Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-07-08
new MANUFACTURING COMPANY
A New Business Deal That Means
Much For Canton.

DuU lInpOTUduU lUtlu WlUll TcleIellCc W
the organization of the Canton Plow
& Implement Co., with the intima-
tion that this paper would say more
about this enterprise in subsequent
issues. After a town is fully up to
the business requirements of it's sur
rounding country and satisfactorily
equipped to supply the needs of an
agricultural community, the only
hope for future growth and advance
ment lies in the direction of manu-
featuring.
Canton is and has been constantly
progressive and has kept pace with
the demands made upon its business
resources by the country surrounding
it. 1t is conceded by all to be one OF
the finest towns in the state, and
claimed by a great many well in
formed people to be the best one Of its
size in the state, which claim we be-
lieve to be true. We know that no
city in the Northwest, of anywhere
near it's size, has the business rating
that Canton has. 1t has for years
been understood by travelling sales
men for all lines, that when they Sc
cured an order for goods from Canton
merchants that they we're sure of
their commission on account of the
certainty of the accounts quickly
passing the Investigations of their
different houses credit men. After a
city has good water, a healthful loca-
tion and good public schools, it can
have no more forceful recommends
tion than commercial credit of this
class.
In thinking over the many years
that this paper has been identified
with Canton's business success, it
cannot now be called to mind when
single business venture of any import
ance, ever entered into within it, has
proved failure wholly from the lack
of proper business environment. In
fact, Canton has never suffered from
the overriding of anything COM
mercial, but it has grown into it's
present solid existence by gradual
steps and the exercise of sound busi-
ness judgment on the part of its mer-
chants and investors. In the organi-
zation of the Canton Plow g. Imple.
ment Manufacturing Company by its
incorporators, Messrs. Bergstrom,
Hotter, Gubbrud, Roche and Inge-
bretson, they have done two very i'm
portant things:
Primarily, they have grasped the
opportunity that every one has felt
for several years lay within the reach
of any enterprising persons who would
take hold Of 1T, that of establishing
business that was certain of success
the manufacturing and marketing of
the plow invented recently by M. o.
Bergstrom and heretofore placed on
the market in small quantities by
him-the taking advantage of which
business opportunity at this time is
certain to lead to great profits to
these gentlemen and those who, will
by purchase OF their stock hereafter
be associated with them, and, incl
IDENTIFY, they have started in Canton
institution that will
grow into,> not only a credit to the
city, but one of its greatest resources
and commercial benefits.
Mr.. Bergstrom has heretofore placed
a plow upon the market, the advant-
ages of which were quickly noted and
appreciated by the capitalists of Sioux
Falls, who organized the Sioux Falls
Plow Co. for its production and sale,
which institution is one of the most
solid and best paying manufacturing
enterprises in the state. The Berg
strom plow that the Canton company
is making, is conceded by experts to
be far and away the best plow obtain
able. 1t is the result of years of
study and experience on Mr.. Berg
strom's part and in the small way he
has heretofore been manufacturing
them, he has not been able to come
any where near supplying the demand
in his narrow and restricted field. 1t
is not over enthusiasm to predict that
the Canton Plow & Implement Man
ufacturing Company will be, not only
paying institution for its stock
holders, but that it will in a remark
ably short space Of time, be furnish
ing employment at good wages to
half a hundred skilled mechanics.
The company is capitalized at $780,
600 divided into Thousand shares OF
s1OO each, and enough of its capital
stock will be put on the market i'm
mediately to start the production and
marketing of their output. 1t doesn t
need to wait until it has sold enough
of it's stock to build and equip fac
tory, before it can put it's product on
the market, but 1t starts with q
splendid equipment installed and
ready to run, by which can be pro-
duced, at once, sufficient plows TO
bring fair return in dividends upon
it's stock, it having. before Offering a
dollars worth of its stock to the pub
lie, first class factory and equip
ment worth upwards of $4,000. The
years of study and hard work that NJ.
o. Bergstrom has put in this COM
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