The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-02-16

of Kansas City, Mo; Mr.. w. J. Ray
mond. Cherryvale, Kansas. who for the
past eight years has been Kansas sales
man for the Mid Continent Mills Of To
peka, and Edwin a. Austin of the law
firm Of Austin & Hungate.
It has been known that Mr.. Taylor
has been working on a new organization
since the Taylor Grain company prop
erty has been in litigation and when
seen by State Journal reporter he
made the following statement.
Yes. it is the intention of the United
Milling and Grain company to take over
the property of the Taylor Grain com
pany. 1t is the best milling property
in the west and no one knCWs it better
than I do. I am not in position yet to
say how soon 1t viii be turned over to
the new corporation but within the very
near future.
Il have been working a long time on
this new organization and made up my
mind that I would not ask for a charter
until I had secured the men that I
wanted. have been assured of $500 600
capital if I had the right kind of a
board of directors and every director on
our Charter has pledged himself to give
the new corporation their best efforts
in helping to manage the affairs.
aside from the directors there will
be an executive board consisting of five
of the directors. Mr.. H. Parker will
be chairman of this board. It viii con-
sist of Mr.. H. Parker, J. B. NJ. Wilcox,
W. J. Raymond, Edwin A Austin, at
torney, and myself.
TT is the intention of the new com
pany to do a general grain business as
well as to operate the milling plant
Mr.. J. B. NJ. Wilcox will be elected
secretary and treasurer and will have
the active management of the money
matters and of the sale Of the manu-
featured product Mr.. Wilcox comes
I from q Z oh 10r- 717i1Iz Of ST .a7Tic q
has for the past eight years been at
1.-the head of their dom este flour trade.
He is also practical miller, having at
one time been foreman with the Re2
mills of Kansas City. Kan, which Is
/ the largest mill in the west.
''Mr. W. J. Raymond of Cherryvale
/ will have charge of the Kansas and
/ Missouri local business. He was for
! the past eight or nine years salesman
! for the Midcontinent mills Of Topeka,
and Will be a very valua bic man to the
| new corporation.
ssThe preferred stock of the new
/ company is to be guaranteed and is
| redeemable at par in 35 years The
/ largest stock so far is held by Mr.
James Brunton of New York city and
/ Mr. W. H. Foxau of Cleveland, Ohio
Each of these gentlemen have $4,000
1 in stock. Each of the other incorpora-
/ tors have $4,000 in stock. making
! total amount paid in of STA 1000
1.-THE new corporation expects tc
make some extensive improvements II
/ the plant and will probably carry oui
the plans of the Taylor Grain company
4 in increasing the capacity of the mil
and building a new -four warehouse.
1.-The same superintendent and 9th el
] employees now with the property viii
/ be retained with the new company
They will also continue to manufacture
/ the well known brands of -four thai
/ the Taylor Grain company established
/ For the present the new corporation
will have their Offices in the Stormoni
building, wnere they will conduct heil
business and complete their organiza-
ton"
Mr.. Taylor says that everything viii
be in readiness by the time the new
crop of wheat is ready so they car
operate the mill and elevator to theil
fullest capacity.
The persons interested in the new
corporation will be in Topeka in tht
very near future and at that time they
will decide just how soon they expect
to take over the property of the Tay.
! Tor Grain company.