Newspapers / The Cooleemee Journal (Cooleemee, … / Feb. 3, 1966, edition 1 / Page 3
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I ,- ' • •■ . THWMPAY FEBRUARY.* ,lAM \ : 1922 A Savings Institution Your Confidence Built 1966 j; Thank Yon, MOCKSVILLE kHI DAVIE COMTV FOI Till COHFIBEMCE f CLIMAXING I Over $6,964,290.26 In Assets f -=TJ 11965 HAS BEEN OURI ...fs.. j AndSafewitha44-ye,rreccrdof BIGGEST YEAR FOR SAVINGS J earnings that stands on Its own i • merit. Let ue tell yeii abeut It. At th « clo *« of Business December 31, 1965, eur Assets CUft AAA A A ! I reached an ALL-TIME HIGH 10,U0U.9£ j; statement of condition 56.964.290.26 Dividends For First 6 Months j; Mocksville # BIGGEST YEAR FOR DIVIDENDS j; Savings and Loan For the Year 1965 this Associat i o n Paid its savings ell o l7 9 7 c J| Association Members DIVIDENDS Totaling Over y ZI Zil V • ' OF MOCKSVILLE, N. C., AS OF DECEMBER 31, IWS 4 $238,353.68 Dividends For Second 6 Months I THE ASSOCIATION OWNS;' ' 38 088 20 O BIGGEST JEAR FOR SAVINGS Maki " 8 I * Cash on Hand and in Banks $ 38.688.20 * *; Slttt ment N^n h ds Caro,ina . u ". *- G !. e - n -- 457.669.82 At the Close of Business December 31, 1965, Great New i» Mortgage "° m^ . L °* n . B#nk 6,237,73i:6o Savings Accounts Were Made. Our Net Increase In I , purpose of enabling them to own their Savings Is $34,624.11 $C\ OA O €\ /* £\ ' homes. Each loan secured by first $0 M J J IL- Mm mf !: 8.942.00 $6,141,020.58 / 4 iA .ij.l nA >| i Advances made to our shareholders A ft ' , against their shares. Office Furniture and Fixtures 23,210.04 —* !: Re« 77 ' 022 ' 48 Total Unpaid Balances on Mortgage Loans in Force at the Total Dividends Fof 1965 ■ , Heal Es'ate Sold Under Contract 9,875.00 4 other Assets 51.751 06 Close o# Business December 31, 1965 )» TOTAL $6,964,290.26 56,237,731.66 ■■ - ■ | , LIABILITIES 1 1 THE ASSOCIATION OWES: \; to our care in the form of These are the men whose business experience and knowledge Ufa N AUf Day pavments on shares as follows: ... .. . . . . . . ■■ ■ m m. . .. WWW IS WWW ■ HW i • FuiM>aid shares $1,169.85000 of financial matters guide the policies of your Association: ' | » Optional Shares .... $4,971,170.58 j , Other Share 6,141.020.58 Notes Payable, Federal Home Loan Bank .. 225,000.00 OFFICERS JH • * Money borrowed for use in making T 0 I » loans to members. Each note approved AMf> CTASt I# I »* H# I Una H \w§ | , bv at least two-thirds of entire Board #%WI/ ® I T H t ~ of Directors as required by law. B M *" Account Payable 5,935.10 | M g StOHMtrMt 9 Me B. StonOStrOOt M Loans in Process 56.034.08 • f wne ® 11 ■■■■ /A II undivided profits 51.527.85 President # E.C.Morris M A. #ll k Federal Insurance Reserve (If Insured) 276,990.13 § w Reserve for Bad Debts 53,609.52 9 E.C.Morris • Mrs.MaeK.Click #1 To be used for the payment of any y. p • j UL I» losses, if sustained. This reserve in- VICO rreSlUefsl • O Q * nf l flr c/*n j^pssjg v , creases the safety and strength of the _ __ __ __ AII . AHUCI•*»!■ J Association 9 MrS. MaO K. Click _ rMlMllf Mai4U ™ ' \\ oIh TOTAL Ii - ics ;:::::::::::::;:":;::::::~t6,»04:2»0:26 Secretary-Treasurer • ® eor * # WW. martin Current Stale of North Carolina, County of Davie, ss: I S Graham R. Madison • G.N.Ward Annual RATE Mrs. Mae K. Click, Secretary-Treasurer of the above -Teller- 9 M. H. Murray • * named Association, personally appeared before me this day. . w , __ ..... )' and being duly sworn, says that the foregoing statement is # T. A. 5110*81 # We M. Miller BB" * J ■ m true lo the best o( her knowledge «nd belief. -Teller- • T A *h,w,f UIVIOGIIfIS flffi >* Sworn to and subscribed before me, this 25th day of _ 1 •■■■•Vlimw mml W | » January. 1966. # Judy Foster j: Hy co m £:::£ M r,T«. " T *'" r " I Compounded Quarteriy Mocksville Savings & Loan Association f 213 S. Main St. Mocksville, N. C. Phone 634-2013 ********************ft****************************************************ftft COOLKEMKE JOURNAL, COOLEEMEE, NORTH CAROLINA 3
The Cooleemee Journal (Cooleemee, N.C.)
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Feb. 3, 1966, edition 1
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