THE OMAHA SUNDAY BEE: JUNE 11, 1916.
9 A:
ANOTHER OLD
LANDMARK GONE
Hotel, at Ninth Bnd Farnam.
Gives Way to a New
Structure.
WAS BUILT IN EARLY DAYS
The wrecking of the old three
story frame hotel building at Ninth
and Farnam streets, directly south
and across Farnam street from the
Union Pacific's old headquarters,
marks the passing of another of the
pioneer landmarks of Omaha. It
marks the obliteration of one of tiie
links connecting the early History
of the city with the present.
The old hotel building that is now
being demolished by the wrecking
crew was known from coast to coast
in the days when Omaha was in its
jvaddling clothes and was known as
J hostelry of considerable impor
tance, but a few years ago it de
generated into a cheap boarding and
jqiping house and such it remained
until it was determined to raze it
that a modern business house might
be erected upon the site.
The old hotel building that was
originally kniwn as the Edwards'
hotel was erected close to fifty
years ago and while it has been
standing and occupied as a hotel for
nearly half a centur - 'ration
of Omahans. ' upon the
stage of acfitm, played their parts
and passed on, but during all these
years the old hotel has withstood the
ravages of time and even now the
wreckers are finding it in pretty good
condition.
Omaha Needed a Hotel.
Along in 1867, although Omaha
was only a frontier town, owing to
the great amount of travel passing
through its gates, there was a de
mand for more hotel facilities. In
those days there was a Dr. Isaac
Edwards residing here. He had ac-
( cumulated a comfortable fortune and
being public spirited he concluded to
erect a hotel. Ninth and Farnam
streets was selected as the site and
property bought there. Plans were
prepared and at a cost of $21,000 dur
ing the summer of 1867 the hotel
was built, Ihe timbers used in the
construction were framed in Chicago
and shipped here. Carpenters and
other mechanics from there came
along to do the building.
Named it Edwards.
Having completed the hotel to per
petuate his name, Dr. Edwards called
the new hotel the Edwards, and a
Mr. Godfrey, who latersjilatted God
frey's addition to the city of Omrha,
became the first proprietor. From
the start the hotel was popular. Dur
ing the Godfrey regime it housed
many notables who were coming to
Omaha as well as those who were go
ing on farther west, but made this a
stopping place for a time while mak
ing the journey.
For two years the hotel continued
is the Edwards and then it was sold.
With the sale there came a change
of name and for some years it was
known as the Casement, in honor of
one of the men who had the contract
for the construction of t long
stretch of the Union Pacific "grade.
Paddock Takes Charge,
The following year a new proprie
tor in the person of Senator Pad
dock came onto the scene and took
charge as proprietor. With his com
ing the name of the hotel was again
changed and this time to the Wyo
ming. It continued as the Wyoming
for a number of years, Senator Pad
dock being succeeded as proprietor
by John C. Higby, sr. Then the late
Harry Gilmore had a season of hotel
proprietorship and then Ira Higby
was the proprietor.
As years passed and business com
menced to move west the Wyoming
lost caste as a nrst-class hotel, but
It continued to be a home-like place
for those who were not seeking too
much style. With the passing of
time it became known as the Elsas
ser and for a period was conducted
by Jacob Elsasser. Subsequently it
was known as the Canfield and as
such it remained for -several years,
being conducted by George Canfield,
later to become the Faris and still
later the Daily. ;
The Daily stuck to the hotel for
several years more and as such it was
known until not long ago, when this
name was dropped and the place be
came a lodging house.
LEADERS OF THE FIRST WOMAN'S PARTY NATIONAL CONVENTION IN CHICAGO In the front row, from left to
right, are Mia Helena Hill Weed, Mr. Sara Bard Field, Mrs. Harriot Stanton Blatch, Dr. Rowena Mann, Mr. Bertram
Sippy, Mr. O. P. H. Belmont and Mrs. Ida Finney Mackville.
r
Ealston
Social Gossip
Miss Florence Mills has returned
to her home in Lincoln after a visit
at the F. P. Andrews home.
Mr. T. Rothermund is the owner of
a fine new touring car, purchased last
week.
Mr; James Kimball arrived here
t Thursdav from Winnipeg. Can
ada- He departed Monday, taking his
little son, Oeorge, wno nas Deen
spending the winter with his grand
parents, Mr. and Mrs. D. L. Ham.
James and Eugene Strahl of Lin
coln were visitors here Friday.
