New Britain Herald Newspaper, November 14, 1927, Page 14

14 NEW BRITA DAILY HERALD, MONDAY, NOVEMBER 14, 1927. arous hols ! ployment of a dan forward One su pass througt play LABRADOR CALLS == - WORLD YACHTSMEN - its back Also Gives Promise of Good ; Wood Pulp Gountry . PASTOR'S WIFE]S | KD SANDBALL Fi “AID HANDBALL FUND LACING FAVORITES 50 not Seven Leading Elevens Have of v et ciovens in the con Approxit uted towards 1 und m ore will put ti ot mans more wit put their - Bean Bowled Over This Season before the weck fs ! ry amount wil o : 14 P17 t ng development of thie ny 1 Now York, Nov. ere week the board |18 any outs But it is | The en beaten pleted s anything on Brown's “iron mer i —_—— nd Santa | halfbacks — Eddie Wittmer of Princeton and Marsters—the debato seems likely to favor the Dartmouth s of three [0C® individual _ The performances of both against Pittsburgh, Al Yale, for instance, are illuminating, Dartmouth and Dud | Wittmer gave the Elis @ number ot four ties, for seven Ch worth of Ylae, have focussed annoying moments last Saturday but the All-American spotlight on he didn’t quite match Marster's rec- to a convincing extent. ord against the Blue. Toting tha ously | ball 87 times, Wittmer gained 119 yards through Yale's defense but two decks previously, against tha same Blue line, Marsters accounted for gains of 15§ yards in the 20 times he handled the pigskin. college rivals, Cla avoid so much as a U another story 1927 ms with only marked seven e altoge them all no less th Eighteen defes arst s defeated ¢ the east’s greatest Gibby Welch o last far this fall. to mention wrle the biggest elevens in the cour about as record. big a drop as' All three have been rilliant right along bu themse last Saturday. 1 out to be the tin . f itt captain and halfback, knocked over no e ixX | opening kickoff back 3 cossive times, touchdown and otherwis: distin- conspicu they outdid Welch, ran the ards for a ves oundary issed s who glon th which Hoben start kick out Nin wen the from oo0d- s by rior it a fourth go at midf led for another long pass like had be Dartr rwick d fleld which aten Fis e ) woods § Arctice and boundary S heave Black wel players bheing to h by . Then Yalc § hundon nceton lost its confidence, fum- g : ] visiting their Lumber \brador in all but art, but only the heads ansfer to which he hile en Vermont will g0 thenee to automaobil Scott to abandon ¥ found itsel e of little re- is of immense value w mills hav been 1 concessions granted. Pulp forests are one of the potential of wealth Another asset is hitherto Baltimor . t Canandai home, where are t were offside as Chariesworth fell on : child the ball hehind the line. Wh got the ball again Hammie |it through the worn-out % another ore. Tt was irfonfeal th should write an article ficlal program say ward pass had turned foot aghter into a game and then have his team beaten hy the wWeapor which he himself advocated. F Princeton howed itself team at straight lacl f our your Yale . A Tost Ted to Mrs the discovery bush's hiding emont place, in t woods. 1 water ians for power Imerous co White settl & south Coach Roper « spar Scoteh and Scandinavian extrac- tion, together with a few French i carry cod and whal er of white sled for the will 2o to S lich Mrs in th habitar footbali ame s who come north for cod f 2 | co e p ipal industry. Of late vears of Hoben. wh and cod have all de- | yale's victory in Lat prevented any ill although both woods oty hunting for his pet collis by ed without ased in number spirit t college. cheers } accorded him need the sorr! ring of the Yale back NEW YORK GIANTS LEAD NATIONAL PRO LEAGUE - : il | lily diminishing pop- Another whole ! For and In-| %7 iians, are making heroie cfforts to save the remainder of the native races from extinction ¢ teaching them to adapt their mode of living to changed conditions and these good offices have met with onsiderable succes: Scener Jish's has proved f to imos ation communities of Missionar for slocp isked, Tor the Yankees, With Grange Back in the of sea animals \troduction into la- rador of the reindeer, which has enturics been the main sup- f the Lapps of northern Scan- ch hag been muccess- Alaska. This attempt proved successiul and tion of the food nt of pulp ey indu is raRE condition is that established from One minishing 18 been the com pensate Game. Now Stamd in Fourth Place in Circuit. s said to sromises one sroblem if the developn nd milling i Another work in mills has helped lift ire dependenee fluctuating fortunes of fishing and hunting. Wireless s larger settle act with t predicted t