Daily Kennebec journal., 1897-06-17
A SHOE FACTORY.
Firm Of. Good Standing Ne.
gotiates With Augusta.
Arrangements for the Location Of !
Fine Plant in This City.
u Only Remains Tor Augusta 10 Subscribe
No Doubt oi It's Coming.

iiuNh anu lHttStlSI-
tion he has been successful in getting
a most flattering offer from a concern,
which has an office in Boston.
The name of the firm is the Boyd Y
| Corey Boot and Shoe Manufacturing
Co. 1t is a substantial concern, hav-
| ing taken it's start, 60 years ago. For
many years it has operated one of the
best plants in Marlboro, Mass. employ
| ing at times as many as 500 hands. The
offers that have been made is one COM
plimentary to this city, and one thar
promises to result in the addition Of
a thriving industry just what is needed
to complement the ideal prosperity.
The company proposes to leave Marl-
boro, where its plant is one of the very
best. and move its machinery AMI
general running equipments to this city.
Labor conditions existing in the state
advisable. That is the only reason for
their leaving the present quarters.
This company will provide n major
ity of the stock for the new corporation
to be formed, a matter of something
like $4,000, provided that the balance
of $40, 600 to $4,000 will be Subscribed
| by Augusta interests. These amounts
are not exact, as it is not positively de-
termined What the capital stock VIII
the way, in all probability.
That Augusta will let such an oppor-
tunity pass by is most unlikely. One
citizen, it is understood, has already
pledged $4,000. The interest among
those who are in a way TO literally
subcrbe, is active in the movement. IS
the rGopc sition in no way savors ot
anything but a good business invest
merit, one that will in many ways bene-
fir ether Industries here and the trad
ers inestimably. Augusta has always
held her own in the business line, and
it has been noticeable fact that, while
toe country has suffered much from
shut downs, Augustus mills ana othef
industries have gone on continuously
n matter of congratulation for our citi-
zens. and one rejecting push ana en-
terprise that will doubtless make as
much of a success of the shoe factory
,i,n e.tIar-
The proposed location of the factory
is on the lot of land at the corner OF
| 7 aurel and Water streets, north OF the
salvation Army barracks. 1t is owned
nv the Edwards Manufacturing Co.,
| and ii is hoped and believed that TINS
comnauv will sell at reasonable fig-
ure. on the lot now stands biack
smith shop and two-story boarding
house.
. snur track on the Maine Central
Railroad runs directly to the proposed
llocation, making it one of special value
Ion that account.
| The building for the factory VIII be'
Of course, modern in all respects. II
lwiu be 15O by 40 feet, and stories h4sh'
ana will accommodate from $50 to 1o0
employees. These will be as far as caa
| ha obtained of local residents. IL Is the
nlan to have the factory home insu-
tuition, SO to speak, and the interests u
tho citizens directly and indirectly VIII
he benefited to the greatest possio'e
tant IT is hoped, on the consumma-
lion of arrangements,to nave the puiio-
mo ready for occupancy inside Oh ~
d.vs The Boyd, Corey Co. wants 'he
building made at the latest IN ''hie u
commence on the fall work.
The company asks no bonus no sli'9
~. kind-nothing more than that
usually granted to corporations III i'Ne
conditions. exemption from taxation
r,or 4h,, selection of committee 10
-. mis- matter of exemption TO the
citv government, meeting wiz
o,,,a fer Friday evening, in the alder
roam to which all interested az"
invited to be present. The nature o'
t,,s will be informal, and various mat
corning the new factory VIII be
talked ever.
While yet there has been no deiih''S
.ens taken toward the SUBSCRIPTION u
,,o r,oney-there has been no sifne'7-a
NJ uichborn only returned from Dos
.on wednesday morning, the location
Of the factory is assured az '"e - -
of Augustus representative nc
been expressed long ago. iA'o' az. ~
the acceptance OF far pfoios.,'o.'-
from a reliable concern wh'oi W.
corro,ate itself with local CAPITA, ~
, t9sution of good company he' 'e
s,,oa factory of good stahulis W.,
.toaaant - a. prosperity has proved ~
attehaan. a.. ha a great boon to cities
many s;1e Of course, ard at TINS