Show ogden Kull ding and aa 1 apt bation Ia tion FIN ancial ItE rOUT for the year ending june 1887 7 to of the oad ogden ell building and savings association Asao cution tle the lust year hae has been dahly profitable though the profile profits have arism 1 principally from rom interest on oil loans already out ne as we have loaned coin com but a little money and our premium premiums llao have been email small during the ilia entire year car I 1 two Tv ocar years ago a the board of directors adapt adopted cd a liberal schedule of our render va laguee ties to enable stockholders in n an early series to draw out their money noney and come into a later series without losing too large portion of the apparent gains and during U tho tile 56 ejr w quite a number of holders of 0 first mice stock availed themselves ol 01 the opportunity thus given and eur sur ren rendered rendy dared red their stock taking alin the same nu num aber berof of shares in a later seri ancs I 1 ce s aleo algo a number of borrowers borr owera have ro paid their 1 loans so 0 o that our loan account liaa has ed but slowly of the properties on hand band at last report one haq been eold sold a hout loss to hie the association and vo we liopo hope to bo be able to dispose of the other am advantageously advant ase our building committee coiner cittee who hav e tle ilia examination ei ot of securities in their care hai have e been vigilant and careful caro tui and js as a it result wo we ha have no bad loans and aro tire in no danger of losie the following statement allows the busine buei b usine noea ot of the i year car total number of certificates of stock issued I 1 31 tot total al number of hares shares of 0 stock SOO 00 divided a am allows follo irB I 1 fiaui benes series ij i total SOO Nur number riler of hares shares at date of last 1101 1161 report divided as follows I 1 14 first series too second ond series 1 15 third series fourth ries 62 2 1 ditth acnes 63 S 1 t h benee 1 I K 40 I 1 I seventh perl CC 11 1101 total number of shares withdrawn wither a w n 1 9 I 1 curing the year ear from the tile different series as follows first series 95 t second a cries 42 third baries 42 fourth 1 series 15 1 fifth eerie series 13 sixth series 40 series 32 tot total al k at this date total nura r TA living 1182 ber of shares 1 ili divided idad aa as follows follow fl r first I iret ams second series third serie CA I 1 bourth 15 47 ii fifth series tio sixth series 1 seventh series eerie ag 1 I I 1 I 1 ig I 1 tit feries 1 I 02 LI ninth anth series 10 8 total 1182 PAYMENTS series there lae have been I 1 on the various 11 made payments pay mente aa its follow follows 1 First decries 51 1 second series 44 third series 30 19 fourth series 3 sa I 1 futh series 27 biath series 21 brics 15 1 seventh I 1 0 9 eighth series ninth series 3 monthly d dues ties 00 I 1 interest it 54 entrance rn trance fee 00 I 1 fine acet 83 I 1 heal real estate 1500 00 I 1 loans repa repaid a 00 1 premium premiums I 1 total 2005 2095 55 W 0 11 loaned to stockholders I 1 00 I 1 faid paid withdrawing with drawing 0 stockholders 00 int 1 jh paid lid with 6 into I 1 l ding stockholders li 88 I 1 premium i on loans w I 1 fines remitted expenses 35 taxes due irom from sio holders I 1 aint charged to I 1 re real 1 estate 35 5 it C cash ash in in treasury ury total atol 62 EXPENSES Kipens ca at latt last r expenses for the year total since organization I 1 bills recel receivable Table 4 puo due from stock holders 47 real estate 35 I 1 C cash ashin in treasury af tAS 29 I 1 7 11 1182 tock stock 00 I 1 net not profit 12 29 present 1 TALUS or STOCK 8 I 1 ill ral ment t I 1 made 1 imn value lit let eerie series 51 9 00 ad series 41 44 69 37 ad series 39 62 hyeries 33 44 29 ath 4 t 1 1 1 bill 5 th series enoe 27 04 ath t h series one 21 2778 27 78 ath n it anee 15 19 1952 52 series I 1 I 1 9 1127 I 1 eth series 3 3 07 REPORT june 1011 balance 1849 38 received il roin in S secretary e cr detary to date 00 I 1 total sa I 1 I 1 june stine laib 1887 warrants paid dunne during the i I 1 y year ear 01 balance on band b 47 toul total 1 1 1 38 signed lalev lA ltV Y Tre aurer ogden utah june 1887 I 1 hereby certify that is to the cr credit edit ot of tho the ogdon ogden building and savings etli the commercial national bank tho the um mum of eight hundred fifty eight and forty dollar dollars signed 0 L E HILL cashier utah june juno ailt 1887 to ilia h directors ogden end and savings Ms whon git we th the undersigner unde under reigned signed committee have examined tir tile hoove books of 0 the secretary and treasurer ot of this socio tion anil and find them correct corre ct ani anil properly kept it iftner 11 IV koe 1 JKO L CLEM 11 IV 11 II I 1 Audi tips corn com 1 1 I 1 1 I 1 i gilr kijl lo 10 J 1 I 1 I 1 ri IT I 1 it will b be 6 observe observed by comparison with our it 1 t annual that the net t profit t for or tho the ear in dollar dollars and cen rente t 8 ii Is but greater than it wab war lt laft year 5 ear but it will be ba noticed ano that thit the tile ln in r e me iu in tile value of 0 tho the stock ats effii more rapid A A year ear neo ago the first amen was worth iv 01 per share now the 3rd series abich occupies the place the ilia let lot dil did then is worth and of course every very other a corresponding gain on the whole I 1 think wo we may felicitate ourselves on the success our ft claOn has achieved and look forward very hopefully for t the be future alesia A II 11 KELSON imson secretary |