Newspapers / Gastonia Daily Gazette (Gastonia, … / March 24, 1920, edition 1 / Page 2
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TACK TWO. v TRt GASTOMU ia.lX.fT WEDNESDAY, 1L1ECH 24, 1920.V ANNUA L S T A T.E M ENT OF THE HKJE BUlDiaG USD LOAN ASSOCIATE! ? OF GASTONIA, N. C f Ti the Insurance Commissioner of the State of North Carolina For the Year Ending December 31, 1919. " V Organised or Incorporated April, 1912 Commenced Business April, 1912. President EjB. BritUis, rostoffiee Address, Gastonia, N. C; 1st VkePrea jdeat, C. B. Armstrong, Postoffiee address, Gastonia, N. C. 2nd Vice-President, Geo. R. Spencer, Postoffiee address, Gastonis N. C; Secretary, A. J. Rankin, Postoffiee address, Gastonia, N. C. ; Treasurer, A. J. Rankin, Postoffiee address, Gastonis, N. C. ; Attorneys A. C. Jones, Geo'. B. Mason, Postoffiee addresses, Gavtonia, X, C. , j Directors, Jas. W. Atkins, A. M. Dixon, A. K. Winget, W. B. Morris, E. B. Brittain, W. F. Kineaid, B. G. Rankin, A. C. Jones, Geor R. Spencer, A. G . Myers, Fred L. Smyre, Jno. B. Rankin, Andrew E. Moore, C. B. Armstrong, Ji lander Gray, Geo. B. Mason, W. T. Rankin, Henry Ran kin W D. Anderson, A. J. Rankin. RECEIPTS AMD DISBURSEMENTS. 102,632.13 52.00 RECEIPTS. Cash on band December 31st, per last report r . 1,306.50 Installments received dariag the year Fines received during the year Entrance fees received dur ing the year $1,196.00 less 20e to correct error made in last report caused by credit 'ing 20c to membership fees which should have been cred ited to transfer fees Transfer fees received during the year Money borrowed during the year r . ,. Mortgage loans repaid . . . . v . Stock loans repaid Interest received i ..... .Balance due on real estate loans during year DISBURSEMENTS. Installments ma tured $ 32,025.50 Installments with drawn 17,116.21 1,195.80 63.70 R.325.00 58,275.00 22,157.50 ,12.554.69 4,000.00 Total .. $210,562.32 Total installments Profits on matur ed or prepaid stock . . .. 6,253.50 Profits on with drawals 453.50 4U.141.7S PRIFIT AND LOSS ACCOUNT, ' .; - EXPENSES. Unpaid fine aud interest oil " : mortgages t date of last ' port credited to profit ai loss account Profits paid en matured 'stock Profits-paid oa stock X with drawn ... w .... . . . , a. . . ' Interest oa borrowed money , doe and. unpaid V. . ,h Salaries ...... ...... ..... Unearned interest paid in ad ranee per lost report Advertising and printing . ... Taxes '. Rent ...... Other expenses Profits apportioned ' f Total $ 30,632.98 . 24.1.6S 6,253.50 f" -'. ' 455.50 S09.87 J.HtM).? 8.76 259.44) 650.78 55.00 3.1S 20.4U6.05 . income. , v; Total profits per last report ..$ 16.40S, Unpaid interest on' borrowed - r money at, date of , last re- ' ' .. port. f vhargI to ; Profs , v ' and toss Account -"61. Interest on' mortgages: ;--re -: ' eeived during .year, laclurt. ; v.' ing 25)3.33 due and nnpali ."'. v this dktei: rv. l . . f . ''isXis. Fines received t . . f 5 U . ; Eutrauco f.ws $U1UC00, .less to rtrwt error made 1 -'is laoi 'reporW 20o- er edited . . to membership, fees aoould hare been in transfer fecs acount ...... ..,.' Transfer fees 70 if (1,195. Total .9 30,632.98 INSTALLMENT STOCK Htock in force January 1, 1920, and Apportionment of Profits Total profits paid out Loans on mortgages Loan on shares Borrowed money repaid I liter cut Discouut on prepaid Ntock... EXPENSES. Salari $ 1.S90.70 Advertising and printing 258.46 Taxes on stock . . 650.7S Rent 55.00 6,707.00 15,185.00 17,613.20 14,623.00 309.37 400.00 Total expensei . Insurance depart ment fees Trip to Raleigh. . 7.00 2i.ls 2.H54.94 33.19 Total Balance, cash on hand at close of business Iecmber 31, 1919 3,692.83 Total $210,562.32 ASSETS AND LIABILITIES. , ASSETS Loans on mortgages ,...,. . .$22785.00 T Ik ..1 IROIUOfi ' MJuauiy vu suitrcv ...., ..... ltl,ntn,6U . Installments due and' unpaid. . 4,165.60 Interest due and unpaid..... 293.33 Gaston County B. A ' L. ty , purchaiie ...... ,.!,., ,,. , 312.52 Oash ia-oflice'ajid banks 3,692.85 Furniture and fixtures ' -, 22.55 Unearned discount on advance : ' payments , V. . . . ... . . . . 