Iron County Record | 1949-02-10 | Page 10 | [Untitled]

ANNUAL REPORT To the Bank Commisslonar of the State of Utah made by the Cedar City Home Building Society of Cedar City. County of Iron, State of Utah. Statement of Condition as at the close of December 31, 1948. ASSETS First Mortgage Share Account Sinking Fund Loans $213,159.00 Advances for Taxes, Insurance, etc. (unless included above) 21.82 $213,183.82 U. S. Gov't. Obligations (including H.O.L.O 1.0(10.00 Accrued Interest Receivable on Investments 1,000.00 Cash on Hand and in Banks 4,529.91 TOTAL ASSETS $218,713.73 LIABILITIES Unpledged Withdrawable Shares: Installment Shares $ W.J7C.91 Full Paid Shares 7fi.750.00 Investment Certificates 113,520.91 Mortgage IMedged Shares 31,797.42 Other Borrowed Money 25,000.00 Accounts Payable 2.500.00 General Reserves: Legal Reserve 3,208.88 For Contingencies 7.000.47 Total General Reserves 10,275.35 Undivided Profits 5,011.05 TOTAL LIABILITIES $218,713.73 STATE OF UTAH, COUNTY OF IRON, SS. Arthur Gardner, being first duly sworn according to law, deposes and says, that he is the Secretary of the above named corporation and that the foregoing rejxirt contains a full, true and correct statement state-ment of the condition of the said corporation nf the close of business busi-ness on the 31st day of December, 1918. Dated that 29th day of January, 1919. ARTHUR GARDNER, Secretary, ATTEST: F. H. Petty, Wilson N. Lunt, Chas. B. Cooley, Subscribed and sworn to before me this 29th day of Jan., 1919 P. E. ANDERSON, Notary Public. My Commission expires May 20, 1919. STATE OF UTAH, OFFICE OF THE BANK COMMISSIONER: I, J. M. Knapp, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of condition of the above named corporation as of the close of business on December 31, 1948, now on file in my office. J. M. KNAPP, Bank Commissioner. (Adv. Feb. 3 and 10, 1919)