Omaha daily bee. (Omaha [Neb.]) 187?-1922, September 15, 1919, Page 7, Image 7

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    THE BEE; OMAHA", MONDAY, SEPTEMBER 15, 1919.
FARM AND RANCH LANDS.
Nevada Lands.
OR BAXE Block ranches for aheap and
eatti. along the IiumboMt rlvar; many
plonear stockmen and alfalfa growers)
ara retiring and dliposlng of nock,
stork rancb and farina at reaaonabl
prices. Lovelock, county aeat of Per
shing county, la tha winter feeding point
(or thla and surrounding atatea: great
quantities of alfalfa of beat quality for
stock grown hera, and alfalfa farma pay
from 10 to Si par rant on tha Investment.
For particulars addreaa T. C Davidson,
I.ovelork. Nevada.
North Dakota Lands.
1(0 ACRES Rolette county. North Dakota.
Partly Improvad. Only $500.00 cash re
quired. Balance half crop each year.
Best of soil. No crop failures. Thla
Is in tha rain belt.
TODD A CARROLTj, Inc.. Owners,
U Merchants Bank Bldg.. St. Paul. Minn.
South Dakota Lands.
S"olt rtAJ.K For a abort tiros only, one of
tha best tactions In Aurora county. South
' Dakota, 14 miles from Stlcknty; well
Improved, fenced with woven wire and
steel poats all around; croased fenced;
muat be aeen to be approciated. Ad
dress owner. B. A. Wolff. Hagley, I.
CHOICE ISO-acre Improved Spink county
farm for sale; ona mile from good town;
prlca and terma reasonable. Sterling
and Olnlte. ownrs. Redfleld. S. P.
Wisconsin Lands.
IP looking for good soil, I have It.
If looking for fine laying land. I have It.
If looking for ona that la priced right.
X have It.
A. W. TO LAND.
D. SB7S. 410 Boa Bldg.
Miscellaneous.
KorIowa, Nebrs,skaand South Dakota
farms and ranches, see
ALEXANDER & GIPE,
Dnvjg enos.
22 Paxton Blk
FARM LANDS WANTED.
WE will sell your Tarm; timely sales;
quirk returns. Held Land Co.. tti
Wrancl! Bldg
AUTOMOBILES.
For Sale,.
RENT A NEW FORD
DRIVE YOURSELF
13 CENTS PER MILE.
YOU ARE COVERED BV INSUR
ANCE AdAINST LIABILITY RESULT
ING FROM ACCIDENT.
60 NEW 1919 MODEL FORD CARS.
FORD LIVERY CO.
DOUO. Sri J-'. 1314 HOWARD.
"MEEK 8 A IT TO CO.
Ufd curs bought, sold and exchanged.
Wa buy for cash and sell on time. Full
Una to Klct from. Middle State Garage.
202l-s I'arnum 8t. Doug. 4101.
I'SED cars of exceptional value.
PROMPT DELIVERY ON ALL MODELS.
NEBRASKA WHITE CO
FRED C. ROGERS, MGR. TYLER 1767
1 407-1 1 Capitol Ave.
CADILLAC type 65 touring; latest model;
appearance and mechanical condition
and tlr-s like new. W. F. Bruett, 1416
Jackson street; during business hours,
Tyler 1716; evenings. Harney S653.
STEVENS DURYEA touring car. six cyl
inder, startnr and'elrtrlo lights, at a
bargain. Owner leav'ng city. Phone
Tyler 1419.
USED cars of exceptional value.
GUY L. SMITH,
2663 Farnam St.
Doug. 1J70.
USED CARS AND TRUCKS.
AT BARGAIN PRICES
STANDARD MOTOR CAR CO.
SO'fl Fa mam St. Omaha, Neb.
DLMP TRUCKS One new 2-ton Davis
one 3-ton Kell-Sprlncfleld, Just over
hauled. Going out of truck business.
Terms If required. Tyler ins.
FOR SALE Ml 19 Dodgo 6-paBcnger tour
ing car; practically new; used only two
months; In perfect condition. Price,
J 1.100. CulllIainey7001.
