anaheim-gazette 1926-05-20

EDITORIAL NOTES VALUABLE DOCUMENTS CONGRESSMAN SWING writes from Washington that he has a large number of very interesting farmers' bulletins and other books and pamphlets issued by the Department of Agriculture, copies of which may be had on application to him. These documents contain matters of great interest to farmers and housewives, covering as they do a wide range of interesting subjects. A partial list of these documents is printed on another page of today's issue, and the entire list will continue to appear serially until it is completed. The attention of our readers is directed to it, and we hope the list will be given a careful perusal. They are important and interesting documents, and Congressman Swing will be glad to furnish copies of them on application to him. Mr. Swing has been busily engaged in his efforts to get his bill on the Boulder canyon dam reported out of the House irrigation committee at this session, and is attending to other important items of legislation, but nevertheless has time to consider the farmers and housewives at home, and is giving them a splendid chance to acquire information upon many subjects in which they are vitally interested. These documents are issued under authority of the Department of Agriculture at Washington, and have been prepared in every instance by trained and experienced men and women. We trust our readers will preserve these lists, and will get in touch with Mr. Swing concerning them. He is most anxious to send as many of them to this district as our readers may request. A SIGN OF THE TIMES THE Savings, Loan and Building Association is engaged in the legal formalities incident to increasing its capital stock from $2,000,000 to $4,000,000. The association was formed in 1889, with a capital stock of $500,000. Thirty-one years intervened before it was found necessary to increase its capital stock, and this was done in 1920, when the capital stock was increased to $1,000,000. In marked contrast to the years which had preceded it, its business grew by leaps and bounds until, in 1922, the capital stock was increased to $2,000,000. Now it is found necessary to increase to $4,000,000. This makes of the association one of the largest financial institutions in the southern counties, as it is THE Savings, Loan and Building Association is engaged in the legal formalities incident to increasing its capital stock from $2,000,000 to $4,000,000. The association was formed in 1889, with a capital stock of $500,000. Thirty-one years intervened before it was found necessary to increase its capital stock, and this was done in 1920, when the capital stock was increased to $1,000,000. In marked contrast to the years which had preceded it, its business grew by leaps and bounds until, in 1922, the capital stock was increased to $2,000,000. Now it is found necessary to increase to $4,000,000. This makes of the association one of the largest financial institutions in the southern counties, as it is one of the most sound and conservatively managed. More than $1,250,000 has been loaned on gilt-edged real estate security. Its entire issue of 20,000 shares has been sold to stockholders, and an additional like number are now being issued. This is a record in which its officers and directors may, indeed, take pardonable pride. Secretary Backs declares that a large volume of money is offering for investment, and this is being taken care of from day to day. The new issue of 20,000 shares will be disposed of to new shareholders, and large sums of money will be put into immediate circulation. In the thirty-seven years of its existence the company has heard not one word of criticism of its affairs. It stands today as solid as the rock of Gibralter. Many residences and business buildings in town have been erected with capital obtained from the association, and this amount is constantly increasing. A shareholder erecting his own residence or business block finds many advantages accruing to him. The legal advice and assistance of the association comes to him freely, and when his building is completed there are no legal technicalities besetting him. He moves into his own building, and so long as he meets his monthly payments, there is no danger of anyone stepping in and causing him worry. There can be no landlord appearing to raise his rental or to sell his property and make it necessary for him to move. His house is his own castle and he is the master