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HIGH POINT, N. C., August, 3rd. 1906.

For value received we hereby assign to First Series
MECHANICS' PERPETUAL BUILDING AND LOAN ASSOCIATION, of HIGH POINT, N. C.
Seven shares of the stock therein as collateral security for a loan of
($700.00) Seven Hundred and 00/100
Dollars, and upon default in repayment of said loan, interest and costs thereon, at maturity, or at the
time of its falling due, in case bond on reverse side hereof should come due by failing to perform the
conditions therein expressed, do hereby authorize the said Association, by its Secretary and Treasurer,
to sell said stock at public or private sale at discretion, without advertisement or notice.

Witness our hands and seals this the 3rd day of August 1906
J. E. Monsees (SEAL)
C. E. Monsees (SEAL)

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