WANTED FOR SPOT CASH, 100 USED
CARS; quick action: no delay. Auto Ex
rhana Co.. 2tl.r.9 Farnam St. D. 6036.
W.
r. nichols' motor company.
Farnam ft.
FORDS BU1CKS. DODOE. NEW AND
USED CARS, FORD BODIES.
O'ROURKE -GOLDST Tt OM AUTO CO.
1100 Reward for any magna we can't re
pair. Sole mnfrs. of new self-spacing af
flnlty spk Dlug.Bayadorfer. 210 N. 18th.
" BARGAINS IN USED CARS.
McCaffrey Motor Co.
16th A Jsxkson.Ford gents. P. 600.
NEB BUICK AUTO CO.,
583 Farnam St.
Doug. 1970.
AUTOMOBILE ftlectrlcal repairs; service
station for Rayfleld carburetors and
Columbia storage batteries. Edwards.
FORD MARKET.
2230 Farnam.
Cash. Time. Liberty Bonds.
OAIN more miles; have your tires re
treaded by O. & O. Tire Co.
2415 Leavenworth. Tyler 1261-W.
FOR TERMS ON USED CARS
VAN RR TINT'S
Look for the red ami on wind shield.
MARSH OAKLAND CO.
230O Farnam at.
I-FASSENGER Roadstor; excellent con
dltlon; good tlree. Will sell or trade
tor llgnter car. wainui iu
UNITED AUTO PARTS CO..
2032 FAnriAfli.
GOOD USED CARS.
GUY L. BMITM.
'WILLYS-KNIGHT coupe, good condition.
Call Webster 2729.
WHEN you think of used cars, think of
TRAWVER AUTO CO., 1910 Farnam.
Tires and Supplies.
NEW TIRES AT HALF PRICE.
Firestone, Bull, Lee, Republic, Fisk
Write for prices. Mention sizes.
KAIMAN TIRE JOBBERS. 2016 Farnam
NEW AND USED TIRE BARGAINS
SEE US FIRST AND SAVE MONEY
FARNAM TIRE AND RUBBER CO..
2914 FARNAM ST. H. 6768.
Cars for Hire.
FORDS AND LARGE CARS FOR HIRE.
Drive yourself. at very reasonable
prices; no extras to pay. Nebraska
Service Garage. 19th and Farnam. Doug
las 7390. .
Repairing and Painting.
RADIATOR CORES INSTALLED.
Manufactured In Omaha. 24-hour serv.
lea. for auto, truck and tractor. Expert
radiator and fender repairing; body
dents removed: pew fenders made.
OMAHA AUTO RADIATOR MFG. CO.
1819 Cuming St. Tyler 1 17 .
F. P. BARNUM CO.. 3125 Cuming. Doug
las 2644. High-grade automobile paint
Ing.
Motorcycles and Bicycles.
HARLEY - DAVIDSON MOTORCYCLES
Bargains In used machines. Victor H
Roos. the motorcycls man. 27th and
Leavenwortn oia
PERSONAL.
YOUNG ROBBER
GIVES I0ENTITY
OP HIS PARTNER
Tells Police Name of Lad Who
Was With Him When
Shot by an Officer.
For the first time in all his esca
pades Tony ' Sculla, 19-year-old
burglar who was shot and seriously
wounded by Policeman Bclar early
Saturday morning after breaking
into the office of C. W. Hull com
pany, Twentieth and Izard streets,
squealed on the identity of his part
ner. Following his confession Sunday
morning, detectives arrested Millard
Bauchtnan, 18 years old, guest at the
Warden hotel; Sixteenth and Cuming
streets.
Though still suffering; from bird
shot wounds in the back and legs,
Sculla still mumbles in his cell:
"If I hadn't a thrown away my gun.
I'd a sure winged one of you dicks
(argot for detective)."
Steal Protcctograph.
