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BOOSýT WAUK.E GAN -TO YOUR, OWN PROFIT Invest Your Money to Extend One of Waukegan's Largeet Home Industriesamd Watch It Grow. We came to Waukegan two y.ars ago without ashing or needing any assistance or financing. We buit and equippedour factory aid toclay have tangible assets of approxhmately THREÉ QUARTERS 0F A MILLION DOLLARS. Sev. years ago in Seattle, Wasb., we mie the. firet .I.cticd»y welded boiler in the. United States and have buit this ianmmothplant ôutfthe1lb.prfita of the. b"ea Located on the flats i Wankegtin - Floor Spare 60,00» Square Feet - Site of -Plant 'Co 'mprises 19 Acres. TH'IS- IS YO.URX)'-PPORTUINITY -à companly in and always hm bon a close corporation. No stock bas ever been offered tu b. public nor to anyone oide of our group. 'W. now offer th. peopIe of Wankegan sud vicmnity an opportunty 10 partielpate in ils large earmings througi their subscription te lhe unsold portion of $100,000.00 of lheTreasury stock- The. revival of the building industry is bringing orderu for Pacifie Boil- ers from all over the country. Ont of the. total nmnier of steel boilers sold during one recent moti in Cicago, 90 per cent of them were our Pacifie Boilers:' We need more working capital to, meet the greatly in- creased business. Pacifie Boilers are in use from coa et 10 coast. Tbey are acknowledged by engineers,. architecte and contrac tors 10 be the 'BEST BOILERS ON THE MARKET." Laboratory tests prove them far more efficient than any other make o! boiler. Pacifi c Steel Btilers are eiiiirely elcc- trically welded. There is flot a rivet nor boit in them (except ini the doors.) There are no Eeams 10 open nor leak, no castings to break. It is as nearly an indestructible. boiler as it is possible 10 build. Our insur- ance rate is lower than on any other boiler sold. without a single excep- tion. Our production methods are unrivaled. They can be compared only with the one biggest automobile company in the world. Because of tie flexi- This stock is being offered through the officers of the corporation only. OFFICERS AND DIRECTORS AU OP0FWHOM BESIE 15WAUKEGANr ARE: O. T. NELSON, President, Direchor. H. M. REYNOL&DS, Vice President, Director. A. H. CHRISMAN, Secretary and Treasurer, Director. £LAM L. CLARKE, Director and General Couneel, Vice-Fresi- dent Firot National Bank, Waukegan. References GENERAL BOILERS COMtPANY An Illinois Corporation. Capital $1,Mf00, , SIZCURITIES IN CLASS "D" UNDER ILLIN048S SEZURITIES LAW. 'lIMIISE ARE SPECULATIVE SECURITÉES. FinaucW E tatoeet giviag efleet to present fiumeaiag as of lily 31, 1921. ASSETS Cash ......................................116871.72 Accounti e-eelabe.. ....«.....62648.93 .............................131617.02 TOTAL QUIC1< AS5ETS.... Plant and Etiulpmeut-Rtau Apprai Ce....'....................... ...... 486410-78 Other ReatEf-iate ....................1870.40 4 87 281.18 ls-R-î'efor D(fçrfuî rton .-...-.. 49220-80 Frepaîd Iri.iancc 1'rcnireiFr.-----------704.16 PievaW lilrteicb.zt and Taar ...>..... 955,85 A9tn(c.F, irji, Patertà and lDe- %,tlçîrrret-------------------...........522506.10 Orgar.:.m'rrr Cç»t -------------------....... 2.9 TOTAL A~~'..... ... 310937.67 $7 4 U9 8.05 Carrnt Iaabilbtme Notelà Payable .... .......... ACCOURUa Payable ................ OtlirestPayables anfd Accruals .. FiaedLîbits 6% Mortge4e Bonds ... .... ...... Reserve For Payment of!............. Capital Inestment 'Comnn b SIOck (Authcr izcd)-...... L"r Stock UniF>rUerl and Stock Sub- ...................... surpu-----------s LIABILl'nES AND INVESTED CAPliTAL ......-..................... 1465000.60 2710 8,21 132481.98 10000 0.00 711.67 150.000.00 4 $077 7.68 1019222.32 21677.09 $127 3504.06 -bility of production, made possible by the. patents, owued excIusively by thiz company, andi our method o! progressive aaaembly, ve can fil an or- der for any aise boiler in a few days. This cuts our manufacturmng cost to a minimum and means extra prof ita._ The Pacifie Boiler in flot an over ni ght or one man creation, but it iu the resuit of years of development work by some of the foremost engineers of the country. Tii. design of the boiler covered b y our patents permit a compact con- Etruction which requires only about 60 per cent of the floor space used by any other boiler of equal capacit y. The. large combustion space and long fire travel in ]Pacifie Boilers in sure complete burning of the fixed carbon, gases and volatile content o! the fuel, whicli would otherwise go up the stack as ltiiergy and permits the transmission of the grea test proportion of the heat to thc water. These are only an indication of the general superiority of Pacifie Bole ru and are lie real reasons for our remarkable growth, and continued succese. Every dollar subscribed goes into the Treasurr of the corporation. FIRST NATIONAL BANK SECURITY SAVINGS BANK' PEOPLES, BANK WAUKEGAN NATIONAL BANK .You are invited to visit the plant arrangements by appoint- ment urnly. Phone lm 6or liiout and mail coupon. COUIPON GENERAL BOILEBRS COMPANY Waukegan, Illinois Please uend me furtiier information in regard 10 tth General Boilers Co. Naie ....................... Âddress...................... Libc Lake Co KLUIX A' Lake Cou Tul THE GENERAL. ,BOILERS COMPANY -~ r~. TWE LVE MhrrlMt ru. ktvrrnner, a r 4h fr ff,]k5 tolay farýts chItli ln many y(;r iv]r rA. hii,, r le , F r Ili. n 1., Il1. lý ir 1,(A rf(,ren t] ]'Ul'l PFrBcr if Sied-- fSfl Wn it,. maac. Tu. m, î,r.'r 'A rrr I . 1 mm ,rr t] ff r and f- c,sar UN dAISIS ww Is'. mi] Tt .d it 'r.N fiTeand Il rti' ntf< m -nt f<1 Cr sy,,-fr Ivent r. lied ril whee la w