Newspapers / The Daily Advance (Elizabeth … / Sept. 20, 1924, edition 1 / Page 2
Part of The Daily Advance (Elizabeth City, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
EVeryrrmn's Investments PROMOTION ST?N KS A w o ni u n wrote mo th? other day that sb?? WM? 1 lit* owner <if ti*u bhuri'H of pro mot top stock toouiiht u yfir or wo uko- As IC*mi. r:illy liuji pi'Os in mi?-h riiNKs 1 urn m TBGeST^HVOFrs lw? s of the ?lock peddler had h? v?t been kept. No dividends had "ever bMn puld and there was mi m*rkei_ for the stork. sin wanted to know if she could not force the company to return her ?nqfray. Jf-Jlke. luid-Ji* uji .alibi. to. prove fraud In any part of the transaction potdihly she could recover provhled the company had any uhhcih or tli? promoter ant financial jrij>oiij?ll)|lil v. I t a t Tur'h " iiiatf pts" - Is very dlulcult to prove and generally entirely impossible. Falling this ho! had no recourse. Hiinulv. be cause a company Ih anahle to do boslnesi at a profit and su rantiot any dividend* on lit Hiwk Ih Do >e*aon for demanding a return of- the price Hie unfortunate Stockholder* paid for their liold That was pari of tit - rink thtjr took, a risk common to all ?t*ck partncrshrp* own wticn the enterprise Ih organized in Rood faith and the Block selling cam paign Ih honestly carried on. Incidentally promotions of this kind are as scarce as the tradi tional hen'H teeth. ?The only way n stockholder cat realize upon his investment la'io sell the Mock to someone else at the market price what ever that prire happens t*? lie. Sometimes slock Ih *old at a pro fit, sometimes at a Iohh. The company has nothing to do with it and haH no responHlbllity in the matter whatever. You have to take the hitter with the sweet and wlv^n you buy shares in any new enterprise of some slock Mlllng agent It in more apt to he bitter than sweet. Thi? matter of a mark' t for ?toci i? the rock on which ho many people wreck their invest ment craft. You cannot even mike the profits which the atock peddler ao glibly promises unless yoe - have somebody to buy the ?tt>n of you at n higher price tb?A the one you paid. One of the commotion! t ricks In trade of Uitte gantry in to aaaure their vlclftns that on and after su."h a a date the prlco of slock will he raised. That If. very eaay for the II. .ill (kiln hltX III*' Kt or k to It'll, lit- can raise I he asking price and so can you if you happen to have any hut finding u huyer I* unoiiicr matter. Ami that pro bl? m is up to you. The company I'' aiiil.'r no I kuI obligation to take back tin* stock or the pro moter ? itiier for that matter, mi le** a-. ?as .4<t i<| In- fore fraud can be proved. fONSTItl ?TIQ\ In a preceding article I polnt'd out tliai nmrj care was needed in Invest ing iu the securities of a new enterprise than in one which bad demons! rated it* earning power. That article considered ottf-y -Ht?rfki* from this standpoint"" To a less degree, however, the same applies to bonds. Kor Inst a lice only I lie cither day- art- investor ? rote methat"tF,~ wan I he owner of the bond* of a railroad company outside conti nental I'nited * States which hail Ju'nt d 'faulted their Interest. He ta ul Lb at hv had bought fofbunda iri >? 