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Newspaper
Plainfield Gazette
Location
Plainfield, New Jersey, United States of America
Date
Aug 28, 1851
Page
2
Mr Albert D. Drake is our authorised agent to receive subscriptions and advertisements at Mr E W Carr Third Street Philadelphia opposite the Exchange is our authorised agent for that city.
The Gazette announces post paid confidential communications and announces delivery time. It promotes the RawWay Britpive and Loan Association with a plan allowing laborers and capitalists to invest shares for loans and rent benefits. Readers may obtain a full copy of the Constitution and By-laws at the office.
Correct arithmeticians note that by paying a few dollars monthly, a working person can join building and loan associations like Rahway to borrow up to two hundred dollars per share and acquire a home. The system funds loans from member shares, encourages thrift, and lets members secure or preserve property with monthly installments and gradual repayment.
A group forms a Building and Loan Association to unite labor and capital for safe investments in shares of two hundred dollars paid monthly. Members may borrow two hundred dollars per share with security, and the plan emphasizes home ownership, timely payments, and reducing external debt. The board will appoint officers, insure buildings, and set loan terms with annual meetings and defined withdrawal rights.
The document outlines that the Association shall have one thousand shares and no single owner may hold more than twenty shares. After the first Monday in January, 195 percent, additional subscriber series may be formed if all shares are taken, but new series shall not share in profits. their accounts remain fair but follow identical rules.
Reports from Key West and Havana detail General Lopez landing near Bahia Honda and Creole forces, followed by swift executions of about fifty Americans. Citizens in Havana report mobs and alarming scenes as ships Pampero and Pampero’s movements feed the turmoil.
From Havana dated the 18th New Orleans sources say Gen Lopes fought one battle with Spanish troops. The Spanish repelled the patriots nearly wiping them out and even Gen Lepen was lost. The loss for Spain on repulse was four to five hundred. Calm expected until more pillibusters arrive.
A crowd formed around several women described as Bloomers as they paraded the streets of Buffalo on Thursday. Boys and onlookers followed them, sparking a lively demonstration until the group sought refuge in a store and later escaped in a carriage.
The notice warns that colds and coughs can rapidly become fatal lung disease if untreated. It urges use of Dr Rogers Sprup of Liverwort Tur and Canchalagua, citing testimonials from prominent men and an advertised pamphlet for more details.
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