of its destiny. After meeting his monthly rentals for a series of years, a deed is issued to him for the property, and it belongs to him, absolutely without lien or incumbrance. This beats paying rent forty different ways. A dollar expended for rent never comes rolling back. Money paid into the association on one's own property is money paid on his own account, and when his shares of stock mature, his property stands in his name, clear of indebtedness. The association has been a potent factor in upbuilding this city, and its directors are to be congratulated on this new evidence of its usefulness and prosperity. I don't need my house slippers now, I'm wearing Florsheim! house slippers now, I'm wearing Florsheims Solid Satisfaction When you pick Florsheims it's a case of packing up your shoe troubles in your old kit bag and smile, smile, smile. Talk about satisfaction! There's a million dollars worth in every pair. They look and feel it. They're the most reasonably-priced shoe you can buy. Let your next pair be Florsheima. "BY ALL MEANS GET A FIT" F. A. YUNGBLUTH Home of Hart Schaffner and Marx ANAHEIM CALIFORNIA Wear Florsheim Shoes on All Occasions OBSERVATIONS BY A CONTRIBUTOR TWO'S COMPANY, THREE'S A PARTY A WOMAN in a nearby town sued her man for a divorce when she found out he had acquired the habit of buying "joolry" for another lady. It all leaked out when a first-of-the-month agent called at her home and presented a demand for $50 for a present hubby had given Priscilla. Friend husband evidently is not a bootlegger, for he had the necklace "charged," and the bill collector spilled the beads. AND THEY GO TO AFRICA FOR IVORY! A MOVIE STAR, who had been ordered to pay his divorced mate $1000 back alimony, was hailed into court and cited to show cause why he should not be jailed for failure to do as ordered. He unhinged something like this: "Your Honor, I only had $2000, and I had to buy a new car and pay my own keep, and I won't be able to pay the wife for another week. I have not been working regular, but I've been promised a job in the next few days, and I sure will come through." He was given another week in which to pay ma the money. CALL OF THE WILD FOUR women were trampled to death in a bargain-day rush in an eastern city the other day. A dry goods store advertised a dollar sale. The scramble of the fair sex was so fierce that the policeman on the beat sent in a riot call. Incidentally, it shows that it pays to advertise. LIKE THE END OF THE RAINBOW IT IS said a 4-year-old Japanese boy can read the Constitution of the United States from beginning to end. Now a wealthy resident of an up-state city is going to pass out crisp one dollar bills to all comers who can correctly answer questions concerning civic matters, such as where is the postoffice located, who is the mayor of the city, where certain streets are, and what time the next train goes out, and other questions that sometimes baffle the intellect of the oldest inhabitant. As a result, everybody is posting himself to get in on the money. Later, this novel idea may take in questions as to how old is Bill's wife, does Sam's helpmate snore, or what is LIKE THE END OF THE RAINBOW IT IS said a 4-year-old Japanese boy can read the Constitution of the United States from beginning to end. Now a wealthy resident of an up-state city is going to pass out crisp one dollar bills to all comers who can correctly answer questions concerning civic matters, such as where is the postoffice located, who is the mayor of the city, where certain streets are, and what time the next train goes out, and other questions that sometimes baffle the intellect of the oldest inhabitant. As a result, everybody is posting himself to get in on the money. Later, this novel idea may take in questions as to how old is Bill's wife, does Sam's helpmate snore, has your neighbor made the final payment on his car, or what is the name of your private bootlegger? This is getting to be the jazz age, sure enough. THE JINGLE IN THEIR JEANS ONE HUNDRED PER CENT increase in summer tourists for Southern California this year is the prediction of the president and publisher of a state official guide book. It is said the former record was about 40,000, established in 1923, but the next eight months of 1926 will bring around 75,000 visitors to the Southland. Intensive advertising in newspapers from coast to coast has been placed, and prospective visitors or settlers have been asked