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WEST LONDON AND PROVINCIAL PERMANENT BUILDING SOGIETF.Shares £50 Entrance 2/ Subscription 5/ per month.Chairman—James Coxeteb, Esq.; 4, The Grove,Highgate-road.Treasurer—W. Wade, Esq., 76, Iiigh-streefc,Camden-town.MOST SUCCESSFUL PROGRESS.At the first Annual Meeting, the Directors reported that 4,348 shares had been issued: That the gross receipts for the year amounted to £65,502 2s 9d: That £43,087 10s had been advanced on Mortgage: That the shares when paid would represent a capital of £173,500: That no unfinished property had been accepted, nor speculative buildings or undertakings encouraged: That no preference or paid-up shares had heed issued to the prejudice of subscribing shares That 5 per cent, had been added to the investment: shares, and a balance of profit realized after every contingency had been provided for, of £1,504 Is lid available for future bonuses: That the accounts had bsen audited by efficient auditors, and re-examined and approved by one of the most eminent and independent Actuaries in London. These great results have been secured by a Board of practical gentlemen, many of whem have been nearly thirty years engaged in the conduct of Building Societies which had beenpre-eminently successful. The Directors having unlimited funds at command are prepared to make aivances upon approved security, without premium, at fixed and moderate rates. Prospectuses and forms of proposal for mortgage may be had on application.J. Holcombe, Manager.Office—46, Bedford Row, W.C.
Newspaper Details
London St Pancras and Holborn Journal
London, Middlesex, GB
Sat, Aug 03, 1872
Page 2
Full Page
Clipped by
Anonymous
GB 23 Jun 2023
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