Lake Shore News (Wilmette, Illinois), 17 Aug 1923, p. 25

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Wm$wWwWWw&m$ - itfSll^ THE LAKE SHORE NEWS, FRIDAY, AUGUST17. i^'iiiSi^Ii^iil^S^il^^^^^ . S. ANNOUNCES BIG STOCK ISSUE ,980 Additional Shares Common Stock On Market is The Public Service Company of rthern Illinois announced last ursday an issue^oOi2ti^^a44itidn.aJ. ires of its no-par common stock which existing stockholders may ,scribe, by utilizing their "rights," $94 per share. The market price of Public Service mon stock on the Chicago Stock hange, since the first issue of no- gtock about one year ago, has raged a little over $100 per share. the preferential price of $94 per are, existing stockholders may ac- ire this issue in the proportion of Dc share of new stock for each five ares of their present holdings. Letters were mailed last Thursday both common and preferred stock- dders of the company* announcing new issue and the preferential Inscription rights which will be ailable to stockholders of record on jgust 20. Subscription warrants nil be issued on August 21. The no-par stock is on a parity in respects with the present outstand- , common st6ek of the company, e present market price of the out- ilianding common stockâ€"both $100 ||r and no-parâ€"gives valuable sub- ription "rights" to present stock- Iders. The new stock will carry e same dividend rate of $7 per share r annum that has been paid on the, tstanding common stock since 1916 d at all times must carry the same te as all previous issues of com- llion stock. It also lias equal voting Pi ghts with all previous issues of both §f >mmon and preferred stock. The funds received from the sale if the additional stock will be used the large plant extensions now nder way, to enable the company to eet the demands of its rapidly grow- g business^ the fifteen counties f northeastern Illinois, adjacent to Chicago..-^|||k',5'v", ;,;, .. , "..-* ; The need of plant extensions to care or the rapidly increasing business of he eompanx 3* ^hjwn. to- *he *»â- ? ouncement that,iain the first six nonths of fel^^lthe new connected Tectric pOw^f^ad of the company vttJ58'$yk ciayt hi excess of the fig- ires for -the ^fesponding period in 92Z.~ Thefnun^ble^'pF houses wired in he territory in^j*h4 first five months times, greater than in the five months period of 1921. Sales of electric and gas appliances in the company's stores have also broken all previous records. Another gentleman who can be counted upon at all times to lend a hand in putting over any community Aram K. Mestjian enterprise is our valued friend Aram K. Mestjian. Mr. Mestjian is busily engaged in helping out the preparations for New Trier Day. Besides serving on the general committee, he is devoting a size- able portion of his time to the business before the busy Attractions committee. Mr. Mestjian conducts a flourishing rug cleaning establishment on Main street, Wilmette. He is prominent in Commercial association circles. Mrs. William A. Freudenreich and daughter, Elizabeth, 314 Abbottsford road accompanied by Miss Cora S. Earle of New York, and niece, Miss Lucile Earle, are spending a week at Mackinac Island. Mrs. Ward Starrett, 333 Richmond road, entertained at tea Sunday evening in honor of Miss Miriam Shattuck, who left the following day for State Line, Wis.-., Mr. Benjamin Hawkes,157 Kenilworth avenue, sailed Saturday last aboard the Majestic for Europe to be gone the rest oT the~sumffieT on ^ combined business and pleasure trip. Mrs. Franklin Martin was hostess at a luncheon and mah-jong party Friday at Exmoor club, honoring Mrs. Hicks of Pasadena, the house-guest of Mrs. J. A. Culbertson, 220 Melrose avenue. â€"oâ€" Miss Patty Foresman, 515 Essex road, has returned home from Waukazoo, Mich., where she:was the guest of Miss Caroline Everett. Mrs. Burt A. Crowe and her three children, Jane, Barbara and Roger, 234 Raleigh road, have gone to Post Lake, Wis., for the remainder of the summer. Mrs. JB..JC* Hawkes, 157-_JCenilworth^ avenue, left Wednesday to motor with friends to Delavan Lake, for a few days' outing. Miss Helen Taylor, 310 Cumnor road, left Wednesday to visit her cousin, Mrs. Franklin McCawley at Louisville, Ken- tucky. Mr. and Mrs. Irving Woodward, 537 Abbottsford road, returned Sunday from a visit with their daughter, Mrs. Hugh Blocher, in Gettysburg, Pa. Miss Elizabeth Stevens, 330 Abbotts- Iford road, left Monday to visit Miss Kathryn McKinnon at Northport Point, Mich., for a week. â€"oâ€" Mr. and Mrs. Charles Mock left a week ago to visit Mr. and Mrs. William Englar at Tomahawk, Wis. They will* remain until the first of September. Mrs. Edward Parmelee, 310 Warwick road, entertained at luncheon and a mah- jong party Monday for Mrs. Hicks of Pasadena, Cal. Mrs. Charles Ware, 325 Abbottsford road, also entertained with a mah-jong party honoring Mrs. Hicks, on Satur- day afternoon of last week. Mr. Douglas Crooks, 615 Cumnor road and Mr, Hallet Cole, 315 Essex road, enjoyed a short camping trip last week- end, storms, et al. Miss Helen Sears, 417 Warwick road, left Tuesday for Peterboro, N. H., to visit the Edward Mac Dowell Artist colony. '^3kiM'Heidi"Ruth. 416 Woodstock ave- nue, is the guest of Miss Marion Frank of Wilmette, at Eagle River, this week. Miss Martha Stevens, 330 Abbottsford road, leaves today to visit