Herald it Lantern 18 January '84

business

29

Property Transfers

The following property transfers were recorded recently in Cape May County Court House: H North Wildwood, law Delaware Ave. (nun Mr and Mrs Timothy P. Magnavita to Mr and Mrs John F. Finnegan for SZ2.000 Cape May Point. «M Lincoln Ave (ram Margaret C Rytterlord to Anne F. Thor.mrtoc.lor S100,000 Upper Township, Narrows Road, (rotr, Mr and Mrs Frank Germanio Ko Mr,and Mrs J. Robert Camburs (or. Cl .000 Middle Township. W.' Atlantic Avenue Cape May Coart Hoase (ram -Mr and Mrs Alan E Sutton to Eileen Ramspacher (or MS,000 Sea Isle Cttj, a condamumne a; Townsends Coodomiinums. «5th and Pleasure Avenue, (ram Vincent J Arcbetto.- Rusbtoo H. Rldgway, RicbardM MUstead and Anthony C Daw to to Mr and Mrs Robert H ' Frits (or SM.0M Sea IMe City, a rondomiwinn at Carmen Anns (ram Silverman propertim. Inc; to Sherry) L. Leasure for $57,500 • Ocean City, Central Avenue (mm Mr and Mrs Lewis H WUJansao to Mr and Mrs Rnmo Riccnhono (or • $32,500 Ocean City. Central Avenue (ram Mr and Mrs Charles ) Reilly to Neil F Bryers (or $56,000 - Upper Township. Willetts Road from Mr «nd Mrs Robert A . Lohasdo toOCH Compulax. Inc. (or $85,500 - Middle Township, Pershing' Avenue'(ram Brian M Flynn to* Mark A Demo and Joame Jantor (or $44,000 West Cape May. 6th Avenue (ram Mr and Mrs Robert E Hedley Sr to George A Carbon Jr and Susan H Filomio (or $52,000 Loder Township. $02 PactfR Ave.. (ram Mr and Mrs James J •An draws to Fawn Ann Margin indi vidually and at trustee (or April Fawn Morgan (or $45,000 Middle Toratnp. Rio Grande (ram Manan R Garretam tn Harry Satt.(or CO.OOO Detmis Township, 2 Petersburg Rd . (ram Matilda E Fisber and Dolores Bower to Mr and Mrs James S Dougherty HI (or $40,000 Upper Township. New Rood (ram Anne D Azeez. trustee (or Michael B. Linda C. Susan C and Cynthia Arem to McCaffrey and Rice Real ty. Inc (or«2.000 North Wildwood. 215 Surf Ave (ram Joseph Giulii to Frank Coodello for $150,000 . Cape. May . a condominium at Lafayette Condominium (ram BAA Cape Inc to Mr and Mrs Vincent W Haymet and Nancy Schweiker r or $130,000

BUSINESS DIRECTORY AUTOOCALERS

Avalon. Ocean Drive, (ram 1 Kerr Custom Builders, Inc. to Thomas and Adeie Vltumc and — Willi*m and Judith Celik for Avenue. Cape May Cowt House $■0,080 (ram Mr.. and Mrs.' Raymond Denmt Township. Rt «. derma* Stocker to Mr. and Mrs: Hkraid J. (ram Mr and Mrs John W Holland Hearan (or $11,500

) -Mr and Mrs Clifford (or $57,000 Middle TownaMp. 3rd Avenue (ram Mr gnd Mrs-Stella to Jena M >

I* Quell Drive. k Corp to Mr Faraath lor $32 Ocean Oty. $231 Sunpam Ave.. from Mr aad Mrs RkfcaM r Schmidt to Mr aad lira. Joatic H

QlTiMOcaaa Ave (ram JEM Place 'Deveiopme*. lac. to EAntnd M Dam tor $135,000 North Wildwood. 741 Oak Ave from Will Morey Deveiopme* -Co. Inc to Mr aad Mrs Robmt G

BURKE ^ 6100 PAW III VP WllOHrOOC

8 & - 3 GREAT CARS

iALES-SERVICE-PARTS 522-1475

Dfatet CLEANERS A LAUNDERERS Even TALomac «ai SUEDE & LEATHER CARE —ucmuc— FIXTURES

Fraafciia Etaetrie Ligbtiag C^atar Residemial Commerdal Lighting Con$uhants Lighting Showroom ’ CompteteLm Eiacthc Supples I22-T7S8 Spicer Ave. 6 N J. Ave. Wildwood

It’s great to be Over lOO when you’re only 60 years ojd. ' ■* __________________________ In 1983 Cape May County Savings & Loan’s assets passed the $108,000,000.00 mark, just 60 years after it began serving the people of Cape May County. This leadership landmark is topped off with the 60th birthday present of the association's new headquarters office in Cape May Court House end symbolizes 60 years of trust. 60 years of helping county residents turn dreams into reality. We’re proud of the role we’ve played in Cape May County’s development since 1923. Prouder still to continue serving you with reliable financial ^advice and the expanded services you need

60th ANNUAL REPORT CAPE MAY COUNTY SAVINGS AND LOAN ASSOCIATION

YEAR ENDING - DECEMBER 31. ^83

COMPARATIVE STATEMENT OF CONDITION

ASSETS

1982

1983

Mortgqge Loans

. V .$75,372,961.16

$ 89,201,913.66

'' FHA Mortgages

’. . • 1.156,448 39

1,105,758.75

Property Improvement Loans . -.

. . . . ; 449.685.46

809,188.38

Educational loans

' 62.521.94

166,807.49

Account'loans. .

1,021,418.55

963,430.37

■ Real Estate Owned ..........

. - 129,347.96

153,967.01

- Stock in Federal Home Loan Bank

720,500.00

737,300 00

Cash on Hand and in Banks

. 1,149,004.85

. , 1,294,870.32

Investments - Other . . *

10,500,293.75

10,590,755.35

Office Buildings (Less Depreciation)

2.337.594.71

-7 ^ 3.535.629.55

Fumituiei Fixtures. Etc (Less Depreciation)

160:878 03

185,272.39

Prepayment Secondary Reserve FS.L.I C

56,484. £8

' - 60,881.25

Other Assets

' . V • 119.142 12

. , 179,733.46

' • $93,236,281.50

$108,985,507.98

’’ - LIABILITIES

Members' Savings and Investment Accounts $87,182,555.56

$100,622,907.24

Borrowed Money ... . ,

None

None ,

loans in Process ............ r

365,537.00

2,037,802.00

Other Liabilities ."... . .'.

511,860.00

509,187.76

Deferred Credits

37,821.71

42,218.'38

Reserves and Undivided Profits

5,138,507.23

5,773.392:60

$93,236,281.50

$108,985,507.98

Board of Directors

George M. James — Chairman

* /

Calvin J. Back ’ ^ ^.Davtd C Ingersoll, Jr.

Etvm D Bailey Gregory C Mason

.

J. Douglas Corson , Philip A. Shields

Robert F. Garrett. Ill Frank W. Strohm

Louis H. Griesbach, Jr. Gordon M. Thomson

IK

' ' j

Herbert L. Hornsby, Jr.

^m LILJI v

■fll H ,

Main Office , 225 North Main Street Cope May Court House NJ. 08210

Branch Offices 217 Jocfc$on Street. Cape May. NJ 08204 3301 Attanhc Avenue Wildwood. NJ. 08260 • 1899 Bayshore Rood. VBa$, NJ. 06251 40 South Shore Rood. Mdmxxcf. NJ 06223 301 Asbury Avenue Ocean City. NJ. 08226

LENDER

jCape May County Savings & Loan Association I