The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-12-06
1t YES made up wholly Of aplaten matter. me

1t was made up wholly of "plate" matter The
date was December, 1891, Vol. l., No. l.
When seen at O'Clock last night in his cell,
Cochrane was stretched out at length upon his
hammock. He rose on his elbow when accostsd
and tried to peer through the aperatures be-
tween the iron bars TO get look at his inter-
locutor. He was very particular that his words
should not be taken and put in quotations, as
he was sure that the reporter would not quote
him correctly.
II have never been reported right yet. he
said, ''and Il You are writing anything there
now want you TO read it TO me-"
He said that his arrest was all owing to mis-
understanding. but he declined TO explain what
he meant by MISUNDERSTANDING" The lots, he
said wers finely situated, were about as near to
town as some OF the Green Lake lots, aud II an
electric line should he out there the lots
would be worth $1,000 apiece.
"Tae view is immense" he said, land the
addition is a little less than half mile from the
lake You said IL your paper that it was
half mile SOUTH but it is little less than half
mile west OF the south end OF the lake"
He hesitated a minute before answering
question designed 70 throw some light on his
"prCDosed electric road
"TAere are several parties talking about
line out there, but don't know IS ought 10
give their names away. There is oEe man
there, though, who owns property there, and
out that wsy for ioug time"
Have you awarded any of the cash prizes
mentioned in your adyertlsementsY
"NO- They are not to be awarded until Janu-
AIRY Is, as you win notice If you read the adYer-
tisement"
'Was your scheme an original oneT
''Yes, think so. | don't remember OF having
heard of the scheme before. l meant to fulfil
oil ray promises, and thought l was doing
straight business
Are you preparing another issue OF the Vest
Shore magazine
II don't care TO say anything more about that
than have"
"Did you expect 10 be arrested?'
"No, indeed, did not"
"Have you secured q lawyer yetf'
After some hesitation on this question he said
that ne did not know he should say.
In connection with Coehrane's arrest the fact
will De of interest that he has gotten out the
folio wing .oT those who secure the lots Oh Lake
Samsmsh
Yolrs with s475 enclosed at hand. We send
you the deed at once with map OF plat, ana VIII
forward the abstract soon as ii is printed.
You may take new subscribers TO the Vest
Shore at 81 per year and keep half as commission.
His plan for securing advertisement for the
Washington Railroad and Improvement Com
pany was a clever one. He got out circular
printing at the head list of officers-his name
was not among them-and the following refer
ences:
Tho American Exchange National bank, New
York; The Boston National bank, Boston,
Mass; The Washington National Building,
Loan and Investment Association, Seattle,
Wash; a d. Cochrane, Seattle, Wash.
The circular which was sent TO some news
paper manager, contained the following pros
pectus OF the company:
The Washington Railroad and Improvement
Company has been incorporated under the laws
oil the state of Washington (Which practically
guarantee against loss buyers oil corporation
stock for the purpose OF taxing advantage OF
any opportunity that might present itself land
these are never lacking here) OF building rail-
roads where the same would pay r large per
cent OF net profit, and OF buying and selling
Land where the same could be done to an aDso-
lutte certainty with no chance OF loss and clear
prospects for gain. Its authorized capital IL
100000, and although only incorporated last
year, its monthly earnings are already large.
This stock should command your consideration,
as a careful investor, because
First-Every dollar of stock issued represents
81 OF value actually received by tine company,
ana IS carefully invested with the aid OF a COM
petelt advisory board, in real estate or railroad
building. where the net profit promises to be at
least % per cent. per year.
Second-Ths is about the only corporation of
the kind in which the salaries which may be
paid to officers are constitutionally limited to
reasonable compensation.
Third-This stock is always receivable at par
by the company in the purchase OF any lands
own and have Tor sale.
Fourth--Fhe stock we offer Tor sale is pre-
fcrred, non assessabe stock. The bylaws pro-
vide: Every six months or oltener the profits
OF this corporation shall be divided among the
shareholders, and the holders of shares of pre-
ferred stock shall receive dividends at least at
the rate OF per cent. per annum, before any
dividends can be declared on common stock"
There is but limited amount of this stock for
sale.
Filth-Already earnings have been such that
we have paid three monthly dividends on the
preferred stock of per cent each. These divi-
deuds give reasonable promise of increase.
Preferred stock, SOB per share.
Then followed Il note stating that "the
Seattle Advertising Agency "a. d. Cochrane,
proprietor) had recommended the paper as an
advertising medium. The company would pay
in stock. The circular concluded:
First payment TO be made receipt OF
paper containing the advertisement. Ii you
are willing TO accept this proposition kindly
proceed with the publication OF the copy below
following style-ehanges 10 be supplied
through the said agency. As we have put the
price offered you so low that the advertising
would be the same cash to us, we can keep
this offer open until the limited amount OF
stock offered for sale is exhausted.
The "copy," which shows Cochranes fine
hand, especially in the appeal TO "send us 20
cents," is as follows:
CAN YOU
Write an advertisements?