The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1921-09-27
AN INvESTMENT-AND A CON-
TRIBUTIoN TO CIVIC PROGRESS

With a total of practically twenty
five thousand dollars of the $35, 00C
necessary to complete organization OF
the Brunswick & Interurban Railway
company already in sight, prospects
were promising yesterday morning
for successful contamination of the
undertaking when that enthusiastic
body of public-spirited young men be
gan what is hoped to be the final
weeks work.
There will be no let up, however
until the last needed dollar has been
subscribed, and The News takes this
occasion to urge upon the people OF
Brunswick the imperative necessity
of cooperating to the fullest extent
possible. Those who have not sub
scribed to stock in this vitality fmpor-
tant public utility should do SO with
out delay, remembering that such
subscription is not, by any means, a
donation but a safe investment and
one which experienced street car
men, who have closely studied the To-
cal situation, have unqualifiedly pro-
nounced will be paying one, when
the contemplated extension to Arco
and changes in method of opesation
have been carried out. !
There, can be no doubt in the mind
of any man acquainted with the pro-
ject that the valuation of the physical
properties of the street railway con-
Germ Is many times greater than the
amount at which 1t may be, under
the existing circumstances, purchas-
ed. And certainly, the junk value OF
the property will be no less year
from now than 1t is today, with the in
dications that it will be greater
Opera ton of the reorganized com
pany must stand or fall on its ability
to pay expenses and a reasonable re-
turn on the investment, and with the
above facts taken into account there
is not the slightest possibility of loss
to those who invest in the enterprise.
There are other considerations,
however, In addition to the safety
of the Investment, to be taken into
consideration by those citizens of
Brunswick who are able to buy one
or more shares OF stock In the com
pany. And these are of sufficient i'm
portance as to be given tae most care
full thought In determining the final
value of the outlay to the investor.
This applies particularly to PER-
sons owning real estate in any part
of the city, and to lesser extent, to
every citizen of Brunswick. That
property valuation would be depreci-
ated many times more than the $780,
900 needed TO continue operation OF
the street car service Ii not question
ed by any one, and 1t is equally as OBJ
vious that all business and CONNER.
cial activity OF the city would be adj
yersely affected by suspension OF the
service. In fact, there Is not man
In Brunswick, regai dless of his sta
tion In life, who would not, to more
or less extent, suffer financially
should the street car line be permit
ted to go TO the scrap heap.
There Is reason. therefore. for ev-
cry man who lives in Brunswick and
plans to make this city his perma-
nent home to invest In stock of the
Brunswick & Interurban Railway
G mpany, IL at all able to do so. A
proposition OF such infinitely vital
consequences to the city and one in.
volving such comparatively insig-
nificant amount should not. must not
and WILL NOT be permitted to go
by default.
With less than $4,000 OF the
amount needed 10 take over and op.
crate the street car system, under
plans the success of which has been
youched for by experts on urban traf
flc problems. remaining TO be sub
scrihed. the committee of the Young
Mems Club has every reason to be
hopeful that their work for the pub.
lie service will be completed In Tins
to present a successful report at the
luncheon next Friday afternoon,
thereby bringing 20 realization the
second great undertaking In behalf
of Brnnswiek's progress and prosper
ity in the little more than year OF
the Organizations history.