The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1913-10-09
PLANT SOON TO Be ENLARGED
Officials of the Company Find Present
Facilities Unequal to Demand Being
Made for Product and new Stock Will.
be Used in Making Additions.

The Sticktite Fly Paper Company,
in charge of the plant on Division
street, is making plans for large en-
largement of the business and to this
end the capital stock of the company
has been increased and within short
time an addition will be built to the
plant in order to make it possible for
the company to meet the demands for
it's product. The officials of the com
pany have given out the following
statement in regard to the proposed
changes:
In order to be able to handle next
year business, it is necessary for our
local plant to enlarge the factory, in
stall additional machinery and con-
struct side track to facilitate ship
ments.
In order to accomplish the above,
the stockholders met in special session
and voted to increase the capital stock
from $100,00o.00 to $150,000o0, MAX
ing the additional $5O,0O0.O0 a six per
cent accumulative stock; preferred as
to six per cent dividends and as to
assets of the company. Subscriptions
to this issue will be taken under a
trust agreement with G. G. Brown, pres
ident First National Bank Of this city,
who will receive the cash subscriptions
and issue receipts for same under the
agreement that if the full issue should
not be subscribed within limited time
he will return the subscriptions in full
When the improvements are made at
the plant, it will give them a capacity
of $25o,000.00 business annually, which
will earn sufficient net profits to pay
six per cent on the preferred and a
tirty per cent dividend on the com
mon.
The citizens of Kenosha county are
more or less familiar with the history
of Sticktite company, but they do not
know that the company was only able
to fill aboat One-quarter of it's orders
due to getting started late and also
to its cramped manufacturing facili-
ties and do you realize that when it is
winter here, they have flies in other
countries, making this a continuous
business the year around. This fact is
proven by the orders the plant receiv-
ed late last season for two and half
carloads to Buenos Aires, South Ameri-
ca in addition to thirty-fve smaller or
ders to such countries as Japan, China,
New Zealand, Australia, South Afri-
ca, etc. Export business is very desir-
able, as it enjoys a low freight rate
to New York and is paid for before
leaving this country.
The company has been very fortu-
nate during the past season to have
had as practical and experienced a
manager as Mr.. Nash has been and the
record made by him this last year in
getting the goods on the market in the
manner in which he has done, when
you consider that the plant has been
idle practically four years, is most ex-
ceptional. Mr.. Nash reports that the
one strong point in enabling him to
make the showing which he did was
the fact that goods -four years old
would still catch flies, which proves
that the dope used in Sticktite is per-
feet, and all the trade wants to know
now is that they can depend on getting
their orders filled. Mr.. Nash is very
positive that with the proceeds of the
sale of this preferred stock about to
be offered, that he can so arrange the
building and install the necessary ma
chinery and have sufficient working
capital left to allow the plant to work
the entire year around There is no
question about telling the goods