The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1891-04-29

in MILLER, Mlddetown, Virginia
PROSPECTUS Or THE MUTUAL LOAN AND TRUST COMPANY.
CAUSES THAT HAVE ORIGINATED THE ENTERPRISE
orginaton l. there for tp This the first question that
cry will necessarily ask 1t may therefore mop
here that have led the foundation
present organization
The dewn Land and Improvement Company have from the first
pursued policy Their Plan has been Boom but
b. owd subsequent reaction Take Of the enterprises
ri this policy there has already been located in Atown the fol-
The Yg Building Company capital $4,000 now employing l5O
hands which active and profitable operation and has already declared
large dividend upon the capital stock
and employ large number OF hands during the canning
Tie dletown Carriage Company, capital $4,000 This the ar
esrag factory the South Its machinery being placed and
wsoaps Iron Pine and Boiler lube works. ca aOS $4,000 b.
gin later than June / 1891 and employ 100 hands
| l. 1891 with 100 hands.
She Factory March 1884, and
Hotel has already been begun and WILL possible
The valley Company organized with capital
s5oooo and erecting horses the companys lots.
almost large Tannery employing about 300 hands
and Pottery employing half That number y
Land Company and the date when III these enterprises will Be active
The policy q the Land Company BIS been By A. and lots
selling below their intrinsic and certainly
This fact the Of the Mutual Loan Trust Company have
BIZ June next 100 hands will be employed in Mddletown Who with
their families must augment the population by 1000 persons
Already rents nave risen ~ per cent and 1t the present moment there i
Can Real ESTATE THEN FAIL TO RISE IN yaIuEs NO; IT
'''"'s' : = BASIS or ORGANIZATION.
Taking advantage Of the situation detailed above the
Mutual and Trust Company have secured bas operation
parable il acuy and soty with the best scheme Il
They have obtained from number of Mid
lots 20 il number have been donated tr Company j. pare. who's
Up holdings considerable aud who desire fo" thai
largely conDut the benefit Of All concerned thereby
@'' ''o"''s 'n'H VA VALUE OF The PROPERTY
AL Of these lots well located and q them
es The finest residence sites Company's land.
They have teen valued $3.50 eaeb but in order 70 keep within tn
limit Of xactitnde may kbe estimated average
ID 500 Of them being even more asntage located than "
Paul street, Baltimore; Il SSS0 s sseh. - 49,.
The pootor Of Loan md Trust Company tuu
dollar.
This Company have issued 25oOO shares which 8 share ha
paid unto The treasury Of The COMPANY 81 1t time q subscription
81 on tie 10Th OF each succeeding NINTH
IN been public With surtr prospect
producing certain urga Ils aot only the sase from financial pom
the statement above demonstrates the entire surroundings
satc% 70 the capital stock Il hi. company are no. invited - .u
,erng fields into city property That
accomplished and successfully and any visitor Maown may
There enough enterprise. located here to-day treble the value
holding buildings
testify the energy will which progress being pushed
PROPOSED .
The capital derived from tie placement will IL employed
dealing real estate and advancing money npun
ng perssn subject proper guarantee improve their hun
unaided d. not permit Of her building homes
FL ESTATE
All purchases u real estate made by the Mutual Loan
pauy viii he below il market value.
ire More reeuaiye investments real esas will 10. Be- made uni
- bassd upon actual present. values.
LOT PURCHASES
The Nuga Loan and Trust Company viii purchase Iols p Middleton
M for persons holding four U shares 81 paid Up stock this conpa
whos means do not enable hcn 10 raise bulk the entire
lforsuch purchase
Such advance must y guaranteed BY rs mortgage D
ad PAYABLE II such small nsuhly insaInenl. the business
&