Report Volume 18, PT. 1890

Report Volume 18, PT. 1890

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1891 edition. Excerpt: ...feature, the only difliculty being that applications for loans are largely in excess of the ability of the bank to meet. The savings fund and building feature were established on August 1st, 1882, and since that time depositshave reached the sum of $1,237,336.79, all of which, with the exception of that withdrawn and what is regarded as a prudent balance to meet the demands of depositors, has been invested in securing homes for employes. The amount loaned to employes has been expended in the erection of 379 new houses; buying 365 houses already built; improving 87 houses owned by employes, and releasing liens on the-homes of 201 others. REGULATIONS. General. 1. A Department of the Company's service is hereby established, to be known as the "Relief Department. " Whenever the following words and titles occur in these Regulations they will, unless otherwise specified, haire the meaning herein defined: "Company" will mean the Baltimore & Ohio Railroad Company. "Department" will mean Relief Department. "Committee" will mean the Committee of the President and Directors of the Company " on the Relief Department." "Superintendent" will mean the Superintendent of the Relief Department. "Service" will mean employment by the Baltimore & Ohio Railroad Company or other corporation whose employes may participate in the privileges of the Relief Department. 2. The Company assumes general charge of the Department; furnishes, oflice-room and furniture; gives the services of its officers and employes and the use of its facilities; becomes the custodian of its funds with full responsibility therefor, and guarantees the true and faithful...
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Product details

  • Paperback | 100 pages
  • 189 x 246 x 5mm | 195g
  • United States
  • English
  • black & white illustrations
  • 1236794397
  • 9781236794390