Word: optional
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Dates: during 1910-1919
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...bonds pay 3 1/2 percent. interest, payable semi-annually June 15 and December 15, and run for 30 years but are redeemable at the option of the government at the end of 15 years. Should bonds of a higher rate of interest be issued prior to the termination of the war with Germany, these 3 1/2 percent. bonds will be convertible into bonds bearing such higher rate. This provision practically protects the holder of these Liberty Bonds against the depreciation of his securities. The bonds are the direct obligation to pay of the United States government whose good faith...
Nelson Marns, a man of unimpeachable probity and ruined finances, is endeavoring to construct a canal through a small town in New York. He has secured the option on the land desired from the land owners, who are poor farmers. He is continually blocked in his efforts to get the charter granted by the local coal trust and several other powerful corporations, whose interests would be jeopardized by the building of the canal. Marns, his ward, Faith Stuart and several others who have the interest of the community at heart, are struggling to secure the granting of the charter...
...price's the thing, no doubt. Is it a bargain? Possibly not, because the new owner could have the option of cultivating the ground and finding his market in Combes, or of staking out a battlefield and doing business with tourists when peace returns. What an opportunity for a man with the historic instinct! But will France permit showmen to desecrate the soil where her heroic sons have given up their lives for human liberty? The great battlefields of the war from the Somme to Verdun should be set apart and dedicated to educational and patriotic uses for all time...
Owing to the disturbed conditions in Europe, due to the war, the successful candidate is given the option of going to Europe now, or waiting until the termination...
Roomier quarters are also being sought by the Princeton Club of New York which is planning to move from its present situation on Grammercy Park to the up-town club centre. An option on a $172,000 piece of property on the north east corner of Park avenue and 58th street has been procured, and a new building, more suited to the growing needs of the club, will be erected there. The membership of the club has now reached 1,100, with F. G. Landon, Princeton '81, as president...