The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1890-08-20
Operating l25 Employees

At meeting of the Board of Improvements
| held at the Mayors Office, Friday evening. Mr..
Whelan, attorney for the - Straw Fiber Board
Works Co :" presented the written contract and
proposition of that company to the people of
Ravenna which. without going into the "where-
as - and other legal formalities, was substan-
TALLY this: That in consideration of $40. 600 to
| be contributed by the people of Ravenna. the
said company, to be incorporated as the " Ra-
VIENNA Fiber Co.." will agree to purchase 1875 or
more acres of land adjoining the south part of
the village of Ravenna, and to erect thereon
| "Straw Fiber Board Works. of Is tons capac-
ity per day, at a cost of not less than SS5, 600
The building to be 300 feet long and of proper
proportion, as per plans and specifications sub
mitted. with all machinery. SC. Said company
also agrees to erect, or cause to be erected.
box factory at an additional expense of $50 900,
this to be in complete running order by anuary,
1888 Said company also agrees to erect, or
cause to be erected. foundry and machine
| shop at an additional expense of S25 600, same
to be complete and running in 1894, to be oper-
ated at least two years consecutively after COM
pletion. 1t is further stipulated that the said
company shall operate said " Straw Fiber Board
Works - in the manufacture of straw board for
period of not less than three consecutive years
after completion of said plant. and to operate
NOT leSS Ludn 1zO enplOyCS III Salu
plants. collectively. 1t is proposed to complete
the straw board works, proper. by May 1st, 1884,
at which time the contract becomes operative.
All that the company now asks of Rayenn is.
| that the " bonus 4" be guaranteed by a sufficient
number of good citizens, and the work will be
gin at once. 1t is also to be agreed by the city
that they shall grade and sufficiently gravel
Lake street.
| This is the grandest opportunity that has ever
been afforded to Ravenna to establish first
class industry, after strong competition. too.
having been obliged to demonstrate our super
| iority as desir able business point. to Warren.
| Kent and other anxious municipalities. Every
business man and property owner in Ravenna
will undoubtedly sign. the guarantee bond at
the first invitation, and thus show that =" their
tails go with their hides - in any venture prom
ising certain prosperity to Ravenna.
| The Fiber Co have already purchased part Of
the proposed real estate, and will Immediately
buy the balance. as many options expire soon.
part as early as the gath inst. The company
will plat portion of their ground and erect
several dwellings, and place other portions at
the disposal of employees and others. just think
for moment at the add dition TO the tax dupli-
cate of Ravenna corporation that this company
will assume. and the additional taxable prep
erty that this establishment will be sure to
bring. Why. the straw board people" will
have paid back their entire bonus, in taxes
alone, in II years. Keep the ball rolling, gen.
tlemen Of the Board of Improvements, the peo-
pie are with you and will aid you in standing
by our Mayor in his lively efforts to place the
| advantages Ravenna possesses before an appre-
| ciative public
The PRESS presents its complim ents to Mayor
James W. Holcomb, and congratulates this cor
poration in having a chief executive whose
energy in behalf of public improvements has
never been equaled, and to whose individual
labor is largely due the establishment of the
| Ravenna Fiber Co.