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BULOING 8 LOM S5 WOULD BE A GO0D THIG FOR LASELID (Contributed.) (Continueq from Yesterday.) Indiana State and Loan The Buildin Department of Associations for icere pleasure that we submit our second annual report under the provisions of the new law. The building and loan law is now recognized most important piece of legislation passed at the last session of the Leg- islatyre, generally regarded as the best huilding and loan law in the United States. “Building and loan associations encourage thrift ang economy and promote the ownership of homes. “There is not a foreign building and loan association authorized to do business in this State. Therefore we warn every citizen of Indiana to be- ware of agents and solicitors of al- legeq foreign and loan or building associations. and is home “It is well known to every person who has investigated the subject at close range that co-operative build- ing and savings and loan associa- tions maintain a closer personal re- lationship to their members than other financial institutions. The human factor is everywhere in evi- dence. The member, as a rule, takes a personal interest in his associa- tion; he feels that he is a part of it; he talks about it to his friends and acquaintances with that enthusiasm that is inspired by confidence in its stability. He will tell you about his friend who wag drifting along, imagined he could not save any. money, and the trouble he had in in- ducing him to make a start; another friend has his home paid for now, at little or no more than it would cost him for a package of rent re- ceipts. Thousands of members of as- sociations have had experiences of this kind. “Many directors can give hun- dreds of examples of helping men to hedp themselves from the home-own- ing side alone. A director of an as- THE EVENING TELEGRAM . i B i .,HA . E---H: i . ave 3 st part, wholly | .. |ing, and that one hundreq free-and- |have been, for the most p. | }rh:u' homes stand as a result of it.” |climinated. “There (1910) six 1 ,u-dwl to lead in progres ““'“‘} methods and plans in the active op- | assets of $170,7: fv- loan | leading | are now and thirty-two with comb ' They 1 | The State of Ohio is generally (‘(m»! | veness of | ition of savines and 28, the com-=4eupy a high place in the Dayton, city of financial LAKELAND, FLA., JUNE 13, 1914 | mn- ined Il I O last vear reports them VeV DIOS-|.ith other financial institutions, or verous and doine a great work It | 4 5 further says: “It is with |by themselves is of the greatest the | Q ! {sitnation in the State and must ‘rr'}‘;. |the pace with the celebrated ”“”:"11': koned with when finance is con- |4 ‘:'w:. Plan,”” and twenty companies \n“ S & jassociations. Hence the attitude of |Stdcred. o 5 | the ate toward them, ang its esti- “During the year 1912 six hun- {mate of them, either in comparison value to those considering the organ- ization of one at Lakeland. The Ohio State report on these in- stitutions for the year 1908, has this fety, panics, sta to say concerning their ity, strength to r “Notwithstanding the fact that financial institutions were forceq to adopt various methods of liquidation anq the closing wp of their affairs, not a building and loan association in Ohio was compelleq to close its doors or default in its payments. “This extraordinary test of their strength and stability must give to the public addeq confidence in their condition and management. “The net gain in assets of these sociation in the metropolitan section, to point out one man's work along brotherhood-of-man lines, takes pride in the fact that he has person- ally induced one hundreq men and women to make a start in home-own- | associations for the past year was $6,625,207.15, anq this large gain during a disastrous financia] period, harmful and ruinous to so many, must be accepted as evidence that the confidence in membership and management of associations which advocate and encourage home build- ing and home owning, and whose principles are based on a mutuality of interest, are permanent in char- acter, anq appeal to the confidence of all classes in fair or foul financial weather,” Later Ohio State reports show these associations are forging ahead tremendously both in their financial strength and in public favor, strong- ly corroborating what has been said by secretaries and their booklets, and what has been claimeq as a cer- tainty for the company to be formed here. Incidentally it is reassuring to see that Ohio, though once afflict- ed with bad building associations, there “characterized by abuses of confidence” and “questionable prac- tices indulged in by them,” that “by action of law and with the super- visory powers of this bureau, the so- called national associations are no longer an element of any kind with- in the State, beyond g disagreeable memory, and the abuses which had during the past year many organizec dred and forty-nine |amounted to $205,445,994.59, |in assets over the year 1911 of 011,870.72 and a gain in num rs of 17, and in assets of $34,605,466.68. The the public