According to the confession of
Sculla and Bauchman, both boys had
broken into the office of Bullard,
Hoagland & Benedict Lumber com
pany, across the street from Hulls,
and had taken a protectograph. It
was when they broke glass in a
front window of the C W. Hull
company that the police were noti
fied. Bauchman stood guard near
the coal yard gate while Sculla was
ransacking the office. Sculla es
caped through a rear window and
ran through an alley when police
arrived. He dropped his gun in the
coal yard. Policeman Bolar shot
twice at him with a shotgun, and
Sculla fell, face downward, in the
weeds of a vacant' lot near Nine
teenth and Nicholas streets. Detec
tive Baughman fired one shot at
Bauchman who escaped north on
Twentieth street.
Was Out on Bonds.
Sculla was out on bonds pending
the hearing of a case of breaking
and entering against him in connec
tion with the burglary of the barber
shop of Joe Janous, 1826 Sherman
avenue, three months ago. His part
ner, Roy Young, 1812 Charles street,
was shot and killed by a civilian in
attempting escape from the place.
Police say that in all the times the
youth has been arrested for various
offenses he has refused to divulge
the identity of his partner.
American marhtnrrv t heino' sent
to the Philippines to extract copper
ore Oi me mountain uiuviutc, iaigc
quantities of which are known to
exist.
MONEY TO LOAN.
FARMS and city loans.
B. H. LOUGBE, INC.
628 Keellna Bldg.
LEGAL NOTICES
Col. Ruppert Advises
Ban Johnson to Resign
Presidency of League
New York, Sept. 13. If Ban John
son, American league president, has
any sense whatever of the fitness
or the unfitness of things, he'll quit
his job, was the opinion expressed
by Colonel Ruppert, part owner of
the New York Yankees.
Johnson's throne is about to top
ple, anyway, according to Ruppert,
and abdication now would be a time
ly act
The legal action started by the
Yankee owners to prevent Ban from
interfering with Pitcher Carl Mays
ended with a hearing before Referee
George Gillespie. The testimony is
now in the hands of Supreme Court
Justice Wagner. The final hearing
brought a statement from Johnson
that he owned stock in the Boston
team as well as the Cleveland team.
"Johnson should resign after these
disclosures," Ruppert said. "He has
.t long-time contract and it would be
hard to unseat him, but the club
owners, after hearing the methods
pursued by Johnson in directing the
league affairs and after hearing that
he owns stock in several clubs, cer
tainly will take action to curb his
power and make the board of direc
tors more than a figurehead.
Longeways Capture
Both Ends of Double
Header From Red Sox
TEACHERS WANTED.
South Dakota needs more than 1,000
rural school teachers at once
Salary ranges from $100 to fill per
month, and up.
Do not apply unless you can certifi
cate under tha South Dakota, certifica
tion laws.
Normal school graduates or holders of
good second grade certificates are In
vited to write direct to S. K. Clark, As
sistant Superintendent of Publlo Instruc
tion, Pierre. S. Dak.
Send certificate and credentials with
application. ,
FRED U SHAW,
Snptl2-1!-H-1B-1-1T. Superintendent
The Council Bluffs Longeways de
feated the Omaha Red Sox, local
colored team, in both games of a
double-header at Rourke park Sun
day afternoon, winning the first, 13
to 2, and the second, 7 to 2, in seven
innings.
The Red Sox took the lead in the
first inning of the first game, but
fell behind in the second frame and
was hardly in the game from that
time on. The second contest was a
better game, but the superior play
ing of the Bluffs boys gave them an
easy victory.
The star batter for the Red Sox
was Knight, a pitcher, who poked
out a three-bagger in the first game
In his other times at bat he hit the
ball, but always into a fielder's
hands. Younfc, Hansen, Lockwood
and Claber staffed at bat for the
Longeways. The scores:
First game:
R. H. E.
Longeways ...0 1260012 14 15 2
Red Sox 1 001000002 7 6
Batteries: Heath and Fernley; Wright,
Talbert and Williams.
Second game : R. H. E.
Longeways 0 2 0 0 8 02 7 S 0
Red Sox 0 0 0 1 0 0 1 2 6 3
Batteries: Probst and Fernley; Knight,
Harrison and Stewart, Foster.