Mr. Robert Lcdwich departed for
Harlan, la., to spend Saturday and
Sunday.
A number of the young folks en
joyed a party given by Raymond
Roberts Saturday.
Mr. and Mrs. J. J. Richardson were
called to Nebraska City by the seri
ous illness of Mrs. Richardson's
father.
A farewell dancing party was given
for Dr. and Mrs. King, who are leav
ing for Washington
Almost a hundred guests enjoyed
a five-course dinner Monday evening
when the Papillion High school alum
nae entertained at a banquet and
dancing.
Hav Fever Preoaredness
k
I It vitally important to millions of uf
I fercrs- B prepared by calling on your
drain iris t or writing U lor Dottl of
"SNUKFINE," Cook'i Hay Frer Relief,
ootitive and non-injurloua relief for
HAY FEVER or ROSE COLD,
for SALE at all Drug Stores or mailed
to you direct upon receipt of 11.00.
Write for Pamphlet.
COOK CHEMICAL COMPANY,
CASPER, WYOMING, U. S. A.
'Hal
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Social Affairs
of the South Side
West Ambler
Social Activities
The members of the junior B class
entertained at a picnic at Hanscom
park for their sponsor, Miss Helen
Hendrie, who will be a June bride.
. The marriage of Miss Mirle Cooper,
daughter of Mr. and Mrs. N. E. Coop
er of Fort Madison, la., to Harry
Cheek of this city took place Thurs
day, June 8, at noon, at the home of
the bride. After an eastern wedding
trip Mr. and Mrs. Cheek will make
their home in the South Side. Mr.
and Mrs. E. A. Rose and Mr. and
Mrs. W. B. Cheek attended the wed
ding. The Misses Mercedes Breen and
Hortense Eads entertained at a bridge
party Staurday afternoon for Miss
Francis Willard, whose marriage to
Arthur McDonald will take place June
27 at Muskogee, Okl.
" Mr. and Mrs. Herman Stienberg an
nounce the' engagement of their
daughter Harriet to Mr. Harry Cooler
of Indianapolis. No definite date has
been set for the wedding.
Mrs. S. Drysoos of Sioux City is
the guest of Mr; and Mrs. Herman
Stienberg.
The Misses Katherine Crawford and
Gladys Van Sant gave a dancing
party at Turpin's academy Thursday
evening, June 8. Dr. and Mrs. E. L.
DeLanney, Dr. and Mrs. Lindquist
and Mr. and Mrs. Ware chaperoned.
Those present were: Misses Ada
Black, M. Krug, Viola Williams, G.
Van Sant, C. Crawford, M. Horn, A.
Peterson, J. Hall, Madge Sturrock, P.
Faulkner, V, Carlson, M. Morledge,
Eline Edwards, Pearl Crowe, Anna
Nelson, Aurora Peterson, I. Dugan,
Mae Beck, Hazel Lake, L. McCullogh,
N. Horn, W. McCullogh, M. Keatley,
V. Foley; Messrs. Gockley, L. Lowry,
J. Schultz, Chester Bowers, R. Bar
cley, Harry Reschke, H. Hill, J. Col
line, W. Gallaway, F. Powell, Ernest
Carlson, H. Dwyer, Charles Rogers,
H. F. Murphy, Forest King, Gellors,
P.. Kamanski, J. Kennedy, B. Ricks,
B. Stewart, E. Luther, T. Deneen,
Dowling and M. Miller. '
Miss Odella Jensen of Nevada, la.,
Is the guest of her cousin, Miss Fran
cis CasteeL
Mrs. Ernest Smith returned Sunday
after an extended eastern trip.
Mr. and Mrs. Morris Perrine and
son Jack left Saturday in their auto
mobile for a trip through Yellow
stone National park.
Mrs. Ellen Bennett and daughter
Vetta of Albany, 111., who have been
visiting at the home of Dr. and Mrs.
C A. Day, returned home Saturday.
The cast for the Shakespearean
play, "As You Like It," gave a picnic
at the Country club Tuesday after
noon. Msr, Goodman Cohn and son Sid
ney have returned to their home in
Denver after a month's visit with
Mrs. Cohn's mother, Mrs. J.-Levy.
'Mrs. J. C Munt and daughter left
for an extended trip on the Pacific
coast.-
Mrs. I. L. Van Sant entertained
the Sojourners' club of the Shrine at
her home Tuesday afternoon.
Miss Helen Kavanaugh will enter
tain the graduating class of the
Sacred Heart High school at dinner
at the Seymour Lake Country club.
