The independent. [volume] (Elizabeth City, N.C.) 1908-1936, 1920-06-04
UNIQUE PLAN PROPOSED
TO FINANCE BUILDING
sao Independent Readers to Get Their Paper a,
wv S1.OO a Year and Make Possible
Better Paper

OENI DuDllSu d udAy
Vhv doesn't THE INDEPEN-
DENT D publish twice weeks !
Vhv doesn't THE INDEPEN-l
sn1arge its job printing depart
ment?
All of these and other ques-
+;ons could be answered by the
foct that this newspaper hasn't
working room. My present quar-
+ers are packed with machinery
and equipment until there isn't
room in the shop to turn around.
And there isn't suitable building
available in Elizabeth City for
snch quarters as THE 1NDE-
PENDENT needs to take care OF
its growth.
There is only one way for THE IN
DEPENDENT to get more room and
that way is to put up its own build |
inc Tie one present obstacle to that
nlsn is the matter of financing. think
have q plan by which readers of this
newspaper will be glad to help me fl
nance this proposition and reap hand
some profit for themselves. L need
5000. I propose to offer 500 ten year
subscriptions to THE INDEPENDENT
70 500 subscribers at $40 each. Help me
70 finance this proposition and for your
ton dollars l will send you this paper
weekly for ten years. If I change it to
a semi-weekly your subscription will go
on for the ten years just the same. Ii
I enter the daily field I will give you
the option of getting the daily on the
same basis. The subscription price OF
THE. INDEPENDENT is now $500
wear. My plan gives it to you for a
dollar a year for ten years, twenty dol
lars worth of paper for ten dollars. IT
l enter the daily field you can have the
daily on the same basis, one half its reg
ular subscription price till your ten dol
lar subscription is exhausted.
Site Already Purchased
The site for the building is already
nailed down. purchased more than
wear ago. on Matthews ST., just stones
throw from the post Office, an ideal 10
cation for a newspaper property. With
5000 and this site I can finance a
building costing $4,000 to $4,000, all
the building 1 shall need.
Sound Business
This is sound business proposition.
THE INDEPENDENT is twelve years
old 1t is not an experiment. Eliza
beth City will always support good
newspaper and THE INDEPENDENT
is that newspaper. Whether l live, die
or sell out, this newspaper will go on
and your subscription will go with it.
[ can afford to carry 500 subscribers
for ten years at $40 each, because I an
no longer dependent upon my subscrip'
ton list. But 1 do not make any great
sacrifice in selling you the paper ter
years for ten dollars. / figure that i
costs me 40 cents a year keeping sub
scriber renewed from year to year. Tha
nets me only S1.60 for each $500 year
IL subscriber. The interest on $40 L
60 cents a year. By paying me tel
dollars in advance I really get S1.60
year for the paper. If I don't pay tha
interest to you / shall have to pay it =
some one else.
At the same time, where else coul
you put down a ten dollar bill that yo
won't miss and draw six per cent inter
est on it for ten years? AS matte
of fact. by my plan, your ten dollar
draws better than eight per cent.
Money is the cheapest thing in tn
world to-day. Ten dollars to-da
counts less than it ever did before Q
drop ten dollars on this proposition.
viii be a source of pride to you fo
years to come to point to comfortabl
housed and dignified newspaper proper
ty in Elizabeth City and say Il helpe
make it possible.''
And you should help make it possibl
THE INDEPENDENT is one of tt
most valuable institutions in this cit
county and district to-day. Week
and week out it is boosting Ellzabe
City. Pasquotank county and mort
eastern North Carolina, making this Sc
4tion a better place to live in and ma
ing every foot of proper1 4Iare va
liable for this influence and - adve
ttsing.
Not An Untried Plan
PENDENT's proposed building proje
is not an untried scheme. I did som
thing like it once before. If you W
remember, started this newspaper wit
out a cent of capital twelve years az
In 1913 it became necessary to ma
certain improvements in the plant
close down the plant. I didn't have
money to make these improvements.
then offered 100 life subscriptions to
paper at $40 each. By the sale of the
subscriptions I put THE INDEPE
DENT on it's feet then. By the sale
300 ten year subscriptions to-day 1 {
pect to put THE INDEPENDENT
easy street.
You ought to have a newspaper pl:
here to which you could point W
pride. Not large building is requir
but that building should be architect
ally beautiful, dignified, impressive.
should reflect something of the CO
mercial and Industrial strength and
civic glory of it's home city and vicin
knn 81 1n- !