The Sunday herald and weekly national intelligencer., 1891-03-15


ner of Third street and Pennsylvania avenue
pany. 1t is here they have removed from their
former and temporary quarters few doors
below on Pennsylvania avenue, and are now
well established in large, roomy offices, both
public and private which are fitted up with the
latest and best of modern bank furniture. The
doors and windows are furnished with heavy
irons, which impress one Immediately with
tkeir strength and the security of the valuable
contents within. In the largest Office, where
most of the business will be transacted, a mas
sve and imposing counter of carved wood, sur
mounted by beautiful brass screen, incloses
the busy officers and clerks. The walls are
wanscoated, while the ceiling is composed Of
iron artistically painted and gilded. In the
other room the furnishing has been carried on
throughout with regard to comfort and beauty.
Especially in the directors room Is this idea
carried out, and it is model of the conven-
tional banking house of the present day.
The Capital Trust Company, incorporated
September %, 1890. with an authorized capital
of 81 000, 900, divided into 100000 shares at $40
each, is already well-established and success
full concern. The charter permits them to en-
gage in all lines of business usually pursued by
companies of this class, namely: To buy, sell,
or otherwise negotiate notes or other obliga-
tons, secured by real estate or other good Sc
curity; to receive money on deposit and allow
interest thereon at such rates as may be deter
mined; to buy and sell real estate, to mort
gage lease, improve, and in any otherwise deal
with the same From the scope of these opera
tions it requires no argument to convince care
full investors of the desrablity Of their stock.
The field occupied by them is growing and
prosperous one, and offers special facilities for
successful negotiation in any of the lines in
which they are authorized to transact business.
In real estate notes and other securities they
are now prepared to buy notes secured by first
mortgages or other good secured paper With
the current receipt of money paid in by
monthly installments of the stockholders the
board of directors are at all times prepared to
take advantage of the active call for capital,
particularly in the section of >the city where
their Office is located, and thus avail themselves
of good opportunities to enhance the business
and profits of the company. They can also aid
parties who conduct large building operations
by placing them in the position to realize on
their investments in manner mutually advan-
tageous to themselves and to the company.
The board of directors pledge their personal
examination of all securities offered for loans
ments made.
The company will receive money upon deposit
payable by check on demand. Interest will
also be allowed on same at such rates as may be
agreed upon.
This feature of their business occupies a field
entirely distinct from the national or savings
banks. They will not receive active business
accounts. In most cities there is great deal
nf m aE IN nd hQ
holders of it from getting it into active opera
tion. The facilities offered by such companies
as the Capital Trust Company secure means
by which this money may be made profitable
to its holders by enabling them to deposit the
same with these companies and to receive a
fixed rate of interest on the same, yet permitting
to them the control of it by allowing it's with
drawal at any time. The Capital Trust Com
pany encourage parties desiring to save a
small amount from their current receipts by re-
ceiving any amount that may be deposited in
current>aceount and allowing an average in
terest thereon. The buying and selling of real
estate; to mortgage, lease, or improve property
is a branch of their business possessing many
advantages that may profitaby engage their
attention.
In the active real estate transactions, incident
to the rapid growth of the city, and especially
the eastern section, opportunities often arise for
profitable purchase of improved or unimproved
property, and the improvement of the latter
class by the erection thereon of houses that can
be profitably disposed of, and makes a field for
an investment of portion of the capital of the
company that commends itself to the attention
of the board of directors and will receive their
most earnest consideration.
They are also prepared to attend to the
management of the properties ofnon-residents, of
or those 50 situated as to prevent them giving
their personal attention to the numerous de-
tails incident to its care and management.
With the assistance of a corps of competent
assistants they are enabled TO successfully con-
duct all business of this character intrusted to
them.
These general suggestions are but outlines of
the many ways In which the business of the
company can be successfully conducted. With
q board of directors composed OF men OF known
business integrity and ability, with field of
operation unlimited in its extent. and with the
promise of personal attention to all matters
committed to their management, they conf
IDENTIFY expect generous patronage and support.
Any information will be cheerfully furnished
and subscriptions for stock received by the Off
GERS of the company or any member of the board
of directors. The following board of directors
is In itself guarantee of the integrity and
financial standing of the new company. They
are all well-known capitalists, who have for a
number of years been identified with the COM
Tnaroial and Othar intnrastG Of the District and