The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-07-15
RANDALL III. FOOTE,
RASEER Ann RRDEER
"a BROAD ST. A'I''HE0 i'O NEW YoRI

ga BROAD ST. NEW YORK.
Tho" guarantee" It will be noticed is all in
the head line. and there is q certain indefinite
ness about the advertisement In other re-
| spects. but Mr.. Foote. when interviewed by a
| prospective investor as to details which the
| advertisement omitted to state, was volubly
sure that 1t was all right. and that whatever
| Information was not in the advertisement
| would be found in q package OF printed and
type written matter with which he endowed
the investor. Incidentally he remarked that
he had Just received q check for lot OF tho
stock from lady up town.
The prospectus OF the company. included In
the package. gave its capital as t200000O. itA
Eastern office as In tho Giobe building, Boston.
and Its officers as follows:
President William n. Titus Boston
1fes.ufsT tie Hon o Ro6sr. Ffs"Gln Ss%poft
1ssan. trert G XndT.s f. fs Sss Eostoa
Sssds, o' IN nam "S aBt M1cO%
foTtsnd NE fersy sorer %%IdoHoro as Fr%mt
.Sd Dspooy tho
Trust Company of Boston.
tai. 1900. 900 is preferred stock bearing ten
per cent Dividends payable semi-annually in
February and August" and s5OO.OOO IN COM
The other statements as to the company con-
tanned In the Prospectus were set out more at
length In typewritten document. from which
the following are extracts:
The NorthwssteFn Land and Coai Company own about
amy, assa! }SS mis: .s,s e fi.%sFss r. s...:
eSs bolt e nshs s G eo @
large guSniiies Of sypsum and mari mad. ., ,,.n
certain PoweTintt s%TPrGsMs WITH srGste. or com
IRON ,ls Industry TiIl pay the per cent dytdsEdsto
insom s"fpD' not mentioning tho various '0''''' OF
The document also contains a " statement OF
the company" which Is said to have been made
up ON Il basis OF valuation far below what
lands Of similfGG character are sold a." and
mltted." 1t is as follows;
, st9o city lOs and and Hr&n'''e rights $4,000
1920 acres Of agricultural and coal land iOa2+0
1890 shares Of treasury stock par siuoo' ,,oo,o
Observation-Disclosures. ..s2i5I91o
and Coal bank Rivers on which there are good wafer
OF income TO the company.
Annual income estimated on basis OF reliable
Of Sriquottes Or comTfe:ssd coal Yer dAy"' soae2s
Prom in, esInentS OF treasury capita, IN IOanL
manufacturing plants, ac,.,.,..,........,..., 7aOO
Total s27oe23
Ehich is nearly equal 70 - PEI sent on ,hs entire cap
stock at 50 per share.
THE NEW AND WONDERFUL BRIouETTE.
The greater part OF the document Is taken
up with an elaboration oil the following para
me Northwestern Land and Coal Company ha. 20
pressed coal new and wonderful Invention. BY, which
come gSetuI and valuable There brqueUsS or com.
pressed coal are almost hard natural coal and
being slightly porohs admit OF ptOu Of
oxygen daring the process OF combustion than any
other form OF coal which renders combustion com.
pete therefore causing less waste than by the use VI
conf
Among other things It is alleged that;
Under equal conditions with coal the water eNApo
FS S%S.gy ,S 81 . che G2gtt. a Of coo"
Tho brquSttVN manu- ACtured from our deposits by
a. so Az sulphur IIes,nt
heat
For blacksmiihs and other metal workers IL is sups
Ti0r to any fuel now In use
OF boiler furnaces
, Il produces gas superior to any MANUFACTURED
from natural coal
HIiquettes cOmpreSSed coal are unsurp passed for
use by rAr0adS steamships fuTnacrA fOrges and for
all purposes for which coal Ia now used
There is also statement signed by HAYDN
NJ. BakeT. Nj. D., U, =. chemist for tho Port
OF New York ~ what purDOrts 10 be tho re-
suit OF an Anhli sis OF some OF the companyS
Ignite II says:
The proportion Of available hydrogen, apart GrsA