Massachusetts. Dept. of banking and insurance. Div.

Annual report of the commissioner of banks ... 1906- online

. (page 36 of 53)
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Cash on hand October, 1919


11,539 77


Dues capital








$569,437 00






Profits capital






114,931 89




$SS1.661 tt


Unpaid dues








2,595 00
















$686,968 89



Dates of E^mination and Audit, March 25-28 inclusive.



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No. 8.]



BANK COMMISSIONER.



285



WALPOLE CO-OPERATIVE BANK, WALPOLE.

WIST STRUT.

Incorporated June 11, 1012. Began business June 14, 1012.

Harbt a. Whitino, President. Willabo E. Everstt, Treamrer.

Board of Directors: C. S. Bibd, Jr., H. W. Caldwell, W. E. Evwurrr, F. A. Fisher, N. W. Fisher,
O. J. Fisher, C. A. Gilmorb, G. M. Graves, Jituus GmLO, R. H. Hartshorn, F. W. Kinomam,
H. H. Miller, D. H. Rzlbt, G. W. Towlb, Jr., H. A. Whiting.

Security Committee: D. H. Rilet, N. W. Fisher, R. H. Hartshorn.

Regular meetings for receipt of moneys the second Friday of each month.



STATKMXNT OF CONDITION AT TBE CLOSK OF TBE OCTOBIB BUSINBSS. 1919.



Au«tg.

Loans on real estate
Loans on shares .
Permanent expense account
Temporary expense account
Cash ....



$137,850 00

2,800 00

6 00

20 00

6,802 62



$146,477 n



UabiUtiaf.



Dues capital






$123,352 00


Profits capital .






19,108 90


Guaranty fund .






347 54


Surplus






178 78


Interest






3,332 01


Fines






46 36


Withdrawal profits






89 50


Forfeited share accoun


t




22 43



$146,477 91



Sharet.



Issued durins year
Withdrawn during
Shares now ^1«'
Shares in force



439

286

827

2,586



Membanhip.

Added during year
Withdrawn during year
Members ....
Borrowers ....



Proflta DiitributMl.

Unmatured Shares.
First term, 3%; second term, 3%.



33

23

294

75



Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; after 6

years, none.



BatM and AT«raffM on Loans.

68 real estate loans (average, $2,027.20 each; average rate. 6%): 6%, $137,850.
8 share loans (average. $350 each; average rate, 6%): 6%, $2,800.



Total bpenaot for Taar.



Amount paid for .
Cost per $1,000 of assets



Salaries.

$100.00

.68



Other

$80.50

.48



Total.
$180.50
1.16



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286



REPORT OF THE



[Pub. Doc.



B6c«ipti and DiiburMmentf .



RSCXIFTB.

Dues capital

Real estate loans repaid

Shane loans rex>aid

Inter^t

Fines

Withdrawal profits

Cash on hand October. 1018



DlSBUBSSMKNTS.

Dues capital withdrawn

Profits capital withdrawn

Real estate loans

Share loans

Interest

Temporary expense

Cash on hand October, 1010



$30,530 00

16.050 00

2.120 00

7.748 80

143 23

110 55

400 20

•S8.11t 87



$8,681 00

054 85

40.700 00

1,725 00

1 00

165 50

5.802 52

$S8,llt 87



Beooncillation of Slurs Aeoount with Dues
and Proflti Capital.

Date of Issue. Series. p^Qj^^ inFowe.



Total Vahie.



June 1012

Dec. 1012

June 1013

Dec. 1013

June 1014

Dec. 1014

June 1015

Dec. 1015

June 1016

Dec. 1016

June 1017

Dec. 1017

June 1018

Dec. 1018

June 1010



$100 22
100 27
01 50
83 15
74 05
67 00

50 20

51 70
44 50
37 41
30 55
23 88
17 40
11 11

5 00



34
202
102
123
147
102
184
165
162
165
143
168



Dues paid in advance .



