The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1910-09-01
BUSINESS CHANGE
New Deal in Ownership of Sted-
man Elevator Company
HALF INTEREST SOLD
A. t. Erwin Takes Over the Sted-
man Holdings and Company
Takes His Name

A. E. Erwin has bought the Sted-
man interest in the Stedman Eleva.
Tor Company, and today, the first of
september. the concern begins to be
| known by its new name. the Erwin
| Elevator Company.
Mr.. Erwin has been manager of
the company for the past 80 wears.
during part of which time he has
owned an interest in it. Now he
has hall interest and the business
| hears his name. In addition to the
elevator in Sank Centre there is a
| string of seven elevators owned by
the company, the others being locat.
ed at West Union, Browerville, Long
| Prairie, Round Prairie, Little Sank,
Grey Eagle and Burtrum.
The Erwin Elevator Company sue
ceeds to a business that originated
| in Sank Centre nearly forty years
ago. To be accurate, 81 years ago
Nelson Hoople built an elevator here,
the same in which the present COM
pany does business today. In addi-
| ton, Mr.. Hoople built flour mill
that stood where the feed mill now
operated by the Erwin Elevator Com
pany, now stands. Mr.. Hoople con-
| Quoted this business about thirteen
years and then sold to N. Stedman
| of Warsaw, n. Y. Mr.. Stedman sold
a half interest to O.. Marshall and
his son c. d. Marshall. The firm
took the name of Stedman, Marshall
& Go.
| This firm conducted the business
about two, years and then the Mar
shalls sold their interest to w. D.
| Townsend. The name at that time
was changed to the Stedman Eleva-
tor Company.
About 16 years ago. A. e. Erwin,
who had been connected with the
firm as it's manager for some years,
bought a quarter interest in the
business and continued as manager.
At the time of Mr. Erwin's purchase
the members of the firm were N. r.
Stedman, F. B. Rowe, w d. Town
send and A. E. Erwin. Two years
later Alex. Jameson bought the
| Townsend interest, and the next
year j. l.. WhitsOn followed suit by
purchasing the Rowe holdings
Mr. Stedman died about seven
years ago and his widow, up to the
time of her death last March, re-
tanned his interest. During the pres
ent summer Mr.. Erwin bought the
Stedman interest. This gave him a
half interest in the business, Messrs.
Jameson and Whitson holding a
| quarter interest each When the
| deal for the transfer of the Stedman
holdings to Mr.. Erwin was completed
| it was agreed to change the name of
the company to that of the Erwin
Elevator Company, and this change,
as noted above, takes effect today.
The Stedman company, from time
to time, built the seven elevators at
the other points mentioned above.
These are part of the property and
are owned by the Erwin Elevator
Company
Mr. Erwin came to Sank Centre
about 80 years ago. He hailed from
near Randolph and knew enough
about the grain business to be in
/ stalled as manager of the local COM
pany shortly after arriving here
That the confidence of the then own
ers of the business was not mis-
/ placed is witnessed by the fact that
| during the years that have since
elapsed the business has been con-
Quoted in a safe, sane, satisfactory
and successful manner
| Mr. Erwin knows the grain and
elevator business from the ground
| up, is a thoroughly competent bust
| ness man of strick integrity and
honored and respected by his many
friends and acquaintances His part
ners in the business, Messrs. jamie
son and Whitson, possess the same
sterling business and personal quail
tiles, and it is safe to say that the
firm will continue to do successful
business in Sank Centre and the
seven other towns where they own
and operate elevators.