New Britain Herald Newspaper, June 29, 1925, Page 5

NEW BRITAIN DAILY HERALD, MONDAY, JUNE 29, 1925. |io July 1st We Will Be Located in Qur Larger Offices at 140 Main Street, Hallinan Building TheF idelityFinance Corporatlon GENERAL MORTGAGE AUTOMOBILE INDUSTRIAL § #" INSURANCE LOANS FINANCING LOANS . - 1; The Fidelity Finance Corporation ' STATEMENT OF INCOME AND EXPENSES for the Period March 1, 1925 to May 29, 1925 GROSS INCOME Insurance Department Mortgage Loan Department Automobile Finance Department Industrial Loan Department DISBURSEMENTS: Interest on Bank Loans Operating Expenses - Total Disbursements 3,362.27 Net Profit for March, April, May, 1925 $2,882.63 Dividends on Preferred Shares, Paid 6-15-25 928.00 (Rate 8% Per Annum) Net Profit Earned for Common Shareholders | $1,954.63 Dividends on Common Shares, Paid 6-15-25 131.70 (Rate 8% Per Annum) Added to Surplus $1,216.93 These earnings are at the rate of 21.2% per annum on the Common Stock Preferred Stock—Paid In 46,400.00 Common Stock—Paid In 36,885.00 6,615.91 The above does not include subscriptions to canital stock to the amount of $,894.62 purchased on the partial payment plan, and due before December 31, 1925. TOTAL RESOURCES §126,401.30 I have audited the books and records of The Fidelity Finance Corporatlon and certify that, to the best of my knowledge and belief, the foregoing statement is true and correct. Respectfully submitted, M. E. LERNER, Certified Public Accountant 750 Main Street, Hartford, Connecticut — o . T . e R 3 e =