OCR Text |
Show LOCAL SOCIETY REPORT SHOWS BUSINESS GAIN In spite of the financial depression depres-sion of the past year, the annual report of the St. George Building Society shows a marked increase of business during the last twelve months. During the year the authorized capital was increased from $400,-000 $400,-000 to $500,000. The number of shares sold in 1930 was 569.5 as compared with 448.5 for 1929. The number of shares in force at the end of the year 1930 was 3262; 1929, 2918.5. Receipts totaled $69,-064.86 $69,-064.86 for 1930; $63,472.05 for 1929. Dividends paid on class C or paid up stock, 1930, $3227.38; 1929, $2856.45. Borrowed money repaid, 1930, $10,975; 1929, $5800. The assets totaled $184,480.09 in 1930 and $162,338.86 for 1929. The number of shareholders at the end of the year increased from 195 in 1929 to 205 in 1930. |