The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-03-25

0"i '"ip NVoh"" 40 ~ LIE 'hohAoE VI oleh LIN oh ION
We therefore take dm,p opportunity to epLun the situation After our god friend and
financial assistant the lat Capt NJ W Blake was taken from by the railroad accident we
were without f"de land in june last, year we incorporated and planned to sell stock the
public While preparing" do so we met party that damed to have experienced this i,
who ea allowed to under take to sell this stock who also greed to secure for us stock of
coal We started the selling campaign of stock and coal We sold some little stock and lots
of coal b." the agreement 4" secure US od did not NATURE so we stopped cling stock in
August We waulfmy waited to see the arrival of coal until the last of ptnIra and then
made other plans and secured small amountof capital to purchase coal not enough 10 secure
ae" of n" coal and pay he freight o the lsh of October we secured our fa m of COAL
and wdo" any additional capital We have received paid for and delivered 40 carloads of
coal Paid the loss incurred by waiting three months for coal 10 arrive which was more than
thu stock We % dsd, and given the Stockholders dividend at the rate of 10 per cent amr
ally !" "dddo" the stakeholder" haverc received 5 per cent discount" on their purchases of
COAL which equals 70 cents on ton at sl4oo Several have been heavy users f coal and is
and have r@"d addtmldy dividends in the way SO discount which has been equal Lin one
case, " $500 for the nine months they hay" held the stock Al that rate dyw ill nave heir
original money back in ear o COURSE h" The eNrnmeh the ordinary stakeholder that
needs 10 tons of coal year and dda block of 10 shares $1,000 share would eove II
per cent" "~@ OF" hsh investment even if they make 10 hrp purchase and oaG likely they
We are no" going " send stock statesmen" to- bother you and talk you into "~dnsa against
you" will If you feel d"y " have some money t" invest and care to risk hwhh US and take
advantage of the per cent? discount We would be glad to have you doa, The stock we are
offering hr sale is Preferred nonNodns and is ga1nosd' dividend of p" cent before the
common" stock receives any dividend and the fdea amount any Preferred stakeholder vii
receive in dividends will Il per cent
Fifty shares lat $1,000 Der shc) is thu limit we allow any one mmn to hold, and that
amount will be reduced to 10 shares in the. near future
soe folks vI~ say dsh a poor dme I" talk selling stock ~hmd the papers are full of
progress we have land you don't have I" look fr the proof under he extreme enl~ mdt
tons We have mad to labor and do in the maa Of The greatest bdresd depression this gr
aahon and the one baoe and the one to follow will ever emounrrw with Dmns and Brad
streets agencies reporting the largest lumber ofb""ne~h failures SINCE they heb cen bust
ness it certainly puts gu" company o" pedestal and in a class of investments that should
stand worthy of the consideration the careful nd onsutseh investor.
In the face of the dpr@mn as described abwe we are doing more han double the bust
ness that our yard has ever done even in time of the greatest business rou@sona and pros
poets hk as if we shall do ten. times better than we are doing now
We give all cred, of success to the polio of cd Quality and Service backed by a
determination to build character into our business and employees
Yours very uy
BLAKE & CO. Inc.
J. E. BLAKE JRY Treasurer
Telephones: Office IL or Residence 3s.
@PEASANTVHIE NJ J.