400.00 LIABILITIES. ! installments (in- i eluding od--vance payments of $8,8S8.25) $222,058.40 Arrears 4,165.60 Total .$252,020.03 Total installments duo shareholders Profits on install ment stock 20,496.05 226,224.00 Total profits ap portioned 20,496.05 20,496.05 Balance to be paid on loans made 4,000.00 Borrowed money 1,300.00 Total .. .$252,020.03 Due to bo Paid . Profits o , - . r u .g E .2 u 5 5 Ok j; 0 2d ' Xi 'A " g. pm 4j 149 325 163 $81.25 $12,106. 25l$l,973,318. 75 $15.57 $2,321.27 $96.82 5j 52 312 156Vi 78.00 4,050.00 634,764.00 14.36 746.69 92.36 6 95 299 150 74.75 7,101.25 1,065,187.50 13.20 1,253.01 87.95 7 44 286 143Mr 71. 5d 3,146.00 451,451.00 12.07 531.06 83.57 8 19 273 137 68.25 1,296.75 177,654.75 10.99 208.98 79.24 1 9 ' 24 260 130A 65.00 1,560.00 20.180.00 9.98 239.48 74.98 10 151 247 124 61.75 9,324.25 1,156,207.00 9.01 1,360.08 70.76 11 148 234 117" 58.50 .8,658.00 1.006,740.001 8.00 1,184.26 06.50 12 80 221 111 55.25 4,420.00 490,620.00 7 ."21 577.13 62.46 13 206 208 104 Vj 52.00 10,712.00 1,119,404.00 6.39 1,316.79 58.39 14 56 195 98 48.75 2,730. OoJ 267,540.00 5.62 314.72 54.37 15 436 182 91'j 45.50 19,838.00 1,815,177.00 4.90 2,135.25 50.40 16 815 168 844 42.00 38,430.00 3,247,335.00 4.17 3,819.94 46.17 17 284 155 78 38.75 11,005.00 858,390.00 3.56 1,009.76 42.31 18 101 142 71 35.50 3,585.50 256,363.25 2.99 301. 5S 38.49 19 127 129 65 32.25 4,095.75 266,223.75 2.47 313.18 34.72 20 144 116 58i 29.00 4,176.00 244,296.00 1.99 287.38 30.99 21 280 103 52 25.75 7,210.00 374,920.00 1.51 441.04 27.26 22 208 90 45.i 22.50 4,680.00 212,940.00 1.20 250.50 23.70 23 1,028 77 39 19.25 19,789.00 771,771.00 .8 907.87 20.13 24 523 64 32 16.00 8,368.00 271,96). 00 .61 319.92 16.61 25 752 51 26 12;75 9,588.00 249,288.00 . 39 293.25 13.14 26 927 38 19 9.60 8,806.50 171,726.75 .21 202.01 9.71 27 1,342 25 13 6.25 8,387.50 109,037.50 , .09 128.27 6.34 28 1,422 12 6 3.00 4,266.00 27,729. DO .02 32.63 3.02 j913 j 1217,335.75) . 20,496.05 SUPPLEMENTARY QUESTIONS. (1) To what per cent of valuation are loans limited t 66 2-3 per eent. (2) What is the largest mortgage loan outstanding f $5000.00. (3) Have you any loans on second mortgage f If so, what amount f None. (4) How often are series issued I Quarterly. (5) Do you mature shares within a given time If so, how longt No. (6) Are all the profits of the Association apportioned at the beginning of each series? No. (7) Are the dues per share payable weekly or monthly? Weekly Amount? 25c. (8) Amount of authorized shares? 50,000. (9) Par value of each share? $100.00. (10) Number of shares in force at beginning of year? 6,187. (11) Number of shares subscribed during year? 4,770. (12) Number of shares canceled and withdrawn during the year? 1,444. (13) Number of shares in force at end of year? 9,513. (14) How many persons hold stock? White 619; Colored 85. State of North Carolina, County of Gaston: Eg. E. B. Brittain, President, A.J. Rankin, Secretary, of the Home Building and Ljoan Association of Gastonia, State of North Carolina, being duly sworn, each for himself, deposes and says that they are the above described officers of the said Association, and that on the 31st day 0 December, last, all the above described assets were the . absolute, property ' of the said ,AsaocI- - i inn fma r,l 1m, mm '.... . MM km.. - ddm L k... a t w and that the f ongoing statement, 'with the schedule and explaaation therein eon- tawed, assumed, or. referred to. are a full and -correct exhibit of all the assets, v ' liabilities, incomes, and disbursements, and of the conditions and affairs of the said , Association on- tlte said '31st day of. December laiVaod. Jox.tha year ending on,., that day, according to the list of their information,, knowledge and Ielief , re- ? peciirely Vr-.-V?. -;:i;V.-!.-.j Jjti ::VrV.":'VvV;!.1 ::' -'' ' 4 Rwum ta Suil uhtu-J'ihed Iwfnrfl inn 5 v fy.y . - M, . I", jKIBBr, ' Jr Notary Publio-I --) - , 1 -X JJy Commiaaion. Expires April 14.