1 f.tllli as ..i| 111 v. Ktnn i ? lid not an a speculation mid that they were rerominetided by a re liable iiuakltiK house. . I'robaiily iit the time he made bin Invest ment lie did not notice that these tmrntr were mailed on a road lo he" built. In other words it was a KO-called "construct ion loan." There |m no record of earning*, only estimates of whnt the property would earn only - after I In* roa-l bud been ImiIH and had been P'it into operation. These pvtimaterf were never realized, the project failed and the bonds de fauMeil. There are many of these con ttfiiriinn loans offered to inves tors and :iome of them are en tirely sound but an a class they do not glade as high as bondi< whirh are a lion on property Itlfady income paying When you are asked to buy a security hiiHo:| on future prospects rather tluin upon accomplish' <1 re mil In it is nwiHimry to examine- Lho -slt uation with considerable care. You -havu no ? income statements over a period of yearn to go by. You rtin only Judge the offering first by the investment hanking house that undertake* it and se cond by the record of the man agement of the corporation In similar enterprises. In any case you must take a little more risk than if you were buying a bond the record of which Is available for examination. In return for this slightly greater risk which varies with the security you 4ire entitled to a little higher return. You will find too I hut the open market appraise* bond* in thin way making the name distinction I hat I have tried to make. r < til l ~t I'liurrti IRjiv. O. K. Hill, li-rlor. SI. Day. Celebration Holy Communion at 7 : ::u a. in. Sunday 1 and udull Hi l?l?' elaf>s?*n at m. Moniiiin prayer and \ lla. m. Evening prayer ah* ?nrmon. 7:30 p. hi. Yoii are, coM tally Invited to the?e fu*rvle<'t;. MKT|IOI>lsT First MflhodUt 'Rev. N. H. I). Wilson. I>. I).. PMM>r You arc cordially Invito*! to, >11 HorvlcoB. Sunday school. Mrr-J. A. Hoopor, nu per Int cndcnt, ? rP> a. ni. Worship with ITer mail by tho pastor. 11 a. in. and 7yul p. m. Morning subject. "Teaching Thorn; " evening nub Je4?. "Tho Curse of Morox." Tin* mMcal program for the day Ih iih fottmrs: , i," Morning Peakide (organ). AntUom. "Praise Yo tho Lord." ?aniH. Offfcjtory (organ ? "l.a root Mour *at," Oottschalk Roto, "Babylon," Watson -Mr*. J. L W: Foreman. Pdftlude. ? Evening pMludo (organ). Thy Mysterious ,r>n;li/ "Album Lonf," Kirch mr ArtfWem. "O Lord Our Lord," Ad *?? Posiludo. t|ft) I toad Methodist K|>Ik<o|mI M*v Danlol l?ano. pant or. Sun takechool, Mi. Uvoriic ? Pmreri, superintendent. At 1 1 lL'*tn. worship with sermon. tafElhe pastor, "How Wo May Hav? a Revival." Epwortli on at f.:4& and 7. Sermon 80. "He That Wlnneth Ho^Hi Is Wise." Following Is tho muaioal program: Morning Prelude, Moniiis. Ooibel. Veltfntary. One Fold and One : flficphord, Wilson. Offertory (organ) Reverie, Felt on. Duet. Shine, Splendor Divine, [ IMdton- Mrs. lleil and Mrs. Cliappoll, Evening Pfftftd.-. At Evening. Crainmond Voluntary. Ror-k of \k?-h. () Hal I Offertory (organ) Tho Last Rose of Summer, Oounod. Quart, t . Room In Ood's tavn for rpwua? < organ i AiWh'in , "In Tl Ttes*' nco." Ijpreii Offertory (organ) Yoii, Hnlton. Ilalls rnvk ami Ml. liernifHt Hrv. W. T. 1 'III ppa will preach Sunday morning at 1 1 o'clock jjt HuIIh Cn<k, and Sunday after noon at 3 "'clock nt Mt. Ilcrmoii. TIm1 public lit cordlnlly Invited. 