The Washington times., 1902-04-16
FINANCIAL.
FINANCIAL.
Extraordinary Opportunity
for Investors!
Valuable Securities at Auction.
Public Sale OF Profitable Newspaper Pro
Controlling Interest Of the Philadelphia Record.
SALE, MAY Is, 1902.

SALE, MAY IS, 1902.
BY decree the Circuit the United States Eastern
gust - 1901 will offer for sale at public auction at noon on
Thursday May 10 1902 POI in the Philadelphia Houe
at Philadelphia, Pa, the following securities:
Nine thousand and fifty (9O5O) Shares
dphia Pa value hundred dollars S1O0 share and
four hundred and seventy thousand dollars
(S4700OO) first mortgage Bonds
x per payable January and july executed by
The Record Publishing Company and July l. 1880 Said
securities the claims interest and liens
of all the parties this suit and of all parties and
claiming by, through, or under them
All said stock will be offered first parcel and all OF
less than the value thereof and their accrued interest The
of s5Oo shall be paid by the purchaser of said stock
bonds before the is struck off to such purchaser unless he
shall purchase both stock and bonds in which the earnest
money first paid shall cover the second purchase
The purchaser of said property shall cash the of
100000 Special Master Commissioner within days a
ter such SALE at the expiration of which period confirmation of sale
may be applied for IT. however the shares and bonds be pur
chased by different each person shall that proportion
portion the of his bid shall bear the bid for
and bonds The balance of the purchase price be paid
SALE the to be evidenced by the promsso of the
chaser bearing interest at cent from the day of sale payable
the Special Master Commissioner and be secured by the de-
post the registry of said of all tie stock and bonds
certificates be issued in his the be
forthwith SO deposited with proper powers of attorney security
If the purchaser purchasers shall fail comply with the
the bid order of the court relating the
nation of said purchase then the paid by said purchaser
purchasers shall be forfeited penalty for compliance If
sale for which deposit made be confirmed by the
such deposit shall be returned to the bidder
Claims against William singery secured by said stock and
the Special Master Commissioner
count of the be paid the purchase of said property
such price value would be equivalent to the dsbutve
amount that the holders of said claims would be entitled receive
in case he amount of the paid IN
The Record Publishing Company of Philadelphia is company
publishes daily and Sunday The capital of the
slOOO0oo divided into 10000 shares of 500 each of
which will sell $3.50 shares 100000
first mortgage cent bonds due July LIST $780, of which will
$4,000 bonds Above bonds mortgage
described.
centre of Philadelphia and situated the Post Office
Building which erected imposing granite building fifty
go wide by about hundred and @ depth
The lot contains in front said Chestnut Street fifty go feet and
in depth from Chestnut Street oa street called Ludlow
Street distance of hundred and twenty ODD feet In the
of the building is piece Of ground fifty 900 feet in width and
6 feet in depth which would be available for the
of additional buildings which heavy
The granite building
cuied by The Record Publishing Company and the remain
ing space rented annual rental of $4,000.
The Record Publishing Company complete
sextup and sixteen egenhaer linotype macines
fcent printing sixteen n6 daily newspaper
part the equipment purchased
within the last three out of the earnings Of the Company
$50OOO expended. Pub
fishing Company also the Associated Press
The NET profits for nine years commencing July i 1892
Indebtedness, average for each year, S242,S6S.49
advertising patronage of "7he Reeord and for
past has ben large and profitable The
of valuable
in the world
Interest on it's bonded Indebtedness is paid to January 1s
1902 Its Indebtedness debt relatively
be paid out of cash hand (Which January
SOB S96 and leave cash balance
earnings the company 1898 100000
previously existing has been paid in full and valuable and
man Improvements made.
Detailed will hefurnisled intending purchasers
Special Master For this
pamphlet has been printed containing picture of building copy
reports Edward Moxey certified expert
special expert of the Comptroller of the Currency of the United
States II. H. York
giving detail receipts income and columns
each month from July 1st 1892 January
description of real mechanical
equipment and all other information An opportunity
application. will he afforded intending purchasers make
reasonable examination of the real and plant
be necessary.
Address all inquiries to
JUfi JAMES M. BECK,
Special Master Commissioner
ROBINSON
BUILDING PHILADELPHIA,
NJ THOMAS & SONS,
Aucioneers
Oh 1919 and 1921 Chestnut St,
LIZ