Riggs Opticals Win Prelim
From the World-Herald
The Riggs Optical team, cham
pions of the American League and
runners-up in the Class B cham
pionship of the city were too much
for the World-Heralds, the Class C
Champions and defeated the news
paper men by a one-sided score of
7 to 0 yesterday as a preliminary
to the Murphy-St. Paul game at
Fontenelle Park. Manager Baum
gartner, who did the pitching for his
men was never in danger and kept
his team in the front throughout the
contest. The score:
Ths score: R. H. B.
Riggs Co 0 0 8 0 0 1 1 87 S 0
World-Herald ..0 0 0 0 0 0 0 0 0 0 S 1
Two-base hits: T. Baumgartner, Bern
stein. Kelser. Stolen bases: Yates, High
smith. Double plays: Volker (unassisted);
Kelser to Mahoney to Cooney. Hit by
LAUNCH DRIVE
TO AID JEWISH
WAR SUFFERERS
Campaign to Secure $400,000
in Nebraska for Victims
of War to Continue
Throughout Week.
The fund-raising campaign of the
Nebraska Jewish War Relief com
mittee for the benefit of Jewish war
sufferers in Poland, Galicia, Lithu
ania and other European countries,
will be started today.
Nebraska's quota of a national
fund of $.55,000,000 is $400,000. Oma
ha headquarters will be maintained
all week in the hut on the court
house lawn. George Brandeis, Oma
ha merchant, is state treasurer, to
whom funds may be sent, or they
may be addressed to the committee
Buy Food and Clothing.
This fund has been endorsed by
President Wilson, Vice President
Marshall, Cardinal Gibbons, Gov
ernor McKelvie and many other men
of national and state prominence.
Governor McKelvie has issued a
proclamation designating this week
as "Jewish War Relief Week."
The fund which will be raised
throughout the country this week
will be used to buy food and cloth
ing to alleviate the distress of Jews
in eastern Europe. It has been esti
mated that 6.000,000 have been be
reft of their homes by the war.
First Jewish Appeal.
This is the first general appeal
which has been made by the Jews
of this country for the assistance
of Jews across the Atlantic. For
mer assistance has been rendered by
the Jews themselves, but the need
is so great and the cause so worthy
that they deem it is of sufficient
importance to make this general ap
peal, which they are confident will
meet with generous response. Her
bert Hoover has said that thousands
of these unfortunate people will die
during the coming winter unless aid
is sent to them.
A large advisory committee of
Omaha business men of all ranks
and creeds has been organized to
promote the local drive. This com
mittee was organized upon the call
of W. W. Head, John L. Kennedy,
T. C. Byrne and W. D. McHugh.
The Omaha Hebrew club was one
of the first organizations to an
nounce subscriptions. Their contri
bution was $1,000.
Serious Affair Occurs
Among Japanese Troops
Tokio. Sent. 14. Reports are cur
rent that what the newspapers call
a "serious affair" has occurred
among the troops of the Matsuyama
regiment.
Interviewed by a correspondent of
the Asahi, Colonel Ikafi, chief of
staff of the Fifth army division in
Hiroshama, admitted the correct
ness of the report and stated the
authorities are investigating.
It appears some 140 privates were
involved.
pitched ball: By McDermott (T. Baum
gartner, J. Baumgartner, Rokusek). Bases
on balls: Off Baumgartner, 8; off McDer
mott, 5. Struck out: By Baumgartner, 2;
by McDermott, . Left on bases: Riggs, 8;
World-Herald, 5. Earned runs: Riggs, 4.
Time: 1:45. Scorer: Kasper. Umpires: Goa
ding, Ch'ase, Knapp and McQuade.
THE SALVATION Army- Industrial home
solicits your old clothing, furniture
magazines. We collect. We distribute
Phone Doug. 413S snd our wsgon will
call. Call and Inspect our new home
' 1110-in2jjjtPgjSggt-
Horses Live Stock Vehicles.
