Annual report of the Bank Commissioner for the year .. . ng fixed by the by-laws ..... Second Monday in November. Dates of Examination, October 29-31 inclusive. 342 REPORT OF THE [Pub. Doc. INDUSTRIAL CREDIT UNION, BOSTON. 264 BOYLSTON STREET. Incorporated November 23, 1910. Began business December 7, 1910. Caroline L. Humphrey, President. Charlotte A. Perkins, Treasurer. Charlotte A. Perkins, Clerk of Corporation. Board of Directors: Marie B. Griggs, Caroline L. Humphrey, Charlotte L. Perkins, AugustineL. Rafter, Charles F. Rowley, Mabel W. Whidden, Renton Whidden. Credit Committee: Mabel F.


Annual report of the Bank Commissioner for the year .. . ng fixed by the by-laws ..... Second Monday in November. Dates of Examination, October 29-31 inclusive. 342 REPORT OF THE [Pub. Doc. INDUSTRIAL CREDIT UNION, BOSTON. 264 BOYLSTON STREET. Incorporated November 23, 1910. Began business December 7, 1910. Caroline L. Humphrey, President. Charlotte A. Perkins, Treasurer. Charlotte A. Perkins, Clerk of Corporation. Board of Directors: Marie B. Griggs, Caroline L. Humphrey, Charlotte L. Perkins, AugustineL. Rafter, Charles F. Rowley, Mabel W. Whidden, Renton Whidden. Credit Committee: Mabel F. Champlin, Florence R. King, W. H. Galvin, G. W. Ransom, AnmaF. Waterbury. Supervisory Committee: W. A. Hawkins, Helen Peirce, Daisy B. Treen. BALANCE SHEET, OCTOBER 31, 1918. Loans Expense account Cash Securities owned Interest on deposits Suspense account $14,730 38 654 19 2,205 33 10,058 17 28 31 7 46 Liabilities Sliares Deposits Publicity fund Guarantee fimd . Dividends payable Earnings . Surplus Interest paid in advance Interest accrued on deposits. $27,683 84 Receipts and Disbursements during the Year ending October 31, 1918. Receipts. Deposits Repaid loans Entrance fees Earnings (net) Accrued interest on securities (net) Cash on hand Oct. 31, 1917 $7,288 10 818 47 22,514 71 50 50 2,017 72 16 66 2,810 43 $35,516 59 ....Deposits ....Loans .... Expenses (net) .Interest paid in advance (net)Securities ....Surplus ....Interest on deposits (net)MiscellaneousCash on hand Oct. 31, 1918 $6,426 29 829 21 22,014 37 654 19 349 41 2,074 59 926 42 28 31 8 47 2,205 33 $35,516 69 Miscellaneous. Maximum number of shares which may be held by any one member . amount of deposits which any one member may make . $ amount which may be loaned to any one member . $300. Maximum rate of interest which may be charged for loans . 12%. Amount of entrance fee, fixed by the by-laws 50 cents. What fine is charged upon payments in arrears . . .2 cents on each dol


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