The Birmingham age-herald., 1912-08-11
FINE OUTLOOK FOR NEW BOND COMPANY Advantages Offered by Bir-
 mingham Co. to Those Wishing Investment

Remarkable success has attended the first eight months work of the new
 American Finance and Bond company, which began business in Birmingham tho
 first of the year and the promise for the
 future seems exceptionally bright. The new company was formed by local men
 with the following officers: C. w Pratt
 president; J. C. Corcoran. vice president; Al c. Garber, treasurer, and c. Ellis. secretary.
 The company entered an entirely new field in this section of the country but
 its plan of opera tions from the start made
 strong appeal to all classes of citizens
 who sought & remuneratlve and safe
 plan of investment for their savings. The company issues profit-sharing cou- pon gold bonds in denominations of s10o. $500, sie0o and s5OOo. maturing in five. ten
 or twenty years, from the day of issue.
 They draw a guaranteed interest of 6 per cent which Is paid semi-annually by the company upon receipt of the detached coupons. In addition to the regular per cent interest coupon, the company will pay out of the net earnings extra divi- dends amounting to 50 per cent of the amount credited to the bondholders sur
 plus for that year
 These gold bonds also constitute a first claim on the entire assets of the com
 Si0o,00o, and are guaranteed both as to
 interest and principal.
 Officers of the company point out that few people realize that the triaing sum of 10 cents a day ttas.50 a year) saved and invested at 6 per cent during a man s
 average business life. 40 years, total
 saving of s14so. will earn s4s4o interest and amount to seo00
 Here are few of the advantages ii
 been called:
 These bonds are acctimuative and proht-sharing and each year out of the net profits special dividend is declared
 and paid to each bondholder in addition
 to the regular per cent coupon attached | to the bond.
 1 Special provisions have been made for I those who cannot carry out their bond
 to full maturity, as in case of death or
 inability to make the paymens. The bonds are non-forfeitable hnd there are no fines or fees imposed on holders who are in arrears. Every provision has been carefully 1 taken care of so as to safeguard the bondholder and assist him to accumulate
 cash estate.
 Tn case of financial trouble the bond ] may be used for collateral on which to receive loan.
 You can transfer the bond and sell to another party at any time without any
 added expense to yourself or the pur- chaser.
 The company will accept your bond at any time as cash payment on any real estate for sale by the company on It's regular selling conditions" In order to safeguard thoroughly the interest of the bondholders. the company g
 purchasing department is operated by
 experienced men who thoroughly inspect | each piece of property before pur. chase is made and in the handling oi
 paper only first mortgage real estate se | curities are dealt in.
 1 The company invites investigation by anyone interested The company's zen.
 eral offices are at present located at 704- 5-6 Brown Marx building, but after Oc- tober will occupy suite 701-2-3-4-5 in the American Trust building.