Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-15
NEW COMPANY THAT HAS TAKEN
OVER F,NkLE PLANT FORE
SEES BIG SUCCESS.
MANY LOCAL BUSINESS
MEN ARE TAKING STOCK
capitalization Of $4,000, Divided
Equally Among Preferred and Com
mon-To Offer Public Chance to Buy
Some Of lt-Make Marshaltown
Brick and Tile Center.

F.! A brick and tile plant in MARSHALL
town, in proportion to the value OF
the clay deposits, is now assured. 1T
| has been recognized for years by men
who know clay, that underlying Mar
! shalltown is one of the finest claws
| in the state of Iowa, or any other state
| for that matter. Brick has been made
| in a small way for years by several
different concerns, but they have lacked
the capital necessary to purchase mod
ern machinery which would enable
| them to make even brick enough to go
| into the buildings which are being
| constructed in Marshalltown.
! The Finkle Brick Company sold its
plant to the Farmers and Merchants
Co operative Brick and Tile Company.
with a capital stock of 100000. The
stock is divided into 100 dollar shares.
$3.50, 900 preferred. with guaranteed
per cent dividend, and s15o.0OO COM
mon stock. While a good deal of this
stock will be owned by the organizers,
there is going to he offered to the pub
lie a chance to purchase some of 1t.
The present plant is situated on ten
acres OF ground which. if the plant IS
operated in large way. has sufficient
clay to last for fifty to seventy-f1ve
years. From this clay can be made the
finest dry press brick, which is only
made In very few plants In the mid
die west. AT Mason City. where per-
haps the largest clay industries IN
Iowa are situated. they can make notn-
| ing in the brick line but the common
brick, which can not be used for out
side walls and fronts OF the best class
+, of buildings. The local company will
make drain tile up to twelve inches.
will make large quantities Of hollow
| building blocks, also hollow blocks tor
silos and corn cribs. They will. OF
course, make the common brick as
we'll.
To manufacture these products 1t is
going to take much additional machin-
cry. They will operate twelve months
in the year. and will offer employment
to large force Of men. The men who
are organizing this company COM
prise A. G. Brenneck and II. G.
Hamilton. Of Mason City: Ed Schilling.
of State Center: I. s. Finkle. of Mar
shalltown. and others of this city.
Mr.. Brenneck and Mr.. Hamilton.
whose homes have been at Mason City.
where they have had an opportunity
10 see what has been done in the brick
end tile business. are convinced that
Marshalltown is an ideal location for a
large plant. Mr.. Hamilton went or
iginally to Belle PLANE and was as
ISOLATED with the organizers Of $780,
| 900 company, and a large percentage
Of this stock has been sold. great deal
Of 1t to farmers. The Belle PLANE
plant is in operation and doing a very
successful business. A committee ap-
pointed by Mr.. W. W. Doolittle, presi-
dent of the Commercial Club. visited
the plant at Belle PLANE and havd
seen what Mr.. Hamilton has been able
to do there. and they induced him to
come here to take charge OF and Or
ganize this company. Mr.. Hamilton
has an interest in the company. The
plant built at Belle PLANE Is modern
and up to- date. The plant here will be
rebuilt very much after the same lines
as that one. Local business and pro-
fessional men who are interested IN
the local plant are very enthusiastic
ever the outlook, and predict that now
started In the business of making brick
and tile Marshalltown. in a short time
will be the principal brick and tile
center Of Iowa. The railroads. radiat-
ing in every direction, will offer I'M
usual shipping facilities. After lying
Idle for centuries the raw material
which nature afforded, is to be put &c
use.
The new company has opened IFS
general offices in the Masonic temple
The board of directors are I. s. Finkle
H. G. Hamilton, L. c. Abbott, A. G.
Brenneck and E. II. Schilling.