Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1848-04-27
IiE SHENANDOAH PAPER MANU-
FEATURING COMPANY.


, vTViE Charter Of tbs Lompanv having been
L fsvorably reported upon & passed by the
| Leg stature Of Virginia, il is flue to the COM
| munity that y full and concise statement Of
lis features. objects. intentions and engage.
mcnts. he laid before them. tina, those dis
, posed to aid participate in an enterprise
| 80 useful in itself. ard so highly beneficial to
the community. may do so Understandings
! The Corpor alton are entirely distinct as a
body from the purchasers of the Gulf Mill
Properv except purchasing lot and so
| much water power from them as may be re-
cessx,, for their specific manufacturing oper
a:ions---~ Inch the said proprietors of the
Gulf Mill Property agree to furnish. inc.,t-i, c
tf lot fnr Fac.o:y. at rate equal to a rent
of ten dollars per ann,,m for each horse pow
CT * qllisite for driving the Factory-and to
take the principal. which would be Sl66 per
horse power. IN sock in the Company. This
rate Of only about one ffh. or fire hun
dyed Or. ces Il IS than the s.ss Of Na.rr pow
| err at Mana,unk, Lowell, Lawrence. Trenton
or Patterson. the great seats OF Or Eastern
manufacturing establishments Although
! the proprictors of the Gulf Mill Prope.fy are
and must be st very heavy outlay of cash
CAPT al in the purchase, and will be in She
Improvement and development of the water
power necessary for The Factory: yet they
put the power thus low 10 the Shenandoah
Paper Manufacturing Company. to encourage
them in the opening and commencement OF
| manufacturing Improvements in this great
i, Nal.sy. i 5.Yfs anal IF :-..-.l-.,t, s.eaa.
M part. therefore. Of the funds or stock
subsc,. ned in this Valley, will be diverted to
the purchase of. or Improvement OF Water
mower or 10, tor Fac:ors! But every COLLAR
will be strictly and faithfully applied to the
erection OF Fact. rv-purcllase of machinery,
and TO fo II, a business capital tor the Com
pany. as may be seen by Section 9.h OF the
Charter. rH = .-fis-a.s - a..
The expense OF the factory building, @H-A
forebavs and water wheels, is estl- ~ r..
mated at .~,..,as s.l ri s,.. $4,000
The expenses of sixteen rag engines
and four G, Under and Fonlr'nter es .
machines, and all the other appa- s 5sHi
ratus and fixtures. abou, $4,000 l..-
dollars. and viii require about 100 -iu
horse power for operation. S22, 600
A business Capital not exceeding TO-.
600 will be requisite. r,- $4,000
Forming a capital OF $50. goo besides
th. water power. r'f $4,000
The machinery will be capable of manutac
turing upw:rds Of ZOO lbs. of paper per
day--or about $500 900 worth per yea,.-
And although this amount may seem "a large
amount, yet when we consider the vas, dali.
! consumption ct paper in. the United States.
we should be inclined rather to increase. the
capacity of the mill, than to fear want Of
| market for the paper. AS market for a large
! amount of what we shall be able to manfac
ture is already engaged Those disposed to
take stock in iie Company. can do SO b. APP
PLYING 10 the Editors of any of the papers
published in the Valley, to Robert r. Brown
o. John ii. S,rder, of Jefferson county, or
Hiram Eli S, General Agent of the Company
0J'Me are desired 10 request each editor
IN the Valley to consider himself fully au-
'horlzed to receive Subscriptions ior stock.
ADrit 6 IR4S