San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-08-23
For Idle Funds

At the st. Anthony dotel rev
weeks ago, Mr.. Mcintosh. manager
of The Light, made a talk 10 the
Life Insurance Underwriters, on the
subject of finances and how little
the people of limited means know
about how and where to invest their
money; when to invest it and the
worth of investments, which lack Of
knowledge causes most of them 60
invest with statesmen who solicit
them on investments of speculative
character and of doubtful values.
Not being familiar with finances,
they do not know that there are
reliable and substantial companies
in San Antonio that make a spe-
cialty of selling high grade securi.
ties. But as the margin of profit
is very small with the investment
houses, they have to depend largely
upon advertising to educate the in
weston of small means.
This morning I received a letter
from Wimer-Richardson & Co.,
house of excellent character an
nouncing a very attractive invest
ment which offers an opportunity TO
the small investor and women with
out business training, to invest their
money at the maximum rate Of in
terest that any legitimate invest
ment can safely bear.
I am quoting this letter 20 that
you, too, may realize the splendid
investment opportunity being offered
in San Antonio.
Miss Ruth Thornton.
Care San Antonio Light
We should like very much 10
have an opportunity to discuss this
loan with you personally. and In 4
vite you to call at our office att
your earliest convenience. Thist
will not obligate you to buy. butt
will give US an opportunity IN get
the matter before you clearly and IN
full. We are confident that II you
20 into the merits Of this invest
ment you will want TO buy a part
Of the issue.
This loan, as you know, is divid-
ed into notes Of $4,000, 100000 and
100000 denominations. a part Of
which is 10 be paid each Elk
months over q period Of ten years.
The interest rate is per cent, pay-
able semi-annually at the Alamo
National Bank.
The loan Is one Of the most typi-
cal examples OF a flrst-elsss real
estate mortgage that we have had
occasion 20 offer. 1t has every
pect and demand II you were
writing the specifications for The
loan yourself. and possibly more.
The borrower is entirely rsspon-
sible. being a duly chartered cor
poratlon with a first-class credit
rating. The type OF security IS
very desirable, consisting OF all
the unsold lots and acre home
sites in the Blue Bonnet Hills Ad-
dItion, which Is one OF the eleanest,
newest, most modern and beautiful
on the market. The margin Of Sc
curity Is very full, the loan repre-
senting less than half the value
OF the property mortgagsd. It 10 to
be repaid serialIy, thus assuring
a constant reduction OF the out
standing debt. The interest
rate is as high as can DO hid
on this class OF security issued by
a responsible mortgage house.
The purpose OF the loan was TO
rsfinancs the remainder Of the In
debtedness incurred for improve
rnents on q plan that would facili-
tate the sale OF lots by enabling
the company 20 offer more liberal
terms to purchasers; and to fur
Their exploit the addition through
an increased building program In
asmuch as tho repayment Of the
loan Is in some measure dspen-
dent upon new sales. this fea-
ture, too, operates in favor Of the
investors In these notes. For you,
Of course, understand that as each
lot or homesits 10 sold and paid
for its pro rata part Of the debt
must be. retired, in order TO clear
the title to that particular lot or
tract.
We offer these notes at par and
accrued interest and stand solidly
behind them with our usual
guaranty, insurins you against
possible loss. A full descriptive
circular showing maturitiss wfli be
mailed upon request
winner RIcHARDsoa AND
COMPANY, Inc.
RV Kenneth Winnav PrNSadent