Cash on hand and in b a n k ............................. F u rn itu re and fixtures .................................... $97,400 4 ,7 3 0 3 ,6 4 0 2,219" 00 00 20 43 100 00 $168,089 63 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends c r e d it e d ................................................. Undivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem ium .......................................................... $87,979 13,948 3 ,3 1 3 2 ,0 4 6 802 00 14 72 77 00 $108,089 63 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ D ues credited t o mem bers ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares repaid ................................... Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... Prem ium received ....................................................................................... D ividends retained on w ithdraw als ................................................... R eal estate .................................................................................................. Exchange ...................................................................................................... $549 23,678 2 ,3 0 0 14 ,10 0 4 ,8 2 0 17 13 6 ,1 98 30 372 66 64 00 00 00 00 75 99 02 00 79 20 94 $52,147 33 64 R eport on S avings and L oan A ssociations DISBU RSEM EN TS Loaned on m ortgage ................................................................................. Loaned on shares ....................................................................................... D ues rep aid on w ithdraw al, o r applied on lo a n s ........................... P a id m atured shares ................................................................................. D ividends paid on w ith draw al, o r applied on lo a n s .................... P a id borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s ........... P a id fo r rea l e s t a t e ................................................................................... P a id salaries and clerk-hire .........................,....................................... P a id advertising, p rin tin g and postage ........................................... P a id ren t ....................................................................................................... P a id banking departm ent, e x a m in a tio n ............................................. P a id banking departm ent, a s s e s s m e n t............................................... Officers’ bonds .............................................................................................. D orm an t accou nt ................................. M etropolita n League dues ...................................... D irectors’ fees ............................................................................................ Insurance rebated ..................................................................................... In terest rebated .......................................................................................... M iscellaneous item s ................................................................................... Cash on hand Decem ber 31, 1915 ........................................................ $ 1 1 ,9 0 0 00 4 ,3 0 0 00 13,318 00 11,092 55 1 ,7 9 4 91 2 ,3 0 0 00 7 78 3 ,7 0 6 40 507 00 83 99 120 00 19 60 861 16 00 20 40 6 00 95 00 7 93 1 13 22 60 2 ,2 1 9 43 $52,147 33 P la n , serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force J a n u a ry 1, 1915, 2,050; shares issued du rin g the year, 5 3 7 ; shares w ithdraw n du rin g the year, 3 89; shares in force, 2,198. B orrow in g m em bers, 31, h oldin g 487 shares; n on-borrow ing members, 281, holding 1,711 shares. Fem ale shareholders, 94, holdin g 525 shares. T o ta l dividends cred ited members du rin g th e year on instalm ent shares, $4,922.02; rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f share m atured du rin g the year, $11,692.55. Entrance fee, 25 cents per book. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $840.59. Unpaid none. Prem iu m plan, gross. In terest pa id b y b orrow in g members, 5 per cent., and 6 per cent. Prem ium paid b y b orrow in g members, 1 per cent. L oans have been m ade in N ew Y ork , Queens, R ichm ond and W estchester counties, N ew Y o rk State and in N ew Jersey, L argest m ortgage loan ou t standing, $5,000. M ortgages in fo rce in N ew Y o rk State, $95,600. N o fore closures du rin g the year. MODEL BUILDING AND LOAN ASSOCIATION OF MOTT HAVEN N o. 2663 T h ird avenue, New Y ork , N . Y . [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... Attorney...................... Commenced business 1889] Names JOHN S. H A N S O N ...,...................... JOSEPH B. HARE............................... JTJLES F. VALOIS............................... HERBERT REEVES........................... Post-office addresses 37 lib erty Street. 1813 Webster Avenue. 2663 Third Avenue. 55 Liberty Street. ASSETS Loans on bond and m o r t g a g e ................................................................. Loans on shares ......................................................................................... R eal e s t a t e ..................................................................................................... Cash on hand and in bank ..................................................................... F u rn itu re and fixtures ............................................................................ $308,487 11,257 3 1 ,30 8 3 ,6 5 3 465 45 CM) 00 24 88 65 B ronx County Interest, prem ium , fees and fines due and u n p a i d ......................... Advances fo r taxes, insurance, e t c . ..................................................... Instalments due and unpaid........................................ $f,592 00 $ 6 ,6 4 4 52 570 77 $362,386 86 L IA B IL IT IE S Due shareholders, dues ............................................................................ D ue shareholders, m atured shares ...................................................... D ue shareholders, dividends c r e d it e d ................................................. Balance to be paid borrow ers on m ortgage l o a n s ....................... P rio r m ortgages ......................................................................................... B orrow ed m oney ......................................................................................... U ndivided profits ..................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) ................ Interest accrued ......................................................................................... $214,786 5 1,125 33,839 4 ,0 5 0 9 ,0 0 0 18,000 19,052 12 ,50 0 32 50 00 72 00 0o 00 65 00 99 $362,386 86 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to members ..................................................................... P rio r m ortgages ......................................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares r e p a i d .................................................................... B eal estate s o l d ........................................................................................... Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... Prem ium received ................................................ Bent received ............................................................................................. D ividends retained on w ith d r a w a ls ...................................................... Advances repaid ......................................................................................... P rofit and loss, dividends accrued ..................................................... Interest accrued ......................................................................................... P rofit on sale o f real e s t a t e ................................................................... Cash over ...................................................................................................... $ 3,409 7 7,737 9 ,0 0 0 167,000 9 ,0 1 2 9 ,8 4 0 5 ,5 85 65 171 17,126 3 ,8 6 0 1,165 464 831 155 32 875 10 28 00 00 00 59 0V 00 25 12 29 34 63 96 74 44 99 00 27 $306,342 90 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s .................... P a id borrow ed m oney and p rior m ortgages .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s ............. P a id fo r real estate ................................................................................ P aid salaries and clerk-hire ................................................................. P aid advertising, prin tin g and posta ge............................................. P aid rent ...................................................................................................... P aid repairs to real e s t a t e ..................................................................... Paid taxes, insurance, etc......................................................................... P aid banking departm ent, exam ination .......................................... P aid banking departm ent, assessm ent............................................... Officers’ bonds ............................................................................................. Advances fo r taxes, insurance, etc....................................................... F oreclosure expenses ................................................................................ L egal expenses ........................................................................................... 3 $22,211 6 ,925 48,843 37,151 4 ,5 6 6 165,500 902 11,148 2 ,6 4 0 74 120 321 932 42 25 34 866 242 74 45 00 25 00 18 0Q 97 00 35 44 00 14 86 25 59 00 64 04 70 66 K efobt on Savings and L oan A ssociations In tern al revenue s t a m p s .......................................................................... C ollection charges ..................................................................................... P rotest fees .................................................................................................. Inspectors o f election .............................................................................. Letter carrier .............................................................................................. T o correct errors ....................................................................................... Cash on hand December 31, 1915 ......................., .............................. $35 9 1 10 5 7 3 ,6 5 3 00 09 67 00 00 04 24 $306,342 90 P lan, serial. P a r value o f shares, $125. Instalm ents are 50 cents m onthly. Shares in force Janu ary 1, 1915, 8,281; shares issued du rin g the year, 1,290; shares w ithdraw n during the year, 1,517; shares in force, 8,054. B orrow in g members, 105, holdin g 2,185 shares; n on-borrow ing members, 557, holdin g 5,869 shares. Fem ale shareholders, 285, h oldin g 2,805 shares. T ota l dividends credited members durin g the year on instalm ent shares, $14,816.35; rate, 5 % per cent. N o unpaid w ithdraw als. Amount* o f shares m atured du rin g the year, $41,026. Mem bership fee 75 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $2,929.55. U npaid, none. Prem ium plan, instalm ent. In terest paid b y borrow in g members, 6 per cent. Prem ium paid b y borrow in g mem bers, 2 per cent. Loans have been made in K in gs, N assau, N ew Y ork, Queens and W est chester counties, N ew Y ork State and in N ew Jersey. la r g e s t m ortgage loa n outstanding, $12,000. M ortgages in force in N ew Y ork State, $232,014.45. Tw o foreclosures during the year. MOUNT ST. VINCENT CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 1932 A rth u r avenue, New Y ork , N . Y . {Organized Officers President. Secretary. Treasurer Attorney. under Law of 1851. Commenced business 18&8] Names Post-office addresses WILLIAM C. BERGEN. 130 West 180th Street. ANDREW J. F L Y N N ... 1976 Hughes Avenue. JAMES O’CO N N E L L... 589 West 147th Street. JOHN J. O'GRADY......... 277 Broadway. A S S E TS Loans on bond and m ortgage .............................................................. C ontracts fo r the sale o f real estate ................................................. B ea l estate ..................................................................... ............................. Cash on hand and in b a n k ..................................................................... F u rn itu re and fixtures ............................................................................ $ 1 5 9 ,8 5 0 3 ,1 8 2 4 ,2 5 0 9 ,3 5 9 -50 00 39 00 70 00 $176,692 09 LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... U ndivided profits ....................................................................................... G uaranty fun d (as per section 392 o f B anking L a w ) ................ $124,491 40,493 9 ,1 08 2 ,5 98 02 60 52 95 $176,692 09 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or tran sferred to real e s t a t e .. R eal estate sold .......................................................................................... $9 ,77 3 30,191 500 51 43 39 00 8® 67 B ronx County In terest received ....................................................................................... Prem ium received ..................................................................................... R ent received ............................................................................................. $ 8 ,0 2 0 62 264 66 529 00 $ 5 0 ,3 3 0 96 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, or applied on lo a n s ............................. D ividends p a id on w ithdraw al, or applied on l o a n s .................... P a id salaries and clerk-hire .............. P aid advertising, p rin tin g and p osta g e............................................. P a id rent .................................................................................................... P aid repairs to real e s t a t e ..................................................................... P a id taxes, insurance, etc......................................................................... P aid banking departm ent, e x a m in a tio n ............................................. P aid banking departm ent, assessment ............................................... Officers’ bonds .............................................................................................. State and M etropolitan League d u e s ................................................. M ovin g office ................................................................................................ M iscellaneous item s ................................. ................................................ Cash on hand December 31, 1915 ........................................................ $ 15,600 00 20,271 82 4 ,1 7 8 97 508 00 18 75 80 00 878 194 13 43 50 12 48 7 36 17 25 30 00 22 9 ,3 5 9 70 $ 5 0 ,3 3 0 96 Plan, permanent. P a r value o f shares, $100. Instalm ents are 25 cents weekly. Shares in force January 1, 1915, 2,441; shares issued du rin g the year, 2 6 6 ; shares w ithdraw n during the year, 4 6 ; shares in force, 2,661. B orrow ing members, 38, h oldin g 1,389 shares; non-borrow ing members, 226, holding 1,272 shares. Fem ale shareholders, 91, holdin g 839 shares. T ota l dividends credited members during the year on instalm ent shares, $8,900.58; rate, 6 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $661.56. Unpaid, none. Prem ium plan, prem ium -interest. Interest paid b y borrow in g members, 6 per eent. Prem ium paid by borrow in g members, 1 % per cent. Loans have been in B ronx, K in gs, N ew Y ork , Queens, R ichm ond, Suffolk and W estchester counties, N ew Y ork State, and in N ew Jersey. Largest m ortgage loan outstanding, $15,000. M ortgages in force in New Y ork State, $153,350. N o foreclosures du rin g the year. NORTH NEW YORK SAVINGS AND LOAN ASSOCIATION N o. 499 W illis avenue, New Y ork , N . Y . [Organized under Law of 1851. Commenced business 1886] Officers President..................... Secretary..................... Treasurer................... Attorney...................... Names PRANK A. HOOKER............... GEORGE W. CUDLIPP........... WILLIAM H. W RIGHT........... J. HOMER HILDRETH......... ASSETS Loans on bond and m ortgage .................................... Loans on shares .............................................................. R eal estate ........................................................................ Cash on hand and in bank ........................................ Furniture and fixtures ................................................. Interest, prem ium , fees and fines due and unpaid Post-office addresses 1815 Webster Avenue. 251 E. Kingsbridge Road. 351 East 141st Street. Columbia Trust Co. Bldg., 3d Avenue and 148tb Street. $ 2 30,056 430 17,000 5 ,1 1 9 106 4 ,7 0 3 00 00 00 59 53 55 $ 2 57,409 67 68 K bfort on Savings and L oan A ssociations LIABILITIES Due shareholders, dues .......................................................................... Undivided profits ....................................................................................... G uaran ty rand (a s per section 392 o f Banking L a w ) ................ Taxes, insurance, etc.................................................................................. $242,906 2 ,1 1 7 12,271 113 76 08 98 85 $25 7,4 0 9 67 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ D ues credited to m e m b e r s ........................................................................ M oney b o r r o w e d .............................. M ortgages redeemed, foreclosed o r transferred to rea l e s t a t e .. Loans on shares r e p a i d ............................................................................ In terest received ....................................................................................... Prem ium received ..................................................................................... R ent received .............................................................................................. Assessments, taxes, etc.............................................................................. P rofit and loss ............................................................................................ Suspense account ....................................................................................... $3 ,34 7 71 31,991 30 1 3 ,50 0 00 1 5 ,20 0 00 5 ,3 9 0 00 18,187 97 179 76 880 00 860 65 92 61 37 00 $89,667 00 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s............................. P a id borrow ed m oney and p rior m ortgages .................................... P a id interest o n borrow ed m oney and p rior m ortga ges.............. P a id fo r real e s t a t e ................................. P a id salaries and c le r k - h ir e ................................................................... P a id advertising, prin tin g and p o s t a g e ............................................. P a id rent ....................................................................................................... P a id repairs to real estate ..................................................................... P a id taxes, insurance, etc......................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, assessment ............................................. Interest accrued ......................................................................................... Foreclosure costs, taxes, insurance, ete.............................................. Com m ission fo r collectin g r e n t s ......................... Cash on hand Decem ber 31, 1 9 1 5 ........................................................ $7,133 50 3 ,9 45 00 42,551 42 13,500 00 126 02 9 ,0 0 0 00 850 00 149 61 240 00 156 89 273 30 1690 19 22 4 ,7 0 3 55 1 ,8 45 60 36 40 5 ,1 1 9 59 $89,667 00 P lan , permanent. P a r valu e o f shares, $100 and $250. Instalm ents are 10 cents and 25 cents w eekly. Shares in force Ja n u a ry 1, 1915, 2,3 54 ; shares issued du rin g the year, 156; shares w ithdraw n du rin g the year, 165; shares in force, 2,345. B orrow in g members, 20, holding 318 shares; n on-borrow ing members, 356, h oldin g 2,027' shares. Fem ale shareholders, 190, h oldin g 1,102 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $11,475.74; rate, 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking l a w , incurred and paid du rin g the year, $1,276.01, U npaid, none. N o prem ium plan. Interest paid b y b orrow in g members, 5 % per cent, and 6 per cent. N o prem ium charged. L oans have been made in N ew Y o rk cou nty, N ew Y ork State. L argest m ortgage loan outstanding, $7,500. M ortgages in force in N ew Y ork State, $230,050. T w o foreclosures du rin g the year. 69 B ronx County TRSMONT BUILDING AND LOAN ASSOCIATION N o. 1931 W ash ington avenue, New Y ork , N . Y . [Organized under Law o f 1851. Commenced business 1884] Officers Names Post-office addresses President.......... THOMAS C. LEW IS................................................... 4260 Broadway. ROBERT I. LOMAS, J s .............................................. 1941Concourse. Secretary.......... Treasurer......... MARTIN W ALTER........................................................ 1935Concourse. Broadway. Attorney........... TITLE GUARANTEE& TRUST CO............................ 176 A S S E TS Loans on bond and m o r t g a g e ............................................................... Loans on shares ......................................................................................... Cash on hand and in h a n k ..................................................................... $ 1 12,100 00 4 ,5 2 5 00 519 14 $117,144 14 LIABILITIES Due shareholders, dues .......................................................................... D ue shareholders, dividends credited ............................................. B orrow ed m oney ..................................................................................... Undivided profits ..................................................................................... G uaran ty fund (a s per section 392 o f the B anking L a w ) . . . . $88,588 2 0 ,51 2 1 ,000 3 ,8 08 3 ,2 3 4 50 85 00 40 39 $117,144 14 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to mem bers ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on share r e p a i d .............................................................................. Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... Prem ium received ....................................................................................... $3 ,41 4 20 ,10 7 6 ,5 0 0 8 ,5 0 0 4 ,2 25 13 42 6 ,4 0 6 1,271 00 09 00 00 00 50 58 13 48 $50,479 78 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, o r applied on l o a n s ......................... P aid m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s ...................... P a id borrow ed m oney and prior m ortgages ................................ P aid interest on borrow ed m oney and p rior m ortgages ............. P a id salaries and clerk-hire ................................................................. P a id advertising, p rin tin g and postage ........................................... P a id rent ................................................ P a id banking departm ent, exam ination .......................................... P aid banking departm ent, assessment ............. : ............................ Officers’ bonds .............................................................................................. State League dues ..................................................................................... Internal revenue stam ps ....................................................................... Cash on hand Decem ber 31, 1 9 1 5 .......................................................... $ 7 ,0 0 0 1 ,4 00 2 6 ,62 3 2 ,5 0 0 6 ,2 4 0 5 ,5 0 0 36 500 28 72 13 9 30 5 00 00 50 00 57 00 17 00 84 00 10 81 00 75 90 519 14 $50,479 78 Plan, serial. P a r value o f shares, $100. Instalm ents are 50 cents m onthly. Shares in force Ja n u a ry 1, 1915, 3,902; shares issued du rin g the year, 372; shares w ithdraw n du rin g th e year, 9 5 6 ; shares in force, 3,318. ik>rrowing TO R eport on Savings and L oan A ssociations mem bers, 2®, b oldin g 1,313 shares; n on-borrow ing members, 90, boldin g 2,005 shares. Fem ale shareholders, 58, holdin g 1,307 shares. T ota l dividends credited mem bers during the year on instalm ent shares, $7,258.83; rate, 6 3 /1 0 pm- cent. N o unpaid w ithdraw als. A m ount o f shares m atured durin g th e year, $2,500. M em bership fee, 50 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g th e year, $637.49. U npaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g members, 6 per cent. Prem ium paid b y b orrow in g mem bers, 10 cents per share per m onth. L oans have been made in B ron x cou nty, N ew Y o rk State. L argest m ort gage loan outstanding, $9,500. M ortgages in force in N ew Y ork State, $112,100. N o foreclosures du rin g th e year. BROOME COUNTY CO-OPERATIVE BUILDING AND LOAN ASSOCIATION OF BINGHAMTON, NEW YORK R oom 418 Secu rity M u tu al L ife B u ildin g, corn er Exchange and C ou rt streets, B ingham ton, N . Y . [ Organized under Law o f 1851. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1886] Names H. D. WHITMABSH............... FREDERICK J. BAUMANN.. CHARLES D. M A T T H E W S... HENRY C. OLMSTBAD........... Post-office addresses Binghamton, 416 Security Binghamton, Binghamton, ASSETS L oa n s on bond and m o r t g a g e ...................... . L oans on shares ................................................. . Cash on hand and in b a n k ............................. F u rn itu re and fixtures .................................... . N. Y. Mut. l i f e Bidg. N. Y. N. Y. $181,775 1 ,3 0 0 3 ,0 0 5 125 00 00 53 00 $186,205 53 LIABILITIES Due shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... Balance t o be paid borrow ers on m ortgage lo a n s ......................... B orrow ed m oney ....................................................................................... U ndivided profits ..................................................................................... G uaran ty fun d (as per section 392 o f B anking L a w ) .................. $146,086 1 4 ,2 4 0 2 ,4 0 0 15,068 4 ,4 1 9 3 ,991 00 61 00 00 14 78 $186,205 53 RECEIPTS Cash on hand Janu ary 1, 1 9 1 5 .............................................................. D ues credited t o members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real esta te. . lo a n s on shares r e p a i d ............................................................................ Fees received ................................................................................................ F ines r e c e iv e d ......... .................................................................................... In terest received ....................................................................................... D ividends retained on w it h d r a w a ls ..............* ................................... R efunds ......................................................................................................... $1 ,50 9 18,817 2 7 ,5 1 8 35 ,67 5 2 ,6 7 5 68 77 10,559 267 30 92 00 00 00 00 50 02 75 36 45 $ 97,198 00 71 B roome County DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... D ividends paid on w ithdraw al, or applied on lo a n s ...................... € a sh dividends paid on incom e and accum ulative prepaid shares ........................................................... P aid borrow ed m oney and p rior m o r t g a g e s .................................... P aid interest on borrow ed m oney and p rior m ortga ges............... P aid salaries and clerk -h ire................................................................... P aid advertising, prin tin g and p osta ge............................................. P a id rent ...................................................................................................... P aid banking departm ent, exam ination .......................... P a id banking departm ent, a s s e s s m e n t............................................... Officers’ bonds .............................................. M ortgage ta x and r e c o r d i n g ................. Cash on hand Decem ber 31, 1915 ...................... $42,950 2 ,0 5 0 2 4 ,3 7 6 1 ,8 9 4 4 ,2 8 0 16 ,75 0 655 750 17 120 63 13 30 241 3,0 05 00 001 00 39 39 00 98 00 03 00 72 46 00 50 53 $97,1 9 8 00 Plan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 2,1 47 ; shares issued du rin g the year, 302; shares w ithdraw n durin g the year, 3 58; shares in force, 2,091. B orrow ing members, 103, h oldin g 936 shares; non-borrow ing members, 88, holding 1,155 shares. Fem ale shareholders, 53, holding 610 shares. T ota l dividends credited members during the year op instalm ent shares, $3,502.75; rate 5 per cent. T ota l dividends credited o r paid in cash t o members durin g the year on other shares, $4,280.39; rate, 5 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per incom e share; 25 cents per instalm ent share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $917.03. U npaid, none. Prem ium plan, instalm ent. In terest paid b y borrow in g members, 6 per cent. N o prem ium charged Loans have been made in Broom e county, N ew Y ork State. Largest m ortgage loan outstanding, $5,500. M ortgages in force in N ew Y ork State, $181,775. N o foreclosures du rin g th e year. HOME MUTUAL LOAN AND SAVINGS ASSOCIATION OF BINGHAMTON, NEW YORK N o. 18 Court street, Bingham ton, N. Y . [Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1889] Names Post-office addresses W. H. HECOX................................................ Binghamton, N. Y. WILLIAM A. JOHNSON............................. Binghamton, N. Y. W. P. SHERWOOD........................................ Binghamton, N. Y. M. E. PAGE................................................... Binghamton, N. Y. ASSETS Loans on bond and m ortgage .............................................................. Loans on shares ......................................................................................... C ontracts fo r the sale o f real e s t a t e ................................................. R eal estate .................................................................................................. Cash on hand and in b a n k ................................................... ................. F u rn itu re and fixtures ............................................................................ Advances fo r taxes, insurance, etc....................................................... $47,126 1,088 2 ,0 1 7 881 767 200 16 08 00 74 95 39 00 89 $52,098 05 72 R epoet on Savings and L oan A ssociations LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends c r e d it e d ................................................. Balance t o be pa id borrow ers on m ortgage loa n s......................... B orrow ed m o n e y ......................................................................................... U ndivided profits ....................................................................................... G uaran ty fun d (a s per section 392 o f Banking L a w ) ................ $38,658 3 ,1 1 6 1,177 7 ,5 0 0 347 1 ,3 0 0 65 22 45 00 73 00 $52,0 9 8 05 BECEIPTS Cash on hand J a n u a ry 1, 1 9 1 5 ............................................................ Dues credited to members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Interest received ....................................................................................... D ividends restained on w ith d raw a ls................................................... R eal estate c o n t r a c t s ................................................................................ $323 6 ,0 0 0 4 ,0 0 0 7 ,1 01 10 1 2 ,7 9 1 10 3 ,0 7 7 39 75 00 46 00 25 92 16 19 $ 2 3 ,3 1 6 12 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s .......................... Dues repaid on w ithdraw al, or applied on l o a n s ........................... P a id m atured s h a r e s ................................................................................. D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends paid on incom e and accum ulative prepaid shares ............................................................ P a id borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s ............. P a id salaries and clerk-hire ................................................................. P a id advertising, prin tin g and postage ........................................ P aid ren t ....................................................................................................... P a id taxes, insurance, etc ..................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s s e s s m e n t............................................... Officers’ bonds .............................................................................................. B u rgla ry insurance ................................................................................... Insurance on furn itu re and fix tu res................................................... M ortgage t a x ................................................................................................ T e ll e r s .............................................................................................................. M ovin g office .............................................................................................. Cash on hand December 31, 1915 ........................................................ $ 9 ,07 2 918 7 ,2 9 2 922 120 55 00 20 12 13 1 ,339 2 ,0 0 0 280 350 40 30 22 14 16 12 12 6 32 4 60 767 15 00 67 00 50 00 59 60 89 50 75 90 50 00 68 39 $23,3 1 6 12 P lan , permanent. P ar value o f *100, $200, $300 and $500. In sta l m ents are 25 eents weekly. Shares in force J anu ary 1, 1915, t *res issued during th e year, 104; shares w ithdraw n during the year, ares in force, 593. B orrow in g members, 12, h oldin g 114 shares; n zing members, 76, h oldin g 479 shares. N o record o f fem ale sharehoi ta l dividends credited members du rin g the year on instalm ent shares, .. • rate, 5 per Cent. N o unpaid w ithdraw als. A m oun t i *es m atured du rin g the year, $922.12. E ntrance fee, 25 cents per sh~ O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $517.33 U npaid, none. n Cattaraugus County N o prem ium plan. Interest paid b y borrow ing members, 6 per cent. N o prem ium charged. Loans have been made in Broom e county, New Y ork State. Largest m ort gage loan outstanding, $3,500. M ortgages in force in New Y ork State, $47,126.08. N o foreclosures du rin g the year. CATTARAUGUS COUNTY GOWANDA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 25 M ain street, Gowanda, N. Y . [Organized under Law of 1851. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1880] Post-office addresses HENRY R. GAENSSLEN.............................. FRANKLIN J. HBRDEG.............................. FRANKLIN J. HBRDEG.............................. FRED J. BLACKMON..................................... ASSETS Loans on bond and m ortgage .............................................................. Loans on shares ............................................... Stocks and bonds ....................................................................................... C ontracts fo r the sale o f real e s t a t e ................................................... B eal e s t a t e .................................................................................................... Cash on hand and in b a n k ..................................................................... F urniture and fixtures ................................................................. Interest, prem ium , fees and fines due and u n p a i d ...................... Interest accrued ......................................................................................... Gowanda. Gowanda, Gowanda, Gowanda, N. N. N. N. Y. Y. Y. Y. $664,746 28,493 43,787 5 ,7 8 3 5 ,5 0 0 56,078 850 802 3 ,8 34 92 40 53 07 00 34 00 33 24 $809,875 83 L IA B IL IT IE S D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ................................................. Undivided profits ..................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) .................... Expenses unpaid ....................................................................................... $730,500 40,049 27,931 11,300 94 77 70 24 00 12 $809,875 83 R E C E IP T S Cash on hand Janu ary 1, 1 9 1 5 ............................................................... Dues credited to members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares repaid ............................................................................ Fees received ................................................................................................ Fines received ........................................................................................... Interest received ....................................................................................... R en t received .............................................................................................. D ividends retained on w ithdraw als ................................................... Bonds sold .................................................................................................... Real estate c o n t r a c t .................................................................................. $46,773 6 0 4 ,4 2 0 5 ,0 0 0 6 6 ,44 0 35,038 418 29 40,929 140 1,137 2 ,9 8 5 171 34 83 00 90 69 75 15 41 00 32 09 00 $803,484 48 DISBU RSEM EN TS Loaned on m ortgage ................................................................................ Lo&ned on s h a r e s ....................................................................................... D ues repaid on w ithdraw al, o r applied on l o a n s ........................... $201,510 00 37,433 38 449,297 72 74 R eport oh Savings and L oah A ssociation P a id m atured shares .............................................................................. D ividends paid on w ithdraw al, or applied on lo a n s ................... Cash dividends pa id on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rior m o r t g a g e s .................................... P aid in terest on borrow ed m oney and p rior m o r t g a g e s ........... P a id salaries 'land clerk-hire ................................................................. P a id advertising, p rin tin g and p o s t a g e ............................................. P a id repairs t o real e s t a t e ..................................................................... P a id taxes, insurance, etc......................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, assessment ............................................. League dues ................................................................................................ Bonds purchased ....................................................................................... L ig h t and fu el ............................................................................................ . Office supplies .................................................................. Books ............................................................................................................. Telephone ....................................................................................................... Cleaning ........... Desk ................................................................................................................ M iscellaneous item s ................................................................................... Cash on hand Decem ber 31, 1915 .......................................................... $25, 030 19 6 ,3 83 87 11,995 5 ,0 0 0 61 2 ,5 9 6 203 180 158 76 47 15 6 ,0 0 0 138 49 67 61 38 25 37 5 6 ,07 8 26 00 00 00 95 00 19 40 74 50 00 41 72 10 64 85 00 22 34 $803,484 48 P lan , permanent. P a r value o f shares, $125. Instalm ents are 25 cents weekly. Shares in force January 1, 1915, 7,073; shares issued du rin g the year, 1,675; shares w ithdraw n durin g the year, 1,211; shares in force, 7,537. B orrow in g members, 269, holding 2,469 shares; non-borrow ing members, 859, holding 5,068 shares. Fem ale shareholders, 772, holding 2,592 shares. T otal dividends credited members during the year on instalm ent shares, $15,020.12; rate, 6 per cent. T otal dividends credited or paid in cash to mem bers during the year on other shares $14,170.64; rate, 3 per cent, on savings shares, 4 % per cent, on incom e shares, and 6 per cent, on prepaid shares. N o unpaid withdraw als. A m oun t o f shares m atured durin g th e year, $25,939.19. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $8,323.39. O perating expenses, as defined in section 390 o f the Banking Law , incurred during the year and rem aining unpaid, $94.12. Prem ium plan, instalm ent. Interest by borrow in g members, 6 per cent. Prem ium paid by borrow in g members, 2 % cents per share per week. Loans have been made in Cattaraugus, Chautauqua and E rie counties, New Y o rk State. Largest m ortgage loan outstanding, $15,000. M ortgages in force in N ew Y ork State, $664,746.92. N o foreclosures during the year. OLEAN BUILDING, LOAN AND SAVINGS ASSOCIATION • N o. 109 N orth street, Olean, N . Y. [Organized under Law o f 1861.- Commenced business 1892] Officers President..................... Secretary..................... Treasurer................... Attorney..................... Names Post-office addresses W. O. CURTISS...................................................... Olean, N.Y. P. V. R. STILLMAN............................................. Olean, N.Y. ALLAN B, WILLIAMS......................................... Olean, N.Y. CREIGHTON S. ANDREWS................................ Olean, N.Y. ASSETS L oan s on bond and m o r t g a g e ......................... Loans and shares ............................................. . C ontracts fo r the sale o f real e s t a t e ......... $ 4 8 ,5 0 0 00 2 ,5 0 0 65 1 ,6 5 8 02 75 Cattaraugus County Cash on hand and in b a n k ..................................................................... Advances fo r taxes, insurance, etc. ................................................... C ounty clerk ................................................................................................ $3 ,43 5 80 376 11 72 $56,109 95 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends credited ............................................... U ndivided p r o f i t s ........... ........................................................................... G uaran ty fun d (as per section 392 o f Banking L a w ) .................. $ 4 5 ,8 7 0 6 ,9 8 5 904 2 ,3 5 0 55 04 36 00 $ 5 6 ,1 0 9 95 RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta t e .. Loans on shares repaid ............................................................................ Fees received ................................................................................................ Interest r e c e iv e d ......................................................................................... Prem ium received ..................................................................................... D ividends retained on w ithdraw als ................................................... P aid on c o n t r a c t s ....................................................................................... $ 2 ,80 6 17,554 7 ,9 0 0 4 ,655 2 ,7 6 7 885 135 93 35 86 00 05 50 17 65 40 00 $36,797 98 DISBURSEMENTS Loaned on m o r t g a g e .................................................................................. Loaned on s h a r e s ......... ............................................................................. Dues repaid on w ithdraw al, or applied on lo a n s............................. P a id m atured s h a r e s .......................................................................... . . D ividends paid on w ithdraw al, or applied on lo a n s ...................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s ................ P aid salaries and clerk -h ire........................................................... P a id advertising, p rin tin g and p osta ge............................................... P aid rent ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................ P a id banking departm ent, assessm ent................................................. Advances fo r taxes, insurance, e t c ........................................................ M ortgage t a x ................................................................................................ [R e co rd in g ....................................................................................................... C ounty clerk ................................................................................................ Cash on hand December 31, 1915 .......................................................... $ 8 ,4 0 0 3 ,7 0 2 12 ,83 0 6 ,1 4 9 714 00 30 70 27 97 182 950 198 120 46 4 1 38 14 7 3 ,4 35 93 00 81 00 49 96 41 50 28 56 80 $36,797 98 P lan , permanent. P a r value o f shares, $100. Instalm ents are 20 cents weekly. Shares in force Janu ary 1, 1915, 1,566; shares issued durin g the year, 346; shares w ithdraw n du rin g the year, 39 8 ; shares in force, 1,514. B orrow ing members, 42, holding 485 shares; non-borrow ing members, 268, h old in g 1,029 shares. Fem ale shareholders, 162, h oldin g 875 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,998.53; rate, 5 per cent. T o ta l dividends credited or paid in cash to members during the year on oth er shares, $269.37; rate, 3 % per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured during the year, $14,051.04. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid du rin g th e year, $1,283.09. U npaid, none. 76 R eport on Savings and L oan A ssociations P rem ium plan, instalm ent. In terest paid b y b orrow in g members, 10 cents per share per week. Prem ium paid b y harrow ing mem bers, 15 cents per share per month. Loans have been m ade in Cattaraugus county, New Y ork State. L argest m ortgage loan outstanding, $4,000. M ortgages in force in N ew Y o rk State, $48,500. N o foreclosures durin g the year. SALAMANCA LOAN AND BUILDING ASSOCIATION N o. 10 A tla n tic street, Salam anca, N . Y . (Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1882] Names Post-office addresses ED. BOsLARD................................................. Salamanca, N. Y. JOHN HOAG................................................. Salamanca, N. Y. E. P. HOY........................................................ Salamanca, N. Y. HUDSON ANSLEY....................................... Salamanca, N. Y. ASSETS Loans on bond and m ortg a g e................................................................. C a d i on hand and in b a n k ........................................................................ F u rn itu re and f ix t u r e s .............................................................................. Advances fo r taxes, insurance, e t c ........................................................ A t t o r n e y ......................................................................................................... $523,750 2 ,5 6 7 100 55 .00 00 77 00 85 40 $526,534 02 LIABILITIES Due shareholders, dues ............................................................................ D ue shareholders, m atured sh a res___ ; .............................................. D ue shareholders, dividends cred ited ................................................. B alance t o be paid borrow ers on m ortgage lo a n s ........................... Borrow ed m o n e y ..................................... U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem iu m ............................................................ $404,076 250 66 ,04 1 1 ,8 5 0 2 8 ,3 9 7 81 10,341 15,496 17 00 03 00 24 38 58 02 $526,534 02 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. R eal estate s o l d ............................................................................................ Fines received .............................................................................................. In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ................................................................ D ividends retained on w ith d raw a ls............................... A dvances repaid ......................................................................................... $ 1 2 ,2 3 9 127,565 4 8 ,20 0 73 ,51 9 2 ,8 2 3 222 2 4 ,5 5 6 5 ,5 27 579 77 95 65 00 00 85 02 44 50 84 25 $296,311 50 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... D ues repaid on w ithdraw al, o r applied on lo a n s ............................. P a id m atured shares ................................................................................. D ividends paid on w ithdraw al, or applied on loa n s.................... P aid borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id fo r real e s t a t e ................................................................................... $93,025 21 ,29 1 9 7 ,3 7 5 8 ,6 5 7 6 3 ,5 3 0 3 ,5 7 0 2 ,8 2 3 00 33 00 42 48 50 85 V7 Chautauqua County P aid salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta ge............................................... P aid r e n t ........................................................................................................ P a id banking departm ent, exam in ation ............................................. P a id banking departm ent, assessm ent............................................... A dvances fo r taxes, insurance, e t c ........................................................ State League dues .................................................................................... Prem ium refunded ..................................................................................... L e d g e r s ............................................................................................................ In s u r a n c e ........................................................................................................ T e le p h o n e ....................................................................................................... G a s .................................................................................................................... C le a n in g .......................................................................................................... Internal revenue sta m ps........... ................................................................ S u p p lie s .......................................................................................................... M iscellaneous item s .................................................................................. Cash on hand Decem ber 31, 1915.......................................................... $ 1 ,2 0 0 00 60 06 216 00 59 70 57 51 99 95 1500 550 22 50 00 16 00 16 00 15 90 13 00 14 00 65 35 41 46 2 ,5 6 7 77 $295,311 50 Plan, serial. P a r value of shares, $125. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 8,598; shares issued during the year, 1,151; shares w ithdraw n durin g the year, 1,156; shares in force, 8,593. B orrow ing members, 338, holdin g 3,972 shares; non-borrow ing members, -535, holding 4,621 shares. Fem ale shareholders, 501, holding 2,983 shares. T otal divi-. dends credited members during the year on instalm ent shares, $22,599.87; rate, 6 per eent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $97,375. Operating expenses, as defined in section 390 o f the B anking Law, incurred and paid during the year, $1,722.77. Unpaid none. Prem ium plan, gross. Interest paid by borrow in g members, 6 per cent. Prem ium paid by borrow in g members, 6 per cent. Loans have been made in Cattaraugus county, New Y ork State. Largest m ortgage loan outstanding, $25,000. M ortgages in force in New Y ork State, $523,750. One foreclosure durin g the year. CHAUTAUQUA COUNTY DUNKIRK SAVINGS AND LOAN ASSOCIATION N o. 229 Central Avenue, D unkirk, N. Y. [Organized under Law of 1851. Commenced business 1889] Officers President. Secretary. Treasurer Attorney. Names WILLIAM BOOKSTAVER.. WILLIAM T. M ADIGAN.. JAMES M. MADIGAN......... WILLIAM BOOKSTAVER. ASSETS Loans on bond and m ortga ge......................... Loans on shares ................................................. Real estate ............................................................ Cash on hand and in b a n k ............................... Advances fo r taxes, insurance, e t c ................ Post-office addresses 229 Central Avenue. 229 Central Avenue. Merchants National Ban’:. 229 Central Avenue. $2 2 9,7 5 0 2 ,2 5 0 2 ,0 7 5 6 ,189 37 00 00 12 00 88 $240,302 00 78 R epoet on Savings and L oan A ssociations LIABILITIES Due shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ................................................. Balance to be paid borrow ers on m ortgage lo a n s ......................... U ndivided profits ....................................................................................... G uaran ty fun d (a s per section 392 o f B anking L a w ) .................. $211,492 2 0 ,0 1 9 1,6 00 3 ,0 5 6 4 ,1 3 3 46 15 00 93 46 $ 2 40,302 00 R E C E IP T S D ues credited t o m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Fines received .............................................................................................. In terest r e c e iv e d ......................................................................................... R en t r e c e iv e d ................................................................................................ D ividends retained on w ith draw a ls...................................................... Advances repaid ......................................................................................... $97,579 34 15,000 00 3 8 ,10 0 00 1 ,6 10 00 538 46 186 19 11,282 73 84 00 585 28 5 50 $164,971 50 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ....................................................................................... D ues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured shares ................................................................................ D ividends paid on w ithdraw al, o r applied on lo a n s .................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................... P a id rent ....................................................................................................... P a id repairs to real esta te..................................................................... P a id taxes, insurance, e t c . . ................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, assessm ent.......................................... A dvances fo r taxes, insurance, e t c ........................................................ S tate League dues ..................................................................................... O v e r d r a ft ........................................................................................................ Telephone, lig h t and c l e a n i n g ............................................................... V a u lt rent ..................................................................................................... B ook s and s t a t io n e r y ................................................................................ Cash on hand December 31, 1915.......................................................... $ 4 7 ,4 5 0 1 ,9 4 0 5 3 ,9 3 0 3 3 ,76 8 2 ,5 1 2 1 7,000 148 1,473 24 75 28 23 61 16 29 7 135 29 20 107 6 ,1 8 9 00 00 42 05 36 00 98 11 50 00 67 79 12 79 75 60 81 45 00 10 00 $164,971 50 P lan, serial. P a r value o f shares, $100. Instalm ents are 25 cents w eekly. ' Shares in force J anu ary 1, 1915, 6,410; shares issued du rin g the year, 2,178; shares w ithdraw n du rin g the year, 1,762; shares in force, 6,826. B or row in g members, 279, holding 2,373 sh a res; non-borrow ing members, 1,122, h oldin g 4,453 shares. Fem ale shareholders, 704, holding 2,812 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $9,862.39; rate, 4.88 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured durin g the year, $33,768.05. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g th e year, $1,736.76. U npaid, none. N o prem ium plan. In terest paid by b orrow in g members, 10 cents p er share per week. N o prem ium charged. 79 Chautauqua County Loans have been made in Chautauqua county, New Y o rk State. Largest m ortgage loan outstanding, $5,000. M ortgages in force in New Y ork State, $220,750. N o foreclosures during the year. LAKE SHORE SAVINGS AND LOAN ASSOCIATION N o. 18 East Second street, D unkirk, N . Y . [Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1891] Names DANIEL SCANNBLL........................ JOHN J. MADIQAN........................ CHESTER C. COOLEY.................... J. L. HURLBERT............................. Post-office addresses 211Park Avenue. <113West Fourth Street. 325Eagle Street. 18 East Second Street. ASSETS Loans on bond and m ortg a g e.......................................................... Cash on hand and in b a n k ....................................................................... Advances fo r taxes, insurance, e t c ........................................................ $192,215 04 6,121 19 60 60 $198,396 83 LIABILITIES Due shareholders, dues ............................................................................ D ue shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) .................. $163,016 30,293 1,594 3 ,492 44 66 48 25 $198,396 83 RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Fees received ................................................................................................ Fines received ........................................................................................... Interest received ......................................................................................... Advances repaid ......................................................................................... $1,349 41,740 10,000 16,506 64 86 00 00 1 7 1 50 260 18 9 ,8 99 21 8 10 $79,935 49 DISBURSEMENTS Loaned on m o rtg a g e.................................................................................. Dues repaid on w ithdraw al, or applied on lo a n s ........................... P aid matured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s...................... P aid borrow ed m oney and p rior m ortga ges...................................... P aid interest on borrow ed m oney and p rior m ortga ges................ P aid salaries and clerk -h ire.............................................. P aid advertising, printing and p osta ge............................................ P aid r e n t ...................................................... P a id banking departm ent, exa m in a tion ............................................ P aid banking departm ent, assessm ent................................................. Advances fo r t a x e s .................................................................................... State League dues .................................................................................... H oldu p insurance ....................................................................................... N igh t w atchm an ......................................................................................... Cash on hand December 31, 1915.......................................................... $7,951 27,372 7 ,0 52 4 ,247 26 ,00 0 424 610 11 20 30 15 59 6 7 6 6.121 00 28 50 15 00 21 00 80 00 62 37 62 00 60 25 19 $79,935 49 80 R eport on Savings and L oan A ssociations Plan, permanent-serial. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in foree January 1, 1915, 8,237; shares issued during the year, 1,705; shares w ithdraw n durin g th e year, 1,666; shares in force, 8,286. B orrow in g mem bers, 157, holding 2,707 shares; non-borrow ing members, 435, holdin g 5,579 shares. Fem ale shareholders, 201, h oldin g 2,342 shares. T ota l dividends credited members durin g the year on instalm ent shares, $8,745.55; rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g th e year, $7,052.50. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $661.55. U npaid, none. N o prem ium plan. Interest paid by borrow in g members, 5 % per cent. N o prem ium charged. Loans have been made in Chautauqua county, N ew Y ork State. Largest m ortgage loan outstanding, $7,252. M ortgages in force in New Y ork State, $1923215.04. N o foreclosures du rin g the year. SILVER CREEK CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 10 M ain street, S ilver Creek, N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney...................... under la w of 1894. Commenced business 1909] Names Post-office addresses C. 8. HOLMES........................................... Silver Creek, N. Y. W. J. BRAND............................................. Silver Creek, N. Y. HOWARD M. MONTGOMERY............... Silver Creek, N. Y. CARLTON B. LIVERMORE.................... Silver Creek. N. Y. ASSETS Loans on bond and m ortg a g e................................................................... Loans on shares............................................................................................ Cash on hand and in b a n k ........................................................................ $44,6 6 4 56 730 00 835 21 $ 46,229 77 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaran ty fund (a s per section 392 o f Banking L a w .................... $41,284 3 ,4 2 2 1,201 321 75 18 68 16 $46,2 2 9 77 RECEIPTS Cash on hand January 1, 1915............................................................... D ues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. L oan s o n shares r e p a i d ............................................................................ Fees received ................................................................................................ F ines received .............................................................................................. In terest received ............................................................................ ’ ........... $ 3 ,27 8 67 18,722 79 6 ,0 0 0 00 9 ,5 5 0 82 1 ,2 9 0 00 71 so 4 0 19 2 ,4 9 0 34 $ 4 1 ,4 4 4 31 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Loaned o n s h a r e s ....................................................................................... D ues rep aid on w ith draw al, o r applied on lo a n s ........................... $ 1 4 ,7 5 0 82 540 00 17 ,82 0 04 Chemung County 81 D ividends paid on w ithdraw al, or applied on loa n s.................... $911 35 Cash dividends paid on income and accum ulative prepaid shares 12917 P aid borrow ed m oney and prior m ortga ges...................................... 6 ,0 0 0 00 P aid interest on borrow ed m oney and p rior m ortgages................ 199 86 P a id salaries and elerk-hire................................................................... 150 50 8 19 P a id advertising, printing and p osta ge............................................ P a id rent ...................................................................................................... 26 00 P a id banking departm ent, exam ination .......................................... 23 00 Paid banking departm ent, assessm ent................................................. 4 13 Officers’ bonds ............................................................................................. 12 00 Advances fo r taxes, insurance, e t c ........................................................ 72 M ortgage ta x and record in g................................................................... 28 52 M inute b o o k .................................................................................................. 4 00 Internal revenue s t a m p s ....................................................................................... Cash on hand December 31, 1915.......................................................... 835 21 $ 41,444 31 Plan, permanent. P a r value o f shares, $100. Instalm ents are 25 cents weekly. Shares in force January 1, 1915, 1.115; shares issued during the year, 301; shares w ithdraw n during the year, 4 02; shares in force, 1,014. B orrow ing members, 22, holding 317 shares; non-borrow ing members, 204, holding 697 shares. Fem ale shareholders, 55, holding 268 shares. T otal dividends credited members during the year on instalm ent shares, $1,627.05; rate, 5 % per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $129.17; rate, 5 per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. Operating expenses, as defined in section 390 o f the Banking Law, incurred and paid durin g the year, $230.01. Unpaid, none. N o premium plan. Interest paid b y borrow in g members, 5 % per cent. N o premium charged. Loans have been made in Chautauqua county, New Y ork State. Largest m ortgage loan outstanding, $5,000. M ortgages in force in New Y ork State, $44,664.56. One foreclosure during the year. CHEMUNG COUNTY THE CHEMUNG VALLEY MUTUAL LOAN ASSOCIATION No. 121 East Church Street, E lm ira, N . Y. [Organized under Law of 1851. Officers President. Secretary. Treasurer Attorney. Commenced business 18T5. Reorganized under Law of 1894] Names Post-office addresses 410 W. Gray Street. OLAY W. HOrLMES......... GEORGE H. DAVIDSON. 121 East Church Street. MILTON Y. SMITH......... Second National Bank. 511 Robinson Bldg. CASSIUS A. PHILLIPS. ASSETS Loans on bond and m ortg a g e................................................................... $ 1 ,5 8 0 ,6 2 7 Loans on shares ......................................................................................... 79 ,80 0 R eal e s t a t e .................................................................................................... 1,5 13 Cash on hand and in b a n k ....................................................................... 52,925 Furniture and fixtures ............................................................................ 948 Instalm ents due and u n p a id ..................................................................... 4 ,0 2 9 Interest, prem ium , fees and fines due and u n p a id ........................... 775 Advances fo r taxes, insurance, e t c ........................................................ 1,688 43 00 78 80 75 29 75 13 $ 1 ,7 2 2 ,3 0 8 93 80 82 K eport oh Savings and L oan A ssociations LIABILITIES D ue shareholders, dues ............................................................................ $ 1 ,4 3 6 ,4 7 1 D ue shareholders, dividends cred ited ................................................. 193,816 B alance to be pa id borrow ers on m ortgage lo a n s .......................... 1 ,6 00 B orrow ed m oney ....................................................................................... 60 ,00 0 U ndivided profits ................................................. ._................................... 1 ,2 50 2 5 ,0 8 5 G uaran ty fun d (a s per section 392 o f Banking L a w ) ................ Instalm ents p r e p a i d .................................................................... 2 ,8 8 8 26 In terest prepaid ............................................ Interest on borrow ed m on ey................................................................... 269 80 35 00 00 36 58 41 70 73 $ 1 ,7 2 2 ,3 0 8 93 RECEIPTS C a d i on hand January 1, 1915 ............................................................ D ues credited t o members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta te .. Loans on shares repaid .......................................................................... R eal estate s o l d ............................................................................................ Pees r e c e iv e d ................................................................................................ Fines received .............................................................................................. In terest received ....................................... R en t received .............................................................................................. D ividends retained on w ith d r a w a ls ...................................................... Advances repaid ......................................................................................... Juvenile banks sold .............................................. $32,450 408,113 5 7 ,0 0 0 102,364 3 3 ,6 5 0 727 1 ,0 6 0 923 8 2 ,52 5 22 1 ,2 3 2 1,0 60 12 02 81 00 51 00 20 00 01 29 00 31 86 00 $721,141 01 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on shares ....................................................................................... D ues repaid on w ithdraw al, or applied on l o a n s ........................... P a id m atured s h a r e s ................................................................................. D ividends pa id on w ithdraw al, or applied on l o a n s .................... Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on borrow ed m oney and p rio r m ortga ges................ P a id fo r real estate ................................................................................. P a id salaries and c le r k - h i r e ................................................................... P a id advertising, p rin tin g and postage ........................................... P a id reh t ....................................................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, assessm ent................................................. A dvances fo r taxes, insurance, etc....................*................................... A pp raisals ..................................................................................................... F u rn itu re, fixtures, e t c . ............................................................................ J uvenile banks r e t u r n e d .......................................................................... M iscellaneous item s ................................................................................... Cash on hand Decem ber 31, 1915 ........................................................ $22 1,3 4 0 6 1 ,7 5 0 2 0 2 ,5 3 0 113,000 11,767 00 00 04 00 90 16,081 06 3 0 ,00 0 00 3 ,6 8 8 64 1 ,1 3 9 59 4 ,0 7 0 00 187 12 700 00 98 00 I l l 79 1 ,0 82 18 360 00 63 75 1800 227 14 52,925 80 $721,141 01 P lan , serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 17,323; shares issued during the year, 3,293; shares w ithdraw n du rin g the year, 2,467; shares in force, 18,149. B orrow in g members, 1 £ 1 3 , h oldin g 10,298 shares; non-borrow ing members, 891, holding 7,851 shares. Fem ale shareholders, 1,051, holdin g 6,896 shares. 83 Chemung County T otal dividends credited members during the year on instalm ent shares, $53,780.01, rate 5 % per cent. T ota l dividends credited or paid in cash to members du rin g the year on other shares, $18,186.89; rate, 4 per cent. N o unpaid w ithdraw als. A m ount o f shares matured during the year, $112,400. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid during the year, $5,544.26. U npaid none. Prem ium plan, gross. Interest paid by borrow ing members, 5 1 /1 0 per cent. N o prem ium charged. Loans have been made in Chemung county, N ew Y ork State. Largest m ortgage loan outstanding, $25,000. M ortgages in force in New Y ork State, $1,580,627.43. T w o foreclosures during the year. ELMIRA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 157 Lake Street, E lm ira, N. Y. Organized under Law o f 1887. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Names Commenced business 1888] Post-office addresses HENRY L. ROSENBAUM.................................. HENRY M. CLARKE........................................... HENRY M. CLARKE........................................... HERSCHEL L. GARDNER................................ ASSETS Loans on bond and m ortgage .............................................................. Loans on shares ......................................................................................... Cash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ Instalm ents due and unpaid ................................................................. Interest, premium, fees and fines due and u n p a i d ........................ Advances fo r taxes, insurance, e t c . ...................................................... Elmira, Elmira, Elmira, Elmira, N. N. N. N. Y. Y. Y. Y. $ 3 77,000 2 1 ,00 0 12,176 300 1,479 1,141 194 00 00 72 00 0o 22 38 $413,291 32 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends credited ................................................. Balance t o be paid borrow ers on m ortgage l o a n s ......................... Undivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f Banking L aw ) .............. $359,922 45,345 500 545 6 ,9 7 8 00 58 00 74 00 $413,291 32 RECEIPTS Cash on hand Janu ary 1, 1 9 1 5 ............................................................ Dues credited to members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeem ed( foreclosed or transferred t o real e s t a t e .. Loans on shares repaid ......................................................................... B eal estate sold ......................................................................................... Fees received ............................................................................................. Fines received ...................... Interest received ......................................................................................... D ividends retained on w it h d r a w a ls ................................................... Advances repaid ......................................................................................... Juvenile banks s o l d .................................................................................. $7 ,75 9 48 93,085 94 10,000 00 4 3,200 00 23 ,75 0 00 50 00 213 00 180 93 20 ,60 7 14 259 93 7970 4 00 $199,190 12 84 R epobt on Savings and L oan A ssociations DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on s h a r e s ....................................................................................... Dues pa id on w ithdraw al, o r applied on lo a n s ............................... P a id m atured s h a r e s ........... ,.................................................................... D ividends pa id -on w ithdraw al, o r applied on lo a n s ...................... Cash dividends paid on incom e and accum ulative prepaid shares ....................................................................................................... P a id borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s .............. P a id salaries and e le r k -h ir e ................................................................... P a id advertising, prin tin g and postage ........................................... P a id banking departm ent, exam ination .......................................... P a id banking departm ent, a s s e s s m e n t............................................... Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, etc....................................................... State League dues and expenses .......................................................... A u d itin g and appraising ........................................................................ B u rgla ry and hold-up in s u r a n c e .......................................................... F u rn itu re and fixture in s u r a n c e .......................................................... Telephone ....................................................................................................... A dding m achine .......................................................................................... Juvenile banks re d e e m e d .......................................................................... A dvanced interest r e f u n d e d ........... ....................................................... Office supplies .............................................................................................. Cash on hand December 31, 1915 ........................................................ $ 5 1 ,4 0 0 2 5 ,3 5 0 5 5 ,5 2 0 2 2 ,2 0 0 5 ,4 7 6 00 00 16 00 72 3 ,8 7 0 2 0 ,0 0 0 385 1 ,806 121 106 20 20 101 25 144 39 8 24 171 126 65 21 12,176 86 00 42 00 86 14 35 00 36 62 00 37 55 00 50 00 30 19 72 $ 1 99,190 12 Plan serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 5,868; shares issued during the year, 1,227; shares w ithdraw n durin g the year, 1,166; shares in force, 5,929. B orrow in g members, 270, h olding 2,492 shares; non-borrow ing members, 336, holdin g 3,437 shares. N o record o f fem ale shareholders. T ota l dividends credited members during the year on instalm ent shares, $13,367.45; rate, 4 % per cent. T otal dividends credited or paid in cash to members during the year on other shares, $4,302.53; rate, 4 per cent. N o unpaid withdrawals. A m ount o f shares m atured during the year, $22,200. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $2,210.59. Unpaid, none. Prem ium |>lan, gross. Interest paid by borrow in g members, 5 1 /1 0 per cent. N o prem ium charged. Loans have been made in Chemung county, New Y ork State. Largest m ortgage loan outstanding, $8,900. M ortgages in force in New Y ork State, $376,500. N o foreclosures during the year. THE ELMIRA MUTUAL BUILDING-LOAN ASSOCIATION N o. 258 State Street, E lm ira, N. Y. [Organized under Law of 1892. Officers Names Commenced business 1893] Post-office addresses 258 State Street. Secretary..................... CHAS. J. DaLANEY. . ASSETS $ 6 ,15 6 52 Loans on bond and m o r t g a g e ......................... 5,7 01 94 Cash on hand and in b a n k ............................. 21 67 Advances fo r taxes, insurance, etc................. 2 ,1 2 2 62 P rofit and loss .................................................... $14,0 0 2 75 C henango Cotjnty 85 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends credited ................................................. D ue shareholders, distribution o f assets .......................................... $8 ,31 6 61 2 ,361 65 3 ,3 2 4 49 $14,002 75 RECEIPTS Cash on hand J anu ary 1, 1915 ............................................................ Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Interest received ................. A dvances repaid ......................................................................................... B eal estate c o n t r a c t s ................................................................................ Furn itu re and fixtures sold ................................................................... $6 ,91 8 25 4 ,8 0 0 453 30 658 77 89 00 00 26 65 38 50 $12,963 68 DISBURSEMENTS P aid salaries and c le r k -h ir e ................................................................... P a id advertising, prin tin g and p o s t a g e ............................................ P aid rent .................................................................................................... P a id banking departm ent, e x a m in a tio n ............................................. P aid banking departm ent, a s s e s s m e n t............................................... P a id shareholders, distribution o f assets ........................................ C ounty elerk and n otary’ s feees .......................................................... C ollection and exchange ......................................................................... T raveling expense .............................. Sundries ......................................................................................................... Cash on hand December 31, 1915 ........................................................ $180 10 20 26 4 6 ,9 5 6 6 40 13 3 5,701 00 53 20 50 01 04 95 41 60 50 94 $12,963 68 Plan, serial. P ar value o f shares, $100. Instalm ents are 50 cents and $1 m onthly. Shares in force January 1, 1915, 1 ,3 7 3 % ; shares issued durin g the year, n on e; shares w ithdraw n during th e year, n on e; shares in force, 1,373% . B orrow ing members, 2, holding 50 shares; non-borrow ing members, 135, holdin g 1,323% shares. Fem ale shareholders, 13, holdin g 124 shares. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $268.24. U npaid, none. Prem ium plan, prem ium -interest. Interest paid b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 1% per cent. Loans have been made in E rie and N iagara counties, New W ork State. L argest m ortgage loan outstanding, $2,800. M ortgages in force in New Y o rk State, $6,156.52. N o foreclosures during the year. CHENANGO COUNTY THE CHENANGO CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION OF NORWICH, N. Y. N o. 182 Broad Street, N orw ich, N. Y. [Organized under Law o f 1887. Officers President..................... Secretary..................... Treasurer.................... Attorney..................... Commenced business 1888] Names Post-office addresses P. JOE SCHORN............................................... Norwich, N.Y. CHARLES C. M cNITT..................................... Norwich, N.Y. A. J. BRAMBR................................................... Norwich, N.Y. IRA H. HYDE..................................................... Norwich, N.Y. 86 R epoet oh Savings and L oan A ssociations assets Loans on bond and m ortgage .............................................................. Loans on s h a r e s ............................................................................................ Shares o f L and Bank o f S tate o f New Y o r k .................................... R ea l estate ........................................................ .......................................... Cash on hand and in b a n k .................... ................................................. F u rn itu re and fixtures ............................................................................ Advances fo r taxes, insurance, etc....................................................... $287,582 19,642 1 ,0 0 0 10,300 5 ,3 6 9 1,062 47 98 00 00 00 23 67 15 $325,004 03 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends credited ................................................. B alance t o be paid borrow ers on m ortgage l o a n s ......................... B orrow ed m oney ....................................................................................... U ndivided profits ....................................................................................... G uaranty fun d {as per section 392 o i Banking L a w ) .................. $254,554 4 2,621 1 ,7 2 5 16,500 2 ,8 3 8 6 ,7 6 3 58 71 25 00 54 95 $ 3 25,004 03 • RECEIPTS Cash on hand Janu ary 1, 1 9 1 5 ............................ D ues credited t o mem bers ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. L oan s on shares r e p a i d ....................................................................... Fees received ................................................................................................ Fines received .............................................................................................. In terest r e c e iv e d ......................................................................................... R en t received .............................................................................................. D ividends retained on w ith d raw a ls...................................................... A dvances repaid ......................................................................................... Pass b o o k s .................................................................................................... $3 ,89 3 74 ,31 8 2 7 ,2 0 0 5 2 ,50 2 12,655 44 24 17,759 515 601 24 21 80 46 00 45 00 50 21 88 33 57 45 75 $189,561 40 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned o n shares ................................................. ..................................... D ues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured s h a r e s ................................................................................. D ividends paid on w ithdraw al, or applied on l o a n s .................... Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rior m ortgages .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s ............. P a id salaries and c le r k - h ir e ................................................................... P a id advertising, p rin tin g and p o s t a g e .................................... . . . P a id repairs t o real e s t a t e ................................................................ P a id taxes, insurance, etc......................................................................... P a id banking departm ent, e x a m in a tio n ............................................. P aid banking departm ent, assessm ent............................................... A dvances fo r taxes, insurance, etc.................................................. Shares o f Land Bank ....................................... In terest on advanced d u e s ........................................................................ Coal .................................................................................................................. F u rn itu re and fixtures ............................................................................ Cash on hand December 31, 1915 .......................................................... $63,3 5 0 11,254 6 0 ,71 4 2 5 ,5 8 8 4 ,0 7 9 75 00 94 00 33 1 ,8 0 8 1 4,200 273 1 ,1 40 359 78 74 46 23 20 1 ,0 0 0 53 93 35 5 ,3 6 9 04 00 14 00 73 92 24 06 12 45 00 23 22 00 23 $189,561 40 87 Columbia County Plan, serial. P a r value of shares, $200. Instalm ents are $1 m onthly. Shares in force January 1, 1915, 2,965; shares issued during the year, 5 0 2 ; shares w ithdraw n durin g the year, 5 16; shares in force, 2,951. B orrow in g members, 261, holding 1,464 shares; non-borrow ing members, 254, holding 1,487 shares. Fem ale shareholders, 180, holding 924 shares. T ota l dividends credited members during the year on instalm ent shares, $11,616.91 rate, 6 per cent. T ota l dividends credited or paid in cash to mem bers du rin g the year on other shares, $3,495.71; rate, 4 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $25,588. Mem bership fee, 50 cents. Operating expenses, as defined in sec tion 390 o f the Banking Law, incurred and paid during the year, $1,592.95. Unpaid, none. N o prem ium plan. Interest paid by borrow in g members, 6 per cent. N o prem ium charged. Loans have been made in Chenango county, New Y ork State. Largest m ort gage loan outstanding, $4,700. M ortgages in force in New Y ork State, $287,582.98. One foreclosure during th e year. COLUMBIA COUNTY HUDSON SAVINGS AND LOAN ASSOCIATION No. 346 W arren street, Hudson, N. Y. [ Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law of 1910. Commenced business 1911] Names Post-office addresses DELBERT DINBHART Hudson, N. Y. Hudson, iN. Y. E. C. VAN LOAN......... Hudson, N. Y. E. C. VAN LOAN......... Hudson, N. Y. L. R. TILDEN............... ASSETS Loans on bond and m ortga ge...................... Loans on shares ................................................. Gash on hand and in b a n k ............................. Furniture and fixttires ...................... ............. $49,478 490 74 15 50 00 94 00 $50,058 44 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends credited ................................................. Borrow ed money ....................................................................................... Undivided profits ..................................................................................... Guaranty fund (as per section 392 o f Banking L a w ) .................. $41,551 3 ,298 4 ,2 0 0 767 242 00 19 00 04 21 $50,058 44 RECEIPTS Cash on hand January 1, 1915 ............................................................ Dues credited to members ..................................................................... Money borrow ed ......................................................................................... M ortgage redeemed, foreclosed or transferred to real e s ta te .. Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Fines received ........................................................................................... Interest received ......................................................................................... Dividends retained on w ithdraw als ................................................... Transfer f e e s ............................ $39 13,287 10,150 1,261 455 50 32 2 ,365 68 3 68 00 00 25 00 75 36 84 44 00 $27,713 32 88 R epost on Sayings and L oan A ssociations DISBUBSEMENTS Loaned on m o r t g a g e ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... D ividends pa id on w ithdraw al, or applied on lo a n s ...................... Cash dividends pa id on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p r io r m ortga ges.................................... P a id in terest cm borrow ed m oney and p rior m ortga ges................ P a id salaries and c le r k -h ir e ................................................................... P a id advertising, p rin tin g and p o s t a g e ................. P a id banking departm ent, assessment ............................................. Officers’ bonds .............................................................................................. A u d itin g ......................................................................................................... S a fe ................................................................................................................ M ovin g and repairing s a f e ..................................................................... Inspectors o f e le c t io n ................................................................................ In tern al revenue s t a m p s .......................................................................... Cash on hand December 31, 1915 ............................ $15,3 3 4 845 3 ,2 8 4 187 75 00 00 84 63 7 ,6 0 0 91 125 47 3 12 20 15 4 2 2 74 75 00 92 00 02 52 00 00 00 00 00 58 94 $ 2 7 ,7 1 3 32 Plan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in fo rce Janu ary 1, 1915, 1,040; shares issued du rin g the year, 2 0 3 ; shares w ithdraw n during the year, 115; shares in force, 1,128. B orrow in g members, 30, h oldin g 331 shares; non-borrow ing members, 170, holdin g 797 shares. Fem ale shareholders, 38, h oldin g 181 shares. T ota l dividends credited mem bers du rin g the year on instalm ent shares, $1,639.27; rate, 4 % per cent. T ota l dividends credited o r paid in cash to members du rin g the yea r on other shares, $67.50 rate, 4 % per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $212.60. U npaid, none. N o prem ium plan. Interest V- n d by b orrow in g members, 6 per cent. N o prem ium charged. L oan s have been m ade in Colum bia and D utchess counties, New Y ork State, L a rgest m ortgage loan outstanding, $5,000. M ortgages in force in New Y ork S tate, $49,478.50. N o foreclosures during the year. STUYVESANT FALLS BUILDING AND LOAN ASSOCIATION Stuyvesant F alls, N . Y . [Organized under Law o f 1851. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1881] Names JAMES R. HUGHES....................... M. J. DUNHAM................................. WILLIAM CULLEN.......................... WILLIAM GRAF............................... Post-office addresses Stuyvesant Falls, N. Y. Stuyvesant Falls, N. Y. Stuyvesant Falls. N. Y. Kinderhook, N. Y. ASSETS Loans on bond and m o r t g a g e ......................... Loans on shares ................................................. Cash on hand and in b a n k ............................. $13,425 00 1,725 00 13 36 $15,1 6 3 36 LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... $11,565 00 2 ,4 4 9 83 89 Columbia County B orrow ed m o n e y ......................................................................................... U ndivided profits ....................................................................................... G uaranty fund {a s per section 392 o f Banking L aw ) ................ $815 00 321 330 32 $15,163 36 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred t o real e s t a t e .. Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Fines received .............................................................................................. Interest r e c e iv e d ......................................................................................... D ividends retain® ! on w ithdraw als ................................................... $74 11 2 ,6 7 3 00 3,1 75 00 400 00 185 00 9 00 7 91 870 03 891 $ 7 ,40 2 96 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... P aid m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s .................... P aid borrow ed m oney and prior m o r t g a g e s .............................. P aid interest on borrow ed m oney and p rior m o r t g a g e s ............ P aid salaries and clerk -h ire................................................................... P aid advertising, printing and p o s t a g e ........................................... P aid banking departm ent, exam ination .......................................... P aid banking departm ent, a s s e s s m e n t.............................................. Cash on hand Decem ber 31, 1915 ........................................................ $2 ,90 0 1,125 384 404 44 2 ,3 6 0 101 50 5 11 1 13 00 00 00 94 58 00 82 00 53 90 83 30 $ 7 ,40 2 96 Plan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly Shares in force January 1, 1915, 193; shares issued d u rin g the year, 4 6 ; shares w ithdraw n during the year, 17; shares in force, 222. B orrow in g mem bers, 19, holding 122 shares; non-borrow ing members, 26, h oldin g 100 shares. Female shareholders, 13, holding 61 shares. T otal dividends credited mem bers during the year on instalm ent shares, $693.90; rate, 6 per cent. N o unpaid w ithdraw als. A m ount o f shares matured du rin g the year, $404.94. M em bership fee, $1. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $55.53. Unpaid none. N o prem ium plan. Interest paid by borrow in g members, 6 per cent. No prem ium charged Loans have been made in C olum bia and Rensselaer counties, New Y ork State. L argest m ortgage loan outstanding, $1,800. M ortgages in foree in New Y o rk State, $13,425. N o foreclosures durin g the year. 90 R eport on Savings and L oan A ssociations CORTLAND COUNTY THE CENTURY CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION E ast M ain street, M arathon, N . Y . [Organized under Law o f 1894. Officers President.................... Secretary..................... Treasurer................... Commenced business 1895] Names Post-office addresses FRED H. SW IFT........................................... Marathon, N. Y. A. C. BAKER................................................. Marathon, N. Y. B. L. COURTNEY........................................... Marathon, N. Y. ASSETS Loans on bond and m ortgage ............................................................... Loans on shares ......................................................................................... Cash on hand and in bank ................................................................... F u rn itu re and f ix t u r e s .............................................................................. A dvances fo r insurance .......................................................................... $22,925 1 ,1 8 0 1,415 11 5 00 00 12 20 00 $25,538 32 LIABILITIES D ue shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ..................................................... B orrow ed m o n e y ......................................................................................... U ndivided profits .......................................................... ^........................... G uaran ty fun d (a s per section 392 o f Banking L a w ) .................. $ 19,528 2 ,3 3 4 3 ,1 5 0 72 450 71 15 00 89 57 $25,536 32 RECEIPTS Cash on hand J anu ary 1, 1915............................................................... D ues credited to m em bers.......................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta te .. L oans on shares r e p a i d ............................................................................ Fees received ................................................................................................ F ines received .............................................................................................. In terest r e c e iv e d .................................................................................. D ividends retained on w ith d raw a ls...................................................... A ttorn ey’s f e e s .............................................................................................. $519 5 ,8 3 3 2 ,4 0 0 1 ,0 0 0 135 29 7 1 ,2 7 0 5 4 03 15 00 00 00 00 70 35 92 95 $ 1 1 ,2 0 5 10 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares .................................................................. D ues repaid on w ithdraw al, or applied on lo a n s ........................... P a id m atured s h a r e s ................................................................................ D ividends paid on w ith draw al, or applied on lo a n s ...................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta g e............................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... A dvances fo r in su rance.............................................................................. A ttorn ey’s f e e s .............................................................................................. M ortga ge t a x ................................................................................................ In tern a l revenue sta m p s.......................................................................... $1 ,70 0 00 600 00 744 00 4 ,8 1 4 40 68 07 1 ,650 00 198 39 150 00 210 36 58 2 66 5 00 5 95 9 00 1 08 91 Cortland County Telepftone ...................................................................................................... Safe deposit b ox ......................................................................................... Cash on hand December 31, 1015.......................................................... $075 2 00 1,415 12 $11,2 0 5 10 P lan, permanent. P a r value o f shares, $100. Instalm ents are 50 cents and $1 m onthly. Shares in force Janu ary 1, 1015, 6 1 9 ; shares issued durin g the year, 106; shares w ithdraw n durin g the year, 7 0 ; shares in force, 655. B orrow ing members, 26, h oldin g 313 shares; non-borrow ing members, 56, holding 342 shares. Fem ale shareholders, 22, h oldin g 81 shares. T o ta l dividends credited members during the year on instalm ent shares, $1,040.06; rate, 7 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $4,614.40. Entrance fee, 25 cents per share. O perating expenses, a s defined in section 390 o f the Banking Law , incurred and paid during th e year, $155.93. U npaid, none. N o prem ium plan. Interest paid b y b orrow in g members, 6 per cent. N o premium charged. Loans have been made in B room e and C ortland counties, N ew Y ork State. Largest m ortgage loan outstanding, $2,700. M ortgages in force in N ew Y ork State, $22,925. N o foreclosures durin g the year. DIME SAVINGS AND LOAN ASSOCIATION N o. 56 M ain street, C ortland, N . Y . [Organized Officers President..................... Secretary.................... Treasurer................... Attorney..................... under Law o f 1910. Commenced business 19111 Names Post-office addresses FREDERICK B. BOURSE.............................. Cortland, N. Y. W. A. STOCKWELL....................................... Cortland, N. Y. FRANK 3. PECK............................................ Cortland, N. Y. CHAMFLIN & BUCK....................................... Cortland, N. Y. ASSETS Loans on bond and m ortg a g e................................................................. Loans on s h a r e s ........................................................................................... Cash on hand and in b a n k ..................................................................... Interest, prem ium , fees and fines due and u n p a id ......................... Instalments due and unpaid...................................................... $ 5 4 ,6 0 6 1,195 881 138 00 00 10 99 $3,872 80 $56,815 09 LIABILITIES D ue shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ................................................... B orrow ed m oney ......................................................................................... U ndivided profits ....................................................................................... G uaran ty fund (a s per section 392 o f B anking L a w ) .................... $45,233 2 ,461 7 ,5 0 0 1,413 206 73 16 00 56 64 $56,815 09 RECEIPTS Cash on hand January 1, 1915........................................................... Dues credited t o m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares repaid .............................................. Fees received ................................................................................................ $123 18 18,445 75 21 ,10 0 00 2 ,3 0 0 00 100 00 80 90 92 R epoet on Savings and L oan A ssociations Interest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... D ividends retained on w ith d raw a ls.................................................... $2,452 57 735 80 35 19 $ 4 5 ,3 7 3 49 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ith draw al, o r applied on lo a n s ........................... D ividends paid on w ith draw al, or applied on lo a n s .................... Cash dividends pa id on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P a id borrow ed m oney and p rior m o r tg a g e s ..................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire..................................................................... P a id advertising, p rin tin g and p o s t a g e . . . . .................................... P a id ren t ....................................................................................................... P a id banking departm ent, exam in ation ............................................. P a id banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. S tate League dues ..................................................................................... In tern al revenue sta m p s............................................................................ Cash on hand December 31, 1915.......................................................... $22,925 275 4 ,5 8 0 117 00 00 75 28 527 1 5 ,10 0 394 359 69 104 18 21 12 2 4 881 16 00 04 98 96 00 83 39 00 50 52 10 $ 4 5 ,3 7 3 49 P la n , permanent. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force Janu ary 1, 1915, 2,012; shares issued during the year, 809; shares w ithdraw n durin g the year, 109; shares in force, 2,712. B orrow in g mem bers, 48, h oldin g 631 shares; n on-borrow ing members, 182, h oldin g 2,081 shares. Fem ale shareholders, 67, h oldin g 626 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,305.93; rate, 6 per cent. T o ta l dividends credited or paid in cash to members durin g the year on oth er shares, $527.16; rate, 4 % per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and pa id du rin g the year, $552.96. U npaid, none. Prem ium plan, prem ium -interest. In terest paid b y borrow in g members, 10 cents per share per week. Prem ium pa id b y borrow in g members, 3 cents per share per week. L oans have been m ade in C ortland cou nty, N ew Y ork State. L argest m ort gage loan outstanding, $4,500. M ortgages in force in N ew Y o rk State, $54,600 N o foreclosures du rin g the year. DELAW ARE COUNTY THE WALTON CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 136 D elaw are street, W a lton , N . Y . [Organized Officers President..................... Secretary..................... Treasurer...................... Attorney..................... under la w of 1894. Commenced business 1907] Names Post-office addresses F. R. DARLING................................................... Walton, N. Y . BLANCHE L. YBNDES.................................... Walton, N. Y. ROBERT B. ST. J O H N ....................... Walton, N. Y. A. G. PATTERSON............................................. Walton, N. Y. 93 D elaware County ASSETS Loans on bond and m ortg a g e ........... , .............................................. . Loans on shares ......................................................................................... Shares o f Land Bank o f State o f New Y o r k .................................... Cash on hand and in b a n k ..................................................................... $23,5 5 0 475 1 ,0 0 0 341 00 00 00 84 $ 25,366 84 LIABILITIES Due shareholders, dues ....................................................................... Due shareholders, dividends cred ited ..................................................... Borrow ed m o n e y ......................................................................................... U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ............... .... $17,319 1,967 5 ,0 65 817 197 00 89 00 81 14 $25,366 84 R E CEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. . Loans on shares repaid ......................................................................... Fees received ................................................................................................ Fines received ............................................ Interest received ......................................................................................... D ividends retained on w ith draw als......... ............................................ Advances repaid ......................................................................................... $738 91 5 ,5 5 0 00 8,8 35 00 100 00 328 40 52 75 7 48 1,153 00 5 16 47 53 $16,818 23 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s........................... D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P aid borrow ed m oney and prior m ortga ges.................................... P aid interest on borrow ed m oney and prior m ortga ges............. P aid salaries and clerk -h ire................................................................... P aid advertising, printing and p osta g e ................. P aid banking departm ent, exam in ation ........... ................................ P aid banking departm ent, assessm ent................................................. Advances fo r taxes, insurance, e t c ........................................................ Shares o f Land B a n k .................................................................................. C ounty clerk ................................................................................................ Finance com m ittee expenses..................................................................... Cash on hand December 31, 1915.......................................................... $ 9,250 475 804 34 00 00 00 34 42 4 ,5 7 0 150 48 17 29 2 47 1,000 1 3 341 53 00 51 50 91 00 10 45 00 13 92 84 $16,818 23 Plan, permanent. P ar value of shares, $200. Instalm ents are $1 monthly. Shares in ,force January 1, 1915, 2 8 3 ; shares issued durin g the year, 198; shares w ithdraw n during the year, 2 2 ; shares in force, 459. Borrow ing members, 21, holding 160 shares; non-borrow ing members, 60, holding 299 shares. Fem ale shareholders, 25, holdin g 132 shares. T otal dividends credited members during the year on instalm ent shares, $680.38; rate, 5 % per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $42.53; rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. Operating expenses, as defined in section 390 o f the B anking Law , incurred and paid du rin g th e year, $71.46. U npaid, none. 94 B eport on Savings and L oan A ssociations P rem ium plan, gross. In terest paid b y b orrrow in g members, 6 per cent. N o prem ium charged. couni L oan s have been made in Delaw are cou nty, New Y ork State. la r g e s t m ort ortgaf ga ge loan outstanding, $5,000. M ortgages in force in N ew Y o rk State, $23,550. N o foreclosures during th e year. DUTCHESS COUNTY THE HOME CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 47 M arket street, Poughkeepsie, N. Y . [ Organized under Law o f 1887. Officers President............ .. Secretary..................... Treasurer................... Attorney..................... Commenced business 1888. Laws o f 1894] Names GEORGE W. KRIEGER........................ GEORGE W. POLK................................ GUILFORD DUDLEY............................. JOHN J. MYLOD..................................... Reorganized under Post-office addresses Poughkeepsie, N. Y. Poughkeepsie. N. Y. Poughkeepsie. N. Y. Poughkeepsie, N. Y. A SSE TS Loans on bond and m ortg a g e................................................................. Loans on shares ......................................................................................... R eal e s t a t e ..................................................................................................... Cash on hand and in b a n k ..................................................................... F u rn itu re and fixtures ............................................................................ Instalm ents due and u n p a id ................................................................... A dvances fo r taxes, insurance, e t c ........................................................ $55 6,5 0 0 2 7 ,05 0 2 ,9 6 5 53,191 344 2 ,9 6 1 11 00 00 62 98 20 17 00 Interest, premiums, fees and fines due and unpaid. $1,256 09 $ 6 43,023 97 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, m atured sh a res........................................................ D ue shareholders, dividends cred ited ................................................... U ndivided profits ....................................................................................... G u aran ty rand (a s per section 392 o f Banking L a w ) . . . . -----D ues advanced ....................................................... In terest a d v a n c e d ....................................................................................... In d ivid u a l a c c o u n t s ...................... Cash differences ......................................................................................... $490,560 29,481 0 8 ,52 8 1 0 ,12 0 13 ,36 2 772 90 100 6 00 40 81 83 80 98 75 00 40 $643,023 97 RECEIPTS Cash on hand Janu ary 1, 1915.......................................... D ues credited to m em bers..................................................................... M ortgages redeemed, foreclosed o r tran sferred t o real e s t a t e .. Loans on shares repaid .......................................................................... Fees r e c e iv e d ................................................................................................ Fines received .............................................................................................. In terest received ......................................................................................... R en t r e c e iv e d ................................................................................................ D ividends retained on w ith d raw a ls...................................................... Advances rep aid ......................................................................................... Cash differences .......................................................................................... $35,082 106,728 7 1 ,0 5 0 9 ,5 5 0 313 853 3 5 ,46 4 200 751 6 25 24 24 00 00 00 09 22 00 74 60 02 $ 260,024 15 95 E rie C ounty DISBURSEMENTS Loaned on m o rtg a g e ............................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on loa n s........................... P aid m atured shares................................................................................ D ividends pa id on w iithdraw al, or applied on lo a n s .................... Cash dividends paid on income and accum ulative prepaid shares P aid salaries and clerk -h ire................................................................... P aid advertising, prin tin g and p osta g e............................................... P aid rent ...................................................................................................... P aid taxes, insurance, e t c ....................................................................... P aid banking departm ent, exa m in a tion ........................ P aid banking departm ent, assessm ent................................................. Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ..................................................... State League dues and expenses............................................................ Cash d iffe r e n c e s ........................................................................................... A u d it in g ............................................................................. T e le p h o n e ....................................................................................................... L i g h t ................................................................................................................ Care o f o f f i c e ................................................................................................ M iscellaneous item s ................................................................................... Cash on hand December 31, 1915........................................................ $91,1 5 0 12,400 43 ,12 6 49 ,40 2 7 ,4 5 3 695 1,6 94 207 340 40 48 43 52 17 23 24 22 44 12 23 9 53,191 00 00 00 59 74 28 00 33 00 30 83 79 00 60 90 00 50 51 38 45 97 98 $260,024 15 Plan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in fo rce January 1, 1915, 8,501; shares issued du rin g the year, 1,229; shares w ithdraw n during the year, 1,275; shares in force, 8,455. B or row ing members, 455, holding 2,918 shares; non-borrow ing members; 596, h oldin g 5,537 shares. Fem ale shareholders, 403, holding 2,870 shares. T ota l dividends credited members during the year on instalm ent shares, $30,448.90; rate, 5 % per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $695.28; rate 4 % per cent. N o unpaid w ithdraw als. A m ount o f shares m atured during the year, $43,509.79. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $2,429.02. U npaid, none. Prem ium plan, gross. Interest paid b y borrow in g members, 6 per cent. N o prem ium charged. Loans have been made in Dutchess, Putnam and U lster counties, New Y ork State. L argest m ortgage loan outstanding, $7,750. M ortgages in force in New Y ork State, $556,500. N o foreclosures during the year. ERIE COUNTY AETNA PERMANENT SAYINGS AND LOAN ASSOCIATION N o. 77 Seventeenth street, B uffalo, N. Y . [Organized under Law of 1851. Officers President. Secretary. Treasurer Attorney. Commenced business 1889] Names CHARLES H. SCHW ENK.. . . WILLIAM E. SHIFFERENS. CONRAD KAISER................... GEORGE B. BURD................... Post-office addresses 51 Fifteenth Street. 14 Seventeenth Street. 371 Vermont Street. 26 Erie Co. Bk. Bldg. ASSETS Loans on bond and m ortgage .............................................................. $71,2 3 0 00 Loans on shares............................. ; ................................................... 5,280 00 96 R eport on Savings and L oan A ssociations R ea l estate .................................................................................................. Oash on hand and in b a n k ...................................................................... F u rn itu re and fix tu r e s .. ........................................................................ $721 47 1 3 ,2 5 9 40 260 39 $90,7 5 1 26 LIABILITIES D ue shareholders, d u e s ............................................................................ D ue shareholders, dividends credited ............................................... U ndivided profits ....................................................................................... G uaranty fu n d (a s per section 392 o f Banking L a w ) .................. Unearned o r rebatable p r e m iu m .......................................................... $ 7 3 ,2 0 2 1 0 ,21 8 970 3 ,6 0 0 2 ,7 5 9 60 23 93 00 50 $90,7 5 1 26 BECEIFTS Gash on hand J a n u a ry 1, 1915............................................................... D ues credited t o members ................................................................... M ortgages redeemed, foreclosed or transferred t o rea l e s t a t e .. L oan s on shares re p a id .............................................................................. F ees r e c e iv e d ................................................................................................ F in es r e c e iv e d .............................................................................................. In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................................................................... D ividends retained on w it h d r a w a ls ................................................... $ 1 4 ,4 5 0 4 1 ,6 3 8 14,790 4 ,5 6 0 113 53 5 ,2 4 4 909 528 69 00 00 00 75 68 70 50 35 $ 8 2 ,2 8 3 67 DISBUBSEMEHTS Loaned on m o r t g a g e ................................................................................... Loaned on shares ..................................................................................... D ues repaid on w ith draw al, o r applied on lo a n s ............................. P a id m atured s h a r e s ................................................................................. D ividends paid on w ithdraw al, or applied on lo a n s ...................... P a id salaries and c le r k -h ir e ................................................................... P a id advertising, p rin tin g and p o s t a g e ............................................. P a id taxes, insurance, etc........................................................................ P a id banking departm ent, exam ination ........................................... P a id banking departm ent, assessment ............................................. Cash on hand Decem ber 31, 1915........................................................ $ 1 7 ,0 8 0 00 960 00 3 3 ,0 5 3 00 1 5 ,4 2 0 10 1 ,6 12 52 768 75 86 50 20 29 15 50 761 1 3 ,2 5 9 40 $ 8 2 ,2 8 3 67 P lan , serial. P a r value o f shares, $130. Instalm ents are 25 cents w eekly. Shares in force J anu ary 1, 1915, 2,626; shares issued du rin g the year, 4 5 5 ; shares w ithdraw n du rin g the year, 6 69; shares in force, 2,412. B orrow in g members, 35, holdin g 512 shares; n on-borrow ing members, 296, holding 1,900 shares. Female shareholders, 139, holding 776 shares. T ota l dividends credited mem bers durin g the yea r on instalm ent shares, $5,134.35; rate, 7 p er cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $15,420.10. Entrance fee, 25 cents per share. O perating expenses as defined in section 390 o f the Banking Law , incurred and paid during the year, $855.25. U npaid, none. P rem ium plan, gross. In terest paid b y b orrow in g members, 15 cents per share. Prem ium pa id b y borrow in g members, $10 per share. L oa n s have been made in E rie cou nty, N ew Y ork State. L a rg est m ort ga ge lo o n outstanding, $4,680. M ortgages in force in N ew Y ork State, $71,230. N o foreclosures during th e year. 97 E w e County BLACK SOCK MUTUAL HOME AND SAYINGS ASSOCIATION N o. 52 Am herst street, Buffalo, N. Y. fOrganized Officers President..................... Secretary..................... Treasurer................... Attorney...................... under Law o f 1851. Commenced business 1890] Names Post-office addresses JOHN BLUST......................................... 205 East Street. LOUIS G. PETES.................................. 162 Riverside Avenue. JAMES LEE.............................................. 62 Amherst Street. JAMES P. SCHAUS................................ 604 Curtiss Building. ASSETS Loans on bond and m ortgage ............................................................... C ontracts fo r sale o f real esta te............................................................ R eal estate .................................................................................................. Cash on hand and in b a n k ....................................................................... $259,132 360 9 ,8 97 33, 381 50 00 03 94 $302,771 47 LIABILITIES Due shareholders, dues ......................................................................... D ue shareholders, dividends c r e d it e d ................................................. U ndivided p r o f i t s ....................................................................................... G uaranty fu n d (as per section 392 o f Banking L a w ) ......... .. $251,147 3 3 ,72 0 6 ,3 0 3 11,600 0*> 53 94 00 $302,771 47 RECEIPTS Cash on hand J anu ary 1, 1915............................................................... D ues credited to m e m b e r s ........................................................................ M ortgages redeemed, foreclosed or transferred to real e s t a t e .. R eal estate sold ......................................................................................... Fees r e c e iv e d ................................................................................................ Fines r e c e iv e d .............................................................................................. Interest r e c e iv e d ......................................................................................... Prem ium received ..................................................................................... R ent received ..........................................................................' ......... .. Advances repaid ......................................................................................... R efunds on telephone, ligh t and sta tion ery ...................................... $25,543 224,674 42,901 1, 832 752 53 1 4,174 3 ,1 8 9 560 177 16 50 18 48 48 25 75 41 30 00 10 67 $313,875 12 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, or applied on lo a n s ......................... D ividends paid on w ithdraw al, or applied on lo a n s ...................... P a id borrow ed m oney and p rior m ortga ges.................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id fo r real e s t a t e .................................................................................. P a id salaries and clerk-hire ................................................................. P a id advertising, prin tin g and p osta ge............................................. P a id rent .................................................................................................... P a id repairs to real esta te..................................................................... P a id taxes, insurance, etc......................................................................... P a id banking departm ent, exam ination .......................................... P aid banking departm ent, a s se s s m e n t............................................... Officers’ b o n d s .............................................................................................. S ta te League dues ..................................................................................... M ortgage ta x .............................................................................................. Legal services .............................................................................................. Foreclosure expenses ................................................ Com mission on sale o f real esta te........................................................ H eat and ligh t ............................................................................................ Telephone......................................................................................................... 4 $ 6 8 , 366 187,787 7 ,1 73 10,000 90 1,419 3 ,2 0 9 243 50 347 629 36 20 68 9 342 142 75 74 138 44 48 78 96 00 00 48 50 57 00 83 23 50 11 00 00 00 15 25 00 57 89 98 R epoet on Savings and L oan A ssociations Office fu rn itu re and f ix t u r e s ................................................................... Office s u p p lie s .............................................................................................. C a d i on hand Decem ber 31, 1015 .......................................................... $16 0 0 208 8 8 33, 381 94 $ 3 13,875 12 P lan , permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force Ja n u a ry 1 , 1915, 10,432; shares issued du rin g th e year, 3,003; shares w ithdraw n d u rin g th e year, 2,305; shares in force, 11,130. B orrow in g members, 151, h oldin g 1,290 shares; n on-borrow ing members, 1,737, h oldin g 9,840 shares. Fem ale shareholders, 540, h oldin g 2,775 shares. T ota l dividends credited mem bers du rin g the year on instalm ent shares, $10,542.50; rate, 5 per rant. N o unpaid w ithdraw als. Entrance fee, 5 5 cents per share. O perating ex penses, as defined in section 390 o f th e B anking Law , incurred a n d paid du rin g th e year, $4,045.74. U npaid, none. P rem ium plan, instalm ent. Interest pa id b y borrow in g mem bers, 6 per cent. Prem ium p a id b y b orrow in g members, 5 cents per share per week. L oan s have been m ade in E rie county, N ew Y o rk State. L argest m ortgage loan outstanding, $7,310. M ortgages in force in N ew Y ork State, $259,132.50. One foreclosure du rin g the year. CARLTON STREET PERMANENT SAYINGS AND AID ASSOCIATION N o. 306 Carlton street, Buffalo, N . Y . [Organized under Law o f 1861. Commenced Officers Names CHARLES DETHLOFP................ President. JOHN A. GLUNZ.......................... Secretary. WILLIAM SCHMIDT.................... Treasurer. LOOTS BBAUNLEIN.................... Attorney. business 1880] Post-office addresses 56 Berlin Street. 39 Peach Street. 306 Carlton Street. 14 German Ins. Co. Bldg. ASSETS L oan s on bond and m ortg a g e................................................................. Cash on hand and in b a n k ........................................................................ F u rn itu re and fixtures ............................................................................ $ 2 6 ,8 5 0 00 9, 339 29 50 0 0 $36,2 3 9 29 LIABILITIES D ue shareholders, d u e s ............................................................................ D ue shareholders, dividends cred ited ................................................... U ndivided profits ....................................................................................... G uaranty rand (a s per section 392 o f B anking L a w ) ................ $32.1 8 4 2 ,7 8 4 595 694 50 18 91 70 $ 36,239 29 RECEIPTS Cash on hand January 1, 1915............................................................... Dues credited t o m em bers........................................................................ M ortgages redeemed, foreclosed o r transferred to real e s ta t e .. Fees r e c e iv e d ................................................................................................ In terest r e c e iv e d ......................................................................................... $3 ,67 5 31 ,41 3 2 ,6 0 0 122 1 ,706 16 25 00 75 76 $39,5 1 7 92 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... D ues rep aid on w ith draw al, o r applied on lo a n s ........................... D ividends p a id on w ithdraw al, o r applied on lo a n s .................... $ 2 ,4 5 0 00 2 6 ,4 0 2 00 795 01 99 E rie County P a id salaries and clerk-hii ....................................................... P a id advertising, prin tin g id p osta g e............................................ P a id r e n t ...................................................................................................... P a id banking departm ent, t lin a tion ............................................. P a id banking departm ent, assessm ent................................................. A dvances fo r taxes ................................................................................. Cash on hand Decem ber 31, 1915........................................................ $422 13 40 19 3 33 9, 339 00 87 00 00 18 57 29 $39,517 92 Plan, permanent. P ar value o f shares, $100. Instalm ents are -25 cents, weekly. Shares in fo rce January 1 , 1915, 2,917; shares issued d u rin g the year, 4 9 1 ; shares w ithdraw n du rin g the year, 3 8 1 ; shares in force, 3,027. B or row in g members, 24, h oldin g 41P ia r e s ; non-borrow ing members, 347, holding 2,611 shares. Fem ale sharehoh f , 208, holding 1,498 shares. T ota l divi dends credited members du rin g \e year on instalm ent shares, $1,313.45; rate, 5 per cent. F o unpaid w ithdraw als. Entrance fee, 25 cents p er share. O perating exs, as delined in section 390 o f the B anking Law , incurred and paid g the year, $475.87. U npaid, none. Prem ium plan, gross. In terest paid b y borrow in g members, 12 cents per share per week. N o premium charged. Loans have been made in E rie county, New Y o rk State. L argest m ortgage loan outstanding, $2,500. M ortgages in force in F e w Y ork S tate, $26,850. N o foreclosures du rin g the year. S CLIN TO N M U T U A L S A Y IN G S AN D LO AN ASSO CIA TIO N N o. 379 W illia m street, B uffalo, N. Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorneys................... under Law o f 1851. Commenced business 1878] Names Post-office addresses FREDERICK GRAMLICH................ 596 Clinton Street. CHARLES KLING............................... 37 Laurel Street. CHARLES KLING.............................. 37 Laurel Street. STEIN & BARBER.............................. 410 Brisbane Building. ASSETS Loans on bonds and m ortga ge.............................................................. Contracts for the sale o f real esta te................................................... B eal estate .................................................................................................. Cash on hand and in b a n k ..................................................................... Furniture and fixtu res.............................................................................. Advances fo r taxes, insurance, etc....................................................... $461,122 6 ,2 5 0 2 1 ,8 0 0 25, 632 420 435 43 39 00 54 80 51 $515,661 67 LIABILITIES Due shareholders, d u e s ........................................................................... Due shareholders, dividends cred ited ................................................. Undivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f B anking L a w ) ................ $420, 352 4 2 ,30 8 31 ,00 0 2 2 ,00 0 50 70 00 47 $515,661 67 RECEIPTS Cash on hand J anu ary 1, 1915.............................................................. Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta t e .. . Real estate sold ......................................................................................... $31,147 237,365 51,051 1,0 42 91 50 44 18 R eport on Savings a n d ‘L oan A ssociations 100 Fees r e c e iv e d ........................................ In terest received ................................. B e n t received . . . .*............................... . D ividends retained on w ith draw als Advances r e p a i d ................................... B eal estate c o n t r a c t s .......................... P r o fit on sale o f real esta te ............. Judgm ents ........................................... $1,027 2 7 ,8 8 0 1 ,5 23 1 ,8 29 537 928 257 25 50 54 67 69 59 27 82 00 $354,617 11 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... D ues rep aid on w ithdraw al, o r applied on lo a n s ........................... P a id m atured s h a r e s ................................................................................. D ividends pa id cm w ith draw al, o r applied on lo a n s .................... P a id f o r real esta te................................................................................... P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................. P a id repairs t o m i l e sta te................................................................... P a id taxes, insurance, etc....................................................................... P a id banking departm ent, exam ination ............................................. P a id banking departm ent, assessm ent............................................... Advances fo r taxes, insurance, etc..................................................... B e a l estate c o n t r a c t s ................................................................................. F oreclosure e x p e n s e s ......................................................................... Com m issions on sale o f real esta te...................................................... F u rn itu re and fixtures ............................................................................ Cash on hand Decem ber 31, 1915........................................................ $ 8 0 ,8 1 0 2 0 4 ,9 5 3 2 4 ,5 0 2 1 1 ,05 4 1 ,0 42 3 ,3 4 6 832 818 875 65 36 86 255 208 32 66 25 ,63 2 00 25 04 58 18 00 25 96 24 50 22 01 42 12 50 30 54 $354,617 11 P lan , permanent. P a r valu e o f shares, $130. Instalm ents are 25 cents w eekly .1 Shares in force Janu ary 1, 1915, 18,607; shares issued du rin g th e year, 16,461; shares w ithdraw n during the yea r, 16,497; shares in force, 18,571. B orrow in g members, 217, b oldin g 2,052 shares; non-borrow ing mem bers, 2,783, holding' 16,519 shares. Fem ale shareholders, 1,806, holding 9,472 shares. T o ta l dividends credited members du rin g th e year on instillm ent shares, $19,759.58; rate, 5 per cent. •N o unpaid w ithdraw als. A m oun t o f shares m atured during the year, $24,502.04. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking Law, incurred and paid du rin g th e yeiar, $4,178.25. U npaid, none. N o prem ium plan. In terest paid b y b orrow in g members, 6 per cent. N o prem ium charged. T-nnn* have been made in E rie cou nty, N ew Y ork State. L argest m ortgage loa n outstanding, $4,750. M ortgages in force in New Y ork State, $461,122.43. T w o foreclosures durin g th e year. THE CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION OF HAMBURG N o. 44 M ain street, H am burg, N. Y . [Organized under Law o f 1910. Officers Names President.. Secretary.. Treasurer, A ttorn ey.. Commenced business 19131 Post-office addresses Hamburg, N. Y. CARLTON E. ENO................... Hamburg, N. Y. HENRY R. 8TRATEMBIER.. Hamburg, N. Y. REUBEN P. ENOCHS............. Hamburg, N. Y. ALBERT L. STRATEMEIER. E rie County ASSETS Loans on bond and m o r t g a g e .............................................................. Loans on shares ......................................................................................... Cash on hand and in b a n k ..................................................................... 101 $ 35,700 00 1,373 84 2 ,2 0 8 65 $3®,282 49 L IA B IL IT IE S D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ................................................. B orrow ed money ......................................................................................... U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f B anking L aw ) .................. $31,735 1,839 5 ,5 00 82 125 25 34 00 90 00 $39,282 49 R E CEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to mem bers . . .„..................................................... M oney borrow ed . ..„ ................................................................................... Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Interest r e c e iv e d ..................................... Prem ium received ..................................................................................... D ividends retained on w it h d r a w a ls ................................................... $1,216 19,361 5 ,5 00 2 ,3 2 8 153 1,663 235 35 52 25 00 20 75 62 64 37 $30,494 85 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on loans ........................ D ividends paid on w ithdraw al, or applied on lo a n s ..................... Cash dividends pa id on incom e and accum ulative prepaid shares ......................................................................................................... P aid borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on borrow ed m oney and p r io r m o r t g a g e s .............. P a id salaries and c le r k -h ir e .............................................. P aid advertising, p rin tin g and postage ........................................... P a id rent .....................................................................................................P aid banking departm ent, exam ination .......................................... P a id banking departm ent, assessment ............................................. Cash on hand Decem ber 31, 1 9 1 5 ...................................... . ............... $15,550 3 ,0 22 6 ,8 4 8 213 00 04 75 10 39 2 ,0 0 0 90 187 136 150 45 2 2 ,2 0 8 40 00 86 50 33 60 60 72 65 $30,494 35 Plan, permanent. P a r value o f shares, $125. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 1,213; shares issued du rin g the year, 615; shares w ithdraw n during the year, 143; shares in force, 1,685. B orrow ing members, 29, h oldin g 223 shares; non-borrow ing mem bers, 222, holding 1,462 shares. Fem ale shareholders, 81, holding 286 shares. T ota l dividends credited mem bers du rin g the year on instalm ent shares, $1,372.81; rate 6 per cent. T ota l dividends credited o r p a id in cash to mem bers during th e yea r on oth er shares, $60.94; rate, 4 per cent. N o unpaid w ithdraw als. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking L aw , incurred and pa id du rin g the yea r, $473.83. U npaid, none. Prem ium plan, prem ium -interest. Interest paid b y b orrow in g members, 6 per cent. Prem ium pa id b y b orrow in g members, 4 cents per share per week. Loans have been made in E rie cou n ty, N ew Y ork State. L argest m ortgage loan outstanding, $4,500. M ortgages in force in N ew Y o rk S tate, $35,700. N o foreclosures du rin g the year. 102 R eport on Sayings and L oan A ssociations DEPEW CO-OPEKATIVE SAYINGS AND LOAN ASSOCIATION Depew, N. Y. {Organized under Law of 1894. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1895] Names J. FEED P E T T Y S ... H. A. SHORT............. GUSTAV GRAMLIOH S. JAY OHAKT......... Post-office addresses Depew, Depew, Depew, Depew, N. N. N. N. Y. Y. Y. Y. ASSETS Loans on bond and m ortg a g e................................................................... Cash on hand and in h a n k ..................................................................... A dvances lo r insurance .......................................................................... $ 5 4 ,8 0 0 00 5 ,4 7 7 44 27 00 $00,304 44 L IA B IL IT IE S D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... U ndivided profits ....................................................................................... G uaranty rand (a s per section 392 o f Bankin L a w ) .................... $50,7 3 9 7 ,1 3 8 1,151 1,275 24 35 23 62 $60,304 44 RECEIPTS Cash on hand Janu ary 1, 1 9 1 5 ............................................................ D ues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. Pees received ........................................................................................... Interest received ....................................................................................... A dvances repaid ......................................................................................... $1,191 2 2 ,5 1 5 5 ,9 0 0 4 3 ,2 8 0 31 37 75 00 00 55 25 $32,922 92 DISBURSEMENTS Loaned on m ortgage ................................................................................ D ues repaid on w ith draw al, or applied on lo a n s ........................... D ividends paid on w ithdraw al, o r applied on lo a n s .................... P a id salaries and c le r k - h ir e ................................................................... P a id advertising, p rin tin g and postage ........................................... P a id ren t ...................................................................................................... P a id hanking departm ent, exam in ation ............................................. P a id hanking departm ent, assessment ............................................. Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, etc ............................ Flow ers ......................................................................................................... Cash on hand Decem ber 31, 1915 ........................................................ $ 5 ,8 0 0 1 8 ,99 9 1 ,9 4 9 515 7 77 19 4 40 27 00 59 92 00 00 00 00 97 00 00 6 00 5 ,4 77 44 $32,922 92 P lan, permanent. P a r value o f shares, $100. Instalm ents are 16% cents and 25 cents weekly. Shares in force January 1 , 1915, 2,044; shares issued during the year, 34 0 ; shares w ithdraw n du rin g the je a r , 4 3 8 ; shares in force, 1,946. B orrow ing members, 48, h olding 548 shares; non-borrow ing members, 116, holding 1,398 shares. Fem ale shareholders, 18, holdin g 220 shares. T ota l dividends credited t o members during the year on instalm ent shares, $2,513.29; ra te, 7 per cent. N o unpaid w ithdraw als. Membership fee, 25 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $645. U npaid, none. 103 E rie County Prem ium plan, prem ium -interest. Interest paid b y b orrow in g members, per cent. Prem ium paid by b orrow in g members, 2 per cent. Loans have been made in E rie cou nty, New Y ork State. Largest m ortgage loan outstanding, $2,500. M ortgages in force in N ew Y ork State, $54,800. N o foreclosures d u rin g the year. 6 EAST BUFFALO SAVINGS AND LOAN ASSOCIATION N o. 1156 L ov ejoy street, Buffalo, N . Y . IOrganized under Law of 1910. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 19131 Post-office addresses FREDOLIN THOMA.................. CHARLES A. KLOCKE............. FREDERICK FISHER................ GEORGE L. GROBE.................. 1072 Lovejoy Street. 1156 Lovejoy Street. 20 Day’s Park. 809 Chamber o f Commerce. ASSETS Loans on bond and m o r t g a g e ............................................................... Loans on shares ..................................................................... ................... Cash on hand and in b a n k ..................................................................... $ 7 ,8 3 6 00 250 00 346 93 $ 8 ,5 2 6 93 LIABILITIES D ue shareholders, d u e s .............................................................. ............. D ue shareholders, dividends c r e d it e d ................................................. U ndivided profits ....................................................................................... G uaranty fu n d (a s per section 392 o f Banking L a w ) ................ $ 7 ,86 4 167 464 31 00 20 48 25 $ 8 ,52 6 93 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited t o mem bers ..................................................................... M ortgages redeemed, foreclosed o r transferred t o real e s ta t e .. Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ In terest received ....................................................................................... Dividends retained on w ithdraw als ................................................... $80 73 6 ,8 3 4 50 1 ,8 2 0 00 50 00 61 25 399 75 29 14 $9 ,27 5 37 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, o r applied on loans ......................... D ividends paid on w ithdraw al, or applied on l o a n s .................... P aid advertising, p rin tin g and postage .......................................... P aid banking departm ent, exam ination .......................................... P a id banking departm ent, a s se s s m e n t............................... ............... Cash on hand Decem ber 31, 1915 ........................................................ $3 ,12 0 00 300 00 5 ,3 1 6 50 11171 41 75 37 00 1 48 346 93 $9,275 37 Plan, serial. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 5 0 9 ; shares issued du rin g the year, 376; shares w ithdraw n during the year, 4 1 3 ; shares in foree, 472. B orrow in g members, 9, holding 57 shares; n on-borrow ing members, 95, holding 415 shares. Fem ale shareholders, 32, h oldin g 127 shares. T ota l dividends credited members durin g the year on instalm ent shares, $249.19; rate 2 % per cent. 104 R eport on Savings and L oan A ssociations N o unpaid w ithdraw als. E ntrance fee, 25 eente per share. O perating expenses, as defined in section 390 o f th e B anking L aw , ineurred and paid du rin g the yea r, $41.75. U npaid, none. N o prem ium plan. In terest pa id b y b orrow in g members, 6 p e r eent. N o prem ium charged. Loans have been m ade in E rie cou nty, New Y ork State. Largest m ortgage loan outstanding, $1,950. M ortgages in force in N ew Y ork State, $7,930. N o foreclosures du rin g th e year. EAST SIDE SERIAL SAYINGS AND LOAN ASSOCIATION N o. 344 E ast Genesee street, B uffalo, N . Y . [Organized under Law o f 1892. Officers Names President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1894] Post-office addresses ALEXANDER FRANKE................ JACOB A. STACCH...................... WILLIAM GERBER........................ CHARLES A. H AHL...................... 353 .Sherman Street. 472 Hickory Street. 115 East Genesee Street. Electric Building. ASSETS Loans on bond and m o r t g a g e ............................................................... Loans on shares .......................................................................................... Cash on hand and in bank ................................................................... F u rn itu re and fixtures ............................................................................ $ 4 7 ,5 6 0 0 0 530 00 6 ,4 5 9 80 137 70 $54,6 8 7 50 LIABILITIES D ue shareholders, dues .......... D ue shareholders, dividends credited ............................................... U ndivided profits ....................................................................................... G uaran ty fund (as per section 392 o f Banking L a w ) ------U nearned o r rebatable p r e m iu m ........................................................ $49,2 8 5 3 ,5 2 3 1 ,094 745 37 81 68 62 77 62 $54,687 50 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... D ues credited t o members ...................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Loans on shares repaid .......................................................................... In terest received ........................................................................................ $ 5 ,3 0 3 4 7 ,3 8 8 2 ,8 2 0 1 ,6 19 2 ,6 2 6 42 25 00 00 59 $ 5 9 ,7 5 7 28 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on shares ..................................................................................... D ues repaid on w ithdraw al, o r applied o n loans ......................... D ividends paid on w ithdraw al, or applied on lo a n s .................... P a id salaries and c le r k - h ir e ................................................................... P aid advertising, prin tin g and p o s t a g e ............................................. P a id rent ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, a s s e s s m e n t............................................... C a d i on hand Decem ber 31, 1915 ........................................................ $ 1 0 ,9 2 0 1 ,1 9 6 3 9 ,25 7 991 732 94 83 19 4 6 ,4 5 9 00 00 25 40 00 51 05 00 25 80 $ 59,757 26 105 E rie County P la n , permanent. P a r value o f shares, $130. Instalm ents are 25 cents w eekly. Shares in force J anu ary 1, 1915, 3,505; shares issued d u rin g the year, 8 75; shares w ithdraw n during th e year, 5 0 4 ; shares in force, 3,876. B orrow in g m em bers 33, h oldin g 293 shares; non-borrow ing members, 429, h oldin g 3,583 shares. Fem ale shareholders, 266, holding 1,395 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,519.76; rale, 4 per cent. H o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g the year, $900.56. U npaid, none. Prem ium plan, gross. In terest paid b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, $5 per share. L oan s have been m ade in E rie county, New Y ork State. Largest m ortgage loan outstanding, $4,500. M ortgages in force in N ew Y ork State, $47,560. N o foreclosures d u rin g th e year. THE ELLICOTT PERMANENT SAYINGS AND LOAN ASSOCIATION N o. 17 East Genesee street, B uffalo, N . Y . [Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer.................... Attorney..................... Commenced business 1889] Names PHILIP GOETZMANN................... HENRY F. HOLTZ......................... EDWARD D. RUED............... .. WILLIAM G. KILHOFFEB......... Post-office addresses 17 East Genesee Street. 33 East Eagle Street. German-American Rank. 308 Brisbane Bldg. ASSETS Loans on bond and m o r t g a g e ......................... Stocks and b a d s ................................................. Cash on hand and in b a n k ............................... F u rn itu re and fixtures ...................................... $61,555 00 1,660 0 0 10,155 76 190 00 $ 73,560 76 LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f B anking L a w ) ................ $61,410 7 ,9 9 3 2 ,3 5 7 1 ,8 0 0 31 34 11 00 $73,560 76 RECEIPTS Cash on hand January 1, 1915 ............................................................ Dues credited to members ..................................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta te .. Fees received .............................................................................................. Interest received ....................................................................................... $11,403 53,202 7 ,8 8 0 122 3 ,6 4 2 18 50 00 75 86 $76,251 29 DISBURSEMENTS Loaned on m ortgage .............................................................................. D ues repaid on w ithdraw al, or applied on loans .................... D ividends paid on w ithdraw al, o r applied on l o a n s .................... P a id salaries and clerk-hire ........................................................ ........ P a id advertising, p rin tin g and p o s t a g e ............................................. $ 17,935 46 ,13 3 1,238 572 89 00 41 13 00 90 106 P aid P aid P aid Gash R eport on Savings and L oan A ssociations rent ....................................................................................................... banking departm ent, exam ination ........................................... banking departm ent, a s s e s s m e n t............................................... on hand December 31, 1915 ........................................................ $100 21 5 10,155 00 50 59 78 $76,251 29 Plan, permanent. P ar value o f shares, $130. Instalm ents are 25 cents weekly. Shares in fo rce January 1, 1915, 4,010; shares issued du rin g the year, 4 9 1 ; shares w ithdraw n du rin g the je a r , 2 92; shares in force, 4,209. B orrow in g members, 46, h oldin g 382 shares; n on-borrow ing members, 391, holding 3,827 snares. Fem ale shareholders, 178, h oldin g 1,162 shares. T ota l dividends credited members during the year on instalm ent shares, $2,517.72; rate, 4 % per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $761.90. U npaid, none. N o perm ium plan. Interest by borrow in g members, 6 per cent. No prem ium charged. Loans have been made in E rie cou nty, New Y ork State. L argest m ortgage loan outstanding, $4,500. M ortgages in force in N ew Y o rk State, $61,555. N o foreclosures d u rin g th e year. ERIE SAVINGS AND LOAN ASSOCIATION N o. 39 E rie street, Buffalo, N . Y . [Organized Officers President..................... Secretary.................... Treasurer................... Attorney..................... under Daw o f 1851. Commenced business 1884] Names Post-office addresses WILLIAM A. JOYCE......................... 30 Erie Street. GEORGE REPP................................ 30 Erie Street. W. H. D. BARR................................ 30 Erie Street. JOHN M. HULL................................ Marine Nat. Bank Bldg. ASSETS Loans on bond and m o r t g a g e ......................... L oans on s h a r e s ................................................... C ontracts fo r the sale o f real e s t a t e ........... R eal estate ............................................................ Cash on hand and in b a n k ............................... F u rn itu re and fixtures ...................................... $853,703 2 8 ,7 6 1 4 ,9 6 9 3 4 ,32 2 33 ,92 8 2 ,6 9 3 92 00 35 27 97 00 $958,378 51 LIABILITIES D ue shareholders, dues ............................................................ ............... D ue shareholders, dividends c r e d i t e d ................................................. U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f B anking L a w ) ................ $848,460 73,931 5 ,6 8 5 3 0 ,3 0 0 93 69 89 00 $958,378 51 RECEIPTS Cash on hand J anu ary 1, 1 9 1 5 ............................................................ Dues credited to members ..................................................................... M oney borrow ed ....................................................................................... M ortgages redeemed, foreclosed o r tran sferred t o real e s ta te .. L oan s on shares repaid .......................................................................... R eal estate sold ..................................................................................... .. $ 3 5 ,0 6 9 442,169 5 0 ,0 0 0 1 47,368 9 7 ,32 1 3 3 ,19 4 07 39 00 81 82 30 E rie County Interest received ....................................................................................... R en t received ............................................................................................. D ividends retained on w ithdraw als ..................................................... R eal estate con tracts ........................................................................... A ppraisals .................................................................................................... Rebate on electric lig h t b ill .................................................................. 107 $52,636 3,7 27 2 ,1 6 3 400 320 17 78 00 95 00 00 69 $864,388 81 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on l o a n s ......................... P aid m atured shares .............................................................................. D ividends pa id on w ithdraw al, or applied on l o a n s .................... P aid borrow ed m oney and p rior m ortgages .................................... P aid interest on borrow ed m oney and p rior m o r t g a g e s ........... P aid fo r real e s t a t e .................................................................................. P aid salaries and c le r k -h ir e ........................................ . ........................ P aid advertising, prin tin g and posta ge............................................ P a id rent ...................................................................................................... P aid repairs t o real estate ................................................................... P aid taxes, insurance, etc......................................................................... P aid banking departm ent, exam ination .......................................... P aid banking departm ent, assessment ............................................ Officers’ bonds ........................................................................................... R eal estate con tracts .............................................................................. Loss on sale o f real e s t a t e ..................................................................... A ppraisals .................................................................................................... M ortgage ta x ........................................................................................... B u rglary insurance .................................................................................. L ia b ility insurance .................................................................................. W atchm an .................................................................................................... Telephone .................................................................................................... Furniture and fixtures ............................................................................ R epairing fixtures .................................................................................... M iscellaneous item s .................................................................................. Cash on hand December 31, 1915 ........................................................ $232,339 98 ,01 5 344,239 56,037 6 ,2 08 75,000 1,034 1,978 5 ,0 73 1,314 1,2 00 247 1,970 87 65 84 305 3 ,1 64 660 1,011 64 20 30 61 48 18 179 33,928 45 32 57 50 40 00 17 34 33 61 00 69 48 50 08 00 27 30 00 00 73 00 00 96 50 95 69 97 $864,388 81 Plan, permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force January 1, 1915, 49,758; shares issued during the year, 25,340; shares w ithdraw n during the year, 21,572; shares in force, 53,526. B orrow in g members, 698, holding 27,135 shares; non-borrow ing members, 6,767, holding 26,391 shares. Fem ale shareholders, 3,606. T ota l dividends credited members during the year on instalm ent shares, $25,143.65; rate, 5 % per cent, 't otal dividends credited or paid in cash to members during the year on other shares, $14,216.89; rate, 4 per cent. N o unpaid w ithdraw als. A m ount o f shares matured during th e year, $56,037.50. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $8,369.58. U npaid, none. N o prem ium plan. Interest paid b y b orrow in g members, 6 per cent. N o prem ium charged. Loans have been made in E rie county, New Y ork State. Largest mortgage loan outstanding, $8,000. M ortgages in force in New Y ork State, $833,703.92. N o foreclosure during the year. R eport on Savings and L oan A ssociations 108 FREEHOLD SAYINGS AND LOAN ASSOCIATION N o. 809 M ain street, B u ffalo, N . Y . [Organized under Law of 1851. Officers President..................... Secretary.. . . ............. Treasurer.................. Attorney..................... Commenced business 1891] Names FRANK P. PERSON................... EDWARD J. ZIT T E L ................... CHARLES J. F IX ......................... GODFREY M. FROHE.................. Post-office addresses 390 Elm Street. Main and Seneca Streets. 808 Main Street. 476 Ellicott Square. ASSETS Leans on bond and m o r t g a g e .................... .. L ean s on shares ............................. ...................... Centxaets lo r th e sale o f real estate ______ Cash on hand and in b a n k ............................... Advances fo r taxes, insurance, etc.................. $ 1 4 0,0 9 2 530 2 ,2 0 0 10,337 209 00 00 00 07 41 $ 1 53,429 08 LIABILITIES D o e shareholders, dues ------------------------------------------ -------------------B n e shareholders, dividends, credited — ......................................... U ndivided profits ........................... ........................................................ G uaran ty fund (as per section 392 o f B anking L a w ) ................ Unearned o r rebatable p r e m iu m ........................................................ R ea l estate c o n t r a c t ................................................... .......................... .. $1 2 4,0 2 3 1 7 ,8 9 2 8 ,9 3 3 2 ,2 0 4 105 150 17 60 40 85 00 00 $153,429 08 RECEIPTS Cash on hand J anu ary 1, 1915 . . . . .............. .................................... D o e s credited to m em bers -------------------------------- -------------- --------M on ey borrow ed ............................. ................... ....................................... M ortgages redeemed, foreclosed or tran sferred to real e s ta t e .. L ean s on shares repaid ----------- - — ................................................ R eal estate sold . . . . . . . -------------F in e s received ...................... In te re st received .............. R en t received .............................................................................................. A dvances r e p a i d ......... ................................................................................ B eal estate con tracts .............................................................................. A p p ra isa l fees .............................................................................................. Pfeemdum returned ........................ Paym ents on accou nt o f loss through d e f a lc a t i o n ......................... $ 1 ,2 2 3 100,023 5 ,0 0 0 2 6 ,5 7 5 450 1 ,5 0 0 12 7 ,9 3 5 210 5 150 6 3 100 40 38 00 00 00 00 25 71 15 00 00 00 87 00 $149,800 70 DISBURSEMENTS L oaned on m ortgage .................. .............................................................. Loaned on shares .................................... . . . ........................................... D ues repaid on w ithdraw al, o r applied on l o a n s ........... ............... P h id m atured s h a re s .................................. ............................................. D ividends pa id on w ith draw al, o r app lied on l o a n s .................... P a id b orrow ed m oney and p rior m ortgages .................................... P a id interest on borrow ed m oney and p rior 'mortgages ........... P a id salaries and c le r k -h ir e .......................................... P a id advertising, p rin tin g and postage ........................................... P a id rent ......................................................................................... P a id taxes, insurance, etc....................................................................... P a id banking departm ent, e x a m in a t io n ........................................... P a id banking departm ent, assessment ............................................. $28,985 0 0 725 0 0 9 3 ,8 2 4 48 1 ,0 4 0 00 2 ,3 5 9 59 1 0 , 0 0 0 00 104 48 1 ,3 8 2 00 39 51 300 00 42 2 1 28 50 1 1 24 109 E rie County Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ................................. A pp raisals .................................................................................................... Com m ission on sale o f real estate ...................................................... Com m ission fo r collectin g rents .......................................................... E xam ining com m ittee .............................................................................. Prem ium repaid ....................................................................................... B u rgla ry and fire insurance ................................................................. L igh tin g, heating, etc................................................................................ Telephone ..................................................................................................... Cash on hand December 31, 1915 ........................................................ $42 7 104 37 6 42 80 24 173 42 10,337 50 50 20 50 30 00 79 49 80 00 67 $149,800 76 P lan , permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 8,428; shares issued du rin g the year, 1,675; shares w ithdraw n du rin g the year, 84 7 ; shares in foree, 9,256. B orrow in g members, 30, holdin g 344 shares; non-borrow ing members, 949, holding 8,912 shares. Fem ale shareholders, 612, holdin g 3,125 shares. T ota l dividends credited members during the year on instalm ent shares, $5,565.04; rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured durin g the year, $1,040. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid du rin g th e year, $2,188.30., Unpaid, none. Prem ium plan, gross. Interest pa id b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, $10 per share. L oan s have been made in E rie cou nty, New Y ork State. Largest m ortgage loan outstanding, $10,500. M ortgages in force in New Y ork State, $140,092. N o foreclosures du rin g the year. GENESEE STREET SAYINGS AND LOAN ASSOCIATION N o. 1535 Genesee street, Buffalo, N . Y . [Organized under Law o f 1914. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1914J Names JOSEPH A. HELMER.................. OTTO R. GERILACH.................... GEORGE W. SCHMITT............. J. A. W EISS............. ..................... Post-office addresses 200 Madison Street. 97 Bissell Avenue. 338 Emslle Street. 600 Mutual Life Building. ASSETS L oan s on bond and m ortgage ............................................................... Cash on hand and in b a n k ............................................................ .. $3 ,25 0 0 0 2 ,6 53 69 $5,903 69 LIABILITIES Due shareholders, dues ............................................................................ D ue shareholders, dividends c r e d i t e d ................................................. U ndivided profits ..................................................................................... G uaranty fund (as per section 392 o f B anking L a w ) ................ Unearned o r rebatable prem ium .......................................................... $5,757 97 18 4 25 $5,903 75 25 76 33 6A 110 R eport on Savings and L oan A ssociations r e c e ip t s Cash on hand Janu ary 1,1 9 1 S .............................................................. Dues credited t o members ..................................................................... Fees r e c e iv e d ................................................................................................ F ines received ........................................................................................... Interest received ....................................................................................... P rem ium received ..................................................................................... $756 9 ,8 7 2 106 18 106 25 00 75 25 67 86 60 $10,8 8 6 13 DISBURSEMENTS Loaned on m ortgage ...................... D ues repaid on w ith draw al, or applied on l o a n s ......................... D ividends paid on w ithdraw al, o r applied on l o a n s .................... P a id advertising, prin tin g and postage .......................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s s e s s m e n t............................................... Officers’ bonds .............................................................................................. In corpora tion expenses .......................................................................... Cash short .................................................................................................. Sundry supplies ................................. Cash on hand Decem ber 31, 1915 ........................................................ $ 3 ,2 5 0 4 ,8 7 3 4 18 .7 1 4 57 4 12 2 ,6 5 3 00 25 39 22 50 05 00 00 32 71 69 $10,886 13 Plan, permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force J anu ary 1, 1915, 4 3 0 ; shares issued du rin g the year, 7 7 3 ; shares w ithdraw n du rin g the year, 2 3 4 ; shares in force, 969. B orrow in g members, 3, h oldin g 25 shares; n on-borrow ing members, 178, holdin g 944 shares. Fem ale shareholders, 71, h oldin g 273 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $101.64; rate, 4 per cent. N o unpaid w ithdraw als. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $34.93. Unpaid, none. Prem iu m plan, gross. In terest paid b y borrow in g members, 6 per cent. Prem iu m paid b y b orrow in g members, 1 per cent. Loans have been m ade in E rie cou nty, fle w Y o rk State. L argest m ortgage loan outstanding, $1,560. M ortgages in force in New Y ork State, $3,250. N o foreclosures durin g the year. THE GERMAN CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 568 East Genesee street, Buffalo, N. Y . [Organized under Law o f 1894. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1898] Names MICHAEL KUNTZ. ARNOLD L. BATON.. DANIEL JUNG.......... L. P. HANCOCK........... Post-office addresses 295 Grey Street. M. & T. National Bank. 568 E. Genesee Street. Mutual l i f e Ins. Bldg. ASSETS Loans on bond and m ortga ge................................................................. Loans on shares ......................................................................................... C on tracts fo r the sale o f real esta te................................................... $25,140 00 6 3 5 00 1 ,4 00 0 0 E rie County R eal e s t a t e .................................................................................................... Cash on hand and in b a n k .......................................................... ............ Fu rn itu re and fixtures ............................................................................ 111 $2,281 85 1 ,5 79 92 154 50 $31,191 27 LIABILITIES D ue shareholders, d u e s ............................................................................ Due shareholders, dividends cred ited ................................................... Undivided profits ....................................................................................... G uaranty fund {a s per section 392 o f Banking l a w ) .................. $ 27,238 2 ,4 9 2 860 600 34 57 36 00 $31,191 27 RECEIPTS Cash on hand Janu ary 1, 1915................................................................. Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Loans on shares re p a id .............................................................................. R eal estate sold ......................................................................................... Fees received -................................................................................................ In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................... Taxes repaid ................................................................................................ $ 2 ,40 5 2 7,313 750 7 ,6 1 0 480 100 32 1,833 105 12 02 45 00 00 00 00 60 27 27 04 $40,641 65 DISBURSEMENTS Loaned on m o rtg a g e.................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. D ividends paid on w ithdraw al, or applied on lo a n s ...................... P aid borrow ed m oney and p rior m ortga ges...................................... P aid interest on borrowed money and p rior m ortga ges................ P aid fo r real e s t a t e .................................................................................. P aid salaries and clerk -h ire................................................................... P aid advertising, printing and posta ge............................................. Paid rent ...................................................................................................... Paid repairs to real esta te..................................................................... Paid taxes, insurance, e t c ....................................................................... P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessment ............................................... Officers’ bonds ............................................................................................. F oreclosure expenses ................................................................................ Loss on m ortga ge....................................................................................... Interest refunded ............................................................................... Insurance on office fu rn itu re................................................................. Sundries ......................................................... Cash on hand December 31, 1915.......................................................... $3,930 540 28,017 1,094 750 7 3 ,2 0 0 717 25 78 30 12 19 3 4 493 114 8 6 9 1,579 00 00 83 71 00 56 00 58 00 00 73 10 (JO 28 00 66 23 25 35 45 92 $40,641 65 Plan, permanent. P ar value o f shares, $50 and $130. Instalm ents are 10 cents and 25 cents weekly. Shares in force Janu ary 1 , 1915, 2,556; shares issued du rin g the year, 607; shares w ithdraw n during the year, 7 7 1 ; shares in force, 2,392. B orrow ing members, 21, holding 192 shares; non-borrow ing members, 451, holding 2,200 shares. Fem ale shareholders, 206, holding 921 shares. T ota l dividends 112 R eport on Savings and L oan A ssociations credited m em bers du rin g the year on instalm ent shares, $944.50; rate, 4 j>er cent. N o u n paid w ithdraw als. M em bership fee, 10 cen ts and 25 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $840.38. U npaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g members, 6 per cent. Prem ium paid b y b or row in g members, 1 per cent. Loans have been made in E rie county, N ew Y ork State. Largest m ortgage loa n outstanding, $2,600. M ortgages in force in N ew Y ork State, $25,140. T w o foreclosures d u rin g the year. GOODELL PERMANENT LOAN ASSOCIATION N o. 109 G oodell street, B uffalo, N . Y . [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1888] Names Post-office addresses J. HENRY WALLENHORST.................. 82 Goodell Street. JOHN R. SCHWEIGERT........................ M Holland Street. WILLIAM C. GERLACH........................ 207 Goodell Street. CHARLES J. DBCKOP............................ 328 Brisbane Bldg. ASSETS L oan s on bond and m ortg a g e ................................................................ C on tracts fo r th e sale o f real esta te.................................................... Cash o n hand and in b a n k ..................................................................... F u rn itu re and fixtures ............................................................................ Interest, premium, fees and fines due and unpaid.................. $ 7 1 ,7 3 0 00 575 0 0 1 0,174 30 379 33 $61 15 $ 8 2 ,8 5 8 63 LIABILITIES D ue sharebolders, dues ............................................................................ D ue shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaran ty fund (as per section 392 o f B anking L a w ) ................ Unearned o r rebatable prem iu m ........................................................ .... $ 7 0 ,6 5 9 8 ,9 8 4 583 1,891 740 75 57 26 05 00 $ 8 2 ,8 5 8 63 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... D ues credited to m em bers............................................ M ortgages redeemed, foreclosed o r transferred t o real e s ta te .. R eal estate sold .................................................................................... Fees received ................................................................................................ In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................................................................... R en t received .............................................................................................. R e a l estate con tract .................................. $ 8 ,4 9 8 3 6 ,1 0 8 8 ,9 3 0 2 ,3 5 0 110 4 ,4 8 4 210 72 25 50 50 00 00 25 04 00 00 00 $60,7 8 8 29 DISBURSEMENTS Loaned on m ortgage ................................................................................ D ues repaid o n w ith draw al, o r applied on lo a n s .................... ........ D ividends paid on w ith draw al, o r applied o n lo a n s ................... P a id f o r T eal e s t a t e ......... ......................................................................... P a id salaries and clerk -h ire................................................................... $ 1 3 ,7 4 0 00 3 0 ,8 7 9 0 0 2 ,1 7 0 83 1,599 00 7 4 7 00 113 E rie County P a id advertising, p rin tin g and p osta ge............................................... $19 45 Paid, ta xes, insurance, e te ................................................................... - P a id banking departm ent, exam in ation ............................................... P a id banking departm ent, assessm ent................................................. Officers’ bonds ............................................................................................ B ea l estate con tracts ................................................................................. L itiga tion expenses ................................................................................... Prem ium rebated ....................................................................................... Fees refunded .............................................................................................. Com m ission on sale o f real esta te ........................................................ S e a r c h ............................................................................................................... L egal expenses ........................................................................................... L oan com m ittee ........ (Mice repairs ................................................................................................ F u r n it u r e .............. ......................................................................................... Jan itor . . .................................................................................................... W ater and gas ........................................................................................... M is ce lla n e o u s ........................................................ '....................................... Cash on hand December 31, 1915.................................... ..................... 98 19 6 12 600 258 64 2 100 5 11 18 33 6 18 16 3 10,174 29 00 40 00 00 95 00 00 00 00 15 00 42 25 44 11 70 30 $60,788 29 P lan , permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force January 1, 1913, 3,007; shares issued du rin g th e yea r, 441; shares w ithdraw n during the year, 5 6 3 ; shares in force, 2,885. B orrow ing m em bers, 36, h oldin g 288 shares; non-borrow ing members, 396, holding 2,597 shares. Fem ale shareholders, 265, holdin g 1,573 shares. T ota l dividends credited m em bers du rin g the yea r on instalm ent shares, $3^90.04, rate, 4 per eent. to 5 per cent. N o unpaid w ithdraw als. Entrance fee, 25 cants per share. O perating expenses, as defined in section 390 o f th e Banking Law , incurred and paid durin g the year, $1,084.12. U npaid, none. Prem ium plan, gross. In terest paid b y b orrow in g members, 6 per cent. Prem ium paid by borrow ing members, $5 per sh a re Loans have been made in E rie cou n ty, New Y ork S t a te Largest m ortgage loan outstanding, $4,600. M ortgages in foree in New Y o rk State, $71,370. One foreclosure du rin g the year. HAMBURGH SAVINGS AND LOAN ASSOCIATION M ain street, H am burg, N. Y . [Organized under Law o f 1851. Commenced business 18901 Officers President..................... Secretary..................... Treasurer................... Attorney..................... Names NEWTON C. F IS H ............................ GEORGE J. BBENDEL.................... OTHO CHURCHILL ..................... FRANK C. BRENDEL...................... Post-office addresses Hamburg, N. Y. Hamburg, N. Y. Hamburg, N. Y. 527 Brisbane Building, Buffalo, N. ¥. ASSETS Loans on bond and m ortga ge................................................................. Loans on s h a r e s ......................................................................................... Contracts for the sale o f real esta te................................................... Cash on hand and in b a n k ....................................................................... $64,181 24 2 ,949 00 1,070 4 3 6 ,7 0 8 17 $ 74,908 84 114 R eport on S avings and L oan A ssociations LIABILITIES D ues shareholders, d u es............................................................................ D ue shareholders, m atured shares........................................................ D ue shareholders, dividends credited ................................................. U n divided p r o f i t s ...................................... ................................................ G uaran ty fu n d (a s per section 392 o f B anking L a w ) .................. U nearned o r rebatable prem iu m ............................................................ $62,729 75 51100 8 ,9 3 2 35 480 8 6 1,4 59 87 786 01 $74,9 0 8 84 RECEIPTS Cash on hand Ja n u a ry 1, 1915................................... Dues credited t o members ................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. L oans on shares repaid .......................................................................... Fees received ................................................................................................ Fines received .............................................................................................. In terest received ....................................................................................... Prem iu m r e c e iv e d ............................... R eal estate con tra ct ................................................................................ P r o fit on sale o f real esta te................................................................... $ 3 ,95 0 84 2 6 ,87 3 00 12,003 36 1 ,001 00 16 0 0 186 51 4 ,0 7 5 65 270 00 38 00 230 89 $48,741 25 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ........................................................ '.............................. D ues repaid on w ithdraw al, o r applied on lo a n s ............................. P a id m atured shares................................................................................... D ividends pa id on w ithdraw al, o r applied on lo a n s ....................... Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exa m in a tion ........................................... P a id banking departm ent, assessm ent............................................... A ttorn ey’s fees ............................................................................................ In ciden tals .................................................................................................... Cash on hand December 31, 1915........................................................ $20,851 1,345 7 ,8 9 7 10,185 916 17 00 90 70 95 149 50 300 00 3125 85 00 22 00 5 47 236 89 6 25 6 ,7 0 8 17 $48,741 25 P lan , serial. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 1,472; shares issued durin g th e year, 41 8 ; shares w ithdraw n du rin g the year, 5 4 8 ; shares in force, 1,342. B orrow in g -members, 22, holdin g 217 shares; non-borrow ing members, 167, h oldin g 1,125 shares. Fem ale shareholders, 76, holding 428 shares. T ota l dividends credited members during th e year on instalm ent shares, $3,860.85; rate, 5,46 per cent. T o ta l dividends credited o r paid in cash t o members du rin g the yea r on other shares, $149.50; rate, 4 % per cent. N o unpaid w ithdraw als. A m ount o f shares matured during the year, $6,666.70. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f th e B anking Law , incurred and paid du rin g the year, $422.50. U npaid, none. Prem ium plan, gross. In terest paid b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, $5 per share. Loans have been made in E rie cou nty, N ew Y ork State. Largest m ortgage loan outstanding, $6,000. M ortgages in force in New Y ork State, $64,181.24. •One foreclosure during th e year. E rie County 115 HERCULES PERMANENT SAYINGS AND LOAN ASSOCIATION N o. 217 Cherry street, B uffalo, N, Y . [Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1885] Names ALIOS IIEGER.......................... WILLIAM C. CRAMER......... GEORGE SPINDLER............. JACOB STEIN.......................... Post-office addresses 76 Rose Street. 