The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-04-16
FINANCIAL.
FINANCIAL.
Extraordinary Opportunity
for Investors!
Valuable Securities at Auction.
Public Sale of Profitable Newspaper Property.
Controlling Interest of the Philadelphia ResOrd,
SALE. MAY Is, 1902.

SALE, MAY IS, 1902.
BY the Circuit of the United eastern
gust will for sale public auction
Thursday May 49, 1902 POI in the Philadelphia Bourse
at Philadelphia, Pa, the following securities:
Nine thousand and fifty (9,O5O) Shares
Of the capital stock Of The Record Publishing Compan of Pha
four hundred and seventy thousand dollars
(S47O00O) first mortgage Bonds
x per payable January and july executed by
The Record Publishing Company, maturing July 1880 Said
of all the parties to this suit and of all parties and
claiming by through or under them
All said stock will be offered parcel and all of
said bonds parcel No bid will be accepted for said bonds
less than the par value thereof and their accrued interest The
sum SOoo shall be paid by the purchaser of said stock or
bonds before the same struck OF TO such purchaser unless ne
shall purchase both bonds in which the
money first paid shall cover the second purchase
The purchaser said property shall cash the of
100000 the Special Master Commissioner within ten days af
may be applied IT, the shares and bonds be
chased by different each shall that proportion
portion the of his bid shall bear the aggregate bid for
of the purchase be paid
equal three and six months from the date of
evidenced the promissoy of the
chaser bearing interest cent from the day Of sale payable
Special by the de
post registry bonds pur
chased but for the certificates Of stock sold the purchaser
certificates issued in his NAME the be
forthwith deposited with proper of attorney security
for said deferred payments,
purchaser purchasers shall fail comply with the
of the bid order of the relating 10 the
purchase then the paid by said purchaser
purchasers shall be forfeited penalty for noncompliance If
such deposit shall be returned to the bidder -
NAV Special ac-
of the be paid the purchase of said property
price equivalent
holders said claims would be entitled
the entire of the bid paid iii cash.
Publishing Philadelphia a
incorporated June 18th 1890 under the laws of PENNSYLVANIA 1t
publishes daily and Sunday The capital of the
any is 81 100000 divided 500 each of
which viii sell $3.50 shares There funded debt of 100000
cent bonds due July 1st 1890 of which will
sell 100000 bonds Above by first mortgage
upon estate rights and other property therein mentioned and
The real estate consists of valuable lot of ground in the bust
Philadelphia situated
Building upon imposing granite building
5O feet wide y about one hundred and forty three ~ in en6
Chestnut fifty (50
depth from Chestnut Street called Ludlow
Street distance Of two hundred ana l feet In tbe
building piece ground fifty
in depth which would be available
scion Of additional buildings upon which heavy foundation
cupied by The Record Publishing Company and
Record Publishing Company complete,
Including GOss
sextuUle presses and sixteen ergentaer linotype maenes suf
printing 6 page daily newspaper
important part of the equipment has been purchased
for which about S15O000 expended Record Pub
Company also the Associated Press franchise
profits for nine years. commencing July Isl, 1892,
1901 without deducing
Indebtedness, average for each year $Z4z,86649.
advertising patronage 1.-THE Record" now,
proper
without doubt of the most valuable newspaper
ties in the world
Indebtedness outside of its bonded deo is
paid of cash hand (which January
Of the earnings of the company since 1898 mortgage of 100000
previously existing has been paid full and valuable
manent improvements made
will furnished intending purchasers
application the Special Master Commissioner For this purpose
bond reports Edward Noxcy expert accountant
special of the Comptroller the Currency
giving detail receipts expenses net income and columns
of advertising for each month from July st 1892 to january 1t