Show BUILDING AND SAYINGS SAVINGS REPORT RE PORT for ho the year tar ending june lolli loth 1886 tp the holders of the ogden building and ringa savings association a in submitting this the ath annual statement of the affairs of the association 0 cia tion I 1 desire to sa say that though he the year has not been as profitable bleas those which preceded it our affairs are nevertheless in a very nourishing flourishing c condition the demand for money h aa s been very light andas and as a conse cuenco o enco the loans have hare been few and 0 t ahe premiums small but a large num ber of holders holder of block in the first and ind other early serica series have surrendered heir their stock at a small profit to the association and taken stock in a later series in this way our surplus money lias has been used so that at no time dur ng the the present have we carried any money over in the treas at A large number of borrowers have repaid their loans so that our loan account has not increased as fast as n former years we have been compelled to take tike two pieces of property on which wo we had mortgages and we still hold them the loans they re presented were cancelled and the sums charged to real estate account which further reduces our loan acs count n t about 1700 one of the houses ia U rented and abins the money invested in it I 1 hink think the association will ultimately be able to dispose of them without any loss lose our building comm committee atee has ex the utmost carwin care in accepting securities and I 1 am confident we haye not now on our books a loan through ii which we could by any possibility lity lose a dollar the following statement shows the business orthe of the year total al number certificates of sabek I 1 fa sued 34 total number of shares 1 of block issued I 1 aa DIVIDED AS coiro f futh serles 2 alith series 1 seventh series 29 1 1 2 number Num bero of I r shares at date of last re port A DIVIDED rOt LOWS first series ee rles cag second series 18 Y Z third ser series leg HI fourth series n 82 4 I 1 im 1239 number INt imbor ot of shares withdrawn du during ring the y year r THE T EKIE an rol LOWS I 1 first espritt seri erf 1 I 13 second series it 40 third series J 33 fourth crici tAT 20 fifth serles IM 1 53 sixth geries sa z 4 00 leaving at this late total number of hare DIVIDED AS FOLL 03 I 1 rort serlee mccond 1 third series J fourth fouth saries 2 62 fifth series cr lei 1 cl sixth series Bo rles H seventh perles 7 3 1 pata NI t on afi abo various berle s there have ha been made payments as follow follows first series sa 9 8 second e 0 n d series 32 th third 1 r d atries ties 27 fourth serl ci 21 1 l filth fifth series esi seri 44 4 15 sixth series I 1 9 becuti series 1 1 a 3 F expenses p ses at last report X 9 to a expenses during the yeara year 4 77 SO I 1 total expense since organ lation W V p due dues I 1 2 ilo 00 entrance fees fee 64 SO interest hlll 71 74 finai Fi nei W sa 45 iana loans paid tu aws 00 I 1 01 I 1 amount loaned stockholders 00 paid to withdrawing withdraw ing stockholder stockholders 7 interest paid to withdrawing stockholders ba 00 fines flues remitted 11 1 11 77 50 T taxes ISO SO premiums returned on ou payment of loans 99 duo due frem stockholders 1 2 at 67 amount charged aci t real detate Esi tate 2019 83 cash in treasury I 1 IW 1 38 0 M I 1 01 1 hills receivable 00 duo pue from stockholder iteal neal estate r 2018 81 8 1 caja in treasury 1 I 1802 18 SS 38 41 sm so 8 thares hr af 6 00 4 bo at al date of last repart 20 0 profits for the year 2 7 CO GO rh 1 J I t ti first cacti s share I 1 ettre ittre it tre it 1 vl 00 second I 1 A 41 40 third series 1 I N 9 fourth series 11 11 JJ s 20 fifth series IS pf is 15 sixth serie rit R it to 10 br seventh erlee 3 is I 1 I 1 oa ex utah june ath t ism 1885 I 1 of the of I 1 i building and savings association june 0 IMS 1885 Bi balanco lanco 2676 08 iteen from sec see to fluted hite I 1 1890 01 I 1 I 1 7 I 1 tl t 1191 3 t oil june 8 imbalance IW Balance ra aan co on ak hand and UW 88 93 warrants v rr anto paid sl to 0 date 34 balance I 1 72 I 1 YM V treasurer Trea aurer dormi mi utah june esth 1850 6 I 1 hereby certify that there is to the credit of t lie and av dav inra ings association with the commercial i national hank bank the anni of eighteen litin hundred tired and forty nine dollars and riad eight cents I 1 0 E ae As compared with tato prece dlug year our showing ie is not as Ovo rahle as wy we could wish but wl 1 en we nye take into consideration that during the year ending june 10 1885 our I 1 premiums rom amonn bums were very large frequents fy ly amounting ting to as much in one month mouth as they did during this year in elx six months and the stock that waa surrendered rendered during that tha tyoa was laseur our rendered rend cred at a to tho the association I 1 think wo we havo have no cause to repine if we have not rint increased as rapidly as we expected to do a year arago ago we have certainly certa ialy done bettor than wo we exp expected acted when we organizer organized our association 0 1 II 11 secy dated juno june 8 IS |