Saturday, June 28, 2008

Prosperous Loan Association

New York, 1895

The annual meeting of the United States building and loan association was held in New York on Monday and a board of officers elected. The Jamaica branch was represented by John B. Fosdick, James P. Clark, John J. Fitzgerald and William Gregory. The reports for the fiscal year gave great satisfaction, showing a net gain of over fifty per cent in the assets of the bank. The Jamaica branch was organized on the 27th of August, 1894, with 410 paid up shares. It now stands 2,500 paid up shares. John J. Fitzgerald is the local secretary and treasurer, and members of the branch are working to making it the most successful in Queens county.

—The Long Island Farmer, Jamaica, NY, April 12, 1895, p. 8.

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