Omaha Daily Bee Newspaper, May 23, 1909, Page 15

THE OMAHA SUNDAY BEE: MAY 23, 1909. MOFFIT-ON-LONG-LAKE The Town With a Future to It. The opening sale of lots in this new town will take place on Thursday, June 3d, 1909, commencing at 1:30 o’clock p. m., when the business and residence lots of the townsite will be placed on sale at public auction and sold to the highest bidder. MOFFIT-ON-LONG-LAKE is a new town located at the head of Long Lake, 28 miles southeast of Bismark, at the junction of the ‘“Soo’’ and North- ern Pacific railroads, and has a boundless territory to draw trade from. If you desire to change your business location or start in business for yourself in new territory, here is the opportunity of your life. Don’t let it slip from you. Remember the date, June 3, 1909. For further information address: G. E. WILLIAMSON, W. H. McMASTER, Chariton, lowa. Motfit-on-Long-Laks, N. D. Send for a copy of The Moffit Messenger. Announcing the arrival of a specs ial representative from New Yor! who will demqgstré;;;idfi_e‘_xg_l_a_ié Mme. Yale's famous beauty prep- arations, beginning Nonday. . . SKIN FOOD FREE arge souvenir jar of Mme. Yale's Skin Food will be pre- 1 o ull purchasers of any of the Yale preparations ing to 79 or over. Every woman who is interested in beauty culture, should visit this demonstration. Brandeis Drug Dept. (South Side, New Store) ANNOUNCEMENT Important Change of Time Chicago & North Western Railway Beginning. Sunday, May 23rd, through train to the Black Hills will leave Omaha at 3:55 P. M. Additional train leaves Omaha 2:15 P, M. for Fremont, Lincoln, Hastings, Superior, Nor- folk Jct. and intermediate points, New train for Chadron leaves Norfolk Jet, 7:30 A. M. daily. Correspondingly improved service eastbound. NOTE: Three trains daily between Omaha, Norfolk Jct. and Long Pine; two between Omaha and Chadron, Special lotw round trip rates daily to the Black Hills and Wyoming throughout the summer months, TICKET OFFICES 1401 - 1403 Farnam Street OMAHA, NEB. | 1s about to become the site for a | #15,000 residence. This block overlooks the TIMELY REAL ESTATE COSSIP Mortgages Offered by City Savings Bank Are in Much Demand. | | SURPLUS OF MONEY IN OMAHA | All Seeking Investment in Property or Good City Mortgages and Ac- camulates in Vaults of Loan and Savings Associations. Some Idea of the amount of money wait- ing for investment In Omaha may be gleaned from the fact that just a week ago The Bee announced in a news story exclusively that in the making of the “City National bank” from the City Sav- ings bank, the real estate mortgages of the institution would be offered for sale. Within a few days applications were recelved from Omahans for more than half the mort- gages held by the Institution. The banc holds some high-class securities and the many buyers is a good index to the market in Omeha for ready money to be invested In mortgages on city property. | Another showing of the surplus awaiting | investment s made In the report of one | of the buflding and loan associations. Only | a little more than a year ago, when the | so-called “panic’ squeezed a number of | people, the association had contracted $200,000 In loans and was applying its de- | posits on this amount to furnish money | for builders. It had to cut down on new | business and make very few loans for a tew months, In order to supply the cash | to thoee loans already contracted. In its last report a surplus of something like | $250,000 1s shown and loans are being made | rapldly. Thus in a little more than a year | the $200,000 contracted was handled satis- | tactorily and $250,000 placed in the surplus | without stopping for a day the number of loans being applied for to erect new homes. This means the association has gained $500,000 in actual deposits, besides handling current business. “Milton Rogers Place” is the name of an addition being placed on the market by the D. V. Sholes company. It Is between Nineteenth and Twentleth and Leaven- worth and Jones streets. The property is vacant, but so well improved that no special taxes of any kind remain to bl“ pald, while restrictions are being made | which will make the place always desir- | able for residences. All houses on either side of Jones street must stand back fif- | teen feet from the front lot line, while | business houses or stores may be erected | on Leavenworth street frontage only. No saloons, pool halls or sales of lquor will | be permitted and prohibitory clauses will | be Inserted in each deed. The prices rangs | | from $1.800 to $2,700, and though the prop- | erty has just been opened, five have bought | lots for resldences. The sale of twenty-two and one-half acres opposite Falracres for $22600 to J. A. Lan- gen, who expects to make a fine country | place of the property, sort of completes | | the design which George & Co. had when | they began work on Falracres. Mr. Lan- | gen bought the Belden home In Bemis park | last year for $30,000 and now offers it for | sale, while he expects to erect a home on | the old Irish style on the tract just se- cured which will cost $15,000. Mr. Langen is a former Sloux Cityan, who came to Omaha because of the opportunity offered for Investments, and since has started a real estate firm known as J. A. Langen & Son, with offices in the New York Life building. The Payne Investment company special train which went out to Scott's Bluff county Tuesday to show prospective buyers lands under the Tri-Btate Land company's diteh, returned to Omaha Saturday morn- ing, having sold $82,000 worth of the lands | on the trip. The sales last week amounted to $142,000, making a. total of almost $260,000 sold in two weeks. Hastings & Heyden are selling an addi- tion known as Vernon Heights, which 18 .0- cajed between Thirty-ninth and Forty-sec- ond streets on Kansas avenue. All the addition has been divided Into garden tracts and Is belng s0ld on easy terms. Contracts will be let the coming week for the sidewalks and other improvements which are to be made in Oak Chatham | addition, property owned by the Redick Interests In the. north part of the cily, | which is being sold by George & Co. The McCague Investment company is put- ting in eight blocks of cement walks and other improvements In Lc addition at Thirty-third