SHORT-TERM RAILROAD BONDS 

 NETTING NEARLY 



Maturing serially April I, 1909, 1910, and 191 1. Having disposed of a 

 considerable part of the issue, including the entire portion maturing in 1 909, 

 we now offer for sale a limited amount of the bonds maturing April 1 , 1910, 

 and April 1, 1911. 



Most short-term securities are in the form of notes; that is, secured only 

 on the general assets of the Company. The bonds offered above are a direct 

 lien on the entire property of a Railroad Company, subject only to a First 

 Mortgage issue representing in amount only about one-half the actual cash 

 cost of the Company's property and equipment. The Company has paid 

 regular dividends on its capital stock for the past five years. 



We will furnish a special circular on request. 



FISK & ROBINSON 



BOSTON NEW YORK CHICAGO 



28 State Street 35 Cedar Street 135 Adams Street 



Farms like this are the best security known, and mortgages secured 

 by them are the best investment for your funds. My loans do not exceed 

 50$ of the value of the land, exclusive of the buildings. I place infor- 

 mation at your disposal so that you can know all about your security. 



Write me for full particulars. 



REFERENCES I 



MACKEY J. THOMPSON 



MERCHANTS NAT. BANK i#-»-wi xi_ ^. w «_w 



CAPITAL NAT. BANK, BOTH OF ST. PAUL. MINN. 514 PIONEER PRESS BLDG. ST. PAUL, MINN. 



ABSOLUTE SECURITY 



Your courtesy in mentioning the Magazine when writing will be appreciated 



