Evening Republican, Volume 22, Number 237, Rensselaer, Jasper County, 1 October 1919 — Page 4 Advertisements Column 4 [ADVERTISEMENT]

x: — - ■ . .... f How the Straus Plan Safeguards Investments FIRST mortgage red estate bonds safeguarded under the Straus PLn b:• <- been found to be fundamentally sound through „ al! the changing ckc'vn - ncand conditions of the past thirtyseven ><• / . I <-ju.ie < i ide debnito and rigid system of with v. ’ J h \ c srrround every bond issue we underwrite. The chief features of the Straus Plan are as follows: • 1. We arc invcstme'it b--.!~.r.;, not a real Every-property must produce sufficient income estate ope ’ - r -tyinv, and we loan our itself to pay 6% interest on the bonds, retire funds or .he x.s <>i newdy bwpr >ved, in- - about 5% of the principaleach year-and leave * ——• —” come ,p-nn,iriug rd;d Acuate in the larger and surphis amoie for safety. -- ■ - ITpiteri. addtridraT :; 1 - T . u. . 2. Every loan is t.idu in the form of a first »- are required to deposit with us each month in "• -' mortgage serial bond issue. Each issue is advance one-twelfth of the amount of interest simply an oid-fashi.mei' n-t m<,'r f;e divided and principal "coming due during the year. This into bond*. Each b.> . 1 ts a dire, t fi-at mort- insures prompt payment of interest and principal gage mi a single specific piece of improved real in cash when due, and prudent and conservative estate securing it, and a first lien on the earnings financing on the part of the borrower. of the property. . . . , ———— *— 7. We limit our loans to properties tn good —— f, V These bonds are not our debenture obli- growing neighborhoods which show a steady gatiowsi *”■*obligations from whom we have purchased them. 8. c We loan only a safe proportion of the 4. The bonds are retired - ot^amoTtixed — value of the property mortgaged. by annual serial payments which reduce the . amount of the bonds outstanding i>>' about 5 % 9. We loan only to corporations and individeacb year without releasing any part of the uals of responsibility and good standing, property mortgaged. , , , ... 5. In addition to requiring ample equity in give investors an opportunity of purchasing the property over the amount loaned, we con- SI,OOO or SSOO bonds coming due in any length aider earning power a factor of vital importance. f l of time from two to twenty years as they may elect. The Straus Plan has been in successful operation for thirty - seven years without the loss of one dollar of principal or interest to any investor on any security purchased of us. We have prepared special literature of value to every investor. - Call, write or telephone—and ask for booklet No. -402. ______ s.m: strai s<x Co. ■ ' Established issz incorporated MERCHANTS BANK BUILDING—INDIANAPOLIS Telephone Bell, Main 1801 or Automatic 24-852 Chicago New York Philadelphia Boston Detroit Milwaukee Minneapolis St. Louis San Francisco THIRTY-SEVEN YEARS WITHOUT LOSS TO ANY INVESTOR

BOND ISSUES APPROVED. The state board of tax commisbond issue petitions.: Jasper county, Kankakee . township, Slight road, $2,000; Wheatfield township, Barlow road; $14,000; Jordan township, Gorman road, '$800; Hitchings road, $4,000, The rainfall for the last tiwentyfour hours as reported by the weath- : erjnan at St. Joseph’s college amounted to about two inches. 1 ' ■ —. ""■ | At this writing the wood-ehopper of Amerongen is still at the wrong end of the ax. —Syracuse Herald.