The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1902-07-27
A CARD.
Offices of the
z. ]. ARNOLD & co.
Cooperative Stables,
st, Louis, Mo.

Cooperative Stables,
ST. Louis, Mo.
To our Friends and Patrons.
Over three years ago when we started
our Cooperative stables, there were no
Turf Commissioners or Cooperative bet
ting propositions In existence SO far as
we knew or ever heard of, but after we
became an established success, our
methods were initiated by irresponsible
people everywhere, until the country was
full of such propositions. Most of these
concerns advertised a greater earning
capacity and larger dividends than we
were paying as a reason why investors
should patronize their propositions; and,
we regret to say that they were instru-
mental in inducing a great many to with
draw from us and give their money to
Them as is evidenced by endorsements
on our checks which were sent in settle
ment of accounts with US. Nearly all OF
these, however, have since been put out
of business, having lost the money and
the confidence of their patrons, and their
failures have resulted in runs on us ev-
cry time one occurred, in consequence Of
loss of faith in all Turf investments.
That we have met all Withdrawals
promptly on the day of presentation Is
evidenced by the fact that we hereby
challenge contradiction ard IssssSsss'aly as
sert that there has never been time
not perfectly good for our every obliga-
ton and promise.
We do not wish to be understood as
implying that we have the only reliable
Turf proposition. There are others that
have weathered the storm of the many
failures and are doing business today,
but speaking for ourselves, personally,
we want to impress upon you that the
confidence that you have given us has
not been misplaced.
During the entire existence of the firm
of e. j. Arnold & Co. We have never
failed to pay a weekly dividend to every
investor with us of at least as much as
three go per cent on the total amount
so invested, and 1t has averaged more
than this, year in and year out. Last
year, 1901, we paid for the 50 weeks a
total of $312.73 profit on each 800 handled.
| On July 1st 1902, we changed from pay
| ing PRO-RATA to a fixed dividend Of
| three go per cent net, guaranteed each
| and every week. This we agree to pay
under any and all circumstances. As to
whether or not we shall be able to do
So we present our past record and the
testimony of our banks to the effect that
we are, on the strength Of our large re-
serve capital fully responsible for every
obligation.
we trust that you will not associate
us with any "get rich quick schemes
! Ours is a legitimate business licensed by
the state of Missouri We own and man.
age one of the largest and best racing
| stables in the West, as may be confirmed
by reference to any Racing Association
In America. We are book-makers at the
various tracks. and judging from the
encomiums of the press, we believe We
are we'll ana favorably considered where
horse racing is known.
AS to our personal responsibility and
solvency. we can give you unquestiona-
BILE evidence that we are perfectly good.
Not only the evidence of our personal
friends, but of Banks, Trust Companies,
Commercial Agencies, reputable business
men of st. Louis and prominent men ev-
erywhere.
Any further information that you may
desire about u.s. we shall be pleased to
furnish. Respectfully
E. j. ARNOLD & CO.
Benoist Building. st. Louis. Mo.