Salt Lake Telegram | 1931-07-16 | Page 12 | B. -L. Associations Pay out Dividends

L. B.-L. Associations Pay Out Dividends loan Building loan Instalment payments by certificate holders and borrowers are keeping up surprisingly well in inthe inthe inthe the face tace of slack business In the experience ex- ex of the associations controlled con con- trolled Tolled by Colonial Holding corporation corpora corpora- ion tion Dean F. F Brayton Drayton president of or orthe the Colonial said Thursday It would not be fair to say that payments are as stend steady as s In normal times or that there has been no increase in increase crease in our real estate holdings but jut I doubt if it any other line of business busness bus bus- mess iness ness is showing better results Our Idaho companies are pro prospering The rhe depression Is felt the most In some parts of Texas Colonial Holding disbursed V the regular semiannual dividend of or per share on its preferred stock July 15 This Is the fifth consecutive dividend divi paid by the company The subsidiaries and affiliated companies com com- panics of ot the Colonial Holding cor corP are Colonial Building and Loan association Ogden Citizens' Citizens Savings s and Loan association Fort Worth Texas Interstate Fidelity Building and Loan association l Salt Lake Texas Plains Building and Loan association Amarillo Texas Guaranty Guaranty Guaranty Guar Guar- anty Savings and Loan association Pocatello Idaho Denver Building and Loan association Denver Colo Cob Colonial Building and Loan association association tion of Texas San Antonio State Building and Loan association association tion announced the payment Tuesday Tues day of or dividends on all classes of stock aggregating In amount covering the first h half 1 of the year ear Junius Romney secretary and treasurer treasurer trea treat surer stated that earnings s for the period Were vere satisfactory