The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1907-07-30
WHY NOT A HOME COMPANY?

gan.ic real estate deals a large trust
company has been formed by num-
Der OF enterprising capitalists of Seat
tie and people from every section OF
the state and northwest are contrlbut-
ing funds and investing in the COM
pany. The scheme is to raise a fund
of several million dollars by small
subscriptions from numerous indiVld-
uals When the required sum is in
sight the trust company invests the
money in a large building or erects a
edifice which will bring large re-
turns in rents.
After paying salaries of officials. So
licitors fees taxes, advertising bills,
etc, the proceeds of the immense n
vestment are divided pro rata among
the contributors according to the in
vestment of each subscriber The
sums are raised in series and already
several series have been completed,
the money invested and subscribers
have received fair returns.
The scheme appeals to the average
man, particularly the one who works
on a salary and can save a few dollars
each month, as twenty months is given
the subscriber in which TO pay the
amount of his subscription, the small
est considered being $500. $25 down
and the remainder in twenty months.
If the entire amount is paid at the
time of subscribing advantages are
given in the way of participation in
the proceeds.
AS a business proposition the idea
appears to be a good one for all parties
concerned and there is no evident rea-
son Why the investment should not
pay good returns.
Conceding this to be true why should
money from all over the state roll into
Seattle or Tacoma to be invested in
buildings and other enterprises? A
large number of Walla Walla's sub
stantial citizens have subscribed vari-
GUS amounts, amounting i'll all to
many thousands of dollars, which
sums have helped to build UP Seat
tie
With Walla Walla the banner city
of the great Inland Empire, with
buildings needed for various business
enterprises, with the ely progressing
at rapid strides, with real estate values
at point where they can never
recede. why should not these investors
in the Garden City form a trust COM
pany of their own and erect buildings
in Walla Walla. thus securing an ex-
cellent investment and advancing the
interests of their own city, ard keep
ing the money at home where i would
be of direct benefit to the imme date
community in which the investor
maintains his home and business?
Enough money has been subscribed
from Walla Walla for the Seattle real
estate scheme 20 build a handsome
business block and it is certain that
had the money been handled by Walla
Walla business men and invested in a
good building. the returns would nave
been as satisfactory as they can pos
sibly be from the Seattle investment
to say nothing of the results O. lie
increase in the value of all real estate
in this vicinity by reason of the pro-
graSsiveness Of Walla Wana.
People who have money to invest
even IL small amounts do not have to
send it away to bring the best results
A glance around our home city wild
reveal plenty of opportunities.
Let the proper Walla WaHa spirit
prevail and the money which is ac-
quired in this locality will not be sent
away to oher cities for investment
and to assist in building up other
commercial centers