The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-04-13

>~8J2& y r..
The B0oklovers Library
SOME FACTS AND FIGURES
The Corporation has never had a promoter
or more enthusiastic or, for that matter,@a
more substantial endorsement of it's work
than in the present sale of Bo0kl0Veys Stock
The mail and teegraphic orders for Shares
have reached the treasurer from practically
every State in the Union. The sale will con-
tnue daily until this entire block of 10000
Shares has been sold. This is the last oppor-
tunty investors will have of buying Book
love&s at par No fuathcr announcement will
be made. No further announcement will be
necessary.
The BooAo,ers is library of absolutely new books.
After book has been listed six months it is withdrawn
and transferred to other library department. This
policy makes it possible to give Roorss members erv
The management aims to rental of ten cents
week upon each Boooers book and above operating
An SO fee for instance allows So for operating
and 95 for rental The fees average about $40 per
ber This library department. has at the present time
in the United States in Canada and in Great Britain
coee upon 100000 books actually out in the hands of its
subscribers
The Boooe>s has branches in seventy American
and Canadian Cities with complete organization of delivery
agents and representatives making possible to deliver
books at profit in practically every city and large town.
From its central library in Hanover Square, London it
readers Of this paper to know that the membership in
Great Britain already includes scores of the most dis
tnguished families. The English membership fees
nearly double those of the United States. :
The library established supplement-
that s very Bsfds va and se 9s @
76d extension shall revolving book
ia
the " ese Oil %S the satisfactory
We have other library departments which give large
promise but which yet only the initial stages of
ganzation; the Rugby library for children the 7abard
Inn plan and the Temple library for Sunday Schools
both good properties The addition Of these libraries adds
practically nothing the organization expense We have
the machinery The rents and salaries remain practically
the The larger we buy the more eheaply we can
buy The results have abundanty warranted this extern
During the past few months the demand from outside
for used books has shown very decided in
These orders from Carnegie and other pub
lie libraries and from few large dealers who control an
enormous country trade. -
and e 5
ing Of ten pei cent dividend upon
It has taken great deal of hard work to
build up this library enterprise and to extend
its influence. 1t has cost lot of money;
some of it wisely spent and some of it not SO
wisely spent; but every dollar spent with the
best purpose, and so far as the management
could discern, in the best interests of the bus
mess [ know of no enterprise which has
made itself SO widely and sofavorably known
in three years. Its policy has been forward
one. Its management has cndeavored to
discern the future and to anticipate and meet
the rapidly changing book and publishing
condition.
The Corporation is capitalized for $40 600 100000
Shares at $40 sach The cash capital is ST
100000 Shares at $40 each There remain in the Treas
ury 10000 Shares. OF this block 10000 Shares
offered at Ten Dollars The remaining 600 Shares will
BIS held at Twelve Dollars This is the last opportunity
which investors will have of buying Boooles at So and
this announcement will not appear again
The Boooe1 Corporation has paid dividends at the rate
of 10 cent per year since August l. 1900, The last
half yearly dividend paid on February 20th The
half yearly dividend periods end June 30th and December
81st respectively The corporation has bonded debts
and its stock when fully paid nassessabe All shares
become dividend bearing from the date of final payment
Dividends payable in February and August.
Q&ynex55i r..
1923 Walnut Street. PHILADELPHIA L
Application Form for BookloVers Stock
use wording below in writing out your applcation)
.~s- ..=.E": s<z. (Date)
Mr. JOHN E. BRYANT, Treasurer
1923 Walnut Street. PHILADELPHIA