Mrs. E. F, Shanahan will chaperone.
The seventh grade of St. Bridget's
school entertained the eighth grade
at a breakfast at the school Tuesday
morning. All members of both
classes were present.
Mrs. Harry, Boyd entertained the
New Century club at her home Tues
day afternoon. - Prizes were won by
Mrs. J. M. Cummins and Mrs. James
Sheahan.
Mrs. Frank McDonald, who leaves
soon to make her home at Shreve
port, La., was given a farewell sur
prise by the members of the New
Century club last week.
The South Side Kensington club
w "Mi tfT
entertained their husbands at an auto
mobile picnic at Marion park on the
Bellevue boulevard Saturday after
noon. Those present were! Mr. and
Mrs. W. Madden, Mr. and Mrs. C.
Dawson, Mr. and Mrs. A. Noyes, Mr.
and Mrs. F. How, Mr. and Mrs. I.
Howe, Mr. and Mrs. F. Curtis, Mr.
and Mrs. L. Strawhacker and Mr. and
Mrs. J. Cummins.
Mrs. J. H. Wiles entertained the
Tuesday Afternoon club at her home
on the north side last week. The
members present were: Mesdames
P. Woods, J. M. Cummins, T. Moore,
J. Gaser, J. Wells, A. H. Holcroft,
F. Schile, T. Smith, G. Considine,
J. Mulcahy, G. LaValle and E.
Polsley. ,
Miss Rose Hannon, assisted by Miss
Josephine Finnegan, entertained at
the home of Miss Hannon Friday
evening for Miss Leola Morelock,
sister of Mrs. George McDonald, a
popular visitor from St. Joseph, Mo.
Those present were: Misses Leola
Morelock, Margaret Nolan, Eunice
Mangan, Eusebia Mangan, Tess Mul
cahy, Katie Heafy, Theresa Heman,
Agnes Corcoran and Margaret Dohan.
Mrs. Charlotta Lee announced the
engagement of her daughter, Monetha
Julia, to William Carlson of this city.
The marriage will take place at the
new home of the couple at Seven
teenth and H streets Wednesday eve-J
mng, June 21. Invitations have been
issued.
Benson
Social Circles
Lew W. Raber returned Thursday
from the western part of the state.
The primary department of the
Methodist church will give a Chil
dren's day program rals morning.
T. N. Boner of Burley, Idaho, is a
guest at the home of his brother, F.
L. Boner, and family.
Mrs. Albert Eppick of Denver,
Colo., spent part of last week visiting
her sister, Mrs. John Marshall.
Mr. and Mrs. A. King of Marsh
field, Wis., were visitors at the home
of their aunt, Mrs. M. Van Horn, last
week.
Miss Mable Daley was surprised at
her home Monday evening by a num
ber of young people from Omaha.
Miss Beulah Byars left this week
to spend the summer with friends and
relatives in New York state.
. Miss Anna Owens of Colorado
visted at the G. R. Williams home
while on her way to Lacrosse, Wis.
Mr. W. P. Hartley and daughter,
Ida, of Eldora, la., are visiting at the
home of his daughter, Mrs. F. S.
Walker.
Mrs. Edward Jeffries visited at the
home of J. G. Phillips while on her
way to Leavenworth, Kan.
Mr. and Mrs. Carl W, Meyer of
Winterest, la., visited at the C. J.
Johnson home while on their way to
Peru, Neb.
Miss Ida Sullivan and Mr. W. E.
Tabor ;of Cedar Rapids, la., were
married last Wednesday at the home
of the bride. The young couple will
reside in Cedar Rapids.
The English Lutheran missionary
circle will meet on Thursday at the
home of Mrs. C M. Whitaker.
Mr. and Mrs. S. Rosander of Red
Oak, la., and Messrs. Henry and
Alfred Andree of New York were
recent guests at the P. S Rosander
home. '
Mrs. Ben Morton has returned from
a week's visit in Ogden, la.
A concert was given at the Presby
terian church Thursday evening by
Omaha talent under the auspices of
the Christian Endeavor.
Mrs. J. B. Rice and family of Oak
land, Cat., arrived Tuesday and are
guests at the H. C. Forgey home.
The Baptist church will celebrate
its tenth anniversary next Thursday
witn a program and refreshments.
Mrs. J. C. Edwards and children
have gone to Blair to visit some time
with relatives.
Mrs. J. N. Horton and Miss Stiger
have gone to spend some time in the
country near Elk City.
