The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1869-03-06
LOCAL Affairs.
Tho ELTON Machine Shona--Re1ox


give the Report of the Committee appointed
to estimate the cost of, and consider a plan
to establish Machine Shop at Elkton, for
the manufacture Of Agricultural Machinery
and do a general repair business. That
plan was to include the incorporation and
removal to this place, of such Machinery
as is now in the machine shops of Casho
& Co., located near Newark, Del, as the
Company might think advantageous. and
also the manufacture of the Diamond State
Thrasher and Cleaner 1t will be seen by
the Report that the Committee have sue
ceeded in making a very fair arrangement
with Casio & Co., and that the chances
are all that could be wished or expected for
the organization of a Joint Stock Company,
with comparatively a small capital, that,
with anything like judicious management,
should speedily grow into very considera-
bic and profitable manufacturing company
The plan involves the employment of the
experienced and valuable services OF the
senior member of the present COM
pany of Casio & Co., and perhaps
other members of that firm, whose
interest will be so identified with the sue
cess Of the new Company, in the develop
ment of their superior Thrasher and
Cleaner, as to insure the undivided atten-
ton of the owners of the patent to the
works We hope the canvassers for stock
will meet with that success which so prom
Using an enterprise deserves, and that few,
if any, owning property, or engaged in
business in our town or section of the
county, but will subscribe for some stock,
and help put the works in operation.
The subscribers, constituting the Com
mittee appointed at public meeting Of the
town and vicinity, called to consider pro-
position made by Messrs. Casho & Co., of
Newark, Del, for the organization of a
Joint Stock Company, for the purpose of
manufacturing the celebrated Diamond
State Thrashcr and Cleaner, and other i'm
proved agricultural machines, and the pros
ecution of General Machine Business in
the town of Elkton, make this public report
to the citizens of the town, the farmers in
the vicinity, and to all persons nj all inter-
ested in the establishment of such Works
and Machine Shops, in the town, and in the
general development of its mechanical in
terests: That it is proposed to organize a
Joint Stock Company, with 4 capital of
$50, 900, in GOO shares of $50 each, payable
in installments- of $40 each, every two
months-to commence operations when the
sum of $25. shall be secured; that they
| have effected a satisfactory arrangement
with Casio 4 Co., who agree to take 100
shares, or the sum Of $4,000, to be paid in
necessary and valuable machinery, owned
| by them, the marketable value of the same
| to be determined by competent and disin-
| terested machinists, and to contract with
the proposed Co., for the right to manu-
facture said Machines, upon the payment
to them, (Casho 6 Co.. of a certain fixed
sum Tor Royalty upon each machine sold.
| The Committee believe that nothing now
| is wanted to accomplish this important
project but little enterprise upon the part
! of our citizens, with the outlay of COM
paratiyely small amount in capital stock,
| to awaken which they appeal to all prop
| crtv owners. and citizens of our town and
vicinity. to encourage this universally-con-
coded necessary enterprise, by having all
our citizens hold at least some of the stock.
The Committee will gladly furnish any
one with more particular details, as to
| buildings, lot, machinery. &c, upon appll-
cation to any of them; and for the purpose
of general information, as to the character
of the proposed Company, call a public
meeting to be held in the Court House, OF
Monday, March 18th, first day of Court,
at o'clock Pm, to canvass the subject
and secure subscriptions to the capita
stock. DIR. r. Cov1NGToN MACKALL
p. c. STRICKLAND,
CARL HOFFMAN,,
DAVID SCOTT,
GEO. f. HARLAN,
II. r. TORRENT,
Committee