The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1910-09-28
WILL ARDMORE
HAVE FACTOR|ES2
MEETING AT THE CITY HALL
LAST NIGHT TO CONSIDER
PROPOSITION WELL ATTENDED

AS announced in yesterday pa
per. there was "A very urgent call
made to the leading citizens to meet
at the city hall to consider a prop
osition looking TO the location OF
Two factories for Ardmore. In re-
sponse to the invitation there was
a bunch out with some of the old
time ginger with them.
There was proposition submitted
by the factory people that had
good sound and seemed to us to be
one of the most feasible and pro
ductiye of good results for our city.
The proposition is about as fol
lows
Mossrs Butler, representing a de
yeloping company, and Mr.. Cornell
son, representing the factory people,
~ ere present, and Mr.. Butler by vlr-
tue of his connection with the fac
tory people, was able to come to
Ardmore with his proposition. lie
had secured the necessary option Oh
lands adjoining the city limits, and
was thereby able to offer a means
for the citizens to accomplish the
location of these factories by the
purchase Of good desirable industrial
lots adjacent to the factory sites in
stead Of the old way of hard cash
bonus.
The bonus required was $4,000,
which would secure two plants, one
a knitting mill and the other a
metal stamping mill. The knitting
mill to I've a building 50X1S0 feet,
one and two stories high, built OF
brick or concrete, equipped through
ont with new machinery, with capac-
itv sufficient to turn out $500, 900
pairs of hose per annum; it would
employ when well in operation
about 100 employees and carry a
| payroll of approximately $1,000 per
month. This plant would be complete
in every way to finish its goods
ready for the market In addition
to the bonus they would require a
site of several acres
The metal stamping mill is for
/ the manufacture of metal shingles
and similar products. The main
building would be oox250 feet, one
story high, built Of brick or con
crete, and fully equipped with new
machinery, and when running full
time would employ from 10 to 50
men and have a payroll of approx
imately $1,000 per month. The ca
pacity Of the mill to be 100000
feet per annum, and in addition to
the bonus would require a site OF
several acres.
The cost of the knitting mill
would be about $4,000, and the
cost Of the metal mill would be
about 100000. Boo. mills are amply
well financed and able and Willing
to exchange bonds to guaranteed
their contracts.
To raise the bonus of 5000,
that is necessary to get these mills
Messrs. Butler Brothers propose t.
turn over to the Industrial Associa
ton or the Commercial Club, 80
lots for them to sell at 500 pc
lot also to give the mills the site
they require The lands where
is proposed to plant these mill
and plat these lots lays along tn
Santa Fe railway Immediately mort
of town, and extending over tn
Frensley tract.
1t is going to be necessary
} house the employed of the mill
r and houses will be in great deman
on any of these lots and for thos
who want to build, their rents ar
A practically guaranteed, for it is ce
tain that II the factories spend 5000
r OO0 on the grounds against the bonu
il they get, that is all the guarante
J. asked that they will maintain the
e plants and operate them, as the
J. are willing to put up a bond tht
0 they will do.
k 1t is further proposed by ButlC
! Brothers that If the citizens wi
: get out and sell these $50 lots {
800 per lot, they will even allo
: them installment privileges of
g per cent down with sale, and pa
n ments OF per cent per month Ii
+ the entire amounts are paid, an
n further, that they may place the
p money in the hands Of n trustee
h hold till the mills blow the whi
: ties for operation, before they as
I for a cent. In other words, the
hand YOU the mills completed befol
4 you are out one penny to them, an
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