Year: 1878

There can be no question that for women
good registered bonds are specially desirable,
being less troublesome than any other securi-
ties. But II often happens that women inherit
real estate, and few remarks on its manage
ment may be useful. very wise man OF fifty
years experience in taking care of property.
especially for women, once SAID to me: :" II a
woman is LEFT with house at all sGlted to her
condition, always advise her to keep it. A
woman with house OF her own-a home
will usually get along even on very small in
come; and she and her family if she have one,
will be much happier il they have home than
they could be without 1t. Without home OF
their own, they are usually unsettled and cub
ject to many dlscomforts' And so, il woman
inherits other real estate and il yields her a
moderate income, it will scarcely be wise to
part with it, especially if 1t be situated in a
village or city that is growing. The mere re-
tention OF real estate in these circumstances
has made thousands rcb. Avoid mourning a
debt for the Improvement OF such property.
|
inherited $4,000 OF real estate, which yielded
her fair income, equal to every want But
not contented, she borrowed money to make
costly improvements and to erect new build
ings Now, with the decline OF property, her
rent-roll hardly pays her interest and taxes
and she is liable to heavy losses by foreclosure.
or course good securities, of whatsoever sort,
should be kept, that is, not exchanged for
others for the sake Of little hoped for gain.
While it is not wise to carry all ones eggs in
one basket, it should be remembered that eggs
are liable to break in handling. II s easy to
loosen up property, but not easy to re-estab-
lish it,


PROPERTY TO RENT OR SELL.


In renting houses, stores or other property,
the following rule is worthy of regard. Be
satisfied with a moderate rent from good
tenant. high rent is oppressive, and tends
to break down tenant and entail loss on the
landlord When application is made for store
or house, take time to inquire about the char
Acter and financial standing OF the applicant,
and also about his habit of paying rent If a
house is wanted for the purpose Of keeping
boarders, and the payment OF the rent depends
on the success OF that business alone there
can be no doubt that the payment Of the rent
will be quite uncertain. And 60 in respect to
renting store; il the merchant has no proper
ty but his stock in trade, bought perhaps to a
large extent on credit, you share in bis nsks,
which may be quite unwise II some new en-
terprise is contemplated in the use OF your
remember that the risk OF its success Is largely
you no. When property is t. be rented. a
lease in legal form is desirable, and should al
ways provide for ejeciment il IT'S covenants are
not kept. IL is often better to lease properly.
especially land, ct moderate rent than to sell
1t, Tor when a sal Is made il implies reinvest-
ment, which has its dangers. THIS is especially
true Of land that is improving. But if there be
on upward tendency IN property, present or
prospective or il the property is largely IN
buildings which will require contiausI expense,
q
exist. But never parJ with real estate without
carefully iorecastiog the future Some Of the
largest estates in our country, ndlsrge estates
are not few, have simply grown up out Of the
retention OF real estate.


HOW TO INCREASE PROPERTY.


1t rs seldom advisable for women who have
q sufficient income to attempt its increase by
exchanges or investing it in business. But
there are many whose income is inadequate,
and who are under the necessity Of increasing <
their income or OF leaning on their friends.
Supposing woman IN these circumstances is
OF an Independent spirit. and resolves not to
depend on the assistance OF friends. my first
suggestion to her would be TO resolve that,
come what may, her present property shall not
be diminished. And If to what she has she can,
by self denial and earnest effort, add some
thing from time TO time, the tide will at length
} turn in her favor. She may hear it whispered,
Molly Stark has taken up teaching has be-
come governess s copying law papers-quite
a tumble" Well, Molly Stark Is not beholden
, to such, nor ever Will be.


, Saving and laying up ia the habit that sue
, ceeds. Il seems to be in the blood OF some
) families Of both sexes alike to be independent
Cost what 1t may OF present self-deual, they
D will set the bali rolling that will glow into a
i round competence. How much better and
happier is such life in the loug-r1n than a
4 life OF supineness and semi dependence I need
! not say. But 1t often happens that young
women, and some also who are not young. IN
. the vicissitudes OF families are thrown entirely
upon themselves with no income at al. such
e persons need special encouragement and help
1 ful hints, which 1 will gladly try to suggest to
them.