THE OMATIA SUNDAY BEE: FEBRUARY 20 1916.
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REAL ESTATE IIEH
PLAN C0J8PERATI0H
Idf cf a Get TopetleT Method fcj
Which Men and Firai Can Work
Together Jointlj is Propoied,
DEATT OP ARTICLES ABE OUT
LUSITANIA WIDOW TO GIVE AUTO TO GENERAL JOFFRE Mrs. E. B. Thompson,
widow of E. Bliss Thompson, who lost his life in the Lusitania disaster, is having the high
powered motor car of her late husband overhauled and will ship it to the French army commander-in-chief
as a gift. .
Te ml estate mm tt Omln now
Jiave Wore them a tMitatlr. draft of th.
preposition of forming a rI estate cor
poration for th. purpose of eriffajrtna; In
various linn of ral estate activities ,
Jotr.Hr. Tha Han la fathered hy the'
Omaha Real Rotate eehana:e. The flrat
ten shares or the atom at II") a ahara.
according to tha tentative draft, ahall be
aoM to the Real Estate aichanira aa a
body, -while the reit la to be aold to In
dividual member.
Frank H. Myera of Benson Myers
drew tha tentative draft, which ha re
ported to tha eac-hajis-e at tha laat meet
ing for dlsousslon. Briefly here la the
plan, which haa yet to ba adopted or re
jected: .
Plaa f r-OBretWa.
"That a corporation ba organised under
tha lawa of tha state of Nebraska liy
and from among tha mem be re of the em
change, to be known aa tha Omaha Kx
cbanire Realty company, or euch other
name aa may be aeltcted by the ex
change. That It have an authorised capital
atock of fino.ono of common atock In
harea of the par value of 1100 each.
That tha flrat ten eharea, or ft.OOO n
such atock, be aet apart and designated
aa special common atock and that the
aame be Issued and aold to tha Omaha
Real Eetate exchange at par from time
to time aa the exchange ahall make pay
ment therefor.
That thla atock be non-tranafera!e
and iwm-votlng.
That It receive In lletl of these prlvt
logea one-tenth of ail of the net profits
of the corporation ao long aa It ehill
continue to own and hold thla atock, but
upon the condition only that wheo the
fully paid capital atock of the corpora
tion shall reach fTAOOO the exchange shall
have paid for or the stock allotted
to It and that when the fully paid capi
tal atock of the corporation ahall reach
KiO,000 the exchange shall have fully
paid for the entire 1,000 of stock Issued
to It
"That the remainder of the common
stock of the corporation be offered to
members of the exchange at par upon the
following terms of payment:
'Ten per cent cash at the time of sub
script Ion and balance subject to the
call of the board of directors, but not to
exceed 10 per cent per month until aold
stock shall be fully paid for.
"The certificates of atock to remain tn
the hands of the corporation aa colla
teral security until fully paid for.
"The corporation to oe authorised to
begin buslneaa when 10 per cent ef the
capita! stock ahall have been paid for
and tha stotfk when fully paid, laaued
and delivered, to be nonassessable.
'The corporation to be managed by a
board of seven or nine directors, front
among whom shall be elected the arual
ef fleers, consisting of a president, vice
president, (or poaslbly two vice prasl
dnnta), secretary and' treasurer.
"AH cfflcera to serve without sompen-
y 7
i in i i i - if ii i in i A
AsJ g outt Ttasu3K)r.
satlon except the secretary, wne cnay
be allowed suffclit compensation to
cover hla actual out'ay la time caring
for the duties of his office. '
"The corporation by Its artlclea to be
permitted also to Issue whenever. In the
opinion of two-thirds of lam board of
directors, the conditions Justify It. pre
ferred stock up to the amount of 1100,-
OuO, such preferred stock to be preferred
as to dividends and aa to aaaeta In caae
of liquidation, voluntary or Involuntary.
Dividends to be cumulative and at
such a rate aa may be determined by
the board of directors at the time of
Issue, flame to be retlrable at the
option of the corporation upon, aay, sixty
days' notice and at auoh price as may
be determined by the board and stated
In the certificates ef stock.
