Newspaper Page Text
4
Investigate Thoroughly Before
Buying, Expert Urges—Cites
Big Swindle
By B. C. FORBES.
Said a voice aver the leiepnone
‘Should I buy--re esatate honds”?
1 can pay for them on the instailment
plan—for fiften vears, it 1 live i
think thig would encourage me 10
save all the time"”
. . .
My reply was ‘Don‘t!"
- . .
1 have been delving Into rea e
tate “bonds’” Nine-tenths of them
are to be avoided Manyv of them are
not bonds at all, hut mere I. O, U.'s
with no security worth considering
behind them. Indeed, certain of the
installment-payment variety make
you, when you agree to buy them not
an investor, but a DEBTOR of the
4ssuing company! They have a clalm
upon you for the full amount you
undertake to contribute, You have|
no real claim upon any assets what
soever. 1
. . -
Read this extract from a "’HFI“
atatement drawn up by Willlam D
Guthrie, the prominent New York
lawyer, on behalf of--not ngainst
the notorious Monaton Renlty Invest
ing Corporation and other real es
tate corporations
“Phere can be no doubt that al
leged mortgage, loan or investment
carporationsg have during recent years
heen engaged in the flotation and
sale of fraudulent securities to such
&n extent as to cause a public scan
dal.”
. . -
The newspaper rea! estate depart
meny has rendered the country veo
man service in exposing get-rich
quick '‘real estate’ “mortgage,”
“building,” etc,, ete, concerns which
lured money from persons who he
lieved they were buyving safe bonds
instead of fake or semi-fake pleces
of paper. lawyer Guthrie did not
overstate the facts concerning the
prevalence of such frauds
. . -
1 have taken the trouble to read
through his whole brief in defense
of the ill-starred Monaton Corpora
tton, and if 1 had any doubts as to
the untrustworthiness of '“rea] es
tate” obligations such as that con- |
cern and others have been foisting
upon the public, his arguments—in
favor of the company, mind you
would have dispelled them. 1 finished
the lengthy document with the im
pression that the sort of “invest
mwents” offered by the Monaton and
itg kind are ideal things to let se
verely alone,
- . .
« The losses sustained by the un
wary who have been inveigled into
subscribing regularly for so-called
“real estaie bonds” have already
reached millions, and 1 rather think
the worst has not yet happened
- - -
Mr. Guthrie aid not like the lowe!
court's decisfon in the Monaton scan
dal. In his brief he says
*lt {8 submitted that the court be
Jow erred in holding that the obliga
tions issued and disposed of by the
defendant corporation showed on
their face that the defendant was not
engaged In a legitimate real estate
business authorized by the Hnmn-w‘
Corporations Law: but on the con
trary was actunlly engaged in carry- ‘
ing on the business of discounting
evidences of debt or of recelving de- |
posits or of a mortgage. loan or in
vestment corporation. This being su,i
the order of the Appellate Division |
snould be reversed.” |
. - - i
The decigion pleased those whao
have been fighting for honest deal
inge mora than it pleased the defend
ant company. And now that Govern
or Glynn has signed the bill to bring
scheming ‘‘real estate” corporations
under proper State regulation, the
way has been paved for driving
swindlers and fakers out of business
. - .
