Evening Republican, Volume 23, Number 42, Rensselaer, Jasper County, 17 February 1920 — Page 4 Advertisements Column 1 [ADVERTISEMENT]

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

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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