The Breckenridge American (Breckenridge, Tex.), Vol. 10, No. 237, Ed. 1, Tuesday, September 2, 1930 Page: 3 of 4
This newspaper is part of the collection entitled: Breckenridge Daily American and was provided to The Portal to Texas History by the Breclenridge Library.
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THE BRECKENRIDGE AMERICAN BRECKENKtD GE TEXAS TUESDAY SEPTEMBER 2 1930
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Let TEXAS ELECTRIC SERVICE CO
e
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Make MONEY for YOU
ARRANGEMENTS have been made whereby you may become partners of Texas Electric
Service Company. The money Texas Electric Service Company pays every three months as
Preferred Stock Dividends should go to customers and other local residents. You support the Com- -pany
and you should share in its success and can do so if you are stockholders. Therefore you
arc invited to invest in Texas Electric Service Company Preferred Stock.
Texas Electric Service Company
Texas Electric Service Company
...Mi Texas Corporation and has acquired and now owns inJ
nperatn the electric power and light properties in Northern Ccntril
Western and Soothwestrrn Trvas previously owned by Tort Worth
Power St Light Company and the former Texai I" Ire trie Service Com-
tnjr The Texas Electric Service Company supplies electric power
and light service in rapidly growing industrial oil producing itock
rawing utd agricultural irctiona of Texa.
The communities served include many recognized industrial and
trade caattn of the Southwest sm-ina; them in addition to Tort
tT-rrh and Wichita Falla bemg Big Spring. Ilreekenridge Sweet-'
iff. F.lectra Ranger Midland Eagle Paee Graham Colorado Fast-
! t B rkborneu. Setmoor Bowie and Snyder.
Texas Electric Service Co. Preferred Stock
it a iafe high-grade Investment one requiring least attention
or thought; one onr which jou need not worry . . .
and these are same reasont hy:
i ' ( mfdnt iu ppiirt ntcttuliti of every-day life electric light and
rlc. trie power. The demand for these services it continooui and
e-mrjntlr tnereatfng
7c f imftn't bulinrtt n wuh many rhouiandi v'f people induitriea
anJ bum iei ntabl.shments in Texas.
r I nf ni- fti modern pfoferUn ttand back of an investment
ip h i St.xk
( mf y tnn-tt tli rmfiJemet and good will ef the people
whTn it serves
Vioivmtnt Iw Jcmtnttrttei iti ability and efficiency.
7. - 0-rry'i ucuritm are well known to banker! and inrtaton
l illy at ell ai in other financial centers.
'''"lit Cnmpi-; proprrttn are within inaprction range of reai-
drm of the territory served.
tnh -J . p)M to stockholders every three month. on Jan-
nirr I April 1 uly I lad October 1
.lhtntc tnlotmitim regarding the bienacsi may be obtained di-
re. Iy from the Company.
TAX FREE
for
TEXANS
If you live in Texas
you will not have to
pay the present City
County or State taxes
on the money you in-
vest in this stock.
Price $100.00 and accrued dividend per share
Cut outjnrtjl mail to order stock or for complete information
PREFERRED STOCK
Each Share Pays
6
On Your Money
DIVIDENDS The dividends (or wages earned by the money you
invest in thii stock) amount to Jff.OO per share a year. They are pay-
able erery three montht JI.J0 per share on January 1 April I
July 1 and October 1 at which time dividend cheeks are mailed to
stockholders. At present price of the stock the dividends amount to
6 per cent a year.
CUMULAYTVE This stock is cumulative and the Company must
pay the dividends in full before one penny of dividends can be paid
on the Common Stock.
DIVIDENDS TAX-FREE You will not have to pay the present nor-
ma! Tederal Income Tar on the income or money you receive aa divi-
dends from thii investment.
REDEEMABLE Upon vote of a majority of the outstanding Com-
mon Stock the referred Stock may be redeemed aa a whole or in
part at J 110.00 and accrued dividends per share.
TRErERRED AS TO ASSETS AND DIVIDENDS This stock is
preferred as to assets and dividends over the Common Stock.
A RESALE DEPARTMENT will be maintained to assist and advise
stockholders who may wish to sell their shares.
SHARES TOR SALE for cash or eaiy.paycieat rjlanjof J 10 per share
down and $10 cer share a month. - i
. ... tlfNCAN1 1t Merth. Tm.
(.Mark X In O rneatini jour requirement)
Plii ha) ratwuwiUtW eaU to cle further Information.
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A. J. DUNCAN FORT WORTH
Shares are also for sale at any office or
through any employe of
A
TEXAS ELECTRIC SERVICE
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Hodges, Wesley D. The Breckenridge American (Breckenridge, Tex.), Vol. 10, No. 237, Ed. 1, Tuesday, September 2, 1930, newspaper, September 2, 1930; Breckenridge, Texas. (https://texashistory.unt.edu/ark:/67531/metapth71233/m1/3/: accessed March 19, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Breckenridge Public Library.