There are legitimate Tepl estate
bonds—one concern, for example, ha
done an extensive and honorable
business in them for many vears with
profitable results to buyers
» - -
But the average investor should not
touch a “real estate bond” without
first consulting some capable, non
interested authority. INVESTIGATE
BEFORE INVESTING
THE GUARANTEED CORN REMEDY
TANGO Puts an End to Corns and
Bunions; No Soreness
No T i g
f “’y'
figl 2] :
; ".’ e brins 3
R/ )| oo o
.// ¥ e e
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nothing to curl uy L ‘s
Ing T thing
TANGO 8 the «a ¢ 8
‘ :
348 On’
Y
i A
I 4
By JAMES B. NEVIN,
,‘ ” t | rman W lian
J. Harr f e State Democral
Fixe tive mmittee 3 onunding
‘ t embership of the commit
te 1 ¢ to calllng it together
i g R the purpose of hanging
the 1 U 1 that a dead
ed ventior e he carefu
Runrde 1k t has ttr f e mn
sidey ' trer ! througnou the
- “ ' v } x ’ ne of it of
GUrse r bhod consgtituted after Lh
f OX¢ it ¢ mmit
Lot ‘ A genera 1 & 0
t b AT e s WwWork
b somet g OUGH'] ‘ me of it
A OVI | k 0 A great many Demo
crats of the rankK-and-fiie persuasion
e et hink
ontside of 1 handfu of
re-pulling polit Ln realls
WANT a deadlocked convention next
tu vhen the jyestion of naming a
new Governor a¥d two United Stat
Senator to be thrashed out. Un
der the term f the last mendment
to the Federal Constitution, the peo
ple 1 ‘ eir Senators by direct,
vole T {that I 8 the way a heav)
majority f the voters of Democratic
Georgla want thelr Senator nomi
ntaed
If it shou happer therefor
that the nventiol hall be dead
ocked nder the rulse of the Fx«
cutive Cammittes ag set up recentl
the people of Georgia likely wlll hav
precious little to say in the matter of
nominating their new Senator ind
thelr new Governor—for, once the
convention I 8 deadlocked, a.-handf
of thimble-rigger vill' take over th
questions of making nominations,
hide out in some back room of the
Kimha House or the lanier Hotel
' thers cttle the matter of “‘ple”
distributio regardles of what the
congnon r garden variety of voters
think of things!
The committee probahly should
have done one of two things-—either
it should wwe provided for a ‘‘run
off” primary in the event no candl
date receives a majority of the coun
ty unit votes or jt ould have award
ed the nominations according to the
plurfility of the popular vote
Kither plan would have been prefer
ible to the one the committee did
frame up—for that plan tooks square
Iy to the prospect of a deadlocked
New Schedules—New Fast
Trains—Modern Service
st TR | ooy 0
In Effect Sunday, May 3, 1914
To Wilmington, Wrightsville, North Carolina, Vir
ginia; to Charleston and South Carolina; to
Augusta and Eastern Georgia.
NO. 6, NEW FAST TRAIN.
Leave Avlanti ... ..., i ... oL 1915 Noon
Arvive Augnsla .. . ... L 0 i s BIBPE M
NO. 4, FAST TRAIN.
Lenvs Atlants ... ... 0 R 00RE M
Arrive Auonsta ... ... . ... L IAM
Arive Ohavisston ... ... ... . ... DA M
Arrive WHotMMen ... . ... TBP R
Train No. 4 carries New Pullman Sleeping Cars, Atlanta and
Augusta, Atlanta and (‘hurl«-xftnn. Atlanta and Wilmington
Service Complete in Every Detail.
NO. 2, LOCAL TRAIN.
LeAve Aviante ... oo 0 TBOA M
Arrive Bugumta .. .. LIP
NO. 8, LOCAL EXPRESS.
LEAYe Alanta . ... .. el 8380 P
AYIIVE AUgURta ..o 0 vl g RN
Four Trains Daily Atlanta- Augusta—Hours Saved
Between Atlanta and the Carolinas.
Buckhead Accommodation Leaves 6:10 P. M.
For Detafls Call Ticket Offices
J. P. BILLUPS,
Genera! Passenger Agent.
[ CAVALIERIS "SECRETS or BEAUTY
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[350 Pasks —lOOO TESTED RECIPES]
LINA CAVALIERIS
PERSONAL ADVICE
Entitle the bearer to a copy of '‘My Secrets of Beauty,’’ by
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When accompanied by the expense amount named beiow, which covers
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The most compiste collection of authoritative information on the sub
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convention, and rather encourages the
fdea,
Do the people of Georgia want o
deadlocked conventlon? Side!ights
guesses they don't—and a straw ballot
of the people on that question pron
ably would demonsrate as much.
