The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1891-04-08

TIE MgGgA LOAN AND TRgsr COMPANY
The scheme largely depends upon the reasons that us
u mere room Tor * This the first question that
to state here the causes that have led the foundation The
present organization
ee Land and improvement Company have from the
steadily and There no imitation a values
oe oowr u subsequent reaction Fake Of enterprises m
an OF THIS policy there has already been located in Mddeown tie f
The Vrgiais Boidng Company capital $4,000 now o,. *,
hands which active and profitable operation and has ALREADY
a .rgs dividend upon the capital stock.
Fruit and Vegetable Canning Establishment with capaety ~ 75
a" ana now employ large number If hands during canning
The Mdetown Carriage Company, capital $4,000 Th. The %
est e factory IN the South lis machinery being placed ar
Wrought Iron PIPE and boiler TUBE Works capital $4,000 4. -
gin not later than June i 1891, ard employ 100 hands
], 1891, with 100 hands ~ - nan apr
Shoe Factory business than March l. 1884, and
fine oe has already been begun and WILL possible be
dhe valley Investment Company has been organized capital Of
$4,000 ard i now erecting h,sse the company lots
Several other enterprises are being negotiated with, Company
and ottery, employing half that number.
But between the drawing Of lois BY the ckhoders the Middleton
Land and the date when III these enterprises will active
some delay has necessar occurred Impotence has resulted
selling many eases below their intrinsic value and
below the figures they undoubtedly six months hence
fully realized. - oO1p-H' nave
y June nen 100 hand, will be employed Mddetown who with
Already rents risen 80 present moment there
CAN Real EsTaT THEN FAIL TO RISE In vALuEp NO. IT
IAN NOT Wh2 Because under parallel circum
BASIS OF ORGANIZATION.
Taking ADVANTAGE u the situation detailed above the promoters the
parable il IT, aetuaity and oy with scheme ever presented
the public p
they have obtained from number Of intelligent II Inc MID
detwn Land ompany lot Of re value from each Thee
lots 20 number been donated the comp b, j, parties whose
holdings considerable and who desire movement that
must largely renbut to the benefit Of all eonc aud THEREBY
VALUE OF THE PROPERTY
= e os are well caed and many Of itia constitute Of
They have ben valued $3.50 EACH but in or to ken within The
t INIT q eSactud- a. rate b. estimate" m average Of
twenty lots purchased reny By George Meeke E u 4o2 as.
Paul street, baltimore, Il 500 each.
These lots b prosoto 81 Mutual Loan and Trust comnanv
over tie Stockholders Of that Company the charge
STOCK ISSUES.
I nd eSm have 9s 300 shares which s share
y Oh The lNh Of each succeeding mouth
No stol has len o.4 y tie public With ,ar,
certain rterna h not only The financial int
'er = IRE statement art demonstrates r entire surroundings IL
saberrs q "a k 4 this company are not invited to .ub
nypTiinv adt property That part ~ The L Nv. ~
eon ,d aa success p, ani Mldlctown NAV as
lhe,r ynoagi enp icad rrp day i treble lie va ~
YER .g ~ ~" gigantic ii ding u construct NJ
y rHg no asfzATf0S T"
Tie csIua ffTItst Ba tie II
euv III tel adsapeng money anon real esl., 80
ilts ~ u.s. ~ t 81 proper guarantee improve their bnld;a
ape nnAiil IL 49, permit # iLer building homes
ESTATE
III e u ral e.te mr- By Mutual Loan and Trust Com
nt nii ID isIDS ii. nafseH value. ' SV"-
NJ. esais. real estate will not Be made ,n
sd fi1D a4nal preepHt ysiuet eneS
PURCHASES
The @n bon 41d Frat Company viii purchase Mddletov
Ierss hng fu ~ shares m li 90 stuck in this eomns
o.p Il aot enable then hulk The entire nm p;y -
t.gei purchase - 'fuHsu Y,
such must y asnid b. mortgage ate Der cant - AN
e payable u small monthly nsamen a. The business man