Albuquerque morning journal., 1915-03-07
EW FIRM OPENS
DOORS To PUBLIC
ACKNOWLEDGEMENTS
Western Mortgage Company
TO Begin Business Tomor-
row in New Gas and Electric
Building

An era OF business prosperity Is at
hand boo Albuquerque One tangible
proof ni the good times coming Is the
nov financial institution, the Western
Mortgage COMPANY with e capital
stock of 100000 90, That Is 10 be- "a
muiuWny 0f savings and Investments
in the commuuitt
Nothlns is new about The enter
prise except the title. The men that
back II are Well-kn0Wn local rinau-
cicrs. who are thus expressing their
confidence I'm rosy future for thIs
c.tr and enyrons The company is
Ia stock holding. bond-aclling lnsttL-
lion similar iu every icmil 10 the
Saving and Loan companies of Other
states, and iH based on the sure guar
antee of solf-paying bonds that is "a
gilt-edge proposition 70 the depogltor5
of small savings. Eight years onB
are required 10 mature the bonds with
handsome Interest An Immediate
stimulus to businpts will be the mort
gage loan feature. that by making
money ut fair interest. obtalnablc for
bu.lding FOR improving the farm, for
business and other present require
ments. VIII fIll long felt need Re
cause such mortgage companies are
the heart of financial activities every
where they exist, and because they
Invariably attract investors and capi-
tai from elsewhere, the Western Mort
gage company Is bound to be Of in
estimuhlo value TO the community
Though operating throughout the
state, the business of the company
will Doe handled In the local office
This office ls the middle ground floor
apartment I'm the new Gas q Electric
building on West Central avenue, and
VIII be- ready tomorrow for transac-
tion of business. The furnishings are
all iu mahogany. which, with the
plate glass front and Bilt lettering, TO-
Fother with being located in the Cen-
tfal apartment of the handsome new
cdifico that Is lighted with two thou
sand clectrlcs, make it the most cle- 4
Rautly housed business firm In the
city. and credit TO the community
The Inducements to those VINO
would achieve success by wise use oi
sayings. are such as appeal (
10 veteran finaHelcrs as well as sail /
aried folks and school children.
That the institution IS rock-rihbad 4
and absolutely dependable is assured I
hy the arrangement that each coupon /
bond or saving bond is q direct ten I
upon am mortgages and assets OF the 4
company.
The officers IN charge are an well
known business men, whose energy
and capubllty need no introduction .
10 the people of Albuquerque
George Hosllngton president, IS one I
of the most stable, hrainy tinaneiers
In the southwest, with years OF sue
cessful experience in the mortgage ,
business,
f. l.. Grose. president, Is Well I
known as most capable and ener- /
getie. as well as very careful bust (
ness man. ana has also had a thor
ough training in the mortgage IN
loan business
lloyd Slurgcs, secretary Is knowl /
by everyone to be most reliable
young man OF sterling worth and alb
3olute efficiency, with a wide expert
suce i'm investments and one of Albu-
most successful young busi-
ness men
with these men in charge of such
an institution, II is sure to be one
lf the most prominent factors IN the
making OF a greater Albuquerque, and
he development of the vast resources
Vt our state.
Mr. Rosllngtou viii continue to ~
actively connected with the Occidental
Insurance companies and the business
aud offices OF the Western Mortgage
company viii be conducted by Mr.
rirosr aud Mr. Sturges.