Dues capital
Profits capital
Unpaid dues



$41,722 04
8.823 76
3.114 06
24.270 80
14.300 40
8,241 00
8,715 63
5,282 58
8,188 00
6,172 65
4.040 10
3,040 20
2.4S8 20
1,866 48
1,105 00

115 00

$14S,48S 90



$123,352 00

10.108 00

1.023 00



$14S.48S 90



Dates of Examination and Audit, October 17-20 inclusive.



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No. 8.]



BANK COMMISSIONER.



287



WALTHAM CO-OPERATIVE BANK, WALTHAM.

•S7 MAIH STRUT.

Incorporated October 13, 1880. Began business October 20. 1880.

Edward P. Smith. President. Earl F. Caswell, Treoturer.

Board of Directors: H. A. Bacon, W. P. Bartkl, A. S. Batchklder. G. M. Batea. F. H. Bent. John
Berrio. E. H. Bull, E. F. Caswell. J. E. Cobb, T. I. Curtin. C. W. Durgin. G. A. Fiel, E. L.
FoLsoif, W. N. Fuller, C. F. French, F. P. Havens, W. E. Peterson, E. P. Smith, J. L. Totten.

Security Committee: E. P. Smith, E. H. Bull, J. L. Totten.

Regular meetings for receipt of moneys the third Thursday of each month.



8TATIMXNT OF CONDITION AT TBM CL08K OF TBM OCTOBIB BUBINXSS, 1919.

LUbiUtief.
Dues capital
Profits capital
3,367 matured shares represented

by certificates .
Guaranty fund .
Surplus ....
Forfeited share account
Personal accounts
Dividends on matured shares
Due on uncompleted loans
Deposit or installments received

on sales of Liberty Loan Bonds
Notes payable



Bonds and notes


$67,600 00


Loans on real estate


. 2,662.875 00


Loans on shares .


58.160 00


Loans on matured share certificates 5,480 00


Real estate by foreclosure, etc


. . 5,891 95


Unpaid interest .


4,585 42


Unpaid fines


50 00


Personal accounts


34 81


Insurance and taxes paid


94 71


Liberty Loan Bond account .


4.850 00


Cash ....


52,407 39




•S,86S,0M 18


SharM.




Issued during year
Withdrawn dtiring year


. 11,855


. 7.374


Forfeited during year .


40


Matured during year
Shares now pledged


907


. 14,908


Shares in force


. 40.524


Matured shares represented bj


f certificates 3,367



$1,752,466 00
302,364 34


673,400 00

33,993 80

35,989 71

486 54

200 00

8.111 89

8.050 00


2.967 00
44,000 00



•S.8$S.0M 18



Membenhip.

Added during year .... 1,040

Withdrawn during year 648

Members 4.053

Borrowers 1,492

Proflti Distributed.

Unmatured Shares.
First term. l>i%: second term, l>i%; third term,
l>i%; fourth term, 1^%.

Matured Share CBRTiriCATES.
First term. 1H%: second term, l)i%; third term,
iyi%; fourth term, l>i%.



Proportion of profits retained on voluntary withdrawals, none.



Ratal and ATeraffoi on Loans.

1,1S6 real estate loans (average, $2,346.14 each; average rate, 5.86%): 5%, $358,100; 6%. $2,304,775.
1,068 share loans (average. $60.51 each; average rate. 6%): 6%, $58,160.
Loans on matured share certificates: 6%, $5,480.



Amount paid for .
Cost per $1,000 of assets



Total bpeniei for Tear.

Salaries. Other Expenses. ToUl.

$6,372.00 $9,364.55 $15,736.55

2.23 3.27 5.50



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288



REPORT OF THE



[Pub. Doc.



B6c«ipti and Diibunementf .












and Proflta Capital.




Receipt
Dues capital
Real estate loans eliminat


. $472,977 00
ed by


Dateoflisue.


Seriei.


Vahie
per Share.


Shazei
in Fores.


Total Value.


foreclosure


7,300 00


Oct.


1907


91


$197 47


126


824.881 22


Real estate loans eliminat


ed by


Jan.


1908


92


192 12


164


31.507 68


maturity of shares .