to write for detailed information. Here are some of the inquiries: "I have $100,000 and want to buy a ranch near Los Angeles." "I want to buy several apartment buildings or rooming houses." "I want five acres to raise chickens on." "There are sixteen of us coming out. We want eight apartments." "What is the future of beach property?" The jingle of hard cash echoed through nearly every answer. Substantial people with bank accounts looking for a better place to live. Like the people who built the Southland. TO ALL FRIENDS IN ORANGE COUNTY GREETINGS WE, THE CITIZENS OF ORANGE COUNTY HARBOR DISTRICT, WISH TO EXTEND TO YOU A MOST HEARTY Invitation TO VISIT Newport Bay AND BE OUR GUEST ON A Free Boat Ride THIRTY-SEVEN Savings, Loan Of Assets Loans on Real Estate Loans on Shares Shares Due Interest Due Fines Due Furniture and Fixtures Advances (secured) ledger accrual Cash on hand Liabiliti Shares, Installment Shares, Dividends Advance Shares Advance Interest Loans, Incomplete Investment Certificates and Payable Reserve and Undivided Profits STATE OF CALIFORNIA, COUNTY OF ORANGE, We solemnly swear that the moment from the books; that all mankind true, and that the asset values, upon are correctly stated, to the best of our knowledge. Subscribed and sworn to before 19th day of May, 1926. LEONARD EVANS. Notary Public. Established 1889 TO VISIT Newport Bay AND BE OUR GUEST ON A Free Boat Ride OVER ORANGE COUNTY HARBOR STARTING ON MAY 24th AND DAILY THEREAFTER (EXCEPT SUNDAYS) UNTIL JUNE 9th The Boat “BALBOA” will make trips over Newport Bay in order that citizens of Orange County may see for themselves the great natural advantages of this location as a Harbor for all Trip lasts about one hour. Start from Balboa Pavilion at 1, 2:30 and 4 o’clock P. M. There Is No Expense To You Come and See—Ask Questions Fill in and present this Coupon to the party in charge of the Boat Name .... Address .... Established 1889 The item “Investment Company to us by investors. This month vestors may withdraw this m left with us it forms a part of our funds for speculative en vault. WE Payable quarterly. Money is left with us. INVEST Let us tell you about the amount each month in shares We have just closed series No $66.00. This gain represents BORROW The Savings, Loan and in Anaheim since 1889—over A company that has made now loaning money to the se Our loans are paid back gets you out of debt. Borrow from us for build sands of customers to know The Savings, Loan and composed of Anaheim people or more. You will find it to your a loaned many thousands of do Money loaned on homes TRADING EXTENSION The people living on the other side of the Pacific ocean want American products and the manufacturers of Los Angeles are the logical ones to supply their wants, in the opinion of J. F. Kiefaber, president of the Buttress Manufacturing Company, who has made a special study of conditions among the English-speaking peoples living on islands in the Pacific. "Wherever English is spoken," said Mr. Kiefaber yesterday, "the people look to the United States for leadership. This is especially true with respect to building materials. Los Angeles manufacturers are in a better position to take advantage of this situation than most manufacturers because it is recognized all over the world that the building industry is an important one in Los Angeles. Home-building receives more attention in this city than anywhere else in the world, and it is therefore natural that Los Angeles products that go into home-building are superior." "We have found that our products are eagerly welcomed in the Hawaiian and Philippine islands and also among Australians and New Zealanders. Our representative in New Zealand has given us a standing order for 100,000 feet of wallboard a month and we also receive large orders for plaster lath." Although our export business is naturally a very small percentage of our total volume, it is very considerable in a year's time. The possibilities of exporting to the Orient and to the English-speaking communities of the Pacific are important for practically every manufacturer in Los Angeles." Sheldon Littlefield came in from Fellows, Kern county, and spent several days with relatives in town this week. He has been engaged in the oil fields of Kern county for several years, and is now giving his attention to clerical work. He returned north, last evening. SENIOR ADDRESS Carl S. Knopf, A.M.B.D., formerly professor of philosophy at the