Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-01-24
Fart worn ssflrjtI 1 calfrn,tia, ca

Vi -kAS
Fort Wartl Security / Construction Co.,
or FoEr woErH. TxxAs,
whose capital Of es0e $40 is dtvtaed ,ate azeo nm
rer cent preferred cumulative Dividend ssoek 80
60 per cent common stock. The ep.irs tssue
common stock hayins been tsksn by eaesaSss ~
Togt Worth, aa par.
HOW Dav1DkND1 WILL DE PAID.
- this corpora ion, In addition % its other val
uabte. mostly insds, re1i estate owns In tbs csty
of Fort Worth. Texxs, the two finest camm~rcasi
buildings sonlh Of IT. Louis Ia The United sta,es,
ano.s N s me Harley once building and the Mar.
which the charge for rentals 10 40 rs annually,
IL has been agreed by the directors 10 set ABIDE
VI, 900 from thegr rentals, which ean be appiied
only 70 the : per cens dividend on the sa6oooo;
and further. that such preferred stock shall arst
b. paid In fall oat sf the assets Of said c0rporA
ton upon the dissolution thereof. before the com
mon stock shaii be entitled TO share 10 suG assets
Ard u T. fufthsr agreed that after the preferred
stock has been paid It's per cent. dividend that
per cent, and from the balance Of profits divi
dend be paId 90 zach the preferred ani common
Of per cent, thas niz&inz the preferred 10 per
cent, and the common pr cent. stock. An
earnings above saiiietent to pay the above diyi-
bends, which will amoaat TO si7 600 per anaum. Ia
70 be carried TO surplus account tor a pssiost Of
iTe years. and At iiis expiration Of that tine the
directors may divide 1t among the stockholders Of
seeatd ~ they may deem proper.
II Is expected that from the Increased capital Of
$50 6oo now offered. thn corporation can earn
from ti5o.oj0 To t2ao go per aonqIn, "a II will
place the company in position to hande ali bnsl
ness offered to minimum Of from si.o0o.0o to
VI 30, t10 worth ct construction Annually.
OBJECTS OF THE COMPANY.
The Fort worth Security and Conjunction
Company Of Fort Worth, 1exas, Is duiy fncorpo-
rated under the laws OF the state Of texas for The
patpose OF the erection OF baiidings and the
mutation and loan Of funds for the purchase VI
real properly In eties towns and villages and also
for the accumulation and loan Of money.
HISTORY OF THE COMPANY.
The Fort Worth Security and Construction
Company. OF Fort Worth, Texas, Is an Gu growth
OF aud saecssdsd the Fort Worth Loan snd Coa-
stfuetlun Company. December 3lsi. 1890. which
Was tbe nost successful corporaiDn Of ita kind IN
tn. Southwest. having on a capital Of 500 900,
armed sf,5.eoo ~ nst inside OF two years u organ
kTd with 10000 capital In February, In i-sg, iD.
eF"a,tn same from earnings aions to teoo.ooo in
April, lsao, and In December, is9d, shows adci-
iJha surplus on conservative valuations OF si25,-
900 u ia 10 push this business 10 grsater Frvpor
tions hst this 500 60 preferred stock Ia now cser
I'd.
Ihe phsHominai net earnings OF thTs eorpcrs ton
stows why conservative investors demanding as
surpd diviirn nds are tarniDg from
Rstlw way tO Industrial Securities
it- capital Invested mostly in irside Improved
property. which IL constantly Increasing Ia value,
FORM. n perDaBsn: security for fidelity, and
for controlling the sails the BE- securities in the
.tais. A. is officers are asaons rs largest stock
holder. It's affairs will receive their undivided at
t"nion- IL l. not often that an investment. bear
ing such high rate Of eiyidend, eoup,ed with
absolute safety IL offered to the public
ITS GENERAL BUSINESS
In addition 20 its construction department Il tran.
ssets general financial business. IL deals ia fsxas
securities for investors trust fund and nsttu ions
furnishes Information and makes expert reports
on the property Of individuals, railway or other
corporations and pays taxes for non residents.
Examination and Guarantee of Titles.
Titles TO Texas real estate and mortgages thor
oughly examined and insured, the charge of which
viii be made known before work il began.
he option Is reserved to Subscribers 10 pay in
fun on application. OF on toe date OF any install
In-nt.
Interest AT the rate of per cent, per annum
viii be allowed on such prepaymeuts.
For further particulars address the HER-
tHANTS NATIONAL BANK or TUE FORT
WoRfu SECURITY K CONSTRUCTION co,
Fort Worth. Texas, jani6dJt