16.425 00


April


1908


93


186 94


176


32.901 44


Real estate loans repaid


410,750 00


July


1908


94


181 78


114


20,722 92


Share loans repaid


63.955 00


Oct.


1908


95


176 66


193


34.095 38


Uncompleted mortgage loanf


1 70,300 00


Jan.


1909


96


171 64


298


51.148 72




50 00


May


1909


97


164 93


205


33.810 65


Real estate by foreclosure


13.485 42


Aug


1909


98


160 00


269


43.040 00


Interest


155.117 58


Nov.


1909


99


155 14


420


65.158 80


Notes payable


74.000 00


Feb.


1910


100


150 31


262


39.381 22


Fines


2,665 00


May


1910


101


145 55


201


29.255 55


Transfer fees


96 50


Aug


1910


102


140 83


189


26,616 87


Profit and loss .


4 95


Nov.


1910


103


136 19


227


30,915 13


Partial payment on bonds


30,012 00


Feb.


1911


104


131 55


361


47.489 55


Temporary expense


16 35


May


1911


105


126 98


315


39.998 70


Forfeited share accoimt


870 66


Aug.


1911


106


122 52


276


33.815 52


Liberty Loan Bond accounts


134.950 00


Nov.


1911


107


118 05


349


41.199 45


Matured share accoimt


182.061 76


Feb.


1912


108


113 64


583


66.252 12


Matured share certificate ace


ount . 181.400 00


May


1912


109


109 30


516


56.398 80


Personal accounts


688 89


Aug


1912


110


104 99


624


65.513 76


Security committee


189 00


Nov.


1912


111


100 74


828


83.412 72


Guaranty fund .


1 00


Feb.


1913


112


96 52


881


85.034 12


Profits capital
Taxes and insurance


10 16


May


1913


113


92 34


553


51.064 02


217 74


Aug


1913


114


88 20


613


54.066 60


Cash on hand October. 1918


23.584 14


Nov.


1913


115


84 12


643


45.677 16






Feb.
May


1914
1914


116
117


80 08
76 10


740
502


59.259 20
38.202 20




$1,841,028 16






Aug.


1914


118


72 17


570


41.136 90






Nov.


1914


119


68 27


580


39.596 60


DlSBURSEMl


arrs.


Feb.


1915


120


64 43


930


59.919 90


Dues capital withdrawn


. $216,627 00


May


1915


121


60 65


523


31.719 95


Dues capital forfeited .


1,034 00


Aug.


1915


122


56 90


693


39.431 70


Dues capital matured .


133,329 00


Nov.


1915


123


53 22


1,109


59.020 98


Profits capital withdrawn


34,957 85


Feb.


1916


124


49 57


1,538


76.238 66


Profits capital forfeited


131 56


May


1916


125


45 98


1.018


46.807 64


Profits capital matured


39.169 67


Aug.


1916


126


42 41


1.205


51.104 05




760.650 00


Nov.


1916


127


38 91


1.562


60.777 42


Share loans


57,955 00


Feb.


1917


128


35 43


1.760


62.356 80


Uncompleted mortgage loanc


66,350 00


May


1917


129


32 01


1.303


41,709 03


Notes payable


50.000 00


Aug.


1917


130


28 62


1.125


32.197 50


Bonds and notes


22,350 00


Nov.


1917


131


25 29


1.277


32.295 33


Real estate by foreclosure


9,032 08


Feb.


1918


132


21 98


1.547


34.003 06


Interest


3,452 33


May


1918


133


18 73


1.185


22.195 05


Temporary expense


15.752 90


Aug.


1918


134


15 50


1.613


25.001 50


Fines


2 31


Nov.


1918


135


12 33


1.755


21.639 15




778 80


Feb.


1919


136


9 18


2,812


25.814 16


Surplus


100 00


May


1919


137


6 09


2,852


17.368 68


Matured share account


182.061 76


Aug.


1919


138


3 02


3,039


9,177 78




ficates 5,480 00














Matured share certificate ace


ount . 400 00


Dues paid in advance .




4.074 00


Profit and loss .


