The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-06-08
INCREASE OF
CAPITAL STOCK
Van Zandt implement Co to
Enlarge.
WILL ALSO CHANGE NAME
Eastern Manufacturers are
Interested in Deal.
WILL ALSO CHANGE NAME

The Van Zafdt Implement company will
ircrease its capital stock three-fold or
more. and VIII go into the implement job
blng business on a larger scale than be-
fore. and VIII also change their name TO
tho Peruvian Zandt Implement company.
The details Of the deal have not been
arranged as yet and the exact amount
OF capital stock has not been determined
Oh. The increase Of the capital stock was
made to allow the firm a chance to better
handle their business, give them larger
working capital, and place them on the
same basis with the wholesale implement
houses of Kansas city and elsewhere.
They viii permanently control the imple-
ment business Of TWO OF the largest man
ufacturers of Illinois. and companies with
millions Of dollars capital. The manage
nent Of the local houses win still be un
der the control Of the present officers,
a VIII the entire business Of the concern.
The Van Zandt Implement company
came here number OF years ago. and
have but lately gore into the iobbing
trade extensively, and they are cut after
mere business. They have in the last few
months erected warehouse that has not
an equal in this state and very few su-
periors. They viii increase their trav-
cling statesmen and seek to 90 a great
deal Of the business of southern Kansas
and Oklahoma that rightfully belongs to
Wichita. but at present goes to other
towns. The railroads have recently
granted very favorable rates to imple-
ment jobbels and this means the intre-
6uction OF more wholesale implement
houses IN Wichita.
The hrm yesterday issued the follow
Ing statement of the change, and notices
viii be sent out TO their customers in a
few days:
Owing TO the very large Increase in
their jobbing trade. the Van Zandt Imple- |
ment company have been compelled to |
erect large and commodious buildings |
both at Wichita and Hutchinson to en- |
able them TO give quick and proper ser |
vice TO the trade of southern Kansas and |
Oklahoma. The increased business de- |
handed more capital-thus the Van Zandt |
company have increased their capital |
stock. The additional stock has been /
taken by the Peru Plow and Wheel COM
pany OF Peru. Illinois, and the Joliet /
Manufacturing company, of Joliet. III.
The Peru Plow and Wheel company is
Dne OF the Oldest and largest pillow fac
tories in the United States They make d
fun line Of plows, cultivators, listers, har-
rows. planters, etc, on which the Van
zandt Implement company have been |
putting up a. very fine business all
through southern Kansa and Oklahoma.
"The Joliet Manufacturing company
make a line Of power corn shelters which
the Van Zandt company have sold largely
for several years. These goods, with their
Port Huron threshers. La
Belle and New LaBele wagons Banner
0uggies. Granger-lfayden buggies, etc,
give them "a complete and permanent line
D. goods with ample room and capita!
to handle all the trade that may come
their way. The new company viii add
additional travelling force. and propose
Ia secure for Wichita her portion of the
Implement jobbing business Of southern
kansas ana Oklahoma
..The officers and management of the
lew concern viii remain as heretofore.
The Van Zandt Implement company early
the advantage of Wichita as !
If implement iobhing point, and was first
e enter the wholesale implement bust
less in this city. With the new freight
-ates which Wichita has just secured. {
he PERUVIAN Zandt company expect 10 q
,ring a large volume Of business TO this
.itN "