Word: charly
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Dates: during 1940-1949
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...church. The photographers poised their flashlight bulbs. The parson's wife stepped to an oil lamp and held the mortgage contract over the chimney. In less than a minute, one of the tidiest church mortgages in the country (from a banker's viewpoint) was a crisp char of expensive ashes. The First Congregational Church of Los Angeles was free of debt, and the banks and other mortgagors owned $750,000 less of the more than $500,000,000 they now hold in U.S. church mortgages...