Deseret Evening News | 1901-02-04 | Page 3 | Co-Operation in Connecticut

i 1 I I IS IN 1 CONNECTICUT IN is II to tn Pay 11 Municipal Debts by lt Citizens lives U Bridgeport Conn Feb leb 4 A plan has Imas his been proposed to establish certain financial Institutions In here on a n basis of cooperation It I Involves the time raising of Forty Fort thousand are expected to flint the tine money each Inch taking D worth of ot stock Six cor corporations are arc to bo he chartered Of the tine 1 subscribed su by h each enl 25 5 will 1 form a 1 deposit In the time savings bank one of ot the time corporations while the th remainder wilt will wi pay may for tor one on share In each of the other otherIe five Ie companies With the scheme la is lan I In isa n a proposition to pay PC the time debts dehl of at tho time municipality by Insuring the tho lives of ot prominent citizens The Time city with will wi pay tho time premiums and bo imi 10 the time beneficiary Several resIdents resident have to Ink out policies It If the time scheme goes through