24 Loeust Street. 242 Cherry Street. Mooney and Brisbane Bidg. ASSETS Loans on bond and m ortga ge................................................................. Cash on hand and In b a n k ..................................................................... Furniture and fixtures ............................................................................ $ 2 ,4 7 0 00 689 47 50 00 $3 ,20 9 47 LIABILITIES D ue shareholders, du es............................................................................ Due shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) ................ $ 2 ,95 5 50 129 50 1 00 123 47 $ 3 ,20 9 47 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited to members ..................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Fees received .............................................................................................. Interest received ....................................................................................... $1,355 6 ,0 4 8 130 47 163 83 00 00 22 45 $7 ,74 4 50 DISBURSEMENTS Dues repaid on w ithdraw al, or applied on lo a n s........................... D ividends paid on w ithdraw al, or applied on lo a n s ...................... P a id salaries and clerk -h ire................................................................... P aid advertising, prin tin g and p osta ge............................................. P aid banking departm ent, exa m in a tion ............................................ P aid banking departm ent, assessm ent............................................... Cash on hand Decem ber 31, 1915........................................................ $6,811 78 140 9 14 25 26 45 29 50 1 28 689 47 $7 ,74 4 50 Plan, permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 6 9 6 ; shares issued during the year, 360; shares w ithdraw n du rin g the year, 6 1 1 ; shares in force, 445. B orrow ing members, 3, h oldin g 25 shares; n on-borrow ing members, 54, holding 420 shares. Fem ale shareholders, 18, holding 122 shares. T ota l dividends credited members durin g th e year on instalm ent shares. $41.72; rate, 3 % per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. Operating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $149.74. Unpaid, none. Prem ium plan, gross. Interest paid by borrow ing members, 6 per cent. N o premium charged. Loans have been made in E rie county, New Y ork State. L argest m ortgage loan outstanding, $1,040. M ortgages in force in New Y ork State, $2,470. No foreclosures du rin g the year. 116 R eport on Savings and L oan A ssociations HOMESTEAD SAVINGS AND DOAN ASSOCIATION N o . 380 P ea rl street, B uffalo, N . Y . [Organized under Law .of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1884] Names GEORGE TROUP............. CHARLES H. RODGERS CHARLES E. M OREY.. ERED GREINER............. Post-office addresses Holland, N. Y. Buffalo, N. Y. Buffalo, N. Y. Buffalo, N. Y. ASSETS L oan s on bond and m ortg a g e................................................................. L oan s on shares ..................................................................................... .. R ea l estate ................................................................................................... Cash on hand and in b a n k ........................................................................ F urn itu re and fixtu res.................. ............................................................ $ 8 2 3,0 8 0 40 ,20 7 2 7 ,0 0 0 6 1 ,663 1 ,050 00 00 00 04 00 $ 9 53,090 04 LIABILITIES D ue shareholders, d u es................................... ......................................... B alance t o be paid borrow ers on m ortgage lo a n s ........................... U ndivided profits ....................................................................................... G uaran ty fund (a s per section 392 o f B anking L a w ) .................... Unearned o r rebatable prem iu m ............................................................. C ontingent dividends ................................................................................. Incom e shares, dividends ..................................................... In divid u al accounts ................................................ Suspense accou nt ....................................................................................... $859,916 1 5 ,4 5 0 11 ,44 2 4 4 ,5 0 0 10,721 10,324 516 115 102 71 00 25 00 92 65 00 81 70 $9 5 3,0 9 0 04 RECEIPTS Cash on hand Janu ary 1, 1915................................................... D ues credited t o m em bers........................................................................ M ortgages redeemed, foreclosed o r tran sferred t o real e s t a t e .. Loans on shares r e p a i d ................................... Fees received ................................................................................................ In terest r e c e iv e d .......................................................................................... Prem ium received ..................................................................................., R en t received .............................................................................................. In divid u a l accounts ............................................................ Suspense account ....................................................................................... E x p e n s e s ......................................................................................................... $11,817 65 3 2 5 ,3 6 0 90 9 1 ,3 0 5 00 176,8 9 0 0 0 1 ,1 4 6 40 4 7 ,8 9 5 92 2 ,0 1 6 00 360 00 1 ,0 0 5 75 •181 49 13 21 $657,972 32 DISBURSEMENTS Loaned on m ortgage ............................................................................... Loaned on shares ........................................................................................ D im and dividends repaid on w ithdraw al, o r applied on loa n s. P a id m atured shares .............................................................................. Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id salaries and elerk-hire...................................................................... P a id advertising, p rin tin g and p osta ge........................................... P a id r e n t ....................................................................................................... P a id repairs t o real esta te........................................................................ P a id taxes, insurance, e t c ........................................................................ P a id banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... $ 9 1 ,9 0 0 168,670 187,622 125,728 1 ,4 5 3 4 ,4 2 4 520 425 870 00 00 03 71 00 00 11 00 53 4 3 9 76 ? 9 50 64 46 E rie County 117 In divid u a l accou nts .................................................................................. Suspense accou nt ....................................................................................... C on tin gent d iv id e n d s ................................................................................ P r o fit and loss, m ortga ge lo a n s............................................................ M ortga ge taxes ............................................................................................ Prem ium s rebated ..................................................................................... Fees rebated ................................................................................................ In terest rebated ......................................................................................... Sundry expenses ......................................................................................... Cash on hand December 31, 1915..................................,....................... $1, 161 184 9 ,5 2 3 1,041 322 474 21 57 91 50 70 00 25 00 42 42 1 ,340 23 61 ,66 3 04 $657,972 32 P lan, permanent. P a r value o f shares, $50 and $100. Instalm ents are cents and 2 0 cents weekly. Shares in fo rce Janu ary 1, 1915, 4 0 ,3 5 0 % ; shares issued du rin g the year, 8 ,1 1 9 % ; shares w ithdraw n du rin g the year, 8,938; shares in force, 39,532. B orrow in g members, 353, holdin g 6,821 shares; non-borrow ing m em bers, 2,685, holding 32,711 shares. Fem ale shareholders, 1,645, h oldin g 21,769 shares. T o ta l dividends credited members du rin g the year on instalm ent shares, $38,279.15; rate, 4 per cent. T ota l dividends credited o r paid in cash to members du rin g the year on other shares, $1,356; rate, 4 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $135,252.21. E ntrance fee, 20 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid durin g th e year, $6,696.13. U npaid, none. Prem ium plan, gross. Interest paid b y b orrow in g mem bers, 5 per cent, and 6 per cent. Prem ium paid b y b orrow in g mem bers, $4 p er $100 share. Loans have been made in E rie and Genesee counties, N ew Y ork State. Largest m ortgage loan outstanding, $18,400. M ortgages in force in New Y ork State, $823,080. N o foreclosures durin g the year. 10 HYDRAULIC MUTUAL SAYINGS AND LOAN ASSOCIATION N o. 780 Seneca street, B uffalo, N . Y. [Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1881] Names EDWARD A ST ...................................... JULIEN A. RIESTEK...................... EUGENE J. RIESTER...................... HENRY J. ROSCHE........................... Post-office addresses 210 Baltz Avenue. 230 East Ferry Street. 588 Llnwood Avenue. 287 East North Street. ASSETS L oans on bond and m ortg a g e................................................................. R eal estate .................................................................................................. Cash on hand and in b a n k ...................................... •............................. F u rn itu re and fixtures ............................................................................ $69,842 00 4 ,4 3 5 41 15,682 06 75 0 0 $ 90,034 47 LIABILITIES Due shareholders, dues .......................................................... ' ................ U ndivided profits ....................................................................................... G uaranty fun d (as per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem iu m ............................................................ $76,045 5 ,6 8 6 5 ,0 0 0 3 ,3 03 00 38 00 09 $90,034 47 118 R epoet on Savings and L oan A ssociations r e c e ip t s Cash on hand Ja n u a ry 1 , 1915............................................................... D ues credited t o m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta t e .. B eal estate sold .......................................................................................... Fees received ................................................................................................ Fines received .............................................................................................. In terest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... B en t r e c e iv e d ................................... •Clerical error .............................................................................................. $ 6 ,4 9 4 30 ,67 8 2 9 ,18 5 5 ,6 1 4 253 135 4 ,2 1 8 950 1 ,029 73 75 75 95 75 53 73 00 15 25 $78,561 59 DISBURSEMENTS Loaned on m ortgage ................................................................................ D ues repaid on w ithdraw al, or applied on lo a n s ........................... P a id m atured shares ................................................................................. P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................. P a id ren t ....................................................................................................... P a id repairs to real esta te ..................................................................... P a id taxes, insurance, e t c ....................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. Prem ium s rebated ..................................................................................... In terest rebated ............................. ............................................................ L oss on sale o f real esta te..................................................................... Com m ission on sale o f real esta te....................................................... Com m ission fo r collectin g r e n t..................................... S e a r c h e s .......................................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $22,8 5 0 2 7 ,3 9 4 9 ,2 3 9 736 44 104 508 393 21 7 20 868 504 27 102 56 15,682 00 49 17 70 43 00 22 23 50 57 00 36 50 95 50 91 00 06 $78,561 59 P lan , permanent. P a r value o f shares, $100. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 2,531; shares issued during th e year, 1,015; shares w ithdraw n du rin g the year, 1,246; shares in force, 2,300. B orrow ing mem bers, 39, h oldin g 365 shares; non-borrow ing members, 379, h oldin g 1,935 shares. Fem ale shareholders, 202, h oldin g 834 shares. T ota l dividends credited members during th e year on instalm ent shares, $3,413.97 rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $9,239.17. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $1,008.04. U npaid, none. Prem ium plan, gross. In terest paid b y b orrrow in g mem bers, 1 2% eents per share w eekly. Prem ium paid by borrow in g members, $ 1 0 per share. Loans have been made in E rie county, New Y o rk State. L argest m ortgage loan outstanding, $4,500. M ortgages in force in New Y ork State, $69,842. N o foreclosures during the year. 119 E rie County INDUSTRY PERMANENT DIME SAVINGS AND LOAN ASSOCIATION N o. 173 Peckham street, B uffalo, N. Y . [Organized under Law of 1861. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1891] Names Post-office addresses CHARLES B. TH IE SF E LD .. 147 Peckham Street. P. J. P. ROSENKRANZ........... 18 Sweeney Street. FRED W EISS............................ SO Herman Street. THEODORE STEEG............... Genesee St. and Fillmore Ave. ASSETS Loans on bond and m ortg a g e......................... Cash on hand and in b a n k ............................... $22,000 00 10,187 23 $32,187 23 LIABILITIES Due shareholders, dues ............................... D ue shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) .................... Unearned o r rebatable prem iu m .......................................................... $25,729 3 ,1 08 789 1,360 1 ,2 0 0 14 01 13 95 00 $32,187 23 RECEIPTS Cash on hand J anu ary 1 , 1915.............................................................. Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or tran sferred to real esta te. . Pees received .............................................................................................. Interest received ....................................................................................... $ 8,278 13,640 400 84 1,475 03 67 00 45 95 $23,8 7 9 10 DISBURSEMENTS Dues repaid on w ithdraw al, or applied on lo a n s ........................... D ividends paid on w ithdraw al, or applied on lo a n s ...................... P aid salaries and elerk-hire................................................................. P aid rent ....................................................................................................... P aid banking departm ent, exa m in a tion ............................................... P aid banking departm ent, assessm ent............................................... S t a tio n e r y ....................................................................................................... Cash on hand December 31, 1915.......................................................... $12,320 73 902 22 437 25 10 00 1800 317 50 10,187 23 $ 2 3 ,8 7 9 10 Plan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force Janu ary 1, 1915, 2 ,3 84 ; shares issued during the year, 2,003; shares w ithdraw n during the year, 2,178; shares in force, 2,209. B or row in g members, 8 , holding 214 shares; non-borrow ing members, 181, holding 1,995 shares. Fem ale shareholders, 55, h oldin g 410 shares. T ota l dividends credited members durin g the year on instalm ent shares, $1,200.25; rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year $447.75. Unpaid, none. Prem ium plan, gross. Interest paid b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 10 per eent. Loans have been made in E rie county, N ew Y ork State. L argest m ortgage loan outstanding, $5,400. M ortgages in force in New Y ork State, $22,000. N o foreclosures du rin g the year. 120 R epoet on Savings and L oan A ssociations IM SH-AM EHICAlf SAVINGS AHD LOAN ASSOCIATION N o. 138 P ea rl street, B uffalo, N . Y . [Organized radar Law of 1851. Officers President..................... S e creta ry.................. Treasurer.................... Attorney..................... Commenced business 1884] Names WILLIAM 3. FORSYTH JOSEPH W. DOOLEY. JAMES HANRAHAN.. GEO. J. COCH RANE... Post-office addresses Buffalo. H. Y. Buffalo*. N. Y. Buffalo. N. Y. Buffalo, N. Y. ASSETS L oan s on bond and m o r t g a g e ............................................................... ^ , 1 0 8 , 0 1 9 L oans on shares .......................................................................................... 7 6 ,0 1 ? Cash on hand and in b a n k ..................................................................... 1 46,760 A dvances lo r taxes, insurance, e t c ...................................................... 191 55 00 31 71 $ 2 ,3 3 2 ,7 8 8 57 LIABILITIES D ue shareholders, dues ............................................................................ $ 2 ,0 1 6 ,2 2 5 D u e shareholders, dividends c r e d i t e d ................................................. 185,873 U ndivided profits ....................................................................................... 19,690 G uaran ty fun d (as per section 392 o f B anking L a w ) .................. 110,000 U nearned o r rebatable p r e m iu m .......................................................... 1 ,0 0 0 39 15 03 00 00 $ 2 ,3 3 2 ,7 8 8 57 RECEIPTS Cash on hand J anu ary 1 , 1 9 1 5 ............................................................. D o e s credited t o members ...................................................................... M ortgages redeemed, foreclosed o r tran sferred to real estate . . Loans on shares r e p a i d .................................... ........................................ Fees r e c e iv e d ................................................................................................ F ines received ............................................................................................ In terest received ......................... .............................................................. D ividends retained on w it h d r a w a ls .................................................... A dvances repaid .......................................................................................... $158,632 8 59,806 247,667 6 0 ,20 4 3,501 453 124,247 6 ,7 3 4 177 52 54 39 25 50 33 08 81 00 $ 1 ,4 6 1 ,4 8 4 42 DISBURSEMENTS L oan ed on m ortgage ................................................................................. Loaned on s h a r e s ....................................................................................... D ues repaid on w ithdraw al, o r applied on l o a n s ......................... P a id m atured shares ................................................................................. D ividends p a id on w ith draw al, o r applied on l o a n s .................... P a id salaries and c le r k -h ir e ................................................................... P a id advertising, prin tin g and p o s t a g e ............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exam ination ........................................... P a id bank in g departm ent, a s s e s s m e n t............................................... A dvances fo r taxes, insurance, etc......................................................... A pp ra isa ls ..................................................................................................... A u d itin g ....................................................................................................... In divid u a l accounts ................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $480,295 72 ,14 4 4 43,756 271,175 31 ,56 9 8 ,8 71 1 ,3 99 2 ,4 0 0 182 149 249 1 ,9 8 8 30 512 146,760 00 75 97 50 55 96 02 00 00 79 47 00 00 10 31 $ 1 ,4 6 1 ,4 8 4 42 E rie County 121 Plan, serial. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 60,558; shares issued during th e year, 13,128; shares w ithdraw n during the year, 7,876; shares in force, 65,810. B orrow in g members, 800, holding 9,183 shares; non-borrow ing members, 6,996, h oldin g 56,627 shares. Fem ale shareholders, 3,808, h oldin g 32,905 shares. T o ta l dividends credited mem bers du rin g the yea r on instalm ent shares, $89,402.05; rate, 4 per cent., 5 per cent, and 6 per cent. T o ta l dividends credited or pa id in cash t o members du rin g the year on other shares, $12,734.80; rate, 4 per cent. N o unpaid w ithdraw als. A m ou n t o f shares m atured du rin g the year, $271,175.50. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $15,201.08. U npaid, none. Prem ium plan, gross. In terest p a id b y b orrow in g mem bers, 6 per cent. N o prem ium charged. Loans have been m ade in E rie eounty, N ew Y ork State. L argest m ortgage loan outstanding, $20,700. M ortgages in force in New Y ork State, $2,108,919.55. Tw o foreclosures during the year. ITALIAN-AMERICAN SAVINGS AND LOAN ASSOCIATION N o. 228 C ou rt street, Buffalo, N. Y . [Organized under Law o f 1914. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1915] Karnes CARMELO G U G IN O .............................. MICHELE CABONI ............................... MICHELE CABONI ............................... HORACE O. LANKA.............................. Post-office addresses 228 228 228 923 Court Street. Court Street. Court Street. White Building. ASSETS Loans on bond and m o r t g a g e ................................................................. Cash on hand and in b a n k ..................................................................... $ 10,800 0 0 4 ,3 8 5 00 $15,1 8 5 00 LIABILITIES Due shareholders, dues ............................................................................ Undivided profits ....................................................................................... $14,941 25 243 75 $15,1 8 5 00 RECEIPTS Dues credited to mem bers ..................................................................... Fees received ................................................................................................ Interest received ......................................................................................... $19,285 67 16 25 228 00 $19,529 92 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, or applied on l o a n s ......................... P rotest fee .................................................................................................... Cash on hand Decem ber 31, 1915 ........................................................ $ 10,800 00 4 , 3 4 4 42 50 4 ,3 8 5 0 0 $19,529 92 Plan, perm anent. P a r value o f shares, $130. Instalm ents a re 25 cents weekly. Shares in force Janu ary 1 , 1915, n on e; shares issued d u rin g th e year, 5 9 1 ; shares w ithdraw n du rin g the year, 6 0 ; shares in force, 531. B orrow ing 122 R epoet on Savings and L oan A ssociations members, 3, h oldin g 6 8 shares; n on-borrow ing members, 38, holding 468 shares. Fem ale shareholders, 4, holding 12 shares. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g th e year, 50 cents. U npaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g members, 6 per cent. N o prem ium charged. Loans have been made in E rie cou nty, New Y ork State. L argest m ortgage loan outstanding, $4,300. M ortgages in force in New Y ork State, $10,800. N o foreclosures during the year. JEFFERSON SAVINGS AND LOAN ASSOCIATION N o. 1271 Jefferson street, Buffalo, N . Y . [Organized under Law o f 1914. Officers President.................... Secretary..................... Treasurer................... A t t o r n e y . . . . ............ Commenced business 1915] Names Post-office addresses WILLIAM G. BISHOP........... E. O. HEBERLEIN................. GEORGE SCHAAF................. FREDERICK G. BAG L E Y ... 1294 Jefferson Street. 230 Landon Street. 97T Humboldt Parkway. 810 Chamber o f Commerce Building. ASSETS L oan s on bond and m o r t g a g e ................................................................. Cash on hand and in b a n k ..................................................................... $11,0 0 0 00 1,265 43 $12,265 43 L IA B IL IT IE S D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... Balance to be paid borrow ers on m ortgage lo a n s ......................... U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ $10,653 50 1 ,5 00 57 3 75 65 00 98 05 $ 12,265 43 R E C E IPTS D ues credited to members ..................................................................... Fees received .............................................................................................. In terest received ....................................................................................... $ 1 2 ,1 6 4 00 118 25 104 23 $12,3 8 6 48 DISBURSEMENTS Loaned on m ortgage ................................................................................. D ues repaid on w ithdraw al, or applied on loans ......................... P a id rent ....................................................................................................... Cash on hand Decem ber 31, 1915 ........................................................ $ 9 ,5 0 0 1,5 10 110 1,265 00 25 80 43 $12,386 48 P lan , permanent. P a r value o f shares, $130. Instalm ents are 25 cents w eekly. Shares in force Ja n u a ry 1, 1915, n on e; shares issued durin g the year, 2,265; shares w ithdraw n during the year, 3 7 9 ; shares in force, 1 ,8 8 6 . N o borrow in g members. N on -borrow in g members, 388, holding 1,886 shares. Fem ale shareholders, 165, holding 779 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $49.65; rate, 4 per cent. T o ta l dividends credited o r pa id in cash t o members during the year on other shares, $ 1 ; rate, 4 per cent. E rie County 123 N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g the year, $110.80. U npaid, none. Prem ium plan, instalm ent. Interest pa id b y borrow in g members, 6 per cent. Prem ium paid b y borrow in g members, 5 cents per share. Loans have been made in E rie county, New Y ork State. L argest m ortgage loan outstanding, $2,200. M ortgages in force in N ew Y ork State, $9,500. N o foreclosures du rin g the year. LACKAWANNA SAVINGS AND LOAN ASSOCIATION N o. 1005 R idge road, Lackawanna, N. Y . [Organized under Law o f 1914. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1914] Names Post-office addresses TALMADGB BLASS................................... Lackawanna, N. Y. GEORGE H. W ICKS................................... Lackawanna, N. Y. L. L. WESTBROOK.................................. Lackawanna, N. Y. JOHN J. SULLIVAN................................... Lackawanna, N. Y. ASSETS Loans on bond and m ortgage .............................................................. Cash on hand and in b a n k ....................................................................... $ 3 ,00 0 00 2 ,3 0 8 28 $5 ,30 8 28 LIABILITIES Due shareholders, dues .......................................... Undivided profits ...................................................... Special deposits ........................................................ A ccounts payable ...................................................... $5 ,25 6 50 14 14 20 00 IT 64 $ 5 ,30 8 28 RECEIPTS Cash on hand Janu ary 1 , 1915 ............................................................ Dues credited to members ..................................................................... Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... $369 50 4 ,8 8 9 00 46 00 61 6 8 80 $5,373 91 DISBURSEMENTS Loaned on m ortgage ................................................................................ P a id advertising, p rin tin g and postage .......................................... P aid banking departm ent, assessment ............................................... Officers’ bonds ............................................................................................ Cash on hand December 31, 1915 ........................................................ $3 ,00 0 40 1 24 2 ,3 0 8 00 60 03 00 28 $ 5,373 91 Plan, perm anent. P a r value o f shares, $100. Instalm ents are 50 cents m onthly. Shares in force Janu ary 1, 1915, 4 0 6 ; shares issued durin g the year, 273; shares w ithdraw n du rin g the year, n on e; shares in force, 679. B orrow ing members, 2, holding 30 shares; non-borrow ing members, 61, h oldin g 649 shares. Fem ale shareholders, 6 , h oldin g 46 shares. N o unpaid w ithdraw als. M em bership fee, $1. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g the year, $64.60. O perating expenses, as defined in section 390 o f the Banking Law , incurred du rin g the year and rem aining unpaid, $37.64. 124 R epost on S avings and L oan A ssociations N o prem ium plan. In terest pa id b y b orrow in g mem bers, 6 per cent. N o prem ium charged. Loans have been made in E rie cou nty, N ew Y o rk State. L argest m ortga ge loan outstanding, $2,000. M ortgages in force in N ew Y ork S ta te, $3,000. N o foreclosures du rin g th e year. LOYEJOY PERMANENT DIME SAVINGS AND LOAN ASSOCIATION N o. 608 W illia m street, B uffalo, N . Y . [Organized under Law of 1831. Officers President..................... Secretary..................... Treasurer.................... Attorney...................... Commenced business 1891J Names HENRY SCHMIDT............................. CHARLES IX)WENSTEIN................ ANTON VOLK..................................... J. ADAM W EISS................................. Post-office addresses 39 Blake Street. 1540 Fillmore Avenue. 93 Stanton Street. Mutual Life Bldg. ASSETS Loans on bond and m o r t g a g e ......................... Loans on shares ................................................. . Cash on hand and in b a n k ............................... $17,4 1 7 50 1,010 00 1,841 75 $20,2 6 9 25 LIABILITIES D ue shareholders, dues .......................................................................... D ue shareholders, dividends credited ................................................. U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f B anking L a w ) .............. Unearned o r rebatable prem ium ........................................................ $ 1 6 ,6 8 2 1 ,3 5 0 837 1 ,0 00 398 90 41 24 00 70 $ 20,269 25 RECEIPTS Cash on hand January 1, 1915 .......................................................... Dues credited to members ...................................................................... M oney borrow ed .......................................................................................... M ortgages redeemed, foreclosed o r transferred to real estate . . Loans on shares repaid .......................................................................... Pees received .............................................................................................. Interest received ........................................................................................ Prem ium received ..................................................................................... $ 2 ,4 6 4 17,048 1 ,0 00 4 ,5 5 3 1 ,102 156 1 ,1 64 243 42 40 00 75 85 80 77 90 $ 27,734 89 DISBURSEMENTS Loaned on m ortgage ............................................................................. Loaned on shares ....................................................................................... Dues rep aid on w ithdraw al, or applied on l o a n s ......................... D ividends paid on w ithdraw al, or applied on l o a n s ...................... P a id borrow ed m oney and p rio r m o r t g a g e s .................................... P a id interest on borrow ed m oney and p rior m o r t g a g e s .............. P a id salaries and c le r k - h i r e ................................................................. P a id advertising, prin tin g and p o s t a g e ............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exam ination .......................................... P a id banking departm ent, assessment ............................................... Officers’ bonds ................... Cash on hand Decem ber 31, 1915 ........................................................ $ 4 ,40 0 472 18,425 913 1 ,0 0 0 40 531 54 20 21 2 12 1,841 00 50 50 52 00 00 00 58 00 50 54 00 75 $ 2 7 ,7 3 4 89 E rie County 125 Plan, permanent. P a r value o f shares, $100. Instalm ents a re 10 cents weekly. Shares in force Ja n u a ry 1, 1915, 2,901; shares issued during the year, 2,185; shares w ithdraw n during the year, 2,235; shares in force, 2,851. B orrow in g members, 21, holding 530 shares; non-borrow ing members, 205, holding 2,321 shares. Fem ale shareholders, 8, holding 80 shares. T ota l dividends credited members during the year on instalm ent shares, $804.50; rate, 6 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. Operating expenses, as defined in section 390 o f th e Banking Law , incurred and paid du rin g th e year, $617.58. U npaid, none. Prem ium plan, gross. Interest paid b y b orrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 7 % per cent. Loahs have been made in E rie county, New Y ork State. Largest m ortgage loan outstanding, $2,257.50. M ortgages in force in New Y ork State, $17,417.50. N o foreclosures during th e year. NIAGARA SAVINGS AND LOAN ASSOCIATION N o. 12 M ain street, Tonaw anda, N . Y . [Organized under Law of 1891. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1890] Names FRED E. W. JOHN JOHN ENGELKING............................. BETTS................................................ G. WALLEN'MEIBR, J a ................. K. PATTON................................... Post-offic-j addresses Tonawanda, N. Y. Tonawanda, N. Y. Tonawanda. N. Y. Tonawanda, N. Y. ASSETS Loans on bond and m o r t g a g e ................................................................. Loans on shares ......................................................................................... B eal estate ................................................................................................ Cash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ Advances fo r taxes, insurance, etc......................................................... Instalments due and unpaid.................................................... Interest, premium, fees and fines due and unpaid................. $924,506 7 ,4 1 0 1,6 28 271 500 99 93 00 11 70 00 52 $4,5*2 25 1,540 79 $934,416 26 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends credited ................................................. B orrow ed m oney ....................................................................................... Undivided profits ..................................................................................... G uaran ty fund (a s per section 392 o f Banking L a w ) ................ $745,606 115,286 2 0 ,28 0 2 1 ,2 4 3 32 ,00 0 50 53 00 23 00 $934,416 26 RECEIPTS Cash on hand Ja n u a ry 1, 1915 ............................................................ Dues credited t o m em bers ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares r e p a i d ............................................................................ B eal estate sold ......................................................................................... Fees received .............................................................................................. Fines r e c e iv e d ........................................... Interest received ....................................................................................... $ 1,323 266,550 162,360 152,464 5 ,0 7 0 7,381 1,928 61 00 00 00 00 37 75 893 95 52,791 47 126 R epoet on Savings and L oan A ssociations P rem ium r e c e iv e d ....................................................................................... D ividends retained on w ithdraw als .................................................... Advances repaid ......................................................................................... In divid u al accounts ................................................................................... P ro fit and loss, real estate ................................................................... Office fixtures .............................................................................................. $5 ,23 9 3 ,4 8 9 70 5 ,5 6 6 2 ,2 4 7 4 25 42 02 40 08 00 $667,379 32 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ........... ........................................................................... Dues repaid on w ithdraw al, or applied on lo a n s......... ................. P aid m atured s h a r e s ................................................................................ D ividends paid on w ith draw al, or applied on l o a n s .................... P a id borrow ed m oney and p rior m o r t g a g e s .................................... P a id interest on b orrow ed m oney and p rior m o r t g a g e s ........... P a id fo r real estate ................................................................................ P a id salaries and c le r k - h ir e ................................................................... P a id advertising, p rin tin g and p o s t a g e ............................................. P a id ren t ....................................................................................................... P a id repairs to real e s t a t e ..................................................................... P a id taxes, insurance, etc......................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s s e s s m e n t............................................... A dvances fo r taxes, insurance, etc....................................................... In divid u a l accounts, fire in s u r a n c e ................................................... Foreclosure costs ....................................................................................... L egal expenses ................................................................. , ........................ Com m ission on sale o f real e s t a t e ...................................................... M iscellaneous office expenses ............................................................... Cash on hand Decem ber 31, 1 9 1 5 ........................................................ $190,970 5 ,5 9 0 1 08,616 149,500 1 0,594 180,720 1 ,4 13 6 ,0 5 4 3 ,2 5 6 127 300 25 30 93 64 80 8 ,1 0 7 1 ,3 70 7 45 142 271 00 00 00 00 30 00 46 58 00 59 00 00 58 00 62 02 05 68 47 00 27 70 $667,379 32 P lan , serial. P a r value o f shares, $130. Instalm ents a r e 25 cents weekly. Shares in force Janu ary 1, 1915, 20,377; shares issued du rin g th e year, 7,547; shares w ithdraw n du rin g the year, 5,821; shares in force, 22.103. B orrow in g members, 650, h oldin g 6,796 shares; n on-borrow ing members, 2,106, h oldin g 15,307 shares. Fem ale shareholders, 1,248, h oldin g 7,264 shares. T ota l dividends credited mem bers d u rin g th e year on instalm ent shares, $50,164.54: rate, 6 3 /1 0 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $149,500. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f th e Banking Law , incurred and paid d u rin g the year, $3,825.86. U npaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g members, 6 per cent. Prem ium pa id b y b orrow in g mem bers, 2 cents per share per week. Loans have been made in E rie and N ia ga ra counties, N ew Y o rk State. L argest m ortgage loan outstanding, $12,091. M ortgages in force in New Y o rk State, $924,508.93. F ou r foreclosures du rin g the year. 127 E rie County THE PEOPLE’S DIME SAVINGS AND LOAN ASSOCIATION No. 2 N o. 338 Genesee street, Buffalo, N . Y . [Organized under Law of 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1890] Names GEORGE J. FL1ERL................................ FRED SCHULTZ...................................... A. C. KRANICHFBLD.............................. J. J. STEIN............................................... Post-office addresses 45 Waverly Street. 166 Cherry Street. 434 Genesee Street. Brisbane Building. ASSETS Loans on bond and m ortgage .............................................................. R eal estate .................................................................................................. Cash on hand and in b a n k ..................................................................... Furniture and fixtures .......................................................................... $ 9 4 ,2 0 0 7 ,0 0 0 13,412 300 00 00 49 00 $114,912 49 LIABILITIES Due shareholders, dues .......................................................................... Due shareholders, dividends credited ................................................. U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f B anking L aw ) .............. Salaries ......................................................................................................... $101,706 9,5 07 1,125 2 ,0 6 5 508 10 33 56 00 50 $114,912 49 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real estate . . Fees received .............................................................................................. Fines received ............................................................................................ Interest received ....................................................................................... Rent received .............................................................................................. $11,919 83,711 7 ,6 00 471 116 4 ,7 70 365 86 20 00 90 09 78 89 $108,955 72 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, o r applied on l o a n s ......................... D ividends paid on w ithdraw al, or applied on l o a n s .................... P aid salaries and c le r k -h ir e ................................................................... P aid advertising, p rin tin g and p o s t a g e ............................................. P aid repairs to real estate ................................................................... P a id taxes, insurance, etc ..................................................................... P aid banking departm ent, exam ination .......................................... P aid banking departm ent, assessment ............................................... Officers’ bonds ............................................................................................. State League dues ..................................................................................... L ight, heat and w a t e r .............................................................................. B ooks and supplies .................................................................................. Cash on hand December 31, 1915 ........................................................ $ 6,400 00 84,054 30 2 ,4 9 9 57 1,512 00 144 75 429 36 178 93 21 50 914 12 00 5 50 54 44 221 74 13,412 49 $108,955 72 P lan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force January 1, 1915, 15,480; shares issued durin g the year, 4,719; shares w ithdraw n during th e year, 4,333; shares in force, 15,866. B orrow ing members, 49, holdin g 942 shares; non-borrow ing members, 1,071, holding 14,924 shares. Fem ale shareholders, 657, holding 7,564 shares. Total 128 R epoet of S avings and L oan A ssociations dividends credited m em bers d u rin g the year on instalm ent shares, $2,675.12; rate, 3 per emit, and 4 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, a s defined in section 390 o f the Banking Law , incurred and paid du rin g th e yea r, $1,950.43. O perating expenses, as defined in section 390 o f the B anking Law , incurred du rin g th e year and rem aining unpaid, $508.50. N o prem ium plan. In terest pa id b y b orrow in g m em bers, 6 per cent. N o prem ium charged. Loans have been made in E rie cou nty, New Y o rk State. L argest m ortgage loan outstanding, $7,000. M ortgages in force in N ew Y ork State, $94,200. N o foreclosures du rin g the year. POLISH CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 615 F illm ore avenue, B uffalo, N . Y . [Organized under Law of 1894. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1909] Names ANTHONY SCIIREIBER.................... S. S. NOWICKI..................................... S. LIPOWIGZ................................ . . . . LEON J. NOWAK............................... Post-office addresses 662 Fillmore Avenue. 615 Fillmore Avenue. 347 Peekham Street. 801 Fillmore Avenue. ASSETS Loans on bond and m o r t g a g e ................................................................. Cash on hand and in b a n k ..................................................................... Interest, prem ium , fees and fines due and unpaid ...................... $120,070 00 11,319 30 529 11 $131,918 41 LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends c r e d it e d ................................................. U ndivided profits ....................................................................................... G uaranty fun d (as per section 392 o f Banking L a w ) .............. Unearned o r rebatable prem ium .......................................................... $123,493 3 ,0 4 3 4 ,3 8 3 900 96 89 89 70 00 93 $131,918 41 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ D ues credited to m e m b e r s .......................... M ortgages redeemed, foreclosed o r transferred t o real estate . . Fees received .............................................................................................. In terest received ....................................................................................... Prem ium received ..................................................................................... $ 8 ,7 0 4 7 7 ,74 9 7 ,0 2 5 167 6 ,3 0 7 72 65 43 00 00 08 00 $100,025 16 DISBURSEMENTS Loaned on m ortgage .................... D ues repaid on w ithdraw al, or applied on l o a n s ........................... D ividends paid on w ithdraw al, or applied on lo a n s .................... P a id salaries and clerk-hire ................................................................. P a id advertising, p rin tin g and p o s t a g e ............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s s e s s m e n t............................................... Cash on hand December 31, 1 9 1 5 ........................................................ $ 2 4 ,5 9 0 5 9 ,5 6 0 3 ,5 5 5 617 242 110 21 8 11,319 00 14 01 00 79 50 50 92 30 $ 100,025 16 E rie County 129 Plan, permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in fo rce Janu ary 1, 1915, 14,124; shares issued du rin g the year, 8,5 00 ; shares w ithdraw n during the year, 6,519; shares in force, 16,105. B orrow in g members, 9, holding 36 shares; non-borrow ing members, 684, holding 16,069 shares. Fem ale shareholders, 230, holdin g 3,770 shares. T o ta l dividends credited members du rin g the year on instalm ent shares, $1,351.71; rate, 4 % per cent. T ota l dividends credited or paid in cash to members du rin g the year on other shares, $2,740.32; rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid d u rin g the year, $970.29. Unpaid, none. Prem ium plan, gross. In terest pa id b y borrow in g members, 6 per cent. Prem iu m paid b y borrow in g members, $4 per share. L oans have been made in E rie county, N ew Y ork State. Largest m ortgage loan outstanding, $4,000. M ortgages in foree in New Y ork State, $120,070. N o foreclosures du rin g the year. RIVERSIDE CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 1911 N iagara street, Buffalo, N. Y. [ Organized under la w of 1894, Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1895] Names WILLIAM BRANDT............... PRANK M. ROESSLER........... GEORGE DEHLINGER.......... JOHN S. DRUAR..................... Post-office addresses Grace and Tonawanda Sts. 27 Farmer Street. 4 Hartman Place. Erie Co. Sav. BankBldg. ASSETS Loans on bond and m o r t g a g e ....................... R eal estate ........................................................ Cash on hand and in b a n k ............................. Furniture and fixtures .................................... Advances fo r taxes, insurance, etc............... $122,950 7 ,7 3 9 21 ,97 4 410 343 00 86 69 56 63 $153,418 74 LIABILITIES Due shareholders, dues and dividends ............................................. Due shareholders, m atured shares ..................................................... Undivided profits ....................................................................................... G uaranty fun d as per section 392 o f B anking L a w ) ...................... $142,827 4 ,9 4 8 2 ,1 4 2 3 ,5 0 0 51 43 80 00 $153,418 74 RECEIPTS Cash on hand Janu ary 1, 1 9 1 5 ............................................................ Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Fees received ............................................................................................. Interest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... Rent received ............................................................................................. D ividends retained on w ithdraw als ................................................... Advances repaid ......................................................................................... E lectric ligh t refund .............................................................................. Sundries, profit and loss ....................................................................... $7 ,25 4 48 9 5,811 17 15,250 00 39 00 6 ,3 2 4 96 1 ,6 4 3 '2 0 627 50 102 54 56 15 9 56 3 35 $127,121 91 5 130 R eport oh Savings and L oan A ssociations DISBURSEMENTS .Loaned on m ortgage ................................................... D ues repaid on w ithdraw al, o r applied on loans P a id m atured d i a r e s ................................................... P a id salaries Mid clerk-hire .................................... P a id advertising, p rin tin g and p o s t a g e .............. P aid ren t ...................................... ................................. P aid repairs t o real e s t a t e ......................................... P a id taxes, insurance, etc............................................ P aid banking departm ent, exam ination .............. P aid banking departm ent, a s se s s m e n t.................. Officers’ bonds .................... ......................................... A dvances fo r taxes, insurance, ete........................... F u rn itu re and fixtures ................................. ............. l i g h t and heat ............................................................ Cleaning .......................................................................... W ater ta x ........................................................................ Stationery ........................................................................ Expressage ..................................................................... Cash on hand Decem ber 31, 1915 ....................... $28,250 6 7 ,59 4 7 ,3 0 0 1 ,324 60 30 34 190 28 9 26 209 10 25 36 7 8 00 08 00 00 65 00 85 60 50 89 00 66 56 86 00 50 84' 23 2 1 ,9 7 4 69 $127,121 91 P la n , permanent. P a r value o f shares, $100. Instalm ents are 1 2 % cents and 25 cents weekly. Shares in fo rce Ja n u a ry 1, 1915, 6,571; shares issued du rin g the year, 2,080; shares w ithdraw n du rin g the year, 1,216; shares in force, 7,435. B orrow in g mem bers, 84, holdin g 1,260 shares; non-borrow ing members, 1,046, h oldin g 6,175 shares. N o record o f fem ale shareholders. T ota l dividends credited mem bers du rin g th e yea r on instalm ent shares, $4,937.21; rate, 5 per cent. T ota l dividends credited o r paid in cash t o members du rin g the yaar on other shares, $794.32; rate, 4 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g th e year, $337.30. O perating expenses, as defined in section 390 o f th e B anking Law , incurred and paid d u rin g th e year, $1,502.02. U npaid, none. Prem ium plan, instalm ent. In terest paid b y borrow in g members, 5 % per cent, and 6 per cent. Prem ium paid b y b orrow in g members, 3 cents per share per week. Loans have been made in E rie cou nty, N ew Y ork State. L argest m ortgage loan outstanding, $5,300. M ortgages in force in New Y o rk State, $122,950. N o foreclosures durin g the year. SECURITY SAVINGS AND LOAN ASSOCIATION OF BUFFALO, N. Y. N o. 10 B uilders Exchange, Buffalo, N. Y . [Organized under Law o f 1910. Officers President. Secretary.. Treasurer. A ttorn ey.. Commenced business 1912] Names FERDINAND GRIMM........... FREDERICK BENNETT----JOHN E. SCHUBSLER........... JOSEPH A. WBCHTER......... ASSETS Loans on bond and m o r t g a g e ......................... Loans on shares ..................................: ............. Cash o n hand and in b a n k ................................. Fu rn itu re and fixtures ...................................... Advances fo r taxes, insurance, etc.................. Post-office addresses 316 Terrace. 11 East Utica Street. 10 Builders’ Exchange. 809 Chamber o f Commerce. $80,9 2 0 4 ,3 9 0 14 ,62 4 137 15 00 00 35 80 00 $109,087 15 E rie County LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends credited ............................................... Balance t o be paid borrow ers on m ortgage lo a n s ......................... Undivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem ium ........................................................ 131 $99,0 2 6 6 ,3 69 450 1,444 1,1 07 90 00 81 00 34 00 00 $109,087 15 RECEIPTS Cash on hand Ja n u a ry 1, 1 9 1 5 ........................................................... Dues credited t o members ..................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares repaid ......................................................................... Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... Prem ium received ..................................................................................... Dividends retained on w ithdraw als ................................................... Cash over .................................................................................. $ 1,697 49,167 11,619 3 ,5 8 5 171 71 4 ,3 5 5 1,002 107 12 28 00 33 50 70 86 78 58 76 50 $71,851 29 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ....................................................................................... Dues repaid on w ithdraw al, or applied on l o a n s ........................... D ividends paid on w ithdraw al, or applied on l o a n s ...................... Paid interest on borrow ed m oney and p rior m o r t g a g e s ............... Paid salaries and e le r k -h ir e ................................................................... Paid advertising, prin tin g and postage .......................................... Paid rent ...................................................................................................... Paid banking departm ent, exam ination ........................................... Paid banking departm ent, a s se s s m e n t............................................... Officers’ bonds ........................................................................................... Advances for taxes, insurance, etc......................................................... Appraisals ......................................................................... Safe ................................................................................................................ Safe deposit va u lt ..................................................................................... Signs ............................................................................................................. K ey .................................................................................................................. Cash on hand December 31, 1915 ........................................................ $33,308 6 ,9 3 0 15,644 504 2 318 53 75 100 6 41 15 120 77 10 15 32 50 00 16 01 00 60 00 50 00 25 00 00 10 00 30 20 14,624 35 $71,851 29 P lan , permanent. P a r value o f shares, $130. Instalm ents are 25 cents weekly. Shares in force January 1, 1915, 3,765; shares issued during the year, 867; shares w ithdraw n during the year, 058; shares in force, 3,974. B orrow ing members, 33, holding 470 shares; non-borrow ing members, 371, holding 3,504 shares. Fem ale shareholders, 122, holding 798 shares. T ota l dividends credited members during the year on instalm ent shares, $4,265.84; rate, 6 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. Operating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $639.35. U npaid, none. Prem ium plan, instalm ent. Interest paid b y borrow ing members, 6 per cent. Prem ium paid b y borrow ing members, 5 cents per share per week. Loans have been made in Erie eounty, New Y ork State. la r g e s t m ortgage loan outstanding, $6,000. M ortgages in force in N ew Y ork State, $89,920. N o foreclosures during the year. 132 R eport on Savings and L oan A ssociations SENECA SAVINGS AND LOAN ASSOCIATION N o. 2238 Seneca street, B u ffalo, N . Y . [Organized under Law o f 1910. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1914] Names JOHN MAYER..................................... FRED W. M O B M C H ........................ THOMAS W. GRIFFIN.................... E. A. PURTILL.................................. Post-office addresses 88 Indian Ch. Road. 284 Cherry Street. 2288 Seneca Street. 705 D. S. Morgan Bldg. ASSETS L oan s on bond and m ortgage ............................................................... L oan s on shares ..................................................... ................................. Cash on hand and in b a n k .................... ............................ •................... F u rn itu re and fixtures ............................................................................ $780 75 4 ,9 3 3 18 00 00 75 00 $ 5 ,8 0 6 75 LIABILITIES D ue shareholders, dues ........................................................ ................... D ue shareholders, dividends credited ............................................... U ndivided profits ..................................................................................... G uaran ty fu n d (a s per section 392 o f B anking L a w ) ................ Unearned o r rebatable p r e m iu m .......................................................... $ 5 ,5 0 2 146 27 9 30 75 31 94 75 00 $ 5 ,8 0 6 75 RECEIPTS Cash on hand Janu ary 1, 1915 .......................................... D ues credited t o members ..................................................................... Loans on shares repaid ..................................... Fees received .............................................................................................. In terest received ....................................................................................... Prem ium received ..................................................................................... $ 2 ,8 6 4 5 ,6 6 3 512 63 147 30 64 00 00 50 97 00 $ 9 ,28 1 11 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ....................................................................................... D ues repaid on w ithdraw al, o r applied on l o a n s ......................... D ividends paid on w ithdraw al, o r applied on l o a n s .................... P a id salaries and clerk-hire .............................................. P a id advertisin g, prin tin g a nd p o s t a g e ............................................. P a id ren t ..................................................................................................... P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s s e s s m e n t............................................... F u rn itu re ..................................................................................................... Cash on hand Decem ber 31, 1915 ........ $780 342 3 ,1 2 6 9 25 16 25 14 1 6 4 ,9 3 3 00 00 25 84 50 65 40 50 22 00 75 $ 9 ,28 1 11 Plan, permanent. P a r value o f shares, $130. Instalm ents are 25 cents w eekly. Shares in force Janu ary 1, 1915, 4 0 2 ; shares issued during th e year, 2 5 4 ; shares w ithdraw n durin g the year, 8 1 ; shares in force, 576. B orrow in g m em bers, 2, h oldin g 14 shares; n on-borrow ing mem bers, 84, h oldin g 561 shares. Fem ale shareholders, 42, holdin g 172 shares. T ota l dividends credited members during the yea r on instalm ent shares, $117.78; rate, 3 % per cent. 133 E rie County N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $67.55. Unpaid, none. Prem ium plan, gross. Interest paid b y b orrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, $5 per share. Loans have been made in Erie county, New Y ork State. Largest m ortgage loan outstanding, $780. M ortgages in force in New Y ork State, $780. N o foreclosures du rin g the year. SYCAMORE AND JOHNSON SAVINGS AND LOAN ASSOCIATION N o. 621 Sycam ore street, Buffalo, N. Y . [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer..................... Attorney..................... Commenced business 1888] Names WILLIAM GERLACH.......................... GEORGE H. GEBAUER...................... OTTO MAYE R ....................................... WM. 0. W EIM AR.................................. Post-office addresses 159 Johnson Street. 158 Johnson Street. 609 Sycamore Street. 465 Monroe Street. ASSETS Loans on bond and m ortgage .............................................................. Cash on hand and in b a n k ..................................................................... $38,610 00 7,2 37 95 $45,847 95 LIABILITIES D ue shareholders, dues ......................................................................... D ue shareholders, dividends credited ............................................... U ndivided profits ..................................................................................... G uaranty fund (a s per section 392 o f B anking L a w ) .............. $42,224 2 ,485 296 840 75 51 84 85 $45,847 95 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to m e m b e r s ..................................................................... M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. Pees received ................................................................................................ Interest received ....................................................................................... $2 ,77 6 49 25 ,47 2 25 15,470 00 112 75 1 ,966 83 $45,798 32 DISBURSEMENTS Loaned on m o r t g a g e ................................................................................ Dues repaid on w ithdraw al, or applied on l o a n s ......................... D ividends paid on w ith draw al, or applied on l o a n s .................... P a id salaries and clerk-hire ................................................................. P a id advertising, p rin tin g and p o s t a g e ............................................. P a id rent ............................................................ P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s se s s m e n t............................................... Officers’ b o n d s ...................... Cash on hand Decem ber 31, 1915 ....................................... $ 7 ,80 0 29 ,29 2 510 833 31 50 22 4 16 7 ,237 00 25 89 75 00 00 00 48 00 95 $45,798 32 P lan , permanent. weekly. P a r value o f shares, $130. Instalm ents are 25 cents 184 R eport on Savings and L oan A ssociations Shares in fo rce Ja n u a ry 1, 1915, 1,631; shares issued du rin g the year, 4 5 1 ; shares w ithdraw n durin g the year, 2 3 6 ; shares in force, 1,846. B orrow in g members, 41, h oldin g 297 shares; non-borrow ing members, 257, h oldin g 1,549 shares. Fem ale shareholders, 126, holdin g 623 shares. T ota l dividends credited mem bers durin g the year on instalm ent shares, $1,109.70;. rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g th e year, $930.75. U npaid, none. N o prem ium plan. Interest p a id b y borrow in g members, 6 per cent. N o prem ium charged. Loa(ns have been made in E rie cou nty, N ew Y ork State. Largest m ortgage loan outstanding, $3,900. M ortgages in force in N ew Y ork State, $38,610. N o foreclosures d u rin g the year. WILLIAM AND SHERMAN MUTUAL SAYINGS AND LOAN ASSOCIATION N o. 592 W illia m street, B uffalo, N . Y . [Organized under Law of 1851. Officers P resident................... Secretary.................... Treasurer................... Attorney...................... Commenced business 1882] Names GUSTAV KOCH................................... HENRY GEGER.................................. THEO. KUNZ.............................. H. W. BRENDEL................................ Post-office addresses 624William Street. 114Hoehrer Avenue. 38Goembel Avenue. 806 Mutual Life Bldg. ASSETS Loans on bond and m ortgage ....................... Cash on hand and in b a n k ................................. F u rn itu re and fixtures ...................................... $ 7 ,4 0 0 00 4 ,4 1 8 73 48 00 $ 1 1 ,8 6 6 73 LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ............................................... U ndivided profits ....................................................................................... G uaran ty fu n d {a s per section .392 o f Banking L a w ) ................ Unearned o r rebatable p r e m iu m .......................................................... $10,035 587 761 410 72 75 58 40 oO 00 $ 1 1 ,8 6 6 73 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... D ues credited t o members ................. M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Fees received .............................................................................................. In terest received ....................................................................................... Prem iu m r e c e iv e d ....................................................................................... Advances repaid ......................................................................................... $ 3 ,3 0 9 6 ,2 3 4 2 ,1 0 0 62 614 12 68 49 00 00 50 14 50 98 $12,401 61 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, o r applied on lo a n s ........................... D ividends paid on w ith draw al, or applied on lo a n s.................... P a id salaries and clerk -h ire......... ......................................................... P a id advertising, prin tin g and p osta ge............................................. P a id r e n t ....................................................................................................... $500 6 ,6 2 9 514 233 12 6 00 25 67 50 00 00- 135 E rie County P a id banking departm ent, exam ination .......................................... P a id banking departm ent, assessm ent............................................... A dvances lo r taxes, insurance, e t c .................................................. .. A ttorn ey’s fees ........................................................................................... Cash on hand December 31, 1915.......................................................... $14 1 68 2 4 ,4 1 8 50 88 98 10 73 $12,401 61 P lan, permanent. P ar value o f shares, $100. Instalm ents are 25 cents weekly. Shares in fo rce January 1, 1915, 5 0 8 ; shares issued du rin g the year, 2 5 0 ; shares w ithdraw n durin g the year, 2 76; shares in force 482. B orrow in g members, 5, holdin g 52 shares; non-borrow ing members, 83, h oldin g 430 shares. Fem ale shareholders, 35, holding 194 shares. T ota l dividends credited mem bers durin g the year on instalm ent shares, $407.59; rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. Operating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $253.60. U npaid, none. Prem ium plan, gross. Interest paid by b orrow in g mexpbers, 6 per cent. Prem ium paid by borrow ing members, 2 % per cent. Loans have been made in E rie county, New Y ork State. Largest m ortgage loan outstanding, $2,000. M ortgages in force in New Y ork State, $7,400. One foreclosure du rin g the year. WILLIAM STREET PERMANENT SAVINGS AND LOAN ASSOCIATION N o. 291 W illia m stre e t, B u ffa lo , N. Y . [Organized under Law o f 1851. Officers President. Secretary. Treasurer. Attorney. Commenced business 1879] Names JOSEPH B. M ILLER................... FRANK R. RUCKDESCHEL. . . . RUDOLPH G U N O LD ....................... FRANK R. RUCKDESCHEL____ Post-office addresses 259 Northampton Street. 59 Walnut Street. 600 Goodyear Avenue. 76 W est Eagle Street. ASSETS Loans on bond and m ortg a g e................................................................... Cash on hand and in b a n k ....................................................................... $23,166 00 12,261 82 $35,427 82 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends cred ited ...................... .......................... U ndivided p r o f i t s ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatable p r e m iu m ..................................................... .... $ 28,256 2 ,5 0 4 1,337 1,800 1,529 75 60 11 00 36 $35,427 82 RECEIPTS Cash on hand Janu ary 1, 1915.................................. Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Fees received ................................................................................................ Interest received ....................................................................................... Prem ium received ..................................................................................... $10,105 13,797 4 ,5 1 6 127 1,503 174 68 0Q 75 00 24 00 $30,223 67 136 R eport oh Savings and L oan A ssociations DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured shares .............................................................................. D ividends paid on w ith draw al, o r applied on lo a n s ....................... P aid salaries and clerk-h ire................................................................... P a id advertising, printing and postage ........................................... P a id r e n t ........................................................................................................ P a id banking departm ent, e x a m in a t io n ...^ .................................... P a id banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. Prem ium s rebated ..................................................................................... B lo t t e r s ........................................................................................................... Cash on hand December 31, 1915.......................................................... $ 2 ,5 7 4 9 ,3 2 7 5 ,0 2 2 587 318 5 52 14 3 8 36 12 12,261 00 50 87 74 00 10 00 50 50 00 64 00 82 $ 30,223 67 Plan, permanent. P a r value o f shares, $100. Instalm ents are 25 cen t» weekly. Shares in force January 1, 1915, 1,057; shares issued du rin g the year, 5 08; shares w ithdraw n du rin g the year, 5 3 6 ; shares in force, 1,029. B orrow in g members, 20, holding 218 shares; non-borrow ing members, 155, h oldin g 811 shares. Fem ale shareholders, 88, holding 437 shares. T ota l dividends credited m em bers du rin g the year on instalm ent shares, $1,322.76; rate, 6 per cent. H o unpaid w ithdraw als. A m ou n t o f shares m atured during the year, $5,022.87. E ntrance fee, 25 eents per share. O perating expenses, as defined in section. 390 o f th e B anking L aw , incurred and pa id during th e year, $395.10. U npaid, none. Prem ium plan, gross. Interest paid b y b orrow in g members, 1 2 % cents per share per week. Prem ium paid b y borrow in g members, $7.25 per share. Loans have been m ade in E rie cou n ty, H ew Y ork State. L argest m ortgage loan outstanding, $2,466.75. M ortgages in force in N ew Y ork State, $23,166. N o foreclosures du rin g the year. WILLIAMSVILLE SAYINGS AND LOAN ASSOCIATION M ain street, W illia m sville, N . Y . [Organized under Law of 1910. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1913] Names Post-office addresses HOWARD G. BRITTING.......................... Williamsville, N. Y. GEORGE H. DANIEL.............................. Williamsville. N. Y. WILLIAM J. JENKINS............................ Williamsville, N. Y. GEO. W. W ALTERS................................. Williamsville, N. Y. ASSETS Loans on bond and m o rtg a g e................................................................. Loans on shares ....................................................................................... Cash on hand and in b a n k ........................................................................ $11,450 00 731 00 1,067 08 $ 1 3 ,2 4 8 08 LIABILITIES Due shareholders, dues .................................................................... D ue shareholders, dividends cred ited .................................................... B orrow ed m o n e y .......................................................................................... U ndivided profits ....................................................................................... G uaran ty fun d (a s per section 392 o f B anking L a w ) .................... $10,2 3 2 277 2 ,5 0 0 188 50 09 42 00 57 00 $13,2 4 8 08 137 F ranklin County RECEIPTS Cash on hand Janu ary 1, 1915............................................................ Dues credited t o m em bers................................. M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or tran sferred t o real e s t a t e .. >ans on shares re p a id .......................................... Fees r e c e iv e d ................................................................................................ Fines received ................................... In terest received ....................................................................................... Prem ium received ..................................................................................... $726 11,490 2 ,5 0 0 2 ,5 5 0 312 35 4 356 51 65 40 00 00 00 70 83 69 45 $18,027 72 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................ D ividends paid on w ithdraw al, o r applied on lo a n s .................... P a id interest on borrow ed m oney and p rior m ortga ges........... . . . P a id salaries and elerk-hire................................................................... P a id advertising, prin tin g and posta ge............................................... P a id banking departm ent, e x a m in a tio n ............................................. P a id banking departm ent, assessm ent................................................. Officers’ b o n d s.............................................................................................. Advances returned ..................................................................................... Cash on hand December 31, 1915.......................................................... $ 8,450 00 705 00 7,621 04 30 64 5 00 25 72 14 47 29 30 1 47 8 00 7000 1,067 08 $18,027 72 Plan, permanent. P a r value o f shares, $100. Instalm ents are 20 cents weekly. Shares in force Janu ary 1, 1915, 1,096; shares issued du rin g the year, 176; shares w ithdraw n durin g the year, 4 8 7 ; shares in force, 785. B orrow ing members, 12, holdin g 208 shares; n on-borrow ing members, 117, h oldin g 577 shares. Fem ale shareholders, 20, holding 102 shares. T o ta l dividends credited mem bers du rin g the yea r on instalm ent shares, $284.18; rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 20 cents per share. O perating expenses, as defined in section 390 o f the B anking l a w , incurred and paid du rin g the year, $118.19. U npaid, none. Prem ium plan, instalm ent. Interest pa id b y borrow ing members, 6 per cent. Prem ium paid b y b orrow in g members, 2 cents per share per week. Loans have been made in E rie county, N ew Y ork State. L argest m ortgage loan outstanding, $3,500. M ortgages in force in New Y ork State, $11,450. N o foreclosures du rin g the year. FRANKLIN COUNTY SARANAC LAKE CO-OPERATIYE SAVINGS AND LOAN ASSOCIATION N o. 79 M ain street, Saranac Lake, N. Y . [Organized under Law of 1894. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business Names WILLIAM J. GALLANAN. W. E. JOHNSON................. EUCLID C. PIN E........... HERBERT P. COATS......... 1899J Post-office addresses Saranac Lake, N. Y. Saranac Lake, N. Y. Saranac Lake, N. Y. Saranac Lake, N. Y. 138 R eport on Savings and L oan A ssociations ASSETS Loans on bond and m ortg a g e................................................................. L oan s on shares ......................................................................................... Cash on hand and in b a n k .................. .................................................. $ 1 03,275 00 5 ,9 2 9 00 3 ,3 7 6 22 $112,580 22 LIABILITIES D u e shareholders, dues ............................................................................ D ue shareholders, dividends c r e d it e d ................................................. B alance t o be p a id b orrow ers on m ortgage lo a n s ......................... U ndivided profits ....................................................................................... G uaran ty fun d (a s per section 392 o f B a n k in g L a w ) ................ $88,1 7 1 18,008 2 ,8 4 8 1 ,4 5 0 2 ,1 0 0 00 55 95 81 91 $112,580 22 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited t o m e m b e r s .......................... M ortgages redeemed, foreclosed o r tran sferred to real e s ta t e .. L oan s o n shares r e p a i d ........................................................................... . Fees received ........................................................................................... F ines received ........................................................................................ In terest received ................................................................................ . . . Prem ium received ..................................................................................... D ividends retained on w ithdraw als .................................................... $ 1 ,4 7 4 2 2 ,3 6 1 6 ,8 5 0 2 ,3 8 8 70 6 4 ,6 0 4 1,397 92 74 00 00 35 00 50 79 43 71 $39,245 52 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on l o a n s ......................... P a id m atured s h a r e s ................................................................................. D ividends paid on w ith draw al, o r applied on l o a n s .................... P a id salaries and c le r k - h ir e ................................................................... P a id advertising, p rin tin g and postage ........................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, a s s e s s m e n t............................................... State League dues and expenses ........................................................ M ortgage t a x ................................................................................................ Cash on hand Decem ber 31, 1915 ........................................................ $12,801 05 3 ,001 00 9 ,8 5 6 00 7 ,6 2 7 03 2 ,1 9 7 99 200 00 9 65 24 00 818 32 90 I l l 50 3 ,3 7 6 22 $ 3 9 ,2 4 5 52 P lan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 1,869; shares issued du rin g the year, 2 8 0 ; shares w ithdraw n during th e year, 173; shares in force, 1,976. B orrow in g members, 78, holding 627 shares; n on-borrow ing members, 246, h oldin g 1,349 shares. Fem ale shareholders, 143, holding 855 shares. T ota l dividends credited members du rin g th e year on instalm ent shares, $5,675.99; rate, 6 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $7,627.03. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f th e Banking Law, incurred and paid du rin g the year, $242.55. U npaid, none. Prem ium plan, prem ium -interest. In terest paid by b orrow in g mem ber?, 75 cents per share per m onth. Prem ium p a id b y borrow in g members, 25 cents per share per m onth. Loans have been made in Essex and Franklin counties, N ew Y ork State. L a rg est m ortgage loa n ou tstanding, $7,000. M ortgages in force in N ew Y ork State, $103,275. N o foreclosures du rin g th e year. 139 Genesee County GENESEE COUNTY THE GENESEE COUNTY LOAN ASSOCIATION N o. 112 M ain street, B atavia, N . Y . [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... Names Commenced business 1879] Post-office addresses G. S. GRISWOLD................................................. W. G. POLLARD.................................................... JOHN W. PBA TT................................................. ASSETS Loans on bond and m o r t g a g e ................................................................. Loans on s h a r e s ......................................................................................... Stocks and bonds ....................................................................................... R eal estate .................................................................................................. Cash on hand and in b a n k ..................................................................... Batavia. N. Y. Batavia. N. Y. Batavia, N. Y. $454,704 8 ,7 45 10,000 8 ,0 00 31,973 46 00 00 00 26 $513,422 72 LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends cred ited ................................................. Balance to be paid borrow ers on m ortgage lo a n s............................. Undivided profits ................................................... ................................... G uaranty rand (as par section 392 o f Banking L a w ) ................ $430,462 45,342 800 11,817 25,000 59 58 00 55 00 $513,422 72 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares r e p a i d ............................................................................ Fees received ........................................................*....................................... Interest received ......................................................................................... R en t received ............................................................................................. Dividends retained on w ith d raw als................................................... $25,760 175,885 54,320 11,957 30 72 21 00 25 27,737 46 3 4 0 .0 0 359 15 $296,360 09 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s........................... P aid m atured s h a r e s ............................................................................... D ividends paid on w ithdraw al, or applied on lo a n s .................... P aid salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................. P aid repairs to real esta te..................................................................... P a id taxes, insurance, e t c ......... ............................................................. P aid banking departm ent, exam ination ............................................. P aid banking departm ent, assessm ent............................................... State League dues and expenses............................................................ M ortgage ta x .............................................................................................. reat and lig h t ................... Ice and w ater ............................................................................................. T e le p h o n e ....................................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $59,570 8,907 149,030 31,838 9 ,4 1 2 4 ,2 78 448 63 226 52 36 47 239 202 00 00 31 61 47 00 64 50 11 46 89 50 25 59 9 80 23 70 31,973 26 $296,360 09 140 R eport on S avings and L oan A ssociations P lan, permanent. P a r valu e o f shares, $125. Instalm ents are 25 cents w eekly. Shares in force Janu ary 1, 1915, 6,637; shares issued du rin g th e year, 2 ,8 03 ; shares w ithdraw n d u rin g th e year, 2,8 21 ; shares in force, 6,619. B or row in g mem bers, 110, holding 960 shares; non-borrow ing members, 1,765, h oldin g 5,659 shares. Fem ale shareholders, 919, h oldin g 1,865 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $7,805.01; rate, 5 per cent. T ota l dividends credited or paid in cash to mem bers du rin g th e year on oth er shares, $11,072.46; rate, 4 per cent. N o u n paid w ithdraw als. A m oun t o f shares m atured du rin g th e year, $31,838.61. M em bership fee, 25 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g the year, $5,010.23. U n paid, none. N o prem ium plan. In terest pa id b y b orrow in g members, 5 per cent., 5 % per cent, and 6 per cent. N o prem ium charged. L oan s have teen made in Genesee cou nty, N ew Y ork State. L argest m ort gage loan outstanding, $17,000. M ortgages in force in N ew Y ork State, $454,704.46. N o foreclosures du rin g th e year. GREENE COUNTY CATSKILL SAYINGS AND LOAN ASSOCIATION N o. 375 M ain street, C atskill, N . Y . [O rganized under Law o f 1851. Officers President..................... Secretary..................... Treasurer.................. Attorney................. .... Commenced business 18891 Post-office addresses Names PERCIVAL GOLDEN...................... ............... Catskill, N. Y. THOMAS E. JONES........................ P. GARDNER COFFIN.................... Catskill, N. Y. ORLIFF T. HEATH.......................... ............... ASSETS L oan s on bond and m ortg a g e................................................. ................ L oan s on shares............................................................................ ................ Stock s and b o n d s......................................................................... Shares o f Land Bank o f State o f New Y o r k .................... ................ Cash on hand and in b a n k ...................................................... ............: F u rn itu re and fixtures ............................................................ .............. Interest, prem ium , fees and fines due and u n p a id ......... ............... A dvances fo r taxes, insurance, e t c ........................................ ............... In terest accrued ......................................................................... ................ $15 4,7 5 0 00 2 ,9 4 7 21 1 ,0 0 0 1 ,9 2 0 291 113 11 849 00 06 51 56 00 41 $187,122 75 L IA B IL IT IE S D ue shareholders, du es............................................................................... D ue shareholders, dividends cre d ite d .......................... U n divided profits ..................................................................................... G u aran ty fun d (a s per section 392 o f Banking L a w ) .................... In d ivid u a l a c c o u n t ..................................................................................... $163,535 15,669 5 ,5 0 0 2 ,3 8 0 37 06 86 56 00 27 $ 1 8 7,1 2 2 75 R E C E IPTS Cash o n hand J a n u a ry 1, 1915............................................................... D ues credited to m em bers........................................................................ M oney borrow ed .......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. $ 8 ,17 1 4 5 ,1 0 6 14,001 2 6 ,5 0 0 18 22 38 00 G reene County Loans on shares r e p a i d ............................................................................ Fines received .............................................................................................. Interest received ......................................................................................... Prem ium received ..................................................................................... D ividends retained on w ith d raw a ls................................................... Advances re p a id ........................................................................................... P rofit and loss, a m ortiza tion ................................................................. Bonds, am ortization ................................................................................ 141 $4 ,70 6 42 9 ,2 1 0 772 91 11 62 8 00 13 90 15 62 00 82 90 $108,684 30 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ..................................................................... . ............... D ues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s ................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P a id borrow ed m oney and p rior m ortga ges...................................... P id interest on borrow ed m oney and prior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta g e............................................. P a id rent ....................................................................................................... P aid banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................ Advances fo r taxes, insurance, e t c ........................................................ State League dues and expenses.......................................................... Shares o f Land B a n k ................................................................................ B o n d s ................................................................................................................ Bonds, a m ortization ................................................................................ P rofit and loss, am ortization ............................................................... Interest accrued on bonds pu rch ased................................................. M ortgage t a x ................................................................................................ Prem ium refunded ..................................................................................... M iscellaneous item s ................................................................................... Cash on hand December 31, 1915.......................................................... $48,190 1,405 1 6 ,93 9 19 ,57 2 1,775 00 00 82 90 75 663 14,001 236 600 100 125 21 13 22 19 1,000 1,871 62 8 28 30 42 34 1,920 01 38 41 00 63 00 23 35 00 82 00 25 82 90 33 00 60 04 06 $108,684 30 Plan, permanent. P a r value o f incom e shares is $100, prepaid shares, $25, classes A , B, C and E , $100 and C lass D, $200. M onthly instalm ents on Class C are 35 cents, Class B, 50 cents, Classes A and D , $1. Shares in force Janu ary 1, 1915, 4 ,5 8 7 % ; shares issued during the year, 1,413; shares w ithdraw n du rin g the year, 60 1 ; shares in force, 5,399% . B or row in g members, 95, h oldin g 1,316% shares; n on-borrow ing members, 238, h oldin g 4,083% shares. Fem ale shareholders, 103, holding 1,495 shares. T otal dividends credited members durin g th e year on instalm ent shares, $2,613.02; rate, 5 per cent. T ota l dividends credited or paid in cash to mem bers during the year on other shares, $4,135.40; rate, 4 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured durin g the year, $19,572.90. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid during the year, $879.49. U npaid, none. N o prem ium plan. Interest paid by borrow in g members, 4% per f per cent., 5 % per cent, and 6 per cent. N o prem ium charged. Loans have been made in Greene county, N ew Y ork State. L argest m ortgage loan outstnding, $9,500. M ortgages in force in N ew Y o rk State, $154(7*5C One foreclosure during the year. 142 R eport on Savings and L oan A ssociations HERKIMER COUNTY FRANKFORT SAYINGS AND LOAN ASSOCIATION N o. 40 Litchfield street, F ran k fort, N . Y . [Organized under Law o f 1910. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1912] Names SEYMOUR S. RICHARDS H. SEYMOUR GUTMAN.. GEORGE S. ALLEN......... WILLIAM E. FARRELL. Post-office addresses Frankfort, N. Y. Frankfort, N. Y. Frankfort, N. Y. Frankfort, N. Y. ASSETS L oans on bond and m ortg a g e................................................................. Loans on shares ...................................... .................................................. Cash on hand and in b a n k ................................................................... F u rn itu re and fixtu res.......................................................................... $ 4 0 ,8 0 0 405 301 171 00 00 22 50 $41,6 7 7 72 LIABILITIES D ue shareholders, d u es............................................................................ D ue shareholders, dividends cred ited .................................................... B orrow ed m oney ................................................................................ U ndivided profits ................................................................................. G uaran ty fund (a s per section 392 o f Banking L a w ) .................. $35,7 1 6 2 ,6 4 9 1 ,7 0 0 1,238 372 95 83 00 76 18 $41,6 7 7 72 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. D ues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Fees reeeivefi .............................................................................................. Fines received .............................................................................................. In terest received .......................................................... •........................ , $469 57 25 ,78 7 35 6 ,3 0 0 00 4 ,5 0 0 00 74 30 4 72 2 ,2 8 2 43 $39,4 1 8 37 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ....................................................................................... Dues repaid on w ithdraw al, o r applied on lo a n s ........... ................. D ividends pa id on w ithdraw al, o r applied on lo a n s ...................... P a id borrow ed m oney and p rior m ortga ges.................................... P a id interest on borrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge........... ................................. P aid rent ...................................................................................................... P a id banking departm ent, exam ination ............................................. P aid banking departm ent, assessm ent............................................... A dvances fo r in s u r a n c e ............................... * .......................................... Cash on hand Decem ber 31, 1915.......................................................... $ 1 6 ,0 2 5 00 280 00 17,379 58 341 03 4 ,6 0 0 00 116 96 280 00 53 24 13 34 22 50 313 2 37 301 22 $ 39,418 37 P lan , serial. cents weekly. P a r value o f shares, $100. Instalm ents are 10 cents and 25 H erkimer, County 143 Shares in fo rce Janu ary 1, 1915, 1,954; shares issued during the year, 7 43; shares w ithdraw n during the year, 4 5 1 ; shares in force, 2,246. B orrow ing mem bers, 37, holding 427 shares; non-borrow ing members, 223, h oldin g 1,819 shares. Fem ale shareholders, 68, holding 392 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,452.71; rate, 6 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g th e year, $348.95. U npaid, none. Prem ium plan, instalm ent. . In terest paid b y borrow in g members, 10 cents per share per week. Prem ium paid b y borrow ing members, 2 cents per share per week. Loans have been made in H erkim er county, New Y ork State. Largest m ort gage loan outstanding, $2,500. M ortgages in force in New Y ork State, $40,800. N o foreclosures during th e year. HERKIMER CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 147 N orth M ain street, H erkim er, N. Y . [Organized under Law ot 1804. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1898] Post-office addresses CHARLES STEWART.................................. Herkimer, N. Y. CLARENCE B. ROOT................................... Herkimer, N. Y. CLARENCE A. McCREERY......................... Herkimer, N. Y. JAMES H. FAGAN........................................ Herkimer, N. Y. Names ASSETS Loans on bond and m o r t g a g e ................................................................. Loans on shares ......................................................................................... Cash on hand and in b a n k ..................................................................... Furniture and fixtu res................................................... .......................... Interest, premium, fees and fines due and u n p a id ......................... Advances fo r taxes, insurance, e t c ..................................................... $ 1 13,550 740 1,9 05 180 561 62 00 00 33 00 50 10 $116,998 93 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends cred ited ................................................. Borrowed m oney ............................................................ .......................... Undivided profits ....................................................................................... G uaranty fund (a s per section 392 o f B anking L a w ) .................. $102,324 10,244 1 ,0 0 0 2 ,2 5 2 1,177 14 92 00 37 50 $116,998 93 RECEIPTS Cash on hand J anu ary 1, 1915.............................................................. Dues credited t o m em bers............................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta te .. Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... D ividends retained on w ith draw a ls................................................... $2,475 55,269 5 ,250 6 ,1 5 0 1,289 80 76 4 ,9 0 8 74 89 00 00 00 00 05 48 01 12 $75,572 55 144 R eport on Savings and L oan A ssociations DISBURSEMENTS Loaned o n m o rtg a g e......................................................................... Loaned on s h a r e s ....................................................................................... B u m rep aid mi w ithdraw al, or applied on lo a n s ........................... D ividends paid on w ithdraw al, o r applied on lo a n s ................ . . . . P a id borrow ed m oney and p rior m ortga ges.................................... P a id in terest on borrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................. P a id banking departm ent, exa m in a tion ........................ P a id banking departm ent, assessm ent............................................... State League du es........................................................................... A p p r a is a ls ...................................................................................................... R e c o r d in g ........................................................................................................ A t t o r n e y .......................................................................................................... F u rn itu re and fixtures ............................................................................ Insurance o n fu rn itu re and fixtu res...................................................... S afe deposit v a u lt ................................................................................... Cash o n hand Decem ber 31, 1915.......................................................... $ 3 3 ,7 0 0 1 ,0 89 3 3 ,0 3 8 5 12 4 ,2 5 0 156 600 21 22 7 4 10 35 3 190 2 5 1,9 06 00 00 38 48 00 34 00 90 50 34 00 75 50 25 50 28 00 33 $75,5 7 2 55 P lan , permanent. P a r valu e o f shares, $100. Instalm ents are 15 cents weekly. Shares in fo rce Ja n u a ry 1, 1915, 6,058 j shares issued du rin g th e year, 1,601; shares w ithdraw n du rin g th e year, 5 8 5 ; shares in force, 7,074. B or row in g members, 67, holdin g 990 shares; non-borrow ing mem bers, 479, holdin g 6,084 shares. Fem ale shareholders, 180, h oldin g 1,861 shares. T ota l dividends cred ited mem bers durin g the year on instalm ent shares, $3,612.04; rate, 5 per cent. T o ta l dividends credited or pa id in cash to mem bers du rin th e yea r on oth er shares, $404.69; rate, 4 per cent, and 5 per cent. N o unpaid w ithdraw als. Entrance fee, 5 cents per share. O perating ex penses, a s defined in section 390 o f th e B anking L aw , incurred and paid d u rin g the year, $891.18. U npaid, none. N o prem ium plan. In terest pa id b y borrrow in g mem bers, 5 % per cent, on m ortgage lo a n s ; 6 per cent, on share loans. N o prem ium charged. Loans have been made in H erkim er eounty, N ew Y ork State. Largest m ort gage loan outstanding, $6,250. M ortgages in force in N ew Y ork S tate, $113,550. N o foreclosures du rin g the year. ILION PERMANENT SAVING, BUILDING AND LOAN ASSOCIATION N o. 10 E ast M ain street, Ilion , N. Y . [Organized under Law of 1851. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1888] Names Post-office addresses S. T. RUSSELL...................................................... Ilion, N. Y. W. H. GRIMSHAW................................................ Ilion, N. Y. JOHN A. GIBfLIN.................................................. Ilion, N. Y. JAMBS CONKLING................................................ Ilion, N. Y. ASSETS Loans on bond and m ortg a g e................................................................. R eal estate .................................................................................................. Cash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ Interest accrued ....................................................................................... $574,615 6, 800 2 2 ,83 9 260 187 00 00 25 00 00 $604,701 25 H ERKIM ER COUNTY INABILITIES D ue shareholders, dues ............................................................................ U ndivided profits ....................................................................................... G uaranty fu n d (a s per section 392 o f B anking L a w ) ................ Unearned o r rebatable prem iu m ............................................................ 145 $559, 312 11,581 12 ,41 0 2 1 ,39 6 81 92 00 52 $604, 701 25 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real esta te. . R eal estate sold ......................................................................................... Fees received ............................................................ Fines received .............................................................................................. Interest received ..................................................................... ................. Prem ium received ..................................................................................... School bonds ................................................................................................ $18,946 254,5 2 3 107, 547 200 489 299 28, 218 7 ,475 13, 500 85 14 97 00 20 19 56 00 00 $431,199 91 DISBU RSEM EN TS Loaned on m ortgage ................................................................................. $156,975 00 Dues repaid on w ithdraw al, or a pp lied on lo a n s ........................... 2 4 5 ,1 7 5 71 P a id salaries and c le r k - h ir e ............................................................................ 2, 236 05 P a id advertising, printing and p o s t a g e ............................................. 50 60 P aid ren t ..................................................................................................... 240 00 P aid repairs to real estate ................................................................... 83 57 P aid taxes, insurance, etc......................................................................... 449 46 P aid banking departm ent, exam in ation ........................................... 59 00 P aid banking departm ent, a s s e s s m e n t............................................... 41 08 Officers’ bonds .............................................................................................. 24 00 State League dues and expenses .......................................................... 57 04 M ortgage ta x .............................................................................................. 779 50 Rebates on p r e m iu m s ................................................................................ 2 ,0 6 3 65 A u d itors ................................................. ’.................................................... 40 00 Sa tisfyin g m ortgages .............................................................................. 69 25 W ateliman .................................................................................................... 10 00 Insurance on furn itu re .......................................................................... 675 Cash on hand December 31, 1915.......................................................... 2 2 ,83 9 25 $431,199 91 Plan, permanent. P ar value o f shares, $105. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 18,099; shares issued du rin g the year, 4,795; shares w ithdraw n during the year, 2,438; shares in foree, 20,456. B orrow in g members, 375, h oldin g 5,072 shares; non-borrow ing members, 1.378, holdin g 15,384 shares. Fem ale shareholders, 689, h oldin g 6,268 shares. T o ta l dividends credited members during the year on instalm ent shares, $21,322.39; rate, 5 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. Operating expenses, as defined in section 390 o f th e Banking Law , incurred and paid during the year, $2,664.44. Unpaid, none. Prem ium plan, gross. Interest paid b y borrow in g members, 5 per cent. Prem ium paid by b orrow in g members, $5 per share. Loans have been made in H erkim er eounty, New Y ork State. Largest m ort gage loan outstanding, $5,250. M ortgages in force in N ew Y ork State, $574,615. N o foreclosures du rin g the year. 146 R epost oh S avings and L oan A ssociations LITTLE FALLS BUILDING, SAVINGS AND LOAN ASSOCIATION N o. 601 E ast M ain street, L ittle F alls, N. Y . [Organized under Law o f 1910. Commenced business 1913] Officers Names Post-office addresses President..................... PRANK SENIOR......................................... Little Falls,N.Y. Little Palls,N.Y. Secretary..................... EDWARD H. KINGSBURY...................... Treasurer................... JOHN O’ ROURKE....................................... Little Palls,N.Y. Attorney.........................W. EARL WARD.......................................... Little Palls,N.Y. ASSETS Loans on bond and m ortg a g e................................................................. Loans on shares .......................................................................................... Cash on hand and in b a n k ................................................................... $ 2 6 ,2 3 0 00 115 00 610 95 $26,9 5 5 95 LIABILITIES D ue shareholders, dues .......................................... D ue shareholders, dividends credited .................... B orrow ed m oney ................................................... U ndivided profits .................................................................................... G uaran ty fu n d {a s per section 392 o f Banking L a w ) .................. A tto rn e y ’s fees ............................................................................................ $ 2 5 ,3 1 4 533 400 627 40 40 50 31 00 91 23 00 $ 26,955 95 RECEIPTS Cash on hand Janu ary 1, 1915 .......................................................... D ues credited to members ..................................................................... M oney borrow ed ....................................................................................... M ortgages redeemed, foreclosed o r transferred to real esta te. . Loans on shares r e p a i d ............................................................................ Fees received .............................................................................................. Fines received ............................................................................................ Interest r e c e iv e d .......................................................................................... D ividends retained on w ithdraw als .................................................... $338 15 18,629 75 2 ,2 0 0 00 370 00 289 00 69 60 51 57 1 ,227 66 5 90 $23,181 63 DISBURSEMENTS Loaned on m ortgage ................................................................................. Loaned on s h a r e s ....................................................................................... D ues repaid on w ithdraw al, o r applied on lo a n s ........................... D ividends paid on w ithdraw al, or applied on lo a n s ................... P a id borrow ed m oney and p rior m ortgages ................................ P a id interest on borrow ed m oney and p rior m o r t g a g e s .............. P a id salaries and c le r k - h ir e ................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, a s s e s s m e n t............................................... B ooks, stationery, etc.................................................................................. Cash on hand December 31, 1 9 1 5 ........................................................ $ 1 0 ,3 5 0 174 8 ,3 0 2 59 3 ,4 0 0 68 150 22 2 40 610 00 00 75 78 00 73 00 50 20 72 95 $23,181 61 P lan, permanent. P a r value o f shares, $100. Instalm ents are 25 cent# w eekly. Shares in fo rce Janu ary 1, 1915, 1,304; shares issued du rin g the year, 6 9 6 ; shares w ithdraw n d u rin g th e year, 3 99; shares in force, 1,601. B orrow in g m em bers, 9, holdin g 162 shares; n on-borrow ing members, 273, holding 1,439 shares. Fem ale shareholders, 72, h oldin g 318 shares. T ota l dividends 147 J efferson € ounty credited mem bers du rin g the year o n instalm ent shares, $303.16; rate, 5 per cent. E ntrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid d u rin g the year, $190.72. Oper a tin g expenses, as defined in section 390 o f the B anking Law , incurred during the yea r and rem aining unpaid, $40. Prem ium plan, instalm ent. Interest paid by b orrow in g members, 5 % per cent. N o prem ium charged. Loans have been made in H erkim er county, New Y ork State. Largest m ortgage loan outstanding, $4,800. M ortgages in force in N ew Y ork State, $26,230. N o foreclosures during th e year. JEFFERSON COUNTY CARTHAGE SAVINGS, LOAN AND BUILDING ASSOCIATION N o. 8 Strickland Building, So. M echanic street, Carthage, N. Y. [Organized under Law of 1881. Commenced business 1889] Officers Names Post-office addresses President....................... C. E. FRANCIS............................ Carthage. N. Y. Secretary....................... W, W. SW EET........................................... Carthage, N. Y. Treasurer...................... F. W. CORURN............................. Carthage, N. Y. Attorney..................... W. A. PORTER................................................... Carthage, N. Y. ASSETS Loans on bond and m ortgage .............................................................. lo a n s on shares ......................................................................................... Cash on hand and in bank ................................................................... Furn itu re and fixtures ............................................................................ $279, 703 5, 866 7, 818 1 ,2 0 0 50 00 11 00 $294,577 61 L IA B IL IT IE S Due shareholders, d u e s ............................................................................ Due shareholders, m atured shares ................................................... Due shareholders, dividends c r e d it e d ................................................. Undivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f B anking L a w ) .................. $234,286 26, 900 17,669 11, 553 4 ,167 93 00 78 90 00 $294,577 61 RECEIPTS Cash on hand Janu ary 1, 1915 ............................................................ Dues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta t e .. Loans on shares repaid .......................................................................... Interest received ....................................................................................... Prem ium received ..................................................................................... D ividends retained on w ithdraw als ................................................... $4, 20690,249 15, 870 5 ,4 1 4 14,030 513 223 0® 62 00 00 73* 04 44 $130,506 88 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares .................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ......................... P aid m atured shares ................................................................................ Dividends paid on w ithdraw al, or applied on l o a n s .................. $45,255 3 ,9 55 56,167 5 ,295 7, 822 00 00 45 28 73 148 R eport oh Savings and L oan A ssociations Cash dividends p a id on incom e and accum ulative prepaid shares ......................................................................................................... P a id salaries a n d c le r k - h i r e ................................................................... P a id advertising, p rin tin g and p o s t a g e ............................................. P a id ren t ..................................................................................., ................. P a id banking departm ent, exam ination ........................................... P a id banking departm ent, a s s e s s m e n t............................................... A dvances lo r in s u r a n c e ............................................................................ Btate League dues ..................................................................................... M ortgage ta x .............................................................................................. L i g h t i n g .......................................................................................................... Cash on hand December 31, 1915 ........................................................ $1 ,99 1 1 ,623 126 2 50 37 19 10 8 211 15 7 ,8 1 8 47 00 55 00 OO 64 30 00 50 851 ll1 $130,506 88 P lan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents and 25 cents weekly. Shares in force January 1, 1915, 1,333; shares issued during the year, 560; shares w ithdraw n durin g the year, 2 9 1 ; shares in force, 1,602. B orrow in g members, 102, holdin g 456 shares; non-borrow ing members, 249, holding, 1,146 shares. Fem ale shareholders, 100, h olding 348 shares. T o ta l dividend# cred ited mem bers d u rin g the yea r on instalm ent shares, $6,179.82; rate, 4 % p er cent, and 6 % per cent. T ota l dividends cred ited o r paid in cash t<* members du rin g the year on other shares, $4,989.69; rate, 4 per cent. N o u npaid w ithdraw als. A m oun t o f shares m atured durin g th e year, $10,155.07. Operating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $1,933.70. U npaid, none. N o prem ium plan. Interest paid b y borrow in g members, 6 per cent. N o prem ium charged. Loans have been made in Jefferson and Lew is counties, N ew Y o rk State, la r g e s t m ortgage loan outstanding, $7,000. M ortgages in force in N ew Y ork State, $279,703.50. N o foreclosures during the year. WATERTOWN SAVINGS, LOAN AND BUILDING ASSOCIATION N o. 3 Flow er block, W atertow n, N . Y . [Organized under Law o f 1851. Commenced business 1888] Officers President..................... Secretary..................... Treasurer................... Attorney..................... Names WILLIAM H. MOORE............................ WILLIAM J. SHEPARD....................... WILLIAM J. SHEPARD....................... JOSEPH ATWELL ........... ................... Post-office addresses 287 Mullin Street. 232 Stone Street. 232 Stone Street. 122 Winslow Street. ASSETS Loans on bond and m o r t g a g e ......... I ............. Loans on shares ............................................... C on tracts fo r the sale o f real e s t a t e ......... R eal estate .......................................................... Cash on hand and in bank ........................... F u rn itu re and f i x t u r e s .................................... Advances fo r taxes, insurance, etc............... $271,017 11,243 7 ,7 9 4 6 ,5 9 4 3 ,7 5 3 591 48 76 00 08 01 00 03 45 $301,041 33 LIABILITIES Due shareholders, dues ............................................................................ D ue shareholders, dividends c r e d i t e d ................................................. Undivided profits ..................................................................................... $237, 577 79 42 ,40 1 98 14 ,59 4 93 J efferson County G uaranty fu n d (a s per section 392 o f Banking L a w ) ................ A ttorn ey’s fees ............................................................................................ 149 $ 6 ,1 9 6 81 269 82 $361,041 33 RECEIPTS Cash on hand Janu ary 1, 1 9 1 3 ............................................................ D ues credited to members ..................................................................... M ortgages redeemed, foreclosed or transferred t o real esta te. . Loans on shares r e p a i d ............................................................................ Fees received .............................................................................................. Fines received .............................................................................................. Interest received ....................................................................................... K ent received .............................................................................................. D ividends retained on w ithdraw als .................................................... Advances repaid ......................................................................................... Keal estate con tracts .............................................................................. D eficiency judgm ent ................................................................................ $2,693 92 82,343 10 29, 860 00 12,214 00 30 50 97 47 18,849 04 556 85 506 81' 55 85 135 22 50 00 $147, 396 76 DISBURSEMENTS Loaned on mortgage .......................................................................... Loaned on shares ............................................................................... Dues repaid on withdrawal, or applied on l o a n s ....................... Paid matured shares .......................................................................... Dividends paid on withdrawal, or applied on l o a n s ................. Cash dividends paid on income and accumulative prepaid shares . . ........................................................................................... Paid for real estate ............................................................................. Paid salaries and clerk -h ire.............................................................. Paid advertising, printing and p o s ta g e ......................................... Paid rent .............................................................................. Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination .................................... Paid banking department, assessm ent........................................... Advances for taxes, insurance, etc................................................... State League dues and ex pen ses...................................................... Mortgage taxes ................................................................................... Foreclosure expenses .......................................................................... Legal services ....................................................................................... Office repairs ......................................................................................... Office supplies ....................................................................................... Cleaning ................................................................................................. Telephone ............................................................................................. Insurance on furniture and fixtures .............................................. Agents’ commissions .......................................................................... G a s ........................................................................................................... Cash on hand December 31, 1915 .................................................... $45,570 13,633 48,069 21, 434 7, 594 00 00 27 04 03 343 3,183 1,600 184 75 222 745 44 20 108 29 207 485 15 15 15 8 19 5 10 2 3, 753 00 73 00 38 00 34 90 50 88 43 38 50 50 00 02 71 93 76 15 33 96 00 $147,396 70 Plan, permanent. P ar value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force January 1, 1915, 1 1 ,8 1 8 % ; shares issued du rin g the year, 3,458; shares w ithdraw n during the year, 2 ,6 6 7 % ; shares in force, 12,609; B orrow ing members, 326, holding 2,378 shares; non-borrow ing members, 994, holding 10,231 shares. Female shareholders, 598, holdin g 5,398 shares.' T ota l dividends credited members during the year on instalm ent shares,; $13,584.69; rate, 7 per cent. T ota l dividends credited o r pa id in cash to members du rin g the year on oth er shares, $1,363.07; rate, 4 per cent, a n d 4 ya per cent. 150 R eport oh Savings and L oan A ssociations N o unpaid w ithdraw als. A m ou n t o f shares m atured durin g th e year, $21,434.04. M em bership fee, 25 cents. O perating (expenses, as defined i d section 390 o f the Banking JLa w , incurred and p a id du rin g th e year, $1,966.62. Unpaid, none. Prem ium plan, prem ium -interest. In terest pa id by borrow ing mem bers, 5 % per cent. Prem ium pa id b y borrow in g mem bers, 2.08 per emit. Loans have been made in Jefferson cou nty, N ew Y ork State. L a rg est m ortgage loan outstanding, $10,000. M ortgages in force in N ew Y o r k State, $271,017.76. T w o foreclosures d u rin g th e year. KINGS COUNTY ATLANTIC SAVINGS AND LOAN ASSOCIATION N o. 321 C ou rt Street, B rooklyn, N. Y . I Organized under Law o f 1887. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1888. Reorganized under Law of 1892] Names Post-office addresses JOHN J. P. FAGAN...................................... 321 Court Street. THOMAS J. SKTJSE...................................... 321 Court Street. JOHN A. LAWLEiR........................................ 321 Court Street. CHARLES A. W E B B E R ............................. 4 4 Court Street. ASSETS L oan s on bond and m ortgage ............................................................... $ 1 ,2 1 4 , 960 L oan s on shares ..................................................................................... 1 6 ,6 0 0 Shares o f Land Bank o f S tate o f New Y o r k .................................... 5 ,0 0 0 C ontracts fo r the sale o f real e s t a t e ................................................. 1 ,7 0 0 B eal estate .................................................................................................. 1 1 ,60 0 Cash on hand and in bank ................................................................... 1 09,042 1, 375 F u rn itu re and fixtures ................................................................... .. Interest, prem ium , fees and fines due and u n p a i d ...................... 754 OO OO 00 00 00 8? 00 90 $ 1 ,3 6 0 ,9 2 2 7 * L IA B IL IT IE S D ue shareholders, dues ............................................................................ $ 1 ,2 3 4 ,2 0 8 D ue shareholders, dividends credited ............................................... 3 6 ,21 6 P r io r m ortgages ..................................... 5 ,0 0 0 Undivided profits ................................................................................... 4 2 ,9 7 3 G uaran ty fun d (a s per section 392 o f Banking L a w ) ................ 29, 654 M a tu rity fund .......................................................................................... 12 ,87 0 34 40 00 33| 13 57! $1, 360, 922 77* R E C E IP T S Cash on hand Janu ary 1, 1915............................................................ Dues credited t o m em bers........................................................................ P r io r m ortgages ......................................................................................... M ortgages redeemed,foreclosed o r transferred to real e s t a t e .. L oans on shares re p a id ............................................................................ R eal estate sold ......................................................................................... In terest received ......................................................................................... B en t received .............................................................................................. L oa n deposits .............................................................................................. $ 7 7 ,3 0 0 342, 856 700 117,7 0 0 2 3 ,8 5 0 5 ,3 4 9 56. 675 576 5. 350 99 55' 00 00 00 55 74 15 00 $630, 358 98 DISBU RSEM EN TS Loaned on m ortgage ................................................................................. Loaned on shares . . . . 1............................................................................ Dues repaid on w ithdraw al, o r applied on lo a n s ........................... $89, 300 00 2 1 ,50 0 00 285, 573 24, K ings County P aid m atured shares ................................................................................ Cash dividends pa id on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P aid borrow ed m oney and p rior m ortgages.................................... P aid interest on borrow ed m oney and p rio r m ortga ges.............. P a id fo r real esta te.................................................................................. P aid salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta ge............................................. Paid’ banking departm ent, exa m in a tion ........................................... P a id banking departm ent, assessm ent............................................... Loan deposits ........................................ Shares o f l a n d L a n k ................................................................................ Reserve fund ................................................................................................ M a tu rity fun d ........................................................................................... .Expenses o f A tla n tic B u ild in g .............................................................. General expenses ....................................................................................... Cash on hand December 31, 1915.......................................................... 151 $84, 952 54 2 ,7 37 9 ,2 0 0 647 2 ,8 4 9 4 ,8 5 2 439 80 97 5 ,3 5 0 5 ,0 0 0 3 ,6 6 6 2 ,5 9 6 473 2 ,001 109,042 41 00 40 55 00 80 00 20 00 00 17 17 36 27 87 $630,358 98 Plan, permanent. P a r value o f shares, $100 and $200. Instalm ents are $1 m onthly. Shares in force January 1, 1915, 3 7 ,1 8 4 % ; shares issued during the year, 5 ,3 6 1 % ; shares w ithdraw n durin g the year, 2,091; shares in force, 40,455. Borrow ing members, 697, holding 6,240% shares; non-borrow ing members, 2,700, h olding 34,214% shares. Female shareholders, 1,425, holdin g 15,050 shares. T otal dividends credited members during the year on instalm ent shares, $15,093.15; rate, 4 % per cent, and 5 % per cent. T otal dividends credited or paid in cash to members during the year on other shares, $23,860.66; rate, 4 per cent., 4 % per cent, and 4 % per eent. N o unpaid w ithdraw als. A m ount o f shares m atured during the year, $84,952.54. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid during the year, $7,293.07. U npaid, none. N o prem ium plan. Interest paid by borrow ing members, 5 per cent., 5 % per cent, and 6 per eent. N o premium charged. Loans have been made in K ings, Nassau, New Y ork, Queens, Richm ond, Suffolk and W estchester counties, New ¥ork State, and in N ew Jersey. Largest m ortgage loan outstanding, $10,000. M ortgages in force in New ¥ork State, $1,212,650. One foreclosure during the year. BAY RIDGE SAVINGS AND LOAN ASSOCIATION No. 7416 T hird avenue, B rooklyn, N. Y. [Organized, Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law of 1851. Commenced business 1887] Names Post-office addresses WILLIAM B. HATFIELD.............. 317 Ninety-third Street. HARRY H. OATES........................ Sedgwick Place JAMES RUDDIMAN...................... Senator Street. WALTER L. DURACK.................. 215 Montague Street. ASSETS Loans on bond and m ortg a g e................................................................. Shares o f Land Bank o f State o f N ew Y o r k .................................... Real estate .................................................................................................. Gash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ $114,900 1 ,0 0 0 8 ,8 90 2 ,5 88 32 00* 00> 70* 69 00< $127,411 39 152 R eport on Savings and L oan A ssociations LIABILITIES D ue shareholders, d u e s ............................................................................ D u e shareholders, dividends cred ited ................................................. U ndivided profits ..................................................................................... G u a ra n ty fund (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem iu m .......................................................... $10 6,1 4 6 14,182 1 ,5 06 5 ,5 01 15 20 20 18 81 00 $127,411 30 RECEIPTS Cash on hand Ja n u a ry 1, 1915............................................................... D ues credited to m em bers........................................................................ M on ey b o r r o w e d ........... .............................................................................. M ortgages redeemed, foreclosed o r transferred t o real e s t a t e .. In terest received ....................................................................................... Prem ium received ..................................................................................... K ent received .............................................................................................. $634 2 9 ,0 9 9 5 ,0 0 0 1 3 ,2 5 0 6 ,3 3 3 458 371 66 11 00 00 75* 95 52 $55,147 99 DISBURSEMENTS Loaned on m o r t g a g e ................ . .............................................................. D ues repaid on w ithdraw al, o r applied on l o a n s . . . ..................... D ividends pa id on w ith draw al, o r applied on lo a n s .................... Cash dividends pa id on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P a id borrow ed m oney and p rio r m ortga ges.................................... P a id interest o n borrow ed m oney and p rior m ortga ges.............. P a id salaries and c le r k - h ir e ............................................................... P a id advertising, p rin tin g and p osta ge............................................. P a id rent ....................................................................................................... P a id repairs t o real esta te...................................................................... P a id taxes, insurance, e t c ........................................................................ P a id banking departm ent, exa m in a tion ........................................... P a id banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. State League dues and expenses.......................................................... Shares o f Land B a n k ................................................................................. T ravelin g expenses ................................................................................... Cash on hand Decem ber 31, 1915........................................................ $ 1 0 ,6 0 0 0 0 2 7 ,3 9 5 08 5 ,3 3 4 6b 2 ,0 1 4 5 ,0 0 0 94 608 148 130 7 155 19 10 10 15 1 ,0 0 0 15 2 ,5 8 8 48 00 17 (XI 90 61 79 94 50 01 00 25 00 00 69 $55,1 4 7 99 Plan, permanent. P a r value o f shares, $100 and $250. Instalm ents are 50 cents m onthly. Shares in force Janu ary 1, 1915, 1,736; shares issued during th e year, 4 9 3 ; shares w ith draw n du rin g the year, 2 3 9 ; shares in force, 1,990. B orrow in g mem bers, 49, holding 1,149 shares; non-borrow ing members, 248, h oldin g 841 shares. Fem ale shareholders, 116, h oldin g 1,990 shares. T ota l div i dends credited members du rin g the year on instalm ent shares, $3,192.98; rate, 5 per cent. T ota l dividends credited o r pa id in cash to members during the year on oth er shares, $2,014.48; rate, 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f th e Banking Law , incurred and paid during the year, $927.76. U npaid, none. Prem ium plan, installm ent. In terest paid b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 1 per cent. L oan s have been m ade in K in gs and Queens counties, N ew Y o rk State. L argest m ortgage loan outstanding, $9,000. M ortgages in force in N ew Y ork State, $114,900. N o foreclosures du rin g the year. 153 K ings County BEDFORD CO-OPERATIVE BUILDING LOAN ASSOCIATION N o. 1646 Fulton street, B rooklyn, N. Y . [Organized under Law of 1851. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1888] Names CHARLES KAISER.................. EDWIN P. HOWELL................. THOMAS POWDERLY............. MARTIN S. COHEN.................. Post-office addresses 1273Jefferson Avenue. 9 Arlington Place. 190 Albany Avenue. 302 Broadway, New York. ASSETS Loans on bond and m ortg a g e................................................................. Loans on shares............................................................................................ Shares o f Land Bank o f State o f New Y o r k .................................... R eal estate .................................................................................................. Cash on hand and in bank....................................................................... Advances fo r taxes, insurance, e t c ...................................................... $114,648 950 5 ,0 0 0 4 ,0 0 0 3,9 59 583 66 00 00 00 28 33 $129,141 27 LIABILITIES Dues shareholders, dues ................................................................ D ue shareholders, dividends cred ited ................................................. Balance to be paid borrow ers on m ortgage lo a n s .......................... Borrow ed m o n e y ......................................................................................... Undivided profits ....................................................................................... G uaranty fun d (as per section 392 o f Banking L a w ) .................. M a tu rity fund ............................................................................................ $97,693 14,171 44 6 ,5 0 0 3 ,2 4 2 6 ,0 0 0 1,489 93 54 00 00 70 00 04 $129,141 27 RECEIPTS Cash o n hand Janu ary 1, 1915............................................................... Dues credited to m em bers..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id ............................................................................ Interest received ....................................................................................... R en t r e c e iv e d ................................................................................................ Advances repaid ......................................................................................... M iscellaneous item s ................................................................................... $9 ,66 8 65 26,081 2 9 9 ,0 0 0 00 13,038 41 540 00 7,359 93 84 00 980 51 191 55 $66,9 4 4 30 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ..................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ......................... D ividends pa id on w ithdraw al, or applied on lo a n s .................... Cash dividends paid on income and accum ulative prepaid s h a r e s .......................................................................................................... P aid borrow ed m oney and prior m ortga ges...................................... P aid interest on borrow ed m oney and prior m ortga ges.............. P aid salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................. P aid repairs t o real esta te..................................................................... P a id taxes, insurance, e t c .- .................................................................... P aid banking departm ent, exam in ation .......................................... P aid banking departm ent, a s se s s m e n t............................................ Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ..................................................... $19,535 1 ,1 8 0 22 ,91 6 2 ,5 7 8 83 00 05 13 944 8 ,0 0 0 352 734 88 44 84 51 9 14 1,221 76 00 90 00 92 25 99 50' 86 00 00 154 R eport of S avings and L oan A ssociations Shares o f L and B a n k ................................................................................. M a tu rity fu n d ............................................................................................ M iscellaneous expenses ............................................................................ Cash on hand Decem ber 31, 1915.......................................................... $ 5 ,00 0 87 140 3 ,9 5 9 00 9883 29 $66,9 4 4 30 Plan, permanent. P a r value o f shares, $100 and $200. Instalm ents are $1 m onthly. Shares in force J a n u a ry 1, 1915, 2,960; shares issued during the year, 82 6 ; shares w ithdraw n durin g th e year, 7 1 0 ; shares in foree, 3,076. B orrow in g mem bers, 80, h oldin g 672 shares; n on-borrow ing members, 317, holding 2,404 shares. Fem ale shareholders, 144, h oldin g 1,069 shares. T ota l dividends cred ited members du rin g the year on instalm ent shares, $4,117.71; rate, 6 per eent. T o ta l dividends credited o r pa id in cash to members du rin g the year on oth er shares, $1,413.68; rate, 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $977.77. U npaid, none. Prem ium plan, instalm ent. Interest paid b y b orrow in g members, 6 per cent. N o prem ium charged. L oan s have been made in B ronx, K in gs, Queens and Suffolk counties, New Y ork State. Largest m ortgage loan outstanding, $5,000. M ortgages in force in N ew Y ork State, $114,648.66. N o foreclosures du rin g the year. BROOKLYN AND NEW YORK ARCANUM BUILDING, LOAN AND SAVINGS ASSOCIATION N o. 9 Greene avenue, B rooklyn, N . Y. [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law of 1851. Commenced business 1885] Names Post-office addresses CHARLES A. LENT............... 90 William St., New York. J. ADDISON ROBB................. 482 Greene Ave., Brooklyn. J. ADDISON ROBB............ 482 Greene Ave., Brooklyn. I. N. SIEVW RIGHT................. 204 Montague St., Brooklyn. ASSETS Loans on bond and m o rtg a g e ................................................................. Loans on shares ....................................................................................... Cash on hand and in b a n k ..................................................................... F u rn itu re and fixtu res.............................................................................. In terest due and u n p a id ................................................ In terest accrued ......................................................................................... $ 8 1 ,2 0 0 2 ,3 0 2 3 ,1 3 5 52 216 61 00 00 14 90 76 88 $86,9 6 8 68 LIABILITIES D ue shareholders, d u e s .................................. D ue shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaran ty fund (a s per section 392 o f Banking L a w ) ................ M a tu rity reserve dividen ds..................................................................... Suspense accou nt ....................................... In terest pa id in advance.......................................................................... $72,996 5 ,7 4 7 3 ,9 79 1 ,838 1 ,4 7 0 900 36 11 32 34 47 54 90 00 $86,9 6 8 68 RECEIPTS Cash on hand January 1, 1915............................................................... Dues credited to m em bers........................................................................ M oney borrow ed ......................................................................................... $1 ,75 1 41 21 ,59 9 83 8 ,0 0 0 00 155 K ings County M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id ............................................................................ Fees received ................................................................................................ Fines received .............................................................................................. In terest received ....................................................................................... D ividends retained on w ith draw a ls................................................... L oan c h a r g e s ................................................................................................ Expenses returned ..................................................................................... $ 7 ,8 5 0 1,4 55 20 129 5 ,1 6 8 139 25 25 00 00 00 43 01 62 00 00 $46,163 30 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Loaned on shares....................................................................................... D ues repaid on w ithdraw al, or applied on lo a n s ........................... P a id m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends pa id on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rior m ortga ges.................................... P aid interest on borrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta ge..................................... P a id rent ....................................................................................................... P a id banking departm ent, exa m in a tion ........................................... P aid banking departm ent, assessm ent............................................... A u d i t i n g ......................................................................................................... Furn itu re an d fixtu res.............................................................................. Supplies and sundries ............................................................................ Cash on hand December 31, 1915.......................................................... $ 4 ,5 0 0 2 ,4 4 5 1 3 ,35 0 5 ,5 0 7 1,509 00 00 98 40 09 481 1 4,000 100 618 65 240 16 7 25 52 109 3 ,1 35 56 00 24 00 25 00 25 25 00 90 24 14 $46,163 30 Plan, permanent. P a r value o f shares, $100 and $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 1,681; shares issued during th e year, 3 7 1 % ; shares w ithdraw n du rin g the year, 3 4 7 % ; shares in force, 1,705. B orrow in g members, 35, h oldin g 4 7 5 % shares; non-borrow ing members, 158, holding 1,229% shares. Fem ale shareholders, 72, holding 488 shares. T ota l dividends credited members durin g the year on instalm ent shares, $2,462.64; rate, 5 per cent. T o ta l dividends credited o r paid in cash to members during the year on other shares, $481.56; rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $5,507.40. M em bership fee, $1. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $1,057.49. Unpaid, none. N o prem ium plan. Interest paid b y b orrow in g members, 6 per cent. N o prem ium ch a rg e!. Loans have been made in K in gs, Nassau, New Y ork, Queens and Suffolk counties, ,New Y ork State. Largest m ortgage loan outstanding, $10,000. M ortgages in force in N ew Y ork State, $81,200. N o foreclosures diiring the year. BROOKLYN CITY SAVINGS AND LOAN ASSOCIATION N o. 91 C ou rt street, B rooklyn, N. Y . [O rganized under Law o f 1851. Commenced business 1887] Officers Names Post-office addresses President..................... JOSEPH V. SCULLEY............................ 01 CourtStreet. Secretary.................... GEORGE A. ROSE................................... 01 CourtStreet. Treasurer................... THOM a S .T. KELLY 91 CourtStreet. Attorneys................... DELANEY & NIPER.............................. 189 Montague Street. 156 R eport of Savings and L oan A ssociations ASSETS L oans on bond and m ortg a g e................................................................. B locks and b on d s.......................................................................................... B eal e s t a t e ..................................................................................................... Cash on hand and in b a n k ........................................................................ F u rn itu re and fixtures ............................................................................ $563,425 4 ,5 9 0 3 0 ,3 5 0 19,881 500 00 00 00 62 00 $627,746 62 LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends cred ited ................................................. Undivided profits .............................................................................. G uaranty fu n d (a s per section 392 o f B anking L a w ) ................ Paym ents on term m ortg a g es................................................................. Suspense account ....................................................................................... $ 5 6 1,2 7 2 13,802 12 ,98 2 3 5 ,0 0 0 2 ,7 1 9 1 ,9 68 78 44 02 00 81 67 $627,746 62 RECEIPTS Cash on hand Ja n u a ry 1, 1915............................................................. D ues credited t o m em bers...................................................................... M oney borrow ed .......................................................................................... M ortgages redeemed, foreclosed o r tran sferred to real e s ta te .. B eal estate sold .......................................................................................... F ines received .............................................................................................. In terest received ........................................................................................ Prem iu m received ..................................................................................... B en t r e c e iv e d ................................................................................................ P aym ents on term m ortga ges................................................................. Stocks and b on d s.......................................................................................... In terest, prem ium , fees and fines dues and u n p a id ...................... M iscellaneous item s ................................................................................... $ 2 4 ,2 8 0 125,632 1 0 ,00 0 4 3 ,6 5 0 4 ,5 0 0 143 2 7 ,1 0 0 3 ,3 7 3 2 ,7 3 9 8 ,1 9 6 5 ,7 0 0 154 99 01 95 00 00 00 49 12 90 20 50 00 41 00 $255,569 58 DISBURSEMENTS L oaned on m ortgage ................................................................................... D ues rep aid on w ith draw al, o r applied on lo a n s ......................... D ividends pa id on w ith draw al, o r applied on lo a n s .................... Cash dividends pa id on incom e and accum ulative prepaid s h a r e s ........................................................................................................... P a id b orrow ed m oney and p r io r m ortga ges...................................... P a id interest on borrow ed m on ey and p rior m ortga ges................ P a id f o r real estate ................................................................................. P a id salaries and clerk -h ire................................................................. P a id advertising, p rin tin g and p o s t a g e ............................................ P a id ren t ....................................................................................................... P a id repairs t o real esta te...................................................................... P a id taxes, insurance, e t c ........................................................................ P a id bankin g departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... Paym ents on term m ortga ges................................................................. A p p r a is a ls ...................................................................................................... G eneral expenses ....................................................................................... S u n d r ie s .......................................................................................................... C a d i on hand December 31, 1915........................................................ $ 5 8 ,2 5 0 0 0 124,355 71 13,157 31 9 ,2 2 7 10 ,00 0 196 4 ,8 5 0 3 ,8 3 6 162 1 ,0 1 0 6?4 851 52 45 7 ,9 6 0 95 914 90 19,881 03 00 06 00 54 68 00 46 45 00 21 10 00 41 00 62 $255,569 58 Plan, perm anent. $1 m onthly. P a r valu e o f shares, $100 and $200. Instalm ents are 157 K ings County Shares in force J anu ary 1, 1915, 7,694 9 /2 0 ; shares issued du rin g the year, 1 ,1 6 1 % ; shares w ithdraw n during the year, 1,031; shares in foree, 7,824 7 /1 0 . B orrow in g members, 167, holdin g 1,833% shares; non-borrow ing members, 821, h oldin g 6 ,9 91 % shares. Fem ale shareholders, 442, holding 3,145 7 /1 0 shares. T o ta l dividends credited members during the year on instalm ent shares $12,523.82; rate, 5 per cent. T ota l dividends credited or paid on cash to mem bers du rin g the yea r on other shares, $10,505.65; rate, 4 % per cent, and 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid durin g the year, $5,919.63. L n pa id , none. Prem ium plan, prem ium -interest. In terest paid b y borrow in g members, 6 percent. N o prem ium charged. Loans have been made in K in gs, Nassau, New York, Queens, Richm ond and W estchester counties, N ew Y ork State and in New Jersey. L argest m ort gage loan outstanding, $8,000. M ortgages in force in New Y ork State, $561,925. T w o foreclosures du rin g the year. BROOKLYN MUTUAL BUILDING AND LOAN ASSOCIATION No. 526 N ostrand avenue, B rooklyn, N. Y. [Organized under Law of 1851. Commenced business 1883] Officers Names Post-office addresses President..................... F. P. WISEBURN................... 951 Lafayette Avenue. Secretary..................... EDWARD CROWN..................... 505 Lorimer Street. JOSEPH RODGERS................. 575 McDonough Street. Treasurer...................... Attorneys................... REMS-EN & PARSONS............ 60 Wall St., New York, N. Y. ASSETS Loans on bond and m ortg a g e................................................................. Loans on sh a res........................................................................................... Shares o f Land Bank o f State o f N ew Y o r k .................................... Real e s t a t e ..................................................................................................... Cash on hand and in b a n k ....................................................................... Furniture and f ix t u r e s .............................................................................. Interest, prem ium , fees and fines due and u n p a id ........................... A dvances fo r taxes, insurance, e t c ................................... $38,9^5 2 ,6 7 0 1,000 3 ,6 67 873 60 120 88 00 00 00 00 09 00 00 30 $47,403 39 D ue shareholders, Due shareholders, D ue shareholders, Undivided profits G uaran ty fun d (a s D eposits fo r taxes LIABILITIES d u es.................................... m atured shares........................................................ dividends cred ited ................................................... ...................................................................................... per section 392 o f B anking L a w ) .................. .................................................................................... $34,721 6 ,2 9 8 5 ,4 07 1 959 14 26 77 98 47 22 69 $ 47,403 39 I ? E C ' " ..... Cash on hand Janu ary 1, 1915.............................................................. Dues credited to m em bers......................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id ............................................................................ Fines received ............................................................................................. Interest received ......................................................................................... Rent received ................................................................................................ D ividends retained on w ithdraw als ................................................... Advances repaid ......................................................................................... Dividends accrued ..................................................................................... $ 2,042 12,441 4 , MO 1 ,6 0 0 3 ,4 2 0 48 2 ,4 9 3 250 63 195 92 41 00 00 00 56 56 00 34 61 38 $26,555 78 158 R eport on Savings and L oan A ssociations DISBURSEMENTS Loaned o n <shares ....................................................................................... D ues repaid on w ithdraw al, o r applied on lo a n s ............................. P a id m atured s h a r e s ................................................................................. D ividends pa id on w ith draw al, o r applied on lo a n s ...................... C ash dividends pa id on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rior m a rtga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire............................ P a id advertising, p rin tin g and p o sta g e ............................................... P a id rent ....................................................................................................... P a id repairs t o rea l esta te ..................................................................... P a id taxes, insurance, e t c .......................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent................................................. Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ........................................................ State and M etropolitan League d u e s .................................................... Shares o f L and B a n k ................................................................................... S a tisfa ction p i e c e ....................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $ 2 ,3 6 0 9 ,6 3 2 3 ,9 4 9 1,9 47 00 42 24 52 35 6 ,0 0 0 67 204 58 120 70 92 19 96 00 26 50 07 00 75 38 50 5® 00 68 00 00 85 09 4 8 100 9 1 ,0 0 0 2 873 $26,5 5 5 78 P lan , serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in fo rce Ja n u a ry 1, 1915, 7 8 1 % ; shares issued du rin g the year, 8 5 ; shares w ithdraw n du rin g the year, 1 5 6 % ; shares in force, 710. B orrow in g m em bers, 26, h oldin g 200 shares; n on-borrow ing mem bers, 105, h oldin g 510 shares, N o record o f fem ale shareholders. T ota l dividends credited members du rin g the year on instalm ent shares, $1,700.40; rate, 5 per cent. T ota l dividends credited o r pa id in cash to mem bers du rin g th e year on oth er shares, $83.24; rate, 5 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g th e year, $2,664.67. O perating expenses, as defined in section 390 o f th e B anking Law , in curred and paid during th e year, $402.42. U npaid, none. N o prem ium plan. Interest paid by b orrow in g members, 6 per cent. N o prem ium charged. Loans have been m ade in K in gs, Queens, R ichm ond and W estehester counties, N ew Y ork State. la r g e s t m ortgage loan ou tstan din g, $3,500. M ortgages in force in N ew Y o rk State, $38,925. N o foreclosures d u rin g the year. BBSHWICK CO-OPERATIYE BUILDING AND LOAN ASSOCIATION N o. 612 G rand street, B rooklyn, N. Y . [Organized Officers President..................... Secretary.................... Treasurer................... Attorney..................... under Law o f 1851. Commenced business 1888] Names Post-office addresses C. P. CANFIELD................................. 114McDonough Street. WILLIAM A. ERNST........................... 74 Van Buren Street. DANIEL CANTY................................. 134McDonough Street. J. P. JUDGE....................................... 189Montague Street. ASSETS Loans on bond and m o r t g a g e ........................... L oan s on s h a r e s ...................................................... Shares o f Land Bank o f State o f New Y ork R eal estate ............................................................... Cash on hand and in b a n k ................................ F u rn itu re and fixtures ...................................... A dvances fo r taxes, insurance, e t c .................. $129,300 00 1 ,7 2 5 00 1,000 00 2 0 ,47 9 5 ,5 7 5 350 36 69 48 00 95 $158,467 12 K ings County LIABILITIES Due shareholders, dues ............................................................................ U ndivided profits ....................................................................................... G uaranty fu n d (a s per section 392 o f B anking L a w ) .................. Suspense a ccou nt ....................................................................................... 159 $147,160 3 ,7 4 0 7 ,5 0 0 66 41 50 00 21 $158,467 IS RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited t o m e m b e r s ....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares r e p a i d ............................................................................ R eal estate sold ......................................................................................... Interest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... R en t r e c e iv e d ................................................................................................ A dvances repaid ......................................................................................... $5 ,35 2 2 4 ,76 2 12 ,50 0 2 1 ,4 0 0 2 ,0 8 5 519 8 ,1 9 6 977 921 297 12 32 00 00 50 68 76 10 90 22 $77,012 60 DISBURSEMENTS Loaned on mortgage ............................................................................. Loaned on shares ................................................................................. Dues repaid on withdrawal, or applied on lo a n s .......................... Paid matured s h a r e s .......................................................................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior m ortgages.. . . . . . . Paid for real e s t a t e ............................................................................ Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, ete.................................................................. Paid banking department, examination ....................................... Paid banking department, assessm ent........................................... Advances for taxes, insurances, ete.................................................. Shares of Land Bank............................................................................ Foreclosure c o s t s ................................................................................... Attorney’s fees ..................................................................................... Suspense account ................................................................................. General expen ses................................................................................... Cash on hand December 31, 1915...................................................... $3,700 2,435 27,265 3,000 00 50 21 00 1,041 41 17,500 00 189 17 10,350 00 2,160 56 46 77 420 00 274 57 1,011 81 29 25 12 68 290 11 1,000 00 408 92 52 00 3 85 245 31 5,575 48 $77,012 60 Plan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force January 1, 1915, 3,999; shares issued during the year, 581; shares w ithdraw n durin g the year, 553; shares in force, 4,027. B orrow in g members, 51, holding 831 shares; non-borrow ing members, 312, holding 3,196 shares. Fem ale shareholders, 109, holdin g 944 shares. T ota l dividends credited members during the year on instalm ent shares, $5,814.96; rate, 5 per cent. T o ta l dividends credited o r paid in cash t o members during the year on other shares, $1,041.41; rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $3,000. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $2,872.64. U npaid, none. 160 H eport oh Savings auto L oaf A ssociations Prem ium plan, instalm ent. Interest pa id by b orrow in g mem bers, 6 per cent. Prem ium paid by b orrow in g members, 6 7 /1 0 cents per share per month. Loans have been m ade in K in gs and Queens counties, N ew Y ork State. L argest m ortgage loan outstanding, $7,500. M ortgages in force in N ew Y ork S tate, $129,300. One foreclosure durin g the year. EAGLE SAVINGS AND LOAN COMPANY N o. 186 Remsen street, B rooklyn, N . Y . [Organized under Law o f 1851. Officers President............... Secretary..................... Treasurer................... Attorney..................... Commenced business 1891] Names WARD W. PICKARD................ WILLIAM H. GLUCK............. WILLIAM H. GLUCK............. ALMET REED LATSON___ Post-office addresses 186 Remsen Street. 186 Remsen Street. 186 Remsen Street. 55 John Street, N. Y. City. ASSETS Loans on bond and m o r t g a g e ......................... L oan s on shares ................................................. C ontracts fo r the sale o f real e sta te ........... R eal estate ............................................................ Cash on hand and in b a n k ............................. F u rn itu re and f i x t u r e s .................................... In terest and prem ium due and u n p a id ___ Advances fo r taxes, insurance, e t c ................ In divid u a l accounts ........................................... S pecial tru st funds ........................................... $ 2 ,0 9 0 ,9 7 3 2 3 ,1 1 5 1 0,470 332,821 3 0 ,24 6 2 ,5 0 0 17 ,35 0 8 ,4 7 5 2 ,5 4 6 170 92 19 27 04 70 00 46 96 67 95 $ 2 ,5 1 8 ,6 7 1 16 L IA B IL IT IE S D ue shareholders, dues ............................................................................ $ 2 ,1 0 1 ,7 8 2 D ue shareholders, dividends cred ited .................................................... 101,857 P r io r m ortgages ......................................................................................... 167,6 0 0 U ndivided profits ....................................................................................... 5 3 ,1 8 3 G u aran ty fund (as per section 392 o f Banking L a w ) .................. 5 ,1 1 4 85 ,41 9 Shareholders deduction account .......................................................... In terest accrued .......................................................................................... 1 ,715 Reserved fo r taxes ..................................................................................... 1 ,8 2 8 Special tru st f u n d s ..................................................................................... 170 39 05 00 15 78 SO 17 17 95 $ 2 ,5 1 8 ,6 7 1 16 R E C E IPTS Cash on hand Janu ary 1, 1915............................................................... D ues credited to m e m b e r s ....................................................................... P rio r m ortgages ......................................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Loans on shares r e p a i d ............................................................................ R ea l estate sold ......................................................................................... Fines received .............................................................................................. In terest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... R en t r e c e iv e d ................................................................................................ D ividends retained on w ith d ra w a ls................................. Advances rep aid ....................................................................................... In divid u a l accounts ................................................................................... R eal estate con tracts ................................................................................. C ertificates o f deposit ............................................................................... $46,931 145,671 8 ,5 7 5 7 5 ,00 0 926,591 15 ,33 2 102,477 744 111,705 7 ,2 6 3 18,615 11,064 2 0 ,3 8 6 19 ,02 5 13 ,51 6 19 ,25 4 12 85 00 00 95 24 85 78 97 97 98 65 99 70 43 04 K ings County Shareholders’ deduction account .......................................................... Legal expenses ........................................................................................... P rofit and loss ........................................................................................... 161 $ 9 7 ,5 6 2 37 621 68 7 ,3 69 66 $ 1 ,6 4 7 ,7 1 2 23 DISBURSEM ENTS Loaned on m o rtg a g e.................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s ........................................................................................................... P aid borrow ed m oney and p rior m o r t g a g e s .................................... P aid interest on borrow ed m oney and p rior m ortga ges.............. P a id fo r real e s t a t e .................................................................................. P a id salaries and clerk-h ire................................................................... P aid advertising, prin tin g and p osta g e............................................. $345,051 2 3 ,9 0 2 469,1 6 2 82,145 22 43 66 72 26,539 2 62,975 15.346 125,075 16,871 2 ,1 8 3 05 00 68 06 74 17 6,000 00 P aid repairs to real esta te .............................................. P a id taxes, insurance, e t c ................................................. P aid banking departm ent, exa m in a tion ................... P a id banking departm ent, assessment .................... Advances fo r taxes, insurance, e t c ............................. In dividual accounts ........................................................ R eal estate c o n t r a c t s ...................................................... Taxes on real estate and in terest............................. Recording, searching and bank exa m in a tion ......... . A ppraisals .......................................................................... D iscount on advanced paym ents.................................. A ttorn ey’s fees ................................................................. Internal revenue ............................................................... Certificates o f deposit ................................................... Shareholders deduction a c c o u n t .................................. D eferred dividend .......................................................... M ortgage t a x ..................................................................... Legal e x p e n s e s ................................................................... G uaranty fund to shareholders deduction account P rofit and loss to shareholders deduction account P rofit and loss ................................................................. Sundry expenses .............................................................. Cash on hand December 31, 1915............................. 9 ,9 85 10,433 113 218 22,867 23 ,63 4 10,750 2 3 ,9 4 2 2 ,1 9 9 300 4 6,000 108 19,254 12,142 292 251 3 ,2 24 39,599 53.347 673 2 ,8 68 30,246 59 94 75 55 88 27 00 08 90 00 45 00 20 04 87 48 61 40 09 60 50 60 70 $ 1 ,6 4 7 ,7 1 2 23 P lan , permanent. P ar value o f shares, $100. Instalm ents are 5, 1 2 % , 1 6 % , 25, 3 3 % , 50 cents and $1 m onthly. Shares in force January 1, 1915, 119,318.9763 ; shares issued during the year, 4,333; shares w ithdraw n during the year, 18,375.8099; shares in force, 105,276.1664. B orrow in g members, 388, holding 14,143.1664 shares; non-borrow in g members, 4,193, holding 91,133 shares. Fem ale shareholders, 1,832, hold ing 36,846 shares. T o ta l dividends credited members during the year on instalm ent shares, $10,838.76; rate, 5 per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $38,708.33; ra te 3 % per cent and 5 per cent. Am ount o f filed and unpaid w ithdraw als December 31, 1915, $540,729.45. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $28,331.51. Unpaid, none. Prem ium plan, instalment. Interest paid by borrow in g members, 6 per cent. Prem ium paid b y borrow ing members, 1.98 per cent. Loans have been made in B ronx, K in gs, N assau, New Y ork , Queens, R ich m ond, Su ffolk and ’W estchester counties, N ew Y ork State, L argest m ortgage 6 162 R eport on Savings and L oan A ssociations loan outstanding, $18,400. M ortgages in force in New Y ork State, $2,090,973.92. Seven foreclosures during the year. EAST BROOKLYN SAVINGS AND LOAN ASSOCIATION No. 1012 Gates avenue, B rooklyn, N. Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law of 1851. Commenced business 1885] Names Post-office addresses BENJAMIN .THOMPSON............... 810 Lexington Avenue. ALKRED BAILEY............................ 1012 Gates Avenue. JAMES B. SHAW............................ 025 Green Avenue. WALTER L. DURACK.................... 215 Montague Street. ASSETS Loans on bond and m ortg a g e............................. Loans on shares .................................................... Shares o f Land Bank o f State o f New Y ork R eal estate ............................................................... Cash on hand and in b a n k ................................ F u rn itu re and fixtures ........................................ A dvances fo r taxes, insurance, e t c .................. $506,457 350 3 ,0 00 2 9 ,82 4 19,371 450 286 31 00 00 50 82 00 34 $559,739 97 LIABILITIES D ue shareholders, dues ............................................................................ P r io r m ortgages ......................................................................................... U ndivided profits ....................................................................................... G uaran ty fun d (as per section 392 o f B anking L a w ) .................. Special deposits ......................................................................................... Suspense account ....................................................................................... $491,469 2 2 ,60 0 21,335 2 2 ,44 1 1,613 280 90 00 08 35 27 37 $559,739 97 RECEIPTS Cash on hand January 1, 1915............................................................... Dues credited to mem bers ..................................................................... M ortgages redeemed, foreclosed or tran sferred to real esta te. . Loans on shares repaid ....................................................................... R eal estate s o l d ........................................................................................... In terest received ....................................................................................... R en t received .............................................................................................. Advances repaid ....................................................................................... Special deposits ....................................................................................... G uaranty fun d ............................................................................................ Insurance r e b a t e ......................................................................................... $ 1 8 ,5 8 4 140,906 8 0 ,00 0 3 ,8 8 0 5 ,8 0 0 28,341 2 ,3 8 4 701 15,790 1,361 9 56 98 66 00 00 30 24 30 42 97 20 $297,760 53 DISBURSEMENTS Loaned on m o r t g a g e ................................................................................... Loaned on s h a r e s ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... Cash dividends paid on incom e and accum ulative prepaid shares ................................................................. ..................................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges.............. P a id fo r real e s t a t e ......... ......................................................................... P aid salaries and clerk -h ire................................................................... P aid advertising, printing and p osta ge............................................ P a id rent ...................................................................................................... P a id repairs to real esta te........................................................................ P a id taxes, insurance, e t c ....................................................................... $77,800 00 480 00 123,348 78 3 ,6 8 3 11 1 5,150 00 6371 19 11,386 10 2 ,6 2 5 00 359 39 900 00 1 ,460 31 1 ,5 57 91 163 K ings County P a id banking departm ent, exam ination ............................................. P a id banking departm ent, assessm ent............................................... Officers’ bonds ............................................................................................. Advances for taxes, insurance, e t c ........................................................ State and M etropolitan le a g u e dues and expenses...................... D ividends credited to m em bers.............................................................. Special deposits ......................................................................................... G uaranty fund ........................................................................................... Suspense account ..................................................................................... Shares o f Land Bank .............................................................................. Search ............................................................................................................. A ttorn ey’ s fees ........................................................................................... Com m ission on sale o f real esta te........................................................ J a n itor ........................................................................................................... H e a t ................................................... L igh t ............................................................................................................... Telephone ...................................................................................................... Sundry expenses ......................................................................................... Cash on hand December 31, 1915............................................................ $48 40 14 814 46 18,449 14,517 1,361 6 3 ,0 00 23 25 50 316 125 169 37 6 19,371 76 30 00 29 50 17 34 97 00 00 2a 00 00 00 50 85 00 00 82 $297,760 53 Plan, permanent. P ar value o f shares, $100. Instalm ents are 50 cents m onthly. Shares in force January 1, 1915, 10,819 1 7 /2 0 ; shares issued during the year, 1,637; shares w ithdraw n du rin g the year, 2,363 1 7 /2 0 ; shares in force, 10,093. B orrow in g members, 191, holding 2,619 shares; non-borrow ing members, 1,226, holding 7,474 shares. N o record o f fem ale shareholders. T otal dividends credited mem bers du rin g the year on instalm ent shares, $18,449.17; rate, 5 per cent. T ota l dividends credited or paid in eash t o members during the year on other shares, $3,633.11; rate, 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and pa id du rin g th e year, $4,649.24. U npaid, none. N o prem ium plan. Interest paid by borrow in g members, 6 per cent. N o prem ium charged. Loans have been made in K in gs, Nassau, New Y ork, Queens and W est chester counties, New I'ork State, and in New Jersey. Largest m ortgage loan outstanding, $12,000. M ortgages in force in New Y ork State, $505,457.31. T w o foreclosures durin g the year. EAST NEW YORK SAYINGS AND LOAN ASSOCIATION N o. 2790 F ulton street, B rooklyn, N . Y . [Organized under Law o f 1892. Officers Names President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 18921 Post-office addresses EUGENE K. TICHENOB................. MORRIS KLEIN.................................. FRANK T. SMITH.............................. WALTER L. DURACK...................... 189 50 141 215 Montague Street. Bradford Street. Shepherd Avenue. Montague Street. ASSETS Loans on bond and m ortg a g e. . . . ...................... Loans on s h a r e s ...................................................... Shares o f Land Bank o f State o f N ew Y ork C ontracts fo r the sale o f real esta te................ R eal e s t a t e .............................................................. Cash on hand and in bank................................. Furniture and fix tu res.................... ................... Advances fo r taxes, insurance, e t c .................. $222,550 00 9 ,6 0 0 00 1,000 00 700 64,750 9 ,3 28 60 4 ,6 37 00 00 04 00 30 $312,626 24 104 R efobt oh Savihgs ahd L oan A ssooiatiohs L IA B IL IT IE S D ue shareholders, d u es............................................................................ P r io r m ortgages ......................................................................................... B orrow ed m oney ......................................................................................... U ndivided profits ....................................................................................... G uaran ty fund (a s per section 392 o f Banking L a w ) .................... R ea l estate m o rtg a g e ................................................................................ Suspense account ....................................................................................... $2 4 2,3 6 0 2 5 ,10 0 20 ,00 0 6 ,6 1 4 16,535 2 ,0 0 0 16 08 00 00 58 05 00 53 $312,626 24 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited to m em bers........................................................................ M oney borrow ed ........................................................' ............................. M ortgages redeemed, foreclosed o r transferred to real e s ta te .. Loans on shares re p a id ............................................................................ R eal estate sojd ......................................................................................... In terest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... R en t r e c e iv e d ................................................................................................ A dvances repaid ......................................................................................... Taxes, insurance, etc.......................................................................... G uaran ty fu n d ............................................................................................ Suspense account ....................................................................................... Undivided earnings ................................................................................... R eal estate r e p a i r s ..................................................................................... P ro fit and loss ........................................................................................... F u rn itu re loss ............................................................................................ Expense ........................................................................................... $8, 883 83,802 2 3 ,0 0 0 27 ,00 0 4 ,8 9 0 6 ,2 5 0 12,157 2 ,3 3 8 2 ,6 3 3 3 ,7 6 5 1 ,1 23 2 ,4 3 5 53 867 58 16,707 10 1 ,4 66 82 55 00 00 05 00 51 81 82 90 61 05 26 99 30 79 00 66 $197,445 12 DISBURSEMENTS L oaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................ Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed money and p rior m ortgages...................................... P a id interest on borrowed m oney and p rior m ortgages............. P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta g e............................................. P a id repairs to real esta te..................................................................... P a id taxes, insurance, e t c ....................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... A dvances fo r taxes, insurance, e t c ...................................................... Share® o f Land Bank .............................................................................. P ro fit and loss ........................................................................................... R eal estate profits ..................................................................................... M ortga ge on real estate ...................................... ................................. U ndivided earnings .................................................................................. Suspense account ....................................................................................... Interest transferred ................................................................................ Prem ium transferred ................................................................................ R en t t r a n s fe r r e d ...................................... ................................................... Cash on hand December 31, 1915.......................................................... $26,000 00 9 ,7 4 5 05 100,776 57 6 ,1 1 9 3 ,5 0 0 1 ,675 1 ,213 172 68 1,123 57 22 5 ,9 71 72 00 94 46 99 30 61 25 96 89 1,000 00 11,206 1,400 2 ,1 5 0 430 36 10,481 2 ,3 3 8 2 ,6 3 3 9 ,3 2 8 68 00 00 83 73 57 81 82 94 $197,445 12 165 K ings County F lan, permanent. F a r value o f shares, $100. Instalm ents are 10 cents and 25 cents w eek ly; 50 cents and $1.08% m onthly. Shares in force January 1, 1915, 1 3 ,03 6 % ; shares issued during the year, 3,040; shares w ithdraw n during the year, 2,970; shares in force, 13,106% . B orrow in g members, 46, holding 1,566 shares; non-borrow ing members, 756, h oldin g 11,540% shares. N o record o f fem ale shareholders. T ota l dividends credited members du rin g the year on instalm ent shares, $5,675.90; rate, 5 per cent. T ota l dividends credited o r paid in cash t o members during the year on other shares, $6,119.72; rate, 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid du rin g the year, $1,386.45. Unpaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g members, 5 % per cent, and 6 per cent. Prem ium paid b y borrow in g members, 1 per cent, and 2 % per cent. Loans have been made in K in gs, N assau, Queens and Suffolk counties, New Y ork State. Largest m ortgage loan outstanding, $18,500. M ortgages in force in New Y ork State, $222,550. N o foreclosures during the year. THE EQUITABLE CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 124 C ourt street, B rooklyn, N. Y. [Organized under Law of 1851. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1888] Names JAMBS P. JUDGE.................................. THOMAS M. MANNION...................... JAMBS P. COLLINS............................. JAMBS P. JUDGE.................................. Post-office addresses 189 Montague Street. 244 Macon Street. 189 Montague Street. 189 Montague Street. ASSETS Loans on bond and m ortg a g e ............................. Loans on shares ................................................... Shares o f L and Bank o f State o f N ew Y ork Cash on hand and in b a n k ............................... Advances fo r taxes, insurance, e t c .................. $197,600 450 1,000 14,354 48 00 00 00 35 24 $213,452 59 LIABILITIES Due shareholders, dues ............................................................................ Undivided profits ..................................................................................... G uaranty fund (a s per section 392 o f B anking L a w ) ................ D ividends on incom e shares................................................................... $193,413 fr,963 12 ,02 5 1 ,0 50 59 68 02 30 $213,452 59 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited t o members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares r e p a i d ............................................................................ Real estate s o l d ........................................................................................... Interest and prem ium received ............................................................ Advances repaid ......................................................................................... $8 ,79 8 28,610 4 ,0 0 0 2 3,275 1,300 4 ,5 0 4 13,556 275 83 77 00 00 00 00 84 72 $84,321 16 166 R eport on Savings and L oan A ssociations DISBU RSEM EN TS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... D ues repaid on w ithdraw al, or applied on lo a n s ........................... P a id m atured shares ................................................................................ Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rior m ortga ges.................................... P a id interest on borrow ed m oney and p rio r m ortga ges................ P a id fo r real esta te..................................................................................... P a id salaries and clerk-hire ................................................................. P a id advertising, p rin tin g and p osta ge............................................. P a id ren t .....................................................................................; ............... P a id taxes, insurance, e t c .......................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, a ssessm en t................................................ Advances fo r taxes, insurance, e t c ........................................................ Shares o f L and B a n k ................................. Expenses ......................................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $ 1 9 ,1 5 0 450 15,606 18,850 00 00 60 00 1,930 4 ,0 0 0 16 4 ,4 2 5 2 ,3 5 1 46 370 1,431 34 16 103 1 ,000 185 1 4,354 39 00 30 00 83 55 00 01 67 02 52 00 02 35 $84,321 16 P lan, permanent. P a r value o f shares, $100 and $250. Instalm ents are 10 cents and 25 cents w eekly. Shares in force J anu ary 1, 1915, 5,360; shares issued durin g the year, 1,101; shares w ithdraw n during the year, 4 2 7 ; shares in force, 6,034. B o r row in g members, 73, holding 932 shares; non-borrow ing mem bers, 270, hold in g 5,102 shares. N o record o f fem ale shareholders. T ota l dividends credited members du rin g the year on instalm ent shares, $6,703.34; rate, 5 per emit. T o ta l dividends credited or paid in cash to members during the year on oth er shares, $1,930.39; rate, 4 % per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g th e year, $18,850. O perating expenses, as defined in section 390 o f th e Banking L a w , incurred and paid du rin g the year, $2,953.40. U npaid, none. P rem ium plan, prem ium -interest. In terest paid b y borrow in g mem bers, 6 per cent. Prem ium p a id by b orrow in g mem bers, % o f 1 per cent. L oan s have been m ade in B ronx, K in gs and Queens counties, N ew Y ork State. Largest m ortgage loan outstanding, $7,000. M ortgages in fo rce in N ew Y ork State, $197,600. T w o foreclosures du rin g the year. FIFTH AVENUE SAVINGS AND LOAN ASSOCIATION N o. 483a F ifth avenue, B rooklyn, N . Y . [Organized under Law o f 1851. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1890] Post-office addresses WM. M. KELLOGG............................ STEPHEN Y. McN'AIR...................... WM. J. ALLEN.................................. JAMES P. JUDGE.............................. ASSETS Loans on bond and m ortg a g e .................... ............... Loans on shares ............................................................... R eal e s t a t e .......................................................................... Cash on hand and in b a n k ........................................... F u rn itu re and f ix t u r e s .................................................... Interest, premium; fees and fines due and unpaid 488 Thirteenth Street. 1837 61st Street. 505 Sixth Avenue. 189 Montague Street. $ 87,900 599 5 ,7 1 8 3 ,411 50 835 00 00 73 14 00 75 $ 9 8 ,5 1 4 62 K ings County LIABILITIES D ue shareholders, dues ............................................................................ Due shareholders, dividends credited .................................... . ........... Undivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) .................. 167 $ 3 3 ,0 9 4 5 2 ,7 2 8 7 ,6 9 2 5 ,0 0 0 02 20 40 00 $98,5 1 4 02 RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited t o members ........................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans o n shares r e p a i d ................. R eal estate sold ......................................................................................... Interest received ...................................................................... Prem ium r e c e iv e d ....................................................................................... Rent received .............................................................................................. Advances repaid ......................................................................................... $475 20 7,5 59 63 2 ,8 0 0 00 14,650 00 2 ,2 3 4 00 8 ,1 33 00 5 ,2 7 5 84 655 98 408 99 11 25 $42,203 89 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ..................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. D ividends paid on w ithdraw als, or applied on lo a n s .................... P aid borrow ed m oney and p rior m ortga ges...................................... P aid interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P aid advertising, prin tin g and p osta ge............................................... P aid ren t ...................................................................................................... P aid repairs to real esta te ....................................................................... P aid taxes, insurance, e t c ................................................ P a id banking departm ent, exam ination .......................................... P a id banking departm ent, a s se s s m e n t............... State League dues and expenses............................................................ A u ditin g .......................... Insurance ........... Cash on hand December 31, 1915........................................................ $ 1 0 ,2 0 0 684 18,735 4 ,7 7 8 2 ,8 0 0 28 760 29 216 228 250 19 8 17 30 5 3,4 11 00 00 04 32 00 89 99 76 00 64 24 50 62 75 00 00 14 $42,203 89 Plan, permanent. P a r value o f shares, $100 and $250. Instalm ents are 10 cents w eekly and 25 cents m onthly. Shares in force Janu ary 1, 1915, 2,672 2 / 5 ; shares issued during the year, 3 37; shares w ithdraw n during the year, 191% ; shares in force, 2,817% . B orrow in g members, 32, holding 351% shares; non-borrow ing members, 177, h oldin g 2,466 shares. Fem ale shareholders, 70, h oldin g 943 shares. Total dividends credited members during the year on instalm ent shares, $4,739.30; rate, 5 per cent and 5 % per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during th e year, $1,059.50. Unpaid, none. Prem ium plan, instalm ent. Interest paid b y borrow in g members 5 % per cent and 6 per cent. Prem ium paid b y b orrow in g members, 2 cents per share per week. Loans have been made in K in g s and Queens counties, N ew Y ork State. L argest m ortgage loa n outstanding, $6,700. M ortgages in force in New Y ork State, $87,900. N o foreclosures du rin g th e year. 168 R eport on Savings and L oan A ssociations FLATBUSH CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 849 Flatbush avenue, B rooklyn, N . Y , [Organized under Law of 1887. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1889] Post-office addresses EDWIARD Bl VANDERVEER........... JOS. S. ROWLEE.............................. GEORGE W. EGBERT...................... JOHN D. PRINCE, J R ........................ 162 174 355 166 Montague Street. Martense Street. East 16th Street. Montague Street. ASSETS Loans on bond and m ortg a g e ...................................... Loans on s h a r e s ................................................................. Cash on hand and in b a n k ................................... ....... F u rn itu re and fixtures ................................................. Interest, prem ium , lees and fines due and unpaid Advances fo r taxes, insurance, e t c ............................. $112,839 03 1,415 00 5 ,0 8 5 59 100 00 4 ,8 4 2 46 2 ,3 4 4 17 $ 1 26,626 25 LIABILITIES D ue shareholders, d u es............................................................................ D ue shareholders, dividends cred ited ................................................. U ndivided profits ....................................................................................... G uaran ty fun d (a s per section 392 o f Banking L a w ) .................. Unearned o r rebatable p r e m iu m .......................................................... Suspense account ....................................................................................... $91,183 2 0 ,33 3 2 ,4 6 8 6 ,5 7 8 2 ,6 21 3 ,4 4 0 00 45 66 82 58 74 $126,626 25 R E C E IPTS Cash on hand Ja n u a ry 1, 1915............................................................... D ues credited to m e m b e r s ........................................................................ M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r tran sferred to real e s t a t e .. Loans on shares re p a id .............................................................................. Fees r e c e i v e d ................................................................................................ F ines received .............................................................................................. In terest r e c e iv e d ................... Prem ium r e c e iv e d ....................................................................................... D ividends retained on w ith d r a w a ls .......................................... Suspense accou nt ....................................................................................... P rofit and loss, prem ium e a r n e d .......................................................... P ro fit and loss, interest a c c r u e d .......................................................... O verpaid dues r e t u r n e d ............................................................................ $146 23 ,04 8 2 0 ,5 0 0 10,918 845 132 837 5 ,7 7 4 25 251 3 ,4 4 0 257 80 15 06 00 00 94 00 25 79 69 00 09 74 15 50 00 $66,272 21 DISBURSEMENTS Loaned on m o r t g a g e ................................................................................... Loaned on s h a r e s ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured s h a r e s ................................................................................ D ividends pa id on w ithdraw al, or applied on lo a n s ...................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id in terest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta g e............................................. P a id r e n t ........................................................................................................ P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent................................................. Suspense account, dues ............................................................................ $ 2 ,02 5 1 ,2 2 0 6 ,6 0 2 1 3,395 1 ,2 55 3 1 ,50 0 237 835 65 120 23 10 2 ,2 4 7 00 00 00 00 54 00 23 00 30 00 83 18 00 169 K ings County Suspense account, d ividen ds................................................................... Prem ium r e b a t e d ......................................................................................... In terest accrued ......................................................................................... G eneral e x p e n s e s ......................................................................................... Cash on hand December 31, 1915.......................................................... $1, 193 74 . 314 15 80 50 62 15 5 ,0 8 5 59 $66,272 21 Plan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in fo rce Janu ary 1, 1915, 1,683; shares issued during the year, 522; shares w ithdraw n during the year, 219; shares in force, 1,986. B orrow ing members, 37, h oldin g 605 shares; n on-borrow ing members, 247, h oldin g 1,381 shares. Fem ale shareholders, 101, holding 689 shares. T ota l dividends credited mem bers during the year on instalm ent shares, $5,840.14; rate, 6 % per cent. N o unpaid w ithdraw als. A m ount o f shares matured during the year, $13,395. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid du rin g the year, $1,082.45. U npaid, none. Prem ium plan, gross. Interest paid by b orrow in g members, 5 per cent, on m ortgage loa n s; 6 per cent, on share loans. Prem ium paid b y b orrow in g members, $2.50 per share. Loans have been made in K in gs and Queens counties, New Y ork State. Largest m ortgage loan outstanding, $12,177.50. M ortgages in force in New Y ork State, $112,839.03. N o foreclosures during the year. FORT GREENE CO-OPERATIYE BUILDING AND LOAN ASSOCIATION N o. 401 B ridge street, B rooklyn, N. Y . [Organized under Law o f 1851. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1889] Post-office addresses JOHN J. KENNEY................................ JOHN H. JACKSON............................ JAMES R. BRACKEN.......................... HENRY E. HEISTAD.......................... 277 505 205 190 Myrtle Avenue. Clinton Avenue. St. James Place. Montague Street. A SSETS Loans on bond and m ortga ge................................................................... Loans on s h a r e s ........................................................................................... Cash on hand and in b a n k ....................................................................... F urniture and f ix t u r e s .............................................................................. Interest, prem ium , fees and fines due and u n p a id ......................... $132,150 7 ,1 32 14,200 90 1,458 00 00 11 00 33 $155,030 44 LIABILITIES Due shareholders, d u e s ................... D ue shareholders, dividends cred ited ................................................... U ndivided profits ....................................................................................... G uaranty fu n d (as per section 392 o f Banking L a w ) ................ Suspense accou nt ....................................................................................... $118,101 29,221 3,4 75 4 ,2 2 6 6 15 65 50 14 00 $155,030 44 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited to m em bers............................................................ .......... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares re p a id ............................................................................ Fees received ................................................................................................ $7,714 23,941 10,100 3 ,4 12 27 22 41 00 00 25 1?0 R eport on Savings and L oan A ssociations Fines r e c e i v e d ....................................... Interest' received ....................................................................................... Prem ium received ..................................................................................... D ividends retained on w ith d raw a ls...................................................... A dvances repaid ......................................................................................... A p p ra isa ls....................................................................................................... $63 7 ,8 0 3 1 ,1 14 332 28 25 95 51 12 80 50 00 $ 5 4 ,5 6 2 76 DISBURSEMENTS Loaned on m o rtg a g e................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured s h a r e s ......................................................................... . . . D ividends p a id on w ithdraw al, o r applied on lo a n s ................... P a id interest o n borrow ed m oney and p rior m ortga ges.................. P a id salaries and cle r k -h ir e .................................................................... P a id advertising, p rin tin g and p osta ge............................................... P aid rent ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent................................................. (Jitters’ bonds ................................................................................................ Advances fo r taxes, insurance, e t c ........................................................ State League d u e s ..................................................................................... A p p r a is a ls ...................................................................................................... R epairing sign ............................................................................................ Cash on hand December 31, 1915.......................................................... $ 8 ,0 0 0 00 3 ,7 9 5 00 9 ,1 9 8 74 16,678 11 1 ,3 12 47 132 46 856 00 87 21 156 25 23 05 1161 6 00 65 50 11 25 25 00 4 00 14,200 11 $54, 562 76 Plan, permanent. P a r value o f shares, $200 and $250. Instalm ents are 25 cents w eekly and $1, m onthly. Shares in force Janu ary 1, 1915, 2,039 1 7 /2 0 ; shares issued during the year, 3 9 6 ; shares w ithdraw n du rin g the year, 356 1 0 /2 0 ; shares in force, 2,079 7 /2 0 . B orrow in g members, 28, holdin g 3 7 9 % shares; non-borrow ing mem bers, 233, holding, 1 ,6 9 9 1 7 /2 0 shares. Fem ale shareholders, 107, h oldin g 637 9 /2 0 shares. T o ta l dividends credited members du rin g the year on instalm ent shares, $7,689.96; rate, 6 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $18,678.11. M em bership fee, 25 cents and 50 cents. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid du rin g th e year, $1,120.71. Unpaid, none. Prem ium plan, instalm ent. Interest paid b y b orrow in g members, 5 per cent, and 6 per cent. Prem ium paid by borrow ing members, 4 /5 o f 1 per cent. Loans have been made in K in gs, Queens and R ichm ond counties, N ew Y ork State. Largest m ortgage loans outstanding, $10,000. M ortgages in force in N ew Y ork State, $132,150. N o foreclosures du rin g the year. FULTON CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 177 C ou rt street, B rooklyn, N . Y , [Organized Officers President..................... Secretary.................... Treasurer................... Attorney..................... under Law of 1851 Commenced business 1888] Names Post-office addresses E. DROSSE................................ 25 Broad Street, New York. J. P. RATHBON........................ 215 Montague Street. CHARLES C. JACOBS........... 796 President Street. RALPH K. JACOBS................. 215 Montague Street. ASSETS L oans on bond and m ortg a g e................................................................. Loans on shares ......................................................................................... R eal e s t a t e ..................................................................................................... $ 4 2 ,2 0 0 00 560 00 10,250 00 K ings County Cash on hand and in b a n k ..................................................................... F u rn itu re and fixtu res............................................... .............................. Interest, prem ium , fees and fines due and u n p a id ........................ 171 $387 27 257 60 282 50 $53,937 37 L IA B IL IT IE S D ue shareholders, d u es........... ................................................. Due shareholders, dividends cred ited ............................... Undivided profits ..................................................................... G uaranty fu n d {a s per section 392 o f Banking L aw ) $44,3 6 8 6,0 01 129 3 ,4 38 07 82 25 23 $53,937 37 RECEIPTS Cash on hand J anu ary 1, 1915............................................................ Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares re p a id .............................................................................. Fees received ................................................................................................ Interest received ......................................................................................... B en t received .............................................................................................. $373 11,986 3 ,6 0 0 355 10 1,695 768 05 85 00 00 00 63 00 $18,788 53 DISBURSEMENTS Loaned on m o rtg a g e.................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... P aid m atured shares.................................................................................. Cash dividends pa id on incom e and accum ulative prepaid s h a r e s ........................................................................................................... P a id salaries and clerk-hire ................................................................. P a id advertising, p rin tin g and p osta g e .......................................... P a id banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... R eal estate expenses ................................................................................ Gas and e le ctricity ..................................................................................... Sundry expenses ......................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $10,7 0 0 670 4 ,6 2 7 714 00 00 13 21 794 338 12 13 4 443 55 29 387 80 00 45 00 20 15 16 16 27 $18,788 53 P lan , serial. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in fo rce Janu ary 1, 1915, 5 4 9 % ; shares issued du rin g the year, 3 4 2 ; shares w ithdraw n during the year, 7 3 ; shares in force, 818%. B orrow in g members, 8, holding 98% shares; non-borrow ing members, 63, h oldin g 720 shares. Fem ale shareholders, 14, holding 102 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,424.56; rate, 5 per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $794.80; rate, 5 per eent. N o unpaid w ithdraw als. Mem bership fee, 50 cents. O perating expenses, as defined in section 390 o f the Banking Law, incurred and pa id during the year, $434.77. U npaid, none. N o prem ium plan. Interest paid by borrow ing members, 5 per eent and 6 per cent. N o prem ium charged. Loans have been made in K ings, Queens and R ichm ond counties, New Y ork State. Largest m ortgage loan ou tstanding $5,000. M ortgages in force in New Y ork State, $42,200. N o foreclosures du rin g the year. 1^2 R eport of Savings and L oan A ssociations THE GERMAN BUILDING AND SA VING COMPANY OF BROOKLYN, N. Y. X o. 940 W illough by avenue', B rooklyn, N. Y. [Organized under Law of 1851. Officers Names President..................... Secretary.................... Treasurer................... Attorney..................... Commenced business 1886J Post-office addresses HENRY C. MACHOLD........... 166 Chauncey ADAM ARCHINAL...................... 1014 ADAM ARCHINAL...................... 1014 GEORGE L. STAMM.................. 140 ASSETS L oan s on bond and m ortg a g e................................................................. Loans on shares ........................................................ ................................. Cash on hand and in b a n k ....................................................................... Street. Forest Avenue. Forest Avenue. Nassau St., New York. $24,7 0 0 00 669 00 643 37 $26,012 37 LIABILITIES D ue shareholders, du es............................................................................ D ue shareholders, dividends cred ited ................................................. B orrow ed m o n e y ......................................................................................... Undivided profits ....................................................................................... G uaran ty fund (as per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem iu m ............................................................ $ 2 1 ,7 3 0 2 ,1 1 7 1 ,0 0 0 596 384 184 22 12 00 60 32 11 $26,012 37 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. D ues credited to m em bers..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id .............................................................................. Fees received .............................................................................................. Fines received .............................................................................................. In terest received ....................................................................................... Prem ium received ..................................................................................... D ividends retained on w ith d raw a ls.................................................... $2,061 7 ,8 61 2 ,0 0 0 1 ,0 0 0 1,291 44 44 1 ,4 73 19 30 22 86 00 00 00 00 87 25 00 42 $ 15,825 62 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... D ues repaid on w ithdraw al, or applied on lo a n s ........................... D ividends paid on w ithdraw al, o r applied on lo a n s ...................... P aid borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. D eposit va u lt .............................................................................................. A ttorn ey’ s fees ............................................................................................ Cash on hand December 31, 1915.......................................................... $ 6 ,5 5 0 1 ,1 08 5 ,5 7 8 294 1 ,0 0 0 121 479 13 16 2 8 5 3 643 02 00 58 34 00 80 50 65 35 56 80 00 65 37 $ 15,825 62 P lan , serial and permanent. 10 cents weekly. P a r valu e o f shares, $100. Instalm ents are 173 K ings County Shares in fo rce January 1, 1915, 1,280; shares issued during the year, 445; shares w ithdraw n du rin g the year, 320; shares in force, 1,405. B orrow ing members, 13, holding 270 shares; non-borrow ing members, 114, holding, 1,135 shares. Fem ale shareholders, 35, holding 345 shares. T ota l dividends credited members during the year on instalm ent shares, $738.82; rate, 4 per cent. N o unpaid w ithdraw als. Entrance or membership fee, 25 cents per mem ber and 10 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $510.60. Unpaid, none. .Premium plan, gross. Interest paid by borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 2 per cent. Loans have been made in K in gs, Nassau and Queens counties, New Y ork State. L argest m ortgage loan outstanding, $3,200. M ortgages in force in New ¥ ork State, $24,700. N o foreclosures during the year. GERMANIA BUILDING, SAVING AND LOAN INSTITUTION N o. 1269 G ates avenue, B rooklyn, N. Y. [Organized under Law of 1861. Officers Names President. Secretary. Treasurer Attorney. Commenced business 1888] Post-offlee addresses FREDERICK S. SHACKNE. WM. B. SCHWARTING........... A. H. WENZEL....................... GEO. F. ALEXANDER........... 110 Palmetto Street. 242 Woodbine Street. 1568 Putnam Avenue. 115 Washington Street. ASSETS Loans on bond and m o r t g a g e ................................................................. Loans on shares ............................. t ......................................................... Cash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ Interest, prem ium , fees and fines due and u n p a id ........................... $2 ,60 0 200 485 25 58 00 00 50 00 00 $3,368 50 LIABILITIES Due shareholders, dues ............................................................................ Due shareholders, dividends cred ited ................................................. Undivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) .................. $3,121 117 26 102 76 62 70 42 $ 3,368 50 RECEIPTS Cash on hand Janu ary 1, 1915............................................................ Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real esta te. . Loans on shares r e p a i d ............................................................................ Fees received ................................................................................................ Interest received ......................................................................................... D ividends retained on w ith draw a ls..................................................... $497 1,3PS 950 642 3 190 15 96 48 00 20 65 51 82 $3,698 62 DISBURSEMENTS Loaned on m o r t g a g e .................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... D ividends paid on w ithdraw al, or applied on lo a n s ...................... Paid salaries and clerk -h ire................................................................... Paid advertising, printing and p osta g e............................................. $800 173 2 ,0 75 107 13 14 00 20 88 18 28 14 174 Report on Savings and Ik)an A ssociations P a id rent ....................................................................................................... P a id banking departm ent, exam ination ......................................... P a id banking departm ent, assessm ent.............................................. S h o r t a g e ......................................................................................................... Overcharge repaid ..................................................................................... Cash on hand December 31, 1915.......................................................... $12 00 075 1 28 5 00 1 41 485 50 $ 3 ,69 8 62 P lan, permanent. P a r value o f shares, $100. Instalm ents are 50 cents m onthly. Shares in force January 1, 1915, 357; shares issued du rin g the year, 142; shares w ithdraw n du rin g the year, 111; shares in force, 388. B orrow in g members, 6, h oldin g 78 shares; n on-borrow ing members, 43, h oldin g 310 shares. Fem ale shareholders, 13, holding 67 shares. T ota l dividends credited members du rin g the yea r on instalm ent shares, $117.62; rate, 5 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $39.42. Unpaid, none. N o prem ium plan. Interest pa id b y b orrow in g members, 5 per cent, and 6 per cent. N o prem ium charged. Loans have been m ade in K in gs and Queens counties, New Y ork State. L argest m ortgage loan outstanding, $975. M ortgages in force in New Y ork State, $2,600. N o foreclosures durin g the year. HAMILTON SAYINGS AND LOAN ASSOCIATION N o. 498 C ou rt street, B rooklyn, N. Y. [Organized under Law of 1851. Officers President.................... Secretary..................... Treasurer..................... Attorney..................... Commenced business 1889] Names J. BARTH. CRONIN.............................. CHAS. J. CULLEN.................................. FRANCIS SHEA....................................... JOHN P. HURLEY................................. Post-office addresses 5-73 Clinton Street. 39 Third Place. &18 Court Street. 489 Clinton Street. ASSETS Loans on bond and m ortg a g e........................... Loans on shares ........................................... Shares o f Land Bank o f State o f New Y ork C on tracts fo r the sale o f real e sta te ........... Cash on hand and in b a n k ............................... Furn itu re and fix tu res...................................... Advances fo r taxes, insurance, e t c ................ $95,0 5 0 00 1 ,4 45 25 1.000 00 5 ,2 2 9 2 ,6 2 6 695 2 ,7 0 7 59 34 68 95 $108,754 81 LIAB ILITIES Due shareholders, dues ............................................................................ Undivided profits ................................................. ..................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ $103,192 33 1,111 71 4 ,4 5 0 77 $ 1 08,754 81 RECEIPTS Cash on hand January 1, 1915............................................................... D ues credited to m em bers................... M oney borrow ed ............................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta te .. L oan s on shares r e p a i d ............................................................................ F ines received .............................................................................................. In terest r e c e iv e d ......... ................................................................................ Prem ium received ..................................................................................... $ 1 ,61 8 07 51 ,52 4 42 14 ,00 0 00 3 ,6 0 0 00 2 ,7 4 1 75 80 55 5 ,7 4 6 60 299 94 K ings County R ent received .............................................................................................. Advances repaid ......................................................................................... Check cashed ................................................................................................ D eposit, account o f appraisals, e t c ........................................................ Cash over ...................................................................................................... 175 $345 2 ,1 4 3 495 110 44 95 69 00 00 95 $82,750 92 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. P aid borrow ed m oney and p rior m ortga ges...................................... Paid interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta ge............................................. P a id r e n t ........................................................................................................ P aid repairs to real esta te..................................................................... P a id taxes, insurance, e t c ..................................................... P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ...................................................... S tate and M etropolitan League dues and expenses......................... D ividends......................................................................................................... Shares o f Land B a n k ................................................................................ .Expense o f changing n am e................................... D raw ing and recording lie n ................................................................... Street ligh t .................................................................................................. Check cashed ................................................................................................ E rror in d i v id e n d ....................................................................................... Cash short ................................. D eposits returned ....................................................................................... D irectors’ fees .............................................................................................. L ig h t and heat ........................................................................................... J a n i t o r ............................................................................................................ Office supplies .............................................................................................. Insurance on fixtures .............................................................................. Office fixtures .............................................................................................. P etty cash .................................................................................................... Cash on hand December 31, 1915.......................................................... $4 ,60 0 2 ,4 4 0 4 2 ,73 0 20 ,20 0 224 1 ,2 92 159 286 40 116 29 8 12 1,377 28 3 ,9 62 1,000 20 5 48 495 90 55 110 34 70 53 127 10 465 30 2 ,6 2 6 00 00 80 00 45 00 88 00 75 71 25 54 00 23 25 43 00 00 00 00 00 00 97 00 50 22 00 79 44 56 81 34 $82,750 92 Plan, permanent. P ar value o f shares, $200 and $250. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 5,352 9 /2 0 ; shares issued during the year, 2,2 39 ; shares w ithdraw n during the year, 93 8 ; shares in force, 6,653 9 /2 0. B orrow in g members, 35, h oldin g 508 9 /2 0 shares; non-borrow ing members, 641, holding, 6,145 shares. Female shareholders, 384, holding 3,425% shares. T ota l dividends credited members during the year on instalm ent shares, $2,635.60; rate, 5 per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $1,326.83; rate, 4 % per cent. N o u n paid w ithdraw als. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid during the year, $2,152.89. Unpaid, none. Prem ium plan, instalm ent. Interest paid b y borrow in g members, 5 % per cent, and 6 per cent. Prem ium paid by borrow in g members, 10 cents per share per week. L oans have been made in K in gs county, New Y ork State. L argest m ort gage loan outstanding, $8,000. M ortgages in force in N ew Y o rk State. $95,050. N o foreclosures during the year. ~ 1?6 R eport on S avings and L oan A ssociations KINGS COUNTY SAVINGS AND LOAN ASSOCIATION N o. 1161 F ulton street, B rooklyn, N. Y . [Organized under Daw of 1910. Officers Names Commenced business 1913] Post-office addresses President..................... A. LUDLOW PERKINS........................... 1161 Fulton Street. Secretary..................... EDGAR D. NESBITT............................. 405 Quincy Street. Treasurer................... WESLEY S. TW IDDY............................. 604 Hancock Street. Attorney...................... JOHN B. MANLEY............................ 822 Marcy Avenue. ASSETS Loans on bond and m ortg a g e................................................................. Loans on shares ......................................................................................... Cash on hand and in b a n k ....................................................................... Instalm ents due and u n p a id ................................................................. $ 4 ,70 0 240 183 459 00 00 60 00 $ 5 ,58 2 60 LIAB ILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends cred ited .................................................... Balance to be pa id borrow ers on m ortgage lo a n s ........................... Undivided profits ....................................................................................... G uaranty fund (a s per section 392 o f B anking L a w ) ................ $5,11-5 00 201 22 250 00 55 15 83 $5 ,58 2 60 RECEIPTS Cash on hand Ja n u a ry 1, 1915............................................................... Dues credited to m em bers........................................................................ Loans on shares re p a id ............................................................................ Fees r e c e iv e d ................................................................................................ Fines received ............................................................................................ In terest r e c e iv e d ......................................................................................... D o n a t io n ......................................................................................................... $156 1,847 23 5 82 00 00 00 80 228 79 6 50 $2 ,26 7 91 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Loaned on shares......................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends pa id on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P a id advertising, p rin tin g and p o sta g e ............................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent................................................. Officers’ bonds .............................................................................................. Cash on hand December 31, 1915.......................................................... $ 1 ,4 5 0 00 180 00 345 00 678 75 3 6 1 16 183 25 50 50 28 00 60 $2 ,26 7 91 P lan, permanent. P a r value o f shares, $200. Instalm ents are 50 cents and $1 m onthly. Shares in force Janu ary 1, 1915, 181; shares issued du rin g the year, 3 0 ; shares w ithdraw n du rin g the year, 1 9 ; shares in force, 192. B orrow in g mem bers, 6, holding 44 shares; non-borrow ing members, 31, h oldin g 148 shares. Fem ale shareholders, 12, h oldin g 42 shares. T ota l dividends credited m em bers durin g the year on instalm ent shares, $116.52; rate, 5 per cent. T o ta l dividends credited or p a id in cash to pem bey§ du rin g th e year on other shares, $80.76; ra te, § per oent, 177 K ings County No unpaid w ithdraw als. M em bership fee, $1. O perating expenses, as de fined in section 390 o f the Banking Law , incurred and paid during the year, $19.50. Unpaid, none. Prem ium plan, instalm ent. Interest paid by borrow in g members, 6 per cent. N o prem ium charged. Loans have been made in K in gs and Queens counties, New York Stale. Largest m ortgage loan outstanding, $2,500. M ortgages in force in New Y ork State, $4,450. N o foreclosures during the year. MADISON CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 897 Gates avenue, B rooklyn, N. Y. I Organized under Law o£ 1861. Officers President.................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1888] Names Post-office addresses K. O. BRAGDON........................... 80 Pine Street, New York. CHARLES P. WILCOX........... 18 Revere Place. R. J. DOBBIN.............................. 690 Park Place. Z. D. RACE................................... 176 Broadway, NewYork. ASSETS Loans on bond and m ortga ge................................................................. Loans on shares ......................................................................................... R eal e s t a t e .................................................................................................... Gash on hand and in b a n k ....................................................................... Furn itu re and fixtures ............................................................................ Advances fo r taxes, insurance, e t c ........................................................ $111,200 1,845 4 ,6 0 0 3 ,5 8 2 25 106 00 00 00 19 00 00 $121,358 19 LIABILITIES Due shareholders, du es.............................................................................. Due shareholders, dividends cred ited .................................................... Undivided profits ....................................................................................... G uaranty fun d (as per section 392 o f B anking L a w ) .................... Special deposits ......................................................................................... $108,159 9 ,4 2 3 1,710 1,707 358 00 11 58 33 17 $121,358 19 RECEIPTS Cash on hand Janu ary 1, 1915................................... Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares re p a id ............................................................................ Fines received ................................. ' .......................................................... Interest received ....................................................................................... Prem ium r e c e iv e d ...................................................................................... D ividends retained on w ith draw als...................................................... Special deposits ......................................................................................... $1,217 3 6,433 5 ,0 00 18 ,00 0 5 ,3 05 94 7 ,1 39 159 31 350 18 00 00 00 00 31 32 80 70 00 $73,730 11 DISBURSEMENTS Loaned on m o rtg a g e ................................................................................... Loaned on sh a res......................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. Paid m atured shares................................................................................ D ividends paid on w ihdraw al, or applied on lo a n s ...................... Cash dividends paid on incom e and accum ulative prepaid shares .................................................................................. $18,700 5 ,8 60 6 ,939 2 4,540 1,576 00 00 00 52 44 1 ,950 00 178 R eport on S avings and L oan A ssociations P a id borrow ed m oney and p rior m ortga ges.................................... P a id interest on borrow ed m oney and p r io r m ortga ges.............. P a id fo r real esta te..................................................................................... P a id salaries and clerk-h ire...................................................................... P a id advertising, p rin tin g and p osta g e............................... P aid ren t ....................................................................................................... P a id banking departm ent, exam in ation ............................................. P a id banking departm ent, assessm ent................................................. Officers’ bonds .............................................................................................. State and M etropolitan League dues and expenses....................... Special d e p o s i t .............................................................................................. S pecial s e a r c h .............................................................................................. A u d itin g ......................................................................................................... Sundry expenses .......................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $ 5 ,0 0 0 45 4 ,6 0 0 475 79 84 25 9 16 22 150 35 24 16 3 ,5 8 2 00 84 00 00 10 00 00 02 00 50 00 30 00 20 19 $73,7 3 0 11 Plan, permanent. P a r value o f shares, $100 and $200. Instalm ents are $1 m onthly. Shares in fo rce J anu ary 1, 1915, 1,768; shares issued du rin g the year, 4 5 5 ; shares w ithdraw n du rin g th e year, 3 54; shares in force, 1,869. B orrow in g m em bers, 47, h oldin g 614 shares; non-borrow ing mem bers, 207, holdin g 1,255 shares. Fem ale shareholders, 77, h oldin g 460 shares. T ota l dividends credited members d u rin g the yea r on instalm ent shares, $3,870.27; rate, 5 per cent. T o ta l dividends credited o r pa id in cash to members du rin g the yea r on oth er shares, $1,950; rate, 5 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g ithe year, $24,540.52. O perating expenses, as defined in section 390 o f the B anking Law , in curred and pa id du rin g the year, $716.80. U npaid, none. N o prem ium plan. In terest paid b y borrow in g meftibers, 6 per cent. N o prem ium charged. Loans have been made in K in gs, Queens, R ocklan d and W estchester counties, N ew Y ork S tate and in N ew Jersey. la r g e s t m ortgage loan outstanding, $5,600. M ortgages in force in N ew Y ork State, $44,000. N o foreclosures d u rin g the year. THE MODEL BULDING AND LOAN ASSOCIATION OF BROOKLYN, N. Y. N o. 129 R a lph avenue, B rook lyn , N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under la w o f 1851. Commenced business 1889] Names Post-office addresses THOMAS P. LARKIN...................... 480-a McDonough Street. JOHN F. LYNCH.............................. 486-a Decatur Street. FREDERICK L. JENKINS.......... 133 Bainbridge Street. THOMAS F. HAGGERTY............. 1028 Gates Avenue. ASSETS L oans on bond and m o rtg a g e................................................................. Loans on shares............................................................................................ Stock s and b o n d s......................................................................................... Shares o f Land Bank o f State o f N ew Y o r k ........................................ R ea l estate .................................................................................................. Cash on hand and in b a n k ........................................ Interest, prem ium , fees and fines due and u n p a id .......................... $47,750 1 ,0 00 2 ,7 0 0 1 ,0 0 0 4 ,7 5 7 3 ,4 4 0 127 00 00 00 00 59 79 92 $ 60,776 30 LIAB ILITIES D ue shareholders, du es.................. ............................................................ D ue shareholders, dividends cred ited ................................................. P r io r m ortgages ......................................................................................... $44,989 70 4 ,6 2 6 51 5 ,5 0 0 00 K ings County Undivided profits .................................................................................. , G uaranty fund (as per section 392 o f Banking L a w ) ............. Interest on p rio r m ortga ges................................................................... Special deposit ........................................................................................... Suspense accou nt ....................................................................................... 179 $1,574 05 3 ,9 0 0 00 9070 72 05 23 29 $60,776 30 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares repaid .......................................................................... Real e s t a t e .................................................................................................... Interest received ......................................................................................... Prem ium received ..................................................................................... Rent received .............................................................................................. Dividends retained on w ith draw als...................................................... A ppraisals .................................................................................................... $1 ,15 4 13,500 2 ,0 0 0 7 ,3 0 0 1,700 142 3,131 763 30 51 10 00 17 00 00 00 41 47 27 00 56 00 $29,782 88 DISBURSEMENTS Loaned on m ortg a g e..................................................... Loaned on sh ares......................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s............................. P aid m atured shares................................................................................... D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends paid, on incom e and accum ulative prepaid shares ......................................................................................................... P aid borrow ed m oney and p rior m ortga ges...................................... P aid interest on borrow ed m oney and p rior m ortga ges............. P a id fo r real e s t a t e .................................................................................. P aid salaries and clerk -h ire................................................................... P aid advertising, prin tin g and p osta g e............................................... P aid rent ....................................................................................................... P aid repairs to real esta te..................................................................... Paid taxes, insurance, e t c ....................................................................... P a id banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... Officers’ bonds . . . ....................................................................................... State League dues and expenses................................... Shares o f Land Bank .............................................................................. A ttorn ey’ s fees ............................................................................................ Appraisers’ fees ......................................................................................... R ecording ....................................................................................................... T raveling expenses .................................................................................. Cash on hand December 31, 1915.......................................................... $3,900 2 ,1 50 5,581 4 ,1 09 612 00 00 57 87 72 663 2 ,0 0 0 360 4 ,5 0 0 655 36 120 39 483 25 5 16 28 1,0 00 40 10 2 3 3,4 40 99 00 96 00 08 10 00 20 35 00 00 00 00 00 00 00 25 00 79 $29,782 88 Plan, permanent. P a r value o f shares, $100. Instalm ents are 25 cents weekly. Shares in fo rce Janu ary 1, 1915, 1 ,7 4 0 % ; shares issued du rin g the year, 225; shares w ithdraw n du rin g the year, 2 4 1 ; shares in force, 1,724% . B or row ing members, 21, h oldin g 418% shares; ,non-borrow ing members, 111, holding 1,306 shares. Fem ale shareholders, 48, h oldin g 327 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,670.21; rate, 6 per cent. T ota l dividends credited or pa id in cash to members during the yea r o n oth er shares, $663.99; rate, 5 per cent, and 6 per cent. 180 R eport of Savings and L oan A ssociations N o unpaid w ithdraw als. A m oun t o f sh a re s . m atured du rin g the .year, $4,109.87. O perating expenses, as defined in section 390 o f the Banking Law , incurred and pa id du rin g th e year, $858.18. U npaid, none. Prem ium plan, prem ium -interest. Interest paid by borrow ing members, 5% per cent. Prem ium pa id by borrow in g members, 3 cents per share per week. L oan s have been made in K in g s and Queens counties, N ew Y ork State. Largest m ortgage loa n outstanding, $5,000. M ortgages in force in New Y ork State, $47,750. N o foreclosures during the year. NASSAU CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 2738 A tla n tic avenue, B rooklyn, N . Y . [Organized under Law of 1851. Commenced business 18891 Officers Names Post-office addresses President..................... GEORGE A. P. NORTH....................... 75 Bjarbey Street. Secretary..................... M. V. DORN'BY...................................... 29 Jerome Street. PETER J. EVERS................................. 154 Llnwood Street. Treasurer................... Attorneys................... KIENDL & GROSS................................. 215 Montague Street. ASSETS L oan s on bond and m ortg a g e................................................................. C ontracts fo r the sale o f real esta te.................................................... R eal estate ................................................................................................... Cash on hand and in b a n k ...................................................................... F u rn itu re and fix tu res............................................................................... In terest due and u n p a id .......................................................................... A dvances for taxes, insurance, e t c ............................................................ S pecial deposits ................................... Pass b o o k s ............................. $495,855 2 ,7 5 0 19 ,74 4 9 ,2 6 0 225 3 ,775 1, 117 45 60 07 00 70 86 00 17 73 00 00 $532,833 53 L IA B IL IT IE S D ue shareholders, dues and d ividen ds.................................................. B orrow ed m oney ..................................................................................... Undivided profits ..................................................................................... G uaranty fund (as per section 392 o f Banking l a w ) .................. Suspense a c c o u n t .......................................................................................... $493,886 1 2 ,00 0 5 ,2 6 4 2 1 ,6 7 6 6 28 00 82 13 30 $532,833 53 R E C E IP T S Cash on hand Janu ary 1, 1915............................................................... D ues credited to m em bers........................................................................ M oney borrow ed .......................................................................................... M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. Fees received ............................................................................. In terest received ....................................................................................... Prem ium received ..................................................................................... R en t r e c e iv e d ................................................................................................ Advances repaid ......................................................................................... S pecial deposits .......................................................................................... Sundries ......................................................................................................... $ 1 9 ,7 7 0 106,467 15,000 28 ,37 7 123 2 7 ,7 7 7 4 ,6 3 3 757 665 119 29 96 71 00 24 00 87 28 81 75 00 86 $203,722 48 D ISB U R SEM E N TS Loaned on m o r t g a g e ................................................................................... Dues and dividends repaid on w ithdraw al, or applied on loans P a id borrow ed m oney and p rior m ortga ges------1 ............................ $26,9 0 0 00 155. (Mil 39 3 ,0 0 0 00 K ings County P aid interest on borrow ed money and p rior m ortga ges................ P a id fo r real esta te .................................................................................... P a id salaries and clerk -h ire..................................................................... P aid advertising, prin tin g and p osta ge............................................... P aid rent ...................................................................................................... P aid taxes, insurance, e t c ......................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ...................................................... State and M etropolitan League d u es................................................. Special deposit^ ......................................................................................... Pass books .................................................................................................... F u rn itu re ................ •..................................................................................... L ighting ......................................................................................................... B u rglary alarm ......................................................................................... Sundries .................................................................. Cash on hand December 31, 1915............................................................ 181 $593 25 3 ,3 2 4 35 2 ,7 3 3 84 174 92 360 00 50 00 47 77 39 45 33 60 837 82 2150 64 00 77 25 37 25 56 69 30 00 118 54 9 ,2 6 0 86 $203,722 48 Plan, permanent. P a r value o f shares $100 and $250. Instalm ents are 15 cents and 25 cents weekly. Shares in force Janu ary 1, 1915, 15,32 0 % ; shares issued during the year, 1,934; shares w ithdraw n during the year, 1,781; shares in force, 15,473% . B orrow in g members, 88, holding 1,215% shares; non-borrow ing members, 1,440, h oldin g 14,258 shares. N o record o f fem ale shareholders. Total dividends credited members during the year on instalm ent shares, $24,333.91; rate, 5 per cent, and 5 % per cent. N o unpaid w ithdraw als. A m oun t o f shares matured during the year, $18,850. M em bership fee, $1. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid durin g the year, $3,492.90. Unpaid, none. Prem ium plan, instalment. Interest paid by borrow ing members 5% per cent. Prem ium s paid by borrow ing members 4 cents per share per week. Loans have been made in K ings, N assau and Queens counties, N ew Y ork State. Largest m ortgage loan outstanding, $12,000. M ortgages in force in New Y o rk State, $495,855.07. One foreclosure during the year. PEOPLE’S CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION OF BROOKLYN N o. 14 Graham avenue, B rooklyn, N. Y. [Organized under Law of 1894. Commenced business 1895] Officers Names Post-office addresses President..................... HENRY W E IL............................ 309 Broadway, New York. Secretary..................... MORRIS HIRSCH................... .. 334 Berry Street. Treasurer................... JOEL B. GOODMAN.......... . 45 E. 20th Street. Attorneys................... WEIL & PURYIN........................ 309 Broadway, New York. ASSETS Loans on bond and m ortg a g e.................................................................. Loans on sh a re s........................................................................................... Stocks and bonds ............................... : ..................................................... Cash on hand and in b a n k ....................................................................... Interest u n p a i d ........................................................................................... $77,600 8,8 85 2 5 ,28 0 6 ,9 9 8 385 00 00 00 69 78 $119,149 47 182 R epost on Savings and L oan A ssociations LIABILITIES D ue shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ................................................. G uaran ty fu n d (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatabie prem iu m ............................................................ $ 93,037 2 1 ,04 2 1 ,8 14 255 00 73 59 15 $119,149 47 RECEIPTS Cash on hand J anu ary 1, 1915............................................................. D ues credited t o mem bers ..................................................................... M oney b o r r o w e d ......................................................................................... ' Loans on shares r e p a id .. .......................................................................... Pees received ................................................................................................ Fines received .............................................................................................. Interest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... D ividends retained on w ithdraw als ...................................................... B onds sold ..................................................................................................... $ 6 ,8 7 4 16,893 7, 500 650 64 12 6 ,1 6 3 76 280 5 ,0 0 0 91 00 00 00 15 03 70 40 29 00 $ 43,514 48 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on s h a r e s ......................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s........................... D ividends pa id on w ithdraw al, or applied on lo a n s .................... P a id borow ed m oney and p rio r m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................... P a id banking departm ent, assessm ent............................................... Officers’ bonds ............................................................................................ A pp raisals ..................................................................................................... C o m m is s io n s .................................................................................................. N otary ........................................................................................................... In tern al revenue s t a m p s .......................................................................... Cash on hand December 31, 1915.......................................................... $ 12,200 5 ,785 8 ,4 6 3 1 ,8 5 4 7 ,5 0 0 63 277 42 85 42 8 72 40 79 2 1 6 ,9 9 8 00 00 00 09 00 08 00 00 00 00 57 00 90 25 50 40 69 $ 4 3 ,5 1 4 48 Plan, serial. P a r valu e o f shares, $200 and $250. Instalm ents are 50 cents sem i-m onthly. Shares in force J anu ary 1, 1915, 1,313; shares issued du rin g th e year, 2 3 2 ; shares w ithdraw n du rin g the year, 116; shares in force, 1,429. B orrow in g members, 43, h oldin g 463 shares; n on-borrow ing members, 176, holdin g 966 shares. Fem ale shareholders, 92. h oldin g 510 shares. T ota l dividends credited members during the year on instalm ent shares, $5,579.65; rate 5 2 /5 per cent. N o unpaid w ithdraw als. Entrance fee. 25 cents per share. O peratin" expenses, as defined in section 390 o f the Banking Law, incurred and paid du rin g the year, $600.05. U npaid, none. Prem ium plan, instalm ent. In terest pa id b y b orrow in g members, 6 per cent. Prem ium paid b y borrow in g mem bers, 10 cents per $1,000 sem i m onthly. Loans have been made in K in g s and N assau counties, New Y ork State and in N ew Jersey. L argest m ortgage loan outstanding, $8,800. M ortgages in force in New Y ork State, $68,800. N o foreclosures du rin g the year. 183 K ings County POLISH-AMERICAN CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 660 Third avenue, B rooklyn, N. Y. [Organized under Law o£ 1894. Officers President..................... Secretary.................... Treasurer................... Attorney..................... Commenced business 1900] Names JOHN GUTOWSKI................. FRANK A. JUREK................. JOHN SKOWRONSKI............. CLEMENT F. ROZANSKI___ Post-office addresses 5105 6th Avenue. 230 57th Street. 137 Nineteenth Street. 17 State Street, N. ¥. City. ASSETS Loans on bond and m ortg a g e................................................................. Loans on shares........................................................................................... Shares o f Land Bank o f State o f New Y o r k .................................... Real e s t a t e .................................................................................... Cash on hand and in bank ..................................................................... Furniture and fixtures ............................................................................ Interest, prem ium , fees and fines due and u n p a id ........................... Advances fo r taxes, insurance, e t c ........................................................ Pass books .................................................................................................... D eposit for e le ctricity ................................................................................ $121,700 1 ,741 1,000 9 ,8 4 8 10, 228 100 570 365 35 5 00 00 00 10 26 00 26 18 10 00 $145,592 90 LIABILITIES Due shareholders, d u es.......................................... Due shareholders, m atured shares...................................................... Due shareholders, dividends cred ited ................................................. Undivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) .................. Special deposit, ren t ................................................................................ $130,461 409 9 ,6 1 3 3 ,4 3 3 1 ,625 50 43 76 31 25 15 00 $145,592 90 RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers.......................................................................... Mortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id .............................................................................. Fees received .............................................................................................. Fines received ........................................................................................... Interest r e c e iv e d ......................................................................................... Rent r e c e iv e d ................................................................................................ Dividends retained on w ith draw a ls...................................................... Advances repaid ......................................................................................... Appraisals .................................................................................................... Pass books .................................................................................................... $4,807 78 5 7,759 62 900 00 2 ,1 87 00 22 60 38 89 6 ,4 00 86 972 00 116 97 1,463 34 67 50 2 50 $74,739 06 DISBURSEMENTS Loaned on m o rtg a g e.................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on loa n s.............................. Paid m atured shares ................................................................................ Dividends paid on w ithdraw al, or applied on lo a n s ...................... Cash dividends paid on income and accum ulative prepaid shares ......................................................................................................... Paid salaries and clerk -h ire..................................................................... Paid advertising, p rin tin g and p osta g e............................................... Paid r e n t ......................................................................................................... $25,8 5 0 857 30,071 1,028 1,700 00 00 33 60 30 1,254 1,039 56 189 80 50 00 00 184 R eport oh S avings and L oan A ssooiatiohs Paid repairs to real e sta te ................. P aid taxes, insurance, e t c ....................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessment ............................................. Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ........................................................ S tate League dues ..................................................................................... Shares o f Land Bank . . . .......................................................................... A ppraisals ........................................................ '........................................... Legal expenses ............................................................................................ In terest on special d e p o s i t ...................................................................... F u rn itu re ....................................................................................................... L ig h t and heat ............................................................................................ Sundries ......................................................................................................... Cash on hand Decem ber 31, 1915.......................................................... $141 200 22 9 27 917 5 1 ,0 00 86 2 2 4 40 6 10,228 40 76 76 35 00 11 25 00 00 15 00 10 20 20 26 $ 74,739 06 P lan , permanent. P a r value o f shares, $200. Instalm ents are 1 2 % cents and 25 cents weekly. Shares in force J a n u a ry 1, 1915, 1 ,9 1 8 % ; shares issued du rin g th e year, 3 6 5 ; shares w ith draw n during the year, 2 2 5 ; shares in force, 2,0 58 % . B orrow in g mem bers, 55, h oldin g 728 shares; non-borrow ing members, 323, h oldin g 1,330% shares. Fem ale shareholders, 77, h oldin g 283 shares. T ota l dividends credited m em bers du rin g th e year on instalm ent shares, $3,011.76; rate, 5 per cent, and 5 % per cent. T ota l dividends credited or paid in eash to mem bers du rin g the yea r on other shares, $1,915.39; rate, 4 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g th e year, $409.76. E ntrance fee, 15 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid du rin g the year, $1,363.15. U npaid, none. N o prem ium plan. In terest p a id b y b orrow in g members, 5 per cent., 5 % per cent, and 6 per cent. N o prem ium charged. L oan s have been m ade in K in gs and Queens counties, N ew Y ork State. L argest m ortgage loan outstanding, $6,000. M ortgages in force in N ew Y o rk State, $121,700. N o foreclosures du rin g the year. PROSPECT HOME BUILDING AND LOAN ASSOCIATION N o. 336 N in th street, between F ifth and S ixth avenues, B rooklyn, N . Y . [Organized under Law o f 1861. Officers President..................... Secretary.................... Treasurer................... Attorney...................... Commenced business 1890] Names MELVIN W. MOREHOUSE.............. GEOROE W. BALLW AY.................... WILLIAM M. TOMLINS.................... TITLE GUAR & TRUST CO............. Post-office addresses 706 Cortelyou Road. 1513 Eighth Avenue. 624 Seventh Street. 175 Remsen Street. ASSETS Loans on bond and m o rtg a g e................................................................. Loans on shares ....................................................................................... Cash on hand and in b a n k ........................................................................ F u rn itu re and f ix t u r e s .............................................................................. Interest, prem ium , fees and fines due and u n p a id ......................... $ 1 1 0,2 5 0 4 ,5 1 9 894 100 1 ,2 07 00 00 79 00 04 $1 1 6,9 7 0 83 LIAB ILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends cred ited ................................................. P r io r m ortgages .......................................................................................... $ 85,245 63 16,352 62 9 ,0 5 0 00 K ings County Undivided profits ......................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) ................ Suspense accou nt ....................................................................................... Interest and prem ium a d v a n c e d .......................................................... Interest accrued ......................................................................................... Special deposits ......................................................................................... Salaries d u e ...................................................................................... 185 $3,612 2 ,8 2 2 12 5 82 39 48 08 71 78 01 50 44 09 $ 1 16,970 83 •RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited t o members ..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r tran sferred to real e s t a t e .......................................................................................................... Loans on shares r e p a i d ............................................................................ Fines received ......................................................... Interest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... Dividends retained on w ith draw a ls................................................... Bonds sold .................................................................................................... Special deposits ......................................................................................... $1 ,54 9 99 19,102 14 6 ,6 1 0 00 9, 950 1,3 08 18 5 ,6 95 1 ,3 52 579 13,176 523 00 00 60 77 41 37 25 40 $59,865 93 DISBURSEMENTS Loaned on m o r t g a g e .................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... Paid m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s ....................... Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... Paid borrow ed m oney and prior m ortga ges.................................... Paid interest on borrow ed money and prior m ortga ges................ Paid salaries and clerk -h ire..................................................................... Paid advertising, prin tin g and p osta ge............................................. Paid rent ....................................................................................................... Paid banking departm ent, exam ination ............................................. Paid banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. Special deposits ......................................................................................... Cash on hand Decem ber 31, 1915........................................................ $21,100 3 ,9 20 13,246 8 ,6 0 5 3,1 08 00 00 00 02 70 555 6 ,6 1 0 378 627 89 150 17 8 28 525 894 75 00 80 00 89 00 33 85 00 80 79 $59,865 93 P lan , perm anent. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force Janu ary 1, 1915, 3,719; shares issued du rin g the year, 771; shares w ithdraw n during the year, 6 1 6 % ; shares in force, 3 ,8 7 3 % ; borrow in g members, 33, h oldin g 921% shares; non-borrow ing members, (214; holding 2,952 shares. Female shareholders, 93, holding 1,069 shares. Total dividends credited members during the year on instalm ent shares, $4,987.22; rate, 6 per cent. T ota l dividends credited or paid in cash to members during the year on other shares, $740.36; rate 4% per cent., 4 % per cent, and 6 per cent. N o unpaid w ithdraw als. Am ount of shares matured durin g the year $8,605.02. O perating expenses, as defined in section 390 o f the Banking Law, incurred and pa id during the year, $846.80. O perating expenses, as defined in section 390 o f the B anking Law , incurred during the year and rem aining unpaid, $48.09'. 186 Report on S avings and L oan A ssociations Prem ium plan, instalm ent. In terest pa id b y borrow in g members, 5 per cent. Prem ium pa id b y b orrow in g members, 14 cents per share per month. Loans have been made in K in gs and R ichm ond counties, New Y ork S tate and in New Jersey. L argest m ortgage loa n outstanding, $8,500. M ortgages in force in N ew Y ork State, $99,OC10. One foreclosure during the year. SOUTH BROOKLYN SAVINGS AND LOAN ASSOCIATION N o. 565 F ifth avenue, B rooklyn, N . Y. [Organized under Law of 1851. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1880] Post-office addresses DAVID B. HUTTON............................ JAMES H. STRAIN............................. EDWARD B I R K L E ............................ WILLIAM J. BOLGER......................... 227Brooklyn Avenue. 565Fifth Avenue. 1521 Beverly Road. 140 Broadway, N. Y. ASSETS Loans on bond and m ortg a g e.......................................... $ 1 ,1 1 3 ,4 3 0 Shares o f Land Bank o f State o f New Y o r k ...................................... 5 ,0 0 0 C ontracts fo r the sale o f real esta te...................................................... 31,243 Real e s t a t e ..................................................................................................... 2 2 ,55 0 Cash on hand and in b a n k ....................................................................... 6 1,547 Special deposit ............................................................................................ 5 ,0 0 0 00 00 .40 97 55 00 $ 1 ,2 3 8 ,7 7 1 92 LIABILITIES Due shareholders, d u e s ............................................................................ $ 1 ,1 1 1 ,5 9 9 P rio r m ortgages ......................................................................................... 1 ,000 Undivided profits ....................................................................................... 5 2 ,9 4 8 G uaran ty fun d (a s per section 392 o f B anking L a w ) .................... 72,597 Suspense account ....................................................................................... 626 11 00 18 95 68 $ 1 ,2 3 8 ,7 7 1 92 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited t o m e m b e r s ........................................................................ P r io r m ortgages ................................................................................ M ortgages redeemed, foreclosed o r tran sferred to real e s t a t e .. R eal estate s o l d ............................................................................................ Interest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... R ent r e c e iv e d ................................................................................................ B ills receivable ............................................................................................ P rofit on sale o f real esta te ..................................................................... R eal estate con tract ................................................................................ A ppraiser’s fees ......................................................................................... M etropolitan League ................................................................................ $64,9 5 0 302,4 0 6 8 ,2 5 0 7 8 ,4 0 0 2 5 ,18 4 6 7 ,11 5 1 ,5 20 1 ,6 64 16 ,00 0 1,643 400 230 75 36 61 00 00 14 46 58 65 00 79 00 00 00 $567,840 59 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, o r applied on lo a n s ............................. P aid borrow ed m oney and p rior m o r t g a g e s .................... .*............. Paid interest on borrow ed m oney and p rior m ortga ges............. P aid fo r real estate ................................................................................. P aid salaries and clerk -h ire..................................................................... Paid Advertising, printing and p osta g e................................... $112,950 336,405 11,750 560 3 ,3 0 0 7 ,8 4 2 00 07 00 20 00 00 778 60 187 K ings County P aid repairs to real esta te..................................................................... Paid taxes, insurance, e t c ....................................................................... P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent................................................. Officers’ bonds ........................................................................................... Shares o f Land B a n k ................................................................................ R eal estate con tracts .............................................................................. B ills receivable ........................................................................................... Suspense accou nt ..................................... Tellers a t e l e c t io n ....................................... J a n itor ........................................................... ............................................................. Light, heat and telephone Cash on hand December 31, 1915......................................................... $ 1 ,0 3 0 1 ,176 65 87 80 5 ,0 0 0 2 0 ,5 0 0 4 ,0 0 0 12 15 360 380 6 1,547 30 75 00 17 00 00 00 00 84 00 00 11 55 $567,840 59 Plan, permanent. P a r value o f shares, $100 and $250. Instalm ents are 50 cents m onthly. Shares in force January 1, 1915. 28,066 3 /1 0 : shares issued during; the vear, 2,943; shares w ithdraw n durin g the year, 2,5 27 ; shares in force, 28,482 3 /1 0 . B orrow in g members, 461, holding 11,096 3 /1 0 shares; non-borrow ing mem bers, 2,173, h oldin g 17,386 shares. Fem ale shareholders. 1,072, holding 9,730 3 /1 0 shares. T ota l dividends credided members during the year on instalm ent shares, $43,997.52; ra te 4 % per cent. N o unpaid w ithdraw als. O perating expenses, a s defined in section 390 o f the Banking Law , incurred and paid du rin g the year $9,455.71. U npaid, none. N o prem ium plan. Interest pa id b y b orrow in g members, 5 % per cent, and 6 per cent. N o prem ium charged. Loans have been m ade in K in gs, Queens and Suffolk counties, N ew Y o rk State, and in New Jersey. L argest m ortgage loan outstanding, $10,000. M ortgages in force in N ew Y ork State, $1,108,830. N o foreclosures during the year. TWENTY-NINTH WARD CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 142 E. F ou rth street, B rooklyn, N . Y . [Organized Officers President..................... Secretary....................... Treasurer................... Attorney.................... under Law of 1894. Commenced business 1895] Names Post-office addresses HENRY DONNELLY.......................... 537 Fifty-ninth Street. R0LLA O. SMITH............ 295 Sherman Street. HENRY BOKSELAGER.................. 1 East 7th Street. HENRY 13. HEISTAD......................... 190 Montague Street. ASSETS Loans on bond and m ortg a g e................................................................. Cash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ Rent ................................................................................................................ $19,0 0 0 1,721 90 2 00 57 00 00 $20,813 57 LIABILITIES Due shareholders, dues ............................................................................ Borrowed m oney ......................................................................................... Undivided profits ............................................................................ G uaranty fund (as per section 392 o f Banking L a w ) .................. Interest accrued ......................................................................,................. Com m issions ..................................................... $17,709 1,400 1,351 322 24 5 43 00 15 99 50 50 $20,813 57 188 B eport on Savings and L oan A ssociations r e c e ip t s Gash on hand J anu ary 1,1 9 1 5 ............................................................. Hues credited to members ..................................................... . . •........... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or tran sferred to real e s ta te .. Fees received ................................................................................................ Fines received .............................................................................................. In terest received ....................................................................................... Prem ium received ..................................................................................... R en t received .............................................................................................. $ 2 ,7 9 0 8 ,4 4 2 1 ,4 0 0 2 ,2 5 0 33 1 952 217 68 00 07 00 00 00 47 37 34 00 $16,1 5 4 25 DISBURSEMENTS Loaned on m ortgage ................................................................................. Dues repaid on w ithdraw al, o r applied on lo a n s ............................. D ividends pa id on w ithdraw al, o r applied on lo a n s ...................... P a id interest on borrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire.............................................................. P a id advertising, p rin tin g and p osta ge............................................... P a id ren t ....................................................................................................... P a id repairs t o real esta te ..................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm en t................................................ N ota ry’ s fees ................................................................................................ C o m m is s io n s ................................................................................................. Cash on hand Decem ber 31, 1915.......................................................... $ 4 ,7 5 0 8 ,6 4 5 697 30 62 11 180 ll? 16 2 4 18 1,721 00 24 13 00 00 25 00 94 25 37 00 50 57 $ 1 6 ,1 5 4 25 P lan , permanent. P a r valu e o f shares, $250. Instalm ents are 25 cents weekly. Shares in force Janu ary 1, 1915, 4 6 5 ; shares issued du rin g th e year, 115; shares w ithdraw n du rin g th e year, 6 5 ; shares in force, 515. B orrow in g m em bers, 9, h oldin g 76 shares; non-borrow ing members, 111, h oldin g 439 shares. Fem ale shareholders, 35, h oldin g 132 shares. T ota l dividends credited mem bers du rin g th e yea r on instalm ent shares, $697.13; rate, 5 per cent. N o unpaid w ithdraw als. M em bership fee, $1. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid, du rin g th e year, $271.75. U npaid, none. Prem ium plan, prem ium -interest. In terest paid b y borrow in g m em bers, 5 % per cent. Prem ium pa id b y borrow in g mem bers, 6 cents per share per week. Loans have been m ade in K in gs eounty, N ew Y o rk State. L argest m ort gage loan outstanding, $3,000. M ortgages in force in N ew Y o rk State, $19,000. N o foreclosures d u rin g th e year. UNION CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 1424 F u lton street, B rooklyn, N . Y . [Organized under Law o f 1851. Commenced business 1890. Re-incorporated under Law o f 1894] Officers President..................... Secretary..................... Treasurer................... Attorney..................... Names DANIEL S. BRUSH...................... HENRY POWLES. ,Tr ................ GEORGE DOWNING..................... GILBERT P. BRUSH.................. 388 1077 1049 120 Post-office addresses Lexington Avenue. East 40th Street. East 17th Street. Broadway, New York. ASSETS Loans on bond and m ortg a g e................................................................. L oans on shares .......................................................................................... R ea l e s t a t e ..................................................................................................... Cash o n hand and in b a n k ........................................................................ $ 4 2 ,9 0 0 3 ,7 2 0 3 ,3 1 1 1 ,0 0 9 00 00 47 74 189 K ings County F u rn itu re and fixtures ........................................................................... Interest, prem ium , lees and fines due and u n p a id ......................... $125 00 966 91 LIABILITIES = D ue shareholders, dues .......................................................................... D ue shareholders, dividends credited ............................................. B orrow ed m oney ..................................................................................... Undivided profits ..................................................................................... G uaranty fund (a s per section 392 o f B anking L a w ) ................ $ 52,033 12 — ..'= = = $ 38,674 12 7 ,0 1 4 18 4 ,0 0 0 00 44 82 2 ,3 0 0 00 $52,0 3 3 RECEIPTS ----------........= Gash on hand January 1, 1915.................................................................. $3 ,08 0 Dues credited to mem bers ..................................................................... 9 ,9 1 0 M oney borrow ed ......................................................................................... 1,000 Loans on shares r e p a i d ............................................................................ 500 Interest received ....................................................................................... 3 ,3 68 Prem ium r e c e iv e d ....................................................................................... 118 R ent received ................................. 145 53 D ividends retained on w ithdraw als ................................................... Advances repaid ......................................................................................... 196 G uaranty fun d ............... 200 Pass books .................................................................................................. 11 12 73 14 00 00 73 07 00 51 75 00 00 $18,583 93 D ISB U R SE M E N T S Loaned on m o r t g a g e .................................................................................. Loaned on s h a r e s ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. P aid m atured shares.................................................................................. D ividends pa id on w ithdraw al, or applied on lo a n s ........................ P a id borrow ed m oney and p rior m ortga ges...................................... P aid interest on borrow ed m oney and prior m ortga ges................ P a id salaries and clerk-hire ..................................... P a id advertising, p rin tin g and p osta g e............................................... P a id rent ...................................................................................................... P aid taxes, insurance, e t c ....................................................................... P aid banking departm ent, exam in ation ............................................. P a id banking departm ent, a s s e s s m e n t............................................... Officers’ bonds .............................................................................................. Advances fo r taxes, insurance, e t c ........................................................ In terest and prem ium accrued ................................................ ........... G uaranty fun d ...................................... ' .................................................... Cash on hand December 31, 1915........... .............................................. ................ 