Illinois News Index

Wilmette Life (Wilmette, Illinois), 21 Jan 1937, p. 24

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W75v is bye Govemmeo lunt Scre d Aec -_ýYou neyer knew it, was so, easy to own a home,- worry-free. -You write you r own. ticket. And there wl Se, no delay or red.tape in obtaining.,the mtonelyyou.,need. -Lt is NOT too0 good to be truc. First Fed- eral Loans are chartered and sponsorted by the United States, Govern ment. -And they are administered locally under the supervision of your friends and neigh- bors ... vo 1ur own community's business. leaders. -Sound management. government supervi-7 sion and friendhj transactions- finance ....r........ Ternforary Joans to,:sharehoidérs, secured by csign ,nlen t of shares, which nav,, eot exceed -75% of.the -amsolnt 0f the shareholdWr' accoun.t. Stok la Faderai Homé Losu. Bank of Chicago Thi'S resrr'e banking sestent isnakes: .sich longe and short term credit ,avoablle fo te Associa- toasfsbusinjess requjires M, accordanice iwith th povsinso!the PederalfHonte I.oan Bank Act. latereut RfŽCeivible ...... ... This itepi represents interesi on inortgae Mans ond share bans earned lnit viot collCtCile until Januarv. 1937. Cash This includes $25.00 ?vi is i,,ket i oflc.ea a pctty Cash fund.. Deferred Charges . ... Surcv bnd pemiinsPaid ini ad*anicc.. Accrued Div;dends Receivable (Dv4esids arkie4 on b'Wcrl Home Loan Rank Stock payable in janifary.) LIABILITIES SharehoW&rs' latereit .... This re/'resents (lhe savinqs anid i)lzestllents, iniclidipiq eqcrings crcdited to the accoints of ,?(0 sharcholders who conistitute the Associa- tiOýl. Mortgage Loans in Prccess....... The A4.sciatiopi has made lans to buid. te- -You set aside month. ai. what you can afford each ho1dc'rs Javuary 1, 1937. Advance 'From FederaI Home Loan Bank Tite Associationi has a inie of credit zcith. th is *reser-ve inistitiutioni of 35% of ifs assets, this fueid bei;iq avaibable to the Associationi on a tent IvCLar or shorfer tenu ibasis for the ordinariv bu4siness nieeds of- the A-ssociationi. This adranccè is sccurrd ini accordanice withtl the tereiis of flhe .Pederal HHaîne Loan J3aeik Act as auinded. Accrued SIv'r. Insurance Premihum . . . (Propi-,rtionaàte part o n.i imnw a 'to Pad the~ TOTAL $435835 J. WILMETTE LIFE 1,099M 3,S00.W 298.28 34,723.10 30.S4 62.84 $31i»2.89 $2435ý1020 .$ 15,625.25 4,213.17 386A2.fl 55.60

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