The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1911-06-08
1900 SHARES OF STOC KTAKEN
Industrial Association Puts Seal of
Approval on Plant and it is Expected
to Have Great Growth in Few
Months.

sha manifested itself for the second
time within a week on Friday evening
when more than hundred and fifty
Of tho leading men of the city met at
the Elks club to discuss the question
of the sale of stock of the United
Refrigerator and Ice Machine Making
company and before the meeting had
adjourned the men present had sub
scribed for $4,000 worth of the stock
of the company and the movement
started was given such an impetus that
it looks certain that at least $4,000
Of the new issue Of the stock of the
company will be sold within a few
weeks. The sale of the stock insures
the development of this new industry
of the city and the men who have
looked into the proposition believe that
it will in few years take its place
along side of the other great industrial
plants in the city as the largest or one
of the largest in it's line AS a result
Of the conference between the people
and the officials of the refrigerator
company the people of the city got a
better understanding of just what the
company has done, is doing and is plan
ming for the future.
The meeting was the most enthusiast
tic and most helpful meeting of the
kind ever held in Kenosha. Dan O.
Head, president of the industrial as
ISOLATION, presided and there were short
talks by w. I. Marlatt, Mayor M. j.
Seholey, Charles G. Brown, n. j.
Werner and John M. Kehlor.
Peter B. Nelson, the president of the
company, spoke at length in regard to
the plans of the company. He declared
that the company promised to be the
first company in it's line of business
and that the combination of products
that it was producing made it bust
ness particularly alluring. He spoke
of the development of the business
since the company located in Kenosha
and showed that the business in 1910
had increased to double what it was
in the previous year and that the bust
ness this year had been double what it
was in 1910. Mr.. Nelson declared that
the company had plenty of mon y to
operate the plant on the present scale,
but that the development of the bust
ness demanded capital and that if the
company was to expand and take the
business that it had in sight along the
different lines it would be necessary
to get more capital. He stated that
plans and specifications had been made
for large additions to the factory and
that the company could utilize 100000
at this time in charging the plant.
He declared that every cent Of money
secured from the sale of the stock
would be used In extending the bust
ness. He declared that the company
was seeking to offer the people bust
ness proposition and was seeking moth
ing for the aid of the plant without
offering the people an excellent invest
ment for every cent put in. It was
shown that the company had many of
fers to go to other cities, but that
off oia oil Of ba 60I Ia
cided to remain in Kenosha regardless
of these offers. 1t was shown that
the company was. largely increasing its
force of workmen and Mr.. Nelson stat
ed that the company had already
brought more than 140 families to Ke-
nosha.
The sale of the stock was placed in
charge of Alderman N. J. Werner and
it moved rapidly. Among the number
Of purchasers Of hundred shares
were Simon Krebs, The Kenosha Real
ty company, n. j. Werner, Kent Motor
Car company and a number Of local
concerns took $500 in stock. Roy Hale
of the Hale Grocery company, was one
of the boosters of the sale and Mr..
Hale took so shares of stock during
the evening. The sale of stock was
entirely satisfactory and it is certain
that the proposition of the company
has been laid before the business men
of the city in such a way that much
of the stock will be disposed Of in the
next few days.