Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1897-03-25
A N
or the Guarantee Bond and Say
ings, Go.

Recognizing the fact that the
great mass of our people can not
afford to purchase and own
homes, as offeredto them through
the Building and Loan plans;
nor, is the return for this saw
ings in z or 8. years a sufficient
inducement to the non-borrower
to invest his small savings. And
recognizing that the Life and
Accident Associations only offer
indemnity in case of death and
injury. and contribute no returns
for savings in life and health.
Without disparaging the meth
DDS of either of these Assocla-
tions. but desiring to furnish a
mode OF investment for small
earnings AMI savings not sup
piled by existing plans, the
organizers of the Guarantee
Bond and Sayings, Company of
Georgia have supplied this long
felt want ia the following mans
ner:
BY the Issue of Bonds Of the
face value of one hundred each
due and payable in thrae years
and eleven months from the date
of their issue.
The Investor pays for the
purchase of each bend, one doll
lar to the agent on delivery, and
by saving and d~epositing 60 cts.
each week, he natures his bond
of 800 in the time named, and
earns in addition 4 per cent on
each payment made oy him from
its date.
It is thus seen that every 60
cts. invested, the investor earns
his 4 per cent from date of pay
ment, and realizes an interest
bearing capital on each weeks
small savings.
After payment for II months
the holders of each Bond is
guaranteed a loan upon his Bond
without further security being
required, of 80 per cent of the
amount paid in by him-thus
obtaining relief against any miss
fortune which might overtake
him at that time, as the loan SO
made, if SO desired, could be APP
piled by him in keeping his
Bond in force for the term of 81
weeks-without any further
payment-but of course this il;
only a suggestion made as a pro
lection against forfeiture of the
Bond-as the money borrowed is
in the absolute control of the
borrower-and he could use the
whole amount borrowed and con-
tinue his weekly payments at his
option.
Should the holder of any Bond
die during u months from the
date of his Bond the entire amount
paid in by him is at once due and
payable to his widow, heirs, as
signee or such other person as
may be designated by him-so
that death depriving him of the
ability to continue his weekly saw
ings, his whole earnings are re
turned to those he designates and
his thrift is rewarded and his loved
ones benefited.
Again, should he continue his
savings for u months and die
after the expiration of that time
and before his bond actually ma
lures, g years and II months) the
face of his Bond (S1OO) and ALL
payments made by him are i'm
mediately due and payable to his
heirs or other person named.
So that after IL months savings
he has acquired indemnity upon
his life, which could be otherwise
only acquired by a high-prit ed
life policy, from which he could
only realize upon death
while here he realizes in
either event. The cash in full to
him with interest if he lives 3
years and II months, or the full
amount of bond and all payments
made, if he dies after II months
and before maturity.
You need not live to win, nor
lose if you die. The bond is only
forfeited upon failure for 5 weeks
to continue payments. A liberal
provision against pressing pres
emit necessities.
Before placing these Bonds with
my people or securing the territory
of North Carolina, | caused to be
made a strict investigation of the
character and ability of the home
Office at Atlanta, Ga, personally
through one of our attorneys
Owen II. Guion), and while salts
fed that the men who have organ-
izedthe company IRE amongthebest
business men and inanciers in the
State, the full list of officers and
directors being furnished by me
through the prospectus sent out
by the home Office, l feel that our
people would be better satisfied,
and l could do myself and them
nx rn w~r or-