1 1
II
READ THIS CAREFULLY! IT MEANS DOLLAPS TO YOU
An Opportunity That May Never Be Given You Again
; ,: THE FRED A. JACOBS CO.
Largest sub-division operators on the Pacific Coast, known throughout the Northwest as a highly successful f irir
presents to the readers of the La Grande Observer an opportunity of getting in on one of the best investments ever
offered in the Northwest an interest in v
The Metropolitan levestment and Improve"
ment Company
The Metropolitan 'Company owns a
large amount of the most valuable prop
erty in the city of Portland. Included
in its holdings is a magnificent four
story brick apartment house covering a
quarter block. This is one of the largest
and finest structures of its kind in the
city. Adjoining this structure the com
pany owns sufficient ground on which
to build several others of like size. The
company also owns a large number of
completed residences and cottages lo
cated in the most desirable sections of
the city. It also possesses in fee simple
a large amount of unimproved residence
property in the choicest districts of
Portland.
The Lbs Angeles Investment com
panj, established in 1S95, with $5,000
capital, today has assets of over $16,
000,000. The Metropolitan Investment
and Improvement company of Portland,
Oregon, was organized along the same
lines as the Los Angeles company and
was patterned after the Los Angeles
company. Today the stock of the Los
Angeles is selling for $4.39 per $1.00
share, the company having paid an av
erage annual dividend of 39 per cent.
$100 invested with the Los Angeles
company 17 years ago and the 'divi
dends reinvested is today worth $22,
900.'. '
The Metropolitan company was or
ganized for the purpose of building
bungalows and houses to be sold for
cash or on installments to acquire land
at a low market price or below market,
and to improve this property and dis
pose of it at a profit; to imnrove a val
uable tract of central city property it
owns with apartment houses and sell
or operate them. The company has al
ready constructed a very fine apart
ment building which pays a handsome
profit on the investment. It has buiR
a large number of bungalows and resi
dences which it has uniformly sold at a
substantial profit The company's' op
erations have been profitable to a mark
ed degree, and the character and busi
ness judgment of its officers are such as
to insure a continuance of profitable op
erations and investments.
Associated with Mr. Fred 'A." Jacobs''
in the organization of the Metropolitan
company were some of the- most promi
nent and best known business and pro
fessional men in Portlad and other Ore
gon cities. Among them are the follow
ing: Lloyd J. Wentworth, vice presi
dent of the Lumbermen's National
of the Northwest Electric company; W,
of the Northwest Electric ocmpany; W.
D. Skinner, traffic manager of the S. P.
& S. road; Dr. E. A. Pierce, of .the state
board of health; Woodward & Clark
wholesale druggists: John F. Paly,
president of the Title and Trust com
pany, all of Portland.
C. W. Nibley, of Salt Lake, Dr. Rich
ardson, Dr. Hall, Frank C. Bramwell
Judge J. C. Henry, Geo. Good. C. A.
Murray, C. P. Ferrin, Lot Snodgras and
many others of La Grande.
Metropolitan stockholders have received il r .e 2 per cent quarterly cash dividends this year and 3 per cent quar
terly has been set aside for the reserve. The book value of the stock is now 109. Its total earnings so far for the
current year has been 15 per cent
The capital stock of the Metropolitan is $500,000, of which nearly $400,000 has been subsciibed. Only 5 per
per cent, of the capital stock or $25,000 has been allotted to the GiandeRonde valley. Stocks can be purchased
now for $102.50. July 15th the price will be advanced to $103.50. Send in your orders for stock st once by wire
or letter, follow telegrams with letters of confirmation.
Remember, that the stock will positively be advanced one dollar a share July 15. Don't
delay. Stock will be reserved as ordered. Wire or write
The Fred A. Jacobs Co., Selling Agents
v Xo,
r-r X
X
269 Washington St., Portland, Oregon
Now is the lime to become a shareholder
s s & y" y
x y
x 4? y
X v-
V X