ommunication nd coasts ong in fourth place sol Giants of 1} these Giants jumj r from ocal new v identity uit 1 du yd the Yanks fell . But th from was i ors en- Daniel White Nati wrding found last we ed and that Labrador hracing lighthouses vith its rocky and te will 1 Zvous Norway, hisme coms lik for s ry nmer a land of Rocky headland ru . Deep fiords cut the fir covered hills of the where sub-Arctic ve tution and streams invit Falls, on rly three - into interior, flour- the the times mon Grand shes, Pottsville ver, is rom Mrs. Forb 's high as Niagr b e COURAGE OF YALE EARNS A VICTORY Qutplayed by Princeton, Eli Wit by Superior Daring ). Providence Duluth, 12 out Da Auto ax;d Accesso Stolen Over Week-E Les of 8§10 M TANO TUNING NEW and USED RADIOS H Kovel 3 Reckwell Ave. PLANOS outplay its power nted i Neglected coughs P very serious in after effects FATHER JOHN'S MEDICINE BUILDS W STRENGTH TO FIGHT DISEASE GERMS AND RESTORE HEALTH. ich sur Brow ronght wer from coughs and colds does +hen the cold is gone. The vi- tility becomies low, resistance is weak, the entire system is run down. Discase germs «ch conditions often develop wt end attack the overworked oraa lingering sickness and debility The run down system then needs such a body builder as Father John's Medicine which restores weal cned tissue and gives fighting strength. Seventy years of success. No alcohol or harmiful drugs. vholesome and in circulatio z;nd colds ) | heoming to the amount 1927 college gridiron cai rapidity and thorot orites amon ave been bowled over. this time a year ago sagas gridiron were echoed around ss of such crack teams as Navy, lLafeyette and Brown in the tional laurcls cast, A @ in the south, Notre sought hy ¢ Damo in the middle west, Southern in the Methodist in the south west and the middie anford on the Pacific coast. on the All seven of these outfits were iraveling at top speed, seeking sec- tional or national honors, and all but Notre Dame, victim of Carnegie, tinished their season undefeated, al- though lafayette was the only team sum | 1he rais- isn, same it is t otre with which a Jor el Alabama, About of the Iw prow 1l enthusisats ar 10 will undoubts horily. Crowe, a rabid handball will supervise the constriic- courts. Both will be 40 One will be 20 feet wi i feet. Courts with conce the veiling tors’ galler v electric fan will ~d at the front to keep ti nia Texas mention a pace-setters. nted few a spee coast vette has been de Dame cks are on each of the Stanford, al and for 1927 orgia in the south, Missouri and Illinois in Southern Pucific coast Aggies iIn the ectio west, Alone of group, Stanford remains in the P, conference had its colors lowered twice by small | guished himself in leading his team | to victory over Nebr Charles- | triple threats but the latter is worth, EN center, was all over the speedier, more elusive in an open cridiron. Intercepting Princeton | field and a greater passing star, the s pouncing on fumbles and fur- | comparison of their performances shing a rock-like pivot to the big| reveals. line, The sophomore Mars-| Regardiess of the All-American of Dartmouth’s lare- | ranking either may get at the hands kficll Lallet, ran Wild of the experts this year they havo el wing the amaz-|clinched their places among the top Califor- r of successful passes flight, each with two more years to and the wing in the longest tWo go along the pathway to stardom. r $0, and another for| Not Red Grange, as a sopho« { more, flashed across the gridiron in 1923 to gain an All-American posi, > an argument be-| las any youngster gotten off to A merits of the|snappier start than Wittmer o two sophomore | Marsters Wittmer and Marsters both are while two ska records Southern once. ams, the inte are sonthwest 1o o for the outstanding the 1 but ha NEW ISSUE 250,000 Shares Bankers Security Trust Company Chartered by Special Act of the General Assembly of Connecticut Series A 6% Cumulative Preferred Stock (Par Value $10 a share) Dividends. when and as declared, will be payable quarterly on the first davs of March, June, September and December. Redeemable in whole or in part on P Tividends. Preferred as 1o assets and dividends over all series of Participating Stock, Common and Init ] thirty days' notice at $10.50 per-share an Capitel Stock.. Free from any Connecticat taxes (except inheritance) and dividends exempt from normal Federal Tacome Tax under exi Legal investment, in the opinion of counsel, for savings banks in Connecticut, New Hampshire, Rhode Island and Vermont. Arthur F. Connor, Esq., President of the Company, has summarized his