Excerpt from A Treatise on Co-Operative Savings and Loan Associations: Including Building and Loan Associations Mutual Savings and Loan Associations Accumulating Fund Associations Co-Operative Banks, EtcIn this manner faulty methods were copied and transmitted from one place to another as readily as good ones, and it has often occurred that the organ izers of the new association but imperfectly compre hended the scheme which they were attempting to put into operation, and unwittingly modified it, while in other cases changes were made to secure some benefit to those managing it which the original plan did not contemplate. The legislation in nearly all the States has been crude and general in its provisions, thereby permitting speculative features to be added to the beneficial methods, by visionary men, as well as by those who were seeking solely their own advantage.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.