Mexico weekly ledger., 1895-12-26
WOODEN MILL FOR MEXICO.
Do You Want It?-If So, Buy a Lot
and Help 1t Along-Read the
Articles of Agreement.

AhS PFopositlOn 10 secure for Mex
leo a WOODEN mill should receive the
closest attention of all our business
men. Some of Mexico's substantial
citizens met at the City Hall not long
since and made arrangements with
Mr.. Tinker, who represents capitalists,
to erect at once in Mexico a wooden
mill, providing our people will assist
them in building and moving their
machinery. No town ecures factories
OF any kind without making conces-
sions. The agreement, as published
below, has been carefully examined
and approved by some of Mexico's
most enterprisipg citizens. The con-
tract should be closely read, and if our
people will do their duty Mexico will
have what it has long needed, that is,
a manufacturing establishment, which,
will employ skilled labor.
ARTICLES OF AGREEMENT.
This contract made and entered in
to by and between A. L. Bigsby and
}. r. Tinker, of Bowling Green, Mis-
souri,, and their associates to be
known and hereafter designated as
the Wooden Mill Company as parties
OF the first part, and the several sub
scribers for lots under this contract
who enter into this contract by and
In the name of Caleb Berry as their
agent and as trustee hereinafter
named, IS parties of the second part:
Witnesseth: Whereas, said parties
OF the first part are DESTROYS o. locat-
ing in some suitable place for the pur-
pose of establishing a complete wooden
mill factory that will give employment
to about forty persons, with an aver
age pay roll of about two hundred
dollars per week. And, whereas, said
second parties are DESTROYS of having
the aforesaid factory located in or
adjacent to the city of Mexico, Mo-,
and as an inducement to secure said
factory, we, the parties of the second
part, hereby agree to purchase the
number of lots set opposite our re-
spective names at the price of $3.50
per lot. Said lots shall be sixty feet
wide and one hundred and twenty
feet long, which lots are to be plated
by the aforesaid wooden mill company
as an addition to Mexico, Mo-, and in
plating said lots said company shall
allow sixty feet streets and twelve
feet alleys; said addition to be laid
out and plated on a certain tract of
land known as the N. F. Kilgore tract.
And the proposed factory to be locat-
ed on a portion of said land. And we,
the said second parties, agree to pay
for said lots in the following manner
and upon the following terms, viz:
One-half cash, balance at the rate of
ten dollars per month until paid.
We agree to pay Caleb Berry,
trustee, the one-half cash payment
upon being notified by said trustee in
writing five days before said payment
is required to be made, these notices
to be given by Caleb Berry, trustee,
and at a time after said first parties
have filed their bond with said Caleb
Berry, trustee, in the sum of ten
thousand dollars, to be approved by
said Berry. Said notices to be given
as soon rs practical after said sub
scription list is closed and bond fled
and approved by said trustee as to its
worth. This bond is to idemnify said
second parties Is to the wooden mill
company's good faith in locating and
establishing this factory Is aforesaid
in or adjoining to Mexico, Mo-, and
in erecting good and substantial build
ings of sufficient space and capacity
to give employment to not less than
sixty hands, and equip the same with
modern machinery used in manufac-
turing wooden goods, and cause at
least forty persons to be employed
within one year after said buildings
are completed, and said forty persons
to be employed for a period of not
less than four months during each
year for five years, and if said factory
ceases to operate under the terms of
the contract for a period of eighteen
consecutive months during the period
of five years, to date from the pay
ment of the first instailments, then all
of said buildings, with the grounds
they occupy, are to become the prop
erty of said second parties.
1t is understood and agreed between
parties of the first and second parts
that as soon as this contract has been
signed by the parties hereto, said
parties are to open their subscription
list or lists for the $50 lots as afore-
said and said first parties shall close
the list as soon al the $50 lots have
been subscribed for as aforesaid and
said first parties are to keep said lots
open for subscription to said lots for
at least thirty days unless the said $50
lots shall be subscribed for in a less
time.
In consideration of the foregoing
inducements offered and money to be
expended by said second parties, said
first party agree to put in a WOODEN
mill factory as aforesaid with a ca
pacity of producing $4,000 yards of
cloth or its equivalent in other man
ufactured goods, and to be fully
equipped with modern machinery of
an actual cash value of 's25, 0o0. Said
first parties agree to put in a factory
that can do the same class of work
as the Jacksonville iii. Wooden Mills.