Commonwealth of Massachusetts. OFFICE OF THE COMMISSIONERS OF SAVINGS BANKS, To the Honorable the Senate and House of Representatives in General Court assembled. The Board of Commissioners of Savings Banks, in accordance with provisions of law, have the honor to present their thirteenth annual report, relating to the condition of the SAVINGS BANKS AND INSTITUTIONS FOR SAVINGS, SAFE DEPOSIT AND TRUST COMPANIES, CO-OPERATIVE BANKS, LOAN COMPANIES, and MORTGAGE LOAN AND INVESTMENT COMPANIES, as shown by the respective statements appended. SAVINGS BANKS. The total number of savings banks and institutions for savings is 176, an increase of three during the year, as follows: The Whitman Savings Bank, commenced business April 2. The Security Savings Bank, at West Boylston, commenced business July 1. The Ludlow Savings Bank, commenced business August 1. In all of these, the amount of wisdom of granting the charters. deposits fully justifies the At Whitman the deposits |