Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1874-02-05


in reaching the place where his child
lay, and In few moments more the
little one was In it's mothers arms.
Tell MS who You are, that we may
know what name to mingle with our
prayers" exclaimed the mother, Is tho
stranger prepared to depart.
MY name 10 Daniel Boone" he said
and was gone.
"a New lnvsstment fer savings y,
Is the flaming head Of . two column
advertisement published In the New
York CAsistian Union, of Jan. 70, ~.
We cannot give our readers The whole
OF this New plan Of Investment for
Savings," - 1t would be advertising
too mnch for nothing, but we propose
for tho benefits It offers those who are
overburdencd with cash, 10 give the
snbslance Of It, and then they can cor
respcad with the magnanimous pro-
jsctors OF the scheme and get the full
particulars. The advertisement says: !
"Ths particulars Of the Organization
Of the Investment Department Of the
MercAantsf, Farmers' and Mechanics'
Saving Bank Of Chicago, are o. fol.
loWu:
9 10 inaugurate the system, which
Will b extended from time 10 time.
the hank took from the mortagages
held by it as security for loans, . mum.
ber Of them City Eight Id all), amount
Ing 70 100000; these being iirst mort
gagee on fifty-eight different pieces Of
pr0d1ctive real estate In tho city OF
Chicago, valued 1t 4l64, $50, with i'm.
provements thereon amounting 70
$lAA mo, making . total security val
ued q t299, 275 exclusive Of accrued
intoreot). The mortgages were select
ed - . TO have about "a equal nam.
ber md amount Of them mature IN
eAch 81 the three first years OF the or
gani1atlon Of the Investment Depart.
m0nt. The whole OF these securities
were then placed IN the hands Of Z
Tfuseoe-Mr. George Chandler, Of the
well-knOwn law firm Of Cloudy &
Chandler. of Chicago the bank,
aftsr giving ito guarantee for the pay
ment of interest and Of Tho redemp.
tio9 ~ the certificates according 70
thslr tenor and the terms OF the trust
pfoCee1ed to issue 900, 900 or Invest
mentA Ceftif dictates Of the denomination
u el04 600, and 81 900 each, beerlne
ihterest ct tho rate OF $40 per cent
per nnnain, payable on the dfse days
OF EsbtnAry, NAY, August and No.
vemoeR These certificates arU offered
20 inventors In sums Of $780, Or any
multiple thereof o. par. =
Now when our readers, and sspe-
chilly the holders Of Lamar Insurance
Stool, kwho by the way ars somswhat
acquaiated with M. Geo. Chandler)
read fhis magnificent plan, W think
there Will be rush for investmept,
and 4 these same Lamar managers
will send . shrewd agent 10 Ottumwa,
Burlington, Cedar Rapids, etc., they
no doubt can "placs = Il all awhsrs
II Will do the most good" and = soon
- thsy rake IN the gresnbacks, the
100000 In mortgages can be With
drawn . private property, d IA Cush-
man 3 Harding, and then they can 70
into bankruptcy, and an order Of the
Superior Court. or Chicaro. can n
procured to assess the investors to pay
Losses and expenses. To give our
readers : atm further knovl.6rs -
this grand scheme, We copy further a
follows:
..<,.e !, 81 the mo.t ,mno...,. S..
novel features Of these 1iavestment
Certificates" Il this: While they may
Rv-efaah nnmaA1a Ak.rv ~n..1A A..l.lsE