Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-01-21
Fort Worth Security 4 Construction Co.,

fHt HgIW oIaIItf IahSu HsL!ul w.,
~ foEf WoErH. TEXAS,
whose capital Of scos oeo Is divided into zero go
cent preferred cumulative DIVIDEND sfock s,gG
lDp per cent common stock. Iflr entire lssEe
confn n stoes having been taken by citizens OF
Fort Worth. 81 par
now DIVIDENDS Will. BE PAID.
A. thi- corpora lon. tn addition 20 its other val
nAblr. mostly Inside, real estate owns In the etv
Of Fort Worth, Texas. Tho two finest commercial
buildings s0nth Of 1t Louis tn the United stafrs
known s- the Hurley ofiee building and the Mar
lin Brown Wholesale Dry Goods building, for
which the charge for rentals Ia s20zg4 annually
II has ben agreed oy the directors to set aside
1890 from these rentals. which can be applied
only % the 7 per cent dividend on the 500 coo
and further, that such preferred stotk shall hrsf
b. paid In fuii o1t Of the assets Of sait corpofa
fipn upon the dissolution thereof before the com
stock shah be entitled to share In such assets
And Il ~ further agreed that aftf'r the preferred
stock has teen paid ia ? per cent. dIyidcnd that
rom net earnings the common stock l.. 70 receive
p, eeat and from the balance of profits - d.vi.
80 nd BE- paid 0a each ia" preferred and common
Of per ernf- thus msklng the preferred a 10 per
esHt. and The common per cent. stock. All
earnings above sufficient to paw the above diyi-
de nds, which viii amount 10 ~ go prr Annum il
tu be carried to surplus account for period Of
hse years, add at The expiration Of that iimr the
directors may divide Il among the stockholders Of
record as they may deem proper.
II L expected hat from The Increased capital of
~ 90 now offered, the corporation can earn
place 'h' Company 10 a position to handle all ousl
Hrss offered to ininimum Of from $1,000 500 to
81 5o0 ooo worth Of construction aHsusY.
OBJECTS OF TIE COMPANY.
Company Of Fort worth, Iexa., Is az insorpo. rt9n
rated under the avs OF the state of ieSns for ihr
rurpOs0 Of the erection OF buiidiug- and the aecu
ma.ation and nan Of funds for tne purchase OF
real property In cities, and villages, and also
'or thr aceamal.iion and loan Of money.
uISfOHN OF THE COMPANY
The Fort Worth Security and Conjunction
COMPANY Of Port Worth. Texas, IL an ouigrowth
Of ana succeeded the Fort worth Loan ani Con
Inn lAaEu NTatt.
was he most successful corporation pf its kind In
"a" -1B'hwest. having, on "a capital Of 800 OGH
armed -. 900 net insidc OF two years II organ
~ Il Tdh slDOn capital In February. IN l--g. In
Grazing same from earning alone 10 800 900 tn
Aprii, issO, aud In December. i~lo. shows addi.
tinnAl surplus on eon-ervative valuations Of si25
40 Il il to push this business 10 greater prspuF
lions that thi. soo co preferred stock is now oher
I'D
The phe nominal net earnings of this corporation
shows why cousFrvstiyc investors demanding a.
snfcd div idends are turning from
hallway to Industrial Seen rifles.
fiS capital invested mostly in inside improved
property, wbIch Is constantly incrcasiug IN valbe,
f"riu permanent security for fidelity. uBd
for controlling tho sale the b. - secGdtie 10 the
state "A its officers among IT'S lArgrst stock
holders it- Affairs will receive theis undivided at
teniion. It j. not often that an investment. bear
ing such high rate Of dividend, cogpied with
absolute .afety !. offered TO The public
ITS GENERAL BU-isEsS.
In addition 10 it, construction depaF 1 II tran
-aetsa genera financial business. Il deals Ia icxas
surtiies for investor trust. fund and institutions
furnishes inf yrmltion and makes expert reports
nH the property OF indiyidunls, railway other
corporations, and pays taxes for non residents.
tusmtn stion aud Guarantee OF Titles.
liies to Texas real rstats and mortgages thor
aughY examined and insured, the chprgr Of which
vii be- made known before work u begun,
The option Is reserved 10 Subscribers 20 pay In
ial on application, or on the date of auy install
interest at iae rate OF per cent. per anuGm
will be allowed on such prepayments,
For further particulars address the MER
CHANTS NATIONAL BANK or THE koR,
MuHrH stJt RfIf & CONSTRUCTION CO ;,
Fort Worth. irNns jani6d0t