Mr. and Mrs. C. C. Beavers leave on
Monday for Nebraska City to attend
the wedding of Mr. Beavers' brother,
Dr. J. C. Woodring.
Mrs. W. J. Mills and sons left on
Monday to spend some time visiting
relatives in Missouri Valley, la.
Miss Lutie Palmer of the Winne
bago reservation spent a couple of
days last week visiting at the Duke
Pence home.
Mrs. Dr. Ryman, of the western
part of the state, visited last week
with old friends here where she for
merly lived.
Mr. and Mrs. Gardner Talbot and
children moved to Lake Manawa last
week where they will be employed
during the summer.
Miss Marie Wells of Hugo. Okl..
arrived last Thursday to be the guest
of her aunt, Mrs. Vincent Kinney.
The Methodist Foreign Missionary
society will postpone its meeting next
Wednesday on account of the Flag
Day parade in Omaha.
E. A. Burmeister, who has returned
to Omaha from the Panama canal
zone recently, visited relatives here
during the week.
C. A. Bailey of the western part of
the state and father of Mayor r. A
Bailey, was run down by an auto and
killed last Thursday. He was well
known among Benson residents.
Mr. and Mrs. D. S. Williams en
tertained at dinner Sunday, when
covers were laid for Mr. and Mrs.
Herman Thomas of Nehawka. Nch .;
Mrs. J. W- Gamble, Messrs. A. Otis
and J. Eaton of Omaha, Mrs. E. Por
ter of Onawa, la.
Mrs. J. ,M. Shay entertained on
Tuesday for Mrs. N. T. Todd of
Broken Bow. The guests were Mes
dames F. Rouse. G. W. Sowards. D,
C. Wilson of Benson, R. G' Hinman,
A. U. Wells, J. A. Welch and C. W.
Waterman of Omaha.
Miss Marguerite Liljenstolpe was
bridesmaid at the Johnson-Bloom
EXCURSION FARES EAST
VIA
ILLINOIS CENTRAL R. R.
Choice of circuitous and direct routes to NEW
YORK and BOSTON. Attractive routes to all Eastern
Resorts.
OPTIONAL OCEAN, LAKE AND RIVER TRIPS
Liberal Stopovers
Why not let us assist in planning trip affording
visits at Principal Cities and Summer Resorts in the
East? '
Tickets on sale daily, with 60-day and October 31st limits.
For further Information and attractive literature, call at
CITY TICKET OFFICE, or write S. NORTH, District Passen
ger Agent, 407 South 16th St., OMAHA, NEB.
PHONE DOUGLAS 264.
PskBtWrBAUl
Sanatorium
TUt Institution la the only one
In ths oentnl wwt with saput
buildings attuatod In their o.
ample grounds, rt entirely dl
ttnet, and readerlnc It possible to
classify eases. The one buldlni
bain, fitted tor and devoted to the
treatment of non-eo&taglous and
non-mental diseases, no others be
ing admitted; the other Rest Cot
tag being designed for and de
voted to the exclusive treatment
of select mental eaaes requiring
for a time watchful can and spe
cial narslng .
Guard A&ainst
Imitations
The Genuine
PurcMalfwh'iskey,
has this Trademarlt
on every Bottle
VoneveryBottle I
wedding in Omaha Tuesday evening.
J. W. Welch was elected as one
of the directors for the Rotary club
for the cominc year at a meeting
held in Omaha on Wednesday.
The Methodist church choir gave
a surprise shower at the home of Mr.
and Mrs. E. J. Whistler in honor of
Miss Ruby Davey and Mr. Harry
Reed. The young couple were pre
sented with a cut glass vase- The
rooms of the home were decorated in
apple blossoms. The guests were
Messrs. Harry Reed, J. M. Bailey,
George Musk, J. Calvert, W. J. Mills
and A. Moulthrop; Misses Ruby
Davey and Irene Moulthrop, Mes
dames W. J. Miller, C. Stephens, J.
C. Edwards. T. W. Parsons. F. Berrv.
G. W. Musk, Ed Yarton. Will Yarton,
M. Searson, T- Dickinson, F. Bumpus,
F. Berry and A. Breford.
Wichita Hh Nnr Fltohtt.
Wichita, Kn , Jun 10. Emit LUton,
pltch.r, irrlvtd bar today and will ba (Ivan
a trial with the Wichita Wntarn lu
tm. in ii a lisht-handar. Racintlr h
hii bsptt coach at Kcmptr Military academy.