1W1TIST * Kiwi llnplUt S. U. Tenipleman. imxlor. Sun day hcIiooI ot !? : ::o a. in. C. H. Twlddy. iMiperlntendent. Preach Inu l?y tlir pastor at 1 1 a. in. and 7:30 I-. m. Itlai kvvell ?Memorial T>r. J. H. Thayer, pastor. Sun day Nchonl nt 9:30 a. in.; K. F. Aydlett, superintend* nt. At 1 1 a. m. preaching i?> tin- pastor, MA Soul Winning Church. At 7:30, Jacob (SartcnhauH, a Christian JLew?AJll upon It. ? ? Culviiry ItaplNl Ili'V. II. F. Hall, puHtor. Sunday nchool 3 p. in. S. S. Davis, HUpcr intendent. HvenhiK Her vice at 7:30. Preaching by pastor. Corinth llnptlst Rev. II. F. U a 1 1 , pastor. Sunday school cnch Sunday afternoon at 2:30 o'clock, W. F. Prltchard, Sr.. tuiporlntendcnt . Preaching by the pastor at 3:15 p. iu. Senior and Junior H. Y. P. !T. each Sunday nl^ht . The public Is cor MELICK HI A VUl' Vi il 111 ~iYt i f nrr mi'n Oil. STOVE NEEDS A WICK. MK I'KOIIAIII.V CAN SUPPLY IT M ELIC K ? M. (?. Morrinfllr A Com pan v ;.FURNI I II K K . < ANM, If YiW llavo || iJHICWT, If V.M, \\ ;,..t II 2 666 |Mik pr?MTlf<lon for M?li?rln, wmI Kftrr, itragif or ?Mow frrr*. It klfln the (frrm*. New Engine of Death Tested by Uncle Sam CARRIES ^ ' ' !S8VS?Si SPEE0 PER HOUR MOUNTS 5 MACHINE GUNS canflyfrom new YORK TO CHICAGO WrTMOUT STOP ? X > A huge lwojnoi<>r?il airplane. powerful ??rnntrh to carry enough "canned death" to destroy any battleship (i float ih U-iiTk nulijnlnl to ground t?-m?at McCook KU-ltl. I->ayton. O. In addition- to l^ln* able to.nuxk* a non stop flight from fhicuRo to NVw York, th?- pew. plane. . lt i? ^aald. -ponqd*. &f tMiiulut, Nv? nmrhme gun* to fbtiA t alUE-kimJ" iV capable of Climbing tO'llllIIUlle fUWe'r arid com* 4oW.it slow er than any other machine. Thr wings are i ? feet limg and It In IC feet (ruin bottom of landing wlitvU to lop .of ui?er wing. They Greeted Wade Lieutenant Leigh Wade's folks (rum Cnn*o|K>lia. Midi . were on hand to welcome him when the 'round-the-world fly em arrived in Chicago. Here ? hey are *een looking nkywaid uh the plane* circled ahove the field. From |left_lo right are Ii?h sister. Ethel, hi* father. .William M. Wade, and ua .other sister. Anna Gertrude. ilially invited. lU-re* llA|Mls( Hev. n. F. Hall, pastor. Sun day' achooi Sunday morning at 10 o'clock. lien Frank I'ritciiard. nuporintendnnt. Preaching at 1 1 a. in. by the pastor. Tlie public in I'm n mm invn.ti, I'ltKMIIYTKItl A \ llev. Frank II. Scatl? r^nod. minister; Sabbath seluol. it :4ft a. in. Lesson: "The A|M)Nia<*y of Sol oiiioii." Morning worship. 1 I o'clock. Theme: "The Soul'* Highway." Fvenlnj; service, 7::t0 o'clock. Subject: "life's Con structive Force." Mid-w?-ok sit vice, VVednenday. 7::t0 p. in. A h?tvIc?> for prayer and Illlde Hi ud v. These services tire ojien lo all. We invito all to come and worship with ns. OTHKit m:\o.Miv \Tio\s Free Will ItaptM Hew I?eroy Harris. pastor. Preaching every first Sunday. Sunday school, each Sunday morn^ at ? 1'rayvr iut??.tUife | ?*sicli \Wdm-Kday niulii. , IViiIccohImI Holiness Hiinday M-hool at J. IT. ' liak?-i\ xu|M-rint?'iul?'iit. l'r?achlnj;J ut II and 7:!lM o'Hock by Itov.i W. J. Noldi-.- ? Si. IHi/nlM'th's Scrvlcpa will l?o In Id In th^ Catholic Chapci. Hinton ItuiMiim, at 1?:3U Sunday morninK l?y Fa I her JJohi-rty. Visitors are al ways Wrlcoiu'-. H WKTK1.I. FKTI'HK Ol TUANSI'OKTATION Sec t 'oiiibiiiut Ioii of Itu* ? Scrflrp anil Khytrir l(llllWll>M Now York. Sopt. 20. ? ( I'.y Th.1 A?KoriuU-d I'roMH) ? Futuro loal transportation will cunaist of co ordlnnted Ini? ami electric railway wrvic, preferably operated by oho company, in the opinion of Kumpeati trans port at ion experts. This is the crux of a report made unlay t?