New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-06-17
COLUMBIA OIL GO.
Capital, 100000.
Incorporated Under the Laws of
Illinois.
THE ILLINOIS TRUST AND SAVINGS
BANK Of Chicago;
TIE SUFFOLK TRUST COMPANY, Ex-
change Building, Boston, and
THE HOLLAND TRUST COMPANY, 81
Nassau st., New York,
Will Receive for subscriptions
100000 Ftr.t Mortgage per cent. Bends, beng
series Of 400 bonds OF 81 900 each Principal payable
in ten years. or redeemabe within Eve years at los and
accrued interest Interest payable annually dec.
l and June 1 Of each year, in NewYork, Boston and
Chicago.
TRUSTEE FOR BoNDH0LDERs,
The Illinois Trust and savings Bank of Chicago,


The Illinois Trust and arings Bank OF Chicago, Ill
The subscription list win be opened Monday June
%. at 10 o'clock and closed before Wednesday
June 81, at D. m.
Total issue limited to 100000, and secured by
first mortgage all the present and after acquired prop
ery both real and personal Of the Columbia oil Company
The property owned by this company IL entirely free
from ineumorance, and It's present plant Annually
sufficient profit to the interest the proposed issue
Of bonds. and fair dividend upon the capital stock
The proceeds Of the issue Will be expended in the
tension OF the companys plant thus increasing the
ty Of the bondholders.
In addlt on. the bondhoders viii participate in the
profits OF the enterprise, AS EACH SUBSCRIBER WILL
BE GIVEN BONUS OF so PER CENT or THE
FACE VALUE OF THE BONDS FOR WHICH HE
sUDSCRIBES I'm fully paid non.a stock OF the
company. and the requisite stock has already been
ferred a trustee for that purpose.
It is fact evidenced by years practical working
OF this cOmpanys system that the stock thus given as
bonus VIII be Of very great value.
This company will carry the Manufacture OF Cotton
Seed products owning valuable paints and processes
Of manufacture, which enable 1t produce the same
cheaper than by any other known methods.
Only about onehird Of the cotton seed raised In the
Uned States present utilized, that the supply
OF material for the business IS practically unlimited
and the may be said OF demand the finished
products The business has an assured and growing
field.
After the completion Of the additions to the present
plants the company will be able to produce r. COO barrels
Of oil and 900 tons Of cake annually, which would
leave. AFTER PAYING INTEREST on ITS BONDS
AND ALL OTHER EXPENSES A NET PROFIT OF
ABOUT 30 PER CENT on THE CAPITAL STOCK
OF THE COMPANY.
1t is believed with the good security offered and the
bonus OF stock given. that safer profitable
investment has been offered to investors.
The bonds offered at par, payable ; follows:
20 Per Cent. Payable on Application.
30 Per Cent. Payable July 10, 1891.
30 Per Cent. Payable Aug. is, 1891.
20 Per Cent. Payable sept. IL 1891.
Each instalment bear interest from date Of pay.
ment
The bonus of stock Will be given with the last pay.
meDt.
Scrip will be issued In exchange for Trust Companys
receipt, and when all the instruments have been paid
this scrip win be exchanged FOR Coupon Bonds engraved
to meet all the requirements Of the New-York Boston
and Chicago Stock Exchanges.
The right is reserved to reject any application and
close the subscription list earlier than the date named
TO allot smaller amount Of Bonds than may be ap.
piled for.
The Trust Mortgage and Bond have been prepared
and approved by the Counsel Of the Company and Of the
Illinois Trust and Savings Bank Of Chicago, and copies
Of the may be and application forms obtained
at the offices Of the Company, IS Commercial Bank
Building Chicago, the Illinois Trust and Savings Bank
Chicago; the Suffolk Trust Company, Exchange Building
Boston and the Holland Company. Of 81 Nassau-s
New-YoTk.