The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1903-06-05
TO- GRAP0.
Paw Paw Product to be Produced I'm "A
Paw Paw Factory-An Opportunity for
safe Investment.

EDITOR OF The TRUE NoRTHERNER.
DEAR SIR
Permit me space in your valued paper
for a few words regarding the Malto-
Grape Co., Ltd, recently organized.
Knowing full well how the people of Paw
Paw had been worked and filled with
hot air regarding grape Juice factories
the past year, we thought best in start
ing the Malto-Grapo company to pursue
a far different course. Consequently we
came to your town quietly, without the
sound of trumpets, secured fine loca-
ton and are going ahead with factory
that will be credit to your hustling lit.
tie city. This plant when finished will
be the most complete fruit Juice factory
in the United States. Mr.. Wildey, our
treasurer, will be pleased to show you
plans of the factory at any time.
We have not asked for a bonus, pledges
for stock or contracts for grapes at a lew
price, knowing full we'll that when the
citizens of Paw Paw saw that we meant
business they would not want it said
that the greatest industry in their town
was owned entirely by outside capital.
This is our position and we trust that it
meets your approval. If it does and you
prefer business to wind now is the time
to show that preference, and everyone
that can spare a dollar should make
subscription for stock. 1t is not only
first class investment, but it is a great
help to the city by making an outlet for
grapes that will act as a governor on the
market. Should there come a time of
hot, rainy weather when the grapes
crack and cannot be shipped factory
of this kind will prove great benefit
At such times we naturally would favor
stockholders first, as by the Michigan
law un der which we are organized every
stakeholder, no matter how small, is a
partner in the business.
Give us the same support you intend
ed giving foreign company and we will
show you a winner. This is all we ask
Is it too much to expect of you as loyal
citizens?
The stock known as ground floor stock
has been placed on the market at 30
cents per share, par value one dollar.
No stock has been sold to anyone for less
money. This is made payable % per
cent with application and the balance
as asked for by the board of managers.
The whole amount is to be paid not later
than September /. At recent meeting
of the board it was voted to advance the
price of stock July l and the secretary
was instructed to accept no application
after June 80 at 80 cents per share.
This gives everyone a chance to buy
stock at the lowest price. The stock
will be advanced to par as soon as our
crop is in the cellar Growers may make
subscription payable in grapes at the
market price per tonnage if they prefer.
We expect to put up 100000 gallons
of Malto-Grapo this fall, but we are
building large enough to put up three
times that amount in one season. We
expect to use the pomace In a way that
will bring US more than the first cost of
the grapes, and it will not be used for
wine. AS to experience, Mr. Morrill, ard
myself have had the practical experience
of one year at Lawton. Mistakes were
made as would be expected in any new
business, but no one knows where better
than we. OF this experience "A Malto-
Grape stakeholder will receive the bene-
fit, Prof. Delos Fall, one of the best
chemists in the country and well known
as superintendent of public instruction
will be the chemist for this company
and will have an eye to the compound
ing. Not satisfied with this and to make
I things doubly sure for the stockholders
we have gone outside and secured the
services of gentleman for superintend
ent who is at present superintendent oil