Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1889-06-07
"A FIXED FACT s!
THE SHOE FACTORY REACHES A
SUBSCRIPTION OF $4,000.
A MEETING TO BE HELD TONIGHT TO
ORGANIZE THE COMPANY.

A MEETING TO BE HELD TONIGHT TO
ORGANIZE THE COMPANY.
A large meeting assembled in Wilkes
Hall Tuesday night to put the finishing
stroke to the work of the shoe factory sub
scription. 1t was evident from the begin
ing that those present were determined on
it and would not adjourn till it was DONE
After Mr.. I. Witt had resumed the chair,
Mr.. J. Howard Wayt the Secretary, III ans
wer to an inquiry, reported that the sub
scriptions had reached 81 ,275. 10 that
was to be added the result of
GENEROUS PIECE OF WORK
by Augusta Engine Company. That com
pany, which is about to disband, is entitled
to fund which will vary between $3.50 and
s4OO. A proposition of MI. Alex. Teabo in
the meeting of the company Monday night,
that this sum be invested in Shoe Factory
stock and that the stock be distributed
among the various churches of the city to be
used for the benefit Of the poor, was adopt
ed. The announcement was made by MI.
J. C. Scheffer to the Shoe Factory meeting
and was hailed with round of loud ap-
plause.
Mr.. Witt reminded those present that
this left about $500 to be raised, and II
anything was to be done, it must be done
tonight.
Mr.. j. Howard Wayt reported that the
town had been thoroughly canvassed land II
II 10 Il,o
pected they must be made here tonight. To
show the general character of the interest
in behalf of the enterprise, which pervaded
the community, MI. Wayt read the follow
ing note which he had received:
TUESDAY, June 4th.
Mr.. Wayt:
understand the shares in the Shoe
Factory are S25 each and that you are one of
those designated to receive the names of persons
wishing to invest | feel interest in its sue
cess and have decided to Ike four shares; so you
will please put down my name for that amount.
Very Respectfully, &C..
LOUISA DUPUY.
This evidence of a lady's interest in the
work the meeting had SO much at heart,
was received with applause.
Mr.. A. G. BraXton asked if the so per
cent. would be asked for by July. He had
once doubled his subscription and would
double it tonight making it 5000 (applause.)
AS for the subscription needed it must
be raised-it would be a pitiful sight
to see a city of Staunton's size unable to
raise $4,000. AS for himself he believed
we would get our money back not only in
the increased prosperity of the town, but in
dividends.
Nh. Witt said the reason for calling for
the first assessment in July, was that it was
thought the machinery would have to be
paid for in cash, and the idea was to have
the factory turning out goods in time for
the fall trade.
MI. T. Fl. Sickles, who is to be the
manager Of the factory, said he thought
August would do for the first assessment.
The machinery could be purchased on time.
MI. J. r. Taylor said he would double
his subscription making it 5000 (applause.)
Mr.. B. Frank Eakle-I doubled mine at
the last meeting, and I'll double it again
making it $500 (applause), and put down
the firm of Eakle, Splitter & Co. for $500
more (great applause.)
Mr.. Edward Echols-I raise my subscrip-
ton from 5000 to $500 (applause.)
MI. Wayt read letter from MI. II. D.
Peck to MI. G. G. .Gooch, making a sub
scription of 800, and saying that if after
looking into the enterprise he thought well
Of it, he would increase his subscription.
(Applause.)
MI. W. H. Weller-Put me down for an
other 500.
Mr.. Wayt-Put me down for another
800.
Mr.. G.. G.. Gooch-I'm down for $500
now; put me down for another 500.
Tom Burke Of Ours-I'l take another
$100.
Then Messrs. M. A. Booker, Chas. W.
Warden, A. G. Gordon and T. G. Elder
subscribed $25 each additional, and A. G.
Braxton another $50.
Mr.. Frank 7. Ware.-Put me down for
800. (Applause.)
Then came j. M. Lickliter $25, S. T.
Thornburg $50, M. F. Peter fish 1926, and as
1t had gotten up to
$23,35O.
everybody knew that the thing had to go
through.
Col. Skinner made stirring little speech
and closed by raising his subscription from
$3.50 to $500, which brought round OF ap-
plause.
Then there was another pouring INV.
H. Weller, Dennis Brown, B. F. Eakle
subscribed again, and I. Witt took $50
more; Martin Bergin, j. J. Kilgalen and
Jack Carroll took $25 each in it.
MI. j. w. Teabo-Putme down for 5000.
(applause).
Then came G.. G.. Gooch for $50 more
Mrs. S. E. Taylor 1875, J. w. Fauver & Co.
$50 more.
ONLY $3.50 TO RAISE.
Edward Echols-Put Gen. John Echols
down for $3.50, Cloud applause).
MI. Witz.-I will guarantee the remain
ing $500, (great applause).
There was a general jollifcation that the
Factory was assured.
MEETING FOR ORGANIZATION TONIGHT.
Meohlo. q. IL. w dyG, y. ". OCneIIer anQ
b. f. Eakle were appointed a committee to
notify the shareholders to meet tonight
(Friday) at Wilkes Hall, to pay up the
$3.50 per share and elect officers.
Messrs. Gordon, Braxton and Echols
were appointed committee to prepare al
application for charter, and to report to-
night.
THE BUILDING FOR THE FACTORY
The Shoe Factory Company will either
rent OF build. They invite propositions fol
the rent OF sale of a suitable building, OF a
suitable building lot. Parties whohaveprop.
erty to rent, Oh land to sell, are invited to
send their prOpoSitiOns to MI. i Howard