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Show ' BUILDING. SOCIETY BUSINESS GROWS The annual meeting of the 1 stockholders of the St. George Building Society was held Wednesday Wed-nesday evening with a large percentage of those interested in the institution in attendance. The former officers of the as-: as-: sociation were reelected as follows: fol-lows: Joseph K. Nicholes, president; pres-ident; W, B. Mathis, vice-president; W. 0. Bentley, secretary; V. W. Cannon, H. T. Atkin, C. A. Kemp and Orval Hafen, directors. di-rectors. The report of the secretary showed that the business of the company had been unusually good for the past year. All obligations ob-ligations were met, and regular regu-lar dividends paid. Twenty-two thousand, seven hundred dollars worth of class A stock was matured ma-tured in 1931. The detailed report re-port of condition, made to the state bank commissioner, is printed in this issue of the News. The growth of the company since its organization in 19 IS has been consistent and regular, increasing from resources of $7,-303.31 $7,-303.31 in that year as follows: 1919. $0.702.64 ; 1920, $16,-i $16,-i 534.35; 1921, $19,776.64; 1922, i $42,605.21; 1923, $64,102.37; 1924, $S0,195.69 ; 1925, $90,-"33.67; $90,-"33.67; 1926, $lll,63S.ll; 1927 $123,266.54 ; 192S, $139,644.60; 1929, .$162,338.36; 1930, $184,-' $184,-' 480.09; 1931, $195,301.11. |
