Evening Republican, Volume 23, Number 180, Rensselaer, Jasper County, 28 July 1920 — FIVE HUNDRED SHARES OF CAPITAL STOCK [ARTICLE]

FIVE HUNDRED SHARES OF CAPITAL STOCK

of the Rensselaer Building, Loan & Savings Association will be offered to the citizens of Jasper county, at par value for the next thirty days. z On tiie 22nd day of November, 1915, at a meeting of the representative citizens of Jasper county, held in Rensselaer, the Rensselaer Building, Loan & Savings Association was organized with a capital stock of $100,000.00. Like all such organizations it was formed for the purpose of encouraging the building and improving of homes in Jasper County, giving every energetic citizen an opportunity to own his own home. A second purpose of the organization was to encourage thrift and savings. An effort was made to give one an opportunity to become an investing stockholder who was permitted to subscribe for stock and pay for it on a. monthly installment plan. This organization has shown a steady growth and has been managed at an exceedingly low overhead expense, Moderate dividends have been declared each year for the investor and over one hundred persons have been benefited by its loan advantages, approximately $150,000.00 having been loaned to the citizens of Jasper County for home building and improvement. At a recent meeting of the Directors of this Association the capital stock was increased to $200,000.00 and. it was then decided to give the citizens of this county an- opportunity to purchase stock in this live, wide awake association on the monthly payment plan. . The par value of each share of stock is SIOO.OO, such stock being paid for at the rate of $2.00 per month per share. No person will be permitted to subscribe for more than ten shares and no one family will be permitted to subscribe for more than twenty shares of this issue. This provides an ideal way for any person to lay aside a small amount of his earnings each month for future emergencies as Che amount paid in can be withdrawn at any time upon proper notice to the Association. This orgsnisaticm is governed by State law and is examined once a year by State examiners. For further information or particulars see any member of the Board of Directors of this Association or D. Delos Dean, its secretary, Odd Fellows Bldg., Rensselaer, Ind. x .