|
OFFICERS Franklin L. Herdeg President George J. Mentley Vice-President Martha L. Hbrdeg Secretary-Treasurer Louis W. Thomas Assistant Treasurer Wilber & Weyand Congdon & Congdon Attorneys |
DIRECTORS Henry C . Allen, M.D. Chester G. Bushnell Nelson W. Cheney Orlin J. Gutekunst Franklin L. Herdeg Martha L. Herdeg Christopher J. Howard Lito W. Law George J. Mentley Ralph N. Schaack Charles E. Sipple Fredric Weyand |
THE savings and loan movement was started in this county 1831, more than a hundred years ago, by a small group of men in the home of Isaac Shallcross in Frankford, near Philadelphia. During the conversation the quesion of saving for home ownership arose and it was apparent that some sort of institution to gather tbese savings and loan them to |
prospective borrowers should be started along the lines of similar institutions in England. Thus started, this great movement of saving by the thrifty to finance home ownership has brought into operation thousands of these organizations with billions of assets and located in nearly every city and town in the country. |
Inside Cover