Preferred is lfoa-Votlaa.
The preferred stock to be non-voting
and of course non-assessable beyond Its
par value.
The articles of corporation to be broad
enough to permit It to purchase, own.
mortgage and sell real estate; to take.
own, assign and sell all kinds of notes.
mortgages, contracts or other Instru
ments In writing affecting or evidencing
an Interest In real estate. To acquire.
hold, manage and dispose of leasehold
estatea. To borrow money and to pledge
under suitable restrictions Its assets as
security therefor. To loan money upon
proper security. In fact, to do any and
all things within the province of a-conservative,
well regulated real estate cor
poration." ....
teens, having moved into this suite of
rooms some five years ago and insisted
upon securing this same number when
taking up larger quarters.
The O. W. Calkins company Is contem
plating representing an eastern firm for
making loans In this city, and tbe Melster
Insurance agency la going to add all
lines of casualty Insurance in connection
to tbe general Insurance business.
The G. W. Calkins company la contem
plating the Installation of a large rental
department In the office. . There will be
one man that will take entire charge of
the rentals. 1
Real Estate Men
Anticipate a Big
Time at Convention
INSURANCE AGENCY
BELIEVES IN THIRTEENS
, a
The Nat Melster Insurance agency and
. W. Calkins company, real estate, have
taken on larger quarters adjoining' their
former suite of rooms, known as "ITU,"
In the City National bank building.
Tbese two firms have, been quite well
known In, their faith and belief In thlr-
- Real estate men are looking forward to
the national convention at New Orleans,
March 17 to II. They expect the biggest
attendance In the nine years of the Na
tional association's history. For the first
time the convention Is being held at a
season before the spring rush begins, and
real estate men are going to take advant
age of an opportunity to attend a con
vention without saTlflo of business. "We
are not oniy sure or a oninani program
on which some of the biggest men in the
country will d lacuna real estate matters,"
said Edward M. Slater, chairman of tha
convention committee of the Omaha Real
Estate exchange, but we are going to get
the raal benefit cut of studying conditions
In New Orleans. These condition are re
markable in their way.
"Part of New Orleans Is one of the
oldest cities In America, an eld fash
ioned city with Its famous cafes, cof
fee houses, with its French markets. Its
old cemeteries, with Us French quarter
suggesting a foreign world of houses built
to the street line, a world of congestion
and closed shutters until one wonders
how the air and light get In. .
Then, there Is a new New Orleans, a
strictly modern city that Is sharply in
contrast with the old city to which It la
wedded. The new city Is about a decade
old, and Its development haa been re
markable. St. Charles street Is ultra-modern
and high class In Its residential de
velopment, a thoroughfare of real
beauty in architecture, in foliage nnd In
upkeep. It Is graced by many of the
Louisiana palms which are famous among
horticulturists. S
New Orleans has made truly remark
able progress In dvlo Improvements dur
ing the last decade. As the city Is
below the lake and river level, It haa
solved a serloue problem by the in
stallation of an elaborate sewer system
wtth pumps to discharge its flow. This
system is said to be the greatest of its
kind in the world. The city also has a
municipal dock system, recently com
pleted, that sets an example to the
world. It has reclaimed hundreds of
a ores of swamp landa and dedicated
them to publlo purposes.
"We have alwaya accustomed our-
setves to the thought of New Orleans
as a center of Mardl Ores gaiety, as a
sleepy old southern town that wakea up
for a day or two every year and then
resumes Its slumbers. Instead, the city
has grappled with some of the greatest
and moat vital problems concerning
municipalities today, and It haa solved
many of them tn a way which will
prove most instructive to real aetata
men. For this reason, we are looking
forward with keen anticipation to visit
ing New Orleans during the conven
tion," .
advertisers and customers profit by the
"Classified Ad" habit . . .
Harlan Start Early.
Brooklyn's veteran pitchera. Cheney,
Marquard, Smith, Pfeffer and Kucker,
will go to Hot Springs Into In February
to get a week's start on the regular
squad. ,
HARRIS CASE IS
DECIDER FOR BEE
After Verdict for Defendant Victor
Rosewater Calli Attention of
Judge to Perjury.
