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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Progress
Location
Shreveport, Louisiana, United States of America
Date
Jan 01, 1898
Page
18
Louisiana chartered Mutual Benefit Association of Shreveport forms to aid members in buying lands and homes, paying mortgages, with capital stock set at 750000 dollars in 30000 shares, monthly payments 30 cents per share and 60 cent admission fee, loan fund rules, and officer structure for local boards.
The article outlines monthly stock payments to a local treasurer with branch membership, quarterly and annual financial reports to members, reinvestment of borrowing member interest for non borrowing members, delegation of book inspection, home office payments in Shreveport, and officer appointments by branches. It also covers withdrawal rules for deceased members and stock withdrawal timelines.
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