Newspapers / The Tryon Daily Bulletin … / July 5, 1932, edition 1 / Page 2
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Condensed Statement Manufacturers & Jobbers Finance Cprp. of Shelby. N, C. At the close of business June 30, 1932 ASSETS LIABILITIES Cash due from banks $ 2,401.60 Capital Stock . . $51,500.00 Loans and discounts 64,879.77 Surplus, Profits and Stocks and bonds 7,500.00 Reserves $8,303.96 Premium SIO,OOO. Life Less Div. Pd. 3,872.00 4,431.96 Insurance . . 410.32 Reserve for Contengeocies 1,341.00 Furniture and Fixtures 109-90 Cenficates of Investment 18,028 63 Total . $75,301.59 Total' . . $75,301.59 MADE 829 LOANS averaging $128.99, amounting to $106,931.93 during the year ending June 30th. In the same period we collected loans amounting to $110,458.58. Average loan one-fourth of one per cent of Capital. BY DISCONTINUING making loans for 60'days, we could pay off every dollar on Certificate of Investment, By the same process for six months, we could pay every stock-holder his original investment. OUR CERTIFICATES make an ideal short time or tem porary investment Pays 6 per cent interest, payable or compounded quarterly. Can be converted into cash on 30 days notice. 8 PERCENT Cumulative Preferred and Common stock may be obtained on reasonable terms. This stock is NON / TAXABLE and NON ASSESSABLE, OFFICERS DIRECTORS Fred W. Blanton, Pres. & Treas. C P. Rogers, Chairman of Board Carl S. Thompson, Vice-President F. P. Bacon H. C Metcalf W. C Ward, Vice-President Frcd W - Blanton CS. Thompson P. S. Uwis, Secretary T.AIg M.&J. Finance Corp. of Shelby, N.C Offices Columbus and Tryon, N. C
The Tryon Daily Bulletin (Tryon, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 5, 1932, edition 1
2
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