The World. [volume] (Martinsburg, W. Va.) 1891-1896, 1892-06-07
A FALSE STATEMENT.
WORKING ON TIE MORE IGNORANT
CLASS.
a MISLEADING cIRcuLAR-R REPRE-
SCENTED a. COMING FROM oUR
own cfTizENs.

SCENTED A. COMING FROM our
own CITIZENS.
Foreign building associations have
not been meeting with such good ~
suits recently. One association has
evidently adopted another turn to OBJ
tain people on its roll Of membership,
with the determination OF doing busi-
ness here-but, unfortunately, the
turn is decidedly a fraudulent. decep-
tive, rlscally, and thieving one. AS
our ground for this statement we pub
lish the following circular, which is
being distributed around the outskirts
of the city. None have been distribu-
ted among the more intelligent people,
and we are reliably informed the
agent are combining themselves entire-
lly to the more ignorant class Of people.
The manner in which the circular is
written is misleading, and the state
ments contained in II toeffect that I'VE
have no local associations" ETC., are
lwillful and malicious lies, and II Is a
grand fraud being practiced on
a class of people unable to protect
themselves. Read the circular, pat
IRONS, and let us have your view Of the
matter. Its rascally purport il con-
elusive on its face. 1t is as follows:
"A MOVE IN THE RIGHT DIRECTION.
Over one year ago a local branch Of
the MIDDLE STATES LOAN, BUILDING
AND CONSTRUCTION COMPANY, Of
Hagerstown, Nd, was organized in
this place by the general manager, a.
III. Eyerly, with number Of our best
citizens as officers and directors. Since
| that time quite number more have
taken stock, and are well satisfied tina,
| it is good institution and perfect,
| safe. Diligent inquiry was made witt
reference to the Home Office and til,
workings and manner in which th,
| institution is conducted, and every
thing leads the people to believe thai
it is not only safe and makes fine in.
| vestment, but that il Is one ofthe best
institutions Of the kind that there is,
and that onr people will take hold oil
| itand push the matter in our town, al
we have no local, and this gives us all
the advantages that local does and
many that local cannot give. Thus
far all our dealings have been salts
factory. We have found the Com
pany to be liberal and they have done
just what they promised. An effort il
now being made to increase the men,
bership here, and we urge the people
that if they wish to save and make
money to take some stock in the com
pany. The plan is liberalNone. The
shares represent 800 each, and you
pay 81 when you subscribe for stock,
and 60 cents per share each month
thereafter, for about seven years. In
which time it is estimated that the
stock will mature. a member can
withdraw after six monthly payments
in dues have been made, and get back
all he has paid in, with six per cent.
annual interest for the average time.
The admission fee Of 81 per share can
not be Withdrawn, but member has
the privilege Of selling his stock for
that amount to some one else. An
effort is now being made to get more
stock subscribed for. It perfectly
safe, as the money is invested only in
first mortgages on good real estate.
Money is loaned to the members at 6
per cent. interest, and no premium
charged The home officers that
handle money or all bonded. Last
year a dividend of 25 per cent. was
declared and credited to all stock In
force at that time. A canvass of the
town is being made, and we wovld
urge the people to take stock and treat
the agent kindly. If you want to-
make money take shares; 10 shares
viii cost $40 for first payment and So
per month for 81 months 1904. You
then get $1,000 in cash, a profit of
$496. Now is the time to take stock.
PEANUT socIABLE.
The young people Of the First M. E.