148 11














Personal accounts


626 00










U,OU.iM 84


Dividend on matured shares


26,537 82














Guaranty fimd .


1.141 47














Taxes and insurance


188 10


Dues capital


.




. $1,752,466 00


Liberty Loan Bond accounts
Partial payments on bonds


121.550 00


Profits capital






302,364 34


38.815 00


Unpaid dues


.






9.575 00


Cash on hand October, 1919


52.407 39






















U.OU,iM 84








$1,841,028 16















Dates or Examination and Audit, October 30-November 19 inclusive.



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No. 8.]



BANK COMMISSIONER.



289



WABEHAM CO-OPERATIVE BANK, WAREHAM.

196 MAIN STRUT.

Incorporated May 1, 1018. Began business June 1, 1018.

James T. Hennesst, Prendent. Edward C. Bodfish, Treasurer.

Board of Directore: W. A. Andrew, F. E. Barrows, J. J. Beaton, E. C. Bodfish, J. L. Eldredge.
C. S. Gleaaon, I. C. HAimoND, J. T. Hennesst, Georoe Lano, F. M. Larchar, J. C. Make-
peace, C. B. Morse, F. C. Small, W. E. C. Warr, J. W. Whxtcomb.

Security Committee: J. W. Whitcomb, J. T. Hennesst, E. C. Bodfish.

Regular meetings for receipt of moneys the second Tuesday of each month.



8TATIMXNT OT CONDITION AT THI CLOSE OF THI OCTOBIB BUSINESS, 1919.



ASMtl.



LUbUitief.



Loans on real estate


$7,650 00








$8,250 00


Permanent expense account


164 57








102 75


Temporary expense account


15 70








1 31


Cash ....


818 30




ount




168 24

22 42

25

69

3 00




$8,648 66




$8,648 66


ShATM.






Membership.




Issued durins jrear
Withdrawn during year


173


Added duri


ng year
durmg year


25


34


Withdrawn


10


Forfeited during year
Shares now pledged


3


Members




123


30


Borrowers




7


Shares in force


506




Proflta Distributed
Unmatured Shares


.






First term,


1%; second term


2%.





Proportion of profits retained on voluntary withdrawals, 25%.



Bates and ATerayes on Loans.

7 real estate hana (average, $1,078.58 each; average rate, 6%): 6%, $7,550.



Total lipenses for Tear.



Amount paid for .
Cost per $1,000 of assets



Salaries. Other Expenses. Total.
$31.68 $31.68

3.70 3.70



Digitized by



Google



290



REPORT OF THE



[Pub. Doc.



Beeeiptf and Disbunomentf .



RSCXIFTB.

Dues capital

Bonds and notes .

Interest

Fines

Transfer fees

Withdrawal profits

Forfeited profits .

Forfeited share account

Guaranty fund .

Profits capital

Cash on hand October, 1018



$6,401 00

2,500 00

274 10

34 68

25

82

03

3 00

20

12

1,013 02





$10,118 IS


DiSBUBSEMKNTB.




Dues capital withdrawn


$321 00


Dues capital forfeited .


3 00


Profits capital withdrawn


4 06


Profits capital forfeited


12


Real estate loans


6,550 00


Bonds and notes .


2.500 00


Temporary expense


20 01


Fines ....


2 28


Withdrawal profits


03


Surplus ....
Forfeiture profits


20
03


Cash on hand October. 1010


818 30




$10,118 U



B«eoneilUtion of Slurs Aeoount with Dues
and Broflti Capital.

DateofI«ue.8eriei.p^«gi^ j^^*;^ Total Vahie.

June 1018 1 $17 23 423 $7,288 20
Dec. 1018 2 11 07 78 863 46

June 1010 3 5 00 05 475 00



Dues paid in advance .



Dues capital
Profits capital
Unpaid dues



65 00



$$.$•1 76



$8,250 00
102 75
330 00

$$.$•1 7$



Date or Examinatzon and Audit, October 31.



WATCH CITY CO-OPERATIVE BANK, WALTHAM.

661 BIAIN STRUT.

Incorporated March 25, 1014. Began business April 6, 1014.

