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THE SUTJAY 0EEG051A5, FOKTLASU, J1AKCH JS1, XW.
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SHOWING THE
EMERGENCE OF THE
SMALL INVESTOR INTO THE
'y
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COMPLETE PRIVILEGES OF PORTLAND'S
PIP
IT3?
Of f ers to every one, with SlOO or more, a ground floor
- opportunity to own a part of
MULTNOMAH TRUST BUILDING NO. 1
to be erected this Spring at the corner of FOURTH and
ALDER streets.
Easy
THE BUILDING
which we are about to erect will be an eight-story, strictly
modern, absolutelv fire-nroof structure, a credit to Port
land and the entire Northwest. The building will be of reinforced concrete. The building
plans are being worked out by MacNaughton, Raymond & Lawrence. The location at the
corner of Fourth and Alder streets is unsurpassed. The entire basement, ground floor and
second floor have been rented. Applications for offices on many of the other floors have been
received. Complete occupancy of the building even before completion is assured. In the heart
of the retail district, one block from every streetcar line in Portland, with the exception of
the 0. W. P., and in the midst of Portland's greatest activity, no more substantial, profitable
or attractive building project can be submitted to the general public of Portland for invest
ment purposes.
'"P'LJT? PLAN provides for the distribution of ownership into 3000 parts, of the
J-rX.Xl vajue of $100" each. These parts are known as profit-sharing
units or bonds. Each one represents its pro rata share of ownership in the $300,000 project.
The owner of one of these units is just as much an owner of the building as though he pos
sessed half of the units. The distribution of the ownership of a large building over a large
city has many advantages, chief among -which, is the arousal of a public interest in public
construction, which has hitherto been scattered among the few instead of among the many.
These units may be purchased for cash or upon favorable terms. Opportunities of this char
acter seldom present themselves, and this one has proven exceptionally popular.
THE PROFITS
from investment in these units are derived from three
sources: First, of the net earnings from the buildincr after
construction, the first 6 per cent goes to the holders of the units. Second, all earnings in
excess of 6 per cent are divided in half, one-half of which is paid to the unit holders. Third,
each year $6000 is set aside for the redemption of the bonds. This fund will be invested by
the MULTNOMAH TRUST COMPANY in 6 per cent mortgages, creating thereby a surplus
fund which will be greatly in excess of $300,000 upon the maturity of the bonds. This sur
plus over $300,000 will be divided equally among the unit owners. This makes the average
earning 9 per cent per year, payable quarterly, and an additional amount approximated at 75
per cent to distribute among the .unit owners at the time of redemption.
rpijrfy TVT'P'T' "D T7 QT TT HTQ are astonishing to the small investor, for the
LAJ"t-' A'E'1 iVCJUl-f lO reason that he is unacquainted with the enor
mous earning power of business blocks. There are few investments which return to the in
vestor 9 per cent per year for 30 years, return his original investment and 75 per cent bonus
in addition. The reason why the small investor seldom has an opportunity to invest in this
manner is because the large investor is in closer touch with such projects and snaps
them up before the little fellow is aware of it. Instead of following the customary methods
of financing a big building, SWEET-HE AD-LEMCKE prefers to popularize the name of the
firm by allowing the public an opportunity of subscribing on the same terms as the large in
vestor. . So far, the general public has responded freely. The entire allotment of bonds should
be subscribed within a few days.
FOR COMPLETE INFORMA
TION BY MAIL, SIGN -AND
RETURN THIS COUPON
COUPON
SWEET-HEAD-LEMCKE
1461 Fifth Street,
Portland, Oregon.
Gentlemen:
Kindly mail your folder describing Multnomah
Trust Building Xo. 1 and your plan of financing it.
SWEET-HEAD-LEMCKE
BUILDINC
CORNER
FIFTH
AND
ALDER
STREETS
JMSMliSjMS
ENTRANCE
AT
146V
FIFTH
STREET
ACROSS
FROM
MEIER
AND
FRANK
IF YOU WISH TO TALK IT
OVER WITH US, SIGN AND
MAIL THIS COUPON
COUPON
SWEET-HEAD-LEMCKE
146 Fifth Street,
Portland, Oregon.
Gentlemen:
Will you kindly have your bond representative
call at the address below and explain your proposi
tion in detail? .
Name .
Name .
Address . ,
Address