Mrs. M. Milroy of Omaha was the
guest of Mr. and Mrs. C Boyland
Sunday.
Miss Eda McGee of Council Bluffs
is visiting Mrs. W. A. Webber on
West Arbor street.
Messrs. Frank Marshall and A. J.
Wisler and wives motored to Minden,
la., Monday.
Mrs. P. Lynch and L. Hart, who
have been guests of their cousins,
George Sutton and wife, left Tuesday
for their home in New York City.
Mr. and Mrs. C. T. Wsllin and
daughter, Elsie, and Mesdames J.
Nicholson and M. Highbee went to
Valley Thursday to visit relations.
Mrs. Arthur King, assisted by Mrs.
J. E. Carman, will entertain the West
Side Woman's Christian Temperance
union at the home of the former on
Thursday afternoon.
Mrs, Eva Rabshaw, who has been
the guest of her son, John Rahshaw
and wife, left Tuesday for her home
in Peru, la. '
Miss Mildred De Freese of Sidney,
la., has been the guest the last week
of Mr. and Mrs. John Fulmer.
Miss Helen Barroff of Chicago is
the week-end guest of Mrs. H. G.
Claggett and daughter, Mrs. E. A.
Stevens.
Miss Edith Severlne of Denver,
Colo., is the week-end guest of Mrs.
S. A., Weston.
Mr. Fred Fuchsbergir of Sioux
City and Mits Mabel White of Lin
coln were married Tuesday evening
by Rev. Charles Savidge at the home
of the bride's aunt, Mrs. T. L. Day,
on Firty-sLttll :and William streets,
and left Wednesday for their future
home in Sioux City.
The Ladies' Aid society held its
annual house cleaning at the church
Thursday in the place of the regular
sewing at Mrs. E, O. Grover's as was
announced last week.
Mr. and Mrs. John Rabshaw had
as their guests this week Mr. and
Mrs. Ralph Saunders.
Mrs. George Sutton entertained at
dinner Wednesday evening in honor
of Mrs. M. McGrann. Those present
were Mrs. M. McGrann, sr., and Mrs.
M. McGrann, jr.; Mrs. J. Miller, Mrs.
L. O'Brien and daughter, Mrs. M.
Shelter and daughter and Mrs. L.
Danley and daughter.
Mrs. David Johnson celebrated her
birthday Saturday evening by giving .
a dinner. Covers were laid tor Mrs.
M. Todd and daughters, Misses Verna
and Virgina, Misses Irene Shupp,
Kate Cogan, Beatrice Davies, Mr. and
Mrs. Fred Haynes and Mr. and Mrs.
George Peck, Mr. and Mrs. John Rab
shaw and Messrs, D. Kennedy and M.
Wenholi.
Mrs. N. F. Thompson was given a
surprise party by the following neigh
bors Wednesday afternoon: Mes
dames R. J. Sutton, E. Doll, S.
Weston, B. Polley, A. Hatfield, L.
Bullock, A. Wiig, G. Hayes, F. Jen- '
sen, G.' Christiansen, A. Iverson, J.
Peterson, A. Jasperson and J. . A.
Jacobsen. They presented her with
a solid silver berry spoon.
Wanted Some Want Ada in ex
change for lots of answers. Phone
The Bee.
SH.
5
ATTENTION
DEMOCRATS
Missouri Pacific has been selected the route to St Louis to Na
tional Democratic Convention. Special trains will be operated from
Omaha and Lincoln for the Convenience and Comfort of Nebraska
Democrats and Friends. .
Leave Omaha 8 p. m June 12th Leave Lincoln 4 p. m.
Arriving St. Louie 8 a. m., June 13th
Governor Morehead'a Special Cars will be on this train.
Round-trip fare from Omaha to St- VovSa, 120.80. -
For further Information, deeping car reservations, which should
be made at once, CALL ON,. TELEPHONE OK WRITE
H. T, CU1NN,
GENERAL AGENT,
Lincoln, Nab.
THOS, F. GODFREYj ,
; General Agent Pass. ..
Dept., -x
Omaha, Nobraaka.
OR ANY MEMBER. OF THE CONVENTION COMMITTEE IN
OMAHA, NEB., OR LINCOLN, NEB.
t $2,100,000 .
8 Per Cent Cumulative Participating Convertible Preferred Stock of fh
Gasoline Corporation
A Delaware Corporation
Manufacturing Gasoline by the Groonstroat Process
CAPITAL STOCK Fully Paid and Non-Assessable PAR VALUE, f 8 PER SHARE,
Authorlssd Preferred Stock. .
