Evening Republican, Volume 23, Number 42, Rensselaer, Jasper County, 17 February 1920 — Page 4
NO MORE than SIOOO worth to any one man. You can buy from SIOO to SIOOO, nothing under SIOO and not over SIOOO.
THIS issue of stock in plain everyday United States talk is nothing more or less than an 8* Non-Taxable First Mortgage. The .entire issue is the first lien upon all the property the Company owns, including all the earnings and all assets of every kind and description. The Company owns free of all incumbrance, its own building, having 40,000 square feet of floor spaoe, machinery and general equipment. The total assets aggregate more than $46,000.00.
THE present pay roll runs about $36,000.00 per year and no of the Company draws a salary as such officer.
THE Factory at the present time employs on the average of 40 men. There should be at least that many more, there should be additional machinery, moic raw materials bought. That’s the reason an issue of 8 % non-taxable preferred stock is made. -, > THE average dealer that buys furniture from the factory won’t wait a whole year for it; you can’t blame him. The factory has to double its output, buy additional machinery, buy raw materials in larger quantities and double the force of men in order to get out PRESENT orders as well as be in a position to accept additional ones. , To do this, takes money. And the iactory can afford to pay 8% for that money and back the $25,000.00 issue with $46,000.00 worth of assets as well as $100,000.00 worth of orders. There are several Chicago men willing to take the entire issue but it is thought better to s ell it at home, consequently the entire issue is for sale to people living only in this vicinity in denominations of SIOO to SIOOO. „ ..
.S'. C. Irbuin
OBITUARY. In this obituary must be marked tW r* of one of Jasper counMcClanahan, son of Fiance* and Amelia McClanahan, was born in Scott county, Indiana, May 24, 1848. __ ' , lie was united in marriage with
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FOR SALE IN THIS VICINITY ONLY » _ -- tu 4 $25,000 WORTH OF 8% Non-taxable, Preferred Stock in the 'REJMSSELAE'R CO. A Rensselaer Corporation Manufacturing Chairs, Davenports, Etc. SOLICITOUS P'KOMOTE'RS
STOCK far sale to people in this part of the country only. To people who WANT it. No one is going to SELL you same or attempt to do so.
Sara J. Williams, daughter of Reece and Priscilla Williams, Oct. 11, 1871, at Lexington, Scott county. Twelve children blessed. this union. Eleven and the mother still survive to mourn the loss of a kind and loving husband and father. John E. ,of Hammond, of Chicago Heighta, BL, James D., of Chicago, Ross, of Kewanee, HL,
The 8% dividend will be paid quarterly. Every three months you will receive your cheque for 2% of your holding.
THE Company has on hand over $100,000.00 worth of unfilled orders and additional orders coming in hourly,. _________
Mail ihe 9lanK {or "Brin# Same) with Cbeqae for 10 per cent, of the Amount you "Dejire, to any of the following: Übe Hilliard igl Hamill Clothing Store /
TRIE KVMNTNG RMPUBLICAN. RENSSELAER. IND.
: Delos and Kenneth, who live in . the home in Union township, Mrs. I R. Harmon, of Monticello, Mrs. R. Sheridan, of New York City, Mrs. i Dallas Gunyon of Monticello, Mrs. Emmett Hopkins and Mrs. F. ' Payne, of this county, are the living children. Another daughter, : born Sept. 21, 1878, died {June 29, 1879. Tdn grand children »
ASSETS Stock and Material $14,461.99 Real Estate i $20,000.00 Machinery and Tools—... $ 3,500.00 Bills and Notes receivable..s 8,214-05 Office Sup. and Equipment s 350.Q0 Truck £ _ _ $ 300.00 Total Assets _546,876.04
SHIPMENTS MADE IN 1919 January $ 252.52 February - $ 1,179.60 March $ 1,026.50 April —$ 1,697.56 May $ 2,532.60 June —$ 3,495.87 July _ $ 2,925.75 August $ 5,442.30 September S $ 9,340.70 October » - ... _A10.464.31 November . ....$12,043.35 December - $15,242.30 -. . . - — . ; . .. ..Ui .._ • ■ a.. ... Total $65,553.36
THE RENSSELAER MANUFACTURING CO. RENSSELAER, IND. Preferred Series “A” Stock $25,000.00 I hereby subscribe for shares of Series “A” of the Preferred Stock of the Rensselaer Manufacturing Co., at par value one hundred dollars ($100.00) each: the same to be fully paid, non-assessable, and non-taxable at par, amounting to Ten per cent, of said amount is .....and I hereby agree to pay the balance in ten days when said stock is issued to me. Dated this ? day of 1920.
and one great chandcihild also survive the deceased. Mr. McClanahan was one of Jasper county’s leading citizens and was held in the highest esteem by all who knew him. He was fond of his home and was loved dearly by has children and bereaved wife. He was a charter member of Parr lodge L 0. O. F. 789. Early
FOLLOWING IS A STATEMENT OF THE ASSETS AND LIABILITIES ~ OF THE RENSSELAER MANUFACTURING CO.
Unfilled orders to Jan. 1 $92,234.49 Unfilled orders since Ist $ 7,782.25 Total unfilled orders -$100,016.74
in life he united With the Presbyterian church and later transferred Ins membership to the Methodist church. • ■ CARD OF THANKS. May we express >to our many friends and neighbors our heartfelt thanks for their many acts of loving kindness shown us during our ji ■ । "«i '-■
LIABILITIES Accounts Payable $ 8,792.07 Notes Payable $6,000.00 Total Liabilities $14,792.07 Total Assets —546,876.04 Total Liabilities $14,792.07 Net Worth £
Undoubtedly this issue, being small, will be sold quickly, and if e you are interested and want an non-taxable investment fill in below. The Rensselaer Manufacturing Go. reserves the right to reject, any application and refund the 10* advanced. / TAXES DUE MARCH 1 _ Money on hand when the assessor calls is a liability. This Preferred Stock is non-taxable and pays B*. Tri vest in same before March Ist.
i John A. "Dunlap
late sadness in the Joss of our beloved husband and father. _ MRS. J. H. MCCLANAHAN AND CHILIHIBN. " “ ..VK——— । Now will you believe that the groundhog saw Us shadow and that he knows enough to riwnain in feds hode for six weeks?
