Evening Republican, Volume 20, Number 3, Rensselaer, Jasper County, 4 January 1916 — WANT SUBSCRIBERS FOR BUILDING AND LOAN [ARTICLE]

WANT SUBSCRIBERS FOR BUILDING AND LOAN

Rensselaer Building, Loan and Savings Association to Start Business 1 Saturday, Jan. Bth, 1916. The Rensselaer Building, Loan and Savings Association will start business next Saturday, January Btb, 1916, and all payments on stock sub-scribed-~will be due at that time and thereafter on the second Saturday ofeach month. A membership fee of 25 cents per share is charged at the time of the first payment Which is necessary in order to meet the necessary expenses towards organization. This membership fee is taken care of in the first payment on all shares. The pass book and by-laws will be ready for delivery on the above date. The Board of Directors has seen fit to issue a second class of stock, which is termed Class C, and is to be paid for at the rate of 25 cents per week per share, each Saturday, and there is also a membership fee of 25 cents per, share charged on this shock. All payments are to be made at the'office of the secretary of the Association in the Odd Fellows ingThis .organization was started a few weeks ago and at first an effort was made to see and talk with every person who might be interested in this proposition, which naturally even in a community of this size is almost an impossibility and without doubt several persons were not solicited. Taking that fact for granted the Association through the columns of this paper takes this means of saying to the residents of Rensselaer and surrounding country that this is strictly a community affair started and backed by your own people, for the good of your own community, and that it is not a close corporation. The directors and officers have been working bard on this proposition and are trying to make it equally as fair a proposition to the. borrower as to the investor. The books of the Association will be kept open the first ffionth in order that all who. care to may come in at the st»rt and thereby share in the first dividend. Everyone in The entire community and surrounding country is invited to join this association whether a large or a small investor and if you do not entirely understand the proposition you are invited to call at our office, inspect our by-laws and we will try and enlighten you as to the details of our organization. B. F. FENDIG, President. D. DELOS Dean, Secretary.