New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-06-18
TRUSTEE FOR BONDHOLDERs.
The Illinois Trust and savings Bank OF Chicago, III

The Illinois Trust and savings Bank OF Chicaso' Ill
The subscription list viii be opened Monday. June
o. at 10 O'Clock H. and closed on or before Wcdnceday
Juno "a. at 3 p.
Total issue limited to 100000, snd secured by
ast mortgage on al present and after acquired prop
ertv both ra and ursonel Of the Columbia Oil Company
The rroperty owned by this company Is entirely irec
from ncnbrance and present plant earns annually
sufficient prot pay the interest on Che proposed ISSUE
Of bonds and a far dividend upon the capital stock
Tho nroeeeds Of the issue be expended In tho ex
tension Of the companys plant thus increasing the secur-
ty of the bondholders.
In addition. the bondhoIders will participate in the
nroats OF the enterprise As EACH SUBSCRIBER WILL
ut, GIVEN A BONUS OF 30 PER CENT OF THE
FACE VALUE OF THE BONDS FOR WHICH HE
sUBsCRIBES in fully paid, Worcestershire stock oil the
company and requisite stock has already been trans
ferrcd 20 o trustee for that purpose.
r. Il fact evidenced by two years practical working
~ ts c0roponys system that the stock thus given as a
bonus viii be OF very great value
This company will carry the Manufacture Of Cotton
Seed products owning valuable patents and processes
of manufacture, which enable it TO produce ue same
cheaper than by any other known methods.
only about onethrd Of the cotton seed raised IN the
United is at present utilized so that the supply
OF raw material for the business IS practically unlimited
and the same may said Of the demand for the finished
products. The business has an assured ana growing
field.
After the completion of the additions TO the present
plants the company Will be able 20 produce 1900 barrels
,eaye AFTER PAYING INTEREST on ITS BONDS
AND ALL OTHER EXPENSES. NET PROFIT OF
ABOUT 30 PER CENT on TILE CAPITAL STOCK
or TILE COMPANY.
It Is believed the good security offered ana the
houus of stock given, that safer or more pohtaOle
investment has ever been offered to investors.
The bonds are offered at par. payable os follows;
20 Per Cent. Payable on Application
20 Per Cent. Payable July Is. 1891
30 Per Cent. Payable Aug Is, 1861.
% Per Cenf. Payable iscpt. IL. 1891
90 Per Gent. Payable Der. u. 1891.
Each instalment TO bear interest from date OF pay
ment.
The bonus OF stock will be given with the last pay
ment.
Scrip viii b. issued in exchange for Trust Commiys
recent and when the instalIncnts have been paid
this scrip will DO exchanged Tor Coupon Bonds, engraved
to meet all the requirements Of the New-York Boston
ana Chicago Stock Exchanges.
Tie Right is reserved TO reject any application and 70
close TIE subscription list earlier than the date named,
or 10 oot sInaef amount Of Bonds than nay be APP
piled for.
The Trust Mortgage and Bond have been prepared
Inpois Trust Bank o. Chicago and copies
OF the may be md application forms obtained
at the ohccs Of the Company, 80 Commercial BANK
Building ChcaqO; the Illinois Trust and Swings Bank
Chicago the Suffolk Trust Company Exchange Building.
Doston and the Holland Trust Company, Of SO Nassaust
NcW-YoTk.