Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1891-01-16
Fort Worth Security & Construction Co.

t0rt worth SeeuflIy d G0nSIIuGll0n 60.
OF FORT WORTH, TEXAS.
Whose capital of $4,000 Is divided into 500 600
rer cent preferred cumulative dividend stock,
$500, 900 per cent. common stock. The entire
issue common stock having been taken by CFTl-
How Dividends VIII BE Paid.
As this corporation, in addition to its other
city OF Fort worth, Texas, the two finest com
mercial buildings south OF st. Louis In the uni
ted States known as the Hurley once building mags
building, for which the charge for rentals is
$50, 29s annually: 1t has been agreed by the di-
to set asae onX To fbe cent? div
idend on the $500 900; and further that such
preferred stock shall first be paid In full out OF
ton thereof, before the common stock shall be
entitled to share In such assets. And 1t is fur
Their agreed that after the preferred stock has
been paid its per cent. dividend that from net
earnings the common stock is to receive per
cent and from the balance of profits dividend
be paid on each the preteerrea ana 1o OF pe1
cent and the common a per cent. stock. All
earnings above spcsn5 to pay the above dI
is to be carried to surplus account for Q period
Of i've years, and at the expiration of that time
the directors may divide it among the stockhold-
ers of record as they may deem proper.
1t is expected that from the increased capital
$500 che as saf al
place the company in a position to handle al
business offered to a minimum of from 81 100000
Sl,OU
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
and al also = for for tie accumulation and loan Of
money.
| The Forth Worth Security and CONSTRUCTION
| company of Fort Worth, Texas, is an outgrowtf
of and succeeded the Fort Worth Loan anS
/
which was the most successful corporation
of its kind in the Southwest, having on CAPT
two years, It organized with 500, 600 capita
| in February. in lSs9, increasing same IRON
earnings alone 10 S2000 600 in April, 1890, ano
in December, 1885, shows additional sur
| plus on conservative valuatioas of Sl25,0oo. II
| is to push this business to greater proportions
that this $500, 900 preferred stock is now offered
| The phenomenal net earnings of this corpora
ton shows why conservative investors demanding
assured dividends are turning ng from Saour,,,sx
Its capital invested mostly in inside improved
property, which is constantly increasing In value
controlling the sale of the best securities in tbs
state. AS its officers are among its largest stock
| tention 1t is not often that an investment, bear
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 I
| transaets general financial business. 1t deal,
in Texas securities for investors trust, fund ant
| institutions; furnishes information and makes
| expert reports on the property of individuals
railway or other corporations, and pays taxes fol
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.
| full on application, on the date Of any install
| ment.
Interest at the rate of per cent. per annun
| will be allowed on such proponents.
| For further narticularS address the mER
| CHANTS NATIONAL BANK or THE FORT
| WORTH SECURITY s. CONSTRUCTION co.
| Fort Worth Tex 1alO At jazz II