The New Bern Morris Plan Company
Dublin Core
Title
The New Bern Morris Plan Company
Subject
New Bern Morris Plan Company
Financial institutions--North Carolina--New Bern
Description
Annual report of the New Bern Morris Plan Company.
Creator
New Bern Morris Plan Company
Source
New Bern-Craven County Public Library
Publisher
New Bern Morris Plan Company
Date
1917-12-31
Contributor
R.A. Nunn Collection (#3)
Rights
This item is presented courtesy of the New Bern-Craven County Public Library for research and educational purposes. Prior permission from the New Bern-Craven County Public Library is required for any commercial use.
Format
jpg
4 pages
Language
English
Type
Pamphlets
Identifier
MS.3.23
Coverage
New Bern, Craven County, North Carolina
Text Item Type Metadata
Text
[page 1]
The New Bern
Morris Plan Company
Loans Investments
CAPITAL $40,000.00
41 Pollock Street - - - New Bern, N.C.
'Phone 447.
[page 2, not transcribed]
[page 3]
TO OUR STOCKHOLDERS:
Attached hereto is a statement of the condition of the New Bern Morris Plan Company at the close of business December 31, 1917. The growth of our Company during this period has been gratifying and has met the expectation of the Directors. Total loans of $64,641.00 were made and we are now loaning at the rate of something over $7,000.00 monthly.
At the beginning of our year only one-fifth of our capital stock was paid in, the balance being received by 20 per cent instalments at intervals of several months. It was not until December 1st that it was fully paid in. Our expenses during this period of nine months were, of course, running in full, and for some part of this period nearly equalled our income. Now that the full earning power of our entire stock is in effect, the net earnings will be materially increased. The institution is meeting a real need in this and surrounding communities and at the same time promises to earn and pay a good return to its stockholders.
Respectfully submitted,
W. W. GRIFFIN,
President.
[page 4]
OFFICERS:
W.W. GRIFFIN ..... President
DR. F.W. HUGHES ..... Vice-President
JOHN DUNN ..... Secretary-Treasurer
WM. DUNN, Jr. ..... General Counsel
DIRECTORS:
W.F. ABERLY
DR. F. W. HUGHES
JAS. A. BRYAN
FRED A. HULL
WILLIAM DUNN
T. G. HYMAN
W. W. GRIFFIN
C. L. IVES
W. B. R. GUION
O. W. LANE
E. B. HACKBURN
L. I. MOORE
JNO. S. HOLLAND
R. A. NUNN
JNO. DUNN
The New Bern
Morris Plan Company
Loans Investments
CAPITAL $40,000.00
41 Pollock Street - - - New Bern, N.C.
'Phone 447.
[page 2, not transcribed]
[page 3]
TO OUR STOCKHOLDERS:
Attached hereto is a statement of the condition of the New Bern Morris Plan Company at the close of business December 31, 1917. The growth of our Company during this period has been gratifying and has met the expectation of the Directors. Total loans of $64,641.00 were made and we are now loaning at the rate of something over $7,000.00 monthly.
At the beginning of our year only one-fifth of our capital stock was paid in, the balance being received by 20 per cent instalments at intervals of several months. It was not until December 1st that it was fully paid in. Our expenses during this period of nine months were, of course, running in full, and for some part of this period nearly equalled our income. Now that the full earning power of our entire stock is in effect, the net earnings will be materially increased. The institution is meeting a real need in this and surrounding communities and at the same time promises to earn and pay a good return to its stockholders.
Respectfully submitted,
W. W. GRIFFIN,
President.
[page 4]
OFFICERS:
W.W. GRIFFIN ..... President
DR. F.W. HUGHES ..... Vice-President
JOHN DUNN ..... Secretary-Treasurer
WM. DUNN, Jr. ..... General Counsel
DIRECTORS:
W.F. ABERLY
DR. F. W. HUGHES
JAS. A. BRYAN
FRED A. HULL
WILLIAM DUNN
T. G. HYMAN
W. W. GRIFFIN
C. L. IVES
W. B. R. GUION
O. W. LANE
E. B. HACKBURN
L. I. MOORE
JNO. S. HOLLAND
R. A. NUNN
JNO. DUNN
Original Format
Pamphlets
Collection
Citation
New Bern Morris Plan Company, “The New Bern Morris Plan Company,” Craven County Digital History, accessed September 29, 2024, https://kellenberger.mycprl.org/digital/items/show/766.