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j I he barest Investment i
! Yom Can Ever Make II
We of ft,;' siibject to prior sale a limited amount of the
7 guaranteed preferred shares of the
PANT
REALTY CO.
X
Security Behind the Preferred Shares
HE Pantel Realty Company owns the property on the
southeast corner of Eighteenth and Dodge streets, in the
city of Omaha, consisting of a lot 6(j feet by 132 feet, on
which is situated a six-story, fireproof building called
the "Morris Apartment." These apartments are right
down town and are in great demand. The earning ca
pacity shown elsewhere is far above the 7'.' guaranteed on the
money invested.
Dividends and Earnings
The cumulative dividends on the 7 guaranteed preferred
shares will be mailed by check, 3'l plus their share of the sur
plus every six months, January 1 and July 1, each year, thus do
ing away with the inconvenience of collection attending mortgage
coupons. These shares have priority over the common shares in
the payment of their guaranteed dividends and in their final
redemption.
Cost To Company
Before purchasing the Morris Apartments the Pantel Realty
Company had the ground appraised by five of the most compe
tent real estate men in the city and had the building appraised by
two competent contractors. The appraisal considerably exceeded
the price paid for the building and the grounds by the company.
An Opportunity for Small Investors
Opportunities to invest in buildings of the nature of the Mor
ris Apartments are seldom offered to the general public. The rea
son for this is that they are sure dividend earners and are therefore
generally owned by wealthy individuals or large estates. The Pan
tel Realty Company now gives the small investor an opportunity
to realize some of the profits and dividends that have generally
gone into the pockets of the wealthy investors.
Facta Concerning The Morris
The Morris Apartments building is half a block from the Post
office and half a block from the Fontenelle Hotel, within walking
distance of all parts of the retail district, convenient to five car
lines and situated in the same block with Omaha's new million dol
lar Athletic Club House property. The lot on which the Moms
stands is only four blocks from property that sold for $10,000 per
front foot and adjoins other property held at $1,000 or more per
front foot, on Dodge street. ,
Prospectus of The Morris
Building and lot $275,000.00
Furnishings and Equipment 25,000.00
, $300,000.00
INCOME
Estimated gross income from rentals,etc . $ 50,220.00 $50,220.00
EXPENSE
Estimated operating expense, taxes, de
preciation, etc 19,456.00 19,456.00
Estimated net earnings $30,764.00
The estimated net earnings equal lc on $439,485.00.
Price $100.00 per Share
(Par Value $100.00)
The preferred shares guaranteed to net 7 on the par value, and also to receive one-half the surplus set aside for
additional dividends after the common shares have received 7 on their par value.
.Porter
202 S. 17th Street
MS
3'
1 jyii
Douglas 5013