and Parker stroets, where a | large amount of grading has been done, making a sightly four blocks of lots just | south of Prospect Hill cemetery. | | In the Field club district several unusual | residences are being built. | C. D. Armstrong, the real estate man, | has well under way a $12,000 residence of Spanish mission design. A feature of this | house is that part of it is to be a gnraxe,‘ the doors, to which are arched, to corre- | spond with the main entrance. | Farther west, on Woolworth avenue, Is | the new residence of E. A. Henrichs of the | Omaha Crockery company, in which is used | a striking combination of buff face paving brick and very dark-stalned shingles. Al front wall of the house and m plers, bullt of the same brick, pearance of great solidity and strep This bouse will cost about $13,000. One of the most sitely bullding locations in the Field club district is that recently bought by R. E. Sunderland of Sunder Bros. company, at the northwest corner of Thirty-seventh and Pacifie. A fine brick residence will be bullt on this site The property adjoining the Sunderland lots on the west and lying east of the beau- titul new residence of Mrs. E. L. Stone, ther Fleld club from the north and commands & view in all directions.of from five to miles. The paving of Thirty-eighth strect, Thirty-eighth avenue and Pacific street, now under contract, will do much to bring this district into prominence. The substantial prosperity of Omaha is In no way bettor indicated than through the fine residences being bullt by its busi- ness men. THIRTY MILLION BOND SALE New York © NEW YORK, May 22.—The purchase by | Kuhn, Loeb & Co. and the National City | bank of this city of $30,000000 of bonds u{l ‘'mour & Co. of Chicago was Ullmun‘-fl! lay. This is part of an authorized lssue | $50,000,000. The bonds are to run for | ty years at 4% per cent Interest and are | ured by a first mortgage upon the real | estate and plant of Armour & Co. and its | subordinate companies. It is understood | thé procceds will be used in paying off the company's floating debt. Quick Actlon for Your Mopey—You get that by uslng The Bes advertising columus. - broad chimney ciimbs up the conter of the | [ ] Omaha a Real Mecca of Health |- Brown Park Mineral Springs of South Omaha is the Equal of Any Magnesia Mineral Water in the Known World. Just Think of This: These wonderful springs contain Magnesia, Chloride, Mag- nesia Nitrate, Calcium, Sodium, Alumani. Jodine. Combined Minerals, 212.1 Grains per Gallon. More wonderful cures have been effected Right Here in Omaha than seme of the world’s Most Famous springs Have Ever Accomplished. We Can Prove This Without Going Qutside of Your Own Circle of Acquaintances. Your own docter can tell you of this won- derful water, which as received so little notice from Omaha people, while strangers from all over the United States have been coming here and have been Cured after the World's Best Known Health Resorts Have Failed To Do Them Any Good. The purpose of this ad is simply to let you know what a few of Omaha’s best known business men have done with this wonderful spring, in order that the public might reap the benefits this spring offers in health, and HOW IT IS TO BE CONDUCTED IN THE FUTURE. This health resort has been incorporated under the laws of the state of Nebraska and will be known as the Brown Park Mineral Springs Company A. J. VIERLING, of the Paxton and Vierling Iron Company, President. E. L. MYERS, State Senator and Vice-President Luce Land Cempany, Treasurer. LOUIS HINRICHSEN, South Omaha, Secretary. investment, without one cent spent in advertising, and you would be surprised to know the number of citizens of Omaha who never heard of it until within the last year, This property is now paying 321% per cent on a $30,000 ” although this spring has affected cures that doctors have given up as hopeless, not simply helped them but ABSO- LUTELY CURED THEM, ‘‘SOUND AS A DOLLAR."” The articles of incorporation specify that, Article 6, among other things, says: ‘No officer of this company CAN EVER be voted a sal- ary of ANY AMOUNT AT ANY TIME."” Article 7 Says Among Other Things ““The highest amount of idebtedness to which said cor- poration SHALL AT ANY TIME subject itself shall not be more than 10 per cent of the uupi’tul stock; when this com- pany can pay more than 10 per cent dividends a sinking fund of 3 per cent will be set aside to provide for any nec- essary improvements, that is if the increase is in excess of 3 per cent above 10 per cent dividends; and it shall require 75 per cent of the entire vote of the stockholders to inerease the 3 per cent sinking fund at.any time, In order to amend the articles of incorporation it shall require a vote of 90 per cent of the entire stockholders of said corporation, and this is required before any amend- ment to the charter CAN BE MADE."”’ We Have Some in this company not already spoken for, and will be glad to give you full information regarding the probable earn- ing power of this stock as an investment, NO POSSIBLE CHANC* for a stockholder in this company to fail to get every cent his money earns in div- Any one desiring to look at the whole article of incor- poration may see a copy at any time in our office. This company proposes to remodel the present bhath house at Twenty-first and S streets, South Omaha, and put it in first class condition for the benefit of South Omaha. They will immediately build a $20,000 bath house in the business district of Omaha, modern in every detail, equip- ped with every modern appliance known to science that will assist professional masseurs in helping this wonderful water to get the best possible results. The minute this company opens the doors of its new bath houses its earning power, based on its present busi- ness, will pay 10 per cent on its entire capital stock on what it does NOW. Stock for Sale idends, as every possible guarantee has been embodied in the articles of incorporation, and it requires 90 per cent of all the stockholders’ votes to change the articles, All and full information on request at office of rown Park Mineral Springs Co. Phone Douglas 1180 622 Bee Building OMAHA, NEBRASKA \_f vern icifie 18 a up. reet ouse age, o is wm. new tion La- has ars, his ) as city y of im- gan