It would seemn desirable to limit
the nominees of the forthcoming con
vention, too, to the candidates RUN
NIN GIN THE PRIMARY-—that {s 0
say, It should be required that no
“dark horse” be trotted in at the last
minute,
This provision, with gome plan of
eventual elimination for the lower
candidates—~not to he applied until
ALL had had a fair running —wou'd
have been more acceptable to people
generally, In all probability, than the
present rules, as they stand in thelr
entirety,
} —
| Henator M. C. Tarver, who In &
member of the committee on (he
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Get a 2b-cent bhox of “TIZ" now from
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THE ATLANTA GEORGIAN AND NEWS.
Western and Atlantic Rallroad from
the House and Senate, talks most
interestingly of the report the com
mittee has mapped out for the infor
mation of the General Assembly,
“The committee favors a OLHO-year
lease of the State road,” sald Sena
tor Tarver, “and the appointment of
a committee to fix a sllding scale
of rates.
“The taxation of the property is to
he paid by the lessee to countles
through which roand passes, and the
gale of the Eastern Hotel and South
ern Express Bulldings in Chatta
nooga, which are apart from the ter
minals, is advocated.
“The committee is against the
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— |
Facsimile of Beauty Book Greatly Reduced—Actual Size
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How to Give NeWw
Beauty to Your
Arms Eyes Feet Hands Skin
Bust FEars Figure Mouth Teeth
Dress Face Hair Nails Neck
Nose Walk Throat Voice Shoulders
Complexion Personality Carriage
How to Make
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Cold Creams Mouth Washes
Cough Cures Nail Polish
Cosmetics Neck Bleach
Eye Lotions Perfumes
Face Powders Pomades
Foot Powders Shampoos
Hair Dyes Tooth Powder
Lip Salve Toilet Waters
Massage Creams Tonics for the Hair
Remedies for the Skin
What to Do For
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Baldness Liver Spots
Blackheads Moles
Blue Nose Muddy Complexion
Bunions Obesity
Chapped Lips Oily Skin
Corns Pimples
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opening of the Broad street and the
Atlanta plaza propositions, being op
posed to ANY Interference with the
present terminals in the two cities.”
I'rom Senator Tarver's brief outline
of the committee's report, it is evi
dent enough that it is to be a report
calculated to bring the discussion of
the entire Western and Atlantic Rail
road problem sharply before the Leg
{slature, with plenty of trouble, pro
and con, brewing!
Kepecially, perhaps, will the com
mittee’'s attitude toward the proposed
plaza plan in Atlanta be fought, and
in other ways the forthcoming report
i
| l
o/ N b ||
| Ls & -! ;
f| MY SECRETS ’ |
| OF BEAUTY | | “]
. %MME.LINA{AVALIERI i J,
looks very much like a “hot proposi
tiion!"
And Governor Slation is going
to do exactly wha Hoke Smith did
~gwing onto the Governorship
while seeking the Senatorship.—
(‘ordele Sentinel Only Hoke was
accused of “hogging it all,” while
with Mr, Slaton the Governorship
i« too sacred a trust to be laid
aside for mere ambition’'s sake.—
Ocilla Star.
Well, this matter may not be one
of surpassing importance, one way or
the other-——indeed, it probably isn't--
but it is as well, perhaps, to keep the
record straight.
Governor Smith resigned the Gov
ernorship to accept the Senatorship,
but without submitting the matter to
a primary election, in which the peo
ple ml{ht give expression to their
wishes In the premesis. He was a
candidate before and was elected
by the Legislature, without primary
instructions, while he was the Gov
ernor, following the sudden death of
Senator ('lay. Regardless of opinion,
one way or the other, those are the
facts of the case.
Governor Slaton is not propgsing to
resign the Governorship, unless the
people, in a primary election, duly
wuthorize him to do &0, The people
may or may not so authorize him, but
until they speak, he will not move.
There is some difference in the at
titudes of the two men--but cenclu
glons differ as to the questions in
volved, as they well may, in entire
honesty of opinion, both ways,
The expected happened in Floyd
County—us Sidelights ventured to
predict it would—when on Tuesday
Tax Collector John M. Vandiver was
re-elected by an overwhelming ma
jority, notwithstanding the plucky
and aggressive fight waged against
him by his young antagonist, Leon
ard G. Todd.
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