-1921. ; E. B. BRITTAIN, Presidents' , - A; J'; BANKIN, Bee-Trea- '.' v ':. : '. JT ATE Or NORTH CAROLINA. j ' . f .v L.JL: :INSU1ANce department ; v ' - t-.;-: ; , Raleigh, March 15, 1920. . ; . i ' . ." "r :7 fV,'': I,- James Jt. ' Young, ' Insurance Commissioner, do hereby -certify that' the above is a true and correct abstract of the statement of ho Home Building an : Loan Association, of Gastonia, i filed with thin Department, showing , the con V dition of said Association on the 31st day of December, 19H. , ' ' 4 ; ' Witness" my iand and official seal,: the day and data abore written. - -y ' ; :u S l.H 'f F -lh ,-JAMES B." YOUNG, Insuraaee" Conuaiaaioaar. Cocker Machmei& Foundry Co. w y. -' .! Builders of Textile Machinery Gastonia. N. C. Soft Clean Grey Iron Castings Well You WO! Do to see us befpre buying a body for your Ford Four Ton ,Truck. We have just received a car of bodies that are finished up-to-date in every particular. Also we are painting cars and trimming tops. We have a lot of Ford top covers, back curtains, curtain lights. We have some top covers as good as new, will suit most any make of car, that we can sell at a bargain. Buggy tops on hand, also lot of 7-8 inch tire buggy whpl naintpd and readv to DUt on. ''Srtt Come and see us for any kind of material in our line Gastonia Wagon & Auto Co. U i r I sr GAZETTE WANT ADS PAYTRY'EM T. L CRAIG, Propr. J. H. COFFEY.Managcr n B) n n f! M JJ a :a. s After being sterilized, filled and sealed, each bottle of Chero Cola is labelled with the famous four-color label. This label is your guarantee of a pure, wholesome vdririkl Without this label it isn't Cherp-Cola. r The automatic machine labels bottles at the rate ot twera-second, or ,200. each hour. Now you know some of the rea sons why everyone admits There iVjprM? So Good". BUCK WEAVES MAY QUIT. CHICAGO, March 23. Keporta to club headquarters here today from the ' Chicago Americana' training " ramp at : . Wuco, Tex., were regarded as exceeding ly bearish.,' ' ( Dissatisfied with the terms of his thre year contract made last easony fleorg "Bnck" Weaver, atnr third baseman, w -fused to practice yesterday and declares his intention of leaving the team. Weaver v said he would return to Chicago an! eon- ' elude some business natters and go t California, according to the reports. .. :v CONDEMNS MURDER LORD MAYOR DUBLIN, March 22. Armored ears,' police with drawn sword a and an infantry guard wearing helmets escorted. Judge of the Assizes court at Oarway to the courthouse this m.orning.v One. justice, in :. addressing the 'grand juiy, said there hal been four . murders, two robberies with. arms and many other crimes such a shooting in the houses since the .last As sises. ; ', ". The Tipperary Urban district coaucil has adopted resolutions condemning tb . murder of Thomas MaeCurteio, lord may or of Cork. Correspondence of The Daily Gazette. GRAY HAIR RUINS J Vi YOUB APPEARAIIGE - Hovr many times hare you stood before r a mirror and wished your hair would be evenly dark and lustrous like' the yovngr folks you see, instead of being dull, gray streaked, or faded, as well as thin or falling. Don 't envy them, ' You can have beau- tiful, evenly dark, lustrous, long, thick . hair; too. i Just get a bottle of Q-Baa, the vrohdrf ul hair colof restorer, and : comb it into your hair ouce or twice a day as per simple directions on the bot tle. Tn'a few weeks that ugly,' faded, lifeless gray hair will have the beautiful, even dark color of youth back, and when you run your flngrs through your hair and feel hovr soft and wavy it is, too, you will wear a smile of real delight. Thousands of enthusiastic users pn&m Q Ban Hair Restorer ai (he. greatest hair eotor restorer raadei All drug ' stores have Q-Ban. ready for you in handy bot tles or by i matt 73 cents. W J. H. Ken- i nedy tc Co Gastonia, N. C-i i
Gastonia Daily Gazette (Gastonia, N.C.)
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March 24, 1920, edition 1
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