ASKS SOME ACTION BE TAKEN
"Verdict for the defendant"' la the
way the return read, rendered by the
Jury at 2 o'clock yesterday afternoon
In the libel suit of Harris against
The Bee. '
The Juron went out Just before
the noon hour and did nothing until
after their lunch, when they evi
dently came to a decision at once
without any dissent whatever.
The forenoon bad been consumed
by the closing arguments. Attorney
Brome for the woman and Attorney
W. J. Connell for Tbe Bee, Mr.
Drome's special appeal being laid on
repeated emphasis of the statement
that unless the Jury accepted the
story told by Mrs. Harris, though
contradicted by the large array of
witnesses on tbe othe side, they
would brand her as a liar and a per
jurer, as well as confirming what
was said about her In Tbe Bee arti
cle sued upon. Mr. Connell merely
hit tbe main points that bad been
adduced and drove them In with tell
ing effect.
After the Jury bad been dismissed
Victor Rosewater, as one of the de
fendants, claimed tbe attention of
Judge Graves a moment and directed
him to the rank perjury that bad
been disclosed and asked that in Jus
tice to the court and all concerned
be request the county attorney to
look Into the matter and take such
action as might be warranted by
prosecution for perjury and subor
nation ot perjury any and all who
might be Implicated In It.
Judge Graves said he would comply
with the request, whereupon Attorney
Blaser. who la an attorney of record in
the case, but who had not participated
In the trial at all. Jumped up and pro
tested. RUSSIAN PAPER IN BERLIN
FOR PRISONERS OF WAR
(Correspondence of the Associated Press.)
BERLIN, Feb. 10k An unofficial com
munication announces the foundation of
a new Ruaalan paper to Berlin, the Ruaklt
Westnlk, whose purpose is to keep Rus
sian readers Informed "In an unpartlsan
sense" of the military and political situa
tion. The Russian prisoners of war, says
the communication, feel especially the
need of a newspaper whloh estimates
events "quietly and objectively." This
will be the only Russian paper they, are
permitted to receive.
Hollanders Fear
Japan Has an Eye
On an Island Colony
(Correspondence of the Aasoclated Frees.)
AMSTERDAM, Netherlands. Jan. 81.
JnpaneM commercial expansion In the
lutch East Indian archipelago la a sub
ject on which many colonial Hollanders
hold strong views. The fear a pacific
penetration by Japan of the rich "emerald
girdle." the Island group situated Just to
the south of the Philippines. Imports
from Japan Into the Inith Kaat Indian
colonies In the last fle years have more
than doubled and no amount to close
upon I.OOf.O'V) annually.
The Japanese have alredjr secured such
a hold on many branches of manufactured
aood goods on the Jiiva market that a
spontaneous bocottlng movement arose
somtlme ago against them. Much was
expected from this at the time, hut col
onial papers which have Just arrived In
Holland say that It will be almost Impos
alhle to drive Japan-made goods from the
Java .market, owing tc their cheapness,
the result of low-prlcea native labor in
Japan. These cheap rices have created
a steady, regular demand In the Dutch
Ea!"t Indies for Japanese goods.
The war In Kurope has benefited Japa
nese trade conslJorably. Japanese
matches, for Instance, are Imported In
large quantities now that tbe price of
F.uropean matches hat risen and delivery
Is unrertaln. Kears are expressed that
the Japanese exporter will find other
ways to enforce free lorn of intercourae
with the best customers, the native popu
lation of Java, while the poorer classes ot
whites also perforce patronise Japanese
traders ss they cannot sfford to pay
higher prices for Kurpean goods, even
though the latter may be of better qual
ity. Borne trsfles In the Dutch EaM
Indies are feeling the effects of the war
pretty seriously and Japanese exporters
have not been slow In seising the favor
able opportunities that have presented
themselves.
