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32 COAL AND TIMBER May, 1905 JOHN W. GROVE H. B. BURNS, M. D. G. L. RODGERS CHAS R. MOORE I President Vice President Secretary-Treasurer General Manager J. I Investment Seeurity Profit Coal Is King I offer the Special Issue of Ten Thousand Shares of Treasury StocK of Industrial Coal C INCORPORATED MINES AT HILLIARD. PA. Authorized Capital, $500,000.00 Full paid and non-assessable, at Ten Dollars, par value, per share, in large or small blocks. Allotments payable as follows: 25% cash, 25% in 30 days, 25% in 60 days and 25% in 90 days. This gilt-edge security is paying 6% cumulative dividends at present and with the enlarged and improved facilities contemplated, will pay 50 to 75%. FACTS FROM PROSPECTUS DIRECTORS. A. G. TIM, President Guardian Trust Co., HARRY John B. BURNS, M. D., Member Select Tim & Sons, Pittsburgh, Pa. Council, Pittsburgh, Pa. JOHN W. GROVE, President Rex Filter Co., CHAS. R. MOORE, Coal Broker and Operator, President John W. Grove Co., . Horne- Pittsburgh, Pa. Stewart Co., Pittsburgh, Pa. G. L. RODGERS, Asst. Secretary and Treasurer J. S. RODGERS, Auditor Industrial Coal Co., The Treasury Trust Co., Pittsburgh, Pa. Pittsburgh, Pa. Have a lower freight to Lakes than the Pittsburgh district. Have an unlimited car service. Command the highest market price and have a demand larger than we can satisfy. Have earned and are earning 6% dividend with the present insufficient capacity. We will increase our shipping facilities to eighteen hundred tons daily, upon which we estimate our dividends will be from 60 to 75% per annum. THE INDUSTRIAL COAL COMPANY is officered and run by Pittsburgh men of known integrity and business ability. Has no bonds, preferred stock, and every shareholder is upon the same basis. Subscription blanks and further particulars cheerfully furnished upon application. CHARLES N. HALEY, •- Fiscal Agent, Bell Telephone 143 1669 Keystone Court Building, Fourth Avenue, Pittsburgh, Pa. Mention "Coal and Timber" when writing advertisers.
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