Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-01-20
'1rl Wg1 Security L Caaslruglial Co.,

of the ~ ''e-
Fort Wgrtl Security L Construction Co.,
or FoEr woEra. TEXAS,
whose capital Of to 90 h. divided into o2so $40
tsr cent preferred cumulative dividend stock 600
0os per cent common stock. The entire issus
eomman stock having been taken By eftfxsss sf
now DiviDENDs WILL NE PAID.
A. this corposs ion. In addition 10 its other val
liable. mostly inside. real estate owns In the esty
Of Fort Worth, Texas. the two finest camm,reiAl
tnlldings sonth Of ST. Loats In the United STATS
known "a the Hurley Office building and the Mar.
In. Brown Whossaie Dry Goods building, for
which the charge for rentals is 0.1ys Annually.
IL has been agreed by the directors TO set aside
tif,oo1 from these rentals. which can be applied
only 70 the per cent dividend On the t26a 600 .
and further that such preferred stock shall irst
b" paid tn full out Of the assets OF saii CORPORA
ION upon the dissolution thsreof, before the com
stock shall be entitled 10 share in s1eh assets
And IL is farther agreed that after the preferred
from set earnings the common stock IL to receive
sper cent, and from the balance of profits divi.
dend be paid on each the preferred and common
Of per cent, thus IN aking the preferred 10 per
cent. and the common n per cent. stock All
earnings above sufficient TO pay the above diyi.
heRds which will amount TO ~ 900 per aBaum. IL
to be carried to surplus account for period o..
ive years. and AZ the expiration OF that time the
directors may divide IL among the stockholders OF
record as they may deem proper.
Il is expected tbai from the increased capital Of
elS0 0)D now offered, the corporation earn
from tl50,3J0 TO sloo. 900 per annum. as IL will
place the company In position to haode all bust
ness offered TO minimum Of from si.oco.oOo to
81 800. 900 worth OF construction annually.
OBJECTS OF THE COMPANY.
The Fort Worth Security and Construction
Company, of Fort Worth, Texas. is duly incorpo.
purpose Of the erection OF buildings and the aecu
mutation and loan Of funds for she purchase of
real property in cities. towns and villages. and also
for the accumulation and loan OF money.
HISTORY THE COMPANY
The Fort Worth Security and Construction
Company, Of Fort worth. Texas. is an outarowth
OF and succeeded the Fort Worth Loan and Con
siruction Company. December 3Ist, lsg6, which
the most successful corporation u its kind In
the southse-t. having. on a capital OF $4,000,
earned ts95 600 not lnside Of two years. II organ
ihed with 800 600 capital In Febr1ary in iss9 In
crra'tnR same from earnings alone 10 s20o.o0o In
April, lse0, and In December. 1880, shows addi-
ti0na surplus On conservative valuations OF st25,
roo It Ia to push thi. basness to greater proper.
,lon- that this 900 % preferred stock Is noN offer
I'd
The phenominaI net earnings of this corporation
shows why conservative live estors de- rnanding as
sufFd dividends are turning from
Hallway 90 Industrial Seen rifles.
lus ctpiial Invested mostly in Inside improved
property. which Il constantly increasing la value,
forn' "a permanent security for ! $ fidelity. and
for controlling the sale the best securities In the
state. A. Il. officers among It's largest stock
holders ia affairs will receive their undivided at
tesiion. II /. not often that an investment. bear
ing such high rate OF dividend, eoupIed with
absolute safety il offered TO the public.
ITS GENERAL BUSINESS.
In addition to its construction department 1t tran
sactaa general financial business, 1t deals in fexas
securities for Investors trust, fund and institutions
furnishes Information and makes expert reports
on The property of individuals, railway or other
corporations, and pays taxes for non residents.
Essmin alton and Guarantee of Titles.
Iitles TO Texas real estate and mortgages thor
Ougbly examined and insured. the charge OF which
Will be made known before work "a begun.
IN" option Is reserved TO subscribers TO pay In
tuii on application, or on the date OF any install
ment.
Interest at the rate OF per cent, per aunum
will be allowed on such prepsyments
For further particulars address the NER
CHANTS NATIONAL BANK or THE FORT
WORTH SECURITY CONSTRUCTION co.
Fort Worth. TeXns lanlGdyt