Winnetka Local History Digital Collections

Winnetka Weekly Talk, 9 Jan 1926, p. 22

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(® WINNETKA TALK January 9, 1926 January 9, 1926 WINNETKA TALK ----_ | A Holingex Bond Is a Safe Investment $145,000.00 First Mortgage Real Estate Bonds 62% Secured by the new GEORGETTE COURT APARTMENTS 7444-54 North Seeley Avenue, Chicago, Illinois, containing thirty-one apartments. Estimated annual rental $31,380.00. $70,000.00 First Mortgage Real Estate Bonds 6%2% Secured by the new GLEN CLAR APARTMENTS South East corner Arthur and North Claremont Avenues, Chicago, containing sixteen apart- ments. Estimated annual rental $16,500.00. Twenty-nine years of perfect investment service. A. HOLINGER AND CO. Real Estate Bonds and Mortgages Eleven South LaSalle Street. Dearborn 6200. CHICAGO January Investments When considering the investments that you will make this month be sure and weigh well the stability of the issues offered. The firms whose advertisements appear on this page are ready and anxious to serve you and ask that you write 'or circulars or communicate with them by telephone. A post card or telephone call will bring you a copy of our circular of JANUARY INVESTMENTS containing brief descriptions of more than forty issues of MUNICIPAL BONDS PAYABLE FROM TAXES YIELDING 4.50% to 6.00% Exempt from all Federal Income Tax Municipal Bonds have been called "The Aristocrats. of the Investment Field" Next to Government Bonds rv, "they are the safest investment The Hanchett Bona Co Incorporated 1910 MUNICIPAL Bong 39 So. La Salle St. CHICAGO Telephone Central 4532 New York Detroit St. Louis 45 Years 100% Safe | ey ITE, | \ at 1 t new free book, Bel! telling Whi - ip onds Are al Were B ds safe hot + 'mortgage bonds L) 1 || |) makes bon! property vestment bod sate--what k nd of retire in makes x Pes st secur ving budget. No ears on ¢ Brenan wil in i call. Cochran eM Cluer Co. 40 North Dearborn Street 533 Naren Avemme Telephone Central 0930 Between You and Us S an investor, you want more than just a bond. You want an in- vestment 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 dis- posal 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 forget that our business is being built on personal service. WYANT & CO. 108 S. LaSalle St., Tel. Franklin 6110 CHICAGO a = New issue $650,000 THE LANSING (CHICAGO) First Mortgage Serial 6%% Coupon Gold Bonds Dated December 26, 1925 Due Serially 1928 to 1935 RECOMMENDATIONS: 1. SECURITY : Direct closed first mortgage on land and building. First lien on income. 2. LOCATION: Southwest corner of Maple and Dearborn Streets, Chicago. Near the loop, Lake Michigan and Lincoln Park. 3. VALUE OF SECURITY: Land, $110,000; building, $944,000. Total valuation, $1,054,000. 4, 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. 5. PAYMENTS: Semi-annual payments will reduce the loan to $406,000 at final maturity. This is approximately 38% of the present appraised value of the security. 6. PRICE: 100 and interest to net 614%. These bonds are offered when, as, and if issued and received by us, and subject to the approval of Messrs. Rueben, Fisher, A. Leight, Holzer & Co., Bond is a SAFE Investment. Leight, Holzer & Co. Second Floor, Conway Bldg. 111 W. Washington St. Phone, Franklin 1170 Chicago, Illinois Mosser and Barnum, counsel for Leight, Holzer & Company.

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