The Montgomery advertiser., 1902-03-02

safely. where 1t will bring . good divi- fend. The company believes that in this way 1t will secure the influence and good VIII of each stockholAer, which will be worth great deal. They can pl8ce this stock with the Northern capitalists or with their manufacturers. but they want to sive preference to people in their own State, preferring that they reap the benefit of the investment. The capi- tai Is noo. .ooeoo s1so.oo0oo of this is com mon stock. owned by three officers. fully paid in and unincumbered. The other S5o. COCO is preferred stock, which will pay . straight dividend of 6 per cent, payable promptly on January 18th of each year. The company pays all taxes: therefore. you secure 8 per cent. clear on your investment without any expenses att tached. The preferred stock is undoubt- edfy as good as a real estate mortgage. because it is practically a mortgage on the common stock. The holders of the common stock will have to lose every cent invested before the holders of the preferred stock will lose any thing
 "You will readily understand that this Is no speculative scheme of the company to make money by selling stock. We consider this a fine investment for ladies who do not want to be bothered with lending money and collecting 1t each fall. or looking after rents, and for those who have small surplus laid away in the bank for safe-keeping. In making this you are as safe :as though you had placed the money in bank or bought real estate. At the same time, 1t earns good per cent. and should you desire to sell the stock, the writer agrees to buy on January 1st of each year and will pay par value for the preferred stock that any stockholder may want to sell. provided he is given thirty days notice. The company will furnish statements to stockholders at their request.
 eff you feel interested in this move- ment, the writer will be glad to, hear from you and will % into detail concern- ing anything abcnt which. you may wish to ask.
 For reference we give you Holloway & Holloway, attorneys of this city, and the Merchants and Planters National Bank of this city. ,Ienereen County Savings Bank, Birmingham, Ala; Anniston Na- tional Bank. Anniston. Ala. Exchange Bank of Rome, Ga, and Peoples Bank, Mobile, Ala.
 'would be pleased to hear from you in acknowledgement of this letter. If you do not care to make the investment your self and know of any one who might be interested. will you please hand this let ter to any one if requested?
 Yours respectfully.
 "E. E. Forbes Piano O..
 "E. E. Forbes. Prest.
 'P. S.-we are determined to make this the best year of our business and want to increase our sales over last year at last 25 per cent. without any additional running expenses. To do this, We want at least one agent in each county. and if you know of anyone who is reliable and would make a good agent. would be glad if you would furnish us with his address. It costs Us something to find people who want to. buy pianos and organs, and we are willing to pay you $500 for any pros pect you will send us if we succeed in selling them a piano this year and $2.5o If we sell them an organ. We will not let the prospective customer know that you sent us their name, but will file your letter and as soon as We succeed in sell ing them will at once forward you check for the amount above mentioned. Or, if you use your influence with such parties to help us make the sale, we will double the amount. Would be pleased to hear from you and appreciate your patronage and Influence.
 Thanking you in advance, we beg to remain, Yours respectfully,
 "E. E. Forbes Plano Co.,,
 adv. ''E. F. Forbes. Prest."