Excerpt from A Treatise on Building Associations: Adapted to the Use of Lawyers and Officers; With Complete Set of Forms
Some years' connection with building associations, in different capacities, has given me an Opportunity to observe their practical workings. Suggestions of remedies for their needs, are, therefore, the outgrowth of these observations.
No attempt has been made to give tables for apportioning or declaring dividends. It is mathematics, as in any other calculation, and while there have been many ingenious labor saving tables invented, there is no unanimity as to their perfect accuracy. Each secretary, generally, has his own method, borrowing some, perhaps, from other systems and adding his own notions, and the variation in the results obtained is but slight. The forms have been prepared after examining those in use in the different states. I desire to acknowledge' the kindly assistance of Mr. Charles E. Holloway, of Indianapolis, in securing those forms.
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