letter to us as Jollows: The Bankere Security Trust Company was specially chartered by the General Assembly of Connecticut at its 1927 Session. Its principal office is located in Bridgeport, Connecticut, and under its charter it is empowered to establish and maintain district offices in Connecticut and elsewhere. It is expected that the Company will establish district offices in other States where per- mitted by law. Its business and records are subject to examination by the Connecticut Banking Department and will undoubtedly be subject to the examination of the Banking Departments or other similar authorities in any other State in which a district office may be maintained. Through its afiliations with the Bankers Financial Trust and the Bankers Capital Corporation, which have been notably successful for a number of years, the Bankers Security Trust Company begins its career with a back- ground of wide experience in its special field. In addition to investing and reinvesting its resources in seasoned and market- able stocks and securities, it is empowered, among other things, to render trustee, secretarial and registration services and engage in underwritings A Nation-wide scale of operation, with large capital, is contemplated. The flexibility of the capital structure as to amount, dividend rates and retire- ment features will enable the Company to take full advantage of changes in money market conditions from time to time. CAPITALIZATION The paid-in capital and surplus after giving effect T to this financing will be as follows: Paid-in Capital Paid-in Surplus 250,000 shares Series A 6% Cumaulative Pre- ferred Stock, Par $10 (thi 250,000 shares Series A Participating Stock, Por $10 (below described) . 9,000 shares Common Stock, Par $100...... 900,000 4,000 shares Initial Capital Stock, Par $25. 100,000 veveene. $6000,000 $2,500.000 2,500,000 $2.500.000 900,000 100,000 43,500,000 The Company has power to increase its capital stock at any time and from time to time without limit as to amount and in classes or in series with ar without voting powers, and with such preferences and relative, participating, optional or other special rights or qualifications, limitations or restrictions thereof as shall be expressed in the resolution or resolutions providing for the issuance thereof, adopted by its Board and approved by the holders of the requisite number of shares entitled to vote. Total 250,000 Shares Series A Participating Stock (Par Value $10 & share) Callable at $80 (eight times par) per share on any divillend date upon ninety day Free from any Connecticut taxes (except inheritance) and dividends exempt from normal Federal Income Tax under existing laws. DIVIDENI Drvidends as deciared shall be paid annually per share upon the Initial Capital, Common and Series A Partia- pating stock in the following manner: The holders of Initial Capital stock are entitled to receive dividends in the same amount per share as the holders of the Common stock without regard to the difference in the par value of their respective shares. The halders of shares of any and all series of Participating stock and Com- mon stock are entitled to reccive dividends in the same percentage of the respective par values of their shares, until such holders shall have received in any one year up to but nct exceeding the amount per share to which they shall be entitled respectively by reason of the resolution or resolutions providing for the 1ssuance thereof, which in case of the Series A Participat- 1 stock shall be up to but not exceeding $5 (50% of par) per share. Th ter any dividends declared during the year shall be paid to the holders of the Common and Initial Capital stock, equally per share, sub- ject, however, to such provisions as may be hercafter contained in any reso- lution or resolutions providing for the issuance of any additional series of Participating stock and to the dividend rights of the holders of any Pre- ferred or other Senior Capital stock. LIQUIDATION: In the event of liqudation the net s and funds of the Company shall be distributed among the stock- holders as follows First: To the holders of the shares of any and all series of Preferred stock, in such order as to series, and in such amounts per share, as may be pro- vided in the respective resolutions authorizing the issuance thereof, and as recited in the certificates representing said stock sto ieason, McLanaha: OFFERED IN UNITS OF ONE SHARE OF SERIES A 6% CUMULATIVE PREFERRED AND ONE SHARE SERIES A PARTICIPATING STOCK Price on application Delivery in the form of Interim receipts