Present Offering
,.13,000,000
2,100,000
Outstanding ....$ 000,000
Common Stock 7,000,000
OFFICERS AND DIRECTORS
Charles J. Orcenltraot, President.
Rohert SeegeT, Wellabach Llfhtlnl Co., St. Loutl, Mo.
Harry a. f amwell, angmaer, sc. ixiuis, jno.
James Scott,
General Off ices i
118 Broadway, Now York.
Franklin O. Colby, Vlce-Preo't. Trees,
Henry O. Evana, Secretary. . ,
1. M. Slmonin, una.
Capitalist, Pittsburgh, Pa.
Philadelphia, Pa.
Transfer Agent A Registrari
United States Corporation Co., New York.
We summarise from letter of Charles J. Greens treet, President of the Corporation, the following:
COMMERCIALLY PROVED REVOLUTIONARY PROCESS OF MANUFACTURE
The Corporation U the owner, under broad and basic patents, both aa to method and apparatus,
of a process involving a new and revolutionary principle of refining oils, which converts 68 per cont to
80 per cant of low grade cheap kerosano, gas oils and other distillates, as well as crude oil, into 'thai
highest grade Gasoline and Naphthas, free from Carbon and Crease, and developing from 28 par cent
to 30 par cent greater efficiency than tbe gasolines now being generally sold, thus rendering avail
able for profitable utilisation by this process the residue of other refineries after they have extracted
all of the gasoline obtainable from crude oil by their methods, and opening the widest source of supply
of raw materials at a coat much below the price of crude oil. ' .
The patents and rights to patents cover the United States and its dependencies, Mexico, Centre)
and South America, the West Indies, Asia, Africa, Australia, New Zealand, and Japan.
THE GASOLINE PROBLEM SOLVED .
The process has been in commercial use for over two years, has been subjected to the severest
tests of experts and millions of gallons of the product have been sold at the highest market prices
and given complete satisfaction. It requires less than two minutes to convert 40 per cent to 50 per
cent of a kerosene distillate into gasoline.
The process requires very small investment for plant, and extremely low cost for operation and
maintenance, as compared to all other known processes.
RIGHTS OF PREFERRED STOCK
The Preferred Stock is entitled to a cumulative dividend at the rate of 8 per cent per annum,
is preferred both as to assets and dividends, and after the payment of dividends at the rate of 8 per
cent upon the Common Stock, is entitled to participate pro rata In all excess earnings. At the option
of the holder, it may be converted at any time in to Common Stock at par for par. No mortgage or
other funded lien can be placed upon the assets of the Corporation without the consent of 75 per cent
of the outstanding Preferred Stock.
A GOING CONCERN
The corporation owns three refineries now in full operation, producing at the rate of 10,000,000
gallons per year. Additions are now being made to the refineries from cash now in the Treasury
which will increase capacity by August 1st, 1916, to 20,000,000 gallons per year.
PROFITS OF MANUFACTURE
Gasoline produced by the Greenstreet proce ss is being sold at a profit of 8 cents per gallon net
to the corporation.
The Preferred Stock is being sold for the p urpose of providing additional refineries, and the
proceeds of the sale of the present offering of Preferred Stock will give a total capacity of 150,000,000
gallons per year.
EARNINGS J
Upon the basis of the present capacity, the net earnings are at the rate of $500,000 per year, or
7 times the dividend requirements on the Preferred Stock now outstanding. Upon the increase of
capacity to 20,000,000 gallons, already provided for, the net earnings will be at the rate of $1,000,000
per year, or 14 times the dividend requirements on the Preferred Stock now outstanding.
TERMS OF SUBSCRIPTION .
Having disposed of $900,000 of the Preferred Stock, we offer 420,000 shares, being the balance
of the total authorised Preferred Stock, at $5.00 per share, for the purpose of increasing refinery capa
city to 150,000,000 gallons per year. Applications for listing on New York and Boston Curbs will bo
made. The right is reserved to terminate this offer without notice, to reject any and all applications
and to allot less than the amount applied for. V
Checks payable to the undersigned for the full amount must accompany each application.' Re
servations may be made by wire ft our expense.
Circular Giving Full Details Upon Reqwtt . ;
W. I. McGowan & Co.
i t
Equitable Building, New York City. n
Tht information and itfitutia given about hav been obtained ft on sourest that tee deem reliable, and srftti
not guaranteed are accepted by us at being correct. .