Miss Helen White at Eagle River, for several weeks. Mr. Robert^ErTDanly, 346 Essex road, left Friday to visit Mr. Walter Shattuck at State Line, Wis. Mrs. Mark W. Cresap, 239 Essex road, accompanied Mr. Cresap on a short business trip to Boston last week. -_Mi$s-Charlotte Walrath~of-New York, a Vassar friend of Miss Helen Cresap's, is visiting here for a few days. Mrs. Edward J. Phelps, 328 Xeleester road, entertained the Garden Club Thurs- day afternoon. Mr. and Mrs. Alex S. Joslin and fam- ily, 240 Essex road, motored to Spider Lake, Manitowish, Wis., this week. _ Mrs. R. J. Nelson of Cincinnati is the guest of her son, Charles H. Nelson, 621 Cumnor road. Mr. Alfred McDougaJ of St. Louis, spent last week-end with his mother. whose customary ***£&; |§p Carl Sterner, cation it is^to brighten^ homes both within and wTtHout,â€"is busily ^ K. C. Ball Team To Meet Express Nine On Sunday The Amercian Express baseball team will journey from Chicago to do battle with the Ouilmette Knights of Colum- bus nine on the diamond at Lake and Ridge avenues on Sunday. The local team recently defeated the Express outfit 2 to 1 in a tight encounter. Heingen, who will pitch for the K. C. team against the Sunday visitors, fanned 14 men in the 2 to 1 contest. This game has been scheduled by the Ouilmette nine to help the players get in the best shape for the Glencoe A. C. game on New Trier Day. In the Glen- coe encounter the local boys are antici- pating a lot of competition and they realize that everyone will have to play more than ordinary ball to win. Carl Sterner in working out many of the plans for New Trier Day. Mr. Sterner is particularly interested in the work to be done by the Attrac- tions committee and is also serving on the New Trier Day General committee. He always takes an active part in New Trier Commercial association affairs and is a valuable man to have around when - %%$%$&, sound advice is. -needed. .....^W,-,u,.-.:.;,||l^^' "Our Flag in the Atlantic," is the interesting topic to be presented next Sunday in the Junior and^^ Intej-mediate_ service at 10 o'clock. J. W. Fisher will give the talk. '"-~/p}:y;§:fM In accordance with our calendar announcement, we expect Dr. Lloyd this Sunday to bring us his first mes- sage since returning from his vaca- tion. In case he should not arrive, the pulpit will be supplied! Let us give Dr. Lloyd a royal welcome. â- - ::imm m 70 per cent period in" Mrs. Reed Landis of Glencoe, with her two children, Nancy and Keehn are ___..„________....._______li^ud^feandMrs.Kenesaw Lan- the corresponding] dis at their summer home on Burt Lake, Sid was almost nine* Mich. " 'Tis the Heart's Voice Alone Can Reach the Heart." -De Musset THE invention of the telephone resulted, not from an effort to find a means of communication, but from the deep pity in the heart of the inventor for those without the ability to hear the human voice. In searching for a method of teaching these unfortunates to use and enjoy theirprecious gift of voice, Alexander Graham Bell dis- covered the principle of the telephoneâ€" which keeps all of us from being deaf and H&rangeofthettnaidedvoiee^ is only a few feet; but the. same voice speaking into the Bell telephone may be heard a mile or three thousand miles away; The tones, the inflections, the accents, the individuality of the voice are all transmitted faithfully to the listening ear. Your voice is yourself. The Bell long distance telephone sys- tem stands ready night andTday to corners of me land, into me ear of some loved onei in jrpur family, a relative, a friendT a business acquaintance, or anyone with whom you have need of speech. The telephone is the universal instrument, making all men neighbors. Xi^3:Si:* -.-. ILLINOIS BELL TELEPHONE COMPANY ** Station-to-station" longdistance calls meet almost every re- quirement and the day rates are about 20% lowerthanforu person- to-person" calls. Eve- ning rates are about day rates/or "station- to-station*' calls-y but no rate is reducedbelow 25 cents. Consult the telephone directory for further details or call "Long Distance." £V $47,437,572 •aWVSS^-*""?^ *»2w» THE MACHINERY used by fanners in the 15 coun- ties served by this Com- pany, to prepare their land and to plant, cultivate and harvest their crops is valued at $47^- 437,572 (U.S.census, 1920). This investment in necessary tillage tools and implements rep- resents an increase of $30,660,509 over 1910. This vast equipment is indicative of the great agricultural wealth and the wonderfully rapid de- velopment which, with other natural resources of this area,- fiiij|h|ill',,»^ are back of the securities of this Company. The Public Service Company furnishes services of a nature so essential to the agricultural, in- dustrial and residential develop- ment of this territory, that the prosperity and future growth of Northern Illinois and the Com- pany are inter-dependent. /h^U^t./^va^c Prmmidvat Public Service-Company OF NORTHERN ILLINOIS 6,000 square miles of territory including 180 cities, towns and smaller communities. -~--- V-^fc Sr^EESMAN, Distr^Supfc^^^ 911 Church St., Evanston 2 "â- *%^^^ii^"^^^ a v.;-:. â-  ,-. â-  â- *.".:' :if â- 'â- â- . 'v:Y- Y>Y'; â- 3;aKâ€"'"' )>S^; ^|Mi^^^^2^, V'., '•;. $&-r%3?i£i£& iMm ":â- ;;â- :...;;* ,; : 7 "•s^^Sl ^yI1«

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