Anthont J. DoHSBTT, PrendetU. John J. Fltnn, Treaturtr.

Board of Diredort: M. P. Collins, T. E. Dekhan, A. J. Dohebtt, F. A. Eldbidos, J. J. Fahkt,
T. J. Flannert, J. J. Flynn, J. J. Harold. F. J. Kbllt. R. L. Ltons, C. J. McCobmack, J. P.
MoBRissET, C. L. Reade, E. T. Saulnisb, W. E. Sawtbb, p. H. Sheridan, Matthew Sulli-
van, D. J. Tbacet, T. a. Tbacbt.

Security Committee: C. J. McCobmack, J. P. Mobbisset, M. P. Collins. T. A. Tbacet, W. E. Sawteb.

Regular meetings Cor receipt of moneys the third Thiirsday of each month.



8TATIMBNT OF CONDITION AT TBM CL08K OF TBM OCTOBIB BUSINBMI. lilt.

ASMtl.

Loans on real estate . $66,450 00

Loans on shares .... 076 00

Unpaid interest ... 358 83

Permanent expense account 230 14

Temporary expense account 40 00

Over and short account 177 15

Cash 2,288 50



$70,680 68



UabiUtief.




Dues capital


$62,076 00


Profits capiUl


7.177 73


Guaranty fund .


170 41


Surplus ....


168 07


Interest ....


501 07


Fines ....


45 70


Withdrawal profits


2 07


Forfeited share account


355 08


Personal accounts


14 50



$ird.810 6S



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No. 8.]



BANK COMMISSIONER.



29J



ShATM.




Withdrawn during year

Forfeited during year

Sharea now pledged

Shares in f oroe ....


435

287

15

391

. 1,773



Membership.

Added during year
Withdrawn during year
Members ....
Borrowers ....



30

48

218

34



Proflti Diitributed.
Unmatubxd Sharks.
First term, l}i%; second term, 1K%; third term,
1K%; fourth term, 1H%-



Proportion of profits retained on volxmtary withdrawals, none.



Bates and ATeraffes on Loans.



g? real estate loans (average, $2,461.11 each; average rate, 6%): 6%, $66,450.
7 thare loans (average, $130.43 eaoh; average rate, 6%): 6%, $076.



Amount paid for .
Cost per $1,000 of assets



Total bpenses for Tear.

Salaries. Other Expenses.

$360.00 $330.00

5.13 4.71



Total.
$600.00
0.84



Receipts and Disbursements.



Rkcsipts.




Dues capital


$10,170 00




10.200 00


Share loans repaid


720 00


Interest ....


4,450 31


Fines ....


250 20


Withdrawal profito


2 07


Temporary expense


55 00


Forfeited share account


335 58


Personal accounts


60 00


Cash on hand October, 1018


5.051 48



DlSBUBSSMENTS.

Dues capital withdrawn
Dues capital forfeited .
Profits capital withdrawn
Profits capital forfeited
Real estate loans
Share loans
Temporary expense
Permanent expense
Forfeited share account
Personal accounts
Cash on hand October, 1010



$40,801 7S



$7,175 00

381 00

788 30

64 43

27,700 00

325 00

580 06

01 57

840 87

60 00

2.288 50

$40,80$ 78



Reconciliation of Share Account with Dues
and Profits Capital.



Total Value.



April 1014
Oct. 1014
Jan. 1015
April 1015
July 1015
Oct. 1015
Jan. 1016
April 1016
July 1016
Oct. 1016
Jan. 1017
April 1017
July 1017
Oct. 1017
Jan. 1018
April 1018
July 1018
Oct. 1018
Jan. 1010
AprU 1010
July 1010
Oct. 1010



1

3

4

5

6

7

8



10

11

12

13

14

15

16

17

18

10

20

21

22

23



$76 03

60 32
65 40

61 71
57 07
54 26
50 60
47 00
43 44
30 02
36 44
33 00
20 62
26 20
22 00
10 73
16 51
13 33
10 10

7 00
4 03
1 00



Dues paid in advance



Dues capital
Profits capital
Unpaid dues



403
18
11
60
30
31
54
58
8
5
53

127
31
32

207
73
20
52
57
67

150

127



$37,026 40

1,247 76

720 30

3,702 60

1.757 01
1,664 15
2.732 40
2,725 42

347 52
100 60
1,055 72
4,170 56
014 22
841 28

4.758 03
1,440 20

330 20
604 56
580 83
475 03
640 77
127 00



48 00


$70,000 78


$62,076 00

7,177 73

747 00


$70,000 78



Datss or Examination and Audit, October 14, 15.