1...:= : $3 ,40 0 825 2 ,1 8 1 6 ,2 0 4 126 2 ,0 0 0 282 556 38 180 221 16 4 20 51 1,265 200 1,009 00 00 50 96 24 00 07 50 90 00 36 25 53 00 75 13 00 74 $18,583 93 Plan, serial. P a r value o f shares, $200. Instalm ents are 2 5 cents weekly. Shares in force January 1, 1915, 5 1 4 % ; shares issued during the year, 82; shares w ithdraw n during the year, 7 2 ; shares in force, 5 2 4 % . B orrow ing members, 21, h olding 2 5 2 % shares; non-borrow ing members, 35, holding 272 shares. N o record o f female shareholders. T otal dividends credited members during the year on instalm ent shares, $1,687.59; rate, 4 per cent. N o unpaid w ithdraw als. Operating expenses, as defined in section 390 o f the Banking Law, incurred and paid during the year, $795.40. U npaid, none. Prem ium plan, instalm ent. Interest paid by borrow ing members, 5 % per cent. Prem ium paid by borrow ing members, 1 cent per share per week. Loans have been m ade in K ings, Queens and Suffolk counties, New Y ork State. L argest m ortgage loan outstanding, $11,000. M ortgages in force in New Y ork State, $42,900. N o foreclosures during the year. 190 R eport on Savings and L oan A ssociations MADISON COUNTY CANASTOTA SAVINGS AND LOAN ASSOCIATION N o. 1 T abor B lock, South Peterboro street, Canastota, N . Y . [Organized under Law of 1851. Officers P resid en t..,............... Secretary.................... Treasurer................... Attorney..................... Commenced business 1889] Names Post-office addresses P. P. MILMOE................................................ Canastota, N. Y. E. B. ROBERTS.............................................. Canastota, N. Y. HOWARD D. BEMISS................................ Canastota, N. Y. D. P. WALLACE.................................... ...... Canastota, N. Y. ASSETS L oan s on bond and m o r t g a g e ......................... L oans on s h a r e s ..................................................... Cash on hand and in b a n k ................................. F u rn itu re and fix t u r e s ........................................ $ 9 6 ,6 0 0 6 ,3 9 8 4 ,6 2 4 215 00 50 30 00 $106,837 80 LIAB ILITIES D ue shareholders, d u e s .............................................................................. D ue shareholders, dividends cred ited .................................................... U ndivided profits ....................................................................................... G u aran ty fund (a s per section 392 o f Banking L a w ) ................ Unearned o r. rebatable prem iu m .......................................................... $ 9 2 ,1 7 0 10,957 1,227 1,809 673 27 11 77 55 10 $106,837 80 RECEIPTS Cash on hand Janu ary 1, 1915....................................................... D ues credited t o mem bers ..................................................................... M ortgages redeemed, foreclosed or transferred to real estate. L oan s on shares re p a id .......................................................................... Fees received ................................................................................................ F ines received ............................................................................................ In terest r e c e iv e d ......................................................................................... Prem iu m received ..................................................................................... D ividends retained on w ith draw a ls................................................... $5 ,85 5 03 31,155 16 15,900 00 3 ,4 9 0 50 150 50 133 75 5 ,2 0 6 19 314 25 142 51 $62,3 4 7 89 DISBURSEMENTS Loaned on m ortgage ............................. » .......................... Loaned on shares................................................................. D ues repaid on w ithdraw al, or applied on lo a n s .. P a id m atured shares ........................................................ D ividends pa id on w ithdraw al, o r applied on loans P a id salaries and clerk -h ire............................................. P a id advertising, p rin tin g and p osta g e ...................... P a id banking departm ent, exa m in a tion .................... P a id banking departm ent, assessm ent......................... Officers’ bonds ......................................................................... R ecord in g ta x ........................................................................ Unearned prem ium .............................................................. Insurance on furn itu re and fix tu res............................. Office supplies ............................................... ....................... C ash shortage ......................................................................... Cash o n hand Decem ber 31, 1916...................................... $ 2 5 ,4 0 0 5 ,9 9 9 9 ,0 9 2 15,839 726 452 00 50 92 67 63 00 12 00 23 00 7 81 2 00 127 50 26 71 2 00 4 85 1 00 4 ,6 2 4 30 $ 6 2 ,3 4 7 89 191 M adison County F lan, perm anent. P a r value o f shares, $100. Instalm ents are 25 cents weekly. Shares in force January 1, 1915, 2,450; shares issued du rin g th e year, 602; shares w ithdraw n du rin g the year, 5 6 6 ; shares in force, 2,486. B orrow in g mem bers, 129, holding 1,193 shares; n on-borrow ing members, 205, h oldin g 1,293 shares. Fem ale shareholders, 152, holding 937 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $4,568.03; rate, 5 % per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $15,839.67. Entrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the B anking Law , incurred and pa id during the year, $479.85. U npaid, none. Prem ium plan, gross. Interest paid by borrow in g members, 5.72 per cent. Prem ium paid b y borrow in g members, 1 per cent. L oan s have been made in M adison county, New Y ork State. L argest m ort gage loan outstanding, $6,000. M ortgages in force in New Y ork State, $95,600. N o foreclosures durin g the year. ONEIDA SAVING, BUILDING AND LOAN ASSOCIATION N o. 53 M ain street, Oneida, N. Y. [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law o£ 1851. Names J. A. FERGUSON F. H. MUNZ.......... F. E. WEBSTER. JOSEPH B E A L .. Commenced business 1887] Post-office addresses ....................................... Oneida, N. Y. ......................................... Oneida, N. Y. ......................................... Oneida, N. Y. ......................................... Oneida, N. Y. ASSETS Loans on bond and m ortgage ............................................................... Loans on shares ....................................................................................... Cash on hand and in ba n k ..................................................................... Furn itu re and fixtures ......................................................................... $108,520 1,305 447 224 00 00 64 45 $110,497 09 LIABILITIES Due shareholders, dues .......................................................................... Due shareholders, dividends cred ited .................................................... Borrow ed m oney ....................................................................................... U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) .................... $79,145 10,223 1 8,750 38 2 ,3 4 0 05 64 00 40 00 $110,497 09 RECEIPTS Oash on hand J anu ary 1, 1915............................................................ Dues credited to m em bers..................................................................... M oney borrow ed ....................................................................................... M ortgages redeemed, foreclosed or transferred to real estate. lo a n s on shares re p a id ............................................................................ Fines received ........................................................................................... Interest received ....................................................................................... D ividends retained on w ith draw a ls................................................... $1,324 28 39,873 41 10,200 00 15,960 00 3 ,0 75 00 16 76 6 ,4 28 48 409 34 $77,287 27 • DISBURSEMENTS Loaned on m o rtg a g e.................................................................................. Loaned on shares .................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ......................... $15,100 00 1,200 00 28,863 31 192 R eport on Savings and L oan A ssociations P a id m atured shares ............................................... .............................. D ividends pa id on w ithdraw al, or app lied on lo a n s .................. P a id borrow ed m oney and p rior m ortga ges.................................... P a id interest on borrow ed m oney and p rio r m ortga ges........... P a id salaries and elerk-hire................................................................. P a id advertising, prin tin g and p osta g e............................................. P a id ren t .................................................................................................... P a id banking departm ent, exam ination ........................................ P a id banking departm ent, assessm ent............................................... Officers’ bonds ............................................................................................ S ta te League dues ................................................................................... L i g h t i n g .......................................................................................................... Insurance on fu rn itu re and fixtu res................................................. Cash o n hand December 31, 1915........................................................ $16,1 9 5 1 ,688 11,950 974 700 26 72 30 9 10 5 10 5 447 34 08 00 08 00 80 00 00 08 00 25 20 49 64 $77,287 27 P lan , perm anent. P a r value o f shares, $100. Instalm ents are 25 cents w eekly. Shares in fo rce Janu ary 1, 1915, 3,881; shares issued du rin g the year, 658; shares w ithdraw n du rin g the year, 9 5 0 ; shares in force, 3,589. B orrow in g mem bers, 87, h oldin g 1,097 shares; n on-borrow ing members, 310, holding 2,492 shares. Fem ale shareholders, 127, h oldin g 929 shares. T ota l d iv i dends credited members during the year on instalm ent shares, $4,893.95; rate, 6 per cent. N o unpaid w ithdraw als. A m ou n t o f shares m atured d u rin g the year, $16,195.34. O perating expenses, as defined in section 390 o f the B anking Law , in curred and paid during the year, $829.74. Unpaid, none. Prem ium plan, prem ium -interest. Interest paid by b orrow in g members, 5.72 per cent. N o prem ium charged. Loans have been made in M adison and Oneida counties, N ew Y ork State. L argest m ortgage loan outstanding, $8,090. M ortgages in force in New Y ork State, $108,520. N o foreclosures du rin g the year. MONROE COUNTY COLUMBIA BANKING, SAVING AND LOAN ASSOCIATION N o. 337 G regory street, Rochester, N . Y . [Organized under Law of 1851. Officers Names President..................... Financial Secretary.. Treasurer................... Attorneys................... Commenced business 1884] Post-office addresses EDWARD W ALLIS................. H. P. REIBLING..................... LAWRENCE OBERLTES----MORRIS & MORRIS................. 80 Alexander Street. 302-308 Granite Building. 704 Clinton Avenue, South. 301-302 Ellwanger & Barry Building. ASSETS Loans on bond and m ortg a g e............................................................... $ 1 ,1 7 4 ,0 4 6 26 R eal estate ................................................................................................. 1 8,060 16 Cash on hand and in b a n k ..................................................................... 5 4 ,86 5 82 $ 1 ,2 4 6 ,9 7 2 24 LIABILITIES D ue shareholders, dues .......................................................................... D ue shareholders, dividends cred ited ................................................. B alance to be paid borrow ers on m ortgage lo a n s ......................... U ndivided profits ..................................................................................... $970,337 117,636 600 4 0 ,62 8 95 32 00 83 M onroe County G uaran ty fu n d (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatable prem iu m .......................................................... S tra igh t m ortgages .................................................................................. 193 $55,0 0 0 00 5 8 ,47 2 88 4 ,2 9 6 26 $ 1 ,2 4 6 ,9 7 2 24 RECEIPTS Cash on hand January 1, 1915............................................................. Dues credited to m em bers..................................................................... M ortgages redeemed, foreclosed or transferred to real estate. R eal estate sold ......................................................................................... Fees received .............................................................................................. F ines received ......................................................... Interest received ....................................................................................... Prem ium received .................................................................................. R ent received ............................................................................................. S tra igh t m ortgages .................................................................................. Closed accounts ......................................................................................... $67,0 7 8 381,917 187,450 1 ,3 00 284 584 58,585 2 0 ,75 0 1,049 400 2 62 40 00 00 50 89 41 00 42 00 20 $719,402 44 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, o r applied on lo a n s ........................... P aid m atured s h a r e s ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s ...................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P aid fo r real estate ................................................................................ P aid salaries an d elerk-hire................................................................. P a id advertising, p rin tin g and p osta ge............................................. P aid rent .................................................................................................... P aid repairs to real esta te................................................................... P a id taxes, insurance, e t c ..................................................................... P a id banking departm ent, exa m in a tion .......................................... P aid banking departm ent, assessm ent............................................... Officers’ bonds .............................................................................................. Straight m ortgages ................................................................................ Premiums refunded ................................................................................ B urglary insurance ................................................................................ Cash on hand December 31, 1915........................................................ $221,850 230,1 2 9 164,037 10,780 00 88 17 29 11,521 13,463 2 ,2 6 4 296 120 234 352 66 87 36 500 8 ,7 2 8 67 54, 865 66 90 00 08 00 68 60 92 15 00 00 99 30 82 $719,402 44 Plan, permanent. P a r value o f shares, $100. Instalm ents are 25 cents weekly. Shares in force J anu ary 1, 1915, 28,683; shares issued du rin g the year, 7,390; shares w ithdraw n during the year, 6 ,5 7 2 % ; shares in force, 29,500% . B orrow in g members, 517, h oldin g 11,493 shares; non-borrow ing members, 1,516, holding 18,007% shares. Fem ale shareholders, 909, h oldin g 10,044% shares. T o ta l dividends credited members du rin g the year on instalm ent shares, $46,099.18; rate, 7 % per cent. T ota l dividends credited or paid in cash to members du rin g th e year on other shares, $11,521.66; rate, 5 per cent.. N o unpaid w ithdraw als. A m ount o f shares m atured d u rin g the year, $164,037.17. Mem bership fee, 50 cents. O perating expenses, as defined in section 392 o f the Banking Law , incurred and paid du rin g the year, $2,783.38. Unpaid, none. Prem ium plan, gross. Interest pa id b y b orrow in g mem bers, <5% per cent, and 6 per cent. Prem ium paid b y borrow in g members, $10 per share. Loans have been m ade in M onroe cou n ty, New Y ork State. L a rgest m ort gage loan outstanding, $20,000. M ortgages in force in N ew Y ork State, $1,174,040.26. Fou r foreclosures during the year. f 194 R eport on Savings and L oan A ssociations CONSOLIDATED SAVING AND LOAN ASSOCIATION N o. 8 T rian gle B uilding, R ochester, N. Y. [Organized Officers President..................... Secretary.................... Treasurer................... Attorney..................... under Law of 1851. Commenced business 1889] Names Post-office addresses LOUIS C. LANGIE..................................................... Rochester. WILLIAM G. WOODWOHTH.................................. Rochester. CHARLES C. ZOLLER............................................. Rochester. EMIL LUDEKENS..................................................... Rochester. A SSE TS Loans on bond and m ortg a g e................................................................. Cash on hand and in b a n k ..................................................................... F urniture and fixtures ............................................................................ $188,600 00 1,677 09 215 40 $190,492 49 LIABILITIES Due shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ................................................. Undivided p ro fits.................. ....................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ $143,000 34,547 6 ,7 4 2 6 ,201 74 59 89 27 $190,492 49 RECEIPTS Cash on hand Janu ary 1, 1915........................................................... Dues credited to m e m b e r s ........................................................................ M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. F ines received .............................................................................................. Interest received ......................................................................................... $2 ,29 6 3 4 ,9 3 4 5 ,0 0 0 39,825 112 11,774 04 89 00 00 60 42 $ 9 3 ,9 4 2 95 DISBURSEMENTS Loaned on m ortgage ........................ D ues repaid on w ithdraw als, o r applied on lo a n s ........................... D ividends paid on w ith draw al, or applied on lo a n s ...................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P aid salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta ge............................................... P a id rent ....................................................................................................... P aid banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... State League dues and expenses............................................................ A u d itin g ................... E xam ining property ................................................................................ R epairing fdrn itu re, e t c ............................................................................ In dex ................................................................................... P rofit and l o s s .............................................................................................. B u rgla ry insurance .................................................................................. Sundries ....................................................................................................... Cash on hand December 31, 1915.......................................................... $ 5 9 ,9 0 0 00 2 2 ,3 5 1 29 2 ,9 0 6 18 5 ,0 0 0 00 100 00 1 ,5 08 00 1191 200 00 46 50 13 22 28 00 40 00 103 50 24 9£ 1 00 10 56 14 26 6 50 1,677 09 $ 9 3 ,9 4 2 95 P lan , permanent. cents w eekly. P a r value o f shares $100 and $125. Instalm ents are 25 M onroe C ounty 195 Shares in force January 1, 1915, 3,518; shares issued durin g th e year, 099; shares w ithdraw n du rin g the year, 4 2 3 ; shares in force, 3,794. B orrow ing members, 92, holding 1,816 shares; non-borrow ing members, 247, holding 1,978 shares. Fem ale shareholders, 111, h oldin g 705 shares. T ota l dividends credited members durin g the year on instalm ent shares, $9,444.00; rate, 6 per cent. N o unpaid w ithdraw als. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid during the year, $1,938.11. Unpaid, none. N o prem ium plan. Interest paid by borrow ing members, 12 cents per share per week. N o prem ium charged. L oan s have been made in M onroe county, N ew Y ork State. L argest m ort gage loan outstanding, $11,800. M ortgages in force in New Y o rk State, $188,000. N o foreclosures durin g the year. DESPATCH CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION Eyer B lock, East Rochester, N. Y. [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law o f 1894. Commenced business 1908] Names Post-office addresses B. J. FRYATT................................................... Bast Rochester. B. R. ERW IN................................................... East Rochester. A. H. BO WIN.................................................... Bast Rochester. LEO J. RICE................................................... East Rochester. ASSETS Loans on bond and m ortga ge...................... - ......................................... Loans on shares ......................................................................................... Cash on hand and in bank ................................................................... Instalments due and unpaid................................................. $140 Interest, premiums, fees and fines due and u n p a id .... 80 $ 32,200 00 1,4 70 00 2 ,4 8 4 05 $30,154 05 LIABILITIES Due shareholders, dues .......................................................................... Due shareholders, dividends cred ited ................................................. Balance to be paid borrow ers on m ortgage lo a n s ........................... Undivided profits ....................................................................................... G uaranty fund (as per section 392 o f Banking L a w ) .................. $30,249 3 ,0 79 1,0 00 1,017 208 84 02 00 04 15 $ 30,154 05 RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real esta te. . Loans on shares r e p a i d ............................................................................ Fees received ............................................................................................. Fines received ............................................................................................. Interest received ....................................................................................... $1 ,30 8 5 ,0 4 9 4 ,1 0 0 1 ,0 2 5 5 15 1,737 25 00 00 00 00 04 49 $ 13,900 38 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on shares ....................................................................................... Dues repaid on w ith draw al, or applied on lo a n s................................ Dividends paid on w ithdraw al, or applied on loa n s......................... Cash dividends pa id on incom e and accum ulative prepaid shares ......................................................................................................... $ 0 ,6 0 0 1,815 2 ,0 21 214 00 00 93 08 25 00 196 P a id P a id P a id P a id Cash R eport on Savings and L oan A ssociations salaries and c le r k - h ir e ................................................................... advertising, p rin tin g and p osta g e............................................. banking departm ent, exa m in a tion ............................................... banking departm ent, a ssessm en t.. . . ...................................... on hand Decem ber 31, 1915.......................................................... $100 21 15 3 2 ,4 8 4 00 58 56 18 05 $ 1 3 ,9 0 0 38 P lan , permanent. P a r value o f shares, $100. Instalm ents are 50 cents m onthly. Shares in fo rce Ja n u a ry 1, 1915, 1,092} shares issued du rin g th e yea r, 6 6 ; shares w ithdraw n d u rin g the year, 149} shares in force, 1,009. B orrow in g members, 15, h oldin g 361 shares} non-borrow ing mem bers, 43, h old in g 648 shares. Fem ale shareholders, 16, h oldin g 185 shares. T ota l dividends credited mem bers du rin g th e year on instalm ent shares, $1,119.36; rate, 4 % per cent. T ota l dividends credited o r paid in cash to m em bers du rin g th e yea r on other shares, $25} rate, 5 per cent. A m oun t o f filed and unpaid w ithdraw als December 31, 1915, $217.50. M em bership fee, $1. O perating expenses, as defined in section 390 o f the B anking Law , incurred and p a id du rin g the year, $121.58. U npaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g mem bers, 6 per cent. N o prem ium charged. Loans have been made in M onroe cou nty, N ew Y ork State. L argest m ortgage loan outstanding, $2,200. M ortgages in force in N ew Y ork State, $32,200. N o foreclosures du rin g the year. DIME BANKING AND LOAN ASSOCIATION N o. 938 Clinton avenue, N orth Rochester, N . Y . {Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law o f 1851. Commenced business 18861 Names Post-office addresses FERDINAND SCHWAB......... 8 La Force Street. ALE X. H. G E FB L L.................... 105 Huntington Park. CHRIS JESSEN.......................... 875 Clinton Avenue, North. ROBERT B. WICKES................ 47 So. Mtzhugh Street. ASSETS L oan s on bond and m ortg a g e................................................................. Gash on hand and in b a n k ....................................................................... $251,850 00 4 ,0 8 1 76 $255,931 76 LIAB ILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends cre d ite d ................................................. Undivided profits . ; ................................................................................... G uaranty fun d (a s per section 392 o f B anking L a w ) .................. Unearned o r rebatable prem iu m .......................................................... $204,087 2 0 ,88 1 10,348 1 2,000 8 ,6 1 4 99 03 15 00 59 $255,931 76 RECEIPTS Gash o n hand Ja n u a ry 1, 1915............................... D ues credited t o m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed o r transferred t o real e s t a t e .. Fees received ................................I ............................................................ Fines received .............................................................................................. In terest r e c e iv e d ..................... $15,3 8 2 4 9 ,60 1 8 ,0 0 0 3 4 ,9 0 0 128 147 13,313 88 54 00 00 50 84 23 $121,473 99 197 M onbob County DISBURSEMENTS Loaned on m o r t g a g e .................................................................................. D ues repaid on w ithdraw al, o r applied on lo a n s........................... D ividends p a id on w ithdraw al, o r applied on lo a n s ..................... Cash dividends paid on income and accum ulative prepaid shares ........................................................................................................ P a id borrow ed m oney and p rior m o r tg a g e s ..................................... P a id interest on borrow ed money and p rior m ortga ges............... P a id salaries and clerk-hire . ............................................................ P a id advertising, p rin tin g and p osta ge............................................. P a id rent ...................................................................................................... P a id banking departm ent, exam ination ............................................... P a id banking departm ent, assessm ent................................................. Prem ium rebated ....................................................................................... Cash on hand Decem ber 31, 1915........................................................ $56,1 0 0 00 4 1 ,6 4 5 51 6 ,4 6 4 74 2 ,6 1 6 8 ,0 0 0 217 1 ,700 84 60 46 18 439 4 ,0 81 00 00 34 00 65 00 50 43 06 76 $121,473 99 Plan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force Ja n u a ry 1, 1915, 5 ,6 1 7 % ; shares issued during th e year, 1,285; shares w ithdraw n durin g the year, 6 49; shares in force, 6,253% . -Borrowing mem bers, 179, h oldin g 2 ,538% shares; n on-borrow ing members, 638, holding 3,715 shares. Fem ale shareholders, 676, holdin g 4,298% shares. T ota l dividends credited members during the yea r on instalm ent shares, $3,170.86; rate, 6 % per cent. T ota l dividends credited or pa id in cash to members du rin g the year on oth er shares, $7,763.94; rate, 6 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the B anking Law, incurred and paid during the year, $1,844.65. U npaid, none. Prem ium plan, gross. In terest paid by b orrow in g members, 5 % per cent, and 6 per cent. Prem ium paid b y b orrow in g members, 10 per cent. Loans have been made in M onroe county, N ew Y ork State. L argest m ort gage loan outstanding, $12,000. M ortgages in force in New Y o rk State, $251,850. N o foreclosures du rin g the year. EQUITY CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 92 P ortland avenue, R ochester, F . Y. [Organized Officers President..................... Secretary..................... Treasurer................... Attorneys..................... under Law of 1894. Commenced business 1894] Names Post-office addresses PETBB W. SEILER................................................... Rochester. HERBERT 3. MUSSMACHER................................ Rochester. FRANK J. SCHWAJLB............................................... Rochester. LEWIS, McKAY & BOWEN.................................... Rochester. ASSETS Loans on bond and m ortg a g e................................................................. Loans o n shares ......................................................................................... Cash on hand and in b a n k ....................................................................... Furniture and fixtu res.............................................................................. $169,000 468 '4,068 200 00 00 69 00 $173,736 69 Due shareholders, Due shareholders, B orrow ed m oney Undivided profits G uaranty fu n d (as LIABILITIES d u e s ............................................................................ dividends cred ited ................................................ ..................................................................................... ..................................................................................... per section 392 o f Banking L a w ) ................ $141,136 25,223 3 ,0 00 195 4,181 71 54 00 44 00 $173,736 69 198 R eport on Savings and L oan A ssociations receipts C a d i on hand Janu ary 1, 1915............................................................. D ues credited to members ..................................................................... M oney borrow ed ............................. M ortgages redeemed, foreclosed o r transferred t o real e s t a t e .. L oan s on shares re p a id .............................................................................. Fees received ................................................................................................ F ines received ............................................................................................ In terest received ......................................................................................... $ 7,858 67,117 3 ,0 0 0 11,804 1 ,8 7 2 39 24 9 ,2 7 8 40 15 00 00 00 00 44 92 $100,993 91 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Loaned o n shares......................................................................................... D ues repaid o n w ith draw al, o r applied on lo a n s ............................. D ividends paid on w ithdraw al, or applied on lo a n s ........................ P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on b orrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire..................................................................... P a id advertising, prin tin g and p osta g e............................................... P a id ren t ..................................................................................................... P a id banking departm ent, exam ination .......................................... P a id banking departm ent, assessm ent.......................: ...................... Officers’ bonds ............................................................................................ S tate League dues ........................ Finance com m ittee ..................................................................................... Cash on hand, December $1, 1915.......................................................... $27,5 6 0 1 ,6 12 5 8 ,09 6 5 ,0 1 5 3 ,5 0 0 32 868 77 104 23 12 14 5 4 4 ,0 6 8 00 00 03 94 00 67 00 60 00 00 48 00 50 00 69 $ 1 00,993 91 Plan, permanent. P a r value o f shares, $104. Instalm ents are 10 cents, 15 cents ana 25 cents w eekly. Shares in force Janu ary 1, 1915, 5,238; shares issued du rin g the year, 6 6 6 ; shares w ithdraw n du rin g the year, 3 4 2 ; shares in force, 5,562. B or row in g members, 72, holdin g 1,597 shares; non-borrow ing members, 350, h oldin g 3,965 shares. Fem ale shareholders, 124, holding 1,198 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $7,922.64; rate, 6 per cent. N o unpaid w ithdraw als. M em bership fee, 50 cents. O perating expenses, as defined in section 390 o f th e Banking Law , incurred and paid d u rin g the year, $1,073.10. Unpaid, none. Prem ium plan, prem ium -interest. Interest paid b y borrow in g members, 5 per cent, and 6 per cent. N o prem ium charged. Loans have been made in M onroe cou nty, N ew Y ork State. L argest m ortgage loan outstanding, $12,480, M ortgages in force in New Y ork State, $169,000. N o foreclosures du rin g the year. FAIRPORT PERMANENT LOAN ASSOCIATION F a irp ort, N . Y . [Organized under Law o f 1851. Commenced business 1888] Officers Names President..................... WILLIAM A. BEETO N .. Secretary.................... E. C. SNOW..................... Treasurer...................... GEORGE G.MULLINER Attorney............... . E. 3. F IS K ........................ Post-office addresses Fairport. Fairport. Fairport. Fairport. N. N. N. N. Y. Y. Y. Y. ASSETS L oan s on bond and m ortga ge. P&sh on hand and in bank... f $ 7 8 ,6 0 0 00 » * M f • * • f $88 28 M onroe O ounty F urniture and f ix t u r e s .............................................................................. Instalm ents due and u n p a id .................................................................. Interest, prem ium , fees and fines due and u n p a id ......................... 199 $186 00 270 00 395 26 $79,839 54 LIABILITIES Due shareholders, du es.............................................................................. D ue shareholders, dividends credited ............................................... Undivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ $ 6 2 ,5 1 0 13,344 2 ,2 1 8 1 ,7 66 02 54 86 12 $79,839 54 RECEIPTS Cash on hand Janu ary 1, 1915............................................................... Dues credited to m em bers..................................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta te .. Fees received ................................................................................................ Fines received .............................................................................................. Interest received ......................................................................................... Prem ium received ..................................................................................... D ividends retained on w ith draw a ls...................................................... $14,452 18,227 6 ,6 0 0 33 87 3,561 1,280 27 33 07 00 40 19 69 89 91 $ 44,270 48 DISBURSEMENTS Loaned on m o r t g a g e .................................................................................. Dues repaid on w ithdraw al, or applied on lo a n s ............................. P a id m atured s h a r e s .......................... D ividends p a id on w ithdraw al, or applied on lo a n s ...................... P aid salaries and c le r k -h ir e ................................................................... P aid advertising, prin tin g and p osta ge............................................. P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... B u rgla ry insurance .................................................................................. Cash on hand December 31, 1915 .......................................................... $19,100 10,486 12,788 998 448 16 23 6 14 388 00 40 63 07 00 60 00 74 76 28 $44,270 48 Plan, permanent. P ar value o f shares, $100. Instalm ents are 10 cents and 25 cents weekly. Shares in force January 1, 1915, 2,015; shares issued during the year, 334; shares w ithdraw n du rin g the year, 3 21; shares in force, 2,028. B orrow ing members. 60, h oldin g 771 shares; n on-borrow ing members, 134, h oldin g 1,257 shares. Fem ale shareholders, 50, holding 376 shares. T ota l dividends credited members du rin g th e yea r on instalm ent shares, $4,200.41; rate, 6 per cent. N o unpaid w ithdraw als. Am ount o f shares m atured du rin g the year, $12,788.63. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f th e Banking Law, incurred and paid during the year, $464.60. Unpaid, none. Prem ium plan, instalm ent. Interest paid b y borrow in g members, 10 cents per share per week. Prem ium paid by borrow ing members, 4 cents per share per week. Loans have been m ade in M onroe county, New Y ork State. la r g e s t m ort gage loan ou tstanding, $3,500. M ortgages in force in N ew Y ork State, $78,600. N o foreclosures during the year. 200 R eport on Savings and L oan A ssociations G EN ESEE F A L L S PE R M A N E N T SA V IN G S A N D LO AN ASSO CIA TIO N N o. 368 Clinton avenue, F o r th , R ochester, N. Y . [Organized under Law o f 1851. Officers Names President.................... Secretary.................... Treasurer................... Attorney...................... JOSEPH HENRY DENNIS HENRY Commenced business 18871 Post-office addresses KIPPHUT............................... W. MARTENS......................... COFFEY................................. W. MARTENS......................... 563 517 28 517 ASSETS Loans on bond and m ortg a g e................................................................. R ea l e s t a t e .................................................................................................... Cash on hand and in bank........................................................................ F u rn itu re and f i x t u r e s ............................................................................ Interest, prem ium , fees and fines due and u n p a id ......................... Garson Avenue. E. & B. Building. Ward Street. E. & B. Building. $ 1 8 ,3 0 0 1 ,3 00 819 50 156 00 00 44 00 30 $20,6 2 5 74 LIAB ILITIES Due shareholders, dues ............................................................................ D ue shareholders dividends cred ited ................................................... Undivided profits ....................................................................................... G uaran ty fun d (as per section 392 o f B anking L a w ) .................. Unearned o r rebatable p r e m iu m ......... ................................................ $17,4 6 8 1,4 85 109 924 636 90 55 94 75 60 $20,6 2 5 74 RECEIPTS C a d i on hand Ja n u a ry 1, 1915............................................................... D ues credited to m e m b e r s ....................................................................... M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. Fees received .............................................................................................. In terest received ..................................« ................................................... Prem ium r e c e iv e d ....................................................................................... R en t received .............................................................................................. $823 1,955 133 1 844 20 204 46 45 00 00 68 00 00 $3,981 59 DISBURSEMENTS Loaned on m ortgage ................................................................................ D ues repaid on w ithdraw al, or applied on lo a n s ............................. D ividends paid on w ithdraw al, or applied on lo a n s ...................... Cash dividends paid on incom e and accum ulative prepaid shares ......................................................................................................... P a id salaries and c le r k - h i r e ................................................................... P a id advertising, prin tin g and posta ge............................................... P a id ren t ...................................................................................................... P a id repairs to real esta te..................................................................... P aid taxes, insurance, e t c .......................................................................... P aid banking departm ent, exa m in a tion ............................................... P a id banking departm ent, assessm ent............................................... Cash on hand December 31, 1915.......................................................... $400 00 1 ,3 8 3 52 30 98 532 684 4 40 14 36 33 2 819 50 10 50 00 50 12 50 43 44 $3,981 59 Plan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents w eekly. Shares in force Janu ary 1, 1915, 442; shares issued du rin g the year; 1 4 ; shares w ithdraw n du rin g the year, 4 2 ; shares in force, 414. B orrow in g mem bers, 9, h oldin g 183 shares; n on-borrow ing members, 36, h oldin g 231 shares. Fem ale shareholders, 13, holding 136 shares. T ota l dividends credited mem- M onroe Oounty 201 bers during the year on instalm ent shares, $255.36; rate 6 % per cent. T otal dividends credited o r paid in cash to members during the year on other shares, $636.83; rate, 5 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f the Banking Law, incurred and paid du rin g the year, $728.60. Unpaid, none. Prem ium plan, gross. Interest paid by borrow ing members, 5 % per cent. Prem ium paid by borrow ing members, 5 per cent. Loans have been made in M onroe county, New Y ork State. L argest m ort gage loan outstanding, $4,000. M ortgages in foree in New Y ork State, $18,300. N o foreclosures during the year. HOME BUILDERS’ CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 236 State street, Rochester, N. Y. [Organized Officers President..................... Secretary..................... Treasurer................... Attorney...................... under Laws of 1909. Commenced business 1910] Names Post-office addresses PRANK H. GLEMENT...................... 46 Lorimer Street. WILLIAM W. W ALKER.................. 168 Augustine Street. JAMES M. HARRISON...................... 1 Palls Street. CURTIS FITZSIMONS...................... 236 State Street. ASSETS Loans on bond and m ortg a g e................................................................. Loans on shares ......................................................................................... Cash on hand and in b a n k ....................................................................... $28,600 00 100 00 1,6 38 94 $ 30,338 94 LIABILITIES Due shareholders, d u es.............................................................................. D ue shareholders, dividends c r e d i t e d ................................................. Undivided profits ..................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) .................. $25,898 2 ,5 8 2 1 ,620 238 00 16 34 44 $30,338 94 RECEIPTS Cash on hand Janu ary 1, 1915......... '................................................. Dues credited t o mem bers ..................................................................... Fees received ................................................................................................ Fines received .............................................................................................. Interest received .................................................................... $ 1,316 5 ,605 18 4 1,569 78 00 00 50 56 $8 ,51 3 84 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ith draw al, or applied on lo a n s ............................. D ividends paid on w ithdraw al, o r applied on lo a n s ...................... P aid advertising, prin tin g and p osta ge............................................... P aid banking departm ent, exam ination .......................................... P aid banking departm ent, assesm ent................................................. Officers’ bonds ............................................................................................. Safe deposit b ox ......................................................................................... Seal .................................................................................................................. Cash on hand December 31, 1915 . ........................................................ $6', 400 00 415 00 29 49 174 15 00 2 67 4 00 5 00 2 00 1,638 94 $8,513 84 202 R epoet on S avings and L oan A ssociations P lan , permanent. P ar value o f shares, $200. Instalm ents are $1 m onthly. Shares in foree Janu ary 1, 1915, 4 4 2 % ; shares issued du rin g the year, 5 3 ; shares w ithdraw n durin g the year, 15; shares in force 4 8 0 % . B orrow in g members, 17, h oldin g 144 shares; non-borrow ing members, 40, holding 3 3 0 % shares. Fem ale shareholders, 10, holding 52 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $1,070.13; rate 5 % per cent. N o unpaid w ithdraw als. Entrance fee, 25 cents per share. O perating ex penses, as defined in section 390 o f the Banking Law , incurred and pa id du rin g the year, $12.74. Unpaid, none. Prem ium plan, prem ium -interest. Interest paid by b orrow in g mem bers, 0 per cent. N o prem ium charged. Loans have been made in M onroe county, New Y ork State. Largest m ort gage loan outstanding, $3,200. M ortgages in foree in N ew Y ork State, $28,000. N o foreclosures du rin g the year. HOMESTEAD LOAN ASSOCIATION N o. 808 Pow ers B uilding, Rochester, N. Y . [Organized under Law of 1851. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... JOHN P. GEORGE GEORGE GEORGE Commenced business 18811 Post-office addresses SMITH.................................. W. COLBURN..................... W. THOMAS........................ W. THOMAS........................ Platt Street. 204 Granite Building. 806 Powers Building. 806 Powers Building. ASSETS Loans on bond and m ortg a g e........................... Shares o f Land Bank o f State o f New York R eal e s t a t e ............................................................ Cash on hand and in b a n k ............................... Advances fo r taxes, insurance, e t c ................ $83,505 00 1,000 00 192 12 2 ,0 3 7 78 8 80 $87,341 70 LIABILITIES Due shareholders, dues .......................................................................... Due shareholders, dividends cred ited ................................................ B orrow ed m oney ...................................................................................... U ndivided profits ...................................................................................... G uaran ty fund (a s per section 392 o f Banking L a w ) .................. Unearned, or rebatable prem iu m .......................................................... A pp ra isa l ..................................................................................................... In divid u al account .................................................................................. $ 5 2 ,9 4 3 2 ,9 3 9 4 ,0 0 0 4 ,3 0 8 1 ,8 2 2 1,321 0 94 35 00 04 77 30 00 30 $ 87,341 70 RECEIPTS .................. ......... Cash on hand January 1,1915................................................................ $ 4 ,7 0 8 18 Dues credited to members ..................................................................... 1 3,794 54 M oney borrow ed ......................................................................................... 4 ,0 0 0 00 M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. 4 ,4 0 5 00 R eal estate sold ......................................................................................... 2 ,5 0 0 00 Fees received .............................................................................................. 51 00 Fines received ............................................................................. 34 83 In terest r e c e iv e d ........................................................................... 2 ,8 0 4 55 Prem ium r e c e iv e d ....................................................................................... 5 7 5 00 D ividends credited ................................................................................... 2 ,4 2 9 10 Prem ium s earned ....................................................................................... 383 35 In divid u a l a c c o u n t ..................................................................................... 255 00 Taxes rebated .............................................................................................. 95 Telephone ....................................................................................................... 72 $ 3 5 ,9 4 0 02 203 M onboe County DISB U R SEM E N TS Loaned on m o r t g a g e .................................................................................. Dues repaid on w ithdraw al, o r applied on lo a n s ............................. Paid m atured shares ................................................................................ D ividends paid on w ithdraw al, o r applied on lo a n s ........................ Cash dividends paid on income and accum ulative prepaid shares ......................................................................................................... P aid interest on borrow ed money and p rior m ortga ges................ P aid salaries and clerk-hire ................................................................. P aid advertising, p rin tin g and p osta ge............................................... P aid rent ...................................................................................................... Paid banking departm ent, exam ination .......................................... P aid banking departm ent, assessm ent................................................. Advances fo r taxes, insurance, e t c ..................................................... Shares o f L and Bank .............................................................................. D ividends credited ..................................................................................... Prem ium s refunded .................................................................................. Expense o f real estate s a l e ..................................................................... Appraisals .................................................................................................... In dividual accou nt .................................................................................. Sundry expenses ......................................................................................... Cash on hand December 31, 1915.......................................................... $15,2 0 5 7 ,7 5 7 3 ,1 5 0 133 00 35 oo 30 1,307 63 673 13 420 23 5 6 1 ,0 00 2 ,4 2 9 559 23 42 258 171 2 ,6 3 7 70 33 00 75 00 88 25 80 00 10 05 25 00 25 23 78 $35,940 02 Plan, permanent. P a r value o f shares, $105. Instalm ents are 10 cents, 15 cents and 25 cents weekly. Shares in force January 1, 1915, 9 65; shares issued during the year, 20 9 ; shares w ithdraw n du rin g the year, 9 2 ; shares in foree, 1,082. B orrow ing members, 31, h oldin g 470 shares; n on-borrow ing members, 79, holdin g 606 shares. Fem ale shareholders, 46, holding 303 shares. T otal dividends credited members during the year on instalm ent shares, $1,061.40; rate, 5 per eent. T ota l dividends credited or paid in cash to members during the year on other shares, $1,367.70; rate, 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured du rin g the year, $3,150. M em bership fee, 25 cents. O perating expenses, as defined in section 390 o f the B anking Law , incurred and paid du rin g the year, $1,277.98. Unpaid, none. Prem ium plan, gross. Interest paid b y borrow in g members, 10 cents per share per week. Prem ium paid by b orrow in g members, $5 per share. Loans have been made in M onroe cou n ty, New Y ork State. Largest m ort gage loan outstanding, $6,205. M ortgages in force in New Y ork State, $63,505. N o foreclosures during the year. HUDSON STREET PERMANENT SAVING AND LOAN ASSOCIATION N o. 517 E llw anger and B a rry B uilding, Rochester, N . Y. [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1885] Names BERNARD LUEHM........................... HENRY W. MARTENS.................... JOHN B. WEQMAN......................... HENRY W. MARTENS.................... Post-office addresses 628> N. Goodman Street. 517 E. & B. Building. 105 Fernwood Avenue. 517 E. & B. Building. ASSETS Loans on bond and m ortg a g e ................................................................ Cash on hand and in b a n k ..................................................................... Furniture and fixtures ............................................................................ $11,900 00 297 74 60 00 $12,257 74 204 K eport of Savings and L oan A ssociations LIABILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends credited ................................................. Undivided profits ....................................................................................... G uaran ty fund (a s per section 392 o f Banking L a w ) ................ Unearned o r rebatable p r e m iu m .......................................................... $9 ,63 2 1,066 721 505 311 21 88 91 74 00 $12,2 6 7 74 RECEIPTS Cash on hand Janu ary 1, 1915................................................. ............. Dues credited t o members ............................................................ .. M ortgages redeemed, foreclosed or transferred t o real e s t a t e .. In terest r e c e iv e d ......................................................................................... $27 1 ,5 80 1 ,2 0 0 685 08 60 00 05 $ 3 ,4 9 2 73 DISBURSEMENTS Dues repaid on w ithdraw al, o r applied on lo a n s ............................. D ividends paid on w ithdraw al, o r applied on lo a n s .................... Cash dividends pa id on incom e and accum ulative prepaid shares .................. .................................................................. .................... P a id salaries and c le r k - h i r e ................................................................... P a id advertising, p rin tin g and p o s t a g e ...................................... P a id rent ........................................ ............................................................. P a id banking departm ent, exam ination .................................... .. P a id banking departm ent, a s s e s s m e n t............................................... Cash on hand December 31, 1915 .......................................................... $ 2 ,41 4 70 221 05 155 371 3 12 15 1 297 40 00 85 00 00 93 74 $ 3 ,4 9 2 73 Plan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents w eekly. Shares in fo rce Janu ary 1, 1915, 2 2 2 ; shares issued during th e year, n on e; shares w ithdraw n du rin g the year, 2 2 ; shares in force, 200. B orrow in g m em bers, 10, h oldin g 119 shares; non-borrow ing members, 15, h oldin g 81 shares. Fem ale shareholders, 8, holding 64 shares. T o ta l dividends credited m em bers du rin g the year on instalm ent shares, $246.46; rate, 5 p er emit. T o ta l dividends credited or paid in cash t o members du rin g the yea r on oth er shares, $163.31; rate, 4 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in action 390 o f the Banking l a w , incurred and paid du rin g the year, $386.85. U npaid, none. Prem ium plan, gross. In terest pa id b y b orrow in g members, 5 % per cent. Prem ium pa id b y b orrow in g members, 5 per cent. Loans have been m ade in M onroe county, N ew Y ork State. L argest m ort gage loan outstanding, $2,500. M ortgages in force in N ew Y ork S tate, $11,900. N o foreclosures du rin g the year. PINNACLE AVENUE SAVINGS AND LOAN ASSOCIATION No. 842 C linton avenue, South, Rochester, N . Y . [ Organized under Law of 1851. Officers President.................... Secretary..................... Treasurer;................. Attorney..................... Names CHARLES WILLIAM WILLIAM WILLIAM Commenced business 1890] Post-office addresses C. RBHTZ................................................ J. R IC H T E R ..;..................................... RISBNBBRG............................................ J. RICH TER............................................ Rochester. Rochester. Rochester. Rochester. M onroe County ASSETS Loans on bond and m ortg a g e................................................................... Cash on hand and in ba n k ....................................................................... Furn itu re and f ix t u r e s .............................................................................. 205 $117,675 00 2 ,6 9 0 73 50 00 $120,415 73 LIABILITIES Due shareholders, d u e s .............................................................................. Due shareholders, dividends cred ited ................................................. Borrow ed m o n e y ......................................................................................... Undivided profits ...................................................................................... G uaran ty fu n d (as per section 392 o f Banking L a w ) .................. Unearned o r rebatable prem ium .......................................................... $ 95,022 12,536 1 ,0 0 0 2 ,2 7 3 5 ,4 0 0 4 ,1 8 3 19 74 00 45 00 35 $120,415 73 RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers....................................................................... M oney borrow ed ....................................................................................... M ortgages redeemed, foreclosed o r transferred to real e s ta t e .. Fees received ................................................................................................ Fines received ............................................................................................. Interest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................................................................... D ividends retained on w ith d raw a ls..................................................... $ 4 ,47 8 63,925 5 ,0 0 0 17 ,55 0 37 22 5 ,6 97 1,467 59 52 57 00 00 25 87 16 00 60 $ 98,237 97 DISBURSEMENTS Loaned on m o rtg a g e..................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s............................. P a id m atured shares ................................................................................ D ividends paid on w ithdraw al, or applied on lo a n s ...................... Paid borrow ed m oney and p rior m ortga ges...................................... Paid interest on borrow ed m oney and prior m ortga ges.............. P a id salaries and clerk h ir e ..................................................................... P aid r e n t ......................................................................................................... P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent................................................. Prem ium rebated ....................................................................................... Office books and su p p lies.......................................................................... Exam ination by members ....................................................................... Cash on hand Decem ber 31, 1915.......................................................... $26,3 0 0 3 8,666 19,476 2 ,6 4 4 7 ,0 00 154 869 78 25 9 285 36 3 2 ,6 9 0 00 30 35 06 00 44 50 00 00 04 00 55 00 73 $98,237 97 Plan, permanent. P ar value o f shares, $100. Instalm ents are 15 cents weekly. Shares in force Janu ary 1, 1915, 1 ,8 0 8 % ; shares issued durin g the year, 3 6 4 ; shares w ithdraw n du rin g the year, 2 9 7 % ; shares in force, 1,874% . B orrow ing members, 94, holding 1,176% shares; non-borrow ing members, 401, holding 698 shares. Fem ale shareholders, 189, h oldin g 837 shares. T otal dividends credited members during the year on instalm ent shares, $4,515.01; rate, 5 per cent. N o unpaid w ithdraw als. Am ount o f shares matered du rin g the year, $19,467.35. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid during the year, $987.06. Unpaid, none. 206 R eport on S avings and L oan A ssociations Prem ium plan, gross. Interest paid b y borrow in g members, 10 cents per share per week. Prem ium "paid by borrow in g members, $9 per share. Loans have been made m M on roe county, New Y ork State. L argest m ortgage loan outstanding, $5,500. M ortgages in force in N ew Y ork State, $117,075. N o foreclosures durin g the year. PROFIT LOAN ASSOCIATION No. 448 Pow ers B lock, Rochester, N . Y. [Organized Officers President..................... Secretary..................... Treasurer................... Attorneys............ « . . . under Daw of 1851. Commenced business 1880] Names Post-office addresses LEWIS H. GILBERT.................................... Rochester, N. Y. WILLIAM J. TRIM BLE............................. Rochester, N. Y. JOHN H. ASHTON...................................... Rochester, N. Y. GEO. & S. C. TRUESDALE......................... Rochester, N. Y. ASSETS Loans on bond and m ortg a g e................................................................. C ontracts fo r the sale o f real esta te.................................................... R ea l estate .................................................................................................... Cash on hand and in b a n k ..................................................................... $472,600 9 ,7 5 7 2 ,2 8 1 23 ,31 1 00 16 71 63 $507,950 50 LIABILITIES D ue shareholders, d u e s .............................................................................. D ue shareholders, dividends cred ited .................................................... U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) .................. $340,170 116,419 3 7 ,87 0 13,490 01 91 58 00 $507,950 50 RECEIPTS Cash on hand January 1, 1 9 1 5 ................................................................ Dues credited t o m em bers....................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Fees received ................................................................................................ F ines received .............................................................................................. Interest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... $17,763 138,831 8 0 ,600 14 80 20,047 9 ,4 0 3 01 87 00 00 00 66 64 $266,740 18 DISBURSEMENTS Loaned on m o r t g a g e ................................................................................... Dues repaid on w ithdraw al, o r applied on lo a n s ........................... D ividends paid on w ithdraw al, or applied on lo a n s...................... P a id fo r real e s t a t e ................................................................................... P a id salaries and elerk-hire..................................................................... P a id advertising, p rin tin g and p osta ge............................................. P a id ren t ...................................................................................................... P a id repairs t o real esta te..................................................................... P a id taxes, insurance, e t c .......................................................................... P a id banking departm ent, exam in ation ............................................... P a id banking departm ent, assessm ent................................................. Officers’ bonds .............................................................................................. A ttorn ey’s fees ....................................................................... Com m ission on real estate s a le ............................................................... Cash on hand December 31, 1915.......................................................... $120,800 107,526 10,552 2 ,1 1 2 1 ,5 76 130 64 26 232 81 33 15 178 100 2 3 ,31 1 00 52 63 76 00 70 00 10 27 00 57 00 00 00 63 $266,740 18 207 M onroe County Flan, permanent. F ar value o f shares, $100. Instalm ents are 10 cents weekly. Shares in force January 1, 1915, 7,056; shares issued durin g the year, 2,004; shares w ithdraw n du rin g the year, 1,209; shares in force, 7,851. B or row in g members, 158, holdin g 4,726 shares; non-borrow ing members, 341, holding 3,125 shares. Fem ale shareholders, 214, holding 2,208 shares. T ota l dividends credited members durin g the year on instalm ent shares, $23,290.85; rate, 6 % per cent. N o unpaid w ithdraw als. M em bership fee, 25 cents. Operating expenses, as defined in section 390 o f the Banking Taw , incurred and paid during the year, $1,785.70. Unpaid, none. Frem ium plan, prem ium -interest. Interest paid b y borrow in g members, 10 cents per share per week. Frem ium paid by borrow in g members, 5 cents per share per week. Loans have been made in M onroe county, New Y ork State. Largest m ort gage loan outstanding, $12,000. M ortgages in force in N ew Y ork State, $472,600. Tw o foreclosures du rin g the year. SECURITY LOAN ASSOCIATION No. 448 Pow ers Building, Rochester, N. Y. .[Organized under Law of 1861. Officers President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1881] Names Post-office addresses IBAN K J. FLYNN....................................... Rochester, N. Y. WILLIAM H. FARAGHBR.......................... Rochester, N. Y. WILLIAM H. FARAGHER.......................... Rochester, N. Y. GEORGE TRUE8DALE............................... Rochester, N. Y. ASSETS Real estate .................................................................................................... Cash on hand and in b a h k ..................................................................... $11,600 00 562 13 $12,162 13 LIABILITIES Due shareholders, d u e s .............................................................................. Due shareholders, dividends cred ited ................................................... P rior m ortgages ......................................................................................... Undivided profits ....................................................................................... Guaranty fund (as per section 392 o f Banking L a w ) ................. $4,762 936 4 ,8 0 0 754 909 43 15 00 10 45 $12,162 13 RECEIPTS Cash on hand January 1, 1915.............................................................. Fees received ............................................................................................... Rent r e c e iv e d ................................................................................................ $712 41 1 50 960 00 $1,673 91 DISBURSEMENTS Paid interest on borrow ed money and prior m ortgages................ P aid repairs to real esta te..................................................................... P aid taxes, insurance, e t c ......................................................................... P aid banking departm ent, exam ination............................................ P aid banking departm ent, assessm ent............................................... Com m ission fo r collectin g ren ts............................................................ Cash on hand December 31, 1915.............................................................. $288 221 544 7 1 47 562 00 57 85 50 87 99 13 $1,673 91 208 R eport oh S avings and L oan A ssociations P lan , permanent. P ar value o f shares, $105. Instalm ents are 10 cents, 15 cents and 25 cents weekly. Shares in force Janu ary 1, 1015, 118; shares issued du rin g the year, n on e; shares w ithdraw n du rin g the year, n on e; shares in force, 118. B orrow in g mem bers, n one; n on-borrow ing members, 14, holdin g 118 shares. Fem ale share holders, 3, holdin g 11 shares. A m ou n t o f filed and unpaid w ithdraw als Decem ber 3 1 ,19 1 5 , $4,726.43. M em bership fee, 25 cents. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $47.99. U npaid, none. Prem ium plan, gross. Interest paid b y borrow in g m em bers, 10 cents per share per week. Prem ium paid b y borrow ing members, $10 per share. N o m ortgage loans outstanding. N o foreclosures du rin g the year. TWENTIETH WARD CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 341 Cam pbell street, Rochester, N . Y . [Organized under Law o f 1892. Officers Names President..................... Secretary..................... Treasurer................... Attorney..................... Commenced business 1896] Post-office addresses HENRY A. MENSING.................... AUGUST J. DENTINGER............ JOHN SEILER................................. WILLIAM F. LOVE........................ M l Campbell Street. 40 Home Place. M l Campbell Street. Court House, Rochester. ASSETS Loans on bond and m ortg a g e ............................. ..................................... Cash on hand and in b a n k ....................................................................... Advances fo r taxes, insurance, e t c ........... ............................................ $121,700 00 7 ,6 8 3 29 20 25 $129,403 54 LIABILITIES D ue shareholders, d u e s .............................................................................. D ue shareholders, dividends cred ited ................................................... U ndivided profits ...................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) ................ $107,759 13,691 5 ,9 1 3 2 ,0 3 9 15 80 09 40 $129,403 54 RECEIPTS Cash on hand January 1, 1915.............................................................. D ues credited to m em bers....................................................................... M ortgages redeemed, foreclosed o r transferred to real e s t a t e .. Fees received ................................................................................................ Fines received ............................................................................... In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................................................................... D ividends retained on w ith draw a ls...................................................... $ 7 ,71 9 7 1 ,80 2 1 2,600 286 10 6 ,1 1 8 1 ,694 2 03 09 00 80 64 13 58 68 $100,233 95 DISBURSEMENTS Loaned on m ortga ge.................................................................................. Dues repaid on w ithdraw al, or applied o n lo a n s ........................... P a id m atured shares ................................................................................ D ividends pa id on w ithdraw al, or applied on lo a n s ...................... P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta g e............................................... P a id ren t .................................................................................................... P a id banking departm ent, exa m in a tion ............................................. $ 2 5 ,3 0 0 56,541 6 ,5 0 4 3 ,3 0 9 730 28 50 23 00 26 14 06 00 50 00 88 209 M onroe County P a id banking departm ent, assessm ent............................................... Advances lo r taxes, insurance, e t c ........................................................ Check protector ......................................................................................... Cash on hand December 31, 1915.......................................................... $9 20 34 7 ,6 8 3 27 25 30 29 $100,233 95 Plan, permanent. P a r value o f shares, $100. Instalm ents are 10 cents and 25 cents weekly. Shares in foree January 1, 1915, 5,140; shares issued du rin g the year, 1,504; shares w ithdraw n during th e year, 1,252; shares in force, 5,392. B or row in g members, 93, holdin g 1,368 shares; non-borrow ing members, 528, hold ing 4,024 shares. Fem ale shareholders, 229, holdin g 1,591 shares. T ota l dividends credited members du rin g the yea r on instalm ent shares, $6,181.30; rate, 6 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured during the year, $6,504.14. Entrance fee, 10 cents and 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $842.80. Unpaid, none. Prem ium plan, prem ium -interest. In terest paid b y borrow in g members, 5 yB per cent. Prem ium paid b y borrow ing members, 3 cents per share per week. Loans have been m ade in M onroe county, N ew Y ork State. L argest m ort gage loan outstanding, $5,200. M ortgages in force in N ew Y ork State, $121,700. N o foreclosures during the year. UNION PERMANENT SAVINGS AND LOAN ASSOCIATION N o. 664 Clinton avenue, N orth, Rochester, N. Y . |Organized under Law o f 1861. Officers Names President..................... Secretary..................... Treasurer................... Attorneys..................... Commenced business 1886] Post-office addresses ROBERT SIEBERT................. EDWARD A. SHULTS............ CHARLES NUNNOLD............... WERNER & HARRIS............. Rochester. 34 City Hall. ©04 Clinton Avenue, North. Insurance Building. ASSETS Loans on bond and m ortg a g e................................................................ Cash on hand and in b a n k ..................................................................... $52,640 00 1,792 95 $ 54,432 95 LIAB ILITIES Due shareholders, dues ......................................................................... Due shareholders, dividends cred ited ............................................... U ndivided profits ..................................................................................... G uaranty fund (as per section 392 o f B anking L a w ) ................ Unearned o r rebataole prem iu m .......................................................... $42,407 8 ,551 1 ,3 0 0 985 1,187 51 58 92 82 12 $ 54,432 95 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Fees received ............................................................................................. Fines received ............................................................................................. Interest received ................. Prem ium received ..................................................................................... $61 15,687 4 ,8 0 0 36 2 2 ,5 8 8 427 72 43 00 40 02 69 50 $23,603 76 210 R eport on S avings and L oan A ssociations DISBURSEMENTS Loaned on m ortgage ................................................................................. Dues repaid on w ithdraw al, or applied on lo a n s ......................... D ividends paid on w ithdraw al, or applied on lo a n s .................... P a id salaries and elerk-hire...................................... .......................... , P a id advertising, p rin tin g and p o s ta g e ............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... A dvances fo r taxes, insurance, e t c ........................................................ S tate le a g u e dues and expenses.......................................................... M ortga ge t a x ................................................................................................ R o ll b ook ....................................................................................................... N o ta ry ’s fees .............................................................................................. Cash on hand Decem ber 31, 1915.......................................................... $ 9 ,5 0 0 10 ,60 0 1, 038 370 19 52 15 4 83 28 28 9 1 1 ,7 92 00 53 83 00 55 00 00 40 50 00 50 00 50 95 $23,6 0 3 70 P lan, permanent. P a r valu e o f shares, $100. Instalm ents are 10 cents w eekly. Shares in force Ja n u a ry l , 1915, 1,207; shares issued d u rin g th e year, 3 5 4 ; shares w ithdraw n du rin g th e yea r, 114; shares in force, 1,447. B orrow in g members, 29, h oldin g 531 shares; n on-borrow ing mem bers, 139, h oldin g 910 shares. Fem ale shareholders, 56, h oldin g 371 shares. T o ta l dividends credited mem bers du rin g the year on instalm ent shares, $2,035.18; rate, 5 % per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in section 390 o f th e B anking Law , incurred and pa id d u rin g the year, $480.05. U npaid, none. Prem ium plan, gross. In terest paid b y b orrow in g members, 5 % per cent. Prem ium pa id b y b orrow in g members, $4.50 per share. Loans have been m ade in M onroe cou nty, N ew Y ork State. L argest m ort gage loan outstanding, $4,000. M ortgages in force in N ew Y o rk S tate, $52,640. N o foreclosures du rin g th e year. UNITED PERMANENT SAYINGS AND LOAN ASSOCIATION N o. 510 P ortla n d avenue, R ochester, N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under la w s of 1851. Commenced business 1886J Names Post-office addresses PRANK D. FOLSOM 130 Carter Street. LEO SPIEGEL........... 5431Bernard Street. LOUIS KNAPP......... Clifford Avenue. JOHN B. K IL B Y ... Powers Building. ASSETS L oa n s on bond and m ortg a g e........................... Cash on hand and in b a n k ................................. F u rn itu re and fixtures ...................................... $ 7 1 ,6 5 0 00 1 ,6 87 31 50 00 $73,3 8 7 31 LIAB ILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends cre d ite d ................................................. U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking l a w ) ................ $ 5 8 ,2 1 4 11,831 1 ,1 9 2 2 ,1 5 0 10 15 00 00 $73,387 31 M onroe County RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers....................................................................... M ortgages redeemed, foreclosed o r transferred to real estate. Fees received ............................................................................................. Fines received ........................................................................................... Interest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................................................................... 211 $ 2 ,19 2 2 9 ,60 3 8 ,0 5 0 22 6 3 ,2 7 8 861 57 00 00 70 10 50 55 $ 44,114 42 DISBURSEMENTS Loaned on m ortgage ................................................................................ Dues repaid on w ithdraw al, or applied on lo a n s ......................... D ividends paid on w ithdraw al or applied on lo a n s.................... P aid salaries and clerk -h ire................................................................... P aid advertising, prin tin g and p osta g e............................................. P aid rent ...................................................................................................... P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... Officers’ bonds ............................................................................................. Cash on hand December 31, 1915.......................................................... $13,300 2 7,223 1,338 448 55 25 23 5 8 1,687 00 34 80 00 10 00 01 86 00 31 $44,1 1 4 42 Plan, permanent. P a r value o f shares, $100 and $200. Instalm ents are 10 cents and 25 cents weekly. Shares in force J anu ary 1, 1915, 1,361; shares issued du rin g the year, 2 2 7 ; shares w ithdraw n during the year, 186; shares in force, 1,402. B orrow ing members, 42, holdin g 373 shares; non-borrow ing members, 223, holding 1,029 shares. Fem ale shareholders, 98, holding 457 shares. T ota l dividends credited members du rin g the year on instalm ent shares, $3,516.85; rate, 7 per cent. No unpaid w ithdraw als. Entrance fee, 10 cents per share. Operating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $528.10. Unpaid, none. Prem ium plan, instalm ent. Interest paid by b orrrow in g members, 5 % per cent. Prem ium paid by borrow ing members, 5 cents per $200 share per week. Loans have been made in M onroe county, New Y ork State. Largest m ort gage loan outstanding, $3,600. M ortgages in force in N ew Y ork State, $71,650. N o foreclosures during the year. WADSWORTH DIME BANKING AID AND LOAN ASSOCIATION N o. 576 Hudson avenue, Rochester, N. Y. [Organized under Law of 1851. Commenced business 1887] Officers Names Post-office addresses 196 Hudson Avenue. President..................... HENRY J. SIMMRLINK. Secretary..................... GEORGE STURMER----964 Clifford Avenue. JOSEPH F. RIBSTEIN. 16 Exchange PI. Bldg. Treasurer................... ASSETS Loans on bond and m ortg a g e ................................................................ Cash on hand and in b a n k .............................................,......................... Furniture and fix tu res.............................................................................. $62,400 00 2 ,2 9 9 32 40 00 $64,739 32 212 R eport on S avings and L oan A ssociations LIAB ILITIES D ue shareholders, dues ............................................................................ D ue shareholders, dividends cred ited ................................................. U ndivided profits ............................. ......................................................... G uaran ty fu n d (as per section 392 o f B anking L a w ) .................. $53,921 5 ,3 5 4 2 ,4 6 3 3 ,0 0 0 80 00 52 00 $64,7 3 9 32 RECEIPTS Cash on hand Ja n u a ry 1, 1915................................................. $598 D ues credited t o m em bers.......................................................... 1 8 ,12 0 M ortgages redeemed, foreclosed or tran sferred to real esta te. Fees received ................................................................................................ In terest r e c e iv e d ............................................................................ 2 ,9 5 5 Prem ium r e c e iv e d .......................................................................... 1 ,5 0 0 37 65 9 ,4 0 0 00 23 70 25 75 $ 3 2 ,5 9 8 72 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Dues repaid on w ithdraw al, o r applied on lo a n s ........................... D ividends paid on w ith draw al, o r applied on lo a n s ...................... Cash dividends pa id on incom e and accum ulative prepaid s h a r e s .......................................................................................................... P a id salaries and clerk -h ire................................................................... P a id banking departm ent, assessm ent............................................... S a f e ................................................................................................................... Cash on hand Decem ber 31, 1915 ........................................................ $ 9 ,7 0 0 00 16 ,82 0 20 1 ,8 56 65 1,2 78 494 5 144 2 ,2 9 9 50 35 45 25 32 $ 3 2 ,5 9 8 72 P la n , permanent. P a r value o f shares, $100. Instalm ents are 10 cents w eekly. Shares in force J anu ary 1, 1915, 1,386; shares issued du rin g the year, 23 7 ; shares w ithdraw n du rin g the year, 398; shares in force, 1,225. "Borrowing mem bers, 32, h oldin g 624 shares, non-borrow ing members, 85, h oldin g 601 shares. Fem ale shareholders, 34, h oldin g 277 shares. T ota l dividends credited members du rin g the yea r on instalm ent shares $2,396.15; rate, 8 per cent. T o ta l dividends credited o r pa id in cash to members du rin g th e yea r on oth er shares, $1,278.50; rate, 6 per cent. N o unpaid w ithdraw als. Entrance fee, 10 cents per share. O perating expenses, as defined in Section 390 o f the B anking Law , incurred and paid du rin g th e year, $638.60. U npaid, none. Prem ium plan, instalm ent. Interest paid bv borrow in g members, 5 % per cent. Prem ium p a id by borrow in g members, 5 cents per share per week. Loans have been made in M onroe county, N ew Y ork State. Largest m ort gage loan outstanding, $4,500. M ortgages in force in N ew Y ork State, $62,400. N o foreclosures du rin g the year. THE WESTERN SAVINGS AND LOAN ASSOCIATION N o. 232 P ierpon t street, R ochester, N . Y . [Organized under Law o f 1892. Commenced business 1894] Officers Names Post-office addresses Rochester, N. Y. THOMAS A. SMYTH Vice-President Rochester, N. Y. E. C. STEPHENS------Secretary........ Rochester, N. Y. E. C. S T E P H E N S .... Treasurer.. . . Rochester, N. Y. RICHARD E. WHITE Attorney......... ASSETS ...................................................... $577 71 Cash on hand and in bank 218 N assau County LIABILITIES U ndivided profits ....................................................................................... W ithdraw al certificates ........................................................................... Interest reserved ....................................................................................... $377 48 42 33 157 88 $577 71 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Interest r e c e iv e d ......................................................................................... $560 29 22 42 $582 71 DISB U R SEM E N TS Paid banking departm ent, exa m in a tion ............................................. Cash on hand December 31, 1915.......................................................... $5 00 577 71 $582 71 P lan, serial. P a r value o f shares, $100. Instalm ents are 15 cents, 50 cents and $1 m onthly. Shares in force Janu ary 1, 1915, n on e; shares issued du rin g the year, n one; shares w ithdraw n du rin g the year, n on e; shares in force, none. No unpaid w ithdraw als. O perating expenses, as defined in section 390 of the Banking Law, incurred and paid during the year, none. U npaid, none. N o m ortgage loans outstanding. N o foreclosures during the year. NASSAU COUNTY HEMPSTEAD CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 68 M ain street, Hem pstead, N. Y . [Organized under Law-, o f 1851. Commenced business 188#] Officers President..................... Secretary..................... Treasurer.................... Names Post-office addresses S. ALONZO SMITH..................................... Hempstead, N ..Y . GEORGE H. BAUKNEY............................ Hempstead, N. Y. WILLIAM PLYBR..................................... Hempstead, N. Y. ASSETS Loans on bond and m ortga ge................................................................. $203,640 00 Loans on shares ......................................................................................... 14,042 00 Cash on hand and in b a n k ....................................................................... 16,116 66 Installments due and unpaid ..................................... Interest, premiums, fees and fines due and unpaid.. #2,113 00 1,281 80 $233,798 66 LIABILITIES D ue shareholders, dues ...................................................................... D ue shareholders, dividends cred ited .................................................... U ndivided profits ....................................................................................... G uaran ty fund ( as per section 392 o f B anking L a w ) .................. Special d e p o s it s ........................................................................................... $182,182 40 ,13 9 7 ,3 65 4 ,0 9 0 20 00 92 79 95 00 $233,798 66 RECEIPTS Cash on hand Ja n u a ry 1, 1915.............................................................. Dues credited t o m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta te .. Loans on shares re p a id .............................................................................. $15,844 34 ,46 9 1 ,2 00 2 1 ,60 0 11,232 87 00 00 00 00 214 R eport on S avings and L oan A ssociations Fees received .............................................................................................. F ines received .............................................................................................. In terest received ....................................................................................... Prem ium received ....................................................................................... .Dividends retained on w ithdraw als ................................................... Special d e p o s it s ........................................................................................... A pp ortioned profits .................................................................................. $69 539 11,825 1,181 1,081 80 101 00 20 82 90 46 00 50 $99,224 75 DISBURSEMENTS Loaned on m o r t g a g e ................................................................................... Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, o r applied on lo a n s ........................... D ividends pa id on w ithdraw al, o r applied on lo a n s ...................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s ........................................................................................................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges.............. P a id salaries and clerk -h ire................................................................... Paid advertising, p rin tin g and p osta ge............................................. P a id r e n t ........................................................................................................ P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent................................................. Officers’ bonds .............................................................................................. S tate League dues ..................................................................................... A ppraisers’ fees ......................................................................................... B o o k s ................................................................................................................ Cash on hand Decem ber 31, 1915.......................................................... $38,2 0 0 11,250 23 ,78 0 7 ,5 3 4 00 00 00 56 86 1 ,200 8 610 25 60 56 16 5 7 105 162 16,116 00 00 75 00 88 00 90 44 00 00 00 56 66 $99,2 2 4 75 P lan , serial. P ar value o f shares, $200 and $240. Instalm ent are $1 m onthly. Shares in force Janu ary 1, 1915, 2,701; shares issued durin g the year, 5 16; shares w ithdraw n du rin g the year, 3 5 3 ; shares in force, 2,864. B orrow in g members, 131, h oldin g 931 shares; non-borrow ing members, 354, holding 1,933 shares. Fem ale shareholders, 139, h oldin g 755 shares. T ota l dividends credited members during the year on instalm ent shares, $11,621.54; rate, 6 % per cent. T ota l dividends credited o r paid in cash to members du rin g th e yea r on oth er shares, $ 8 6 ; rate, 4 per cent. N o unpaid w ithdraw als. Mem bership fee, $1. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $975.44. Unpaid, none. Prem ium plan, instalm ent. Interest pa id b y borrow in g members, 5 per cent, and 6 per cent. Prem ium paid b y borrow in g members, 1 per cent. Loans have been made in N assau county, N ew Y ork State. Largest m ort gage loan outstanding, $5,000. M ortgages in force in New Y ork State, $203,640. N o foreclosures du rin g the year. PORT WASHINGTON BUILDING AND LOAN ASSOCIATION OF QUEENS COUNTY, N. Y . N o. 277 M ain street, P o rt W ashington, N. ¥. (Organized under Law of 1861. Officers Names President..................... Secretary..................... Treasurer................... Attorney...................... Commenced business 1891] Post-office addresses CHARLES F. LEW IS...................... CHARLES E. HYDE......................... ALFRED C. BAYLBS...................... ALLEN PERCY BAXTER................ Port Washington. Port Washington, Port Washington, Port Washington, N. N. N. N. Y. Y. Y. Y. N assau County ASSETS Loans on bond a,nd m ortg a g e................................................................. Loans on s h a r e s ......................................................................................... Cash on hand and in b a n k ....................................................................... Furniture and f ix t u r e s .............................................................................. 215 $168,900 2 ,7 6 0 16,040 190 00 00 14 17 $187,890 31 LIABILITIES Due shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ......... ......................................... Balance to be paid borrow ers on m ortgage lo a n s ........................... Undivided profits ....................................................................................... G uaranty fun d (a s per section 392 o f Banking L a w ) .................. $144,392 3 2 ,64 0 900 5 ,4 5 8 4 ,4 9 9 00 18 00 74 39 $187, 890 31 RECEIPTS Cash on hand Janu ary 1, 1915.............................................................. Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s ta t e .. . Loans on shares re p a id ............................................................................ Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... Premium r e c e iv e d ....................................................................................... D ividends retained on w ith draw a ls..................................................... $10,685 33,598 5 ,0 0 0 2 0 ,60 0 1 ,0 0 0 45 166 9 ,2 2 5 2 ,7 9 4 364 43 00 00 00 00 00 49 46 98 69 $ 83,480 05 DISB U R SEM E N TS Loaned on m o rtg a g e.................................................................................. Loaned on shares ....................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ............................. Paid m atured shares ................................................................................ Dividends paid on w ithdraw al, or applied on lo a n s ...................... P aid borrow ed m oney and p rior m ortga ges...................................... Paid interest on borrow ed m oney and p rior m ortg a g es................ P aid salaries and clerk -h ire................................................................... Paid advertising, p rin tin g and posta ge............................................... P aid ren t ....................................................................................................... P aid banking departm ent, exa m in a tion ............................................. P aid banking departm ent, assessm ent............................................... State League d u e s ....................................................................................... Special deposits r e t u r n e d ....................................................................... Legal f e e s ...................................................................................................... In tern al revenue sta m p s............................................................................ B u rgla ry insurance .................................................................................. C a b in e t ............................................................................................................ Cash on hand December 31, 1915.......................................................... $20,300 800 5 ,6 8 2 23 ,73 3 911 1 4,600 398 660 66 75 53 13 5 94 7 1 25 10 16,040 00 00 00 44 67 00 65 00 93 00 81 96 50 49 54 92 00 00 14 $ 8 3 ,4 8 0 05 Plan, serial. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 2,617; shares issued during the year, 4 94; shares w ithdraw n durin g the year, 26 8 ; shares in force, 2,843. B orrow ing members, 60, h oldin g 624 shares; non-borrow ing members, 232, h oldin g 2,219 shares. Fem ale shareholders, 123, holdin g 1,162 shares. T ota l dividends credited members during the year on instalm ent shares, $11,006.31; rate 6 9 /1 0 per cent. 216 K eport of Savings and L oaf A ssociations N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g the year, $23,733.44. M em bership fee, $1. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid durin g the year, $834.35. U npaid, none. Prem ium plan, instalm ent. Interest pa id b y b orrow in g members, 5 per cent. Prem ium pa id b y b orrow in g members, 35 cents per share per month. Loans have been m ade in N assau eounty, N ew Y o rk State. L argest m ort gage loan outstanding, $7,000. M ortgages in force in N ew Y o rk State, $168,900. N o foreclosures durin g the year. ROCKVILLE CENTRE SAVINGS AND LOAN ASSOCIATION N o. 76 V illa g e avenue, R ockville Centre, N . Y . [Organized under Law o f 1851. Officers P resident................... Secretary..................... Treasurer................... Attorneys..................... Commenced business 1889] Fames BEVILLO N. BULSON...................... NELLIE P. O’N EILL......................... WILLIAM H. CONNELL................... HOOL1Y & WILSON........................ Post-office addresses Roekville Centre, Rockville Centre, Rockville Centre, Rockville Centre, ASSETS Loans on bond and m ortga ge................................................................. Loans on shares............................................................................................ Cash on hand and in b a n k ..................................................................... N. N. N. N. Y. Y. Y. Y. $ 2 4 ,0 9 0 00 3, 345 00 2 ,0 5 9 4 6 $ 2 9 ,4 9 4 46 LIAB ILITIES Due shareholders, d u es............................................................................ D ue shareholders, dividends cred ited .................................................... U ndivided profits ....................................................................................... G uaranty fu n d (a s per section 392 o f Banking L a w ) ................ $ 1 9 ,4 3 0 7, 731 532 1 ,8 0 0 44 38 64 00 $29,4 9 4 46 RECEIPTS Cash on hand J a n u a ry 1, 1915............................................................. D ues credited to m em bers ..................................................................... L oans on shares rep aid............................................................................... Fees r e c e iv e d ................................................................ In terest r e c e iv e d .......................................................................................... Prem ium received ..................................................................................... $ 5 ,4 4 7 4 ,3 5 8 2 ,0 0 0 2 1 ,5 0 5 196 87 63 00 00 10 20 $ 1 3 ,5 0 9 80 DISBURSEMENTS Loaned on m ortga ge................................................................................... Loaned o n shares......................................................................................... D ues repaid on w ithdraw al, o r applied on lo a n s ......................... D ividends pa id on w ithdraw al, o r a pplied on lo a n s .................... P a id salaries and clerk -h ire................................................................... P a id advertising, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent.................................................. Cash on hand December 31, 1915.......................................................... $ 7 ,0 9 0 00 3 ,9 2 5 00 243 37 25 24 100 00 175 35 00 27 13 2 85 2 ,0 5 9 46 $ 1 3 ,5 0 9 80 217 B jw Y ork County Plan, permanent. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in fo rce J a n u a ry 1, 1916, 309; shares issued du rin g th e year, 2 6 ; shares w ithdraw n du rin g the year, 10; shares in force, 324. B orrow in g mem bers, 10, h oldin g 136 shares; non-borrow ing members, 38, h oldin g 189 shares. Fem ale shareholders, 22, holding 176 shares. T o ta l dividends credited mem bers d u rin g the year on instalm ent shares, $1,698.47; rate 6 per cent, and 8 per cent. N o unpaid w ithdraw als. M em bership fee, $1. O perating expenses, as defined in section 390 o f the Banking l a w , incurred and pa id du rin g th e year, $136.76. U npaid, none. Prem ium plan, instalm ent. In terest pa id b y borrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 18 cents per share per month. Loans have been made in Nassau county, New Y ork State. L argest m ort gage loan outstanding, $4,500. M ortgages in force in New Y ork State, ^ 4 ,0 9 0 . N o foreclosures durin g the year. N EW YORK COUNTY AMERICAN CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 147 l a s t 125th street, New Y ork, N. Y . [Organized under Law of 1887. Officers President. Secretary. Treasurer. Attorney. Commenced business 1888. Laws o f 1894] Names DANIEL O’BRIEN............... ARCHIBALD W. McEWlAN GEORGE J. ELLIOTT____ MARTIN S. COHEN............ Reorganized under Post-office addresses 63 East 126th Street. 2161 Bathgate Avenue. Ridgefield Park, N. J. 362 Broadway. ASSETS Loans on bond and m ortga ge............................. ................................... Loans on shares ......................................................................................... Shares o f Land Bank o f S tate o f New Y o r k .................................... Cash on hand and in b a n k ....................................................................... Furniture and fixtures ............................................................................ $57, 732 3 ,6 1 9 1, 000 3 ,472 41 54 00 00 52 05 $65,859 11 LIAB ILITIES Due shareholders, d u e s ............................................................................ Due shareholders, dividends cred ited................................................. B orrow ed m o n e y ......................................................................................... U ndivided profits ....................................................................................... G uaranty fund (a s per section 392 o f Banking L a w ) .................. Advances by L and B a n k ........................................................................ M a tu rity fund ............................................................................................ D eposit on loans ....................................................................................... $50,981 3 ,9 2 6 3 ,9 0 4 1, 876 1 ,8 6 9 3, 000 285 15 50 65 94 88 00 00 14 00 $ 65,859 11 RECEIPTS Cash on hand Janu ary 1, 1915............................. ................................. Dues credited to m em bers....................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed,foreclosed or transferred to real e s t a t e .. Loans on shares re p a id ............................................................................ Fines r e c e iv e d .............................................................................................. In terest received ....................................................................................... R en t received ............... $669 02 15,685 18 70000 5 ,0 28 84 1 ,5 13 00 1 02 3 ,4 8 3 11 50 00 218 R eport on S avings and L oan A ssociations Advances b y Land B a n k .......................................................................... M etropolitan League ................................................................................. $ 3 ,0 0 0 00 15 00 $ 3 0 ,1 4 5 17 DISBURSEMENTS Loaned on m o rtg a g e................................................................................... Loaned on shares.......................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... P a id m atured shares.................. ................................................................ D ividends paid on w ithdraw al, or applied on lo a n s....................... € a sh dividends pa id on incom e and accum ulative prepaid shares P a id borrow ed m oney and p rior m ortga ges...................................... P a id interest on borrow ed m oney and p rior m ortga ges................ P a id salaries and clerk -h ire................................................................... P a id advertising, prin tin g and p osta ge............................................... P a id rent ..................................................................................................... P a id banking departm ent, exam in ation ............................................. P a id banking departm ent, assessm ent............................................... S ta te League dues ..................................................................................... Shares o f Land B a n k ................................................................................. D ividends on m atured shares................................................................. Sp ecial deposit ........................................................................... A ttorn ey’s fees ....................................................•...................................... Office e x p e n s e s .............................................................................................. Cash on hand December 31, 1915.......................................................... $ 1 2 ,3 5 0 00 1 ,4 73 00 6 ,0 1 4 18 1,961 29 562 27 671 39 1, 025 00 291 95 200 00 36 75 2 4 0 '0 0 16 35 4 88 9 00 1 ,0 0 0 00 87 *2 50 00 31 37 48 00 3 ,4 7 2 52 $ 3 0 ,1 4 5 17 Plan, permanent. P a r value o f shares, $200. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 1 ,1 0 1 % ; shares issued during th e year 337; shares w ithdraw n du rin g the year, 138; shares in force, 1,300% . B orrow in g mem bers, 29, h oldin g 2 0 6 % shares; non-borrow ing members, 146, h oldin g 1,094 shares. Fem ale shareholders, 39, h oldin g 195 shares. T ota l dividends cred ited mem bers during the year on instalm ent shares, $1,296.67; rate 5 per cent. T o ta l dividends credited or paid in cash to members during the year on other shares, $828.32; ra te 5 per cent. N o unpaid w ithdraw als. A m oun t o f shares m atured du rin g th e year, $1,961.29. O perating expenses, as defined in section 300 o f the B anking Law , incurred and paid du rin g the year, $515.12. Unpaid, none. N o prem ium plan. Interest paid b y b orrow in g members, 6 per cent. N o prem ium charged. L oan s have been m ade in B ronx, K in gs, N ew Y ork, Queens, R ichm ond and W estchester counties, N ew Y ork State and in New Jersey. L argest m ortgage loan outstanding, $3,800. M ortgages in force in New Y ork State, $38,979. N o foreclosures during th e year. BANK CLERKS* CO-OPERATIYE BUILDING AND LOAN ASSOCIATION OP NEW YORK CITY N o. 26 B roadw ay, N ew Y ork, N . Y. {Organized Officers President..................... Financial Secretary.. Treasurer................... Attorney..................... under Law o f 1851. Commenced Names WILLIAM 3. NEVIUS.............. CHARLES S, GAUBERT.......... WILLIAM H. JUDSON.............. HERBERT REEVES..................... business 1890] Post-office addresses S. Orange, N. 3. Box 23, Sta. W, Brooklyn. 26 Broadway. 55 Liberty Street. ASSETS Loans on bond and mortgage Loans on shares....................... $904,490 00 73,931 00 219 N ew Y ork County Shares o f Land Bank o f State o f New Y o r k .................................... Real estate .................................................................................................. Cash on hand and in b a n k ..................................................................... Advances for taxes, insurance, e t c ........................................................ Interest accrued ......................................................................................... Installments due and unpaid..................................... Interest, premiums, fees and fines due and unpaid.. $ 6 ,0 0 0 8 ,1 0 0 5 6 ,7 8 0 695 4 ,8 9 6 00 00 11 35 99 $1,228 00 998 21 $1, 054, 902 45 L IA B IL IT IE S Due shareholders, dues .......................................................................... Due shareholders, dividends cred ited .................................................... Balance to be paid borrow ers on m ortgage lo a n s ......................... Borrow ed money ....................................................................................... U ndivided profits ....................................................................................... G uaranty fund (as per section 392 o f B anking L a w ) .................. Special deposits ......................................................................................... Advance paym ents ..................................................................................... $837,267 128,488 3 3 ,4 7 0 3 0 ,0 0 0 3, 065 22 ,00 0 578 43 00 10 00 00 81 00 54 00 $ 1 ,0 5 4 ,9 0 2 45 R E C E IP T S Cash on hand January 1,1915..................... Dues credited to m em bers..................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real esta te. . Loans on shares rep a id ............................................................................ Real estate s o ld ........................................................................................... Fees received ................................................................................................ Fines received .............................................................................................. Interest received ....................................................................................... Rent received .............................................................................................. D ividends retained on w ith draw a ls................................................... Advances repaid ......................................................................................... Call loan re p a id ............................................................................................ Special deposits ......................................................................................... Advance paym ents ..................................................................................... Suspense ......................................................................................................... $ 2 6 ,3 7 9 2 1 5 ,3 1 0 30, 000 89, 800 6 0 ,34 0 866 2 187 52,981 112 1,784 944 2 5 ,0 0 0 2, 778 57 989 78 00 00 00 00 68 50 10 37 43 89 07 00 23 00 27 $507,533 32 DISB U R SEM E N TS Loaned on m ortgage ................................................................................ Loaned on shares......................................................................................... Dues repaid on w ithdraw al, or applied on lo a n s ........................... Paid m atured shares.................................................................................. D ividends paid on w ithdraw al, or applied on lo a n s .................... Cash dividends paid on income and accum ulative prepaid shares P a id fo r real esta te................................................................................... Paid salaries and clerk -h ire................................................................... P aid advertising, p rin tin g and p osta ge............................................. P aid repairs to real esta te..................................................................... Paid taxes, insurance, e t c ....................................................................... Paid banking departm ent, exam ination ............................................. P aid banking departm ent, assessm ent............................................... Officers’ bonds ............................. Advances fo r taxes, insurance, e t c ........................................................ Shares o f Land B a n k ................................................................................ Special d e p o s it s ................. Suspense ....................................................................................................... $ 1 66,100 00 57, 988 00 128,267 00 57 ,80 0 00 14, 580 02 5, 813 95 3 ,3 62 59 3, 300 00 644 99 236 95 175 43 78 10 68 02 84 00 279 19 6 ,0 0 0 00 2 ,4 2 6 30 989 27 220 R eport on S avings and L oan A ssociations A dvance p a y m e n t s ..................................................................................... W ithd raw als in e s e r o w .............................................................................. D irectors ....................................................................................................... A u d itors ......................................................................................................... General expenses ....................................................................................... Cash on hand December 31, 1915........................................................ $213 1,381 735 75 145 5 6 ,7 8 9 27 15 00 00 80 il $507, 533 32 Plan, serial. P ar value o f shares, S|SOO. Instalm ents are $1 m onthly. Shares in force Janu ary 1, 1915, 1 6 ,9 3 0 % ; shares issued du rin g th e year, 6,1 68 ; shares w ithdraw n du rin g th e year, 4 ,3 4 9 % ; shares in force, 18,749. B orrow in g members, 235, h oldin g 4,308 shares; n on-borrow ing members, 2,081, h oldin g 14,441 shares. Fem ale shareholders, 703, h oldin g 4 ,6 84 % shares. T o ta l dividends credited mem bers du rin g the year on instalm ent shares, $40,832.24; rate 5 % per cent. T ota l dividends credited o r p a id in cash t o m em bers du rin g the year on other shares, $5,813.95; rate 5 per cent. N o unpaid w ithdraw als. A m ount o f shares m atured d u rin g th e year, $57,800. O perating expenses, as defined in section 390 o f th e B anking L aw , incurred and paid du rin g th e year, $4,984.88. U npaid, none. N o prem ium plan. Interest p a id b y b orrow in g members, 6 p er cent. N o prem ium charged. L oan s have been made in K in gs, Nassau, New Y ork , Queens, Richm ond, Rockland, Suffolk and W estchester counties, N ew Y ork State and in C on necti cu t and N ew Jersey. L argest m ortgage loan outstanding, $12,000. M ort gages in force in New Y ork State, $378,890. One foreclosure du rin g th e year. BANKERS* LOAN AND INVESTMENT COMPANY Nos. 63 and 65 W a ll street, N ew Y ork , N. Y . {Organized Officers President..................... Secretary..................... Treasurer ..................... Attorney..................... under Law o f 1851. Commenced business 1890] Names Post-office addresses CLARENCE W. CLARK.................... 63 and 65 Wall Street. JOHN C. TEN EYCK......................... 63 and 65 Wall Street. ALBERT B. VOORHXS....................... 63 and 6 5 Wall Street. JOHN C. TEN EYCK........................... 63 and 6 5 Wall Street. ASSETS L oan s on bond and m ortga ge........................................... L oan s on shares...................................................................... Stocks and b on d s................................................................... Shares o f Land Bank o f State o f New Y o r k ............ C ontracts fo r the sale o f real esta te............................. R eal estate .......................................................................... .. Cash on hand and in b a n k ............................................. F u rn itu re and fixtu res.................... ................................... In terest, prem ium , fees and fines due and unpaid Advances fo r taxes, insurance, e t c .................................. D ue fro m agents ................................................................. Suspense ............................................... ................................. B ills receivable ..................................................................... J u d g m e n t ................ ................................................................ $141, 809 3 ,1 42 5 ,2 3 5 3 ,0 0 0 5 ,2 1 9 672, 822 12,395 4 ,2 8 8 3 ,2 63 24 63 2 ,0 7 7 75 489 24 02 00 00 68 02 71 36 44 60 37 21 00 00 $853,904 65 L IA B IL IT IE S Due shareholders, d u es............................................................................ D ue shareholders, dividends cred ited ................................................. Balance t o be p a id borrow ers on m ortgage lo a n s ......................... $708,577 87 9 ,2 2 0 81 5 ,6 3 9 75 H ew Y oke C ounty P rio r m ortgages ......................................................................................... B orrow ed m oney ....................................................................................... U ndivided profits ............................................................ •...................... G uaranty fu n d (a s per section 302 o f B anking L a w ) .................. Interest payable ......................................................................................... Insurance reserve ....................................................................................... Reserved fo r ta x e s ........................................................... B ills payable ................................................................................................ U nderlying m ortgage on real esta te...................................................... M isce lla n e o u s...................................................................................... 221 $ 4 0 ,7 0 0 3 7 ,5 0 0 13, 885 8 ,6 5 8 1 ,2 35 9 ,9 5 4 178 798 1 7 ,5 0 0 54 00 00 88 66 18 85 20 60 00 85 $853,904 65 RECEIPTS Cash on hand January 1, 1915........................................................... Dues credited to m em bers....................................................................... P rior m ortgages ......................................................................................... M oney borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real esta te. . Loans on shares re p a id .............................................................................. Real e s t a t e .................................................................................................... Fees r e c e iv e d ........................................................... Fines received ........................................................................................... Interest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... Rent received .............................................................................................. D ividends retained on w ith draw a ls................................................... Advances repaid ......................................................................................... C ontracts fo r sale o f real esta te ............................................................ Real estate expenses return ed................................................................. A g e n t s ............................................................................................................. Insurance reserve ....................................................................................... Guaranty fund ............................................................................................ S u sp en se......................................................................................................... B ills r e c e iv a b le .......................................... C o n t r a c t .......................................................................................................... .Profit and lo s s .............................................................................................. Expenses returned ..................................................................................... M iscella n eou s................................................................................................ $4, 571 23 19,393 91 1 1 ,50 0 00 13, 000 00 5 0 ,50 2 48 784 80 7, 514 11 72 50 5 16 5 ,8 9 0 62 6 ,1 7 6 60 3 2 ,1 ® 38 22 74 247 42 483 41 1 ,3 08 82 4, 799 57 1,292 24 256 61 9, 466 69 312 00 164* 93 1 ,4 2 9 37 364 20 1, 479 00 $173,203 79 DISBURSEMENTS Loaned on m o r tg a g e ................................................................................. Loaned on shares...................................... ................................................... Dues repaid on w ithdraw al, or applied on lo a n s............................. P aid m atured shares................................................................................... D ividends paid on w ithdraw al, o r applied on lo a n s .................... Cash dividends paid on income and accum ulative prepaid s h a r e s .......................................................................................................... Paid borrow ed m oney and p rior m ortga ges...................................... P aid interest on borrow ed m oney and p rior m ortga ges................ P aid fo r real esta te................................................................................... P aid salaries and elerk-hire................................................................... P aid advertising, printing and posta ge............................................... P aid rent ....................................................................................................... Paid repairs to real esta te..................................................................... Paid taxes, insurance, e t c ............................................ Paid banking departm ent, exam ination ........................................ Paid banking departm ent, assessm ent................................................. Oflieers’ bonds ........................................................................................... Advances fo r taxes, insurance, e t c . ...................................................... $32,167 1, 642 8 ,9 5 8 1,5 26 979 34 40 08 41 80 1 6,689 36 25 ,00 0 00 7, 357 57 4 ,5 0 8 09 8 ,1 91 49 1 ,9 4 5 21 975 00 8 ,0 01 48 11,711 15 11775 61 43 40 00 203 72 222 R eport on S avings and L oan A ssociations Shares o f Land B a n k ................................................................................. C ontracts fo r real estate s o ld ................................................................. A g e n t s ...................................... ....................................................................... Insurance reserve ....................................................................................... S u sp e n se .......................................................................................................... B ills receivable ............................................................................................ J u d g m e n t........................................................................................................ C o n t r a c t ......................................................................................... F urniture and fixtu res.............................................................................. P rofit and lo s s .............................................................................................. M iscellaneous accounts ............................................................................ L egal expenses ............................................................................................ Sundry e x p e n s e s .......................................................................................... Cash on hand December 31, 1915......... . .............................................. $ 3 ,0 0 0 2, 700 4, 829 51 I I , 426 12 489 500 648 697 1 ,652 2 ,6 5 3 2 ,0 7 0 1 2 ,39 5 00 00 58 78 30 OO 00 00 38 78 83 21 94 71 $173,203 79 P lan, permanent. P a r value o f shares, $100. Instalm ents are 25, 40, 50 and 70 cents and $1 m onthly. Shares in force January 1, 1915, 9 ,1 5 3 % ; shares issued du rin g the year, 1,032; shares w ithdraw n du rin g the year, 1 ,0 0 8 % ; shares in force, 9,177. B orrow in g members, 32, h oldin g 989 shares; non-borrow ing members, 651, h oldin g 8,188 shares. 'Female shareholders, 445, h oldin g 3,806% shares. T ota l dividends credited members du rin g the year on instalm ent shares, $2,034.35 ; ra te, 6 per cent. T ota l dividends credited or paid in cash t o mem bers du rin g th e year on other shares, $11,200.41; ra te % per cen t.; 4 % per cent, to 6 per cent. A m oun t o f filed and unpaid w ithdraw als Decem ber 31, 1915, $500. A m ount o f shares m atured d u rin g the year, $1,526.41. E ntrance fee, 25 cents per share. O perating expenses, as defined in section 390 o f the Banking Law , incurred and paid du rin g the year, $13,041.51. U npaid none. Prem ium plan, instalm ent. In terest and prem ium pa id b y borrow in g mem bers, 5 0 cents to 66% cents per share per month. Loans have been made in B ronx, K in gs, N ew Y ork and W estchester counties, N ew Y o rk State, and in Texas and V irg in ia . L argest m ortgage loan ou t standing, $7,000. M ortgages in force in N ew Y ork State, $117,341.59. N o foreclosures du rin g th e year. BROADWAY DRY GOODS CO-OPERATIVE BUILDING AND LOAN ASSOCIATION e / o H . B. Claflin C orp., 224 Church street, New Y ork , N. Y . [Organized under Law o f 1851. Names Officers President. Secretary. Treasurer. Attorney. H. C. PL A C E .. J. G. C A R Y L ... L. L. PARR, Ja W. L. DURACK Commenced business 1888] Post-office addresses Sea Cliff, L. I. 5443 Locust St., Phila., Pa. Brooklyn, N. Y. 215 Montague St., Brooklyn. ASSETS Loans on bond and m ortga ge................................................................. Loans on shares............................................................................................ R eal e s t a t e ..................................................................................................... Cash on hand and in b a n k ...................................... ............................... Interest, prem ium , fees and fines due and u n p a id ......................... $9 ,35 0 968 3, 450 2, 711 15 00 00 00 20 90 $ 16,495 10 N ew Y ork County LIABILITIES Due shareholders, d u es.......................................... ................................... Due shareholders, dividends cred ited................................................... G uaranty fun d (as per section 392 o f Banking L a w ) ................ Suspense account ....................................................................................... RECEIPTS Cash on hand January 1, 1915.............................................................. Dues credited to m em bers....................................................................... Money borrow ed ......................................................................................... M ortgages redeemed, foreclosed or transferred to real e s t a t e .. Loans on shares r e p a i d ............................................................................ Fines received .............................................................................................. Interest r e c e iv e d ......................................................................................... Prem ium s r e c e iv e d ..................................................................................... Bent r e c e iv e d ................................................................................................ Advances r e p a i d ................................. Insurance refunded ................................................................................... 223 $12, 525 3 ,0 16 947 6 22 69 19 00 $16,495 10 =============== $127 3 ,1 86 1, 500 10,250 200 43 1,215 240 20 185 11 84 60 00 00 00 13 60 90 00 03 44 $16,980 54 DISBURSEMENTS ........ .... — ... •......... Loaned on shares......................................................................................... $680 00 Dues repaid on w ithdraw al, or applied on lo a n s ............................. 9 ,0 6 5 63 679 41 D ividends paid on w ithdraw al, o r applied on lo a n s .................... Cash dividends paid on incom e and accum ulative prepaid s h a r e s .......................................................................................................... 142 62 P aid borrow ed m oney and prior m ortga ges...................................... 2 ,5 0 0 00 P aid interest on borrow ed m oney and prior m ortga ges........... 61 76 Paid salaries and clerk-h ire..................................................................... 385 62 P aid advertising, printing and p osta ge............................................... 30 60 P aid rent ...................................................................................................... 240 00 P aid repairs to real esta te..................................................................... 64 27 P a id taxes, insurance, e t c ....................................................................... 90 27 P aid banking departm ent, exa m in a tion ............................................. 19 60 273 P aid banking departm ent, assessm ent............................................... Officers’ b o n d s .............................................................................................. 20 00 Advances fo r taxes, insurance, e t c ........................................................ 48 96 A ttorney’ s fees ............................................................................................ 199 18 Sundry expenses ......................................................................................... 38 70 Cash on hand Decem ber 31, 1915........................................................ 2, 711 20 $ 1 6 ,9 8 0 54 Plan, serial. P ar value o f shares, $100 and $250. Instalm ents are 40 cents and $1 m onthly. Shares in force January 1, 1915, 54 3 ; shares issued durin g the year, 5 ; shares w ithdraw n during the year, 125; shares in force, 423. B orrow in g members, 4, h oldin g 86 shares; non-borrow ing members 46, holding' 337 shares. N o record o f fem ale shareholders. T ota l dividends credited or paid in cash to members during the year on other shares, $142.62; rate, 2 % per cent. A m oun t o f filed and unpaid w ithdraw als December 31, 1915, $4,931.46. O perating expenses, as defined in section 390 o f the Banking Law , incurred and pa id durin g the year, $714.92. U npaid, none. Prem ium plan, instalm ent. In terest paid b y b orrow in g members, 6 per cent. Prem ium paid b y b orrow in g members, 10 cents and 25 cents per share per month. Loans have been made in Queens cou nty, New Y ork State, and in New Jersey Largest m ortgage loan outstanding, $3,700. M ortgages in force in New Y ork State, $7,550. N o foreclosures during th e year. m R eport oh S avings and L oaj A ssociations CALIFORNIA PERFUME COMPANY EMPLOYEES' SAVINGS AND LOAN ASSOCIATION N o. 31 P ark place, N ew Y ork, N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... under Law o f 1914. Commenced business 1915] Names Post-office addresses A. D. HENDERSON 31 Paris Place. A. 1 . W IL L IA M S ... 31 Park Place. WM. SCHEELE.......... 31 Park Place. ASSETS Stocks a nd b o n d s.......................................................................................... Cash on hand and in b a n k ..................................................................... $ 5 ,27 2 50 154 40 $ 5 ,4 2 6 99 LIABILITIES D ue shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited .................................................... G u a r a n tj fund (a s per section 392 o f Banking L a w ) ................ $ 5 ,2 5 4 00 164 75 8 24 $ 5 ,4 2 6 99 RECEIPTS Dues credited t o m em bers............................... ...................................... Fines r e c e iv e d .............................................................................................. In terest r e c e iv e d .......................................................................................... D o n a t io n ......................................................................................................... $ 5 ,6 1 9 3 44 193 00 48 18 29 $ 5 ,8 5 9 95 DISBURSEMENTS D ues repaid on w ithdraw als, o r applied on lo a n s ......................... P a id advertising, p rin tin g and p osta ge............................................... P a id r e n t ......................................................................................................... S e c u r it ie s ........................................................................................................ L egal expenses ............................................................................................ Sundry e x p e n s e s .......................................................................................... Cash on hand December 31, 1915........................................................ $365 40 5 6 ,2 4 0 52 1 154 00 55 00 66 50 75 49 $5, 859 95 P lan , serial. P a r value o f shares, $100. Instalm ents are $1 m onthly. Shares in fo rce Janu ary 1, 1915, n on e; shares issued d u rin g th e yea r, 53 0 ; shares w ithdraw n during the year, 6 1 ; shares in force, 469. B orrow in g mem bers, n on e; non-borrow ing members, 90, h oldin g 469 shares. Fem ale share holders, 43, holdin g 194 shares. T ota l dividends credited m em bers du rin g the year on instalm ent shares, $164.75; rate 6 per cent. O perating expenses, as defined in section 390 o f the Banking L aw , incurred and p a id du rin g the year, $47.30. U npaid, none. N o loans have been made. CITIZENS' SAVING AND LOAN ASSOCIATION OF NEW YORK CITY N o 215 iWtest 125th street, N ew Y ork , N . Y . [Organized Officers President.................... Secretary.................... Treasurer................... Attorney...................... under Law o f 18®1. Commenced business 1869] Names Post-office addresses WILMORE ANW AY............................. 141 Broadway. B. M. CUTLER...................................... 56> Pine Street. GUSTAVUS BEHAHN......................... 420 West 130th Street. WILMORE ANW AY............................. 141 Broadway. N ew Y ork County ASSETS L oan s on bond and m ortga ge................................................................. L oans on sh a res........................................................................................... R eal e s t a t e .................................................................................................... Cash on hand and in b a n k ....................................................................... F u rn itu re and fix tu res.............................................................................. 225 $65, 439 2 ,6 0 5 2 ,1 8 2 6 ,7 7 1 300 57 00 21 71 00 $ 7 7 ,2 9 8 49 L IA B ILITIE S D ue shareholders, d u es.............................................................................. D ue shareholders, dividends cred ited ..................................................... U n divided p rofits ....................................................................................... G uaranty fun d (a s per section 302o f B anking L a w ).................. E x ch a n g e........................................................................................................ $ 6 9,903 3 ,9 0 2 1, 545 1 ,9 4 5 1 32 38 81 97 01 $ 7 7 ,2 0 8 49 RECEIPTS Cash on hand Jan u ary 1, 1915.............................................................. D ues cred ited to m em bers....................................................................... M ortgages redeem ed, foreclosed or tran sferred to rea l e s ta te ... L oans on shares rep a id .............................................................................. R eal esta te s o ld ........................................................................................... In terest received ....................................................................................... Prem ium r e c e iv e d ....................................................................................... D ividends cred ited ..................................................................................... G uaranty fun d ................................................ $ 1 ,5 1 0 19, 336 11, 500 600 320 3, 915 425 1,268 163 20 6a 00 00 00 50 45 75 70 $ 3 9 ,0 4 0 29 DISBURSEMENTS Loaned on m ortgage ................................................................................ Loaned on sh a res......................................................................................... D ues rep aid on w ith draw al, or a p p lied on lo a n s......................... D ividends paid on w ith draw al, o r app lied on lo a n s.................... Cash dividen ds p a id on incom e and accu m u lative prepaid s h a r e s .......................................................................................................... P a id fo r rea l esta te ..................................................................................... P a id salaries and clerk -h ire................................................................... P a id a dvertisin g, p rin tin g and p osta g e............................................... P a id ren t ....................................................................................................... P a id banking departm ent, exa m in a tion ............................................. P a id banking departm ent, assessm ent............................................... P rofit and loss, gu aran ty fu n d ............................................................ P rofit and loss, d iv id en d s.......................................................................... E x ch a n g e........................................................................................................ Sundry e x p e n s e s ......................................................................................... Cash on hand D ecem ber 31, 1915.......................................................... $ 5 ,75 0 580 2 0 ,1 3 3 1,221 00 00 67 48 1 ,9 85 87 90 32 660 00 11596 182 24 19 50 6 53 163 70 1, 208 75 1 44 89 12 6 ,7 71 71 $39,040 29 P la n , perm anent. P ar valu e o f shares, $250. In stalm en ts are 50 cents w eekly. Shares in force J a n u a ry 1, 1915, 6 9 6 ; shares issued du rin g th e year, 5 5 ; shares w ith draw n du rin g th e year, 14 4 ; shares in force, # 7 . B orrow in g m em bers, 33, h old in g 152 sh ares; non-borrow ing m em bers, 119, h oldin g 455 shares. Fem ale shareholders, 35, h oldin g 94 shares. T ota l dividen ds credited m em bers du rin g the yea r on in stalm en t shares, $1,268.75; ra te, 4 % per cent. T ota l dividen ds cred ited o r pa id in cash to m em bers du rin g th e year on oth er shares, $1,985.87; ra te, 4 % per cen t. 8 226 R eport on Savings and L oan A ssociations N o u n paid w ith draw als. O perating expenses, as defined In section 390 o f th e B anking L aw , in cu rred ana p a id du rin g th e yea r, $1,047.32. U n paid none. •Premium plan , in stalm en t. In terest p a id b y b orrow in g m em bers, 5% P®r cen t, and 6 per cen t. P rem ium p a id b y b orrow in g m em bers, 5 cen ts per share p er w eek. L oan s have been m ade in K in gs, N ew Y ork , Q ueens, R ocklan d and W est ch ester cou n ties, N ew Y ork S ta le , and in N ew J ersey. L a rg est m ortgage loa n ou tstan din g, $4,000. M ortgages in force in N ew Y ork S ta te, $28,430.57. N o forclosu res du rin g th e yea r. THE CO-OPERATIVE BUILDING BANK N os. 23 an d 2 5 E a st T w en ty-sixth street, N ew Y ork , N . Y . [Organized Officers Vice-President............ Secretary..................... Treasurer................... Attorneys................. under Law o f 1851. Commenced business 1890] Names Post-office addresses HANSON CAYGILL............... 82 Beaver Street. ROBERT B. WALDO............... 23 and 25 Bast 26th Street. CHARLES L. H EINS............. Glen Ridge, N. J. MAOKELAR & GBRBRAOHT 43 Cedar Street. ASSETS L oan s on bond and m ortga ge................................ L oan s on sh a res........................................................ Shares o f L an d iBank o f S ta te o f New Y ork C on tracts fo r th e sa le o f rea l esta te ................ R ea l e s t a t e ................................................................. Cash on hand and in b a n k .................................. F u rn itu re and fix tu re s........................................... A dvances fo r ta x es, in su rance, e tc .................... $ 9,000 00 3, 755 00 1,000 00 8 ,1 3 0 1 1 1 ,2 2 8 2 ,2 1 4 100 34 83 45 53 00 48 $ 1 36,472 29 LIA B ILITIE S D ue shareh olders, d u e s ............................................................................. D ue shareholders, m atured sh a res........................................................ D ue shareholders, dividen ds cred ited .................................................... P r io r m ortgages ......................................................................................... U n divided profits ....................................................................................... G uaran ty fu n d (a s per section 392 o f B anking L a w )................ $ 5 0 ,1 9 5 3 1 ,0 4 3 1 9 ,6 2 0 2 6 ,0 0 0 5 ,0 9 0 3 ,6 1 3 03 40 82 00 54 50 $1 3 5,4 7 2 29 RECEIPTS Cash on hand Jan u ary 1, 1915............................................................ D ues cred ited t o m em bers................................................. M ortgages redeem ed, forclosed o r tran sferred to rea l e s ta t e .. . L oan s on shares rep a id .............................................................................. R ea l esta te s o ld ............................................................................................ F in es received ............................................................................................ In terest r e c e iv e d ......................................................................................... P rem ium s received ............................ R en t received .............................................................................................. A dvances rep aid ......................................................................................... R ea l estate con tra cts................................................................................. P r o fit and lo s s .............................................................................................. $ 6 ,5 0 6 120 1 ,8 5 5 3 ,0 6 0 1,5 21 25 1 ,3 7 8 413 2 ,5 0 6 155 613 39 02 50 00 00 06 48 65 92 05 87 94 41 $ 1 8 ,2 0 4 90 DISBURSEMENTS D ues rep aid on w ith draw al, o r a p p lied on lo a n s............................. D ividen ds p a id on w ith draw al, o r a p p lied on lo a n s....................... $ 3 ,6 4 6 67 969 06 227 ISTew Y ork County P a id borrow ed m oney and p rior m ortga ges...................................... P a id in terest on borrow ed m oney and p rio r m ortga ges................ P a id salaries and clerk -h ire..................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................... P a id r e n t ....................................................................................................... P a id rep airs t o rea l esta te ....................................................................... P a id ta x es, in su rance, e tc .......................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent............................................... A dvances fo r ta xes, in su rance, e tc ........................................................ Shares o f la n d B a n k ................................................................................ R eal estate con tra cts................................................................................ R eal esta te expenses.................................................................... L oss on rea l esta te..................................................................................... L egal expenses ............................................................................................ In d ivid u a l a c c o u n t s ................................................................................... Sundry e x p e n s e s ......................................................................................... Cash on hand D ecem ber 31, 1915.......................................................... $ 2 ,0 0 0 00 1, $75 00 1 ,7 6 2 $5 55 00 67$ $4 1 ,5 6 8 90 908 4$ 48 85 1183 $8 98 1 ,0 0 0 00 108 i3 29 99 476 06 1 ,0 4 6 23 39 41 142 64 2 ,2 1 4 53 $ 1 8 ,2 0 4 90 P lan , perm anent. P a r valu e o f shares, $100. In stalm en ts are 12 cents w eek ly; 10 cen ts t o $1 m on th ly. Shares in force Janu ary 1, 1915, 2 ,9 7 2 ; shares issued du rin g th e yea r, n on e; shares w ithdraw n du rin g the yea r, 6 9 ; shares in force, 2,903. B orrow in g m em bers, 22, h old in g 210 sh a res; n on-borrow ing m em bers, 297, h old in g 2,693 shares. Fem ale shareh olders, 89, h old in g 519 shares. A m ount o f filed and unpaid w ith draw als D ecem ber 31, 1915, $19,322.15. M em bership fee, $1 p er m em ber o r 25 rants per share. O perating expenses, as defined in section 390 o f th e B anking L aw , in cu rred and paid du rin g the year, $2,633.33. U n paid, none. Prem ium p la n , prem iu m -interest. In terest p a id b y b orrow in g m em bers, 5% per cen t, and 6 per cen t. Prem ium p a id b y b orrow in g m em bers, 1% per cent. L oans have been m ade in A lban y, K in gs, O range, U lster and W estchester cou n ties, New Y ork S ta te, and in C on n ecticu t, P en nsylvania and R hode Island. L a rgest m ortgage loan ou tstan din g, $2,800. M ortgages in force in N ew Y ork S tate, $8,200. One foreclosu re du rin g th e year. CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION OF NEW YORK N o. 14 B ib le H ouse, N ew Y ork , N . Y . [Organized under Law o f 1851. Officers Names President....................... Secretary....................... Treasurer...................... Attorneys..................... Commenced business 1888] Post-office addresses CHARLES STUART FOLSOM .... ARTHUR 6 . HOLBROOK...................... W ILFRED M. THOMPSON.......... AUSTIN & M cKOW ON.......................... ASSETS L oans on bond and m ortga ge...................................... L oans on sh a res................................................................. Shares o f L and B ank o f S tate o f N ew Y o rk ......... Cash on hand and in b a n k ........................................... F u rn itu re and fix tu re s................................................... In terest, prem ium , fees and fines due and unpaid A dvances fo r ta x es, in su rance, e tc ............................. 14 Bible House. 14 Bible House. 14 Bible House. 50 Church Street. $ 1 3 9,4 5 9 00 15, 304 25 10,000 00 804 21 1 00 864 56 5 94 $166,429 96 228 R epoet on Savings and L oan A ssociations L IA B ILITIE S D ue shareholders, d u es.............................................................................. B alance to be p a id b orrow ers on m ortgage lo a n s............................ B orrow ed m o n e y ......................................................................................... U n divided p rofits ....................................................................................... G uaran ty fu n d (a s per section 392 o f B anking L a w ).................... A p p ra isa l and exam in ation fe e s ............................................................ S u sp en se.......................................................................................................... $1 2 9,0 5 3 18 24, 870 4 ,9 1 5 6 ,5 0 0 987 85 80 04 00 74 00 03 35 $ 1 06,429 96 RECEIPTS Cash on hand Janu ary 1, 1 9 4 5 ............................................................. D ues cred ited to m em bers............................................................ .. M oney b o r r o w e d .......................................................................................... M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta te .. L oans on shares re p a id .............................................................................. Fees r e c e iv e d ................................................................................................ In terest r e c e iv e d ......................................................................................... P rem ium r e c e iv e d ....................................................................................... B u ild in g loan co n tra cts............................................................................ A p p ra isa l and exam ination fe e s............................................................ M etropolita n League ................................................................................. $845 5 5 ,1 7 2 3 9 ,9 7 0 1 0 ,0 0 0 696 41 6 ,9 7 9 48 7, 350 1 ,2 0 0 25 15 20 00 00 00 00 52 96 00 00 00 $1 2 2,3 2 7 83 DISBURSEMENTS L oaned on m ortgage ................................................................................ L oan ed on sh a res......................................................................................... D ues rep aid on w ith draw al, or a p p lied on lo a n s............................. Cash dividen ds pa id on incom e and accu m u lative prepaid s h a r e s .......................................................................................................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id in terest on borrow ed m oney and p rio r m ortga ges................ P a id salaries and elerk*h ire..................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................... P a id r e n t ....................................................................................................... P a id bankin g departm ent, exa m in a tion ............................................. P a id bankin g departm ent, assessm ent................................................. O fficers’ b o n d s .............................................................................................. S ta te and M etropolitan L eague d u es.................................................... Shares o f L an d B a n k ................................................................................. B u ild in g loa n con tra cts....................................................................... D iv id e n d s ........................................................................................................ A p p ra isa l and exam ination fe e s ............................................................. D irectors’ fees .............................................................................................. A u d itin g .......................................................................................................... In terest refun ded ....................................................................................... Fees refun ded .............................................................................................. In tern a l revenue ....................................................................................... F x ch a n g e ........................................................................................................ T elephon e ....................................................................................................... C ash on hand D ecem ber 31, 1915.......................................................... $ 5 4 ,0 5 0 00 344 00 1 7 ,4 5 6 32 4, OOO 25 21, 800 00 416 45 399 84 147 49 500 00 291 75 8 99 2 0 00 11 25 10, 000 00 9 ,8 3 1 96 1 ,2 7 8 23 878 65 300 00 33 90 3 00 3 00 6 94 60 3 00 804 21 $122, 327 83 P la n , perm anent. P a r valu e o f shares, $100. In stalm en ts are 10 cen ts w eekly o r 4 3 % cen ts m on th ly. Shares in force Jan u ary 1, 1915, 3 ,0 12 ; shares issued d u rin g th e yea r, 2 ,6 0 5 % ; shares w ithdraw n du rin g th e yea r, 1,2 11 ; shares in fo rce , 4 ,4 06 % . B orrow in g m em bers, 39, h old in g 1,583% sh a res; n on -borrow in g m em bers, 233, 229 N ew Y oke County h old in g 2,823 shares. Fem ale shareh olders, 122, h old in g 2,181 shares. T ota l dividen ds cred ited m em bers du rin g th e yea r on in stalm en t shares, $1,254.11; ra te, 5 per cen t. T ota l dividen ds cred ited o r p a id in cash to m em bers du rin g th e yea r on oth er shares, $4,024.37; ra te, 4 per cent, and 5 per cen t. N o u n paid w ith draw als. M em bership fee $1.00. O perating expenses, as defined in section 390 o f th e B anking L aw , in cu rred and p a id du rin g th e yea r, $1,404.23. U n paid, none. Prem ium plan , in stalm en t. In terest p a id b y b orrow in g m em bers, 6 per cen t. N o prem ium charged. L oans have been m ade in B ron x, K in g s, N ew Y ork , Queens, R ich m on d and W estchester cou n ties, N ew Y ork S ta te, and in N ew Jersey. L a rg est m ortgage loa n ou tsta n d in g, $30,000. M ortgages in fo rce in N ew Y ork S ta te, $118,150. N o foreclosu res du rin g th e year. EDGEHILL CO-OPERATIYE SAVINGS AND LOAN ASSOCIATION N o. 37 L ib erty street, N ew Y ork , N . Y . [Organized under Law o f 1909. Officers President.................... Secretary..................... Treasurer................... Commenced business 1909] Names Post-office addresses ELIAS M. JOHNSON................................ Spuyten Duyvil. ALPHEUS H . FAVOUR.......................... 37 Liberty Street. GILBERT H. JOHNSEN........................ Spuyten Duyvil. ASSETS Loans on bond and m ortga ge................................................................... L oans on sh a res............................................................................................ Pash on hand and in b a n k ........................................................................ $ 3 3 ,0 0 0 00 45 00 955 26 $34, 000 26 LIA B ILITIE S D ue shareh olders, d u es.............................................................................. D ue shareh olders, dividen ds cred ited ................................................... U n divided p rofits ....................................................................................... G u aran ty fu n d (a s per section 392 o f B anking L a w )................ U nearned o r rebatable prem iu m ............................................................ $30 ,4 1 6 2 ,6 0 4 362 540 75 94 88 45 99 00 $34, 000 26 RECEIPTS Cash on hand Jan u ary 1, 1915............................................................... D ues cred ited to m em bers....................................................................... L oans on shares re p a id .............................................................................. In terest r e c e iv e d ......................................................................................... D ividends retain ed on w ith d raw a ls...................................................... $ 1 ,0 7 5 2, 696 300 2, 075 8 18 69 00 84 96 $ 6 ,1 5 6 67 DISBURSEMENTS D ues rep aid on w ith d raw a l, o r app lied on lo a n s ............................. D ividends paid on w ith draw al, or a p p lied on lo a n s.................... Cash dividen ds p a id on in com e and accu m u lative prepaid s h a r e s .......................................................................................................... P aid salaries and clerk -h ire................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................... P a id bankin g departm ent, exa m in a tion ............................................. P jd d bankin g departm ent, assessm ent................................................. Cash on hand D ecem ber 31, 1915.......................................................... $ 4 ,0 8 8 00 120 66 723 240 12 13 3 955 74 00 57 00 44 26 $6,156 67 230 R epobt on S avings and L oan A ssociations P la n , perm anent. P a r va lu e o f shares, $200. In stalm en ts are $1 m on th ly. S h ares in force Jan u ary 1 ,1 0 1 5 , 5 6 6 % ; shares issued d u rin g th e yea r, n on e; shares w ithdraw n du rin g th e yea r, 4 4 ; shares in fo rce , 522% . B orrow in g m em bers, 5, h old in g 181 sh a res; n on -borrow in g m em bers, 66, h old in g 341% shares. Fem ale shareh olders, 22, h old in g 119% shares. T ota l dividen ds cred ited m em bers d u rin g th e yea r on in stalm en t shares, $873.45; ra te, 5 per cen t. T ota l dividen ds cred ited o r p a id in cash to m em bers du rin g th e yea r on oth er shares, $7251.74; ra te, 5 p er cen t. N o u npaid w ith draw als. E n tran ce fee, 10 cen ts per share. O peratin g expenses, as defined in section 390 o f th e B anking L aw , in cu rred and p a id d u rin g th e yea r, $252.57. 'U npaid, none. .P rem iu m p la n , gross. In terest p a id b y b orrow in g m em bers, 5 % p er cen t, and 9 per cen t. N o prem ium charged. L oan s have been m ade in B ron x cou n ty, N ew Y ork S ta te. L a rg est m ort gage loa n ou tstan din g, $15,000. M ortgages in fo rce in N ew Y o rk S tate, $33,000. N o foreclosu res d u rin g th e yea r. THE FIRST B0HEMIAN-SLAV0NIC CO-OPERATIVE SAYINGS AND LOAN ASSOCIATION *No. 420 E a st Seventy-A rst street, N ew Y o rk , N . Y . [Organized Officers P resid en t... Secretary.. . T reasu rer... A ttorn ey .. . . under Law o f 1894. Names THOMAS CAPBK VACLAV VBSELY JAN STANHK----THOMAS C A P B K .. Commenced business 1890] Post-office addresses ............................ 1429 fir s t Avenue. ............................ 419 B. K!d Street. ............................ 3®8> Bast 72d Street. ............................ 1929 f ir s t Avenue. ASSETS L oan s on bon d and m ortga ge......... ....................................................... L oan s on sh ares............................................................................................ Cash on hand and in b a n k ....................................................................... F u rn itu re an d fix tu res.............................................................................. In terest, prem ium , fees and fines due and u n p a id ......................... $ 1 3 ,0 0 0 1 ,5 5 6 772, 26 272 00 00 91 84 95 $ 1 5 ,6 2 8 70 LIA B ILITIE S D ue shareh olders, d u e s ............................................................................ U n divided p rofits ....................................................................................... G u aran ty fun d (a s per section 392 o f B anking L a w ).................. $14 ,6 4 3 25 374 45 611 00 $ 1 5 ,6 2 8 70 BBCBIPTS Cash on h an d Jan u ary 1, 1915............................................................... D ues cred ited to m em bers........................................................................ M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta t e .. L oan s on shares re p a id ............................................................................ F ees r e c e iv e d ................................................................................................ F in es r e c e iv e d ............................................................................................. In terest received ....................................................................................... T ra n sfer f e e ................................................................................................... $ 2 ,1 7 3 2 ,5 9 7 2 ,1 0 0 1 ,0 4 8 13 25 905 3 10 75 00 00 00 20 96 00 $ 8, 866 00 DISBURSEMENTS L oan ed on m ortgage ................................................................................. L oan ed on sh a res......................................................................................... D ues rep aid on w ith draw a l, o r a p p lied on lo a n s........................... P a id m atured s h a r e s .............................................................................. .. $ 3 ,5 0 0 454 1 ,6 3 3 1 ,6 7 2 00 00 00 00 ]New Y ork County Cash P a id P a id P a id P a id P a id Cash dividends p a id on incom e and accu m u lative prepaid shares salaries and clerk -h ire..................................................................... a d vertisin g, p rin tin g and p osta ge............................................ ren t ...................................................................................................... bankin g departm ent, exa m in a tion ............................................ bankin g departm ent, assessm ent............................................... on hand D ecem ber 31, 1915.......................................................... 231 $673 89 126 60 2 30 13 00 16 25 215 772 91 $8,866 00 P lan , perm anent. P a r valu e o f shares, $200. In stalm en ts are 25 cents w eekly. Shares in force Jan u ary 1, 1915, 2 0 2 ; shares issued d u rin g th e yea r, 13; shares w ithdraw n du rin g the yea r, 2 8 ; shares in force, 187. S orrow in g mem bers, 13, h old in g 46 sh a res; n on -borrow in g m em bers, 36, h old in g 141 shares. Fem ale shareholders, 23, h old in g 93 shares. T ota l dividen ds cred ited mem bers du rin g th e yea r on in stalm en t shares, $745.89; ra te, 62 cen ts per share. N o u npaid w ith draw als. A m ount o f shares m atured d u rin g th e yea r, $209. M em bership fee, $1. O perating expenses, a s defined in section 390 o f the B anking Law , in cu rred and paid du rin g th e yea r, $141.80. U n paid, none. N o prem ium plan . In terest p a id b y b orrow in g m em bers, 6 per cen t. N o prem ium charged. L oans have been m ade in B ron x, K in gs and Queens cou n ties, N ew Y ork S tate. L a rgest m ortgage loan ou tsta n din g, $5,500. M ortgages in fo rce in N ew Y ork State, $13,000. N o foreclosu res du rin g th e year. THE FRANKLIN SOCIETY FOR HOME BUILDING AND SAVINGS N o. 38 P a rk R ow , N ew Y ork , N . Y . [Organized under Law o f 1851. Commenced business 1888] Names Officers Post-office addresses CHARLES O’C. HBNNESSY. Hackensack, N. J. President.................... Vice-President and HENRY A. TH E IS................... M anager................. Haworth, N. J. Secretary-Treasurer. G IL B E R T IA .O Y D ..................... 55 Ocean Avenue, Brooklyn. A ttorney..................... PRANK H . HENNESSY........ 38 Park Row. ASSETS L oan s on bond and m ortga ge................................................................. $ 1 ,7 6 7 ,2 6 6 L oans on shares ......................................................................................... 5 ,6 7 8 Shares o f Land B ank o f S tate o f N ew Y o rk ........... ................... ... 1, 000 C on tra cts fo r th e sale o f rea l esta te................................................... 9 6 ,4 3 6 R eal estate .................................................................................................. 1 5 2 ,0 4 0 C ash on hand and in b a n k ..................................................................... 4 9 ,0 9 3 F u rn itu re and fix tu re s.............................................................................. 1, 571 A dvances fo r ta xes, insurance, e tc ........................................................ 593 In terest accru ed ......................................................................................... 3 ,5 0 0 A ccou n ts receivable ................................................................................... 122 D eposits w ith C ou rt o f C hancery, N ew J ersey ............................... 5, MO 77 66 00 92 66 97 03 57 00 50 00 $ 2 ,0 8 2 ,6 0 4 08 LIA B IL IT IE S D ue shareh olders, dues and d iv id en d s............................................... $ 1 ,9 1 0 ,6 3 0 B alance to be p a id borrow ers on m ortgage lo a n s.........................•. 28, 488 B orrow ed m oney ................................................................................ .. 6 5 ,0 0 0 U n divided p rofits ....................................................................................... 4 1 ,9 7 2 G uaran ty fu n d (a s per section 392 o f B anking L a w )................ 3 5 ,0 0 0 In d ivid u a l accou n ts ................................................... .......................... 1 ,5 1 3 57 00 00 13 00 38 $2, <382,604 08 232 R epobt of S avifgs afd L oaf A ssociations RECEIPTS C ash on hand Jan u ary 1, 1915............................................................... ■Dues and dividen ds cred ited t o m em bers.......................................... M oney borrow ed ......................................................................................... M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta t e .. . L oan s on shares re p a id ............................................................................ H eal estate s o ld ............................................................................................ In terest r e c e iv e d .......................................................................................... A dvances rep aid .......................................................................................... In d iv id u a l accou n ts ................................................................................... R eal estate c o n t r a c t s ................................................................................. L oss ch arged to reserve fu n d co lle cte d ................................................. A ttorn ey and appraisers’ fe e s ................................................................. R ea l estate p r o fits ....................................................................................... D raw in g papers and re co rd in g ............................................................... M iscellan eou s p rofits ................................................................................ $ 5 2 ,1 0 0 732, 330 2 0 0 ,0 0 0 2 9 8 ,5 2 5 2 5 ,5 7 9 7 0 ,0 0 8 108, 305 1 ,301 21, 574 3 9 ,55 7 70 3 ,7 5 9 3 ,3 9 7 1 ,0 3 3 80 43 05 00 00 64 27 68 51 15 59 97 35 53 88 64 $ 1 ,6 1 7 , 684 69 DISBURSEMENTS L oan ed on m ortga ge................................................................................... L oaned on sh a res......................................................................................... D ues rep aid on w ith draw al, o r app lied on lo a n s............................. D ividen ds cred ited ..................................................................................... Cash dividen ds p a id on in com e and accu m u lative prepaid shares P a id borrow ed m oney and p rio r m ortga ges...................................... P a id in terest on borrow ed m oney and p rio r m ortga ges.............. P a id fo r rea l esta te ..................................................................................... P a id sa la ries and clerk -h ire ................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id rep airs to rea l e sta te ..................................................................... P a id ta x es, in su rance, e tc ........................................................................ P a id ban kin g departm ent, exa m in a tion ........... ................................. P a id ban k in g departm ent, assessm ent................................................. A dvances fo r taxes, insurance, e tc .......................................... R eal estate con tra cts................................................................................. In d iv id u a l accou nts ............................... ................................................... lo s s e s ch arged to gu aran ty fu n d .......................................................... Shares o f Land B an k ................................................................................. A ttorn ey and appraisers’ fe e s............................................................... A u d itin g ......................................................................................................... T elephone ....................................................................................................... S u ndry expenses ......................................................................................... Cash on hand D ecem ber 31, 1915 .......................................................... $ 3 49,611 1 5 ,54 4 734, 348 7 6 ,2 4 7 2, 046 2 4 3 ,0 0 0 3 ,0 7 0 46, 799 9 ,4 2 6 4 ,5 9 4 4 ,1 0 0 % 387 5 ,9 0 1 172 145 538 3 5 ,2 0 9 2 5 ,3 0 5 723 1, 000 5, 809 300 327 1 ,9 8 0 4 9 ,0 9 3 67 55 45 22 50 00 64 50 50 97 00 90 56 00 26 33 02 63 54 00 35 00 38 07 97 $1, 617, 084 69 P lan , perm anent. P a r valu e o f shares, $100. Shares in force Jan u ary 1, 1915, 138,963; shares issued du rin g th e yea r, 38,344; shares w ith draw n du rin g th e yea r, 30,217; shares in fo rce , 147,000. B orrow in g m em bers, 757, h old in g 14,445 shares ; n on -borrow in g m em bers, 5,702, h old in g 132,645 shares. N o record o f fem ale shareholders. T ota l dividen ds cred ited or paid in cash to m em bers du rin g th e yea r, $78,293.72; ra te, 4 per cen t, and 4 % per cen t. N o u n paid w ith draw als. O perating expenses, as defined in section 390 o f th e B anking L aw , in curred and paid du rin g th e yea r, $20,729.62. O perating expenses, as defined in section 390 o f th e B an kin g L aw , in cu rred d u rin g th e year and rem ainin g u n paid , $250. N o prem ium plan . In terest p a id b y b orrow in g m em bers, 6 per cen t. N o prem ium ch arged. N ew Y oke County 233 L oan s have been m ade in K in gs, N assau, N ew Y ork , Queens, R ichm ond, R ocklan d, S u ffolk and W estchester cou n ties, New Y ork S ta te and in New Jersey. la r g e s t m ortgage loan ou tstan din g, $16,000. M ortgages in fo rce in N ew Y ork S tate, $408,273.53. F ou r foreclosu res du rin g th e year. THE GERMAN-AMERICAN BUILDING AND LOAN ASSOCIATION OF THE CITY OF NEW YORK N o. 1 T h ird avenue, New Y ork , N . Y . [ Organized Officers President..................... Secretary..................... Treasurer................... A ttorney..................... under Law o f 1851. Commenced business 1880] Names Post-office addresses IRVING W. DIMELOW ............ 52 W all Street. HENRY G. ECKHOIW............ 412 E. 18th Street, R’klyn. E. W. W IESER......................... 108 Park Row. IRVING W. DIMELOW............ 52 W all Street. ASSETS L oans on bond and m ortga ge........................................ L oans on sh a res................................................................. Shares o f Land B ank o f S tate o f N ew Y o rk ............ C on tracts fo r th e sale o f rea l esta te ......................... R eal e s t a t e .......................................................................... Cash on hand and in b a n k ............................................. F u rn itu re and fix tu re s................................................... In terest, prem ium , fees and fines due and u npaid A dvances fo r ta xes, insurance, e t c ............................. S p ecial dep osits ............................................................... $ 1 1 8,0 1 0 91 1, 01O 00 1,000 00 6 ,2 2 1 3 5 ,43 3 3 ,6 3 6 300 30 103 69 78 96 48 00 73 53 70 $166,717 09 LIA B ILITIE S D ue shareh olders, d u es.............................................................................. D ue shareh olders, dividends cre d ite d ................................................. P rior m ortgages ......................................................................................... U ndivided p rofits ....................................................................................... G uaranty fun d (a s per section 392 o f B anking L a w )................ $ 1 3 5,6 8 8 19,882 3, 300 4, 337 3, 508 95 43 00 07 64 $166,717 09 RECEIPTS Cash on hand Jan u ary 1, 1915............................................................... D ues cred ited to m em bers..................................................................... M oney borrow ed ......................................................................................... M ortgages redeem ed, foreclosed o r tran sferred to rea l esta te. . L oans on shares re p a id ............................................................................ F ines received .............................................................................................. In terest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... R en t received .............................................................................................. D ividends retain ed on w ith d raw a ls...................................................... A dvances rep aid ......................................................................................... R eal estate con tra cts................................................................................ S p ecia l dep osits ......................................................................................... $ 6 ,24 8 59 33, 627 30 12, 750 00 16 ,75 6 62 3, 550 00 90 47 6 ,9 9 5 76 1, 447 18 1, 801 32 185 08 260 32 2 ,5 4 6 00 1 ,1 4 5 30 $ 8 7 ,4 0 3 94 DISBURSEMENTS Loaned on m ortga ge.................................................................................. Loaned on shares ....................................................................................... D ues rep aid on w ith draw al, or app lied on loa n s............................. $ 1 2 ,4 1 0 30 2, 780 00 2 9 ,1 1 8 42 284 R epost on S avings and L oan A ssociations D ividen ds p a id on w ith draw al, o r a p p lied on loa n s.................... Cash dividen ds p a id on in com e and accu m u lative prepaid shares P a id b orrow ed m oney an d p r io r m ortga ges.................................... P a id in terest on borrow ed m oney and p rio r m ortga ges................ P a id fo r rea l esta te................................................................................... P a id sa la ries and clerk -h ire ................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id rep airs to rea l esta te...................................................................... P a id ta x es, in su rance, e tc ........................................................................ P a id bankin g departm ent, exa m in a tion ............................................. P a id ban kin g departm ent, assessm ent............................................... A dvances fo r ta x es, in su rance, e tc ........................................................ R ea l esta te con tra cts................................................................................... S p ecia l d ep osits .......................................................................................... S h ares o f Land B a n k .......................................................... F ix tu res ......................................................................................................... J a n ito r ........................................................................................................... O ffice expenses ............................................................................................ M iscellan eous expenses ............................................................................ C ash on hand D ecem ber 31, 1915 ........................................................ $ 6 ,0 6 9 13 708 75 2 0 ,2 5 0 0 0 173 75 5 ,7 2 4 42 1 ,5 0 3 00 102 30 210 00 0 83 99 544 42 45 55 13 04 427 23 4*13 92 1 ,2 0 7 50 1 ,0 0 0 00 14 00 30 00 34 69 153 05 3 ,0 3 6 48 $ 8 7 ,4 0 3 94 P la n , seria l and perm anent. P a r valu e o f shares, $100. In stalm en ts are 10 cento w eek ly; $1 m on th ly. S h ares in fo rce Ja n u a ry 1 ,1 9 1 5 , 3 ,0 00 ; shares issued d u rin g th e y ea r, 2 4 9 ; sh ares w ith draw n du rin g th e yea r, 5 4 0 ; shares in fo rce , 2,709. B orrow in g m em bers, 54, h old in g 954 sh a res; n on -borrow in g m em bers, 244, h old in g 1,755 shares. Fem ale shareh olders, 64, h old in g 260 shares. T o ta l dividen ds cred ited m em bers du rin g th e yea r on in stalm en t shares, $5,951-88; ra te, 5 per cen t. T o ta l dividen ds cred ited o r p a id in cash to m em bers du rin g th e yea r on oth er shares, $708.75; ra te, 5 per cen t. N o u n paid w ith draw als. O perating expenses, a s defined in section 390 o f th e B anking L aw , in cu rred and p a id d u rin g th e yea r, $2,197.02. U n paid, none. P rem ium plan , prem iu m -interest. In terest p a id b y borrow in g m em bers, 6 per cen t. Prem ium p a id b y b orrow in g m em bers, 10 cento per share per w eek. L oan s have been m ade in B ron x, K in g s, N ew Y ork , R ichm ond and W est ch ester cou n ties, N ew Y ork S ta te and in N ew Jersey. L a rgest m ortgage loan ou tsta n d in g, $6,500. M ortgages in force in N ew Y ork S ta te, $105,110. N o foreclosu res du rin g th e year. GREENWICH BUILDING AND LOAN ASSOCIATION N o. 21 E ast F ou rteenth street, N ew Y ork , N . Y . [ Organized Officers President..................... Secretary..................... Treasurer................... A ttorney...................... under Law o f 1851. Commenced business 1880] Names Post-office addresses JOHN F. CLEARY................................... 630 Hudson Street. T. CONROY................................................ 227 Henry Street. M. C. F. CLEARY................................... 630 Hudson Street. JAMES A. SPEER................................... 44 W all Street. ASSETS L oan s on bond and m ortga ge................................................................. -Loans on sh a res................ ......................................................................... C ash on hand and in b a n k ...................................................................... F u rn itu re and fix tu res............................................................................... In terest, prem ium , fees and fines due and u n p a id ......................... $ 6 ,0 0 9 500 802 75 106 00 84 90 00 66 235 N ew Y ork County L IA B IL IT IE S D ue shareholders, d u es.............................................................................. D ue shareh olders, dividen ds cred ited ................................................. G uaran ty fu n d (a s per section 392 o f B anking L a w ).................... Suspense a ccou n t ................................................................................... $ 5 ,2 1 6 1 ,3 4 9 35ft 558 80 23 52 85 $ 7 ,4 8 4 40 R E C E IP T S = = = = = = = = = Gash on hand Jan u ary 1, 1915...............................................................• D ues cred ited to m em bers....................................................................... F ines received ............................................................................................ In terest and prem ium receiv ed ............................................................. • D ividends retain ed on w ith d raw a ls................................................... $ 1 ,02 1 935 32 491 33 19 80 62 12 19 $2, 513 92 D ISB U R SE M E N T S ....... ■ '....=.. ... - ' = Loaned on sh a res......................................................................................... D ues rep aid on w ith draw al, o r ap p lied on lo a n s ......................... D ividends p a id on w ith draw al, o r a p p lied on lo a n s.................... P a id sa laries and clerk -h ire................................................................... P a id a d vertisin g, p rin tin g and p o sta g e............................................. P a id ren t ....................................................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent.............................................. O fficers’ bonds ................................. M ovin g s a f e .......................... C ash on hand D ecem ber 31, 1915........................................................ $250 00 1 ,0 1 4 20 248 44 20 00 15 10 120 00 975 1 53 20 00 12 00 802 90 $2, 513 92 P la n , seria l. P a r valu e o f shares, $200 and $250. In stalm en ts are 20 cents and 25 cen ts w eekly. Shares in force Jan u ary 1, 1915, 1 27; shares issued du rin g th e yea r, 1ft; shares w ith draw n du rin g th e yea r, 2 1 ; shares in force, 125. B orrow in g mem bers, 1, h old in g 24 sh a res; n on -borrow in g m em bers, 25, h old in g 101 shares. Fem ale shareh olders, 14, h old in g 54 shares. T ota l dividen ds cred ited m em bers du rin g th e yea r on in stalm en t shares, $319.13; ra te, 5 % per em it. T ota l d iv i dends cred ited o r p a id in cash t o m em bers du rin g th e year on oth er shares, $21.49; ra te, 4 per cen t. N o u npaid w ith draw als. O perating expenses, as defined in section 390 o f the B anking L aw , in cu rred and p a id du rin g th e yea r, $187.10. U n paid, none. Prem ium plan , in stalm en t. In terest p a id b y b orrow in g m em bers, 6 per cent. Prem ium pa id b y b orrow in g m em bers, 2 per cen t. L oan s have been m ade in N ew Jersey. L a rg est m ortgage loan ou tsta n din g, $6,000. N o m ortgages in force in N ew Y ork S ta te. N o foreclosu res du rin g th e year. HARLEM RIVER BUILDING LOAN AND SAVINGS ASSOCIATON 407 E a st 'F orty-seven th street, N ew Y ork , N . Y . [Organized Officers President...................... Secretary...................... T reasurer..................... A ttorn ey ....................... under L aw o f 1851. Commenced business 1891] Names Post-office addresses F R E D D IE T Z ......................................... 407 E ast 47th Street. AUGUSTUS W . B U G G E L N ................. 3112 W ebster Avenue. C. F . SC H A N B ....................................... 2060 T hird Avenue. AM OS H . ST E P H E N S.......................... 30 E ast 42nd Street. A SSE TS R eal estate .................................................................................................. Cash on hand and in b a n k ...................................................................... $ 2 ,2 7 9 92 617 57 $ 2 ,8 9 7 4ft 236. K eport on Savings and L oan A ssociations L IA B IL IT IE S D ue shareholders, d u es.............................................................................. U n divided p rofits ................................................. ..................................... G uaran ty fu n d (a s per section 392 o f B anking L a w ).................. $ 2 ,2 5 5 00 460 49 170 00 $ 2 ,8 9 7 49 R E C E IP T S .................... = Cash on hand Ja n u a ry 1, 1915............................................................... In terest r e c e iv e d .......................................................................................... R en t received .............................................................................................. $513 67 18 90 128 60 $061 17 D ISB U R SEM E N TS P a id P a id P a id P a id C ash $2 29 10 1 617 ad vertisin g, p rin tin g and p osta g e............................................. ta xes, insurance, e tc ........................................................................ ban kin g departm ent, exa m in a tion ............................................. bankin g departm ent, assessm ent............................................... on hand D ecem ber 31, 1915.......................................................... 00 90 50 20 57 $061 17 P la n , perm anent. P a r valu e o f shares, $100. In stalm en ts a re 55 cen ts m on th ly. S h ares in force Jan u ary 1, 1915, 9 0 ; shares issued du rin g th e yea r, n on e; shares w ith draw n du rin g th e yea r, n on e; shares in force, 90. B orrow in g m em b ers, n on e; n on -borrow in g m em bers, 7 , h old in g 90 shares. N o fem ale shareh olders. N o u npaid w ith draw als. E n tran ce fee, 25 cen ts per share. O peratin g expenses, as defined in section 390 o f th e B anking Law , in cu rred and p a id d u rin g t i e yea r, $2. U n paid, none. P rem ium pla n , prem iu m -interest. In terest p a id b y b orrow in g m em bers, 6 per cen t. P rem ium p a id by b orrow in g m em bers, 6 per cent. N o m ortgage loan s ou tstan din g. N o foreclosu res du rin g th e year. MANHATTAN SAYINGS AND LOAN ASSOCIATION N o. 185 E a st 117th street, N ew Y ork , N . Y . [O rganized under Laws o f 1910. Officers President...................... Secretary...................... T reasurer.................... A tto rn e y ....................... Commenced business 1913] Names Post-office addresses JOHN B. B U R G E R .... P R A N K W A G N E R .. . . P R A N K R A D O V A N ... W A L T E R L . DURAOK 354 347 347 215 E ast 83rd S treet. Beekman Avenue. B ast 122nd Street. M ontague St., B rooklyn. A SSE TS L oan s on bond and m ortga ge........................... L oan s on sh a res...................................................... Cash on hand and in b a n k ............................. .... F u rn itu re and fix tu res......................................... D ep osit on m eter......................., .......................... B ook s, etc................................................................... $ 9 ,9 0 8 192 368 110 00 00 97 00 20 00 60 00 $10, 653 97 L IA B IL IT IE S D ue shareh olders, d u es.............................................................................. D ue shareh olders, dividen ds cred ited .................................................... B orrow ed m oney .......................................................................................... U n divid ed p r o f it s ....................................................................................... G u aran ty fu n d (a s per section 392 o f B anking L a w ).................... ........