Fred. W. Burger.
Investigate The Company And Its Management
Because the most conservative statement of yield from our pecan units
sounds too good to be true, we have found that it was necessary to urge
prospective purchasers to investigate every phase of the company.
For this reason, the men who have invested most largely are always the
men most capable of getting at the real facts—and acting on their own
knowledge—manufacturers, merchants, bankers, lawyers, physicians,
dentists, salesmen, accountants, teachers, preachers, farmers and others
of the most intelligent classes are becoming owners of orchard units
because their investigation has shown:
[Sidenote: Why your investment is secure]
=First.= That the Company is financially strong—a $215,000 corporation,
which received its charter in 1911 from the Superior Court of Georgia.
Subsequent to the incorporation, the Company purchased what its officers
believed to be the finest plantation in Calhoun County for the growth
and development of Paper Shell Pecans. The plantation with recent
additions, all located around Albany, Georgia, totals nearly 7,400 acres
of land, which has been or is to be planted to pecans. From the date of
the purchase the Company has expended large sums of money annually upon
the development of the property and each passing year sees a greater
expenditure upon property development and permanent property
improvement. Latest approved methods are sought and applied; and
notwithstanding all this the Calhoun County Plantation is subject to a
lien of only twenty-seven thousand dollars, the Dougherty County
Plantation to only five thousand dollars, the Mitchell County Property
to only ten thousand dollars. For the purpose of safeguarding the unit
owners a special trustee was appointed whose duty it is to see that the
company’s receipts from orchard sales are appropriated to the
development of the orchards sold, the planting of new orchards and the
reduction of the lien until the same shall have been extinguished
entirely. This result will be achieved before the Company shall have
conveyed one-half of its orchards—a unique record among modern business
concerns. The Trustee plan was specially devised for the protection of
Unit buyers, and we know of no Company that has devised a safer plan. It
is the result of the most careful consideration given in the interest of
the unit buyer. When you are safe, we are safe also.
The books of the Keystone Pecan Co. are audited quarterly by Certified
Public Accountants, Vollum, Fernley & Vollum, of Philadelphia, New York
and Chicago.
=Second. That the orchards are under capable supervision.= The active
officers of the Company were close students of pecan growing for years
previous to 1911.
Public-domain text, read in full here on John Shaqi.
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