The Saint Paul globe., 1905-04-22
LOWRY CONTINUES
TO RAID ST. PAUL
Arcade Investment Company
Proposes Transfer to Local
Motor Company

The steady march of st. Paul manu-
featuring and industrial interests toward
Columbia Heights, practically suburb
of Minneapolis, which is being exploited
by the Arcade Investment company, in
which Mr.. Lowry is interested, shows no
sign of abatement Despite the feeling
of resentment felt by much of the busl-
ness element of this city no general move
has been undertaken to attempt to stay
the emigration.
Substantial gratuities are offered these
enterprises if they will agree to be trans
planted to Mr.. Lowry's new manufactur-
ing center, and many local concerns nam
pered by want of funds have agreed to ac-
, cept the conditions imposed.
The latest concern to which a tentative
offer has been made to move to Columbia
Heights is the Armac Motor company. Il.
w. Keller. president of the company,
frankly admitted to T G o e that
he disliked leaving st. Paul but stated
his business was badly crippled for want
of funds and that he had been unable to
interest st, Paul capital.
Mr.. Keller Explains
The Armac Motor Co.." said Mr.. Kel-
Ter, manufactures motor cycles. We are
a young concern, but the patent motor
made by us is In large demand. During
the past few months our company has
been obliged to refuse twenty-five orders
for motor cycles which we were unable
to fill owing to inadequate facilities. When
YOU consider that each of these orders
represent $780, and that the company was
compelled to turn away $3.50 of business,
upon which there would have been a good
profit, you will realize the position we are
in.
Il have tried to interest st. Paul peo-
pie in the project, but have had no sue
cess. The company has invested in its
plant and stock over $4,000, but the ready
money was lacking for securing the nee
essary machinery for turning out motors
as fast as they could be sold. While no
proposition has been made me directly by
Mr.. Lowry, yet l have understood that
one. would be forthcoming, and if il does
the company will probably accept it,"
The manner in which the Arcade In
vestment company, in which Mr.. Lowry is
interested, attracts growing concerns
whose actual cash capital is not sufficient
TO swing the business, can be best ex-
planned by citing the case of THEM &
etc, which has announced its intention of
removing to Columbia Heights.
This company is Incorporated for $780,
600. According to the agreement with
will retain $25 600 worth of stock, the in
Vestment company will be sold $4,000
worth M for WHICH It Wi viii pay 3cs. cash,
treasury. Out of this $4,000 THEM &
Co. will be compelled to build a plant at
cost of $4,000 or $4,000 and the $4,000 or
ing the business In this manner the
company entering the new field retains
control of the company and is paid cash
for the stock taken by the investment
company, and the only condition attached
is that the money shall be used in build
ing a plant and in pushing the business.
1t is just such a proposition as this
that Mr.. Keller states his company is in
need of. He figures that if the Armac
Motor company removes to Columbia
Heights that it will average at least one
motor a day the year around, while here
the output is only about half of that.
The Armac Motor company was organ
lied for the purpose of manufacturing
motor which was patented by A. j. Nc
Cullum, vice president of the company.
1t has its plant at 116 West Third street.