Fullerton Junior college, but now assistant professor of Biblical literature at the University of Southern California, has been chosen by the graduating class of the Anaheim Union high school to address them at their baccalaureate exercises to be held Sunday, June 6. Commencement exercises for the class are to be held on Thursday evening, June 10, the last day of the present school term. Dr. Walter F. Dexter, president of Whittier college, has been secured to make the principal address of the evening. The junior-senior reception is to be held on Monday evening, June 7, and elaborate preparations are being made by both classes for this event. DEATH OF MRS. STECKERT Mrs. Pauline Steckert, 78, a resident of this city for the past 41 years, died early Tuesday morning at the home of her daughter, Miss Offillie Steckert, corner of Cypress and Emily streets. Deceased was a native of Germany, born June 8, 1848. Besides her daughter, she is survived by one brother, Hugo Meissner of Evanston, Ill. She had been residing at the home of her daughter for some time previous to her death. Funeral services were held Thursday afternoon, at 3 o'clock, from the Backs Terry and Campbell funeral chapel. The Rev. Thomas H. Walker, pastor of the Presbyterian church, officiated, and burial was made in the family lot in the Anaheim cemetery, beside the body of her husband. Over in India it is against the law for a widow to remarry. This probably induces the ladies to take mighty good care of their husbands. THIRTY-SEVENTH ANUAL STATEMENT Of the Bings, Loan and Building Association Of Anaheim, California April 30, 1926 Assets Real Estate $1,284,300.00 Shares 22,298.00 Due 3,805.00 Due 4,805.55 Due 391.40 Fixtures 1,000.00 Secured ledger accounts 1,213.25 Hand 61,559.78 $1,379,372.98 Liabilities Installment $438,246.00 Dividends 108,077.65 Shares 338.25 Interest 237.40 Incomplete 15,222.94 Certificates and Bills Table 788,020.00 Undivided Profits 29,230.74 $1,379,372.98 Story of Growth As shown by our Resources April 30, 1920 $209,405.75 April 30, 1921 376,260.16 April 30, 1922 473,777.72 April 30, 1923 730,384.57 April 30, 1924 941,404.64 April 30, 1925 1,126,633.25 April 30, 1926 1,379,372.98 Certificates We Pay 6 Per Cent Interest, Payable Quarterly on Term Certificates Call or Write 116 South Los Angeles Street Phone 705 Established 1889 OFFICERS and DIRECTORS C. F. Grim President H. H. Benjamin Vice-President Fred A. Backs Secretary Elmer E. Brus Asst. Secretary Leonard Evans Attorney First National Bank-Depository H. M. Adams, J. F. Ahlborn, August Backs, H. A. Dickel, Herman Stern, William Wallop, A. E. Schumacher OFFICE, BANK BUILDING 116 S. LOS ANGELES ST. PHONE 705 ANAHEIM Published 1889 Assets Over $1,250,000 AN ANALYSIS Published 1889 Assets Over $1,250,000 AN ANALYSIS The item "Investment Certificates," indicates the amount that has been entrusted by investors. This money returns to them a definite rate of income. Our in-money may withdraw this money at any time, ordinarily, without notice, but while it is with us it forms a part of the item "Loans on Real Estate." We do not use any funds for speculative enterprises—so money left with us is as safe as money in a WE PAY 6 PER CENT quarterly. Money is received at any time and draws interest from the day it is with us. INVEST IN A HOME COMPANY We tell you about the advantages of investing regularly and consistently a small amount each month in shares of the Savings, Loan and Building Association of Anaheim. We just closed series No. 27, which returned a gain of $37.33 on the investment of this gain represents 8 per cent compounded annually on the annual saving. BORROW FROM A HOME COMPANY The Savings, Loan and Building Association of Anaheim—a company that has been in Anaheim since 1889—over 37 years. The company that has made thousands of loans since beginning business, and that is financing money to the second and third generations. Our loans are paid back in monthly installments—easy to pay. This kind of loan you out of debt. We borrow from us for building or paying for your home. Refer to any of our thousand customers to know how satisfactory our loans are. The Savings, Loan and Building Association of Anaheim is an Anaheim concern, led by Anaheim people. Most of the Board of Directors have served ten years. You will find it to your advantage to do business with this home company, who have many thousands of dollars. Money loaned on homes for any legitimate purpose.