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Non) Aw Buy Bonds on the
Union Trust Company
Partial Pa ment Plan
The Union Trust Company, always
anxious to improve and extend its service
to the public, has perfected an arrange-
ment for the purchase of securities by
investors on a partial payment plan.
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Incentive to Systematic Saving
One feature of the Union Trust Com-
pany Partial Payment Trust Investment
Plan cannot be overstressed—that is the
fact that under it the investor has an
incentive for regular saving!
The Union Trust Company—the first
Trust Company in Detroit—believes that
in its new Partial Payment Trust Invest-
ment Plan it has discovered one more
way in which it can serve the public.
And it is glad that its large and complete
organization is able to make this service
available to the public.
4\
The Plan
1
By means of this plan, you may deposit
$2,500 (cash or approved securi-
ties) on a $7,500 block of securities,
arrange future payments at the rate of
$50 a month and in approximately 5
years and 10 months own the $7,500
worth of securities outright. Or you may
deposit $5,000, arrange to pay $100 a
month and in the same time be owner
of a $15,000 estate. Or you may deposit
any other sum, from $2,500 up,
and similarly expand it in a few short
years.
Start Today
You can start today with $2,500, and,
by depositing $50 a month, in less than
six years own outright $7,500 worth
of sound securities. You can go on
from there and easily double or treble
that in a few years more. The plan is
entirely flexible and payments and prin-
cipal involved may be varied in any way
to fit a particular case.
How It Works
The way the plan works is this: The
investor deposits his money or securities
in a Trust Fund, established for the pur-
pose. The Union Trust Company then
loans him, for deposit in the same trust
fund, any sum up to twice the amount
deposited by himself. Then all the
money is used for the purchase of securi-
ties and the investor pays off the Union
Trust Company's loan in monthly in-
stallments. The interest payable on the
company's loan is six per cent and is
charged only on the unpaid balance
from month to month.
only A Third Down
The advantages of this plan are at once
obvious. You pay a third down and
the balance in small equal monthly
installments—but you have credited to
you the interest on all the securities
from the date of their purchase. Thus
the total by which the loan is reduced
each month is the amount of your
monthly payment, less the interest due
securities are approvel by us as collateral.
on the loan, plus the interest earned by
your securities. And, as the interest charges
on the loan decline, the total to apply on the
principal of the loan naturally becomes
larger and larger. Chart No. 1 at the
bottom left hand corner of this page
illustrates a typical case.
Flexible Trust Agreement
The trust is a flexible agreement which may
he terminated by the investor at any time.
In the event of the death of
the investor it is automatical-
ly terminated,subject to the
You know
payment of the Union Trust
Company's loan.
—how much easier it is to
An Important Feature
An important feature of
this plan is the purchasing
of your securities. These
may be bought through our
Bond Department which
has, at all times, an excellent
list on hand; or, if you wish,
they may be purchased
through your own or any
accumulate funds when there is
some definite need and require.
ment for doing so. Our Partial
Payment Trust investment Plan
provides every inducement to-
wards regular and consistent
saving and gives you an assurance
for the future which no haphaz-
ard, unsystematic scheme of
saving can ever afford.
other recognized Investment
Banker, provided that the
Also, the trust agreement
may be so drawn that,
should the death of the
investor occur while it is
still in force, the property
held in trust will not be re-
quired to pass through
probate proceedings, there-
by avoiding delay, expense
and other disadvantages.
Note
If circumstances do not permit you to
take advantage of our Partial Payment
Trust Investment Service at the present
time, you and the other members of
your family will be interested in our
Investment Deposit Accounts. These
accounts are used constantly by those
who wish to accumulate funds gradually
for investment purposes. Three and
one-half per cent (3 / 1 2ra is allowed on
every dollar to your credit from the day
it is deposited. Before you can invest
money you must save it. This service is
designed to help you do so.
Any of the officers in our Trust Depart-
ment will gladly explain to you the
many advantages of our Trust Invest-
ment Plan. Come in at your earliest
convenience or telephone Randolph
4470, if you would prefer to have a rep-
resentative call at your office or home.
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First Trust Company in Detroit—Friend
GUSWOLD AT CONGRESS
of the Family
TELEPHONE RANDOLPH 4470
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