Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1848-04-08

.
THE ch.rzr 4 his cs6p.ny k1vlns ben
i. I:s sSs Vssri5s si s De :s 8
community that fun and concise staleti<s. =
its features, objects, intentions and cngagcmeL|
Be laid before hem that thcec disposed to aid q
parlicipaie il an enterprise 80 useful n ITSELF and
20 highly beneficial % ihe community nag do .
undeTsiandingly.
The Corporation ara entirely distinct Is body.
from TIC purchases q he Gulf Mill Property.
except As purchasing 4 lot and 50 mnch water
power from them as may Be necessary ibr heir
specific manufacturing operations which the
said propriefors of he Gulf Mil Properly agree
TO furnish, inclusive of lot for Factory q rate
equal 70 4 rent d tsn dollars per annum for each
horse power requisite for driving the Facipry-
and 10 take the principal, which wo1h be Sl66
per horse pouer3in stock. nthe Company. This
i q raie Of only about az ftfks ~ ~ h.ndrcd
Pr es.f !ss than.the cost q Water power a Ma
nayunk, Lowell Lawrence. Trenton of Patterson,
The gre1i seats Of our Eastern manufacturing Is
t4blishirents Although the pr6priel5fs Of the
Gulf Mill properly are. and must 3 u a very
heavy outlay Of cash capital in the purchase and
viii Be in the Improvement and development Of
the water power necessary Cor the Factory yei
they put The power thus low 10 lhe Shenandoah
Paper Manufacturing Company, 70 encourage
them IN the opening and commencement Of ma
nufacfnriug improvements 10 his great Valley.
No part, therefore, OF the funds OF stock sub
scribed ia this Valley. win Be diverted 10 the pur-
chase OF, or improvement Of Water power or lot
for Factory. But every dollar Will be strictly
and faithfully applied TO the erection Of Factory
purchase Of machinery, and 10 form business
capital fot the Company. q may Be seen BY Sec
ton 9th Of the Charter.
The expense Of the factory. building.
forebays and water wheels, is estima-
ted nj &l9 O00
/ The expenses Of sixteen rag engines and
| four Cylinder and Fondrineer ma
/ chimes, and all the other apparatus and
/ fixtures, about $4,000 dollars, and
will require abou; 100 horse power for
operation, ~ ,0Oo
A business Capital not exceeding 10000 49,
i will be REQUISITE $1,000
Forming a capital of $50, 900 besides the -
water power, $50, 000
The machinery win be capable Of manufactur.
ing upwards of 6 600 lbs of paper per day--or a
bout 500, 900 worth per year. And although
this amount may seem large amount yet When
we consider the vast daily consumption Of papel
in the United States we should be inclined rather
to increase tie capacity Of the mill, than to eai
want Of market for the paper, as a market for q
large amount of what We shall be able to manu-.
facture is already engaged Those disposed tc
take stock in the Company, can do so so by apply
ing to the Editors of any of the papers published
in the Valley to Robert T. Brown or John II
Srider, Of Jefferson county, or
/ HIRAM ELLIS,
General Agent of the Company.
II We are desired to request each editor in
the Valley to consider himself fully authorized
tc receive subscriptions for stock,
Winchester Republican and Virginian, Rom
|ney lntelligencer, Woodstock Sentinel, Harri
sonburg Republican and Register Staunton De
Inocrat and Spectator, Lexington Gazette and
Star, insert the above one week as comm. and
two weeks as an adv, and send copies of theii
papers and bills to Hiram Ellis, Agent, Harpers-
Ferry, Va.
| April 1, 1913