Graham guardian., 1902-09-12
DsfieS the Whole Banking World
And AdVefiSeS That he
WILL Do WHOLESALE FORGERY.
Through a Corporation, Capitalized at
$40, 900 a Profit of 300 Per
Cent is Insured.

The Neo York Herald prints the
following remarkable articles Of
incorporation, concerning the
service of Charles Becker, "a motor.
ious forger, who has just finished a
term in the penitentiary:
announcement of the Incorpora-
ton of Charles Becker, Talented
Forger.
coffee of Spaulding, Fontaine & Co
No. 1876 Wall Street, New York
City.
I'VE beg to announce that we
have acquired, as syndicate man
ayers, the entire issue of common
and preferred stock of Charles
Becker, incorporated under the
laws Of New Jersey, and will offer
it for public subscription on or
after September II, 1902. The
subscription books will be open at
9 a. m. at our Offices in this city,
Philadelphia and Boston. The
firm reserves the right to close the
subscription without notice and to
make the allotments of stock in
such proportion to the amount of
the entire subscription as may be
deemed expedient.
The preferred stock will be Oft
cred to the public at 800 for each
share of par value of 500, and
each subscriber for one or more
shares Of preferred stock will re.
ceivc as a bonus one share of com
mon stock for each of the preferred
allotted to him. The terms Of the
subscription are as follows:
Fifty per cent cash must ac-
company each subscription, $50
share additional thirty days there
after, and the remainder To be
paid on January |. 1903.
Certificates Of subscription will
be mailed as soon after the close
of the books as is practicable, and
will be eXchangeable for stock cer-
titicates on and after the date of
the final payment.
Charles Becker, incorporated,
is authorized TO do general forg.
ing, checkraising and fraudulent
paper business By the terms of Il
contract entered into with Charles
Becker, the company has for ninety
nine years, or during his entire
life, the exclusive right to the pro-
fessional services of the said
Charles Becker, under whose per,
sonal supervision the business will
be conducted, and who expressly
agrees, by the terms Of the said
contract, to relieve the stockhold-
ers of all liability for his acts.
The company in return for this
agrees to supply tbs same Charles
Becker with ample funds for con.
ducting and safeguarding his en-
terprises
"The syndicate managers, on be
half of the corporation, desire to
say that the services of Charles
Becker were procured only after II
very active competition with vari-
GUS banking companies who rec
ognized his ability.
"Charles Becker, incorporated
is capitalized at $4,000, 900, which
is divided into S5,0O0,000 seven
per cent cumulative preferred stock
and S5,000,000 of common. From
a knowledge of Mr.. Becker's abili
ty the syndicate feels that it can
reasonably promise steady divi.
dends on the common stock, which
will far exceed in amount the re-
turns from the preferred.
"With the capital with which
the company will be prepared 70
furnish Charles Becker for his
operations, it is not unreasonable
to presume that the company will
be able to earn no less than 800
per cent on its entire capitalization
in the first year providing nothing
happens to Charles Becker. Very
respectfully.
"Spaulding, Fontaine 4 Co.
Syndicate Agents.