THE . OREGON SUNDAY. JOURNAU PORTLAND, SUNDAY ' MORNING. MARCH 21, 100D.
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Emergence oMfie
Investor Into tthc Com- hpTi
privileges of PprtjMP Q
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' THF HIT! Yll-1Tlir Whicl1 we are about to erect will be an eight-story,"
T CP strictly modem, absolutely fireproof structure, a credit
- : to Portland and the entire northwest The building will be of reenf orced concrete. The y
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
Vl have been received. Complete occupancy of the building even before completion is assured)
In the heart of the retair district, one block from every streetcar line in Portland, with the,
exception 46i the OWJ P.; and in the midst of Portland's greatest activity, no more substan
tial,; profitable or attractive building project can be submitted to the general public of Port
land for, investment purposes. - . T'--:v - : -
THF1 PI AM provides for-the distribution of ownership into 3000 parts," or. the"
" - - value of $ 1 00 each. These parts are known as prof it-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 possessed
' 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 construc
tion, 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 character
seldom present themselves, and this one has proven exceptionally popular.
TPHIF '-''PUftFITQ v From investment in these units are derived fr6m three
M ' ?f sources: .First, of. the net earnings. from the building
after construction, the first 6 'per cent goes to the holders of the units. f Second, all earn
ings in "excess of 6 per cent are divided,iri 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 irt
vested by the MULTNOMAH TRUST COMPAN Y in'6 per cent mortgages, creating there
by a surplus fund which will be greatly in excess of the $300,000 upon .the maturity of the
bonds. This surplus wcr $300,000 will be divided "equally among the unit owners. I This
makes the average earning 9 percent per year, payable quarterly, and an additional amount
approximated at 75 per cent to distribute among the unit owners at the time of redemption.
THIS1 : M1?TP BJl?dT TQ Are astonishing to the small investor, for the
Jf1"1 &&JljJLJy reason that t he-is -unacquainted with"; the
enormous earning power of business blocks. There are few investments which return to the
investor 9 per cent per year for 30 years, return his original investment and 75 per cent bonus
in addition. The reason wh the small mvestor seldom has an opportunity. to invest: in this ... rr "
manner is because the large investor is in closer touch with such projects and snaps them up ; J f
before the little fellow is aware of it. " Instead of following the customary methods"of f inane- 1 i
FOR COMPLETE INFORMA
TION BY MAIL, SIGN AND
RETURN THIS COUPON
COUPON
X pWEET-HEAD-LEMCKE
" j 146 Fifth Street,
Portland, Oregon
Gentlemen:
Kindly mail j our folder describing; lultnomah
Trust Building No.-T and your plan of. financ
ing it. :
: Name ; .
. ; , ...
J Address .... ,
SWEET-HEAD-LEMCKE
BUILDING
CORNER
F1FTII
AND
Alder
STREETS
ing a big buildings SWEET-HEAD-LEMCKE prefers to popularize the name of the firm
by allowing the public an opportunity of subscribine on the same terms as the laree investor.
So far the general public has responded freely. The entire "allotment of bonds should be sub-' 'j
scribed within a fewriavs. --v--. ' ' .';rv,,:.-.s -'' v?. ,
Z3 : - - 7 .V'.-'. .v
ENTRANCE
3
146 HFTn
STREET
IF YOU WISH TO TALK IT
OVER WITH US, SICN AND
MAIL THIS COUPON
ACROSS
FROM
METER
AND
FRANK
v ;xoupon;;;. vt ;.;-vr .
SWEET-HEAD-LEMCKE
; ,146 Fifth Street, V V '':
Portland, Oregon: -
Gentlemen:- " '-. .
AVill you kindly hare ypur bofid representative
call at the address below and explain your propo
sition in detail? ;-, . . f. .
4. Name . . . .. . . .7. i . v; 7. .T.tT,.
: J ' ."Address . . , . . . . .. .V. ... .. . . . ....
i