The times. (Owosso, Mich.) 1882-1897, 1890-10-24
Shall owosso Continue 70 arow9

Shall owosso Continue TO Grow?
At the meeting of the Common Council
Monday evening. propositions were present
ed looking to the location In OwOsso of two
more manufacturing institutions saw
and planning mill and furniture factory.
Both enterprises have plenty of capital
behind them and are to be established and
managed by men who are well known rs
business hustlers. Asst Is u conceded fact
that OwOsso's future growth depends on the
extension of our present industries and the
starting OF new ones, the council will do
well to give thoughtful and careful consid-
Grafton to these propositions. The money
heretofore given by the city as bonuses for
factories has In the main been well spent,
and from each one OwOssO has gained some
advantage, has added to her population and
wealth, making us prosperous and enter
prising city. Shall we continue to grow?
Shall we help in the establishment of new
plants as in the past? The TINES says yes
to both questions and is ready and willing
to do its share. The council cannot be too
careful i'm the way II handles these PROPOSE
tons. The interests of every taxpayer
should be considered. We believe when
this is done, the council and our citizens
will be heartily In favor Of extending aid to
OhN VI potii VI tnSot ihV PhoP
ositi0ns are as follows:
Owosso, Mich, October Goth, $780,
To the Honorable Mayor and Common Council:
conference.-the have purchased some very
large tracts of timber lands, and we are now
building u railroad to same. for the purpose OF
removing this timber, which we desire to man
ufacture largely In our city, although we have
had liberal offers from other towns to locate
ono offered us ten acres of land and to build
our mill complete, which would cost upwards
Of $4,000 While it win cost us $3.50 per thous
and to deliver this stock to Owosso, our best
interests are here, and we desire to use ouI
efforts in the future, as we have in the past, to
build up our own city.
We have decided to build an extensive Plan
ing Mill, equip the same with 100 horse power
engines and good and improved machinery
flor the purpose of carrying on wholesale as
well as retail business). We will. give an
approved bond for IS, 900 that we will build q
first-cass, substantial building, to be approx
ed by your committee, provided your Honor
able Body will give us bonus of Sl,250-whicf
amount will pay for but one-half the land we
will have to purchase-and abate the city tax
for reasonable time. We think the invest
ment called for In constructing and operating
the above plant Is worth $4,000 to the city
Hoping that your Honorable Body may loOl
with favor on the above proposition, we sub
scribe ourselves,
Most respectfully yours,
ID. nj. ESTEY,
j. II. CALKINS.
Owosso, Mich, October Goth, 1890.
To the Honorable Mayor and Common Council
Gentlemen:-we have been contemplating
now for something over year, proposition
to your Honorable Body to build one of thu
most complete and modern furniture factorie
| in America, in our city, provided proper leas
can be secured, on which to build the same
on the T., A. A. & N. M. Ry. lands, south of tn
river, just across the Washington street bridg
and opposite from Dudley's cold storage build
| ing, or on the Williams property, just west o
the Stever Car Oiler Works, provided 1t coul,
be secured.
The proposed factory, IL built on the T., A. A
| & N. NJ. Railroad grounds, will have frontag
| of 240 feet on Cass street and 100 feet on Wash
| ington street, three stories and basement, wit
| engine, boiler house and dry house on the sout
side of said factory; this proposed factory Il
have u capacity of about 800 chamber suits pc
week, and to be equipped with not less than Is
| horse power engine and supplied with tn
| latest improved machinery of all kinds no,
made for doing this work: Provided you
| Honorable Body will assist MS with bonus o
5000 and agree to abate the city tax for
| reasonable time, and properly arrange tn
street and approach from Cass to Washington
| ut the south end of bridge.
| A factory such as we propose to bull
requires very large investment and long an
earnest work before it will pay the investmen
any return. Other cities are paying fror
$4,000 to $4,000 for such factory, and W
| believe IL will increase the value of real estat
in our city fully 100000.
We do not desire to spend the time to secur
a lease of said lands or detailed plan of sal
factory unless it is likely to meet with you
approval. We feel that the citizens of Owoss
will be benefited dollar every time our invest
ment will get one penny from IL, as has bee
| the case with the investment of the Este
Manfg. Co. The proposed capital is no part O
| the Estey Manfg. Co., but separate branch O
the business, and run with an Independent
capital, and should be treated as though W
came with the same proposition from som
other place. We must take very early actio
in this enterprise IL we engage In it, and shout
like your very early approval or disapproval @
IL. We think we could name at least u doze
cities that would be glad to pay us $4,000 70
for such an investment, and we have felt a
along that we were entitled to ask for ut leas
$4,000 IL we build here; but to secure you
early approval we have placed the amount S
small that we think the enterprise merits you
careful consideration, and approval Of all.
Most respectfully yours,
| ID. M. ESTEY AND FRIENDS.
| p. S.-We will give bond subject to you
approval for SIC, 900 to carry out our proPos
| ton, IL accepted. ID. M. Il.
The S. S. convention last Sunday was
i LIZ LII