Semi-weekly independent. (Plymouth, Marshall County, Ind.) 1895-1897, 1896-03-28
ABOUT THE FACTORY.
A LARGE NUMBER OF CITIZENS
TURN OUT.
The Matter regarding the Boot and Shoe
Factory Thoroughly Discussed Last
Evening Solicitors Appointed.

As announced by circulars and other
wise, meeting was held at the city hall
Tuesday night by the Business Mems
Association to consider the offer made
by the Grant Il Goodrich Co., through
their attorney, Geo. Pheger, of Chicago.
After the meeting was called to or
der by President Dickinson, Judge
Capron. in a very few moments, ex
planned what the proposition was and
the ability and standing Of the men
who had made the offer. To fully lay
the proposition before our citizens, We
reproduce the proposition.
To the Business Mems Association Of
Plymouth, Ind
GENTLEMEN:
We tender you the following propo
sitiOn, to-wit:
We propose TO organize a corpora
ton for the manufacturing of boots
and shoes in your city, with a capital
stock of S5o, 900 fully paid up. We will
take $4,000 of said stock, the people
of your city to take the remaining
$4,000. AS an evidence of our good
faith, we offer To purchase and place IN
your city, free from all eDcumbrance,
full and complete equipment OF ma
chinery, lasts, dies and patterns, to-
gether with shafting, hangers, pulleys
and betting, with capacity To manufac-
ture one thousand pairs of shoes per
day and TO employ 300 people when
plant shall be thoroughly organized,
and to start with we will employ not
less than 100 people When such equip
ment shall be so delivered in your city
and the proposed corporation duly Or
gained, directors and officers elected,
we desire your people 10 place to the
credit of the corporation, in cash, good
collateral or bankable paper acceptable
to us, the sum of $4,000, TO be drawn
against as per provisions of such con
tract as may hereafter be agreed upon
between us.
Or, if your people prefer. we will
Jointly with yourselves Subscribe for
stock as before stated and, upon the
company's organization, We propose
that we and yourselves pay in cash %
per cent. of our respective subScrlp-
tions at once for the immediate pur
chase of the equipment specified AMI
arrange for payment of balance of sub
scriptiOns to be paid for us and your
selves in equal assessments as required
for use.
We also agree to let your people
name three of five directors, we 10
name the other two; but we would re-
quire provision giving 10 us the man
agement of the business end OF the
company's affairs.
This proposition is limited to next
Friday at p m. Yours Very Truly,
GRANT n GOoDRICH Co.
Per GEO. PFLEGER, Attorney.
This building, SO the association in
forms us, Will be about POO feet long by
80 feet wide, and three stories high.
Addresses were made by Hon. III. q.
Thayer, c. I. Mattingly. VIM. O'keefe,
Theo. Cressner. Mayor Swindell, Hon.
c. \. Reeves, Prof. r. y. Chase, VIM.
Kendall, Judge Corbin, NJ. Altman,
Jas. Brink. DIR. Burkett and others.
Every address was along the same line
regarding the securing of this factory.
The only hltching point to be found
was the way to raise the SO, 600 with
which to secure this industry. The
fact is that this was the exact reason
why the meeting was called by the
officers of this association, and the re
suit Of the meeting, outside of stirring
up little enthusiasm, really left our
association in about the same position
it was prior to the meeting.
The board was finally instructed 10
see what could be done toward raising
the entire stock of $4,000 as popular
subscription which if raised will
establish the factory inside of the cor
porated limits of the city.
The following members were selected
as soliciting committee. VIM. NJ.
Kendall, JAS. Maxey, Jas. Brink, NJ.
Altman, VIM. O'keefe, and W. III. Boil
man.