Digitized by



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292



REPORT OF THE



[Pub. Doc.



WATEBTOWN CO-OPERATIVE BANK, WATEBTOWN.

60 MAIN STRUT.

Incorporated J\me 23, 1888. Began business June 28, 1888.

Chables E. Fat, President. Ultsses S. Young, Treasurer.

Board of Directors: C. W. Bixbt. Charles Brioham, F. E. Cbitchett, J. D. Evans, C. E. Fat, A. A.
Gliddbn, Andrew Hawes, W. H. Lucas. Lewis McLauthlin, A. E. O'Neil, H. W. Otis, F. D.
Tarlton, J. F. Turre, U. S. Young.

Security Committee: F. E. Critchett, Andrew Hawes, W. H. Lucas.

Regular meetings for receipt of moneys the last Thursday of each month.



STATEMKNT OF CONDITION AT THI CL08K OF THI OCTOBIB BUSINBSS. 1919.



Asseta.

Bonds and notes

Loans on real estate

Loans on shares .

Loans on matured share certificates

Temporary expense account

Cash



$20,850 00

2,335.595 00

64,545 00

1 310 00

1,905 31

50,572 89


•1.468,778 10



represented



LUbUitief.
Dues capital
Profits capital
2.510 matured shares

by certificates .
Guaranty fund .
Surplus
Interest
Fines

Withdrawal profits
Due on uncompleted loans



$1,



608.588 00
283.634 59

502.000 00

24.873 91

13.325 05

25.264 91

552 23

189 61

5.350 00



•1,468.778 10



ShATM.

Issued during year

Withdrawn during year

Matured during year

Shares now pledged

Shares in force

Matured shares represented by certificates



11.241

5.849

595

12.739

40.164

2,510



Membership.

Added during year .... 773

Withdrawn during year 547

Members ...... 3,329

Borrowers ...... 938

Proflta Distributed.

Unmatured Shares.
First term, lTie%: second term. lTi6%: third
term. l%e%: fourth term, lTi«%.

Matured Share Certificates.
First term, l)i%: second term, l)i%; third term.
1M%: fourth term, 1K%.



Proportion of profits retained on voluntary withdrawals, 25% on series less than 5 years old; after

years, none.



Bates and Averaces on Loans.

768 real estate loans (average, 83,041.14 each; average rate, 6%): 6%. 82.335.595.
e4£ share loans (average, 8226.39 each; average rate. 6%): 6%, 864,545.



Total Expenses for Tear.

Salaries. Other Expenses. Total.

Amount paid for 85,706.18 84,641.30 810,347.48

Cost per 81.000 of assets 2.32 1.96 4.27



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No. 8.]



BANK COMMISSIONER.



293



Boeeiptf and Disbunementf .


Beeo


ncillat


Ion of Slurs Account with Dues










and Proflta Capital.




Rkceipts.
Dues capital .... $461,235 00
Real estate loans eliminated by


Dateoflasae.


Series


Value
perSttre.


Shares
in Force.


Total Vahie.


maturity of shares .


10.200 00


Jime


1908


41


$191 39


310


$59,330 90




341.420 00


Dec.


1908


42


180 20


394


70,998 80




44.430 00


June


1909


43


169 31


406


68,739 86




15.600 00


Dec.


1909


44


158 71


557


88.401 47


Mortgages ....


4.400 00


June


1910


45


148 41


438


65.003 58


Bonds and notes


43.500 00


Dec.


1910


46


138 38


481


66,560 78


Interest ....