The Japanese trade feed to be, and still
Is. largely In the hands of Chinese mid
dlemen, but of late msny rurely Japanese
stores have sprung up In Java and else
where. According to the latest advices,
many big European Importing houses are
endeavoring, owing to the unsettled con
ditions In Europe, to make their positions
secure by opening up direct trade connec
tions' with Japanese exporting firms.
Knock: Grippe and
Colds Sky-High
A Bimple Some Bemedy. Bee the Dif
ference la a Few Honrs.
Bromo-Lax is the great "qulck-stqp"
for coliia and grippe. It's the simplest,
most ettectlve remedy you can get for
the purpose. It contains no ear-ringing,
head-buzzing quinine, no opiates
or any kind whatsoever. It works
quick, right off. Try it tonight, see th
rtlffrrenic tomorrow morning. If you
have a had cold In the head, and every
thing inside of it it-els t.ghi, or you
have a fever, bone cracksng ach.?a, wa
tery nose and eyea, weak all over, head
ache, chances are you've got or are get
ting the grippe. It's doubly dangerous
rixht now. It's epidemic. Stop It right
off with simple, safe Bromo-Ui, It'll
knock It quick. llromo-Ija sold at a 1
druggists, 25c a box. or aent direct by
Trlb Chemical Co., SfiO N. Clark St.. Chi
cago, 111. Be sure of the name Bromo
Lax the only genuine.
It takes but a mtnue of time to save
dollars when you read The Bee Want Ad
columns. '
GOAL
We Guarantee
03 A MA Be
The Cleanest Coal In Omaha
We handle every variety of coal used In
this city but we have none that we can so cheer
fully recommend. There's
No Soot
Intense Heat
No Clinkers
Very Little Smoke
Try a load. For furnace, grate, hot water
beater, stove, range.
McCaffrey dros. co.
Phone Tyler 40. ,
120 So. 17th St.
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OFFICERS AND LEADING ..MEMBERS DF FIELD STAFF
V-
OF THE
T7 o f
ri
lire jrasoraiffl
OMAHAe
e Company
SUBSTANTIAL GROWTH BY A SUBSTANTIAL NEBRASKA COMPANY
Insurance
Insurance
Insurance
Insurance
Insurance
Insurance
Insurance
Insurance
Insurance
Insurance
in force Dec.
in force Dec
in force Dec.
in force Dec
in force Dec
in force Dec.
in force Dec
in force Dec
in force Dec
in force Dec
3ht, 190S,
31st, 1807,
31st, 19C3,
31st, 1S09,
31st, 1910,
31st, 1911,
31st, 1912,
31st, 1913,
31st, 1914,
31st, 1915,
$ 589,750.00
866,CC0.00
2,773,000.03
4,417,500.00
5,786,250.00
5,658,600.00
6,120,773.00
6,551,501.00
7,757,906.00
9,190,702.00
Gross Assets Dec
Gross Assets Dec
Gross Assets Dec
Gross Assets Dec
Gross Assets Dec
Gross Assets Dec
Gross Assets Dec
Gross Assets Dec.
Gross Assets Dec
Gross Assets Dec
31st, 1906,
31st, 1907,
31st, 1903,
31st, 1509,
31st, 1910,
31st, 1911,
31st, 1912,
31st, 1913,
31st, 1914,
31st, 1915,
$ 1,924.00
7,612.00
25,866.00
86,345.00
178,323.00
268,250.00
345,624.00
428,680.00
480,651.00
532,848.00
Total Death Losses sustained since organization .... $ 76,450.00
Total Dividends Paid Policy Holders since organization - ... 177,377.70
Dividends Paid Policy Holders Exceed Death Losses by 132 per cent.
Every Death Claim has been promptly 'paid in full, without resist
ance and w ithout any expense to the beneficiary.
Competent salesmen in the various mercantile lines will find it to
their financial advantage to enter the Life Insurance Profession by
making connections w ith this company as Field Men.
BOARD OIF OEIRECTOIRS
W. W. YOUNG,
G. L. E. KLINGBEIL,
Treasurer and General Attorney.
President and Actuary,
D. D. HALL, OTTO POHL.
Secretary.
GEO. J. HASLAM, M.D.B.Sc, Vice President, Medical Director.
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