Jasper County Democrat, Volume 6, Number 9, Rensselaer, Jasper County, 6 June 1903 — NEW BUILDING AND LOAN. [ARTICLE]

NEW BUILDING AND LOAN.

The Iroquois Building, Loan and Savings Association of Rensselaer, filed articles of association with the secretary of state this week. John Eger is president; J. H. S. Ellis, vice-president; and J. H. Chapman, secretary and treasurer. The directors are the above named gentlemen and J. F. Major and Jerry Healy. The capital stock is $500,000, divided into five seriee of 1,000 shares of SIOO each. Shares are exempt from membership or expense fund and members can withdraw at any time and receive baok every cent paid in with 6 per cent interest. About 125 shares of stock have been subscribed to date, and 1,000 can easily be sold. It is the intention to have the association in running order by July Ist, and much benefit to the city and to people of moderate means who desire to build homes is expeoted to result. ' —— . Irwin & Irwin are making loans on farm or oity property at a low rate of interest and commission and on more liberal terms than can be obtained elsewhere in Jasper County.