The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1891-05-27

q A. CUTTING o.pn on nppcn Mn,ds!stown' Virginia
VIZ. WHEATLEY, Sec Of Corn and Flour Exc'ge BALTIC
J.W RICE Winchester Virginia
j. M MILLER, Mlddetown, Virginia /
PROSPECTUS THE MUTUAL LOAN AND Tagsr COMPANY
The any scheme largely depends the that justify
ognation there for tp This the question
perfume to state here the that hayd the foundation 81 the
present organization
The Mdeown Land and Improvement Company have from
pursued conservative policy Their Plan has not been e but
to be followed subsequent reaction Take Of the enterprises
Of this policy there has already been located in MdOwn the fol-
hands which profitable operation and has already declared
large dividend III upon the capital stock
and employ large number Of hands during the canning
The Mdetown Carriage Company, capital $4,000 This is the ag
est cariag factory the South Its machinery being placed
Wrought Iron Pipe and Boiler Tube works. capital apt $4,000 & be-
gin not later than June 1891 and employ 100 hands
a. 1901 with 100 hands t.
Factory later March 1891 and
fine Hotel has already been begun and will possible be
Tie Valley Company has been organized with capital Of
$4,000 and erecting hoses the companys lots
Several other enterprises being negotiated with aud the Company
mos certain large Tanney employing about 800
and Pottery employing half that number
Land Company when ali these enterprises will Be ID active
operation delay has Impotence resulted
selling many intrinsic value and certainly
below the figures they undoubtedly must realize six months hence
This fact the promoters of the Mutual loan Trust Company have
BY June hands will be employed IN Mddeown Who with
their families must Augment the population by al east 1000 persons
Already 80 cent and at the present there
CAN REAL ESTATE THEN FAIL TO RISE IN VALUED NO; 1T
UNDOUBlEDLY CANNOT Why? Because under parallel
husu atiad fodn
'''''s' = - BASIS OF ORGANIZATION
Taking advantage Of The situation detailed above the the
parable IN is aesuy and sody with the best scheme presented 70
They obtane from number investors in the Mid
own Land Company 10y Of fair value from each These
holdings considerable desire TO forward movement that
largely onlbut the benefit o. al concerned thereby
N VALUE OF THE PROPERTY.
AL Of these lots we'll located and q them constitute Of
Z the finest residence sites on the CGmpany's land
They have been valued At $50 each, but in order keep within the
@ q sa may sy.a a %G s 4 y aS
lots purchased recently by George Meeken Esq, Of 4 St
'" street. Baltimore No q f Pso sfSS FUND
These lots the pooo Of the Mutual Loan aud Trust Company
: dollar.
This Company $4,000 shares which 5 share shall
paid the treasury Of the Company time Of subscription
S 81 on the 10th Of each succeeding ding month
= No Stock has ever offered to public with urr prospect Of
predicting certain returns This not only the case from financial point
as the statement above entire surroundings
. the situation warrant the assumption.
Subscribers 70 the capital stock II this company not invited sub
scribe the creon,of town Tue hazardous undertaking
converting fields property That Of the
accomplished and successfully and visitor dletown may
for HIMSELF
There enough enterprises located here to-day treble the value
holding and the gigantic buildings Of
testify y The energy With which The work q progress being pushed
!. ORGANIZATION.
The capital derived from the placement stock will be employed
n dealing in real estate and in advancing money upon real estate aud ia
assisting ppsn subject proper improve their holdings
~ whose unad do not permit their building homes
81
All purchases made the Mutual Loan and Trust Com
V pany will be below is market value
More speculative investments in real estate will not be made unes
rs based upon actual present vanes
AL PURCHASES.
h. The Mutual Loan aud Trust Company will purchase lots in Mdow
for holding four shares Of paid up stock this compan
do enable them bulk the entire
is forsuch purchase
Such advance be guaranteed by mortgage ate per cent
mae payable small monthly inamens the business