Evening Republican, Volume 19, Number 270, Rensselaer, Jasper County, 13 November 1915 — BUILDING AND LOAN PLANS PROGRESS [ARTICLE]

BUILDING AND LOAN PLANS PROGRESS

Every Person Says It Is a Good Thing and Many Subscribe For Stock— Meeting Soon.

Delos Dean has been busy getting plans started for the Building & Loan Association and encouragement has been given him on every side and the pledging of stock has resulted in securing 150 shares in five and ten share amounts. B. F. Fendig started the list with ten shares and others who have subscribed are George E. Murray, Leslie Clark, Schuyler C. Irwin, Dr. C. E. Johnson, Geo. A. Williams, Geo. H. Healey/ D. Delos Dean, Chas. M. Sands, Dr. E. C. English, Dr. I. M. Washburn, Samuel Fendig, Dr. F. A. Turfler, William Traub, J. F. Hardman, A. F. Long, Geo. A. Long, Dr. M. D. Gwin, C. Earl Duvall, G. J. Jessen, Warner Bros., H. B. Tuteur, Geo. W. Hopkins, W. L. Frye, N. C. Shafer and R. D. Thompson. Many could not be seen this morning but the list will be passed to allow the pledges taken by Mr. Dean on application. A public meeting will be called soon and all given an opporeunity to subscribe for stock until the 500 shares are taken. It is planned to get things in shape to organize by election a board of directors about Dec. Ist. Pledges for stock will be taken for one to ten shares. The stockholders can go in either for investment or with the expectation of borrowing. The association will be authorized to loan to others who are not members for the purpose of home building, but the law provides that shareholders have a prior right to borrow.