Report on Building and Loan Associations
State, Michigan Department Of![Report on Building and Loan Associations](https://support.digitalhusky.com/media/annotations/sorted/296/29635753/CHSBZCOP0329635753.jpg)
Excerpt from Report on Building and Loan Associations: For the Fiscal Year Ending June 30, 1902The cash on hand has very slightly increased. But as compared with gross assets it has decreased, showing that the capital of the associations is well employed. In the main, the cash on hand is not more than good business prudence requires.The item of dues received shows an increase of over the amount of dues received during the preceding year, while...