The Mankato free press., 1913-08-01
Excellent Factory
Proposition Put Up
From Saturdays Daily.

! E. j. Phil, president and manager
of the Albert Lea Machine company,
and Superintendent Jasmin of the
same company, have spent the past
week in Mankato and with a com.
mittee from the Commercial club rave
been trying to interest some of the
business men in factory PROPOSE
| tion for Mankato.
Mr.. Phil is now operating a fac
tory in Albert Lea, employing about
fifteen skilled mechanics, in the
manufacture of what is called the
"Haase lathe miller" 1t is a milling
machine which can be attached to
a lathe and its price is so moderate
that it can be afforded by any ma
chine shop or garage. The ordinary
millers cost from $500 to $1,000 and
these cost $3.50. They are suitable
for all kinds of machine shop work.
The men employed in the factory
are men drawing from So to $3.50
a day and are a class of men who
are desirable in any CITY, They are
nearly all married and all except
one have agreed to come to Man
kato if the factory is located here
Met With Advisory Board.
Mr.. Phil met with the advisory
board of the Commercial club some
time last week and put his PROPOSE
ton to them. He now has invested
in his business $4,000, but he has
not enough capital to increase it. He
proposed to the Commercial club
that if $4,000 is raised in Mankato
the factory will be moved here. This
$4,000 has already been invested in
the business, but Mr.. Phil is in debt
that much. The money has been
spent for materials, is invested in
partly finished machines and bills
payable. He is willing that the Man
kato people shall have the controll-
ing interest. If the factory were to
to thirty-five men would be en-
ployed.
| Makes Othes Tools.
| Besides the millers which the fac
tory is now turning out, it makes
what is called the Beat -'em-all'
tool, a combination of seven tools
which are used by farmers, automo-
bilists, and other workmen. This
tool has had large sale at $1.50
each. Other novelties would also
be made here. New machinery has
been recently added to the factory
/ equipment which has increased the
output of the lathe miller to two
each day. Since last October Mr.
Phil has manufactured forty of these
machines, has sold them and re-
ceived his money, and he now has
a lot of twenty-five in the course of
construction.
Mr.. Pihl's proposition was first
considered very carefully by the
! Commercial club advisory board, and
the members OF that board believed
it to be a good one. On Monday of
this week a committee composed OF
o. w. Walker and Louis Mayer went
to Albert Lea to investigate. They
found the conditions to be as Mr..
ihA iOPi IuCiu ~ UC diIu
brought Mr.. Phil and Mr.. Jasmin
back with them. Another meeting
of the advisory board was called and
then the board met with the manu-.
featuring committee of the club. The
advisory board believed the PROPOSE
ton to be such good one that a
statement was prepared in which the
plan was endorsed without restric,
tions and committee headed by o.
w. Walker was appointed to solicit
among the business men for the sale
of stock. The other members of the
committee are L. L. Wood, Troy
Zimmerman, Louis Mayer, and
Henry Kruse.
Several Conferences Held.
The committee has been at work
all week and has had several con
ferences with the advisory board
and with some of the leading bust
ness men Of the city. Yesterday af
ternoon a meeting of the prospective