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

LIBERTY SAVINGS BANK Class A Guarantee Common Stock
Price $16.00 Per Share Copies of the Offering Circular and the supplement thereto may be obtained at the main office of Liberty Savings Bank Or by calling toll Free at (800) 572-1776
95.5%