Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-04-10
1HE RICHMOND HARDWARE CO.

corporation organized under the laws Of the
State Of Virginia. with capital Of s2so,0oo, In
tend toissue $4,000 Of PREFERRED STOCK,
which win pay pcr cent per annum, and WIN ss
nrss lien on the profits Of the busin&s as wen a.
on the entire plant. This stock can be converted
Into common stock any time inside Of ono rear
', from May 1. 1891, but not later.
It's expected that the common stock viii be
able to pay about 25 per cent. per annum.
THE RICHMOND HARDWARE COMPANY
viii move the plant Of ths Buffalo Lock-Manu-
featuring Company, and viii erect large Horxr IN
East Richmond at once This WIN give employ
ment 10 about 500 skilled mechanics. Tor whom
200 residences are now under contract OF con-
struction.
The business Of manufacturing builders hard
ware was started In Connecticut about my years
| ago and with less than one dozen hands. To-day
about ten factories are In operation, including
the Buffalo Lock- Manufacturing Company, and in
the aggregate give EN- oloyment 70 about 10000
hands. and Is constantly increasing IN tne NUM-
| Der Of hands, but not Of fsctoriee, as II takes
| many years to start the business, all the pat
terms being made by hand. IL Is, therefore, In
ono sense monopoly, and as the trade OF Ameri-
| can hardware extends TO ell parts OF the world
| II IL an absolutely safe and profitable one nor
has there been q failure In this line OF business
In the United States caused by the business "
self In the fifty years that the trade has been
Millions OF dollars have been and are being
made In the business how, and II Is impossloie
for all the factories TO Ill their orders promptly.
Our reasons for removing TO Richmond are that
IN the Item OF pig-iron alono We expect 70 save
from 800 70 $3.50 per day, which item alone
capital
can also save largely in tho items Of labcr, lum-
ber fuel ana constant work all the year round
without being prevented BY climatic changes.
Again The shipping facilities IN Richmond "a
large we can ship direct from our factories In
Richmond 10 Europe and other countries with
out changing bulk.
Again Mechanics can live cheaper and save
more money In Richmond than they can posi-
bly, do In the North, and as our mechanics VIII
own their own homes Il will enable East Rich
mond to have good class Of people, as our bust
people, and as we expect TO Increase our force to
1000 or 1900 hands In short time, most OF
| them being skilled laborers from the North, IL
| will help 70 make East Richmond a very desira-
BILE place for investment, and In our Judgment
win pay the investors very large dividend on
| the Investments. vory large sums are being
| made In inland towns, and we see no reason why
port OF entry Ike Richmond should not DO ct
The stock Of THE RICHMOND HARDWARE
| COMPANY Is issued In shares OF 300 each, and
viii be sold at par iateres. viii &c som ps;pes
4
| by the undersigned at their Offices In Richmond
any time TIL thsn, but not later, and tho stock
will be issued on and after that date. Interest
at the rate Of per cent will be paid. free OF all
| taxes, semi-annually at the office OF the COM
RICHMOND MISUNDERSTANDING
| TURING COMPANY,
No $40 east Main street.
d. II. FITZGERALD. President.
Messrs. MONTAGUE q CO., e23 Main street.
will receive subscriptions 10 the stock Of tho COM
pany.
RICHMOND OBSERVATION-DISCLOSURES Co..
RICHMOND, VA I
STATEMENT.
| Twenty-Five acres Of land In East
Richmond ........................ zo,VOO w
| Three thousand shares full-psid
stock In Perpetual Investment
Construction and Deposit COM
pany OF Richmond, at s25 per
| share. ACKNOWLEDGEMENTS. 10000 90
Cash. .......................... $4,000 90
| Buffalo misunderstanding Com
| pany plant, machinery, pat-s
sinSss. .'. e $4,000 90
xareIsts g articles, valued at. $4,000 90
s25o,ooo 90
| Capital stock:
| preferred. 10000 90
s25o,Oo0 90
| Actual liabilities about $500. ap 7-eod1m
Il -