The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-08
MORE HVLEPOST STOCK READY
EAGER INVESTORS LEARN THAT
TIE PRICE rs THE SANE.

O~eDenbnro G0fpOrALh0Ms tmDhuuhnH INC
Endorsement II an Oakland Contractor
Promise Of a Chicago serviCeNsoOn
For persons who have q plentiful supply
Of money In these times it may be comfort
Ing TO know that the chance for them 70 In
vest all that they can rake and scrape to-
gether In shares OF the Telepost Company
is still open and that the Sterling Debenture
Corporation is eager 10 get them in on this
before Il is too late.
Although persons who were inclined 10
nibble at this tempting opportunity to be-
come elepOst stockholders away back last
June we're warned then that they had better
not lose any time, as the stock was being
grabbed up fast, II appears from the latest
literature sent out by the Sterling Debenture
Corporation that thert are still some shares
~ungrabbed. Unlike most other shares oft
kind that are peddled on the promise that
Wall Street car never get at them. the Tole-
post shares haven't been liked any since
the folks who happened TO get ON the mailing
list Of the Sterling Debcnture Corporation
laet June first heard Of them. They are
still selling for $40. and you can buy them
on the instalment plan.
" every one who is supposed to have any
loose cash doesn't know by now that there
IL such a company as the Telepost Company
and hiatt purposes TO v the country
with telegraph wires and a X away the
business Of the big telegraph companies by
sending messages at half rates 10 isn't the
fault of the Sterling Debenture Corporation.
G. II. MiddIebrook and +. W. Shumaker
are now the principal members OF this.
They used to be in the book selling business.
where a good mailing list ia as much OF an
asset ss il IL In the stock selling game.
Folks with other mailing lists who are try
ing to sell stocks are envious OF the Sterling
Debenture Corporations list.
Neither Of the big telegraph companies
has as yet got excited over the Telepost.
but Just to show how some people who
ought TO know all about financial methods
40 well az the telegraph game think about
il the Sterling Debenture Corporation has
sent a letter received last October from
J. c. Estey. Mr.. Estey, il appears from
the reproduced letterhead. is a mason
and builder Of cement walls and floors in
Oakland. Cal. which is quite a way from
New York and Wall Street.
After receiving some nicely worded
circulars from the Sterling Debenture Cor
poration telling how wickedly inflated were
some of the big companies as compared
with the $4,000. 900 capitalization Of the
Telepost and how Tclepost stock would
never be allowed to get into the hands Of
the wicked spectators in Wall Street MIR.
Estey quickly Endorsed Il, as appears by
his letter TO the Sterling Debenture Cor
poration just sent to all on the mailing list.
1T gives pleasure and increased confidence
that all honor in the financial world has
gone to the bad when one reads the
pur pose. the organization and method Of
management of your company" said Mr..
Estey. This confidence is further strength
sned by the fact that you use only printed
arguments and facts in presenting our
claims for consideration. II therefore gives
me pleasure 70 add my mite toward incress-
ing the telegraph service OF our country
and thereby receive for myself the natural
benefits from it's earnings. In asking for
the 100 shares | expect to also ask for the
monthly payments of 500 for the same"
In case such an Enforcement. from Mr..
Estey OF Oakland does not carry convic-
tion with il the Sterling company adds Just
word of its own to the effect that ~the
OF editors, boards OF trade and
other representative men and bodies
the country to know all about
the Telepost plans shows that h time
was exactly ripe for our announcement,
and the readiness with which the public
Is subscribing for the initial issue Of stock
gives assurance Of the immediate success
we predicted for this enterprise
A the foreman of n newspaper cOmpos-
ing room and a bank president have already
indorsed the new telegraph company. ac-
cordinR to the letters sent Opt prior to that
of the Oakland contractor. there may be n
rush TO buy what shares are left when the
savings banks resume.
The Sterling Debenture Corporation has
not been in existence a great while. but il
has already put forth such Specialties
Company. the O'Brien Electric Light and
stock In u linen company. though you may
not get the literature OF more han n OF
these specialtics. Some time ago when
the Sterling folk used to be at SO Wall street
American TelegraphOne stock. which in
five years was going to be tho best property
any one could own, was all the go. OF course
the i've years aren't up yet, 40 that il still
has a chance TO revOlutIOni2e business.
Since the Sterling Debenture Corporation
moved up TO the Brunswick Building al
most everybody whom it could reach has
been 1sked 70 buy IclPpost stock.
In the latest literature sent along with
Mr.. Estey's letter the Sterling Debenture
Corporation has il all figured out that the
Telepost will make an annual profit of
1900 con a year even il some folks with
practical knowledge of the expense Of
obtaining franchises can't see IL. Fifty
millions Of messages Is the modest busi-
ness the company expects to do when il
has some wires. In the present state of
business that will leave 50, 600 900 more
for the companies that already lave the
wires, but just where the wireless Oom-
panies OF he future are going TO come in
It's hard to see. Although no word has
come OF working gangs from points along
the way ~ vet, the very latest ~oun
u set the Telepost's New York hica0 20
line. Win be In operation within eighteen
xnOnSrs.
-The relepost. y says this announcement.
will begin earning its way from the mo
rlent any two important cities on the way
20 Chicago are connected. for offices will
be opened for business at once"
With the opening OF TelepOst Offices
from New York to Chicago. definitely set
for eighteen months from now, short time
is left in which TO procure franchises from
the Board OF Estimate here, which is par
ticularly obstinate these days, and from
similar bodies along the route. The At
lantic Telephone Company has been at Il
for more than eighteen months and hasn't
got any encouragement as yet, but perhaps
the Telepost Company can FIX Il. The
route. judging from some Of the pictures.
should follow closely the route Of the Chi
caRo-New York Electric Air line.
BARTENDER KEEPS HIS DOG,
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