Show PAVANT VALLEY BANK PAYS DIVIDEND the stockholders of the pali vaut valley dank bank were ife eed sed when the officers and direct ors declared a divide nt of pf 8 55 carted and to bo be p id immediately i th s bap babp has lihs seen the tolly folly in and tl ti e pitfall s to its predecessors nd refuses to lend on expectations that is they confine their loans to aclus tangie 0 livestock ind and other forma forms of 0 collateral ey cy but not on in expected seed or other crop milk cows pigs a start in poultry always with a great naiem ii ai gin of security to the bank and A 1 peculation squeezed out such is the policy of this financial tion and pursuing that course it can not help but evade the main tac fac tors which caused the failure of its predecessors small loans scattered loans never at all on real estate or it taken at all on very short time and amply secured without any following of the inflated prices will gradually ac crue savings banks trust compan ies les farm mortgage loan companies insurance companies private invest ors and estate funds many sources are open to the farmer for his realty loans but it la is not the province of a small country bank to load up an on them this dividend in declared only at af ter having paid all organization ex benses all stationery and taxes op orating expenses and rent paid in advance to july first we are very glad to make public announcement of this earned divi bend especially in a period of stress when business and the business of farming and farming the farmer who farms the larm is at such a low ebb ra jat it speaks ofa of a solidity which will revive although in a comatose con at the moment |