Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1910-03-26
C!IlZENS TO PLAN FOR
NUNBtR IF INDUSTRIES
A company will Be ORGAN
izCd Here.
Mass Meeting 10 Be
Held Next Thursday
Night.

ment Company is now under full sway
and with every prospect of it's being
pushed to complete and brilliant
success.
At a meeting held at the office Of
w, T. Lane Esq, of those Who have
taken an interest in the initial move
ment, it was decided to appoint a com
nit ee to call upon a number Of lead
ing business men and solicit their
support for the proposed company
and their active participation as the
Leading incorporators of the compa-
ny
This will be done at once. Attor-
ney Lane will also draft a petition fol
Incorporation. AS soon as the prelim-
inaries are attended to, call for a
general public meeting will be issued,
probably at the city hall on next
Thursday night, when a complete ex-
position Of the project will be laid be-
fore citizens for discussion and amend
ment, committees appointed to solicit
stock, and all of the other necessary
preliminary details attended to.
The plan is a very simple one. The
of the company, as it's name
indicates, is to assist in the etablish-
ment in Americus of promising small
Industries. To that end stock com
pany, with capital stock of 1000
in shares of the par value of $40
each, with the privilege of increasing
at any time up to $4,000, will be in
corporated. Citizens will be requested
to subscribe for whatever number of
shares of stock they feel that they can
afford to carry, payable in such
installments as may best sui
their financial condition. For every
$40 paid in a certificate of stock
Will be ssued II is believed that any
where from 100 to 200 stockholders
can be secured, as the low price of the
stock and the terms on which it can
be paid for will place it within the
reach of every citizen Particularly
is it desired to enlist the enthusiastic
support and hearty cooperation of the
men in the city.
The management Of the funds of tae
development company will be placed
in the hands of a Board of Trustees
from among the stockholders. This
board will be made up of business
men Of the highest standing and most
ideas.
The funds are to be devoted to the
and assistance, as stat
ed, of small and promising manufac-
turing industries in Americus. For
if a reliable and experienced
man desires to establish a factory
here for the manufacture of wooden
ware, requiring the investment of $5,-
GEO, the board of trustees of the de
velopment company would have au-
thority to invest say $500 to $2,5OO
in it. taking stock to that extent. This
stock would be held as an asset of
the development company. Whatever
were derived from this
stock would go into the treasury Of
the development company stock, or for
future use in assisting some other In
dustry.
Through this medium it is believed
that several new industries can be
brought to Americus within year
if the movement receives the popular
support that it is entitled to, and
addition be made to the
pay rolls of the city. Such small in
dustries employ skilled mechanics
good wages, men who are
home makers and good citizens. An
industry employing ten men would
turn loose probably 5000 to $3.50 a
month in wages.
This is regarded as the only prac-
ticable way to build UP the city in
a manufacturing way The burden
will fall lightly upon all, every citi-
zen can take a share or a few shares
of stock, payable in monthly install
ments that are within his financial
ability. and with it's affairs handled
by sagacious business men, in whom
the public has confidence, sucR a de-
yeIopment company should be the me-
dunn fer interesting small manufac-
turers in Americus and locating de-
sirable industries here.
The hearty cooperation of the Board
of Trade necessarily should be had
with the development company. The
two should work hand in hand. The
of the Board of Trade should
be on the alert to get in touch with
or capable men desir-
Gus OF starting industries in a small
way and possessing a little capltal,
to acauaint them with the conditions
here and the existence of the devel-
opment company, and bring the two
together for conference.
If some such plan as this is work
ed out there appears to be no reason
why several small industries should not
be successfully established within the
next twelve months. Under this plan
# is not necessary to await the col
lection Of some great sum of money.
AS soon as matter of $4,000 or $3,-
600 is in the treasury, say in sixty
to ninety days, the trustees can begin
To look about for a small industry as
a starter. And every two or three
months, with a reasonable placing OF
stock there will be money available
for the same purpose.
The proposition is the best that mas
ever been placed before the citizens
Of Americus, the one that offers the