The home journal. (Winchester, Tenn.) 1858-188?, 1871-06-22
The Memphis Real Estate Dintrihu
ton.


tiOn.
Within the past five years there have
been many gift enterprises set on foot,
in which the public haye invested with
no fair results. In fact, many OF them
were gotten up with the view to swim
die their patrons. AS general rule the
public are always ready and willing to
~patronize a fair and honest enterprise,
but past experience creates a distrust in
Distributions of any kind. Taking fol-
granted the above remarks to be true,
still there are exceptions to the rule,
and that exception will be found in the
enterprise at the head of this article,
and we speak by the card when We say
so. Apersonal knowledge of the man.
ayers, Messrs. Passmore Il Ruflin, for
the past fifteen years, warrants us in
stating they are gentlemen Of honesty
and integrity, who would scorn any act
! not worthy of their standing; and this
is borne out by such a journal as the
Memphis Appeal, which fully endorses
them and their enterprise, and whose
good opinion we would rather haye IN
the case than all the names that are gen.
orally appended, consisting of Cover
nors, Generals, Colonies, Majors, Hon.
CRADLES, ETC., tn other enterprises; for as
a general rule, this kind of bolstering up
a scheme with that class of names, ends
in a swindle.
We shall now proceed to give our cit
liens some insight as to how the Distri-
button is carried on, the manner of
drawing, DC. The realty is virtually
sold to the managers through title bonds,
made by the owners OF the property,
and absolute titles will be made by the
managers to the fortunate holders of
winning shares. In the distribution
can be found some of the best improved
and paying property in the city of Men,
phis, Tenn, among which is the "New
Memphis Theater," built at a cost of
$50, 900 and renting for 81, 200 per annum;
palatial and cottage residences, fine bus
mess houses prominently located; q
splendid plantation near the city, and
realty ranging in value from $1,000 to
$4,000. The realty. value foots up to
s467,6 GOO, and the personal property to
S32, 400.
We now call attention to the rules gov
erning the drawing, which upon exami-
ration will satisfy the most skeptic i as
to its fairness. No one connected with
the management is allowed to hold a
share under any circumstance. No
person will be admitted to the draw
ing but those who are shareholders, for
the reason that the Com Lit zee to SUPER
the DIR. wing must be selected by
them alone, the managers taking no.
part, further than supplying the neces-
sary appliances for the drawing. The
Hall in which the distribution will take
place, will hold from two thousand to
twenty-five hundred ticket holders.
All the unsold shares at, the time of
drawing will be surrendered to the Com
and their corresponding num-
beers not allowed any representation in
the distribution. Thus the managers
draw any Of the prizes, which
the public have much objected to in
prior distributions, and not unjustly.
The manner of drawing will be from
two wheels seven feet in diameter, by
inches deep. For example, take
two carriage wheels and fill in between
the spokes with glass, cover the outer
circle and adjust a door with lock and
key, and you have a very good idea OF
the wheel to BIO used. In one of these
wheels the corresponding numbers of
the shares sold, will be placed, and the
prizes In the other, and AFTER a thorough
mixing up by revolving the wheels, the
commissioners appointed by the COM
mittee, will unlock the doors, and the