Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1888-11-10
GUARDING MILLIONS
FAITH IN MEN oT INTEGRITY VERY
RARELY BETRAYED.

/ We
A Good Opening for Man OF Business
antegrity-A hit Of Advice 20 Youn.
Men.
Did you ever consider what an aggrepnte
amount Of money is hell in trust where the
only surety asked or given IS honorf Per
haps you have not appreciated the fact that
right here within the limits Of the town ~
Boston it foots up millions upon millions OF
dollars. IL IS held ia all sorts Of forms
stocks bonds mill property, and, perhaps
greater than all OF these in magnitude. real
estate. This glass of property where a nun-
Der OF heirs exist is usually left by the tesla
tor 70 an executor, and perhaps trustees. who
are appointed at the request Of the testator
without bond In many instances such trris-
tees-men OF integrity who believe that
money dishonesty acquired is not worth its
cost, while good conscience never costs as
much rs il is worth-have under their inn
mediate control two and three and sometimes
seven and eight millions OF dollars to invest
or TO keep track Of, to look after tho property
and to see that it is always kept in such con
dition as 30 yield tho largest possible returns.
a GOOD OPENING.
In many instances, OF course, such men are
those who are already at tho head Of biz
houses, gigantic banking firms, but in some
cases they are men who, TO DO sure, are pos
sessed Of property themselves, but who are
nevertheless comparatively unknown. Some
Of our largest banking 6rms, and members
Of firms along Devonshire street, do this busi
ness almost exclusively, giving bond when Il
is required; but often a real estate neent
secures such appointment, and very frequently
it brings him business he would never have
secured had he not possessed this Office OF
trust Then in addition 10 this, he Is allowed
by law certain percentage for conducting
the affairs Of the estate, so that when the
property handled happens to get along in the
heighhorhood Of the million dollar mark
that revenue alone furnishes him with a
very respectable return. II is left-the
entire management-to him, and the
faithful manner in which in almost
every instance the business is conducted
furnishes an excellent text on which to fasten
tho argument that men in positions Of trust
are honest
There are in this city no fewer than twelve
firms and persons who make a business Of
handling estates whose individual wealth
ranges from $780, 600 upwards. In many in.
stances the business IS SO large that a lawyer
is kept constantly engaged and the business
furnishes work either for tho agent or the
firm or the head Of the concern himself. who
acts as the representative Of several insur-
auce companies. or course the larger trust
firms do not do this, but it makes an excellent
place FOR some young man and it is not to be
sneezed at when man first starts into biIsi-
ness for himself
And by the way, there is no better chance
or finer opportunity offered 70 Young men
today than to gradually work into this line
To the youth who is ambitious the writer
would say, save your earnings and watch the
auction sales Of real estate. Look ont for
improved property, and when you see bar
gain-they are 10 be had every day-buv.
and then let or lease You viii find it a GOOD
investment, and ono which will Weld Won a
rich return Then, having got this FIRST piece
Of property, your ambition will prompt Won
TO secure another, which experience by this
time viii have taught you 70 acquire in the
same manner.
BEGIN TO co SLOW.
In time the savings from your salary.
coupled with the rentals from both piacas III
property, viii have cleared the second house.
and you arc all ready for third. Now begin
70 80 slow. Remainder the old adage. Look
before you leap BY ambition foll tho
angels, and your desires may BY this time
hnvo brought about HI you prodiloction for
vaulting into fortune. Curb your passion;
don't mortgage too rapidly nor too heavily.
Always pay for No. l before beginning No 4.
If you 60 this you are safe, and with patienoo
You viii soon DO comfortable. Now, having
three on four houses with an aggregate Of,
say, ten tenants. and the property all your
own strike out as an insurance agent By
this time you can give tho company a little |
ltfrc
to have an acquaintance extensive enough TO
secure considerable patronage.
Having arrived at this point Of prosperitv
your chances are almost ripe for On extensive.
as vol as permanent success. Now secure
the management Of some estates You can
do it if you have been emulating tho example
Of the men who you see about YOU now
handling gigantic fortunes and trust, for
other people. They know what integrity IS
1t is their article Of fifth, and it has brought
them honorand riches. They never betrayed
a trust ~ small things; there is no induce
ment to do so in great things. As hope is |
the poor mans health, SO homer must Be the
fountain from which you draw mental and
moral strength Having this honor. and
being possessed Of some property, YOU will
find that you can obtain the handling 81 es
tates for other people, and you will find that
testators viii impose in many instances the
only obligation that you manage the affairs Of
their heirs in such manner as your conscience
aud your integrity prompts. This business
will, in the natural order OF things. add
greatly to your financial prosperity and. in
the event Of being required 70 furnish bonds.
you will be in position to supply tho none
tary requisite From this point forward
your success is in your own keeping. Always
let it be said that yorr word is as good as
your bond. Boston Globe.