The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1906-04-19
Kansas City Motor Car Co. Ready
to Locate Big Eastern Branch
of Plant in This City
PUBLIC ASKED TO TAKE BONDS
Company Plans the Erection of {. Plant
to Cost $25o,ooO on Land of the
Solomon Sturgiss Estate
North of the City


Contracts have been signed by Otto
Muntzenberger for the erection of
large plant by the Kansas City Motor
Car company near Kenosha, and with
in few days the promoters of the
enterprise will present to the people
proposition in regard to the plan for
the establishment of the company in
Kenosha. George K. Wheeler, of
Kansas City, the general manager of
the company, was in the city on Mon
day afternoon and during his visit all
plans were completed for the erection
of the plant at this point.
According to the contract made be-
tween the Kansas City company and
the promoters the company agrees to
build large plant on the tract of
land north of the city known as the
Solomon Sturgiss land. The land is
to be presented to the company by the
promoters and the managers of the
company agree to erect three modern
brick factory buildings with floor
space of more than so, 900 square feet.
The factory is to be used for the
manufacture of auto trucks.
It is stated in the contract that the
company will employ from 200 to 500
men and that they will expend at least
$500 in the erection of the build
ings of the plant. In order to raise
the money for the immediate COM
pletion of the plant the company will
issue bonds to the amount of 500, 900,
and it is expected that these bonds
will be sold to Kenosha people
In order to place these bonds on the
market the promoters of the plan
have arranged to subdivide the prop
erty purchased into a large number
of building lots and these lots will be
sold at the rate of $3.50 each. With
each lot will be given one of the per
cent bonds of the company of a par
value of 500 and drawing interest at
the rate of 5 per cent. It is the plan
of the company to retire $4,000 in
bonds IN two years and the remainder
of the issue at the rate of $4,000 a
year. It is understood that the sub
scriptions for the lots are not to be-
come binding until such a time as the
factory has been built, and should the
plan fall through all subscriptions
will be Cancelled.
William F. Fisher, the well-known
Main street merchant, has consented
to act as a trustee for the promoter
and he will give the deeds to the
property as soop as the purchase
price has been paid.
1t is the plan of the promoters to
sell enough lots to secure the location
of the factory before May Is.
The Kansas City Motor Car COM
pany stands well in the business
world. The company has been organ
lied for several years and is making
line of auto trucks which are a nov
city on the market. The Kansas City
plant will not be abandoned, but it is
the 'plan. of the company to build
another plant in this section as base
of supply for the Eastern and Central
trade.
General Manager Wheeler while in
Kenosha Monday stated that the COM
pany desired to get its Eastern plant
built at once. He stated that if the
plan proposed by Mr.. Muntzenberger
was favorably received by the people
of Kenosha the plant would be erected
within the next three months. He
stated that the company would ulti-
mate1y employ more than a hundred
men.
In short time number of the
products of the Kansas City factory
will be sent to Kenosha in order that
the people of the city may be able to
see what is being done by the COM
pany at the Western plant.