The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-05-17
".AMUSEMENT-


@Fairmont's amusement facilities are decidedly
inadequate. There several small moving picture
there is first class moving picture the
atre where legitimate plays be staged. Industr-
al of the present day give important con-
sideration to the recreatonal facilities afforded
their employees They demand good moving pictures
parks and library privileges ssg
Have not the business men of the city and the
citizens generally been confronted with these reflec
tions long enough to take pronounced and de-
finite action to remedy these conditions sS@SS
The promoters of the West Virginia Amuse-
ment Company some Of Fairmonts most liberal andS
public spirited business have recognized Farmonts
need for a modern theatre.
They have put their shoulder to the wheel and &
pushing hard to the goal that will make this
money in it as business proposition and expect its
to earn them good returns on their investment:
They have interested the Conservative Life In
Company in the proposition to the#extent5S
that this company has put up Sl50OO0 to expend M
the city But with all this financial support
stock of the company which pays z per cent divi-
dends and will have 0,O00 in valuable hold
ngS guarantee behind the investment, to make
the theatre possible.
These men asking nobody to take aSchanceMs
they are not taking themselves, and taking
want cooperation and financial well as moral sup
port They taking all the risks it there
risks They are paving every expense of promotion
and dollar invested in stock will be spent for
any other purpose except to purchase Main street
it and equip it. That is plain statement of fact.
That statement is backed by the approval of the
state auditor who has granted the promoters
theatre the privilege authorized under our strict
Blue Sky Law of the State, passed and enforced by
state government for the protection Of
both large and SMALL again the possibility of fraud:
There big speculative opportunity offered in the
disposition of the common stock of the company
which given bonus with preferred stock Sixty
per of the common stock is given with EACH
purchase of the per cent preferred stock, The
promoters, under the agreement with the state audi
tor get 40 per cent of the common stock for
expense and trouble but only after all the stock
authorized is sold. They must make the 60 per cent
stock valuable after paying interest onthe
preferred Stock before their 40 per cent common
stock is worth penny to them. They putting up
thousands of dollars in promotion work the
firm belief that this 40 per cent common stock&WiS
and under operation If they correct in theirde-
auctions and in their foresight into the future the
purchasers of the preferred stock will have their6o
per cent stock for nothlng-lt snot4ofte
en- that one gets something for nothing but
the reasoning of the best business thesclty,
and the careful calculations of experienced and
pert theatre manager is wrong the people of tFalr
mont certainly have this one opportunlty8ot getfng
at least 60 per cent interest in the ownership OF
the theatre without it costing them money
whatever
j. e. Watson, Jr, President; Clarence D SRobIns
son, Vice President and Samuel D. Brady, Secretary
are we'll known business men who stand behind
people in their investment in this enterprise
these need no Introduction to the people OF
Fairmont Neither do they need any bond#refersncsS
to guarantee their good faith in this InovementA
square deal to all is their platform. Theysa
to join them and help put this theatre acrosssI5IS
YEAR-YES, NOW.
Any subscriptions received under these@condi5ss
tons are turned over to M A. Fletcher IreasurerM
of the company, and he, too, will youchsafe Che
agreement under which subscriptions
Subscriptions may be left with the companysatlt
offices, second floor OF DeyenyBu
Mr. Fletcher at the Fairmont Trust ConnpaIys