The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1921-06-10
THE FRONTIER MORT
GAGE CORPORATION


MORTGAGES AND 10 ENGAGE
IN GENERAL CONSTRUCTIVE
FINANCING. AN INTERESTING
INVESTMENT OPPORTUNITY OF
FERED IN THE CORPORATIONS
SECURITIES.
/ Those who have anallzed the sub
iect and made careful study OF the
matter are well acquainted with the
increasing favor in which mortgages
on improved real estate are held
That such transactions constitute the
smost profitable and safe forms oi
financing is fact well proven by the
history OF a number OF large fnanci-
~ enterprises that have been active
along these lines for a nUmber OF
years
This being the case we feel that
quite number Of our readers will he
greatly interested in q few words
concerning the present and future
.
Corporation who navs opened a buy
Ing branch tn the city of Baltimore
for the purpose Of purchasing real
estate mortgages at discount from
the contractors and builders. The
Frontier Mortgage Corporation Isl al
ready becoming a constructive force
In the city az baltimore by this meth
od pi financing and aHnrdinF contrac-
tors and builders the opportunity 20
turn dead capital Into fiquid assets.
helping contractors to continue their
operations and relieve The housing
shortage which is particularly acute
IN the Maryland Metropolis This Cor
poratlon is In a position to help con
tractors and builders not only In the
Ciiy-of baltimore. but ia territory ad I.
iaeent 10 IT,
Homo building absolutely leans on
second mortgage transfers. Builders
cannot hope to continue their opera
llons and turn their capital unless
they have the aid of a mortgage com
pauy such as the Frontier Mortgage
Corporation This company Was or
Esnixet about q year aKo with an au-
thofiEed capital of tS.0e0000 divided
into 5e.nu0 shares Of preferred shares
and I5.QpA shares 0f common shares.
The Smaot Corporation, gACal agents
for tke Frontier Mortgage Corpora
ton. With Offices lH The principle
Cllies uf The United States and Cana
40 Ia completing the sale Of the
fourth ISSUE Of 1900 600 ~ this at
trbrtiRe investment Preferred stock
IL nov paying s per cent and while
the common is VI no par value it is
In the opinion nt the officials Of the
corporation worth $4,000 per share
The home eihcc OF the corporation,
formerly the hank of Buffalo, IN With
aut q doubt one nf the most imposing
e1IRces iu the entire eily ot Buffalo
II ID estimated that Buffalo WAS the
finest Geld for e mortgage company
in the United States The need for
this sort ot financing has become
OyeFw helmlug and aa the Frontieg
Mortgage Corporation has expanded.
Il has extended lts operations to
cities whore the service is needed.
This corporation is conducting
most praiHcwOrthy work and we be-
iisve thA should be accorded the
moral and financial support OF every
public spirited citizen,
In recent survey Of baltimore
officials ~ the Corporation were
struck with the acuteness OF the
Housing shortage n was estimated
that the city Of Baltimore and adia-
cen. territory was In need Of approxi-
mately 10000 homes Everywhere
throughout the United States one Of
the prime factors for continued de.
preston is the housing shortage
Rent EOugers have made Il very bur
densume 90 live hy charging excess
slye renta. The Frontier Mortgage
Corporation "a helping materially to
solve this problem by purchasing
mortgages from contractors and
builders with the money subscribed
10 By the general public. For an ab.
solute safe investment combined with
high and increasing rate OF income
the securities of the Frontier Mort
gage Corporation meet the acid test
Those who comprise the director
ate OF this company are such men as
Attorney General Charles u. Newton
Attorney, General Of the State of New
York; United States Senator James
w Wadsworth, Charles n. Hnntley,
President of the Buffalo General Elec-
trie Co: Brig Gen. Harold II Bick-
ford, second In command OF the Ca
madam forces during the war aud 4
real estate broker OF Rnnalo and To
ront0, Canada. George X, Rodgers,
vice President Of, the Manufacturers
and Traders National Bank, George
A. Drummer. president of the peov
pies Bank Of HamburRh, N. ", VIII
liam H. Kennedy. President Of the
Harrlgau Lumber Company, Resident
Secretary uniled States Fidelity and
Guaranty Company Of Baltimore. Md.
Other directors are: j.. Nj. smoot,
Everette H. Hunt Charles ". Rice.
Cyrus I.ocher, Eugene Tanke, Rrom-
son c Rnmsey, Albert Spann. Thorn
as ]. Swanton, Louis r. FtHhmaun.
ex-mayor. City of Buffalo, r. p. Pat
tison, capitalist, etc.
\ MIR Frank n. Miller. OF Westmins-
ter, with an Office in the Times Build.
ing, Is representing the Frontier
Mortgage Corporation and the Smoot
1Corporation in this city.
/ --------u@s - mm-@---
i Mrs d. M. Mellor, Jr., Of Sykesville
/ has received word of the death OF hei