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 3 · column 2 of 4 · from the scan, no model involved

Am t oi Assets Dec. Annual Assessmtnt .. New Business_ Interest on Savings . TOTAL 91, 1951 $39,344.31 8,173.63 327.81 810.00 $48,655.75
72.5%