p. 13

OverviewVersionsHelp

Facsimile

Transcription

Status: Complete

11

The surface of this property presents one of the
most desirable locations for an interior manufacturing
town, being about twenty-five feet higher than the
neighboring town, Fairbury, thereby giving a thor-
ough drainage, so necessary to health, and iuduce the
reasonable belief that so soon as the company is well
under way and shipping coal to a market like Chi-
cago, it will centralize a large mining and mechan-
ical population; and if proper inducements are offered
by the company to actual settlers, large profits, in
addition to mining, can be realized by the sale of lots
to this class.

It is proposed that after the company has been or-
ganized and working one year, to commence a plan for
redemption of the stock, as follows: Subscribers of
ten shares and under, upon their surrendering the cer-
tificate of stock, will receive from the company's agent
an amount of coal of equal value to the amount paid,
delivered in Chicago at the net cost, the delivery of the
coal to be made upon such plan as may be adopted by
the by-laws of the company; and in this way redeem-
ing each year twenty-five thousand dollars of the
stock — this plan to continue so long as there is one
stockholder who desires to surrender his stock.

From the foregoing facts we deduce the following:

1st. That the location is unequalled by any other
mines in the State.

Notes and Questions

Nobody has written a note for this page yet

Please sign in to write a note for this page