in the methods and man- agement of the building and loan as- sociations of this State is emphati- cally evidenced by these figures.” This shows that deceiving and de- jfrauding associations have operated in Ohio as here, but that they have been “wholly eliminated from that State, the same that Mr. urges may and should be done here, {in two ye: if not vet by law, “by means of a local, co-operative savings-loan com- pany, handled by ourselves and oth- ers whom you know, and confined to Polk county.” We think he has conclusively proved that he is seeking to estab- lish here just such concerns as are carrying on such a great work in Indiana and Ohio, and which has the unqualified commendation of the State governments, and whose meth- ods and doings we have so fully shown in the Evening Telegram. It must also clearly appear from the foregoing that it is no scheme for private gain, but for the upbuilding and betterment of the town, anq its people and business enterprises of every mnature, anq is eminently en- titled to the moral and financial co- operation of all Lakeland people who love their city, and who can in largce or small measure render this €0-0p- eration. Hence we trust they will make haste to subscribe for the re- maining required $2,200 of pair up stock, and more so that Mr. Wil- lard may give the balance of hi time before leaving to the taking of running stock subscriptions, which he says is what will do more than anything else when it gets into op- perous and useful. It would be a lasting mistake, shame and disgrace cerept in during their exploitntion, do otherwise, (The End.) ociations filed | |reports with this bureau in the man i (ner requred by law. The gross as- = | i 5 919 | & 18ets at the enq cf the year 1912 18,- confidence of & & 0k 05 DS G RO DGO & eration to make the institution pros- | for the ““Town of Better Thines" to | vitalizes, gives you the punch next day. Now is the time and this is the place to buy your PORCH SHADES, HAMMOCKS, SWINGS, ROCKERS and REFRIGERATORS. DON'T WAIT FOR THE SUMMER TO DO IT NOW. PASS, Largest and Most Comp'ete FURNITURE AT Lakeland Furniture and Hardware (i DOTQHUEIODOQHOT O BOFREIEIEDD (o $12.30 Suits Reduced to Suits Reduced to ... Suits Reduced to ... Suits Reduced to Suits Reduced to Suits Reduced to Suits Reduced Suits RL‘(IUCCJ $15.00 $18.00 i TS S4.00 Values now $5.00 Values now ... ..... £6.00 Values now $7.50 Values now ... $8.50 Values now \1l \1l A1l \ll All \ll Lo ) & (ol A i $1.00 Shirts now .. .... $1.50 Shirts now ..... $2.,00 Shirts now ... 82.50 Shirts now ... $3.00 Shirts now LEATHER GOO G greatly Reduced Prices. R MEN'S CLOTHING Our Banner Mo We are determined to make June the bi we are making efforts in this line which offered such price and variety of sele will inducements, and never bef tcion at these special BAN MEN’S WASH PANTS SOk e Summer Air for 2 Summer Glare? : Let Down the Vudors! A r Don’t just exist—LIVE this summer in you'r pqrch and gap “l”'lm,é the health and vitality that fresh, free air will give! Get the il § air—shut out the glare! 3 Vudorize your porch with Vudor Porch Shades. Make it a dining room 0 Feel the appetite the air gives when the glare’s oufside. Make it a b, (B : room and know the deep “one session” sleep the Air brings., It resy U LINE OF HARDWARE AND ' ect! fr. ect MONTH nth for By ggest month in the histor be to your profit, ore have NER y of our business, an Never before have W we offered such ALE PRICES MEN'S FINE PANTS MEN'S SHIRTS All Suits Cases, Hand Bags and Trunks MEN'S FIN ....... $8.98 S1.00 Values, now o High andS EH\E . """ giggs $1.50 Values, now ......... ......81.2 $3.00 S} 4 ; ow Quarters ...... 298 oS 109 HOW ..... $14.95 i . UNDERWEAR $3.50(Shbes nowl, ..... $15.98 _« m-ni\ F;xrmcn: VIR b $4.00 Shoes now ) ..... $1898 S0 cents Garments ...... $20.48 $1.00 (E‘IFI]IL‘HIS PEay EDWIN CLAPP ...... $22.48 S1.50 Garments ... Fine Shoes andOxfords in all Style $2.,00 Garments ... ... $6.50 and $7.00 now é" 00 o .50 ¢ $; D s s 5. \] ee....$3.00 BELTS THE “JUST WRIGHT” SHOE M ..... ..$348 23 cents, now $4.50 V. Al ....... $3.98 50 cents, now ¢l e 3348 \\\ 32 ...... 8198 Mo .‘,,n.\ RIUEE) HOW et 8398 '\ i ....... $5.98 RIBDAOW, b e R Shoes and Oxford in all Leathers \}‘l ;? $2.00 NOW viv vve s BOY'S SHOES '_\1‘ Fy --------- Egé BOY'S WAISTS AND SHIRTS alues, now ....... . $119 All Sy """"" i 4 25 cents Quality ... EE R | 2 , Now .. S A\l 88 """" $1.19 20 cents Quality 39¢ u S 0 CERLBE SN o N R Lot 2 i e S I e ...... gié?} 75 cents Quality .. sinasnsan s AN $3.00 Values, now ... g;é?) 50 322‘ St.00 QU:»H{_\' e R O 79¢ NIGHT SHIRTS AND PAJAMAS : L; DS : NECKWEAR 5 conte L > ¥y In great Profusion and all Reduced in Sroialites Sr.25 Price. $1.20 Valtes fr.go : $2.00 in purchasing opportunity we are offering, 50 cents Values .., $1.00 Valueg | 81.50 Values $2.00 Values .. .50 Values ... .00 Values .., .50 Values ... 00UV IeE 4 L 00 and $7.50 Values 50 and $10.00 Values cents Quality, now ... cents Quality, now . Qulity, now Quali Quality, now Quality, now quality of goods HOSIERY HATS AND CAPS BOY’S PANTS ty, now