exchangesble for definitive It is expected that definitive certificates will be ready for delivery on o ) us. Bankers Capital Corporation New York The statements herein above contained, while not guaranteed, have been obtained from sources which we believe reliable. Al legal matters in connection with the organization of the glmve been passed upon by Lucius F. Robinson, Esq. of Hartford, Conn, and Messrs Mernitt and Ingraham, and John H. Sears, Esq., of New Tork Bankers Capital Company of Connecticut g laws. The Initial Capital Stock has been sold for twice par, or $200,000 cash, and the majority thereof is owned by Bankers Financial Trust which, with associates, has underwritten the Common Stock to net the Bankers Sc;urny Trust Company $1,800,000, thereby providing it with a paid-in capital of 1,000,000 and a paid-in surplus of $1,000.000, exclusive of the funds to be received from the sale of the stock mow offered PROVISIONS OF ISSUE: The Company reserves the night to increase — its Preferred stock and to issue additional series of any class to any amount except that no Preferred stock or other senior capital stock shall be issued by the Company unless the net assets (after deducting all indcbtedness) taken at cost, including proceeds from any Preferred or other senior capital stock then to be issued, shall cqpal at least 150% of the par value of the Preferred and other senior capital stock outstanding and then to be issued. Full discretion in the matter of sclecting investments is vested in the Board, subject to the provisions of the By-Laws adopted by the stock- holders. Investment in the stock or securities of any particular institution is made only after an exhaustive examination of its management and policies and full analysis of its past record, present and future of growth and earning power in comparison with others similarly situated. The By-Laws contain a provision prohibiting the Company from at any time purchasing directly or indirectly for its own account 2 majority of the voting stock of any corporation, or a majority interest in any other legal entity, and providing that any director, officer and/or any employee violating or being a party to the violation of this provision shall ipso facto cease to be such and shall thereafter forever be ineligible to hold any offics or position with the Company. While the laws of various States authorize and permit trust companses to lend funds to the directors with or without security this Company's By- Laws, Article XIV, Section 1 reads as follows: “No funds of this Company shall be loaned to any member of the Board, nor to any Executive nor to any officer, any law now or hereafter in anywise permitting such loans to the contrary notwith standing.” The By-Laws cannot be amended except upon fifteen days' notice to every stockholder of the Company, which notice shall contain the exact wording in full of any proposed amendment. INVESTMENT REGULATIONS:: To the holders of any and all shares of Participating stock, in the percentages of the par value of their respective shares until such have received such amounts per share as may be provided e resolutions authorizing the iesuance of, and as udus in the Cates representing said shares respectively, which, in the case of jes A Participating stock, shall equal twice the par value thereof; Second Pro rata holders shal r share to the holders of the Common stock untl ruch [ fave received twice the par value of their shares; Pro tata per share to the holders of the Initial Capital stock watd ¢ shall have received twice the par value of their shares; holders of chares of the Tnitial Capital stock, the Common stock To th . any Participating stock, in the same percentages of the par value n the i wuch shares respectively until the holders of such Pa e e e s ey o) resolutions authorizing the issuance of, and as recited in the certificates representing such Participating stocks respectively, which in the case of Series A Participating stock shall equal, including the amount eceived under the fliu\( paragraph “Second,” $80 (eight times par) per sharc: Pro rata per share to the holders of the Initial Capital stock and the “tock, without regard to the difference in the par values Common thereof VOTING POWER: Under the Charter imited or full voting power may —————————" be vested in any series or class of stock, but until so vested the holders of the Initial Capital stock have exclusive voting power for all purposes. Company and the issuence of its and if issued and received t December 15th, 1927. Hartford Bridgeport w Haven Waterbury