The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1900-12-25
And the Work of Arranging Nee.
essary Details Is Going :,
Forward.
WILL MAKE BIG MACHINERY
May Be Erected Ncdr the Other New Mil
That VIII Soon Be Constructed
Other Cities After the Con-
cern, Bnt Canton Is
Favored. ~

The formation of gigantic INDUSTRIAL
corporation Is at issue between local
and foreign capitalists. They are direct
Ing their efforts toward the construction
of an immense rolling machine works.
In connection with sheet steel and roll
mill which was organized short time
ago and which has secured a location on
the Wise farm, just southwest of this
city.
When the sheet steel and roll mill
company was looking for location, the
towns in this part of the state made
every effort to secure 1t. The local board
of trade was quite equal to the
emergency and within a comparatively
short time they secured location. AT
first the company was desirous of To-
eating in the east end of the city, almost
adjoining the shops of the Berger COM
pany, where space of ground in the
shape of triangle Is located. This
proposition, however, did not meet with
success, and the board of trade finally
secured an option on the Wise farm.
Later on the farm was purchased by W.
J. Steele for $4,000. The farm is large
in acreage and there is more. than suffi-
cient land to operate the shops. 1t was
decided to sell portion of the land in
lots. The matter of disposing of some
of the land In this manner was reported
to local real estate men.
Capitalists interested in the first nam
ed mill have now decided that there IL
sufficient land there to construct a
large works. without in any manner
interfering with the operation Of the
mill. The matter has been under con-
sideratiOn for some time. and now IT
has been decidede to form a company
and build an immense mill for the
manufacture of rolling mill machinery.
The capital invested in the sheet steel
mill reaches nearly 100000, but 1t is said
the new mill will cost probably more
than that, and employ as many, or per-
haps more than 300 hands.
Alliance and other cities have made
very fiattering offers to the organizers
of the new mills, but the local board of
trade are almost positive in their opin-
ions that the company will locate here.
That portion of the Wise farm which
is not required for mill purposes, will
be divided into lots, and these lots
will be sold. Just what distribution of
the proceeds of the sale will be made,
is not stated by members of the board
OI tTdut, Dut IL IL CouJectuTeu liidt tiic
money will he acquired by the company
constructing the new works.
A News-Democrat reporter called up
on Recorder Charles A. Dougherty, one
of the prominent members of the board
of trade, Friday morning, and he veri-
fled the story concerning the new works
and said that this city would probably
be selected as the home of the industry.
He said 1t was one of the most import
ant moves that has ever been made
by local capitalists or the board ot
trade. and that the details have not full
1y developed. He gave assurance, how
ever. that the company has been In cor
respondence with the boards of trade In
eother cities, in an effort to secure O
location, and he Is confident that the
eompay would select Canton. The board
members are now making every effort
to dispose of some of the lots, to create
fund for the location of the new in
,dustry.
1t is said that Mr.. w. ]. Steele will
donate the land for the site of the new
works. If the company will locate here
Other parties who were called upon
stated that they were informed thu
the organizers of the new works hat
received excellent offers to locate out
side of the city. Developments are ex
.pected in a few days which will prob
ably result in the location of the com
pany here and on the Wise farm, ad
and roll mill.