Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1892-03-23
REPORT OF
Examining Committee,
Lombard Investment Co.

KANSAS CITY, Mo, Feb. 10Th, l5s!.
To II, stocthoifers and fn1estors Of tas Lonbard
Invssfment Co;
The undsrsigued at the request Of many Of the
larger ,toethoidsrs, aad the managing officers of
your Company, have recently visited Kansas City
and siysn al extended and eireiai eSa nina,iou
OF the Afsirs Of that corporation Ia their impo
lant detail aad nov submit
FIssr that every facility that could be Desired
% accomplish this resgt NOS. cordially xraai
ed By the officers and en- lpyes Of the COMPANY
sKcoND Iha. the various departments into
yhlch the Comp Auy's bu'idess Is diyid I'd we're
foua TO DR. under the care Of experienced and
faithful managers. whose system OF accounts was
found 10 be al nirable
THfRD The value OF the farms in which the
company /. Interested could nJt. Of course. be
estimated be- personal visits thereto, but We have
made special ef1rts TO arrive at a iust estimate
OF The real value OF this property, realizing that
1t I. one OF the mJst important ques ions for US
10 consider For greater c.earness, brief men
ion Is made Of the methods pursued and actual
facts obtained by which go aoiu 'ons were reached.
It VA. tount IN t taos hsvius tArgi Of the
Reai E.tn;a De ,sr IN at have sept very careful
record Of ail the ite ns OF cost Of each piece Of
property, From reports ot examiner. sent 70
lous a. the farms. from actual 0Tef- made, and
in other ways price was liked a. whie ~ es-
fmated IT, Ereseat value. Taxing tdess value
aai comparing them with the re.uits OF Aotaa
sales It gAs cIearly al own that thn bu1,s real
lssd exceeded tho price At which the Company
estimated The property ia its assets.
Having aritfrd a; this < nsral, and what prov
a tous very sststaet)r, results, iss sales ware
tAkeB covering all the iransse ions over gwen
.e,,oa and .ft~r rh ,tg ug these properties with
-. -. a,,t,,..,,r. io,,.
~ a1''A'' '7''' ''''' OV'''' N7""
t,t aui interest on slols thus at7anced, the
,,o,un, ,,,l,,,t .hnyes a sub4,anli,ip oft
-, ,,,. ,,,.,,.r n, og. ~
Hh'e "nstS " IN 'ui' ""fA "''i VI 0"' -
we're rs,lyrd AM sales made, and these tnvat.
,.htv ..ored tnat the nrts.sat which tn. Com
'S"Y '"' '''' -. ,,,,-,,,at
psny 'Hti"1 ~ lanh tau WHICH uHFI 'Nu'eu''
the coat, ~. Fc cougtrN itiye-
F,p,r ry A. .,pii -e,tpc rh,t h,a brcuslii 70.
-, trs -, y.ln, al ,xh,ch ,t,- t,olnuauy car-:rs
if',saI t.,s., +, n. I. Is,s thr 10 wing Wi hc
.s-,t ,-.,,,.,u- Iya,y al. o.. nr1n r v in
ssr..s taini,ytnth4,o onptny wuh a
,tnvI tr4f, 90, rit,1, u a. examined Va ue xas
-, - y,,b .t,.' d.. a .,t =, car, f,Ii and ll. N
t, ti's,u s' .. n ,,.r, nte,, b,' inAe'.ntrnt Ar
,ts 10, - ,l,n, AZ, ,yail Ia ,rmcJ Ct zen,
80 H. ~, a. s,,aS'i,'r thal me agErrg4t,.
,'i,. ,n,,. ,.,.t ,,s+irrxT "a a tia out anon ,t
h ,,, ,,, .,,. In - g,gnt 1T asset4 stngs
,. ,tt,,,., , nal tr..r, nave b en- made
80. -. 'i -, tiyher uri.i.. tha.
IN =. a. vyii1b ti,,., f..r4 spcrsls.d
w,n ~. - th,,a rgstiv established and
ii a.. a. q, .,,,,t,n1. produad to sbo y
- ,, ~" , i ss,.t .spr,t.Ily far N
~ w. I ,,,., s,o,,[tstiny tn, conc usi u
. ~, '', 't - IN. f'ou,any will even.
- H., -. !, .,,,.,,, NJ nrah-
"a ~ 49, ~, ~, - a. F,,,,, r,, mi a,t,utiop
Nv ,..t,s,,. a,d an, pipa . 4 "a
~ W. .ssu..',u ~ a.. l. =, - 4 ,,ndftt,n Of tbr
ma, ,bn G,.nnanv ha. been compelled to tex
..,.I.' y II 1,.tt- ~. ,iie a. NOW turu.d
,u',i,' ~ ~, ,,x,,., Z, at II viii seli thu
s"ii :. -. n,It4 ,,rch f,.Ttr man T. wtl
s'.' ,1t-,t,,,,l raI rsr.,s mi. ts plans
Ecr are AAl'i"na, ~ % 80, ,bt. h, q,
.I, 'tn' Nv a.oso of m r.seze. an tor oin urs
49, ,',,t,,,,,',i ,d .,r settled by al drWuquenr
-, =, -. r,.lpv IA AIN tuU Thus r.in-tsr
tu',,.' s' - H.. = Iesat douhl4 T.,
Iug ~. we, n.t ,-,,, t.s enr,nsnnndlny II, intl
s,noun' r"lt's" ""'''k NV
:" ,'' y'A i, ,,., ,,-s,psi pronarfy In cladpi 10
ii, -. ~ w. -. W, AZ e. fist lasT srtfa