TEAM, hsrnesa and wagon. Seven-Oaks
Farm, three blocks west of Florence
car. '
BROOD SOWS.
Buy on Blrdhaxsn Profit Sharing Plan
Phone Web. 2884. O. S. Pettis, agent.
TEAM, wagon and harness for sale, $100;
also a 5 -year-old colt. 64th and Decatur.
, Walnut 8606.
UPLAND hay. 20 per ton.
North 16th St ,
Wagner, $01
POULTRY AND PET STOCK
NINE pairs of pigeons; J5o a pair. Harney
S301.
MONEY TO LOAN.
ORGANIZED by the Business Men of
Omaha. FURNITURE, pianos and notes
as security. $40 ( mo.. H. goods, totsl.
$3.50.
PROVIDENT LOAN SECURITY.
4SJ Security Bldg. lth a. Farnam. Ty. 86.
LOANS ON DIAMONDS,
WATCHES, ETC.
EAGLE LOAN OFFICE.
1J01 DOUGLAS ST.
YOUflG LADILS
We offer you a well paid
position. Pay you while in
training.
Permanent work.
Rapid advancement.
Investigate oar working
conditions.
Operators' Employment Bu
reau. 613 New Telephone
Building, 19th and Douglas
Streets.
New Issue
150,000 Shares
V. VIVAUDOU, Inc.
(Incorporated under the laws of the State of Delaware)
Manufacturers and Distributors of
Perfumes, Talcum Powder, Face Powder, Tooth Paste
and Other Toilet Articles
CAPITALIZATION
Authorized and to be presently issued, 300,000 shares of no par value
No Bonds or Preferred Stock
GUARANTY TRUST COMPANY OF NEW YORK, Transfer Agent
METROPOLITAN TRUST COMPANY, NEW YORK, Registrar
W e summarize from the President's letter, Mr. V. Vivaudou, as follows:
Sales are now at the rate of $5,000,000 per annum.
. Janufacturers: In the manufacture of talcum powder, face pow
der, perfumes and other toilet articles this company is one of the
largest concerns in the world. Some of the company's trade names
are "Mavis," "Lady Mary," "La Boheme," "Fleur de France."
Earnings: Net earnings from operations are at the rate of $1,200,
000 per annum, with the present four plants running to capacity
supplying only 60 of the demand, and orders are constantly in
v creasing in volume.
Purpose of Issue: The new financing will provide approximately
'81,500,000 additional cash working capital which will enable the
company greatly to expand its manufacturing facilities and further
develop its growing export business.
Application will be made to list this issue) on the New York Stock Exchange.
Subscription books will open on Monday, September 15, 1919, at 10 a. m., and
will close the same day. All applications subject to allotment.
PRICE, $31 A SHARE
J. S. BACHE & CO.
42 Broadway, New York
S. SCHATZKIN
69 New Street, New York
We do not guarantee the above information but have obtained it from sources which we believe to be reliable.
British Lion Would
Meet Pesek, Stecher
Or Any Other Big Man
An English born American citi
zen, Sam Clapham, a light-heavyweight
wrestler of some prominence
in this country, before the war, has
returned from war-torn Europe and
wants to meet some of the big men
of the mat game. Clapham has an
imposing record, having met Frank
Gotch, Joe Stecher, Geo. Hacken
schmidt, Yousiff Mahmout, Charley
Cutler and many other stars-
In a letter to the sporting editor,
an old friend, Sam declares that he
wants to get back in the game,
against some of the stars of the
game. His letter follows:
"I am writing you a few lines, to
advise the fans of Nebraska through
your columns that I am back in the
states after fifteen terrible months
on the battlefields of war-torn
Europe, where I participated in ac
tion on four fronts.
"I am very thankful to have es
caped all injury and that my physi
cal condition, is at present better
than ever in my life. My weight has
also increased ten pounds and my
wrestling form, too. has greatly im
proved, as I wrestled every oppor
tunity I got while in France.
"Am training daily for prospect
ive matches and getting into the
best of condition. I don't intend to
limit my activities to the light
heavies only, but am ready for them
at anv old weight, Pesek or Stecher
prefered."
