The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1909-12-16
LOAN & gEAL ESTATE
COMPANY

Capitalists, manufacturers, and those
thoroughly versed in the agricultural
conditions of the entire country, all
agree that the era of development has
shifted from the West to the South ano
that the future months and years In ali
territory south of Mason and Dixon s
line will be crowded with moments OF
activity and progress in the work OF
upbuilding On basis of permanency.
Because of their splendid location and
valuable natural and acquired advan-
tages, Henderson and Vance county
are bound to share largely in the infiu-
ences which must in their very nature
build up and develop-infiuences which
the promoters of the Henderson Loan
and Real Estate Co. have wisely fore
seen and estimated at their true worth,
and winch will be best promoted and
foStered Dy just sucn an organization
as they have effected, already thor
ougnly established and deservedly pop
ular. Since money and energy well
directed are the prime sources of all
progress, it has been the constant aim
of this organization to find safe and
secure investments for the money of
the people, that thus invested it may
be benefit to all directly or indirectly
and not as in the old way of boarding
it at home, where it does no good even
for its owner, or II loaned out it draws
merely a nominal interest. So that in
reaching out to secure money for in
vestment at home at six per cent in
terest rates the Home Loan and Real
Estate Co. sows the very seed of prog
ress and at the same time renders full
and satisfactory compensation to mon
ey owners in interest earnings. Or
ganized and incorporated under the
North Carolina laws in December, 1906,
the career of the Henderson Loan and
Real Estate Co. has been one of con-
tlnuous prosperity. paying since its
second year to its stockholders an an
nual dividend of ten per cent per an
mum and placing to the credit Of the
Surplus Fund all the net earnings,
which up to March 1, 1909, amounted
to $8,166.75, and this sum with $13 500.
the amount of the Capital Stock, paid
in, gives to the company total assets
amounting to $21,666.75. The scope of
the operations of this concern may be
said to include five departments
Loans, Real Estate, Rentals, Fire In
surance and Life Insurance In the
Loan Department loans are made for
the owners of money on real estate
for which the security is a first mort
gage bond drawing six per cent in
terest, paid semi-annually. The COM
pany examines title to the property
on which mortgage is given, sees that
taxes are promptly paid and insurance
kept in force and il sale is made that
the price secured will cover the
amount of loan and interest Behind
this guarantee is the capital and sur
plus Of the Company, $21,666.75, 10
that there is not even a possibility of
loss, to say nothing whatever of the
trouble and annoyance of collecting
the interest or looking after the prop
erty, all of which is included in the
negotiation of the loan.
In the Real Estate Department are
kept constantly lists revised daily of
farms and town and village property
for sale in all parts of Vance county,
also inquiries and requests from per-
sons living in all parts of the country
who desire to invest in real estate
and farm property in this vicinity.
This service brings buyer and seller
together promptly and offers the ad-