Arizona republican., 1905-04-09

in thirty-one states and territories.
 In the course of his business in this
 territory he formed acquaintances far
 and wide so that when the time came
 for the projection of the enterprise
 which is now developing he had been
 able to bring together the men who could make it a success. All of them
 were experienced and successful in the various branches which have been in- corporated into the wide extended plans of the Arizona Hardware and Vehicle company.
 The officers of this company are Yer
 non l.. Clark who had been long and proftably engaged in the vehicle .busi- ness in Phoenix; K. L. Hart who for years conducted at Tucson one of the most extensive sporting goods houses in the southwest and R. B. Hegardt for a long time at the head of one of the departments of the old Dominion at Globe. The first is the president, the second the secretary and the latter the treasurer of the corporation.
 It was necessary that the business with it's wide aims should have plenty of capital and these gentlemen had it. The Arizona Hardware and Vehicle company was capitalized at $200, 900 This capital stock is not merely capital stock; it is capital cash-not a drop Of water nor a gust of wind.
 It was designed that $30,OO0 of the capital should be used for the stocking of the Mesa branch; $40,000 for the Tempe store and $125,OO0 for the main store in this city. When the Standard Iron works was reorganized into the Arizona Iron works it was capitalized at S5O,OO0 on the same substantial basis.
 Before the Tempe business had been established long the firm bought the odd Fellows building there. Arrange ments have been made for the estab- lishment of the corporation in it's own commodious property in Mesa. Its quarters in Phoenix are regarded as only temporary so that within a very short time, it may be presumed, it will be located in its own property here. In fact, the company is already doing a good deal of building. It is adding to its warehouse capacity by the build ing of another warehouse west of the santa Fe freight depot. It will have an area of 120 by 100 feet and will be absolutely fire proof. The company will be so sure of that quality of it that it will carry no insurance on its contents. |
 The salesroom of the company is inadequate making it neces- 1 sary recently to secure the room lately | occupied by w. E. Rhodes as a garage ] and bicycle shop. The business of the ! will be conducted in the pres ant quarters in the O'Neill building ] until permanent arrangements can be | made but that will be done soon.
 A stock of this kind requires enorm | Dus floor space. It is much more than | a hardware business. Beside the i'm | nense stock of shelf and heavy hard ware, there are sporting goods, guns, bicycles blacksmith supplies, paints, | oils, glass, etc. and pretty nearly | everything made of metal. There Is also a large stock of harness and sad fiery. In addition to all this varied | stock the firm is the selling agent for wagons, buggies, pumps, mowers and ieparatOrs and nearly everything em- Dloyed in work on a farm.
 As has been mentioned, the Arizona ron works is a separate corporation hough the members of the one com
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