New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-22
REPORT NJ 1uF TREASURER AND GENERAL MANAGER TO The S'ucA
HOLDERS OF The
Geprpia- Alabama Investment and Development Co.

(.,it- n
,o rod IN come south on account Of the io0I'h
prejudice against it. summer e@2tS 'e hS S sales Of real
st average s25 coo pr and prices have advanced
in the last 80 da' ~ Spt Of daily
from q the county, from ron rpS SSe mV or maxi
20 ts cy Their permanent home and with the enornous
amount Of 'fy c e s sa sSG and Europe e cannot m
to be- large and rapid growth during ne Ing bc sum
e greatest need o. Tlapooa present more houses
dcd are needed in the next four monta ana donho n n
ve Way VI Of txplanaton would say to the
"onnanv owned on organizations 5000 city iOIS;
the 9 HC oSa TSGG Ra. sGd SIS Of %
c mineral land adn9e the ely W, the sG0a aay 8 n
dbdne;s Of any So on any v Of nG +. ms & than
their pr5@ent value We would have valuation in city
lots done Without additional dyelopment &C, Of o oHsr
To5sa Fura%ee sljs 600 without hgurnq is actual
in 'p% the 3s g1" Che T Po S'' Sa Works
$4,000 and 2i5s o. mineral land at 80 pr acre RE
ais Of Treasury Stock about $500 900 which Is reRre;
s s9sd G'3sc c form F'F o%ed ard grso"a pp
secured loans bonds mOgase g. on hand o SqG
for Eo o Tt 0S Of the ,c NJ ny EngS'
Tenn & Illinois Railroad. which will revert to the
On the Rs ~ fb OF s 40 nted by the
stock present 60 per Share is S %SGg' as a..
q1rd repre; nteS BY the stock T. at Ifs present price
would be considerably loss than this a1oNht
oooo worth Of thc proTery each SIX 9nntns s,S S
MOTT s0Gg to Py even 5 ff"t e o" en
old Ihlch Would he over - rer cent on the
price se. Of or the f %9 the
property which must or course increase the atuaI an
sR7 Of 'a sb % Ss ioDF SS' nGs
re"dy G d. gI9 S,t hg Walrn f az wing
cent dividend in q yin tr5 the c,T pSSa o tr6s
The sales Of stock of the Company were oyer g23QOoo
during the month Of June and he present lt OF sc 1G
OF The county Among the sockboldrs arc yc United
a 6c C sto q tho COMPANY are held bv sv1erand
parties ard the cmpaey received G an E CG on D6 t@s l'
In view Of the enormous stock during The month
S S JqnG and se ond Ph from hc mt the Company
an and t sG e Sa b SS
Che price 81 stock % $500 per sar" on tn ~
ulv should he equal TO Of June the stock VIII be
Withdrawn from The market until after the payment OF
The syndSd% formed for handling the stock Of the Com
to pure base outright at an advance 6 cent per .ha.e
per month has had very TGcGs b c PH sed On
august list viii handle the sock on conlmssion OF z
The very large sales Of stock since the Executive Com
MITE ann, ,n G an b,yc OF IN the wisdom
such policy and u is now probable that thG va 60
cents per share August Is:
with Simply the guaranteed advance Of 10 cents pc per
annuav par value OF the stock now assured the
For illustration 100 shares purchased tefore Aug.
- co pr sha Or S'Go. would he worth IN ycnn
from that time including dlvd nds the sum Of 500 90
While this incr'asr ar2c 10 n conservative m
weston Il Is abundlntly justified by the Increase IN IN"
prOp.rt Of the Company which the stock Is based ~
reason u tho la number Of manufacturing establish
ments now locating tho COmpany's prop rtv
H. the mutpl city Of stockholders scattered throngh
ont tho entire who interesting other 10 locate
NJ Talapoos and purchase property tn re to which IS
incre's. IN value /, due. Ana II Is to acco ?h
This that the company have adv"ru~ d extensively IN
newspapers general circulation large number o.
small stockholders IS preferable TO small number or
large stockholders --.,--
In this Is found satisfactory answer to The question
so often asked ''Whv. II the stock paws such large
earnings do not the company the directors OF The
company hold themselves rather than offer it to the
public" 49, 800, 49, -, A.. c.
and the EXTENSIVE Advertising for TolapOoa throughout
the country that making sHcn wonderful success
Of the present enterprise, and without this 10 would be
impossible 10 accomplish what has been done
Respectfully submitted,
JAMES w HYATT, Treasurer.
Il. l.. SPENCER. GEM raj Manager.