The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-07-12


AH Kinds Of Summer Cl0thtQ at Incredibly EoiO prices
THE WASHINGTON LIBRARY COMPANY gains
credit and support every day. The sales Of
stock surpass all expectation, and the prospect
is that the funds for the noble object will be
secured even in advance of the time anticipated.
The reason is obvious. The design Is worthy,
and creditable to the patriotic hearts who are
laboring to reward q too much neglected class
The funds go into responsible hands, and the
public have no fears that they will be misdi-
rected. The plan adopted satisfies the scruples
OF the most conscientious, for it meets all the
requirements of carefully worded law, and has
the endorsement OF eminent legal authority in
such matters. It is by Its distinctive features
entirely removed from the taint of catchpenny
schemes which have so often been the means Of
imposing on the public 1t gives to purchasers
of its stock full equivalent for the considera-
ton paid. All its transactions are open and
above board. 1t has no concealments, and the
reputation of the managers is such that they
cannot afford to be dishonest in this transaction.
The plan is to offer to the public an
interest in the charitable institution by
Offering stock in shares of one dollar
for which certificate is given, with an
engraving fully worth the money paid. AS
q still further inducement to have the shares
taken up rapidly. every stockholder is promised
present of some value in addition TO his stock
by the sales OF stock are deposited with Messrs.
George A. Cooke & Co., bankers No. 80 s. Third
street, to be by them applied to the object in
view. A charitable public institution thus re-
ceives the benefit, and not private individual.
Commissioner Rollins, of the Internal Reve-
nue. Department Washington, d. O., has ex-
empted 1t from all tax, and the banking house
of George A. Cooke & Co. signifies its conti-
dence in the integrity of the trustees by publicly
accepting their trust as receivers.
The means should be raised for such an object
as educating the orphans of our gallant soldiers
and sailors within one month. Let all who are
able respond, and 1t might be done in a week.
Let all who have no disposition for charity, but
simply want pictures, and want to purchase
where they can be had for the least money, buy
of the Washington Library Company, and more
than enough might be realized in a very short
time.
II remains for the public to say whether this
benevolent work shall drag its weary length
along or be pushed rapidly to a successful com
| pletion. We believe that grateful public will
continue to sustain the enterprise until its pre-
sent bright prospects culminate in the trIum.
phant completion of the Institute.
The Principal ONCE of the Company is at No.
| 1926 Chestnut street. The officers in attendance
| will cheerfully give any information desired
| and II any additional checks or safeguards can
| be suggested, over and above those already.
] adopted, to insure fairness and confidence, they
| will be gladly received. 1t will be pleasant in
| after years to reflect that we had hand in
| erecting such a noble monument to the me-
| mory of our departed soldiers and Sailors
| FToYn The Methodist Home Journal.