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Newspaper
Canon City Record
Location
Canon City, Colorado, United States of America
Date
Sep 07, 1905
Page
8
The Ladies Home Journal extols building and loan associations as a safe way for small savers to grow funds. Investors pay monthly into shares that mature at one hundred dollars, with earnings reinvested. The piece notes benefits for home purchase and emphasizes cautious selection of well managed, conservative local associations.
The article explains how share values grow over about six years eight months to reach one hundred dollars, highlighting good interest. It praises building associations for forcing savings and resisting unnecessary spending, notes risks of distant investments, and endorses Fremont Building and Loan in Canon City as safer.
Investors earn about 8 percent on monthly balances as funds are loaned on solid real estate. Canon men contribute over £100 a month with others starting at $3 monthly. New members can join by paying July and August dues. Borrowers find paying off mortgages through the association effective.
Antone Woode, paroled by the Board of Pardons last Friday and freed by Warden Cleghorn, ends a twelve year, four month, and twenty eight day incarceration. Editor Elbert Hubbard plans to employ his mechanical and artistic skills at a Philistine book bindery in East Aurora New York. The case traces to a 1893 vigilante style killing by a 11 year old boy who killed Joseph Smith for a gold watch.
Henri du Bois heirs a Loire region house with a hidden cavity containing valuables. Ghostly footsteps lead to a plaster wall stone, revealing a chest of gold silver and jewels. He relocates to Paris, awaits a rightful heir, then flees to America as officials seek settlement. The tale mixes superstition with a practical treasure find in a 45 year old dwelling.
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