The weekly Elko independent. [volume] (Elko, Nev.) 1872-1887, 1875-06-12
Snfe Investment.
The Pacific CoaSt Twelve Per Cent Con.
soils.
NEW METHOD WITH ASSURED ADVANTAGES.

\ rapidly growing interest Is being taken In the Pa.
cinc Coast Twelve Per Cent. C0nsul., I'm consequence
OF the many advantages offered In regard to invest.
'hchl' hIcrcht ana dividends. o much uncertainty
exists In connection with nearly all mining and other
speculative companies. there Is something very nssur.
Ing In an Incorporation which not only guarantees
tTcl'c ncr cent. per year TO all Stockholders, but I.Tp.
vldcs fort The honest payment OF dividends. Tie Twelve
per cent Consols were Incorporated on the I2tiI OF Feb.
ruary last for the purpose OF transactIuG n general busI.
ness In buying and selling mining properties, city real
estate, and agricultural and other lands, In the States
anu Territories OF the Pacific Coast. Determined TO 10
only a strictly legitimate business, the Directors 70.
jccted the old method ia vogue hy mining commands
generally, aud ahnpic[ r new one which .rcurrs IA ~,
parties who become shareholders equal advantages IN
The business transacted. by the provisions OF the br.
laws
SINKING FrHp
is 10 DC mnho or onc-half the proceeds OF the total can.
Ital stock, which shall be sold on the joInt account Of
thc original co'owncra. Tho stock Will be classified M
follows: Sinking Fund, mining property, city real Cs.
tatc' anu agricultural lands. Before any stock is Issued
In any class, the property will be appraised by the own.
ers, and the stated value entered upon the books OF the
company. Shares Fur not moro than my per cent. OF
the valuation will be Issued In any OF tho classrs. and
tic nlnountof shares offered for sale In any one class
exclusive Of the sales OF stock In the Sinking Fund.
Will not be allowed to exceed tnnn. II Eold nj los, thar
the par value of a dollar per share.
GUARANTEES OF RAFETY.
In regard 10 the In King Fund, which Will constitute
nifty per cent. OF the par value OF the stock, all moueyt
received rs the proceeds Of sales OF stock on uccount
or the fund will be deposited with sonic solvent bank.
linz Institution, which pays Interest on deposits Invest.
ed In Interest bearing stocks, bonds and other sccurI.
nee WhlCh can he realized on In thirty DAYS, and I'm no
case VIII II be lawful for the directors or trustees Ia In.
vest any moneys OF the Sinking Fund In the purchasc
OF stocks, bonds or other securities OF any lpcornora.
ton whatever, which shall have failed 70 pay interest
or dividends for n period OF ak months preceding any
proposed investment pertaining tu the Sinking Fund
VI tile company.
PAYMENT OF INTEREST.
ihe bylaws further make positive provision for the
payment or Interest monthly on nil stock Issued I'm each
Class at the rate of twelve pcr cent. nor nnp,u n,ro.
Oe ON Tic 9Th day OF each month. Another important
concession Is that any shareholder Inns the onion N
class thsT NAV "a BE- mT nrcf 5%T ,9!erS:i Ht par value IN any
Levied until TIE total stock Of tho Sinking Fund shall
Indeed "a d. e secure & y 3 Ran & fI he co% ny p tl1S O ilat Il
soii Im,HsiIatSiyl and '' he S 81 ths sqF!T nTn% shonl% be B,
bIoyldcd; The proceeds would hG, sufficient 10 pay tT,
stock; Perhaps no o;icr conrnny : i ia t" he r" SaS GjapI hSl
ever been able TO present so brilliant a certainty. "'
DIVIDENDS.
Stockholders win not only he sure OF their twc,vc mr.
T pT@n,IPp per T6 snd dIRijc 6%s Nil Nil share In NIL tIc surplus
lila, have GtcTn Issued for %% pr "py yn ra Iue5r sS "f S S"Es9ii
u question SSnSs q ir' 'ae i SS%% iTnSsnci As ,n 81 nc, car ed be VERY
dis ] E sEh' .S S]n'SHSiITs' R haS iSni '' Gsor 5 GI9I;c vii ~:
poets should serve as n strong lniuccmcnt 4" Itnrr
InICUhsEIs, Ior perhaps Ia no other direction can tlIcr
NC positive nr receiving 1nc per cent. n month ~ n
dividends In addition. NIB )eary
COM n MN precision can 10 made Mt any time by the
Iunhpahy W fCtling aside the percentage agreed Hnnn
OF INC t,ilcS OF the properties OF thc Con,nNnv' "TIbnn
mialn on1cGt OF the directors In 10 inc0Tn2fotr n
,niuto lcSuilnatc nnl assured method az trnnsncnp,
i1Inrd " w hlihinS 1nu property than has hitherto oil.
iS"eG n o iSsi hS spi bona faGdS Sy i are 'hS1Sf.FS sI TSGI b Si to
IN rue 10 have nothing Ia do with speculative SSt
~. ENcI} possible rare Will he tRkc, to nrofcCt tme
in!enCn!s OF sIarcholdcIs; md In order that they in"v
" constantly posted In the trnnsactIOns or ms r|""S
pany, n monthly Eiatcncnt or aiJaITs viii Ia. , Nv 1nll
Tor iH-icCtiUn. ''"'SS oIch
snaIcs Tor Tie nrst series Issued for mining nropcr,v
~ mnsIoc. storey. and, Lyon COUNTIES, anil or III
Iunl;tock DHc IN Nevada, aud for account al SimLi"" ~, ~,
r rnH1s erG nov [SaGy for delivery 10 subscribers aid
street. Tie set selling rate will be unrITGniV op2
,ho nmyIng rate nnc'nlhciccil. The principal Giics ~
WV cpilrany "a at J5 Montgomery street r I'ScI'i
Is 'ho FrcSidrnt' and W. S. Reynolds tic Sccrcinrrn.' ''