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•^. X —. >*•■:.■■ ::^.«_j_ .J* . • . •■•■ •.- iv ••. »..,v i%f> ■ • "i -fr- -■^^V^-J^^;-.H Ctfniuliti^ Convertible Prefen^ Stoek :..-. . f-:-r, ■■?..-; ■^;.•;^ -^ s •; ..i-V-K;->^.*\- '• •>:•-,*•-^vv 'Xi' • .~f: We are offering unsold balance of the fiight Pw €ite«t CimfiM»% C^MIfWf* ^ €S^I'>^ • :/;'4;i>'' ^r^:^:.,>^. .y:.^^^ AND ACCRUED DrVlDISi& . \ r^-PSK^ftl ■':.•' -^i. ,. • Vi "* V^ JOf the total outstanding issue of 16,876,100 moi^W f&m 1% fWT «at it^:^^ . v: > Cliei& if^^fotedM tfiiS^fbunders and b\wiers of these ttleAt^es. S^km^:-- ■ - - ^:C : ':y^^ ;!i Thfe proceeds of this financing will permit the ktiilfcfi^g of MSdaed ' .;■[ ' :' large theatres in Kansas City, Mum6apolis» Mettipl^rLOfAii^les^ SaA Fran- "^*.' '; Cisco, and other,important cities. ^ ir Hv '-^ ' .:!t *>^>;->^-r^ 'T'^*.-; «■ ;.^ ^ .'■«•■ « ? •v.? :^-^i^'i-^. .' V Tl^e'lM^er^ of He Orpheuni Circuit imt hetH l»n»raMl by the Anierican Appraisal Company at $13,083,835 ia^itt df^iidHig ^GtM This means tfiat every share of Preferred Stock itf bac&ed up by it^,i2 in tangibly assets esdusive of the valilable ItiaiihM lA^^ and «l go^dlrflL •V.',*-^- • ■•^'■'::■ \i:~f ^» *• >_; J* ■"; ':* Sk-'x.-^ 1^' i^ei^sri^x^ 1M yesafhetbre taies wei^ ta&te iSeA six tux^ the amoimi; of the dividend requirement for the wh^ <$irisbtfi(£hg issu^Cf Prefenflsd' Messrs. Martm Beck and Moiris Uey&cUtd^ ir^ afld tuiar ilSsociate#3^l ;S ^ ■tdflCtotmueiheo^lJbEo^^^v;;.^,:^■;■■ :'':-^'- .,..••. ;. /••.•-•.^^;^s?^v:^CTi^v^v->^:v^^^r^^^ v5r Jg ••v^viir g.' V_^; »>> Vif. -¥.!• ''v;-.«-- You have played the Qrpheum CirCiA. Ifou. know f^tim yotir tfWI y^ wf^i^ ttl 5 ObsarVdtioft that it is as sound, as |^hna!neni a^ as well o^^i^ ajbusi- ^fy^r" ; i^^ ■Diessenteq»ise:asth^i»iikthe'U^ted-Statte. . • ' .: y :./: W'^'-M^^W'^t- X ThiS' prefeited stis^^ imi investment ti has behind H conserv^ivd^ ^ ^^H*?) J€ aplKraiised ^sset^in hm^ an<£ tl^atres far in excess of the entire issue. U;^^ ?I^u^^^ t%- pays eight pet cent S^yeat. Iijf aidditioit the holder has the privilegvof con- verting each share of Preferred into tw(y a&^^^ Coilunolft stodk al any \--■■--:'■.%■.■■■ ■ ■■»» We regard this as an exceptionally souM investottt Subscriptions in any amount maybe sent to us durecf Of flBEKle t£MMig^ .-:-9p/ ^ . ,^,: ',7- • -:- •; s' .•wt any member of the New York, Bostom or Chicago Stock Exchange -^ V'-:M0^ '-R SEND FORDESCRi^nvlieneuLAB ^l^^\^ RICHARDSON, HILL & CO. Establlslieir 1870 Sb CONGRESS STREET, BOSTON, MASS. UmlmtvVm^ York, Bisttea and CUcfego gfodT liUJUgif . 6. •:-5 iiiiiiliiiriMiriiil ?:"^i 'M ^ w