The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1906-01-10
-.opoNNELL & CO., uNc.>,
The Perp,anency OF the Biggest Es-
tabiishment OF the City Provided
for-Employes Become Stock
bCI6erS

adjustment OF the City Provided
for-Employes Become Stock
holders.
The business of ODonnell & Co.,
50 long conducted by Mr.. NeilI
ODonnell as sole owner, a been in
c~orporated unde a charter granted by
the secretary of State, and VIII be
known as o,Donnell & Co., Gncorpo-
rated.) The total capital stock OF tbs
company is $4,000, divided into $50
shares Of d par value of s10o each
The stock of the company wa ali sub
scribed for by Mr.. o,Donnell and the
employees who have been longest III
the service OF the firm.
The company was organized by the
election of Neil O,Donnell, D. w. Cut
tho and S. R. Chandler as directors.
The officers are:
President-Neill ODcnnell.
Vice Presidents. +. Chandler.
Secretary and Treasured. W.
Cuttino.
The business will be conducted at
the same place and there Will DE no
change in the methods or policy that
have resulted in building it up from
a small beginning to the largest retail
mercantile establishment in eastern
South Carolina, Il not in the entire
State.
The firm of O'Donnell & Co., was
established January l, 1888 and it has
been managed by Mr.. O'Donnell o n
tinuously from its inception to this
time.
Mr. Cuttino, who is secretary ano
treasurer Of the corporation, has been
connected with the business since 1887
at which time he entered Mr.. O'Don-
nelrs employ in the capacity of book
keeper. This position he held for
many years, ~discharging his duties
with entire satisfaction to his en-
ployer. A few years ago he was pre-
noted and become assistant to M
o'Donnell, with general supervision of
the establishment.
Mr.. S. R. Chandler, the vice presi--
dent, also entered Mr.. O'Donnelrs en-
! ploy in 1887 and for years has had
charge Of the clothing department.
In talking Of the Incorporation OF
his business Mr.. O'Donnell stated that
he had two reasons for making the
change.
First he desired to protect his err
Fployes and customers in case Of his
death or accident that would incapaci-
tate him for the active management CO
the business. By incorporating tie
business he insures permaneney
and guarantees employment 10 the
men who have assisted him in making
it a success.
The second reason was to give tn
employees who had been with hi2a
longest an opportunity to acquire az
interest in the business and thereby
reap a share Of the rewards of their
years of faithful and intelligent Effort
and loyalty.
Mr.. O'Donnell stated further that l.
was very much gratifed by the r.
Spouse to MS invitation to his err
ployes to take stock in the conapany.
The stock was al taken by them ard
Mr.. O.Donnel and no outside stock
holders were solicited, and it goes with
out saying that the business under Mr..
O'Donnell's management and with the
cooperation of the members Of the
company will continue to grow and
prosper IN the. future as it has in the
past.
It is a matter of congratulation to
Sumter thar the pernaanency of the
O'Donnel business is assured. Fer
some years it has been the largest es-
adjustment Of the city, with a trade
extending over several counties, and
each year it has done an Important
and valuable work in extending Sum
ter's business and adding to her COM
raercial prestige.
DISPENSARE PROFITS.