Smyrna times., 1904-10-26
ENCOURAGING OUTLOOK FOR
OLD SMYRNA BASKET MILL
CHARLES E. NAPP, PURCHASER, SOLICITING
STOCK WITH ENCOURAGING RESULTS.

Hopes to Have Enough Stock Sold and Com.
pany Organized so as to Start Plant By
the First of January or February.
Mr.. Charles E. Napp of Trenton,
N. j, who last week purchased the
old Tschudy & Cats basket mill, came
to Smyrna Monday and is now actively
engaged in getting the concern prop
erly financed with the view of making
1t one of the hest local industries
Smyrna has had In many years. AS
stated last week he purchased the old
plant for about $4,000, and he is now
getting the Smyrna people interested
and hopes to have the new concern
thoroughly organized as quickly as
possible. The name selected is the
Smyrna Il Kent County Manufactur-
ing Company, and it will be capitalized
for $25, 900 and incorporated under the
laws of the State of Delaware. The
Company. will put up at least $4,000
and they expect to sell $4,000 worth of
shares at $40 per share to our mer-
chants and other business men in Or
der to get capital enough to start the
plant The balance of the shares will
be taken pro rata by the Company and
put on the market for investors. Mr..
Charles E. Napp will be president of
the Company, and the superintendent
and secretary and treasurer will he
home people. The latter offices have
not been filled, but by another week
we will be able to announce the two
local men who will be associated with
Mr.. Napp. The Company proposes to
run planning mill, a sash and door
factory, and will manufacture baskets.
crates and all kinds of fruit carriers.
butter plates, etc. 1t is proposed to
run the year round and to give en-
plOyment to at least a hundred men.
The old machinery will be overhauled
and new machinery added, and if
properly encouraged Mr.. Napp hopes
to have the plant started by the first
of the year.
The need of such an industry in
Smyrna is self evident. Mr.. Napp
takes the risk, makes fair proposition
to our citizens and should receive
hearty and liberal support. So far
Mr.. Napp feels much encouraged. for
in less time than half a day he had
over thousand shares of stock sub
scribed. There are many yet to be
seen and it is hoped that he will be
able to dispose of the shares of stock
necessary to start the plant The value
OF an industry to this town and county
is worth timely consideration. It en-
ploys labor, brings families to town.
helps the merchants and all channels
OF trade, helps the farmers and fruit
growers, builds the town, increases
the value of property, helps our schools
and churches. gives to our town a bus
mess thrift and activity that enables
us to have good name abroad and at
ON NNASA Ah0uohA los u6E6s MT. NaDD
is full of business and hustle and is
capable of taking care of the outside
work. The inside work win be looked
after by two of our own home men
who will understand the business. The
opportunity is ripe to make this a big
industry for Smyrna and Kent county
and all that is needed is for our good
citizens and capitalists to encourage
the movement not only by purchasing
the shares of stock, but by talking it
up and saying good word in favor of
the movement. The lack of interest
and enthusiasm caused Smyrna to
suffer the loss of the big Geo. W. &
S. Taylor factory, caused the Pretty
man Shirt Factory to leave Smyrna.
and it has kept industries from settl-
ing here that might have located with
us If sufficiently induced. We need home |
industries and here is another oppor-
tunity for our people. Let's give it
hearty encouragement and support.