Financial

related books by Stanley Meisler:

Middletown Federal Has Crowded Many Changes Into Its 85 Years

Middletown Federal Has Crowded Many Changes Into Its 85 Years

Middletown Federal Has Crowded Many Changes Into Its 85 Years

Middletown Federal Has Crowded Many Changes Into Its 85 Years

Middletown Federal Has Crowded Many Changes Into Its 85 Years

Middletown Federal Has Crowded Many Changes Into Its 85 Years

May 10, 1953
May 1953
Book Review

No More 25-Cent Fines - The Middletown Federal Savings and Loan Association was 85 years old yesterday, and since that day in May, 1868, when William Sebald, grandfather of the 1953 president, G.W.A. Wilmer, headed the list of charter signers there have been lots and lots of changes. For one thing, the company, which is the oldest continuing loan and building association in Ohio, deals in sums of money that make the original investments look rather dwarfed. Total assets for 1952 were listed as close to $14 million dollars. In the early days of the company, the 144 original stock holders were not permitted to own more than ten $200 shares. In addition, the early constitution provided for such money collecting devices as a 25 cents a week dues charge, a fine of five cents for dues that came in a week late, a fine of 50 cents for refusing to assume office when so elected by fellow members, a fine of ten cents for not attending meetings and a similar ten-cent charge for not obeying the rules of the group...