Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1891-01-17

KIMBERLY. ROOT & DAY.
Security the First Thought, Prof
it Afterwards.
The M I: GaAA ESnl GAI 49Al4g! BANK
AS Registrars and transfer agents offer at par,
50 cent on se entire
ssn S0 STOCK Re Of e tse pFs's''eo '~'' ''
Fort Worth Security & Construction Go.
Whose capital ct 81 %Sefs
s3OOoOO per cent. common stock. The entire
issue com%o % stock having been taken by clTi-
How Dividends VIII BE Paid.
As this corporation, in addition to its other
valuable, mostly inside, real estate, owns In the
mercial buildings south Of St. Louis in the uni
ted States known as the Hurley ONCE building
bniIdine for WheR the charge for rentals is
$50, 1913 annually. It has been agreed by the d.
rectors to set aside 81 600 from these rentals
dend the AND that
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 preferred and common OF
per cent, thus making the preferred s 10 PEI PEI
earnings above sufficient to pay the above divi.
dends, which will amount to $4,000 per annum
Of five years, and at the expiration Of that time
| ers of record as they may deem proper.
It is expected that from the increased capital
Of $500 o00 nov offered the corporation can carr
place the company in position to handle AZ al
business offered to minimum of from s., 0O0, OO(
| to 81, 500, 600 worth of construction annually.
The Forth Worth Security and CONSTRUCTION
pora Rd under the laws Of the state Of Texas To-
| the purpose of the erection Of buildings and tn
accumulation and loan of funds for the purchas
| Of real property in cities, towns and villages
and also for the accumulation and loan o
money.
The Forth Worth Security and CONSTRUCTION
Of and succeeded the Fort Worth Loan an
Construction company, December 31th, 1884,
which was the most successful corporation
kind in the sonthwest hs9ng on cap
in February in 1882 nd increasing same 1ao fro1
alGas Shows IN Ap additionS
plus on conservative valuations of $1250O0.
is to push this business to greater proportion
ton shows why conservative investors demandin
assured dividends are turning from
| Its capital invested mostly in inside improve
property, which is constantly increasing in valu
controlling the sale of the best securities in Il
state. AS its officers are among its largest stoc
holders its affairs will receive their undivided a
tention. 1t is not often that an investment, pea
, ing such high rate of dividend, coupled with a
solute safety, is offered to the public.
: Its General Business.
\ | In addition to it's construction department
transacts a general financial business. It dea
in Texas securities for investors trust, fund a.
0 institutions; furnishes information and max
| expert reports on the property of individual
railway or other corporations, and pays taxes
non-residents.
. Examination and Guarantee of It'll
= Titles to Texas real estate and mortgag
= thoroughly examined and insured, the char
of which will be made known before work is
| gun.
The option is reserved to subscribers to pay
full on application, or on the date of any inst
' | ment.
Interest at the rate of Z per cent per annu
j., will be allowed on such prepayments.
u For further particulars address the ME
G | CHANTS NATIONAL BANK or THE FOL
u WORTH SECURITY CONSTRUCTION G.
= Fort WORTH Tex. ia10 1t jaA