Red Sox Win Exhibition.
New Haven, Conn., Sept 14. The
Boston Americans defeated the New
Haven club of the Eastern league in
an exhibition game here today,
6 to 2.
HARVEST HOME
DAY OBSERVED
BY CHURCHES
Ancient Custom of Giving
Thanks for Bountiful Crops
Revived by Omaha Ministers.
"Harvest home day" was observed
in several Omaha churches yester
day. This is an ancient custom, still
kept, but more generally in the east
than it is here. At St Mark's Eng
lish Lutheran church the altar and
pulpit were decorated with sheaves
of wheat, corn stalks, pumpkins, ap
ples and other grains and fruits, and
the morning service was one of
thanksgiving to God for the bounti
ful harvest with which the land has
been blessed. Rev. W. I. Guss, the
pastor, preached a special sermon at
the morning service.
Several churches had their "rally
day" yesterday, when the members
who have been absent on vacations
during the summer were welcomed
back, and plans were made for the
winter campaign of the church and
its allied organizations. Most of
the churches of the city are now
back on their winter schedules, with
services both morning and evening.
Rev. H. C. Whitcomb at Calvary
Baptist church preached a sermon
in his September series on "Facts
and Forces in Character Building,"
illustrated from the parables.
Dr. M. R. Laird of Lincoln, 111.,
who has just returned from over
seas, spoke at Westminster Presby
terian church.
Envoy Gronlund of the Salvation
Armv. who has returned from a
year's service in France during the
Geighton University
Coach Issues Gill
for Football Squad
Coach Tommy Mills of Creigh
ton university will issue the first
call for foot ball candidates Septem
ber 21. Mills expects to have a
championship team this year, as
many veterans have already declared
that they will be back to help the
blue and white squad on tov'ctory.
Jimmy Condon, the Facific coast
star, who was on tne sick list last
year and did not have an oppor
tunity to show his prowess, will re
turn this year. Condon will trv for
a position at halfback. Don Man
ley, another veteran halfback, will
return. Mullhollaud. last year's cap
tain, will be with the team again this
year. C. Lucas, another backfield
man, will report for practice. Mull
holland and Lucas are considered
two of the best halfbacks in the
west.
Emory, last year's right tackle,
who failed to finish the season be
cause ot illness, will return. I ne
other veterans that are expected are
Nemzek. Little, Shovlan, Rater and
Drowart. Besides these veterans, 15
or more candidates are expected to
be on the field when Coach Mills
issues the first call.
The Creighton high foot ball
squad, 50 in number, appeared on
the high school campus Friday.
Coach VV. M. Anderson was in
charge.
war. delivered an address at the
Swedish Methodist church in the
Swedish language yesterday morn
ing. Several ministers made short talks
on the constitution of the United
States, in anticipation of the celebra
tion of "Constitution day" on next
Wednesday.
DOG IS AWARDED
SEA HERO MEDAL;
SAVES TEN UVES
Bobs Rescues Men Adrift in
Lifeboat After U-Boat
Sank Warship.
London, Sept. R The National
Canine Defense league has awarded
its silver medal to "Bobs," a fox
terrier, for saving ten lives in the
following circumstances, which, for
obvious reasons, have not been dis
closed hitherto:
On December 23. 1917. H. M. S.
Tornado was patrolling, with several
other destroyers, off the Dutch coast
when she was attacked by two Ger
man submarines, one on each side of
her; both fired, and unfortunately
both torpedoes reached their objec
tive. She sank in a few minutes,
and only two officers and eight men
were able to get into the "Carley"
floats.
One of the survivors, Petty Officer '
James Ireland, noticed the ship's '
mascot, "Bobs," swimming by the
float, and he managed to get him
safely aboard. After being adrift for
tour hours the survivors were quite
exhausted.
H. M. S. Radiant, one of the de
stroyers, was on the point ot return
ing after a fruitless search in the
darkness, when one of her crew was
attracted by the persistent barking
of the dog A boat was lowered and
proceeded in the direction of the
sound, and eventually found the sur
vivors, half frozen and unconscious.
