Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-08-04
SCHOOL BOYS SECURE
GOOD FINANCIAL START
BY THEIR INDUSTRY

Sioux City, Aug. Avail street
fights stolidly on with its millions and
millions; big men Of the world are
making transactions today that are ex-
pected in a greater or lesser degree to
move the earth; vast areas are chang
ing hands every minute and their
price Is far larger than all the money
in some of the nations largest banks.
But
In all the world, there are no proud
| er fnanciers today than three Sioux
City boys. They are Kenneth, Gerald
and Alvin Line. They have success
fully made their first business venture
and are modestly proud Of it.
The lads, who are the sons Of Mr.
and Mrs. A. E. Line, 1892 Jennings
street, have come into possession of a
half block Of city properly at Thirtieth
and Court streets. With the assistance
Of John M. Mcdonald. vice president
| of the First National Bank, they en-
gineered a deal which has already
placed them in the way Of making an
immediate and comfortable profit on
the investment.
Won't Sell Now.
The Line brothers say they won't
sell, however, and they are going to
wait. like all good business men do,
| for better chance and an even great
er realization on .he- money.
Mr.. Mcdonald, who was the first
| party to the purhase, recently aC>
CURED from George B. Owen and wife,
| a block which is IN one Of the best
homo building localities in the city
He decided one-half OF it to the Line
boys who, since 1917, nave peen pay
ing for their part Of the purchase.
| The last payment was made today
That is why the day will go down in
the memories OF the future men of af-
fairs as one of the real worthy epochs
in their lives. Kenneth 81 Is years old
Gerald, 16, and Alvin, IA.
-Four years ago, when they were
| little fellows" milk patronage
known as Kenneth and Gerald's milk
route was established. Each morn
ing found the boys up and about theil
dairy work. Slowly but surely the
nickels began to accumulate. The frs
800 was something they will always
rem ember. Their patrons were par
| ticularly pleased because they go
fresh milk, early"
| A year or two went by and, like ali
| youngsters, the 500 or more looked
| like a million or two. Some one told
the boys that Mr.. Mcdonald was an
excellent investor.
Agree to Buy Land.
That's what we'll do with oul
money" said Kenneth, the eldest OF
the brothers. We'll put it in land
Mr.. Mcdonald listened very kindly and
with great interest to the proposals OF
the boys to buy property. He was
more than glad TO be of assistance lc
the young financiers. The Over tracl
was the place selected. That was IN
1912.
Alvin grew little older and he was
taken into partnership. The brothers
| began to cast ,bout for moro ways tc
make money. They were ali good cad.
dies. They made money IN the links
following golfers. Some Of the after
Moons were hot. What mattered thai
| tho when they were becoming -ea
property owners. They worked on
saved their earnings, helped to clothe
themselves and continued their studies
All are still in school.
Speaking today of the young invest
ors, Mr. Mcdonald said: 1.-The boys
can make $1,000 easily on their ground
now. They won't sell. however, until
they can do better than that"
Mr.. Line, father of the boys, is pur.
chasing agent for Woodbury. county.