> tin* American Klectric Kail way Asocial ion by an associ ated committer, represent Ink liotH lots and trolley Interests, which Ii:?h just returned from it six week inspection of Kunpcaii transpor tat inn facilities in Kngland, France ami Scotland. The members were J. \V. Welsh, and llarry L llrown of New York and llarley A. John son of Chicago. Muses are being used far more extensively in Kurope than In tills country, but imtstanding t.cans poi'Lalitilt men.- ? Of*? orations, have only vague ideas an lo the vehicle's future "place, the committee reports. GrneTally It T5 conceeded thai the electric rail- j way. will remain the chief agency Tor carrying maim transporta tion, and the bus will find lis -plm-e In supplemental service. I nanimous opinion was expressed thai it cannot supplant electric cars In carrying peak loads |n large Cuies present except at a prohibitive cost. l/>rd Ashficld. managing direc tor of the London Underground, which runs several thousand buses. tuirf?tce cars anil subway lines, 'declared the lum cannot at the ? present- time-' - i ake- - the- pi a ce~r?r surface cars in London because of Insufficient street space, for one rensoii, and the necessity for ?financing nddltonal underground railway* Surface ? linos can bo supplanted, he declared, hut only hy greatly widened streets and the const met Ion of new jotbways. The hope that substitution of buses for street cars will reduce noise is based on sand, the com mittee declares. "The popular FOR SALE! Tlii' property Hlii-rr \V. (!. Huiiir> lives 011 Simond* (!m'k Kind. Two srh of ^mmI building*. Thin land im in *tiit?* of culti vation and thirt |no|Mily i? loralccl near (lliurch and High Srliool. I'rin* Sl^O(H). TKHMS II DKSIKhl) GALLOP & SAWYER REALTY CO. Famo and Lebanon Belle Flour a re BbMtlurrI) llourn of qtt.-illtv volil h* the lr?dliiK grocers. ? IIIKTItllM ti:i> IIV ? A. F. TOXEY & COMPANY Water Kti-rei, f SQOl W ? WtfcN 8CW3 8CLN "(tULvNU N\t WHM ^ vJONPEKTOL Y TvVN&-Mf**C MOD' >S - PEKHW- . cj] MOU'D UKE TO T?H *T i\NO SU'C IF U TvCRf? A.^ORPR'bE CT ? [ >N STofiE VOK MOD 1-; ' lU t,D into M ^ -? r? ?r-l \ Tub Ut*T k tv H h ( AND POT ]/[ ' 4gt?A- li OH ? MR..GUNN , ?-)ST LOOK". So And wmats BE-CGIME of T>tE_ "tTeooOGiRaPhCP. I HRtfi FOR sou j NE^TERDAS f MOM N POP BY TAYLOIt HERE'S VMHERE L M*KE SHORT \ VJORK OF TMKV HOMEL.V MUO C BEMVNO THE. TsPEVMHiTEK KESS ( / IMiiiii'k Su?|>irioll-< Arr Amused rwins Born in Different Town ? n?MH* twin ku I* u?-i ?- Ikh ii in n-nt jiI.kis No. 1 anivnl in Ml. Mu ll . iK - 'Jr. |> in dim .in ! "J > ,n iihIii-i <<l mto I his \v < ? i lit in Flint. Mu-lt . '-'?<* m lli> ?. Tin ni??t.h?*r. Mrs. IVIIU LXirliy. W4U) iiit-lutl iK'iii '.M n n ? >'i i .",1,' ? : | ? n ~thr~ nrnvni "i>f" Nor~tr~ " 111. n in Ainnrii'ii Is that t?? .-ubsti * ?it ** rubber-* ired buses fur street earn will lirinj; a|jout at great re duction in nolso," t li ?? report stiy*. However, the committee was ini prsmd with i !??' fuel that in the central London urea when* there are nn Irani wayir, flu* noise or i li?