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Show ANNUAL REPORT To the Bank Commissioner 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, 1949. ASSETS First Mortgage Share Account Sinking Fund Loans - $259,559.00 Advances for Taxes, Insurance, etc. (unless included above) 93.46 $259,652.46 U. S. Government Obligations (including II. O. L. C.) 1,000.00 Accrued Interest Receivable on Investments 1,000.00 Cash on Hand and in Banks 4,953.22 TOTAL ASSETS 265,605.68 1 t DM ITIPC Unpledged Withdrawable Shares: A Installment Shares $ 69,190.60 D Full Paid Shares 103,300.00 F Investment Certificates 172,490.60 Mortgage Pledged Shares 44,459.12 Other Borrowed Money 25.000.00 Due Borrowers on Loans in Process 3,000.00 General Reserves: A Legal Reserve 3,889.28 C For Contingencies 9,078.36 E 12,967.64 Undivided Profits 7,688.32 TOTAL LIABILITIES 265,605.68 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 report contains a full, true and correct state- mnnt w t Vi ft rrrt i t Inn rf tliA ciA vrrvra tlrn at ta r eCH gf tStlclrtOCC on the 31st day of December, 1919. Dated this 30th day of January, 1950. ARTHUR GARDNER, Secretary. ATTEST: Wilson N. Lunt, F. H. Petty, Chas. B. Cooley. directors. Subscribed and sworn to before me this 30th day of January, 1950. FRANCIS W. BETENSON, Notary Public. My Commission Expires April 15, 1953. STATE OF UTAH, OFFICE OF THE BANK COMMISSIONER, I, ROY W. SIMMONS, Bank Commissioner of the State of Utah, do hereby certify that the foregong 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 1949, now on file in my Office. ROY W. SIMMONS, Bank Commissioner. (Feb. 2 and 9, 1950) |