The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-08-23
BONITA CLASS COMPANY
Something About The Progress Of That Enter
prise
fine SHOWING IT HAS made
Through the Medium of the Bonita
Machine People Will Yet Be Enabled
to Live in Glass Houses-Twenty
Thousand Dollars Is All That Is
Needed to Complete the Work.
Election of Board of Directors.


Bonita Glass company, which is build.
ing..a plant near Moosic, in talking with
a TRIBUNE representative yesterday
about the company's plans and pros
poets, said: II have lived in Scranton
long enough to see jsalousies grow up
between it and adjacent cities, and all
for the simple reason that the people
Of Scranton have depended almost en-
tirely upon their own industry and
capital to give growth and strength 10
almost all enterprises started in our
midst. We are just emerging from
the greatest business depression ever
witnessed here and, through it all, l
am proud to say, no city In the whole
country has withstood the effect Of th is
business cyclone with less suffering
than have we.
"The greatest struggle Is over and
today we find our population with the
balance sheet showing on the right
side. We have accustomed ourselves
in the past year by talking and acting
to meet the worst that might come and
to such an extent has it grown upon us
that it is difficult to realize that dark
ness has gone, that the sun Of prosper
ity has risen and that the time has
come to wake up from this lethargy.
ON A SOLID BASIS
II am a stakeholder in one of our
new enterprises which has moved
quietly through this depression, max
ing slight advance from day to day, go.
ing no faster than our treasury sales
would permit, keeping the company
practically out of debt, so that every
stockholder owned his own stock, free
from bond or mortgage debt. Our
property today is worth 500, 900, to say
nothing of our patents; and we do not
owe $500 and we have about $500 600 of
treasury stock with which to complete
our work. / assert tnat no new enter.
prise in this country can make better
showing. ! have held my interest
from the start, and have kept close
watch of the development, and think
as business man | can show to our
stockholders and the moneyed men of
Scranton that the stock Of our COM
pany must in the near future be one OF
the best paying Investments in our
city.
II have been on intimate terms with
the directors and the manager Of this
company and feel confident that all
the information l have obtained, and
shall hereafter relate, can be relied
upon thoroughly.
LIVING IN GLASS HOUSES.
1.-THE original plan Of this company
was to manufacture plate glass, but the
inventor discovered before the machine
was complete, that new industry was
possible with this machine, and one
which might be turned to produce fab
ulous profits to the stockholders, and
at the same time enable all. the rich
and the poor, TO decorate their homes
in much more artistic style thar
could be done with lumber, and at {
much reduced cost Living in gias!
houses may yet be just what we all
desire to attain.
Now my proposition is: Our ma
chine and the necessary equipments
which we have, together with the ma
terisl on hand, and twelve acres of
valuable land situated between ant
connecting with three railroads, with
sand delivered in the yard at seventy
five cents per gross ton, with hundreds
of thousands of tons of coal culm on ol
adjacent TO our land, and every re
qulrement for cheap manufacture
every facility for reaching market will
cheap rates, out of debt, and produc
which within two years will be th'
first sort finishing material for oul
homes and public buildings. Shall W.
let the manager Of our company 90 to
New York and sell our treasury stool
to complete our building and furnaces
and by SO doing necessarily part will
a portion of our directorshlp2 Th
profits from this work will be enor
nous, and why not keep them il
| Scranton2
II should say to any man with
money to invest, 60 to the Office Of the
company and get posted. Twent,
thousand dollars will complete th
work, l will take 81, 600 more of tn
stock if the balance can be raised il
Scranton, and l know it can, On Sept
10 comes the election Of directors. Lee
us hold all here"