* buses e a (He'd l?y gear shifting. the rxhaiivt nnd nth^r ? nun in irMv'V* and the pounding of tin- bun w heel" In depressions in tin- nuve inent ia very liad. . 1L. h .is. ul?o noticed thai streets over whirh both tramear ami bus op rate, whero the notae of both types of vehielen could lu? direcly com pan :l. th?* huseg on the average mad*- mure noise than the train cars. 1 Zone fur< es are In forte prac tically throughout Europe. Two cents l? the minimum fare, hut in London, for Instance, smite local fares run above a shilling, or 24 . cents. pATARRH of head or threat is usually benefited by the vapors of? VICKS V A RO RUB VA I Million J Oi'rr 17 Million Jan L'i "<:< >QI>" I Ml j \ (HAM.'K Ttittti ? i-tsti -- Ijntrerrr Fish Cakts < lt?ndy lo Fry FIhIi Flake Salmon. I and l'iukj Sardine*. . fall <;nH ? |(OI. AMI CiAKItKTT. PHONE 1 14 Standard Pharmacy THEY WILL SEND IT. Wedding Gifts Always glad to .vhovv you and help you oliooso a j;ift ihai will please vom. , <.'^1110 to scM> us and see what a complete line of gifts we have. H. C. Bright Co. . Enjoy the World's Best Music WITH AN ATWATER KENT and KENNEDY RADIO RECEIVING SETS _ I'lUCKD HH.HT ? TF.HMS IF DtMUKl) Battery & Electric Co. Ill N. filler Slrrrl. IMIONK HIS Belts of all Colors and Widths Tli?? narrow belta for chil dren In |>at*-nt bathur. at 13c Tin* \%id? r kill and patent leather b? lts for ladlfs, in all colors, at Me Th'1 v**ry wldo cniahcd bolts In kid at *I..Vt and In l>tit? nt l#ath?*r at -SOc r-?k*' t-Mli-r In It* for Hoy? and CJirl* tan and black, at 91.00 Rucker & Sheely Company . * Elizabeth. City's lirst Store NO MATTER how Kood a suit you may buy, if it is not properly fitted- by a com potent tailor you will not bo correctly dressed. Buy your clothes from us and ue will lit them for you. D. Walter Harris The City Tailor and - Clothier .. Gallops Groceries Depend on an old reli able and well established grocery store for the most satisfactory service I'hoiws 3 and 57 M. P. Gallop Co. Tuft's Pills Indue* regular haWt. good digestion. Relievo the dyspeptic and debilitated ?nd lone up the system up the i AGAINST MALARIA Norfolk Southern Ituilroud will arrange ?xtra coach equip? Li. In< nt ?* > train arriving RaU-iyll September 2. ?., 1G, 10, 17, 22, 23. account ftttiilcntH returning to hcIiooI for tlie fall H< K8ion. Addl tlonal Hl<>(>|>ing cara will be oper ated from Norfolk on theac date* if required, and pronpecllvo paa neiiKera tthnuld make reacrvatJona through tljflr local agent at th? earl teat PokkIM* date, aep.1,14,21 Blinding Headaches "FOT Ataut twenT jr years," says Mr. P. A. Wal ker, of New burg, Kjr., "ono of our family remedies has been I?lfick-I)raught, the >1(1 reliable. ... I use It for coldti, biliousness, sour Rtoraach and Indigestion. I was subject to headaches when my liver would get out of order. I would hare blinding headaches and . . Just couldn't go. I unod Thedford's BLACK-DRAUGHT end it relieved me. "About eight years a go my wife got down with liver Mid stomach trouble. . . . Wo tried all week to fa.clp bor? . ... but she - didn't got any better, Rhe wee nauaoated and couldn't rat or rest. She began taking lilnok-Drangbt and in two days she wae great ly Improved and In a weak ?he wan uf*." , Try lilack- DraaghL 15X93
The Daily Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 20, 1924, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75