Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 5 · column 3 of 4 · from the scan, no model involved

Amount on hand Dec. 31, 1948 $28,88 1.00 Amount of Assessments, 1949_ 5,325.14 Premiums on new members, 1949 560.57 Interest on Savings _ 578.00
TOTAL -$35,345.71 Balance on hand Dec. 31, 1949..$30,460.37
59.3%