The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-06-24
1T is A BIG THING.
From the AttIca dnd } Ledger.

! The Wichita Land and improvement
company promises to have plenty of bust
ness when its object is fully understood.
| The ground work is real estate investment
acknowledged by all successful business
men to be the safest and surest of all in
| vestments This real estate, located In
| Wichita Kansas, has been purchased IN
| large tracts and during the severe depres-
| sion-really, at half its value. 1t is not a
speculative scheme, but a plain business
proposition in which there can be no risk.
1t has no perferred stock and in this par
| ticular stands alone. There is not corpo-
| ration in existence where the organizers
| and stockholders are on an equality,
where everybody ''gets in on the ground
| floor" 1t is safe and sure investment,
and the stock is forever non
assessible The company's standing can
not be better shown than by a reference to
its officers, J. Shannon Nave, the presi-
dent, and J. w. Paris. general manager,
are well known in Indiana as honorable
men, who need no recommendations for
character or business ability. The other
officers are the most prominent business
men of Wichita, one of them being hon.
ored few days ago by President Harrison
with responsible government position.
They are all gentlemen of the highest
standing in the commercial world and
with such backing the Wichita Land and
Improvement company is sure TO make
money IOF It's STOCKHOLDERS.
The Ledger is right. 1t is a very big
thing but still plain business PROPOSE
ton. being endorsed by some of the big
gest banks Of New York, Chicago and st.
Louis. Every stakeholder will realize
from 500 to 200 per cent, beyond question.
The moment he invests he becomes the
owner of property worth twice the figures
it was listed to the company at, much Of it
four times as much, some of it five times
as much. And every stakeholder is not
only admitted to the ground floor by the
plain provisions of the charter of the cor
poraUion, but every dollar paid for stock
goes to the making of the property valua-
bic, while the money received by the men
who put in the property will in turn be
expended IN Wichita. Every dollar so eX-
pended goes to the enhancement of the
corporations properties The money for
the property placed in the hands of the
corporation in eight instances out of ten
was and is wanted for, and will be ex
pended in, building and for manufactur-
ing and improvement purposes; thus the
expenditures of the property owners
themselves will enhance the value of
the corporations stock by just as
so many millions of dollars as the property
was put in at by the owners. 1t is a mu-
tual insurance company in which the poll
cy holders get the full face of their policy
and all the premiums even before the in
stallments are due. Just as sure as
Wichita is the best city in Kansas, with
greater prospects than any other, and just
as sure as all the property put into the
hands of the corporation is worth double
the price it was listed az, just so sure will
the subscribers to the stock of the Wichita
Improvement company realize great prof
its. The enterprise would be no bad
thing if applied to a scheme to start
town, but when it is known that it repre-
sents property at half price in one of the
most prosperous and beautiful cities of the
west it would seem that the entire twenty
million dollars of stock ought to be sub
scribed for in as many days.
FIVE THOUSAND DOLLARS REFUSED.
1t was pretty generally predicted, last |
fall, that if the South Kansas Fair asso-
citation failed to pay its premiums in full |
it would be because its management utter |
ly refused to accept the license of permit |
money for the various kinds of gambling |
devices and games OF chance ordinarily |
found on fair grounds. Still every reward |
was paid in full. The success of the fair
and the news of the great numbers who
were in attendance have been nosed |
abroad and the gambling and swindhng |
and robbing fraternity are correspondingly |
anxious for chance. One ST. Louis big |
wheel outfit sends an offer of 1000 per |
day for the privilege of running their |
game. That means of course that the |
crowd is to be robbed to that extent |
every day or more But the association
prompt answer that no offer
however large or tempting for any device
or scheme which proposed to catch The I'M
wary and to rob the farmer boy, would be
listened to.
The EAGLE endorses the decision of the
officers. There should be no gambling
games permitted. Betting on the speed of
horses, of course, cannot be helped. Those
who do so know exactly all the ms and
outs of the chances they are taking, and
do it for the excitement it affords-some
for the chances of gain, but there is no ex-
cuse for the presence of swindling devices,
in which there is little, if any, chance for
the money ventured, but which proves SO
enticing to the average country lad.
The indications are now for great fair
this fall, which may be visited by one
hundred thousand people, the weather
proving favorable, and we not only want
it a clean fair, but such fair as every
body will be glad to visit another year and
every year.