-.... :....... = = $ 1 0 ,0 8 3 443 43 5 78 62 73 00 62 00 $ 1 0 ,6 5 3 97 237 N ew Y ork C ounty R E C E IP T S Cash on hand Jan u ary 1, 1915............................................................ D ues cred ited to m em bers....................................................................... M ortgages redeem ed, foreclosed or tran sferred to rea l e s ta t e .. L oan s on shares re p a id .............................................................................. Fees received .............................................................................................. In terest received ....................................................................................... D ividends retained on w ith d raw a ls...................................................... D onation ....................................................................................................... A pp ra isa ls .................................................................................................... E xchange ....................................................................................................... $417 83 6, 390 50 470 00 100 00 14 50 456 61 4 89 2 50 5 0 -0 0 1 80 $ 7 ,9 1 7 63 DISB U R SEM E N TS Loaned on m ortga ge.................................................................................. Loaned on sh ares......................................................................................... D ues repaid on w ith draw al, or a pp lied on loa n s............................. D ividends paid on w ith draw al, or app lied on lo a n s .................... P a id borrow ed m oney and p rior m ortga ges...................................... P a id in terest on borrow ed m oney and p rior m ortga ges................ P a id ad vertisin g, p rin tin g and p osta g e............................................. P a id bankin g departm ent, exa m in a tion ............................................. P a id bankin g departm ent, assessm ent............................................... O fficers’ bonds .............................................................................................. S tate League d u es....................................................................................... A pp ra isa ls .................................................................................................... N otary’s fees and lig h tin g ....................................................................... E xchange ....................................................................................................... J a n itor ........................................................................................................... Cash on hand D ecem ber 31, 1915........................................................ $ 5 ,1 0 0 151 2, 048 47 94 10 20 13 1 12 5 18 13 1 12 308 00 00 88 38 00 98 00 00 43 00 00 10 39 50 00 97 $ 7 ,91 7 03 P lan , perm anent. P a r valu e o f shares, $100. In stalm en ts are 50 cents m on th ly. Shares in force Jan u ary 1, 1915, 5 8 4 ; shares issued du rin g th e yea r, 150; shares w ithdraw n du rin g the year, 2 5 ; shares in force, 709. B orrow in g mem bers, 3, h oldin g 42 sh a res; non-borrow ing m em bers, 104, h old in g 807 shares. Fem ale shareh olders, 12, h old in g 75 shares. T ota l dividen ds cred ited m em bers du rin g the year on in stalm en t shares, $216.38; ra te , 4 % per cen t. T ota l dividen ds cred ited or paid in cash to m em bers du rin g th e year on oth er shares, $134.24; ra te, 4 % per cen t. N o u n paid w ith draw als. M em bership fee, 50 cents. O perating expenses, as defined in section 390 o f the B anking la w , in cu rred and. p a id du rin g the yea r, $59.80. U n paid, none. Prem ium plan , instalm en t. In terest p a id b y borrow in g m em bers, 6 per cent. N o prem ium charged. L oans have been m ade in K in gs cou n ty, N ew Y ork S ta te, and in N ew Jersey. L argest m ortgage loan ou tstan din g, $3,400. M ortgages in fo rce in N ew Y ork S tate, $3,800. N o foreclosu res du rin g th e year. MOUNT MORRIS CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 147 E ast 125th street, N ew Y ork , N . Y . [Organized under Law o f 1851. Officers Names •President................... Secretary...................... Treasurer.................... A ttorn ey ....................... JAM ES G. C. W OODS CHARLES HERBERT Commenced business 1888] Post-office addresses P A T T O N ...................... B O W E R S ..................... T . D E E R IN G .. . . . . R E E V E S ...................... 812 Jackson Avenue. 1404 St. Nicholas Avenue. 1 4 ? E ast 12§th Street. 55 L iberty Street. 238 R eport ok S avings and L oan A ssociations A SSE TS 28885 $ 1 1 ,21ft 75 1 0 ,8 7 5 14 5 0 ,7 9 4 52 2 ,8 3 0 200 1 ,4 7 3 84 11 $ 7 7 ,4 6 6 \ \ B \ L oan s on bond and m ortg a g e................................................................... C on tra cts fo r tb e sale o f rea l esta te................................................... R ea l e s t a t e ..................................................................................................... C ash on ban d and in b a n k ...................................................................... F u rn itu re and fix tu res.............................................................................. In terest, prem ium , fees and fines due and u n p a id ......................... A dvances fo r ta x es, in su rance, e tc ..................................................... In terest a ccru ed .......................................................................................... $73,017 1, 835 1 ,0 7 0 625 8 $ 7 7 ,4 6 6 | |*2| Sg&gg L IA B IL IT IE S D ue shareh olders, d u es............................................................................... U n divided p rofits ....................................................................................... G u aran ty fu n d (a s p e r section 302 o f B anking L a w ).................... Suspense accou n t ....................................................................................... C om m ission on sale o f rea l esta te........................................................ $ 3 ,1 7 2 1 ,1 8 2 1, 000 303 1 ,2 2 5 166 1 ,0 7 6 7 1 ,6 0 2 63 $ 0 ,7 0 0 II 8 1 85§8882§85fe R E C E IP T S Cash on hand Jan u ary 1, 1015............................................................... D ues cred ited t o m em bers........................................................................ M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta t e .. . L oan s on shares re p a id .............................................................................. In terest r e c e iv e d .......................................................................................... P rem ium r e c e iv e d ....................................................................................... R en t received .............................................................................................. A dvances rep aid ......................................................................................... R ea l esta te co n tra cts................................................................................... In cid en ta ls ..................................................................................................... D ues rep aid on w ith draw a l, o r a p p lied on lo a n s........................... P a id fo r rea l esta te................................................................................... P a id sa la ries and clerk -h ire ................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id rep airs to rea l e sta te ......... ........................................................... P a id ta x es, insurance, e tc ...................................................................... P a id bankin g departm ent, exa m in a tion ............................................. P a id bankin g departm ent, assessm ent.............................................. O fficers’ bonds .............................................................................................. A dvances fo r ta xes, insurance, e tc ...................................................... C om m ission .................................................................................................. C ollection ....................................................................................................... T elephone ....................................................................................................... Cash on hand D ecem ber 31, 1015............................................................ $1, 662 832 600 172 180 330 2 ,7 4 8 35 6 16 171 157 8SS88SSS8888& 8 D ISB U R SE M E N T S 55 68 2, 830 57 $ 0 ,7 0 0 65 P la n , perm anent. P a r valu e o f shares, $100 and $250. In stalm en ts are 12% cen ts and 25 cen ts w eekly. Shares in fo rce J an u ary 1, 1015, 3,087; shares issued du rin g th e yea r, n on e; shares w ith draw n du rin g th e yea r, 1 0 ; shares in force, 3,077. B orrow in g m em bers, 8, h old in g 27 sh a res; n on -borrow in g m em bers, 330, h old in g 3,050 shares. F em ale'sh areh old ers, 110, h old in g 1,000 shares. A m ount o f filed and u n paid w ith draw als D ecem ber 31, 1015, $55,106.06. 239 N ew Y ork County O peratin g expenses, as defined in section 390 o f the B anking Law , in curred and paid du rin g the yea r, $1,182.03. O perating expenses, as defined in section 390 o f th e B anking L aw , in cu rred du rin g th e yea r and rem ainin g u npaid, $8.75. Prem ium plan , instalm en t. In terest p a id by borrow in g m em bers, 5 per cen t., 5 % per cen t, and 6 per cen t. Prem ium paid by borrow in g m em bers, 40 cents per share. L oan s have been m ade in K in gs, N ew Y ork , Q ueens and W estchester coun tie s, N ew Y ork S ta te. L argest m ortgage loan ou tstan din g, $5,500. M ort gages in force in N ew Y ork S ta te, $11,216.75. N o foreclosu res du rin g th e year. THE HEW YORK AND SUBURBAN CO-OPERATIYE BUILDING AND LOAN ASSOCIATION N o. 147 E ast 125th street, New Y ork , N . Y . [ Organized under Law o f 1851. Officers President...................... R ecording S ec........... T reasurer.................... A tto rn e y ....................... Commenced business 1888] Names Post-office addresses E L IJ A H D. C L A R K ............................ 1031 T rin ity Avenue. A B R A M D. W IM P B E S S ........................ 2013 F fftb Avenue. W IL L IA M S. B E C K L E Y ................... 133 E ast 23rd Street. RO B E R T H. B E R G M A N ..................... 3219 T hird Avenue. A SSE TS L oan s on bond and m ortga ge................................................................. Loans on sh ares............................................................................................ R eal e s t a t e .................................................................................................... Cash on hand and in b a n k ..................................................................... In terest, prem ium , fees and fines due and u n p a id ........................... A dvances fo r ta x es, insurance, e tc ........................................................ $6 5 7,4 2 5 2 4 ,2 2 2 1 1 ,50 0 14,548 5, 336 524 00 00 00 28 83 08 $713,556 19 L IA B IL IT IE S D ue shareh olders, d u es.............................................................................. D ue shareholders, dividen ds cred ited ................................................. B alance to be paid borrow ers on m ortgage loa n s......................... B orrow ed m oney ......................................................................................... U ndivided p rofits ....................................................................................... G uaranty fu n d (a s per section 392 o f B anking L a w ).................... S p ecial dep osits ........................................................................................... $533, 708 105,014 1 2 ,90 0 33, 505 5, 855 2 2 ,1 0 0 473 00 58 00 00 26 00 35 $713,556 19 R E C E IP T S Cash on hand Jan u ary 1, 1915............................................................ D ues cred ited to m em bers..................................................................... M oney borrow ed ......................................................................................... M ortgages redeem ed, foreclosed o r tran sferred to real e s ta t e .. L oans on shares re p a id .............................................................................. Fees received ................................................................................................ F ines received .............................................................................................. In terest received ....................................................................................... R en t received ............................................................................................. D ividends retained on w ith d raw als................................. A dvances rep aid ......................................................................................... S p ecial dep osits ......................................................................................... $ 3 ,447 122, 813 158, 005 107,975 2 2 ,43 3 525 136 3 9 ,775 17 1 ,2 9 0 1 ,0 3 3 96 02 00 00 00 00 50 76 59 10 07 18 50 $457,547 72 240 R epoet on Savings and L oan A ssociations D ISB U R SE M E N T S L oan ed on m ortga ge................................................................................... L oan ed on sh a res................................................. ....................................... D ues rep aid on w ith draw al, o r app lied on lo a n s........................... P a id m atured sh a res................................................................................. D ividends p a id on w ith draw al, o r app lied on loa n s.................... Cash dividen ds pa id on in com e and accu m u lative prepaid shares P a id borrow ed m oney and p rio r m ortga ges.................................. P a id in terest on borrow ed m oney and p rio r m o rtg a g e s ............... P a id fo r rea l esta te................................................................................... P a id salaries and clerk -h ire................................................................... P a id a d vertisin g, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id rep a irs t o rea l esta te...................................................................... P a id bankin g departm ent, exa m in a tion ............................................. P a id bankin g departm ent, assessm ent............................................... O fficers’ bonds .............................................................................................. A dvances fo r ta x es, in su rance, e tc ...................................................... S tate and M etrop olita n L eague d u es.................................................... S p ecial dep osits .................................................................................... E xpense o f lo a n s......................................................................................... D ivid en d s, m atured sh ares..................................... T o co rre ct e r r o r ....................................; ..................................................... Cash on hand D ecem ber 31, 1915.......................................................... $ 1 2 4,9 0 0 2 t, 415 53, 457 46, 755 5, 212 1 ,4 6 5 1 6 5 ,2 5 0 2 ,1 3 3 1 3 ,6 9 5 2 ,8 5 6 499 600 200 55 48 20 1 ,0 0 0 15 61 400 941 16 1 4 ,54 8 00 00 00 00 64 24 00 87 74 00 43 00 78 30 85 00 03 00 50 50 16 40 28 $4 5 7,5 4 7 72 P la n , seria l. P a r valu e o f shares, $200 and $250. In stalm en ts a re $1 m on th ly. Shares in force Janu ary 1, 1915, 10,852; shares -issued du rin g th e yea r, 1,814; shares w ith draw n du rin g th e yea r, 1 ,8 3 0 % ; shares in fo rce , 10,835% . B orrow in g m em bers, 270, h old in g 3,475 sh a res; n on -borrow in g m em bers, 1,092, h old in g 7,360% shares. Fem ale shareh olders, 657, h old in g 4,114 shares. T ota l dividen ds cred ited m em bers du rin g th e yea r on in stalm en t shares, $28,898.15; ra te, 5 % p er cen t. T ota l dividen ds cred ited o r p a id in cash to m em bers du rin g th e yea r on oth er shares, $1,405.24; rate, 4 % per cent. N o u n pa id w ith draw als. A m ount o f shares m atured d u rin g th e yea r, $46,755. M em bership fee, $1. O peratin g expenses, as defined in section 390 o f th e B an k in g L aw , in cu rred and pa id du rin g th e yea r, $3,975.43. U n paid, none. N o prem ium plan . In terest p a id by borrow in g m em bers, 6 per cen t. N o prem ium charged. L oan s have been m ade in B ron x, K in gs, N assau, N ew Y ork , Q ueens, R ich m ond, S u ffolk and W estchester cou n ties, New Y ork S tate and in N ew Jersey. L a rg est m ortgage loan ou tstan din g, $10,000. M ortgages in force in N ew Y ork S ta te, $636,375. Tw o foreclosu res du rin g th e year. THE NEW YORK CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N os. 3 5 -43 W est 125th street, N ew Y ork , N . Y . [ Organized under Law o f 1861. Officers Names President...................... Secretary...................... T rea su rer.................... A tto rn e y ....................... Commenced business 1888] Post-office addresses W M. M. EM iBLER. . . » ....................... ISA A C S. M A R T IN .............................. JOHN B. B'ROD IE................................ W IL L IA M LAN GDON .......................... 17 Beekman Place. 4® W est 125th Street. 37 B arclay Street. 2 R e cto r Street. A SSE TS L oans on bond and m ortga ge................................................................. L oan s on sh a res............................................................................................ C on tra cts fo r th e sale o f rea l e sta te ............................. „ ................... $ 2 6 8 ,0 2 5 00 1 3 ,34 7 00 5 ,9 0 0 00 N ew Y ork County R eal E sta te ................................................................................................ Cash on hand and in b a n k ................................................... ................... In terest, prem ium , fees and fines due and u n p a id ......................... A dvances fo r ta xes, insurance, e t c ........................................................ 241 $20,6 7 3 21, 387 1 ,2 4 4 80 77 84 97 00 $339,658 58 L IA B IL IT IE S D ue shareh olders, d u es.............................................................................. D ue shareholders, dividen ds cred ited .................................................... B alance to be paid b orrow ers on m ortgage lo a n s........................... U n divided p rofits ....................................................................................... G uaran ty fu n d (a s per section 392 o f B anking L a w ).................. R eal estate co n tra ct................................................................................... Suspense a ccou n t ....................................................................................... S p ecial dep osits ......................................................................................... $261,497 5 4 ,2 7 8 3, 700 651 1 8 ,0 0 0 1, 320 198 12 21 87 00 88 00 00 08 54 $339, 658 58 R E C E IP T S Cash on hand Jan u ary 1, 1915............................................................... D ues cred ited to m em bers....................................................................... M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta te .. . L oans on shares re p a id ............................................................................ R eal e s t a t e ......... .......................................................................................... Pees r e c e iv e d ................................................................................................ P in es received .............................................................................................. In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d ....................................................................................... R ent r e c e iv e d ................................................................................................ D ividends retained on w ith d raw als...................................................... R eal estate co n tra ct.................................................................................. S p ecial dep osits ......................................................................................... $ 1 0 ,6 9 0 7 0 ,2 5 3 31, 750 12, 761 113 8 366 14, 443 5, 717 650 1,251 230 553 28 38 00 00 40 00 93 45 47 00 20 00 25 $148,794 36 D ISBU RSEM EN TS Loaned on m ortga ge................................................................................... Loaned on sh a res.................................. .................................................... Dues rep aid on w ith draw al, o r a p p lied on lo a n s............................. P a id m atured sh ares................................................................................. D ividends p aid on w ith draw al, o r app lied on lo a n s ........................ Cash dividen ds paid on incom e and accu m u lative prepaid shares P a id salaries and clerk -h ire................................................................... P a id a dvertisin g, p rin tin g and p osta g e............................................. P a id ren t ....................................................................................................... P a id rep airs to rea l esta te ..................................................................... P a id ta xes, in su rance, e tc ....................................................................... P a id bankin g departm ent, exa m in a tion ............................................. P a id bankin g departm ent, assessm ent............................................... O fficers’ b o n d s ...................... A dvances fo r ta x es, in su rance, e tc ........................................................ S pecial d ep osits ......................................................................................... C om m ission fo r ren tin g rea l esta te...................................................... L egal services .............................................................................................. O ffice rep airs and in su ra n ce................................................................... H eatin g and lig h tin g ................................................................................... Cash on hand D ecem ber 31, 1915........................................................ $43, 800 8, 912 32, 455 29, 750 3, 682 620 3, 890 380 717 1, 359 69© 85 23 60 45 584 14 97 94 134 21, 387 00 00 55 00 78 42 00 85 50 34 12 50 80 00 20 11 55 50 29 01 84 $148,794 36 242 R epoet on Savings and L oan A ssociations F la n , seria l. P a r va lu e o f shares, $200 and $250. In stalm en ts are 20 cents and 25 cen ts w eekly. Shares in fo rce Janu ary 1 ,1 0 1 5 , 5 ,601; shares issued du rin g th e y ea r, 1,356; shares w ith draw n du rin g th e yea r, 1,393; shares in fo rce , 5,564. B orrow in g m em bers, 105, h old in g 1,243 sh a res; n on -borrow in g m em bers, 500, h oldin g 4,321 shares. Fem ale shareh olders, 240, h old in g 1,508 shares. T ota l dividen ds cred ited m em bers du rin g th e year on in stalm en t shares, $14,254.85; ra te, 6 p er cen t. T ota l dividen ds cred ited o r p a id in cash to m em bers du rin g th e year on oth er shares, $620.42; ra te, 5 per cen t. N o u n paid w ith draw als. A m oun t o f shares m atured du rin g th e yea r, $29,750. O perating expenses, a s defined in section 390 o f th e B an kin g L aw , in cu rred ana p a id du rin g th e yea r, $5,201.20. U n paid, none. P rem ium p la n , in stalm en t. In terest p a id b y b orrow in g m em bers, 5 per cen t. Prem ium pa id by b orrow in g m em bers, 40 cen ts per share. L oa n s have been m ade in B ron x, K in gs, N assau, N ew Y ork , Queens, R ich m ond and W estchester cou n ties, N ew Y ork S ta te and in C on n ecticu t and N ew Jersey. L a rgest m ortgage loa n ou tsta n d in g, $11,«>0. M ortgages in force in N ew Y ork 'State, $258,275. N o foreclosu res du rin g th e year. THE NEW YORK EDISON SAVINGS AND DOAN ASSOCIATION •No. 124 E ast 15th street, N ew Y ork , N . Y . [O rganized under L aw o f 1910. Officers Names President...................... fin a n c ia l S ecretary.. T reasurer.................... A ttorneys...................... Commenced business 1912] Post-office addresses A R T H U R W IL L I A M S . .......... .. . ... J. C. ROBINSON1. .............................. A D O L P H H E R T Z ............. . . . ........... BE A R D SLE Y , HEM M ENS & T A Y L O R .............................. ................ 132 E ast 15th Street. 132 E ast 13th Street. 132 E ast 15th Street. 60 W all Street. A SSE TS L oa n s on bond and m ortg a g e.................................... L oan s on sh a res............................................................... Shares o f L an d B ank o f S ta te o f N ew Y o r k — C ash on hand and in b a n k ......................................... In stalm en ts due and u n p a id ................................ In terest, prem ium , fees and fines due and u n paid A dvances fo r ta x es, in su rance, e tc ....................... In terest accru ed ............................................................. $ 2 8 4 ,1 6 5 1 7 ,0 8 9 1 ,0 0 0 3*826 600 203 4 83 262 00 85 00 21 00 73 02 18 $ 3 0 7 ,6 2 0 90 L IA B IL IT IE S D ue shareh olders, d u es.................... ^.................................... D ue shareh olders, dividen ds cred ited ......................... B orrow ed m oney ................................................................... U n divided p rofits ................................................................. .. G uaran ty fun d (a s per section 392 o f B an kin g L aw ) In terest prepa id ...................................................................... S p ecia l dep osits ................................................................... .. $271, 503 1 0 ,0 7 4 1 5 ,0 0 0 423 1 ,4 4 0 47 50 25 89 00 99 86 00 00 $ 3 0 7 ,6 2 0 99 RECEIPTS Cash on hand Jan u ary 1, 1015............................................................. D ues cred ited to m em bers........................................................................ M oney borrow ed ............................................................................ ............. M ortgages redeem ed, foreclosed o r tran sferred t o rea l e s ta t e .. L oan s on shares rep a id ..............*.................................. '•.......................... F in es received ...........................................- ................................................. In terest r e c e iv e d ......................................................................................... D ividen ds retain ed on w ith d ra w a ls.................................... ............... $ 5 ,9 2 5 221,53:1 3 2 ,0 0 0 100 2 4 ,5 3 8 116 1 3 ,7 2 7 428 14 03 00 00 25 88 56 18 243 N ew Y oke County A dvances repaid ......................................................................................... S p ecial dep osits ........................................................................................ In terest prepa id ......................................................................................... 1530 03 831 61 47 00 $209,571 58 DISBURSEMENTS Loaned on m ortga ge................................................................................... L oan ed on sh a res......................................................................................... D ues rep aid on w ith draw al, o r app lied on lo a n s............................. •Dividends p a id on w ith draw al, or app lied on lo a n s.................... Cash dividen ds p a id on incom e and accu m u lative prepaid shares P a id borrow ed m oney and p rior m ortga ges...................................... P a id in terest on borrow ed m oney and p rior m ortga ges.............. A dvances fo r ta xes, insurance, e tc ...................................................... S p ecia l dep osits ......................................................................................... Shares o f L and B a n k ................................................................................ In terest return ed ....................................................................................... F ire loss ....................................................................................................... Cash on hand D ecem ber 31, 1915........................................................ $ 1 28,015 31,281 109,167 2 ,2 2 4 2 2 ,0 0 0 327 956 681 1 ,0 00 1 35 3 ,8 2 6 00 85 33 52 55 00 00 88 09 61 00 00 00 21 $209,571 58 P lan , seria l. P a r valu e o f shares, $100 and $200. In stalm en ts are 25 cents w eekly o r $1 m on th ly. Shares in force Jan u ary 1, 1915, 9 ,3 4 8 ; shares issued du rin g th e yea r, 4,5 23 ; shares w ith draw n du rin g the yea r, 3 ,8 88 ; shares in force, 9,983. B orrow in g m em bers, 328, h old in g 2,921 sh a res; n on -borrow in g m em bers, 1,433, h oldin g 7,062 shares. Fem ale shareh olders, 185, h old in g 851 shares. T ota l dividen ds cred ited m em bers d u rin g th e yea r on in stalm en t shares, $11,435.50; ra te, 5% per cen t., 6*4 per cen t, and 6 % per cen t. T o ta l dividen ds cred ited or paid in cash to m em bers du rin g th e yea r on oth er shares, $1,707.53; ra te , 5 per cent, to 6 % per cen t. N o u npaid w ith draw als. O perating expenses, as defined in section. 390 o f th e B anking L aw , in curred and p a id du rin g th e yea r, none. U npaid, none. N o prem ium plan . In terest pa id b y borrow in g m em bers, 6 per cent. N o prem ium ch arged. L oans have been m ade in B ron x, K in gs, N assau, N ew Y ork , Queens, R ich m ond and W estch ester cou n ties, N ew Y ork S tate and in N ew J ersey. L argest m ortgage loan ou tsta n d in g, $7,500. M ortgages in force in N ew Y ork S tate, $209,910. N o foreclosu res du rin g th e year. POLONIA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION N o. 107 E a st Seventh street, N ew Y ork , N . Y . [Organized under Law o f 1894. Officers President..................... Secretary..................... Treasurer................... A ttorney..................... Commenced business 1903] Names LEON F. W AZETBR.................. IGNATIUS W. RAITH ............... ANTONI CHOTKOWSKI............. FRANCIS X . W AZETER............. Post-office addresses 424 East Ninth Street. 130 East Third Street. 104 E ast Seventh Street. 130 East Seventh Street. ASSETS Loans on bond and m ortga ge................................................................. L oans on sh a res............................................................................................ R eal e s t a t e .................................................................................................... Cash on hand and in b a n k ..................................................................... F u rn itu re and fix tu res.............................................................................. $20,9 0 0 160 4 ,8 9 1 108 75 00 00 48 08 00 $ 26,134 56 244 R epoet on S avings and L oan A ssociations LIA B ILITIE S D ue shareholders, dues ............................................................................ D ue shareholders, dividen ds cred ited .................................................... U n divided p rofits ....................................................................................... G uaran ty fu n d (a s per section 302 o f B anking L a w )................ Suspense a ccou n t ....................................................................................... $ 3 4 ,6 7 0 183 830 348 03 41 33 68 07 07 $ 2 6 ,1 3 4 56 RECEIPTS G ash on hand Jan u ary 1, 1015............................................................... D ues cred ited to m em b ers....................................................................... M ortgages redeem ed, foreclosed o r tran sferred t o rea l e s ta te .. L oans on shares re p a id .............................................................................. R ea l estate s o ld ............................................................................................ In terest received .......................................................................................... A dvances rep aid ......................................................................................... Suspense a ccou n t ....................................................................................... D ivid en d s, p rofit and lo s s ........................................................................ G u aran ty fu n d, p ro fit and lo s s ............................................................. $694 2 ,4 7 8 2 ,2 0 0 36 413 1 ,1 7 2 21 70 781 41 02 00 00 00 50 05 62 00 41 50 $7, 878 00 DISBURSEMENTS D ues rep aid on w ith draw a l, o r applied on lo a n s ......... ................. D ividen ds p a id on w ith draw al, o r a p p lied on lo a n s ....................... Gash dividen ds pa id on incom e and a ccu m u lative p rep a id shares ■Paid sa la ries and clerk -h ire ................................................................... P a id ren t ....................................................................................................... P a id taxes, in su rance, e tc ........................................................................ P a id ban kin g departm ent, exa m in a tion ............................................. P a id bankin g departm ent, assessm ent............................................... A dvances fo r ta xes, in su rance, e tc ...................................................... P ro fit and loss, d iv id en d s........................................................................ P ro fit and loss, gu aran ty fu n d ............................................................... E xch ange ....................................................................................................... S undries ......................................................................................................... Cash on hand D ecem ber 31, 1015.......................................................... $5, 623 00 32 54 606 75 250 00 60 00 224 81 16 55 3 06 8 25 781 41 41 50 10 32 85 108 08 $ 7 ,8 7 8 00 P la n , perm anent. P a r valu e o f shares, $100. In stalm en ts are 25 cents w eekly. S h ares in fo rce Jan u ary 1, 1015, 5 5 4 ; shares issued du rin g th e yea r, 1 6 ; shares w ith draw n du rin g th e yea r, 9 7 ; shares in force, 473. B orrow in g mem b ers, 4, h old in g 39 sh a res; n on -borrow in g m em bers, 77, h old in g 437 shares. Fem ale shareh olders, 51, h old in g 306 shares. T ota l dividen ds cred ited mem b ers du rin g th e yea r on in stalm en t shares, $58.66; ra te, 3 p er cen t. T ota l dividen ds cred ited o r p a id in cash to m em bers du rin g th e yea r on oth er shades, $722.75; ra te, 3 per cent. N o u n paid w ith draw als. O perating expenses, as defined in section 300 o f th e B an kin g L aw , in cu rred and p a id du rin g th e yea r, $342.85. U n paid, none. N o prem ium plan . In terest p a id b y b orrow in g m em bers, 6 per cen t. 'No prem ium charged. Loans' have been m ade in New Y ork and W estchester cou n ties, N ew Y ork S ta te. L a rgest m ortgage loan ou tstan din g, $6,500. M ortgages in fo rce in N ew Y ork S ta te, $20,000. N o foreclosu res du rin g th e year. 245 N ew Y ork County RAILROAD BROTHERHOODS* SAYINGS AND BUILDING ASSOCIATON N o. 505 F ifth avenue. N ew Y ork , N . Y . [Organized under Law o f 1851. Officers President..................... Secretary..................... Treasurer................... A ttorney..................... Commenced business 1891 ] Names Post-office addresses EPHRAIM I. BAK ER................................ 805 F ifth Avenue. MICHAEL J . O’BRIEN ............................ 505 F ifth Avenue. JOHN J. MoGRAN®................................ 505 F ifth Avenue. W ILLIAM LANGDON................................ 2 Rector Street. ASSETS L oan s on bond and m ortga ge................................................................. Cash on hand and in b a n k ..................................................................... $ 1 1 1,6 5 0 00 9 ,7 6 3 16 $121,413 16 LIA B ILITIE S D ue shareholders, d u es.............................................................................. D ue shareh olders, dividen ds cred ited .................................................... U n divided p rofits ....................................................................................... G uaran ty fun d (a s per section 392 o f B anking L a w )................ $ 8 9 ,6 5 5 21, 731 2, 49® 7 ,5 2 6 51 42 35 88 $ 1 2 1,4 1 3 16 RECEIPTS Cash on hand Janu ary 1, 1915............................................................ D ues cred ited t o m em bers........................................................................ M oney b o r r o w e d ......................................................................................... M ortgages redeem ed, forclosed o r tran sferred to rea l e s ta te .. . . F ines received ......................................................................................... In terest r e c e iv e d ......................................................................................... Prem ium r e c e iv e d .............................................................................. ........ $ 6 ,5 5 0 4 6 ,1 9 2 5 ,0 0 0 1 8 ,15 0 3 5, 551 2, 710 43 97 00 00 15 41 47 $ 8 4 ,1 5 8 43 DISBURSEMENTS Loaned on m ortga ge.................................................................................. D ues rep aid on w ith draw al, o r app lied on loa n s............................. D ividends p a id on w ith draw al, o r applied on lo a n s...................... P a id borrow ed m oney and p rio r m ortga ges...................................... P a id in terest on borrow ed m oney and p rior m ortga ges................ P a id sa laries and clerk -h ire..................................................................... P a id a dvertisin g, p rin tin g and p osta g e............................................... P a id ren t ....................................................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent................................................. O fficers’ bonds .............................................................................................. S tate and M etropolitan L eague d u es.................................................... N ota ry’s fees and revenue sta m p s........................................................ S a f e ......................................................................... Cash on hand D ecem ber 31, 1915........................................................ $ 2 3 ,0 0 0 3 8 ,62 8 5 ,5 2 6 5, 000 102 1 ,6 06 133 300 18 9 20 11 5 35 9, 763 00 42 67 00 25 25 30 00 00 03 00 25 10 00 16 $ 8 4 ,1 5 8 43 P lan , perm anent. P a r valu e o f shares, $200. In stalm en ts are $1 m onthly. Shares in force J an u ary 1, 1915, 2 ,3 89 ; shares issued du rin g th e yea r, 3 99; shares w ith draw n du rin g th e yea r, 5 2 ; shares in fo rce , 2,736. B orrow in g m em bers, 44, h old in g, 505 sh ares; n on -borrow in g m em bers, 286, h old in g 2,231 shares. Fem ale shareh olders, 114, h old in g 734 shares. T ota l dividends cred ited m em bers du rin g th e yea r on in stalm en t shares, $5,611.71; ra te, 6 per cen t. 246 R eport on Savings and L oan A ssociations N o u n pa id w ith draw als. O peratin g expenses, a s defined in section 300 o f th e B anking L aw , in cu rred and p a id du rin g th e year, $2,075JO . U n paid, none. P rem ium p la n , in stalm en t. In terest p a id b y borrow in g m em bers, 5 per cen t. P rem ium p a id b y b orrow in g m em bers, 2 % per cen t. L oans have been m ade in K in g s, Queens and B ocklan d cou n ties, New Y ork S ta te, and in N ew Jersey. L a rg est m ortgage loan ou tsta n din g, $7,500. M ort gages in force in New Y ork S tate, $73,050. N o foreclosu res d u rin g th e year. THE RALR0AD CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 10® P ark avenue, N ew Y ork , N . Y . [Organized under Law o f 1851. Commenced business 1890] Officers Names Post-office addresses President.................... JOHN F. FAIRLAM B................................... Yonkers, N. Y. Secretary..................... GEORGE A . M ARTIN................................... Yonkers, N. Y. Treasurer................... ALONZO H . JOSEPH................................... Yonkers, N. Y. A ttorney...................... EDWIN J. CRANDALL................................. New York, N. Y, ASSETS L oan s on bond and m ortga ge................................................................... $ 1 ,7 1 5 ,0 7 5 47 L oan s on sh a res............................................................................................ 54,29® 41 S tock s and b on d s.......................................................................................... 2 9 ,0 4 4 26 C on tra cts fo r th e sale o f rea l esta te .................................................... 5 ,1 2 2 74 R eal e s t a t e .................................................................................................... 15, 625 91 C ash on hand and in b a n k ...................................................................... 5 ,6 2 1 42 F u rn itu re and fix tu re s.............................................................................. 750 00 In terest and prem ium u n p a id ................................................................. 3 ,§ 8 4 96 $1, 8 2 9 ,1 1 8 16 L IA B IL IT IE S D ue shareh olders, d u es............................................................................ $ 1 ,6 5 0 ,7 3 8 D ue shareh olders, dividen ds cred ited ................................................... 8 0 ,6 5 4 B orrow ed m o n e y .......................................................................................... 3 2 ,0 0 0 7 ,6 2 0 U n divided p rofits ................................................................................... G u aran ty fu n d (a s per section 392 o f B anking L a w ).................... 5 6 ,3 0 0 S u sp en se.......................................................................................................... 413 S p ecia l d ep osits .......................................................................................... 1, 391 29 32 00 27 00 47 81 $ 1 ,8 2 9 ,1 1 8 16 R E C E IP T S C a d i on hand Janu ary 1, 1915............................................................... D ues cred ited to m em bers........................................................................ M oney b orrow ed ......................................................................................... M ortgages redeem ed, forclosed o r tran sferred t o rea l e s ta t e .. . • L oan s on shares rep a id ............................................................................... R ea l estate s o ld ............................................................................................ F in es received .............................................................................................. In terest received ....................................................................................... P rem ium r e c e iv e d ....................................................................................... R en t r e c e iv e d ................................................................................................ D ivid en d s retain ed on w ith d ra w a ls.................................................... A dvances rep aid .......................................................................................... B onds sold ............................................. ....................................................... S p ecial d ep osits .......................................................................................... R eal estate co n tra cts................................................................................... C o m m issio n s.................................................................................................. M isce lla n e o u s................................................................................................. $3, 380 5 0 0 ,5 8 6 9 5 ,2 0 0 166,176 4 4 ,6 8 8 2 1 ,2 0 7 204 9 6 ,5 5 4 166 232 379 1 ,6 1 5 2, 000 11,442 46® 602 1 ,9 3 4 74 76 00 69 63 56 50 51 41 94 91 65 00 66 09 34 12 $ 9 4 6,8 3 6 51 N ew Y ork County DISBURSEMENTS L oaned on m ortga ge................................................................................... Loaned on sh a res......................................................................................... D ues rep aid on w ith draw a l, o r app lied on lo a n s ............................. P a id m atured sh a res.................................................................................. D ividen ds p a id on w ith draw al, o r app lied on loa n s.................... Cash dividen ds p a id on in com e and accu m u lative prepaid shares ......................................................................................................... P a id borrow ed m oney and p rio r m ortga ges...................................... P a id in terest on b orrow ed m oney and p rio r m ortga ges............ P a id fo r rea l e s ta te ................................................................................... P a id sa la ries and clerk -h ire ..................................................................... P a id ad vertisin g, p rin tin g and p osta g e............................................... P a id ren t ....................................................................................................... P a id ta xes, in su rance, e tc .......................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent................................................. A dvances fo r ta xes, in su rance, e tc ........................................................ R ecord in g ta x es ......................................................................................... S p ecia l dep osits ................................... D irectors’ f e e s ........................................ A u d itin g .......................................................................................................... O ffice e x p e n s e s .............................................................................................. M iscellan eous . .................................................................................. C ash on hand D ecem ber 31, 1915.......................................................... 247 $ 3 91,167 6 7 ,5 3 2 3 5 6 ,2 3 4 9 ,5 8 1 9, 550 65 86 18 40 71 56 6 7 ,2 0 0 353 2 3 ,4 5 7 8 ,2 1 4 375 930 513 96 113 1 ,537 1, 799 1 0 ,49 6 492 265 675 542 5 ,6 2 1 36 00 50 79 64 30 96 08 00 54 96 00 80 00 00 33 03 42 $946, 836 51 P lan , perm anent. P a r valu e o f shares, $200. In stalm en ts are $1 m onthly. Shares in force Jan u ary 1, 1915, 3 7,928; shares issued du rin g th e y e a r,. 12,046; shares w ith draw n du rin g th e yea r, 4 ,0 9 1 ; shares in force, 45,883. B orrow in g m em bers, 481, h old in g 7,647 sh a res; n on -borrow in g m em bers, 2,917, h old in g 38,236 shares. N o record o f fem ale shareholders. T ota l dividen ds cred ited m em bers du rin g the year on in stalm en t shares, $23,931.06; ra te, 6 per cen t. T ota l dividen ds cred ited or pa id in cash to m em bers du rin g th e year on oth er shares, $55,443.89; ra te, 5 per cen t. N o u n paid w ith draw als. A m ount o f shares m atured du rin g th e yea r, $9,581.40. O perating expenses, as defined in section 390 o f th e B an k in g Law , in curred and paid du rin g th e yea r, $11,706.03. U n paid, none. •Premium plan , instalm en t. In terest p a id by b orrow in g m em bers, 6 per cen t. Prem ium p a id b y b orrow in g m em bers, 4 0 cents per share. Loans have been m ade in K in gs, N assau, N ew Y ork , P utnam , Queens, R ich m ond, R ocklan d, S u ffolk and W estchester cou n ties, N ew Y ork S ta te, and m New Jersey. L a rg est m ortgage loan ou tsta n din g, $19,000. M ortgages in force in N ew Y ork S ta te, $1,356,746.01. Three foreclosu res du rin g th e year. RUSAL SAVINGS AND LOAN ASSOCIATION N o. 333 W est 30th street, N ew Y ork , ‘N . Y . [O rganized under Daw o f 1914. Commenced business 1914] Officers Names Post-office addresses President..................... JOHN J. DIDLON.......................... 903W est End Avenue. 511W est 113th Street. Secretary..................... M. GERTRUDE KEYES.................... Treasurer................... FERNAND DE GROOF...................... 301W est 113th Street. A ttorney..................... JOHN E. CONNEDDY......................... 27W illiam S treet ASSETS Loans on bond and m ortga ge................................................................... $ 6 ,5 0 0 00 Cash on hand and in b a n k ....................................................................... 1 ,1 3 6 3® 'Interest accru ed ....................................................................................... 47 66 $ 7 ,6 8 4 05 248; K eport oh Savings and L oan A ssociations LIA B ILITIE S D ue shareh olders, d u es.............................................................................. D ue shareh olders, dividen ds cred ited .................................... , ............. U n divided p rofits ........................................................................* ............. G u aran ty fun d (a s per section 392 o f B anking L a w )........... .... D ues p a id in advan ce............................. ..................................... ; ........... $ 7 ,5 9 6 00 52 14 03 2 78 32 50 $ 7 ,6 8 4 OS RECEIPTS Cash on hand J an u ary 1, 1915...................................... ..................... D ues cred ited to m em bers........................................................ , ............. In terest r e c e iv e d .......................................................................................... D ues p a id in a dva n ce................................................................................. $160 7 ,5 9 0 19 32 00 50 94 50 $ 7 ,8 1 1 94 DISBURSEMENTS L oan ed on m ortga ge................................................................... ............... D ues rep aid on w ith draw al, o r a p p lied on lo a n s ........................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent............................................... O fficers’ bonds ............................................................................................. P e e s ................................................................................................................... M iscellan eous expenses ............................................................................ Cash on hand D ecem ber 31, 1915.......................................................... $ 6 ,5 0 0 163 6 1 2 00 50 80 01 00 50 1 74 1 ,1 3 6 39 $ 7 ,8 1 1 94 P la n , perm anent. P a r valu e o f shares, $100. In sta lm en ts are 50 cen ts m on th ly. Shares in force J a n u a ry 1, 1915, 3 3 8 ; shares issu ed du rin g th e yea r, 1 62; shares w ith draw n du rin g th e yea r, 3 6 ; sh ares in fo rce , 464. B orrow in g m em bers, n on e; n on -borrow in g m em bers, 39, h old in g ! 464 shares. Fem ale shareh olders, 10, h old in g 76 shares. T o ta l dividen ds cred ited m em bers d u rin g th e yea r on in stalm en t shares, $ 36.84; ra te, 3 per cen t. T ota l dividen ds cred ited o r p a id in cash to m em bers d u rin g th e y ea r on oth er shares, $ 1 4 .9 6 ; ra te, 2 % per cen t, and 3 per cen t. N o u n paid w ith draw als. O peratin g expenses, as defined in section 390 o f th e B anking (Law, in cu rred and pa id d u rin g th e yea r, $4.24. U n paid, none. P rem ium p la n , in stalm en t. In terest p a id b y b orrow in g m em bers, 6 per cen t. N o prem ium charged. L oan s have been m ade in th e S ta te o f N ew Jersey. L a rg est m ortga ge loan ou tsta n d in g, $6,500. ‘N o m ortgages in fo rce in N ew Y ork S tate. N o fo re closu res d u rin g th e yea r. SCANDINAVIAN BUILDING AND MUTUAL LOAN ASSOCIATION OF NEW YORK AND BROOKLYN N o. 207 E ast F ifty -s ix th street, N ew Y ork , N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... Attorney..................... under Law o f 1851. Commenced Names AUGUST HALLBILOM................ CHARLES G. EDLING................ * ALBERT HANSEN...................... CHARLES W. L1BM AN ............. ASSETS C on tra cts fo r th e sale o f rea l estate R eal e s t a t e ............................................... business 18081 Post-office addresses 46 Vesey Street. 64 W hite Street. 1380 Flym pton Street. 371 Fulton St., B rooklyn. $1,000 00 4 ,7 3 1 64 249 H ew Y ork County Cash on hand and in b a n k ....................................................................... F u rn itu re and fix tu res................................................................... .......... Suspense accou n t ....................................................................................... $782 07 50 00 134 50 $ff, 008 30 LIA B ILITIE S D ue shareholders, d u es.............................................................................. D ue shareholders, m atured sh a res........................................................ D ue shareh olders, dividen ds cred ited ................................................... G uaranty fu n d (a s per section 392 o f B anking L a w )................ *$ 4 ,0 6 0 1 ,3 8 5 1 ,1 0 5 146 45 77 87 21 $ 6 ,6 9 8 30 RECEIPTS Cash on hand Janu ary 1, 1915............................................................ D ues cred ited to m em b ers...................................................................... M ortgages redeem ed, foreclosed or tran sferred to rea l e s ta te .. L oan s on shares rep a id ............................................................................. In terest received ....................................................................................... $275 138 8, 000 335 351 76 16 00 00 66 $ 9 ,1 0 0 58 DISBURSEMENTS D ues rep aid on w ith draw al, or a p p lied on lo a n s........................... P a id m atured sh a res................................................................................... D ividends paid on w ith draw al, or app lied on lo a n s.................... P a id sa laries and clerk -h ire..................................................................... P a id a dvertisin g, p rin tin g and p osta g e....................................... P a id ren t ....................................................................................................... P a id ta xes, in su rance, e tc .......................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent............................................... O fficers’ bonds ................................................. S treet assessm ents ..................................................................................... Cash on hand D ecem ber 31, 1915.......................................................... $ 5 ,210i 36 761 75 1 ,3 9 0 91 36 00 62 00 26 25 183' 57 1600 2 03 12 00 617 ff4 782 07 $ 9 ,1 0 0 58 P la n , seria l. P a r valu e o f shares, $200. In stalm en ts are $1 m on th ly. Shares in force J a n u a ry 1, 1915, 1 2 0 ; shares issued du rin g th e year, n on e; shares w ith draw n du rin g th e yea r, 4 0 ; shares in force, 80. B orrow in g mem bers, n on e; n on -borrow in g m em bers, 14, h old in g 80 shares. Fem ale share h olders, 1, h old in g 5 shares. N o unpaid w ith draw als. O peratin g expenses, as defined in section 390 o f th e B anking L aw , in cu rred and p a id du rin g the yea r, $136.25. U n paid, none. N o prem ium plan . In terest paid b y borrow in g m em bers, 6 per cen t. N o prem ium charged. N o m ortgage loan s ou tstan din g. N o foreclosu res du rin g the yea r. SERIAL BUILDING, LOAN AND SAVINGS INSTITUTION N o. 16 D ey street, N ew Y ork , N Y . [Organized under Law o f 1851. Commenced business 1885] Officers President.. . Secretary.. . A ttorney. . . Names A. G. SAYLOR............. EDWIN F. HOWELL. JOHN T . M U LH ALL.. P ost-office addresses ----1® ©ey Street. ----1® Dey Street. ----20® Broadway. A SSE TS L oan s on bond and m ortgage L oan s on sh a res......................... $ 8 4 6,0 8 8 78 1 7 ,2 8 4 75 250 R epost of Savings and L oaf A ssociations Shares o f L and B ank o f S ta te o f N ew Y o r k ................ ................. C on tra cts fo r th e sa le o f rea l esta te................................................... B ea l e s t a t e .................................................................................................... C ash on hand and in b a n k .: ............................................... ................. F u rn itu re and fix tu res.............................................................................. A dvances fo r ta xes, in su rance, e tc ........................................................ $10, 000 11, $98 1ft, *02 1 0 ,0 3 0 400 5 ,9 0 7 00 0® 85 36 00 81 $920,612 64 LIABILITIES D ue shareh olders, d u es.............................................................................. D ue shareh olders, dividen ds cred ited ........................... .................... B alance to be pa id borrow ers on m ortgage lo a n s........................... P rio r m ortgages ......................................................................................... U n divided p rofits ....................................................................................... G u aran ty fun d (a s per section 302 o f B anking L a w )................ M a tu rity f u n d ............................................................................ ;................. $ 7 8 0 ,1 2 0 57, $83 22, Oil4 14, 300 2 1 ,8 7 8 3 0 ,6 0 0 416 6ft 13 00 00 68 00 17 $ 9 2 0 ,6 1 2 64 BECEIPTS C ash on hand J an u ary 1, 1915............................................................ D ues cred ited to m em bers........................................................................ P rio r m ortgages ......................................................................................... M oney borrow ed ......................................................................................... M ortgages redeem ed, forclosed o r tran sferred to rea l e s ta te .. L oan s on shares r e p a id ........................................................... ................. R ea l estate s o ld ............................................... .......................... L............... In terest received ....................................................................... P rem ium r e c e iv e d .............................................. B en t, r e c e iv e d .............................................................................. » ............... A dvances rep aid ......................................................................................... M isce lla n e o u s................................................................................ $ 3 1 ,0 4 7 26 2 6 8 ,2 6 3 31 5, 500 00 1 0 ,0 0 0 00 6 6 ,7 6 1 95 15,41® 78 2 ,3 2 3 67 4 5 ,6 4 0 11 166 26 53 50 6 ,0 8 2 47 79 84 $451,347 15 DISBURSEMENTS L oaned on m ortga ge................................................................. ................. lo a n e d on sh ares......................................................................................... D ues rep aid on w ith d raw a l, o r app lied on lo a n s............................. D ividends pa id on w ith draw a l, o r a p p lied on lo a n s .. ; .............. Cash dividen ds p a id on incom e and accu m u lative j prepaid shares . . . .............................................................................. i ............... P a id borrow ed m oney and p rio r m ortga ges.................... , ............... P a id in terest on borrow ed m oney and p rio r m ortga ges................ P a id fo r rea l esta te................................................................... ................. P a id salaries and cle rk -h ire ..................................................................... P a id advertisin g, p rin tin g and p osta g e........................... P a id rep airs t o rea l esta te...................................................................... P a id ta x es, in su rance, e tc .......................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent............................................... O fficers’ bonds .............................................................................................. A dvances fo r ta x es, in su rance, e tc .......................................... Shares o f L an d B a n k .................................................................. M isce lla n e o u s.................................................................................. C ash on hand D ecem ber 31, 1915.......................................................... $120, 563 2 2 ,0 0 0 1 8 5 ,5 6 2 1 5 ,3 0 8 50 25 29 64 1 4 ,49 0 4 2 ,9 0 0 935 2 ,9 8 9 4 ,5 9 4 707 454 2 ,3 1 8 71 62 22 8 ,8 6 5 1 0 ,0 0 0 469 1 9 ,0 3 0 63 00 93 37 00 90 86 11 50 45 75 16 00 45 36 $ 4 5 1,3 4 7 15 P la n , perm anent. $1 m on th ly. P a r va lu e o f shares, $100 and $200, In stalm en ts are 251 H ew Y oke County Shares in force J a n u a ry 1, IM S , 10,530; shares issued du rin g th e year, 5,8 00 ; shares w ith draw n du rin g th e yea r, 3,208; shares in force, 22,212. B orrow in g m em bers, 315, h old in g 2,818 sh a res; n on-borrow ing m em bers, 2,323, h old in g 19,394 shares. Fem ale shareholders, 1,367, h old in g 9,745 shares. T ota l dividen ds cred ited m em bers du rin g th e yea r on in stalm en t shares, $8,357.60; ra te, 5 per cen t. T ota l dividen ds cred ited o r paid in cash to m em bers d u rin g th e yea r on oth er shares, $27,355.36; ra te, 4 per cen t, and 5 per cen t. N o u n paid w ith draw als. O perating expenses, as defined in section 390 o f th e B anking L aw , in cu rred and p a id du rin g th e year, $5,794.10. U npaid, none. Prem ium plan , in stalm en t. In terest p a id b y b orrow in g m em bers, 6 per cen t. N o prem ium charged. L oans have been m ade in B ron x, K in g s, N assau, N ew Y ork , O range, Queens, R ichm ond, R ocklan d, 'S uffolk and W estchester cou n ties, New Y ork S ta te, and in N ew Jersey. L a rg est m ortgage loan ou tsta n din g, $6,962.88. M ortgages in fo rce in N ew Y ork S ta te, $344,337.21. One foreclosu re du rin g th e year. SHERMAN PARK BAU-VEREIN No. 1 N o. 222 E ast F orty-secon d street, N ew Y ork , N . Y (O rganized under L aw o f 1861. Officers President..................... Secretary................... Treasurer.................. Attorneys................... Commenced business 1892] Names Post-office addresses ERNST PROBST............................. JOHN EISENHAUER.................... FRANK FAULHABER................... BARRETT & BUCKBEE............... . Elmhurst, N. Y. 244 East 30th Street. 307 East 92nd Street. White Plains, N. Y. ASSETS L oan s on bon d and m ortga ge............................................... L oans on sh a res.......................................................................... Cash on hand and in b a n k .................................................... $9,200 00 150 00 947 55 $10,297 55 L IA B IL IT IE S D ue shareh olders, d u es............................................................ D ue shareh olders, dividen ds c r e d ite d .. . f ......................... B orrow ed m oney ....................................................................... U ndivided p rofits ..................................................................... G uaranty fun d (a s per section 392 o f B anking L aw ) . . U nearned o r rebatable prem iu m .......................................... $6,140 1, 886 800 983 258 228 75 23 00 64 01 92 $10,297 55 R E C E IP T S Cash on hand Jan u ary 1, 1915............................................................. D ues cred ited to m em bers..................................................................... M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta t e .. F ines r e c e iv e d ...................... In terest r e c e iv e d ................................... Prem ium r e c e iv e d .................. *................................................................. .. D ividends retain ed on w ith d raw a ls...................................................... $565 1 ,3 6 2 1 ,2 0 0 2 560 16 39 60 40 00 48 98 00 66 $3,74*7 12 D ISB U R SEM E N TS Loaned on sh a res......................................................................................... D ues rep aid on w ith draw al, or app lied on lo a n s ............................. P a id m atured sh a res................................................................................... D ividends p a id on w ith draw al, o r a p p lied on lo a n s.................... P a id in terest on borrow ed m oney and p rio r m ortga ges................ $150 1, 368 689 473 40 00 52 55 80 00 252 P aid P a id P a id P a id C ash R eport on S avings and L oan A ssociations salaries and clerk -h ire................................................................... a d vertisin g, p rin tin g and p osta g e................................i ............. bankin g departm ent, exa m in a tion ............................................... bankin g departm ent, assessm ent..................................i ............. on hand D ecem ber 31, 1015........................................ , ............. $50 00 0 92 10 00 178 947 55 $ 3 ,7 4 7 12 P la n , seria l. P a r valu e o f shares, $200. In stalm en ts are $1 m on th ly. Shares in force Jan u ary 1, 1015, 1 0 6 ; shares issu ed du rin g th e yea r, n on e; shares w ith draw n du rin g th e yea r, 2 0 ; shares in force,; 86. B orrow in g mem b ers, 7, h old in g 34 sh a res; n on -borrow in g m em bers, 21, h old in g 52 shares. Fem ale shareh olders, 1, h old in g 3 shares. T ota l dividen ds cred ited m em bers du rin g th e yea r on in stalm en t shares, $46 9.6 6 ; ra te , 8 per cen t. N o unpaid w ith draw als. A m oun t o f shares m atured du rin g th e yea r, $689,55. (M em bership fee $1. O peratin g expenses, a s defin ed in section 300 o f th e -Banking L aw , in cu rred and p a id du rin g th e year, $50.92. U n paid, none. P rem ium pla n , gross. In terest p a id b y b orrow in g m em bers, 6 per cen t. P rem ium paid b y b orrow in g m em bers, 5 per cen t, and 10 per cen t. L oan s have been m ade in Q ueens and W estchester cou n ties, N ew Y ork S ta te. L a rgest m ortgage loan ou tsta n din g, $2,800. M ortgages in force in N ew Y ork S ta te, $9,200. N o foreclosu res du rin g th e year. STAB CO-OPERATIVE BUILDING AND LOAN ASSOCIATION N o. 257 B roadw ay, N ew Y ork , N . Y . [ Organized under Law o f 1851. Officers President...................... S ecretary..................... Treasurer...................... A tto rn e y ....................... Commenced business 18880 Names GEORGE H. P H IL L IP S .................. C H R IST IA N P E T E R S E N ............... C H R IS T IA N P E T E R S E N ................ JAM ES M . T U L L Y ............................ 432 247 247 270 Post-office addresses Central Park, W est. B roadway. B roadway. Broadway. A SSE TS L oan s on bond and m ortga ge.......................... B ea l e s t a t e ............................................................ . Cash on hand and in b a n k ............................. $10, 500 00 4 ,0 9 7 71 511 09 $ 1 5 ,1 0 8 80 L IA B IL IT IE S D ue shareh olders, d u es.............................................................................. D ue shareh olders, m atured sh a res.......................................... D ue shareh olders, dividen ds cred ited ........................................ U n divid ed p ro fits ................................................... G u aran ty ran d (a s p er section 392 o f B anking L a w )................ Suspense accou n t ....................................................................................... $ 7 ,7 0 9 2 ,2 1 1 3 ,4 0 5 156 1 ,5 2 7 8 17 30 76 60 26 62 $ 1 5 ,1 0 8 80 R E C E IP T S Cash on hand J an u ary 1, 1915............................................................... D ues cred ited to m em bers........................................................................ M ortgages redeem ed, forclosed o r tran sferred to rea l e s ta te .. . . In terest r e c e iv e d ................. P rem iu m r e c e iv e d ....................................................................................... B en t received .............................................................................................. $576 02 822 71 1 4 ,0 0 0 00 562 83 196 40 120 00 $16, m 96 253 N ew Y ork County DISB U R SEM E N TS Loaned on m ortg a g e.................................................................................. D ues repaid on w ith draw al, or app lied on lo a n s . .................... D ividends p a id on w ith draw al, o r a p p lied on lo a n s ,.................... P a id borrow ed m oney and p rio r m ortga ges............... P a id salaries and clerk -h ire ................................................................. P a id a d vertisin g, p rin tin g and p osta g e............................................... P a id ren t ............. P a id rep airs t o rea l esta te..................................................................... P a id ta xes, insurance, e t c .......................................................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id hanking departm ent, assessm ent............................................... O fficers’ bonds ............................................................................................ Suspense accou n t ....................................................................................... A u d it o r s .......................................................................................................... T r u s te e s ........................................................... N otary’ s fees ......................................................................... Cash on hand D ecem ber 31, 1915.......................................................... $2, 000 1 ,0 2 0 2, 308 1 0 ,0 0 0 105 21 24 142 03 14 2 20 19 16 6 2 611 00 00 74 00 00 50 00 45 80 50 93 00 95 00 00 00 0® $16,2 7 7 96 P lan , perm anent. P a r valu e o f shares, $200 and $250. In stalm en ts are $1 m onthly. Shares in force Jan u ary 1, 1915, 1 2 9 ; shares issued du rin g th e yea r, 1 0 ; shares w ithdraw n du rin g th e yea r, n on e; shares in force, 139. B orrow in g m em bers, 5, h old in g 44 sh ares; n on -borrow in g m em bers, 21, h old in g 95 shares. N o record o f fem ale shareholders. T ota l dividen ds cred ited m em bers du rin g th e year on in stalm en t shares, $683.78; ra te, 4 % per cent. N o u n paid w ith draw als. A m ount o f shares m atured du rin g th e year, $1,015.29. O perating expenses, as defined in section 390 o f th e B anking Law , in cu rred and p a id du rin g the yea r, $192.50. U n paid, none. Prem ium p la n , in stalm en t. In terest p a id b y borrow in g m em bers, 5% per cen t, and 6 per cen t. Prem ium p a id b y b orrow in g m em bers, 6 cen ts to 10 eents per share per w eek. L oan s have been m ade in th e S tate o f N ew J ersey. L a rgest m ortgage loan ou tstan din g, $4,000. N o m ortgages in force in N ew Y ork S tate. N o fore closu res du rin g th e year. STEAMSHIP CLERKS’ SAVINGS AND LOAN ASSOCIATION P ier 14, E ast riv er, N ew Y ork* N . Y . { Organized under Law o f 1910. Officers P residen t.. . S e cre ta ry ... T re a su r e r .. . A ttorn ey ----- Commenced business 1911] Names M ARK RO YLA N C E ............ E D W A R D J. H O P K IN S. JOHN J. H ARRIN GTON M A R T IN S. COH EN ------ P ost-offiee addresses Hasbrouek Hgts., N. J. 427 W est 54th Street. 307 W . 126th Street. 302 Broadway. ASSETS L oans on bond and m ortga ge...................................... L oans on sh a res................................................................. S tock and b on d s................................................................. Cash on hand and in b a n k .......................................... ■Furniture and fix tu res.................................................... In terest, prem ium , fees and fines due and u npaid $23, 850 00 6, 385 69 985 00 1 ,2 01 55 84 64 125 94 $32, 632 82 L IA B IL IT IE S D ue shareholders, d u es.............................................................................. D ue shareholders, dividen ds cred ited .................................................... P rior m ortgages ......................................................................................... $25, 393 62 962 12 4 ,0 0 0 00 254 R eport on S avings and L oan A ssociations U ndivided p r o fit s ........................................................................................ G u aran ty fu n d (a s per section 38*2 o f B anking L a w ).................. In terest accru ed .......................................................................................... S p ecial d ep osit ............................................................................................ Suspense accou n t ....................................................................................... $ 2 ,1 4 8 56 31 fi 34 32 34 18 70 54 $ 3 2 ,6 3 2 82 RECEIPTS C ask on hand Jan u ary 1, 1915............................ D ues cred ited to m em bers............................................................ P rio r m ortgages ............................................................................ i............ M oney borrow ed .......................................................................................... L oan s on shares re p a id ................................................. ............................ F in es received .................................................................................. In terest r e c e iv e d .......................................................................................... D ividends retained on w ith d raw a ls.......................................... A dvances rep aid ............................................................................:............ B onds sold ..................................................................................................... S p ecia l d ep osit ............................................................................................ Suspense a ccou n t .........................................................................., ........... C on tribu tion r e fu n d e d ..................................................................1.......... P rotested c h e c k ............................................................................... , .......... $685 1 1 ,00 6 4, 000 3 ,5 0 0 7 ,4 8 9 22 1 ,5 4 2 47 55 3 ,0 5 6 30 34 15 12 20 48 00 00 78 27 99 68 01 05 00 54 00 30 $ 3 1 ,4 9 7 30 DISBURSEMENTS L oan ed on m ortga ge......................................................................; .......... L oaned on sh a res............1........................................................................... D ues rep aid on w ith draw al, o r app lied on lo a n s ................ * .......... D ividen ds paid on w ith d raw a l, o r app lied on lo a n s..........» .......... Cash dividen ds p a id on incom e Mid accu m u lative prepa id shares P a id borrow ed m oney and p rio r m ortga ges......................... ■........... P a id in terest on b orrow ed m oney and p rio r m o r tg a g e s ............... P a id sa la ries and clerk -h ire ..................................................................... P a id ad vertisin g, p rin tin g and p osta g e............................................... P a id bankin g departm ent, exa m in a tion ............................................... P a id bankin g departm ent, assessm ent................................................. O fficers’ bonds .............................................................................................. A dvances fo r tax es, in surance, e tc ........................................................ S ta te and M etropolitan League dues and expenses......................... B ond p u rch a se d ............................................................................................ S pecial d ep osit ............................................................................................ A p p ra isa ls ..................................................................................................... S a fe d ep osit b o x ......................................................................................... C ash b ox ....................................................................................................... P rotested c h e c k ............................................................................................ C ollection ....................................................................................................... In tern a l revenue s ta m p s .......................................................................... Cash on hand D ecem ber 31, 1915.......................................................... $11, 550 7 ,9 5 6 5 ,7 1 9 234 52 3 ,5 0 0 19 65 17 26 2 00 63 71 51 70 00 17 00 15 00 58 20 00 55 01 20 14 985 00 20 00 28 30 10 00 75 12 30 10 70 1,2 01 55 $31 ,4 9 7 30 P la n , perm anent. P a r valu e o f shares, $200. In stalm en ts are 25 cen ts w eekly. Shares in force Janu ary 1, 1915, 7 4 7 ; shares issued du rin g th e yea r, 5 76; shares w ith draw n du rin g th e yea r, 35 1 ; shares in fo rce , 972. B orrow in g m em bers, 63, h oldin g 510 sh a res; n on-borrow ing m em bers, 79, h old in g 462 shares. Fem ale shareholders, 30, h oldin g 192 shares. T ota l dividends cred ited m em bers du rin g th e yea r on in stalm en t shares, $586.93; ra te, 4 % per cen t. T o ta l dividen ds cred ited o r p a id in cash to m em bers du rin g th e yea r on oth er shares, $114.32; ra te, 3% per cen t, and 4 % per cent. N ew Y oke C ounty 255 N o u npaid w ith draw als. O perating expenses, as defined in section 300 o f the B anking Law , in cu rred and paid du rin g th e yea r, $162.14. U n paid, none. N o prem ium plan . In terest paid by b orrow in g m em bers, 6 per cen t. N o prem ium charged. Loans have been m ade in K in gs, R ichm ond and W estchester cou n ties, New Y ork S ta te, and in New Jersey. L argest m ortgage loan ou tstan din g, $6,800. M ortgages in force in 'New Y ork State, $15,200. N o foreclosu res du rin g th e year. TEACHERS’ BUILDING AND LOAN ASSOCIATION OF NEW YORK CITY N o. 405 L exin gton avenue, N ew Y ork , N . Y . [Organized Officers President..................... Secretary..................... Treasurer................... A ttorney..................... under Law o f 1851. Commenced business 18881 Names Post-office addresses JOHN P. WlATERS............................. 405 (Lexington Avenue. JOSEPH C. COOPER......................... 405 Lexington Avenue. SAMUEL MeC. CROSBY.................. 405 Lexington Avenue. MAXWELL HALL E L L IO T T ___ 277 Broadway. ASSETS L oans on bond and m ortga ge................................................................... $385,948 26 L oans on shares ......................................................................................... 10,13*1 00 4 ,9 2 2 88 C on tracts fo r th e sale o f rea l esta te..................................................... R eal e s t a t e .................................................................................................... 110,306 00 Cash on hand and in b a n k ....................................................................... 5 ,4 7 8 93 $516,787 07 L IA B ILITIE S D ue shareh olders, d u es.............................................................................. D ue shareh olders, m atured sh a res........................................................ D ue shareh olders, dividen ds cred ited ................................................... P rio r m ortgages ......................................................................................... B orrow ed m oney ......................................................................................... U ndivided p rofits ....................................................................................... G uaranty fun d (a s per section 302 o f B anking L a w ).................. Supsense accou n t ....................................................................................... $315, SIS' 5 4 ,7 8 5 5 9 ,9 9 5 60, 000 3 ,0 0 0 5 ,4 8 7 17,401 513 00 00 87 00 00 81 99 40 $510, 787 07 RECEIPTS Cash on hand J an u ary 1 ,1 9 1 5 ................................................................. D ues cred ited to m em bers.......................................................................... M oney borrow ed ....................................................................................... .. M ortgages redeem ed, foreclosed o r tran sferred to rea l e s ta te .. . L oan s on shares re p a id .............................................................................. R eal estate s o ld ........................................................................................... Fees received ................................................................................................ F in es receiv ed ............................................................................................... In terest r e c e iv e d ....................................................................................... .. Prem ium r e c e iv e d ....................................................................... R en t r e c e iv e d ................................................................................................ D ividends retain ed on w ith d ra w a ls..................................; ................. A dvances rep aid ......................................................................................... R eal estate co n tra cts.................................................................................. P rofit and lo s s ..................................................................... .......................... Expenses rep aid ......................................................................................... S pecial d e p o s its ........................................................................................... $ 1 9 ,4 2 4 5 6 ,5 4 5 1 5 ,00 0 2 1 ,5 2 5 5 ,9 5 0 18, 622 119 105 2 1 ,9 4 6 251 6, 369 1 ,0 8 4 44 223 1 ,091 92 50 21 00 00 50 13 49 00 31 89 80 38 44 43 41 94 60 00 $168,446 53 256 R eport on Savings and L oan A ssociations DISBURSEMENTS L oan ed on m ortga ge................................................................................ .. Loaned on sh a res........................................................................:................. D ues rep aid on w ith draw al, o r a pp lied on lo a n s............................. P a id m atured sh ares........................... ....................................................... D ividends p a id on w ith d raw al, o r app lied on lo a n s .. , .............. Cash dividen ds p a id on incom e and accu m u lative prepaid shares P a id borrow ed m oney and p rio r m ortgages........................................ P a id in terest on borrow ed m oney and p rio r m ortgages................ P a id fo r rea l esta te..................................................................................... P a id sa laries and clerk -h ire..................................................................... P a id a d vertisin g, p rin tin g and p osta g e........................... I ............... P a id ren t ....................................................................................................... P a id rep airs to rea l esta te ........................................................................ P a id ta x es, inusrance, e tc ........................................................ ................. P a id bankin g departm ent, exa m in a tion ............................... P a id bankin g departm ent, assessm ent................................................. A dvances fo r ta x es, in su ran ce, e tc ........................................ ............... E xpense a ccou n t ......................................................................... R ea l esta te co n tra cts................................................................................... A pp ra isa ls ......................................................................... .......................... C on tin gen t f u n d ............................................................................................ R everted dividen ds, p ro fit and lo s s ........................................................ C ash on hand D ecem ber 31, 1815.......................................................... $40, 700 6 ,2 8 1 4 2 ,2 5 3 3 6 ,6 6 0 5 ,2 3 8 2 ,5 9 5 1 2 ,0 0 0 3 ,1 6 7 5 ,7 4 4 2 ,0 6 0 133 480 1 ,5 4 5 1 ,9 5 5 60 38 6 773 150 44 1, 007 1, 084 5 ,4 7 8 00 00 00 00 15 00 00 40 40 01 24 GO 31 47 00 13 00 10 85 60 50 44 83 $ 1 68,446 53 P la n , seria l. P a r valu e o f shares, $200. In stalm en ts are $1 m on th ly. Shares in force J an u ary 1, 1815, 4 ,8 7 3 ; shares issu ed du rin g th e yea r, 1,070; shares w ithdraw n du rin g th e yea r, 9 9 0 ; shares in force, 4,953. B orrow in g m em bers, 33, h old in g 291 sh a res; n on -borrow in g m em bers, 847, h old in g 4,662 shares. Fem ale shareh olders, 775, h old in g 4,332 shares. T ota l dividen ds cred ited m em bers d u rin g th e year on in stalm en t shares, $13,488.41; ra te, 4 per cen t. T ota l dividen ds cred ited or p a id in cash to m em bers du rin g th e yea r on oth er shares, $ 3 2 4 ; rate, 4 per cen t. N o u n paid w ith draw als. A m oun t o f shares m atured du rin g th e yea r, $31,680. M em bership fee, $1. O perating expenses, as defined in section 390 o f th e B anking L aw , in cu rred and paid du rin g th e yea r, $3,116.15. U n paid, none Prem ium plan , in stalm en t. In terest p a id b y b orrow in g m em bers, 6 per cen t. Prem ium p a id b y b orrow in g m em bers, variou s. L oan s have been m ade in B ron x, K in gs, N ew Y ork , Q ueens, R ich m on d and W estchester cou n ties, N ew Y ork S ta te, and in N ew Jersey. la r g e s t m ortgage loa n ou tstan din g, $17,250. M ortgages in force in N ew Y ork S ta te, $235,395.76. O ne foreclosu re du rin g th e yea r. TEACHERS’ CO-OPERATIVE BUILDING AND LOAN ASSOCIATION OF THE CITY OF NEW YORK N o. 166 E a st S ix tieth street, N ew Y ork , N . Y . [Organized under Law o f 1851. Officers President.................... Secretary..................... Treasurer................... A ttorney..................... Commenced business 1888] Names JOSEPH G. FTJRBY............... MAGNUS GROSS...................... JOHN R . ROSS.......................... F. C. LEUBUSCHBR............. P ost-office addresses 3035 Ocean Ave., Brooklyn. 166 East Sixtieth Street. Fordham Square, Bronx. 258 Broadway. ASSETS L oan s on bon d m id m ortgage L oan s on sh a res......................... $ 1 2 5,6 7 0 00 957 00 N ew Y ork County C on tracts fo r th e sale o f rea l e s ta te ................................................. R eal estate .................................................................................................... Cash on hand and in b a n k ....................................................................... F u rn itu re and fix tu res......................................................................... A dvances fo r ta xes, in su rance, e tc ........................................................ 25*7 $ 3 ,2 7 5 1 0 ,1 5 0 1, 355 150 60 00 00 44 CM) 49 $147,626 93 L IA B IL IT IE S D ue shareh olders, d u es.............................................................................. D ue sh areh olders, m atured sh a res.......................................... D ue shareholders, dividen ds cre d ite d ................................................. B orrow ed m oney ......................................................................................... U n divided p rofits ..................................................................................... G uaran ty fun d (a s per section 392 o f B anking l a w ) .................. Suspense accou n t ....................................................................................... $ 8 6 ,2 9 4 2 4 ,9 6 0 17,201 1 0 ,60 0 311 8 ,1 0 0 100 00 00 66 00 27 00 00 $ 1 4 7,6 2 6 93 R E C E IP T S Cash on hand Jan u ary 1, 1915.............................................................. D ues cred ited to m em bers..................................................................... ! M oney borrow ed ......................................................................................... M ortgages redeem ed, foreclosed or tran sferred to rea l e s ta te .. L oan s on shares re p a id .............................................................................. Fees r e c e iv e d ......... ...................................................................................... F ines received .............................................................................................. In terest received ......................................................................................... Prem ium r e c e iv e d ....................................................................................... R en t r e c e iv e d ................................................................................................ D ividends retain ed on w ith d raw a ls...................................................... A dvances rep aid ......................................................................................... D ividend, p ro fit and lo s s .......................................................................... R eal estate co n tra ct.................................................................................. G uaranty fu n d, p ro fit and lo s s ............................................................... Suspense a ccou n t ....................................................................................... $2, 703 1 8 ,91 0 7 ,1 7 0 7 ,8 0 0 148 14 26 6, 360 211 1,0 09 433 33 4, 721 40 100 700 46 00 00 00 00 75 81 10 05 00 21 60 80 00 00 00 $50, 401 78 DISBU RSEM EN TS Loaned on m ortga ge................................................................................... Loaned on sh ares......................................................................................... D ues rep aid on w ith draw al, o r app lied on lo a n s............................ P a id m atured sh a res......................................................................... D ividends paid on w ith draw al, o r a pp lied on lo a n s.................... Cash dividen ds paid on incom e and accu m u lative prepaid shares P a id borr