The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1911-11-10


+ worth; II. c. Howard, Edger- +
+ ton, A. L. Cutting, Byron, and +
+ F. n. kron, New Ulm. The +
following were elected Off +
+ GERS: J. w. Benson of Ben +
+ son Cabot company, Heron =
+ Lake, president; W.. o.. Dus- +
+ tin of Elmore, vice presi- T.
+ dent; George Randall of the +
+ firm of Thomas Randall & +
+ Son, Amboy, secretary and +
+ treasurer. +
+ + + + + + + + + + + + + + +
With the selection of directors and
officers named above, retail gro
GERS of Southern Minnesota organ
lied yesterday afternoon the Mime
sofa Wholesale Grocers' company.
The capital stock was fixed at $780,
900. Of this amount $4,000 has
already been subscribed, most of it
at this meeting. Each merchant is
limited to one share of $500 each,
and those who have subscribed paid
SIS down, the balance subject to
the call OF the treasurer.
Will Be Incorporated.
This company will be incorporated
under the laws Of Minnesota, and
will be called. the Minnesota
Wholesale Grocers' company. Active
business will begin about the first of
1912 when all stock is to be paid
in. Already. seventy-five merchants
in Southern Minnesota have prom
ised to subscribe to the stock and
more are expected to join before ac
tive business begins.
A resolution was passed that the
company is to engage the best man
that it is possible to procure for
manager, a man who is thoroughly
experienced in the wholesale gro
Gerry business and one who is in
every way qualified to take charge
of a grocery house of this size.
Steps will be taken to procure man
for manager in the near future.
Another resolution :. was passed
that if the proper encouragement
was received from the merchants
of this city headquarters will be
located here. In case the merchants
did not give their proper support
to the movement, the concern will
have it's headquarters in the twin
cities, probably at Minnesota Trans
| fer.
Hotel Given Thanks.
| A vote of thanks was taken to the
management of the Hotel Heinrich
for the courtesy shown the grocers
in their meeting. The meeting was
considerea' by those lin attendance
as a most successful one from every
point of view. This is the second
meeting, the first one being held
at the Saulpaugh hotel on Septem-
| Der Is, at secret session. At. the
meeting today the entire southern
part of the state was represented.
Those who are behind the move
ment are mostly country merchants.
1t is said that two of the members
are millionaires, while others also
hold large tracts of land. There is
plenty of money backing the inter.
ests, and if present plans are car
ried out the new concern will no
doubt make a success.
One Local Merchant Interested.
So far only one local merchant
has interested himself in the move.
. ment and little has been done by 9th.
ers to encourage the new corpora
ton. Those present at the meeting
yesterday stated to a Free Press
man that the reception accorded sc
far has been very chilly, probably be-
| cause the local business men
thought it was farce and that
nothing would come of it. They are
DESTROYS of seeing what action the
Commercial club will take towards
securing a site or building for the
company and making some induce
ments to have the headquarters 10
Gated here. No definite date has
been set for the next meeting, this
being left to the discretion, of the
board of directors, but it is probable
that another will be held within
thirty days.
From Fridays Daily.
1t is not every day that police
officer picks up an heir However