The Providence news. (Providence [R.I.]) 1891-1906, 1896-11-28
In Response TO Many Inquiries from
all Parts Of the Country About the
Railway and Dock Construction Co.
The Officials hereby give full informa-
tiOn in Regard to the Company, Its
Business and Prospects.

full paid and unassessa BILE stock olders
have no individual liability whatever.
The company has no Indebtedness OF
any kinds In cold financial condition
and, as there are no bonds nor mort
cages, all the earnings 60 to the stock
holders.
Many prominent men In banking, rail-
way and financial circles and other ex-
pert judges Of stock values predict that
this stock will pay large dividsuds and
will sell at over 600 per share ior the
following reasons:
The Railway and Dock Construction
Company controls all the rights, titles,
patents and interests In and the sole
absolute and exclusive right to manufac-
ture and sell the new indestructibIe pilss
that do away altogether with the millions
of wooden piles heretofore used every-
where.
Nothing can compete with tho inde-
structible Pile in the construction OF
piers, docks, oulkhesds, sea-walis, foun-
cations for bridges, lighthouses, tctties,
break waters or other Improvements In
rivers, har bors or on the sea coast.
This pile is an absolute necessity In
railway trestlework, as 1t guarantees
safety, and 1t will last forever, and there
Is an enormous demand for 1t.
Applications are pouring in from en-
gineers, contractors and railway officials
ell over the United States. These men
are quick 10 see the certainty OF proat.
They are, perhaps, better able to judge
/ ~ tnta al of
1891 railroads 373 of these railway COM
psnies are now preparing to build 20,5a7
| miles OF new line. The great superiority
CT the Railway and Dock Construction
| Company's system Of solid, substantial,
ipdestructible trestlework Is causing tins
dema nd in this special field.
Estimated earnings from this one
source of profit will pay 81 per share an
nual dividends-this is equal to 35 per
bought now at present price OF SEQ per
share.
Other and larger sources of profit will
come from contracts now in view, wiz
In place of the old wooden docks, COW
cred by temporary sheds, which now dis
| figure the water fronts of our cities, this
company build solid, d,inoestructib ble piers,
| on which permanent iron, etone or brick
buildings are put up just the same as on
land.
Private owners of dock property %
well as dock officials in the numerous
cities are becoming aware of the great ad-
vantage OF using the Railway and Dock
Construction Company's system OF build
ing indestructible piers to make . solid
foundation upon which large buildings
can be erected, from which they can get
big revenues for rentals, ETC., Look at
the increase of taxable property this now
system of dock construction 10 certain
to cause every where.
in projects now under way over $780,
| O00, ,0JO will be spent In improving pavi-
| CATION In rivers, bays, etc., throughout
the country on jetties, brcakwaters, and
other work in whicn the inaestructirle
! pile is a great necessity.
| The city of New York is spending
80, coo, 600 year improving the city water
| front.
In q private conversation Hon. j. ser-
geant Cram, ex- Presi dent Of the Board
| OF Dock Commi missioners, said: "There Is
an immense fortune In this company's
system of construction"
The u. s. Senate Committee have re-
| commended the expenditure OF eighty
| million dollars for the protection of our
seacosst. About ten millions q year will
be spent during the next eight years.
The United States Government spent
about $40, ,000,0OO in deepening the en-
trance 10 the Mississippi to divert tidal
action by ola style work, which will be
| supplanted In future by the Railway
and Dock Construction Company's
system; si,oOO,oJo has already been
expended on the two immense
| jettes in tho bay at Galveston; they are
simply loose rock dumped into the
water. Each jetty is about 4i2 miles
long and forms continuous pyramid
100 feet wide at the bottom, tspering to
| 15 feet wide at the top above the water.
The Railway and Dock Construct ion Com
pany huild indestructible jetties OF the
same size ut the bottom as the top
and save this enormous waste OF stone
and labor.
The "St. Louis Critic" strongly advo-
Gates the adoption of this compsny's sys-
TEN OF indestructible jetties to deepen
the Mississippi at 81. Louis.
To provids additional funds to bid for
! and execute some OF this work, the COM
pany offer 20, 900 shares to tho p.blic In
lots TO suit at the low price Of 5000 per
share I'm order TO have the STOCK quickly
taken. There ara no saiaried officials.
| Tho money derived from tho sale OF
stock, when not used in profitable con-
struction work, remains in the COM
pany's treasury.
Many leading marine engineers and
experts say: "rhis company's system
OF construction is coming into universal
use in building all Improvements In