Keep your eye on The Bee "Im
proving Every Day."
$10,000,000
The Firestone Tire & Rubber Company
Seven Per Cent Cumulative Preferred Stock
Par Value $100
Dividends payable quarterly on the fifteenth of February, May, August and November. Callable as
a whole or in part at the option of the Company on any dividend date on sixty day's notice
at 110 and accrued dividends.
Stock exempt from the General Property Tex under the existing laws of the State of Ohio, and
dividends exempt from the present normal Federal Income Tax.
CAPITALIZATION
Upon completion of present financing.
Authorised
Common Stock $25,000,000
7 Preferred Stock (this issue) ... 40,000,000
6 Preferred Stock 10,000,000
Outstanding
$ 3,500,000
10,000,000
10,000,000
We call your attention to the following summary of a Utter from Mr. H. S. Firestone, Pres
ident of the Company:
BUSINESS:
PURPOSE OF
ISSUE:
SECURITY:
ASSETS:
EARNING:
PREFERENCE:
SINKING FUND:
The present Company is successor to a company of the same name founded in
1900. Its products cinsist of solid rubber tires and pneumatic tires and tubes
for passenger cars and trucks, tire rims, steel bases for solid tires, and a mis
cellaneous line of rubber goods, including boots and shoes, bicycle and motor
cycle tires, and tire accessories.
The proceeds will be used for: Additional equipment to increase the output
of plant No. 2; enlarging the output of cord tires in the main plant; con
structing a new mechanical building and a new steel rim plant; additional work
ing capital.
The Company will maintain at all times Net Quick Assets equivalent to 125
snd total Net Tangible Assets equivalent to 200 of the aggregate par value of
both classes of Preferred Stock then outstanding.
If 25 or more of the holders of this stock object, the Company will not
issue any debenture bonds maturing later than one year from their issue, or
place any mortgage or other lien upon the assets of the Company, or permitt
any of its present or future subsidiary companies to do so or authorize any
additional stock with rights equal or prior to the rights of the 7 Preferred
Stock.
The total Net Tangible Assets as of July 31, 1919, after giving effect to the
present financing end after deducting the outstanding amount of 6 Preferred
Stock, amount to over $48,000,000.
During the last years the average annual net incomee after payment of
dividends on the 6 Preferred Stock was $3,148,805, or over Ai times the
dividend requirement on this issue. The annual average of the net earninga
for the 3 years ended October 31, 1918, was $4,652,592, or over 6H timea
the dividend on this issue.
This stock is entitled to 7 cumulative dividends after providing for tha
dividends and redemption charge on account of the 6 Preferred Stock. '
If called for redemption, or upon any distribution of the Company's assets,
whether by dissolution, liquidation, merger or consolidation, this stock is en
titled to 110 and accrued dividends after providing for the 6 Preferred
Stock at the same price.
Beginning in 1,921, not less than 10 of the net income after providing for
dividends on and redemption of the 6 Preferred, and dividends on the 7
Preferred, shall be used for the redemption of this stock at 110, if not obtain
able in the open market at a lower price.
All legal matters pertaining to this issue will be passed upon for us by Messrs. Shearman &
Sterling, New York, and by Messrs. Miller, Gorham & Wales, Chicago, for the Company.
The accounts have been audited by Messrs. Haskins & Sells, Certified Public Accountants.
We offer this stock for subscription, subject to allotment, if, as and when issued and received by
us, and subject to approval of Counsel at
100 and accrued dividend
Temporary certificates will be ready on or before October I.
Complete circular upon request.
The National City Company
Main Office, National City Bank Building, New York.
Correspondent Offices in more than 50 Cities in the United Slates and Canada.
Omaha First National Bank Building.
The National City Company through ita experts baa made a caraful analytic of tha official statement, earnings, and
value of the properties of this Company, and while it does not guarantee them, it believe the statement
in this advertisement to be correct and has itself acted upon such information.