Illinois News Index

Wilmette Life (Wilmette, Illinois), 15 Jan 1926, p. 22

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22 WI L·M E T T E L I FE January 15, 1926 A BOLINGER BOND IS A SAFE INVESTMENT $145,000.00 First Mortgage Real Estate Bonds 7444-54 North Seeley Avenue, Chicago, Illinois, containing thirty-one mated annual rental $31, 380~00. Esti- $70,000.00 r First Mortgage Real Estate Bonds Essential! EPENDABLE BONDS are backed by some essential activity. The investments offered on these pages have the strongest possible security. Their reliability and earning power are .insured hy essential industrial projects, municipal improvements, public service extensions and realty improvements. You can invest in them with safety. South East corner Arthur and North Claremont A venues, Chicago, containing sixteen apartments. Estimated annual rental $16,500.00. GLEN CLAR APARTMENTS Secured by the new 61h% D Twenty-nine years of perfect investment service. A. HOLINGER AND CO. Real Estate Bonds and Mortgages Eleven South LaSalle Street. Chicago Dearborn 6200 · tr=====================================~~rr=====================================~l New issue Between You and Us $650,000 A you want more than just a bond. You want an investment of unquestioned security that is also carefully selected to meet your particular requirements. This is precisely the field in which we can serve you. We place at your disposal every facility of a competent and experienced organization and we offer, in addition, the personal counsel and in-· terest of the principals of our firm. We are large enough to serve you well but not so large as to fo~get that our business is being built on personal service. s an investor, THE (CHICAGO) LANSING First Mortgage Serial 6 1h% Coupon Gold Bonds Dated Decen1ber 26, 1925 L Due Senally 1928 to 1935 RECOMMENDATIONS: 2. 3. 4. SECURITY: Direct closed first mortgage on land and building. First lien on income. LOCATION: Southwest corner of Maple and Dearborn Streets, Chicago. Near the loop, Lake Michigan and Lincoln Park. VALUE OF SECURITY: Land, $110,000; building, $944,000. Total valuation, $1,054,000. INCOME: The estimated gross income based on exceedingly low rentals is $171,500 annually. The net income will be over 2~ times the maximum annual interest requirement. PAYMENTS: Semi-annual payments 'Nill reduce the loan to $406,000 at final maturity. This is approximately 38o/o of the present appraised value of the security. PRICE: 100 and interest to net 6~o/0 · These bonds are offered when, as, atul if issued an.d received by !ts, and subj~ct to the approval of M tssrs. Rtuben, Fisher, Mosser atld Barnum, counsel for Leight, Holzer & Company. A. Leight, Holzer & Co., Bond is a SAFE Investment. I I I I l! ' 5. WYANT .& CO. 108 S. LaSalle St., Tel. Franklin 6110 6. i ! CHICAGO Leight, Holzer & Co. Second Floor, Conway Bldg. Phone, Franklin 1170 111 W. W aahinaton St. Chica.o, lllinoiil

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