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 2 · column 1 of 3 · from the scan, no model involved

Statement of Condition of the
Rappahannock Home Mutual Fire Insurance Co. At the Close of Business December 31, 1964
79.4%