Morning journal and courier., 1891-01-12
Fort Worth Security & Construction Go.

OF FORT WORTH, TEXAS. Whose capital of S50o,0O0 is divided into Se0oooO per cent. preferred cumulative dividend stock. $500 900 per cent. common stock. The entire issue common stock having been taken by CTTI ZENS OF FORT WORTH, AT PAR
 How Dividends Will He Paid.
 AS this corporation. in addition to its other valuable, mostly inside, real estate, owns in the city of Fort Worth. Texas, the two finest com mercial buildings south of St. Louis in the Uni ted States known as the Hurley ohice building and the Martin-Brown Wholesale Dry Goods building, for which the charge for rentals IS S3O 29S annually. It has been agreed by the di- rectors to set aside s14,ooo from these rentals can be op to hs per tSs9 preferred stock shall first be paid in full out ot the assets of said corporation upon the dissoiu- tion thereof, before the common stock shall be entitled to share in such assets And it is fur ther agreed that after the preferred stock has been paid it's per cent. dividend that from net earnings the common stock is to receive C per cent, and from the balance of profits dividend be paid on each the preferred and common of Gent. and the common a 9 per cent. stock All earnings above sufficient to pay the above divi- dends, which will amount to S41 .ooO per annum Is to be carried to surplus account for a period of five years, and at the expiration of that time the directors may divide it among the stockhold-
 It is expected that from the increased capital of $500 900 now offered. the corporation can earn from Sl5oooo to ssoo'ooo per annun; m & as it will l business offered to minimum or from si i;uop,u" to SI, 800 900 worth of construction annually.
 ODlccIS OI thc
 The Forth Worth Security and Construction company of Fort Worth, Texas, is duly incor- porated under the laws of the state of Texas for the purpose of the erection of buildings and the accumulation and loan of funds for the purchase of real property in cities, towns and villages, and also for the accumulation and loan or money.
 The Forth Worth Security and Construction company of Fort Worth Texas, is an outgrowth of and succeeded the Fort Worth Loan and Construction company, December 3lth, lsso, of it's kind in the Southwest, having on capi: tai of s10o,O6o, earned S225, 900 net inside Of in February, in iss9, increasing same from earnings alone to Ssoo,0o0 in April, 1890. and in December, 1890 shows additional @ al sur is to push this business to greater proportions that this SaOo 900 preferred stock is now offered.
 The phenomenal net earnings of this corpora assured dividends are turning from
 Railway to Industrtal Securities.
 Its capital invested mostly in inside improved property, which is constantly increasing in value, forms permanent security for it's fidelity and for controlling the sale of the best securities in the holders its affairs will receive their undivided at tention It is not often that an investment, pear ing such high rate of dividend, coupled with ab- solute safety, is offered to the public.
 It's General Business.
 In addition to its construction department it transacts general financial business. It deals in Texas securities for investors trust, fund and institutions; furnishes information and makes expert reports Ou tne pEOpcElS ul lnulNiuuiaior railway or other corporations, and pays taxes for non residents.
 Examination and Guarantee of Titles
 Titles to Texas real estate and mortgages thoroughly examined and insured, the charge of which will be made known before work is be- gun.
 The option is reserved to subscribers to pay in full application, or on the date of any install ment.
 Interest at the rate of per cent per annum will be allowed on such prepayments.
 For further particulars address the MFR CHANTS NATIONAL BANK or THE FORT WORTH SECURITY & CONSTRUCTION CO, Fort Worth, Tex. jal07t jazz 2t