The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-03-11
5|NsTALLMENT IS
A POPULAR PLAN
The Man of Small Means Can Be-
II come Owner Of
Home.
STANDARD TRUST COMPANY
Concern That Loans Money to
People Who Want to Build
/ Homes.
STANDARD TRUST COMPANY

Within the last five or six months, Nr-
glnia has felt quickening movement
along til, line Of money-iending. and real
estate exchanges and Improvement. par
tcularly In Richmond and n careful in
vestigation of the causes show that in
tr,nched among other institutions u
very strong company known as the Stand
ard Trust Company, whose business meth
DDS have attracted no sniait amount of at
.tontion and created widespread interest
This company was chartered in 1903, with
nm authorized capital of s500,oCv and that
its plan of operations has met with the
highest approval of the masses o. the
people can be readily seen by the vol
ume of the business donetand the extra
ordinary growth of the company from
the TIM 1t has been in business. IT is
one of the largest loan companies in the
41inited States, with Offices in ten States
This company has placed over $780,
900 worth OF business in fifteen different
States, within the Lass two or three years,
of which $4,000 has been placed in the
Nirginias and Kentucky In the last five
months.
Tive company issues a contract that
reminds one very much of United States
gold bonds, because all its funds are
invested in improved real estate and not
in stocks that might depreciate in value.
This contract has two leading features.
viz: Loan and investment. which are
worthy of the most careful consideration
OF any conservative investor.
The Loan Feature.
when the contract is six months old
and So is paid on same, II is eligible to
the loan of s1,0n1, and If loan is accepted
ut that time, the borrower returns same
at the rate OF $40 per month. plus > per
cent simple interest. The rent of a home
will more than make these payments and
leave nice margin in clear cash every
month. In fther words. the borrower
In converting his rents into paying for his
home and at much less cost and in a
few years he owns nice home instead of
a large bunch of. rent receipts that have
no value, not to speak of the advance
in property at all. which in few years,
atthe present rate of advancement, would
be worsh double the amount paid.
If carried to maturity, the holder of
same would pay in s+Su. and receive not
to exceed s1o1, or an income of Ii pr
cent. per annum on his investment. The
investor participates in the earnings of
the company, not to exceed Sl.5o for each
81 paid in.
AS this company loans its funds to the
people at very reasonable rate of inter-
est. the plan is equally profitable to the
borrower and investor and the company
takes first security on improved real
estate instead of loaning of large rail-
road or other companies at a very low
rate of interest, thus giving the people
the benefits and opportunity to own their
property at very small expense.
1t will be observed from the foregoing
facts that the location of such an insti-
tuition in Richmond has a most far
reaching and beneficent effect upon the
progress of the community and of citizen
ship. 1t is the purpose of this company
to make Richmond city of homes and
the people home-owners.
Plan Works Well.
IL one gives due thought to the facts
herein recited he will be satisfied that
this plan will yield him good returns and
viii, prove the most economical way for
him to greatly increase his property
holdings at the smallest expense.
Speaking of the workings of the plan
outlined gentleman said yesterday:
Reflection will serve your highest in
terests and a question or two will be of
value:
First. Do you know that the property
owners of the country are men who
lave taken advantage of every opportun-
IT'S that come to them and that every
good citizen should be property owner?
Second. That the amount of your prop
erty will dependslbon how you economisc
10 secure it on the most economical plan,
and whether you expend your money to
the best advantage?
Third. Do you know that in renting.
YOU are actually buying property for your
landlord, and the increase in valuation.
81 you buy with Judgment. will fully
warrant you in buying on any liberal
plan. as it enables You to pay for the
property out of the rent you receive?
Fourth Do you know that ii is your
duty to your wife and family to provide
for them in substantial way. and best
Of all ways, to leave them a good COM
Portable home, should you be called
away:
Preparation for tho future is of the
highest import to every man, a,a. you
have been only waiting to find some good
plan to begin upon to save money AMI
buy property, but, as Demonstration is
the thief OF time, you must take definite
and immediate action. Hence, think
d