Newspapers / The Tryon Daily Bulletin … / Jan. 7, 1931, edition 1 / Page 2
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CONDENSED STATEMENT M. & J. Finance Corporation of Shelby, N.C. at close of business December 31, 1930 ASSETS Cash on hand and in Banks . . $ 5,029.29 Accounts and Notes Receivable . 54,417.11 Stocks and Bonds . . 6,300.00 Furniture and Fixtures . . 121.66 Premium on $10,000; Life Ins. . 80.95 Total . . . $65,949.01 LIABILITIES Capital, Common $36,100.00 Capital, Prefered 11,900.00 $48,000.00 Undivided Profits 3,920.16 Less Dividend paid 1,625.09 2,295.07 Certificates of Investment 15,653-94 Total . . . $65,949.01 I have audited the books and records of The Manufacturers & Jobbers Finance Company, of Shelby, N.C. for the six months period ended December 31, 1930, and hereby certify, that in my opinion the above statement reflects the true condit ion of the company at that date and is in agreement with its books. H. L. SHELNUTT, CERTIFIED PUBLIC ACCOUNTANT Georgia Established 1928. Incorporated July Ist, 1930. 334 Loans made averaging $190.61 each and amounting to $63,- 664.72 during 6-months ending January Ist, 1931. Three years without a single loss in loans. We accept money on Certificate of Investment and pay 6% Interest. Payable or Compounded quarterly. We loan money on good endorsement or Ist mortgage, payable in weekly or monthly payments. OFFICERS 4 DIRECTORS • ' Fred W. Blanton, Pres. & Treas. C. P. Rogers, C’hm. H. C. Metcalf Carl S. Thompson, Vice-Pres. F. P. Bacon T. E. McKee W. C. Ward, Vice-President Fred W. Blanton C. S. Thompson P. S. Lewis, Secretary Dr. Ben Gold T. A. Rippy D. S. Blois, Ass’t Treas. J. L. Lackey W. C. Ward \ M.&J. FINANCE CORPORATION OF SHELBY, NORTH CAROLINA BRANCH OFFICES AT COLUMBUS AND TRYON, N.C.
The Tryon Daily Bulletin (Tryon, N.C.)
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Jan. 7, 1931, edition 1
2
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