The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1869-01-30

4 till that has entirely played ont; proposed
| to send sewing machines for $40 that are
better than either Wheeler g Wilson's or
Singers s till the receipts scarcely pay the
advertising bills, (which, to be sure, is the
only expense we incur IN that matter); +;
anu WAY ~, w ,nayeh Guphe tnaG nonesI men
are iusslaeu st IN turnling a hand TO- II Is I'M
possinie lof me 10 discover A" 2" =
.,,up ,up9 you ithlnk you nave tried every
tniHng ggr,l,.,,,.,.,g,. i. .,,I.,,..,.,....g.-l.
inveEythlng tnaI a gentleman can con-
slstgnsiy engage nun luuLJ- y,i. ig.L.
"bug YOU nave never formed JOINT
sVocS @ oompanyII N.Y. ),
SoLIFcs, pm. ,g,LsJ } Z
anu nc, ~ p d goou spec, Wheh properly
nlSISgeu -,
=, funguesIonaoiy. iouEe an anger I9r
Ihs ggSssloh' a JoiIt stock coMps.hy u
~ 9spps ,ues, anu SaeteS ,s, n1ney IA II
wa W. G sbsIi H' i. ~ eoS mnao S"lA - 70 sno
80 ua' III !I, !. i;tti W u u
;ntrododS ~ % tLo '1e 5 Il.slo Oe
aTbat Hr;ii NJ san,,so nv ~ .bo'Ipb. poUp r. ..
go, e laS sS.H IA - Nv. u 1sy ilsS
Ser VI SucI We lnus' move WIN
'0VI SP,,t ~ uolat a1,St "..oI Cni; -, -. mn.
have ar ,,To"sirr "S 90 ro.% ~ taoJ,, J A nooh VA
mat %r mo%o o91 q oToen To " io"Uy '"'"' any y
GWaIi III u,Lot ~, 49, ro,, % ood co,,,,o,,
=, 10y % q. = oi " .e q. fS1:,
Wirninio nSu0SJ y VI " 0o"f COMPANY III " e''
~" -,E.a
mn tne Lead company py al means
!. lnat is more speculative, ana We Gan snow
IL u up IN msghihceng style IN aproSpect9S;
~ VIII WoLk 70 cnaIm' slT' we VIII
nave tne hentucky o ONO Lead Oom'
pany chartered Dy SPECIAL d aGt OF Legls'
Iature capHai stocK' D SllSoO,UOVl know
a tract OF lana on the Cumberland river,
ol ABOUT lour thouSahd acres, thsV can DC
oought tor song ana lhen, as Ihese mat
ters are ordinarily arranged Surneo over .ss
10 Ihe company az heaVy, ngure. Blii,
we've struck Iortunei were all rlghIF
90 halVes, Ol course t.,... ...I,
",Most assurealy. Ihe ldea Is yours !;
wen WORK IL up IN partnership, ana then
olVlde the spolls. III draw up the G cnarter
and write a prospectus, and well have
matlers Comfortably under way In Ten
days, Cad the simple idea makes me
feel like nabob.
In less than. ten days the charter was
passed by the Legislature, approved by the
Governor, and, printed on the same sheet
with flaming prospectus, mailed to thou
sands OF capitalists and business men in
Kentucky, Ohio and Indiana. Theshares,
that were nomiually valued at $50 each,
were offered, ito limited amount" at
$40, with the assurance that within six
months they would command o premium
in the market. Applications came pour
ing IN faster than they could be answered.
The Office OF the company was crowded
from morning till night by people who, in
their eagerness to invest, were notparticu-
lar how rudely they jostled each other;
and II was reported that small man, from
jacksonville, paid considerable bonus
for the chance of a'broad-shouldered indi-
v1dual who had elbowed his way to the
desk in spite of all obstacles, and who
only surrendered to the small man after
the most earnest entreaty, and the pay
ment OF greenbaeks J" IN hand. /" Ford
was right when he selected the Lead
Company for heavy business, and his
management OF its organization proved
MIN a. YER. Napoleon or operators.
as TINS ls'essentially true record, the
main interest OF which oenteTs .ln It's exact
ness, the writer has been particular to as,
certain the gross amount OF cash received
LOT tnls STOCK, ana nnds 1t to be $lOS,7oO,
OF which $1,000 was paid for real estate,
and $lQ0OV devoted4 TO the working
capital Theabsolute control OF the com
pany was still lett IN the hands OF its pro-
jectors, for they held IN their own names
more than. halt OF It's STOCK and after
paying incidental expenses, they divided a
cash profit Of $s9p09 as the pIoduet. Of
very light labor during four months. Had
their programme been made on q basis
little less liberal, the profit would have
been double this sum.
In this company more than one man in.
vested the carefully boarded sayings of.
years, and only TO fad, after q few months,
that he had paid his cash for something