The daily appeal. [volume] (Carson City, Nev.) 1906-1907, 1907-04-11
AN UNDERWRITING COMPANY
Ore Has Finally Reached Nevada and
Will Lend its aid to Mining
Promotion and Kindred
EnterprjseS
Enterprises

lcSltIuds H. I1Sou, SCACl al
agent for the Guarantee Trust Com
pany of Nevada, reached this city On
a trip connected with business OF the
company.
This company comes into Nevada
with a million dollar capital to pro-
mote mining and other legitimate en-
terprises on the underwriting plan,
the plan on which stocks and bonds
are placed on the market in Eng
land
BY this plan there can be no wild
cat speculating and the buyer of a
stock certificate is insured against
loss.
Here in brief is the company's plan
for underwriting stock. A stock goes
on the market, say at one dollar a
share. The underwriting company
issues a guarantee certificate with
the stock that it will redeem the stock
at its purchased price in five years.
With this guarantee behind the
stock it sells readily, for the pur-
chaser realizes that if the mine is a
failure he can get every dollar of his
investment back in five years.
He buys the stock on the Trust
cOmpany's guarantee with the know
ledge that the company has million
dollars in its treasury to draw on in
case it IS called on to redeem.
Naturally the company takes steps
to prevent its being called on to re-
deem.
1t takes a percentage OF the money
and begins to invest it in such a way
that it will bring returns to provide
a sinking fund against the day ii
might be called upon to redeem that
: stock. In case of failure of the
mine they will in five years have tC
, meet their obligation.
A part of the money accruing from
the sale of stock it looks after b,
:, taking care that it goes into actua
-. development. If the mine is a sue
c cess and the stock goes up the Trus
}. company will not be called upon t
redeem and a percentage OF tn
d original sales of stocks reverts to it
II treasury and is velvet. If one min
y in four backed by the Trust Compan
:, succeeds it will keep the compan
} from loss. If half the mines it back
J. come through it will realize lars
i returns.
,- At any rate it has faith in &eyad
mining and located in this state b.
cause it believed after an exhaustiI
survey OF the mining conditions in di
ferent localities that Nevada vas Il
&c best field for the investor.
,;s 1t brings one million capital in
Nevada to do business with to e
courage legitimate mining.
1t proposes to inaugurate a legi
mate business in furnishing capt.
to develop Nevada mines. 1t sells
credit to the miner to start his mi
3: you can rest assured that any mini
= SIOCk uuueTWTlIleu ny lulS COul pd
TO will either net the investor a profit
he will get his money back dolla:
ol- dollar in five years.
Nr. You can also rest assured that
ia mines backed by this company will
sa- developed.
In this way the investor in stt
bic stands a chance of winning, but he
for absolutely guaranteed against loss
e1t' The State Bank and Trust c.
uld pany of this city are the finan'
ore agents in this state for the New
om- Guarantee Trust Company.
nes The advent of this company
Nevada means a great deal to
mining industry of this state.
The principle Office of the comp
is 1O6, Carson street, Carson {
\. Nevada. Mr.. Hood, who is the c.
-, agent has his temporary office, r
49,, "a, No. 969, Broadway, Oakland.