136.582 72


Jime


1911


47


128 65


539


69,342 35


Fines ....


2.992 53


Dec.


1911


48


119 21


600


71,526 00


Withdrawal profit*


1.094 49


Jime


1912


49


110 01


520


67,205 20


Temporary expense


180 00


Dec.


1912


50


101 05


982


99,231 10


Profits capital


24


June


1913


51


92 34


1,082


99.911 88


Matured share certificate account


119.000 00


Dec.


1913


52


83 86


1,402


117.571 72


Dividend on matured share certifi-




June


1914


53


75 63


1,111


84,024 93


cates ....


4.787 60


Dec.


1914


54


67 64


2,008


135.821 12


Insurance and taxes paid


552 18


June


1915


55


59 86


1.807


108.167 02


Loans on matured share certificates


) 1.560 00


Dec.


1915


56


52 30


2,550


133.365 00


War savings stamps


241 62


June


1916


57


44 95


1,391


62.525 45


Cash on hand October, 1918


34.163 85


Sept.


1916


58


41 36


1,079


44.627 44






Dec.


1916


59


37 82


2,312


87.439 84




$1,221,940 IS


Mar.


1917


60


34 33


1,858


63.785 14






June


1917


61


30 89


1,134


35,029 26






Sept.


1917


62


27 49


1,150


31.613 50


Disbursements.




Dec.


1917


63


24 14


1,312


31.671 68


Dues capital withdrawn


$96,453 00


Mar.


1918


64


20 84


1,840


38,345 60


Dues capital matured .


83.895 00


June


1918


65


17 59


1,095


19.261 05


Profits capital withdrawn


7.803 49


Sept.


1918


66


14 38


1.439


20,692 82


Profits capital matured


35.568 40


Dec.


1918


67


11 22


2.195


24.627 90


Real estate loans


802.550 00


Mar.


1919


68


8 10


2.801


22.688 10


Share loans


54.530 00


June


1919


69


5 03


2.570


12.927 10




10.250 00


Sept.


1919


70


2 00


2.801


5,602 00


Bonds and notes


42.800 00














Interest ....


665 39


Dues paid in


advance .




3,626 00


Temporary expense
Surplus ....


10.527 48















4,787 74










$1,899,664 09


Fines ....


12 74
9 20.550 00










-




Dividend, matured share certificate




Insurance paid .


54 00


Dues capital






. $1,608,588 00


Loans on matured share certificate!


1 920 00


Profits capital






283,634 59


Cash on hand October, 1919


50.572 89


Unpaid dues
■y 3-13 inclusive.




$1


7,442 00




$1,221,940 18


,899,664 09


Dates or Examination and


Audit, Februai





WAVERLEY CO-OPERATIVE BANK, BELMONT.

22 CHITBCH 8TBEET. WAVXBLBT.

Incorporated April 4, 1896. Began business April 18, 1896.

John P. Bradbury, President. Irvino F. Munrob, Trea»urer.

Board of Directors: W, F. Bsstle, J. P: Bradburt. L. B. Clark. T. L. Crkelet. C. H. Dearborn,
G. C. Flitt, G. O. Gustin, C. O. Hill, G. F. Kendall, F. H. Kendall, J. R. Logan, I. F.
MuNROE, F. E. Poor, A. L. Taylor, A. D. Whitcomb, U. S. Young.

Security Committee: F. E. Poor, T. L. Greeley, G. F. Kendall.

Regular meetings for receipt of moneys the second Monday of each month.



8TATIMXNT OF CONDITION AT THI CL08K OF THE OCTOBER BUSINSSS. 1919.



AsMta.

Bonds and notes .
Loans on real estate
Loans on shares .
Common form mortgages
Temporary expend account
Insurance paid
War savings stamps
Cash . . . .



$10,800 00

734.800 00

22,915 00

3.200 00

304 76

21 00

100 00

9,146 67



$781,287 48



UabiUtief.
Dues capital
Profits capital



Online LibraryMassachusetts. Dept. of banking and insurance. DivAnnual report of the commissioner of banks ... 1906- → online text (page 36 of 53)