Gresham outlook., July 26, 1918, Page 3, Image 3

GRESHAM
OVTLOOK
FRIDAY. JVI.Y
SO.
191M
PAGE THREI
Become An Owner in this
Public Utility
H e r e is a n o p p o r tu n ity fo r G r e sh a m p e o p le to p a r tic ip a te in a b u sin e ss in w h ic h a ll h a v e a d ir e c t a n d
per­
so n a l in te r e st. T h is c o m p a n y r eq u ire s a d d itio n a l c a p ita l to k e e p p a c e w ith th e g r o w th a n d p r o sp e r ity o f our
c o m m u n ity .
W e w a n t m o re o f th e p e o p le o f this c o m m u n ity
n e ss w h ic h th e y k n o w a n d p a tr o n iz e .
to b e c o m e fin a n c ia lly in te r e s te d in th is
b u si­
X
7% Cumulative Preferred Stock
of the Portland Gas and Coke Company
Foi the iiist time, we aie directly offering1 the Preferred Stock of this company on a cash or partial pay­
ment plan to the people of Gresham and of all the territory we serve.
T h is C o m p a n y H a s R e g ­
u la r ly
P a id
D iv id e n d s
fe r r e d
on
7
P ercent
its
On
P re­
C ash
B a sis
On this nlan, you may buy as
S to c k .
many shares of the Preferred
Stock as you desire, or as we
may have to offer, the price being
$100 per share, plus the accrued
dividend to date of payment.
In the past this company has
regularly paid dividends of 7 per
cent on its Preferred Stock.
Today, with the population of
Portland rapidly increasing, and
with greater use of this com­
pany’s products for industrial
purposes, the soundness of the
position occupied by this public
utility is amply assured.
P la n t
D e v e lo p a P o r tla n d E n ­
Cash or Partial Payments
O n T im e P a y m e n ts
I nder this plan, you may buy
any number of shares up to 25,
paying $10 per share down and
$10 per share each month until
the purchase price of $100 per
share is paid; final payment to
include accrued dividend from
the last preceding dividend date.
P a rtia l P ay m e n t Purchasers R un No Risk o f Loss
should th ey fa il to meet paym ents at any tim e or, fo r any reason,
w a n t to w ith d ra w before c o m p le tin g th e ir purchase. I f von pm
chase stock on the tim e -p a ym e n t plan, m oney paid in can he w it h ­
d ra w n in fu ll w ith in te re st at G per cent, upon 1(1 days notice to
the com pany, at a ny tim e p r io r to date o f fin al paym ent. On the
o th e r hand, you can pay up y o u r stock in fu ll at any lim e am i
secure stock c e rtific a te .
and
S e r v ic e
te r p r ise
W ith
P o r tla n d
M oney
More than $700,()()() of the
$2,000,000 of our total Preferred
Stock has already been pur­
chased on the open market by
Portland people. By more of
our customers becoming stock­
holders, with the resulting great­
er distribution of dividends lo­
cally, the mutual interests of the
utility and its patrons can be
best Served.
Make Dividends Pay Your Gas Bills
A t fia sco S ta tio n , five m iles n o rth o f P o rtla n d on the W illa m e tte R ive r,
is the m odern p la n t w hich supplies the gas fo r o ve r GO.(HH) custom ers.
I his p la n t supplies gas to r P o rtla n d . Oregon ( i t y , Gresham , llills h o ro ,
Forest G rove and te r r ito r y between, re q u irin g GO.fMMI meters am i 1040
m iles o f gas mains. It also supplies the gas w hich is d is trib u te d by the
local com pany in V ancouver, W ashington.
An investment in this Preferred Stock provides a source of in­
come that, has proved itself reliable. Ql ARTERLY D IV I­
DENDS DATES, I EB. 1, MAY 1, AUG. I and NOV. 1.
Where the Stock May Be Purchased
Stock may be purchased through any employee or at our office, Gasco Building, Fifth and Alder Streets,
Portland, or at any branch office. I he Information Coupon, letter, or post card will bring full details. Ow­
ing to the limited amount of this Preferred Stock for sale, we suggest prompt action.
PORTLAND
GAS & COKE
In fo r m a tio n C o u p o n
Detach and Mail
"P asse d by the C a p ita l Issues C om m ittee as not in c o m p a tib le w ith the
N a tio n a l in te re st. b u t w ith o u t a p p ro v a l o f le g a lity , v a lid ity , w o rth o r s e cu rity,
<»pinion N o A 630.”
Incurs no Obligation.
Portland Gas & Coke Co. Gasco Building, Portland.
Will be interested in receiving further particulars on your 7
percent Cumulative Preferred Stock, including plan of payment.
Serial No. 2
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