The Tiffin tribune. (Tiffin, Ohio) 1868-1887, 1872-03-07

J. N. NayloT,
Scudder Chamberlain,
w. w. Armstrong,
John Neigh,
S. p. Sheath,
John b. Kauil,
John T. Huss,
A. q. Sheath,
Warren P. Noble.
The specifications OF the certificate
are
/. The amount Of Capital Stock nee
egsary to the business is 81, ,OOO,OOO
2. The Capital Stock shall be divid-
ed into shares Of 500 each.
3. The said manufacturing estab-
lishment shall be located in Tiffin.
4 It shall be known by the name
and style Of ''The Tifin Car Works -
.. Its general business shall be the
manufacture Of cars, machinery, i'm
plements, and other articles Of wood,
iron, or other metals.
Articles of Incorporation were
sent to Columbus on Saturday last to
be fled With the Secretary of State,
and, as soon as the proper forms are
complied with the books will be open
for stock subscriptions. This viii re-
quire about four weeks.
Mr.. r. w. Shawhan has announced
his intention Of taking slOO, 900 worth
Of stock. OF the other cOrpOratOrs we
cannot speak further than to say that
they have unbounded faith in the en-
terprise and viii subscribe literally.
Our citizens generally feel that such
an opportunity for securing a perma-
nent benefit does not often come
within our reach.
Our advantages for this kind Of
manufacturing are not exeeIled any
where. This city is to be an import
antraiIroad center and will have very
easy connection with all the roads Of
the country. In timber suitable for
ear-building our country abounds,
while we are the center Of the best
timbered land Of Ohio, and as good
as can be found anywhere.
At a glance the farmers Of the coun-
" can see the advantages this manu-
featuring establishment will be to
them. It viii give them a home mar
ket for their lumber at good paying
prices It viii give to Tiffin large
accession OF population at once, as not
less than one hundred hands viii have
to be employed at the opening of the
Works-and FIVE hundred hands in less
than a yesr-and a certain proportion
Of these employees will have families.
It will add to our skilled mechanics.
All this adds to the advantages of the
farming community, for the more Tiff
I'm grows in population the surer is
the home market for the produce of
the county. It will also enhance the
value of property not only in the city
but in the country. We might name
benefits indefinitely that viii result
from the building OF these Works, but
TO the thoughtful they are obvious.
As to the prOfitableness Of this class
Of manufacturing, we are told by gen.
tIemen cOnversant with the business,
that Works Of this kind, either eorpo-
rate or private, pay largely on the in
vestment-that such investments are
greatly better than money loans
at 10 per cent.
In Mansfield they have Car Works
established ond they are doing a large
business. But a short time ago that
Company contracted for one thousand,
iYe hundred cars, with the privilege
Of getting up as many more as they
could for the same parties. So it is with
shops generally. The supply, or abil-
ity to manufacture, is wholly made
quate to thesdemand. Also, the de-
mand is constantly increasing. New
railroads are being built in every di-
rection in the United States, all of
which viii have to be supplied with
cars, while the wear and tear on all
roads, constantly requiring new cars,
is immense. No danger of the sup
ply exceeding the demand for at least
one hundred years, and then we won't
care if 1t does!
tits now proposed as soon as the
papers are secured and q reasonable
amount of stock is subscribed to per-
feet the organization of the Com pany
and enter into the work at once. That
is, thirty or forty acres Of land will
be purchased at some convenient
point, for buildings; experienced men
will visit other Works in order TO Sc
iect the best and most modern style of
building, and the latest and most per-
feet machinery. In the meantime
bills of lumber, Of all kinds needed,
will be issued, that it may be sawed
and have time 20 season for use when
the other part of the work is DONE
All this is a work Of time, but it is ex.
pected that the Car Works can be
completed and running by the coming
fall.
We have been rather lengthy upon
this subject, but it is of such impor-
tsnce that a mere passing notice would
not be enough, and, besides, knowing
its feasibility, its advantages to the
interests of all, we feel cloud" upon it
1t is worthy the careful consideration
Of every citizen Of the county; and
after examining into its merits we are
satisfied that all will lend a helping
hand. Already over $500, 900 worth Of
stock has been promised and no effort
has been made
We must all take hold and make
''The Tifin Car Works" a success
Let it succeed and new impetus viii
be given our present manufacture
and others will follow.