Morning journal and courier., 1891-01-15
FftIallrial.
Security the First Thought, Prof
it Afterwards.
THE MERCHANTS CHAN ( NATIONAL 4! BANK

As Registrars and transfer agents offer at par,
p e IN g dag e Entire Of
aend ssoo Re Of f fse preferred cumulative ai''
Fort Worth Security & Construction Co.
OF FORT WORTH, TEXAS,
Whose capital Of $500 600 is divided into 500, 900
$500, 900 per cent. common stock. The entire
issue common stock having been taken by ClTl-
ZENS OF FORT WORTH, AT PAR
As this corporation, in addition to its other
valuable, mostly inside, real estate, owns in the
merciai buildings south Of St. Louis in the UNI
ted States known as the Hurley Office building
building, for which the charge for rentals is
3so. ess annually; 1t has been agreed by the d.
recsSrs to set aside $500 from these rentals
idend on the $4,000 and further, that such
preferred stock shall first be paid In full out OF
i hs H thereof before tie stock shall be-
entitled to share In such assets. And II is fur
been paid it's per cent. dividend that from nes
earnings the common stock is to receive per
cent, and from the balance Of profits a dividend
per cent, thus making the preferred 10 per
cent. and the common a per cent stock. All
sends wheS viii 70
is to be carried to surplus account for q period
Of five years. and at the expiration OF that time
er 1s Of record as they may deem proper. N
1t is expected that from the Increased capital
Of $500 600 now offered, the corporation can earn
place the company in a position to handle all
business offered to minimum of from 81 900 600
to 81 500, 600 worth of construction annually.
objects of the Company.
The Forth Worth Security and Construction
porated under the laws of the state Of Texas for
the purpose of the erection Of buildings and the
accumulation and loan of funds for the purchase
Of real property in cities, towns and villages,
and also for the accumulation and loan Of
money.
The Forth Worth Security and Construction
company of Fort Worth, Texas, is an outgrowth
Of and succeeded the Fort Worth Loan and
Wbch Was the Rposs snccessfe corporation
tai Of 100000, earned sea, 900 net inside Of
IN Two Fs saus in fsss Increasing M same om
earnings alone to $4,000 in April, 1890, and
Plus on eonsersatixe valuations Of sis5ooO It
Is to push this business to greater pToPSrtioIs
assured dividends are turning from
Its capital invested mostly In inside improved
property, which is constantly increasing in value,
controlling the sale Of the best securities in the
state AS its officers are among Its largest stock
holders its affairs will receive their undivided at
ing such high rate of dividend, coupled with alb
solute safety, is offered to the public.
Its General Business.
In addition to its construction department it
transacts a general financial business. 1t deals
in Texas securities for investors trust. fund and
institutions; furnishes Information and makes
expert reports on the property of individuals,
railway or other corporations, and pays taxes for
non residents.
Examination and Guarantee of Titles
Titles to Texas real estate and mortgages
thoroughly examined and insured, the charge
Of which will be made known before work is be-
gun.
The option Is reserved to subscribers to pay in
full on application, on the date OF any install
ment.
Interest at the rate Of per cent. per annum
will be allowed on such prepayments.
For further particulars address the MER-
CHANTS NATIONAL BANK or THE FORT
WORTH SECURITY & CONSTRUCTION CO.,
Fort Worth. Tex. ja10 1t ja24 q