Evening journal., 1907-01-19
REAL ESTATE
---------------------------
|. [. & D. co.'s.
VALUABLE ESTATE
Mex Can Property Paid p
.3,T Cent. First Two Years
from Actual Earnings

A prominent gentleman OF this city,
who has traveled all over the estate OF
the International Lumber and Develop
ment Company. In the State Of Campeche.
Mexico and is personally acquainted with
the principal managers of the company,
recently made the statement: "a very
valuable property in the hands OF good
men," And he has no personal interest IN
tine enterprise.
This statement appears TO fully Justify
the popular opinion that the investment
proposition Of this company Is good
one. And this conclusion has not been
hastily reached There has been no ap-
parent disposition to unduly force the
selling: no gift schemes nor bargain
prices. every share having been sold at
par And while this kind OF a campaign
has created no booming Of business II
has commanded great conndence--which
is evidenced by a list OF shareholders that
now number over 5000 including all classes
from the laborer who can buy only one
share. to the capitalist who has subscribed
for $40 shares, for which he must part
with $4,000.
A review OF this company's record to
date appears to show that IL Is dealing
with realities and not prospects. Its very
first movement should command respect
It did not secure a concession or lease,
but bought and paid for its great estate
of 2SS.OoO acres 1t then organized with OF.
lcers and managers OF good character
and large experience: It perfected It's
plans so as TO start with a prosperous
business that justified their guaranteed
dividends. in short. its managers have, to
ali appearances planned wen and made
good"
And it's managers have given the very
best evidence OF confidence in their en-
terprise by investing more OF their own
money in the shares than any other equal
number OF subscribers-and their only
possible reason for this is a desire 70 Sc
cure a good investment and not to control
the enterprise for money. above the cost
OF a single share. has no controlling power.
Each shareholder can have but one vote
The large estate Of the company (Which
Is very rich and heavily-wooded tract,
fronting on the Gulf of Mexico) Is the
scene OF great activity About a Thousand
laborers are employed in numbering, cattle
raising. constructing buildings, railroads,
etc, in mills and shops and the making OF
permanent plantations that shall have a
total area Of twenty thousand acres. Ma
hogany and cedar logs are being ship
ped in the company's steamer to Mobile,
Ala, where the large and complete mills,
constructed by the company. are cutting
them into lumber and veneers, at the rate
Of about $1,000 feet per day.
This company would seem 70 have a
right to full and fair consideration by the
people Of this city. for they are. IN d
sense. home folks. They have a Delaware
charter; a Delaware director In the per
SON Of Victor DUPONT. Jr., a Delaware
trustee, the Delaware Trust Company
and they have a Delaware office al s2
Market street.
In the little over two years Of the COM
pany's operation It has paid a total Of
% per cent and another extra dividend Of
2 per cent viii be declared on the 3lsi
inst. II is expected that the profits will
continue to increase as the property !.
developed.