Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1913-11-12
FOUNDRY PROJECT
IS APPROVED.
Commercial Club Pledges Free
Site For Factory otEcon-
omy Boiler Co. "

The Willmar Commercial Club last
night endorsed the plan under which
it is proposed to locate the foundry
and factory of the Economy Boiler
Company at Willmar, and pledged the
donation of two acres of ground near
the railroad track as site for the
same.
The committee composed of Messrs.
Russell Spicer, P. c. Peterson and
Ben Benson submitted an unqualified
approval Of the concern and the pro-
duct it manufactures. Their investi-
cation of the financial and business
abilities of the promoters and hackers
of the company was a searching and
rigid one, they say, and they found
all conditions to be as presented by
Mr.. Laramie last week.
The company is capitalized at $780,
900. F. G. Walling, the president, is
successful building contractor, who
has been working on perfecting
heating boiler for the past eight
years. The manufacture of these boil
ers was begun three years ago and
number Of them have been in practi-
cal operation for two winters. They
have given the best of satisfaction
and have proven their utility by the
large saving effected in fuel, so that
now the company cannot supply the
demand with their present facilities.
Mr.. Walling says that they would not
think of erecting a foundry at the
Twin Cities owing to labor conditions
and have been looking about for a
smaller city in which to locate their
factory. The shipping advantage Of
the large cities are more than Offset
by the difference in labor conditions
in favor of the smaller town. Some
stock is to be offered at Willmar, but
to eliminate any chance for loss Mr..
Walling has placed valuable equities
in Minneapolis real estate in trust
with contract to buy back in 1916
the stock issued at par from anyone
who wishes to dispose of it. The value
of these properties was Investigated
BY the committee and found :satisfac-
| tory. Mr.. Walling will have charge
| of the selling end of the business and
the factory will be in charge of Mr.:
J. w. Rosche, at present with the
Flour City Ornamental Works, who is
a thorough mechanic and practical
founder. It is proposed to build a
foundry building about 75x100 feet SO
designed that it may be added to as
needed. The latest foundry machin.
cry is to be installed and a force OF
- to Is men will be needed for each
shift at the outset, with the prospect
for rapid increase if the business
develops as the men who are stalking
their all on the proposition have faith
that it will. A local board of direc
tors is to have control of the financia
direction of the business for three
years. It is likely that site in the
west end of town will be selected.
| The proposition is an unusual one
but it has found favor with all ou1
local business men who have investi
gated the matter. They believe thai
this foundry, if it's location at Will
mar becomes assured, will give Will
mar growing industry that will Civ,
, employment to many men.
, .Messrs. F. J. Walling, J. W. Rosch,
and H. w. Laramie were in the cit,
yesterday and after the report of tn
Investigating committee had been act
ed upon, were called in and made ad
; dresses before the meeting II Of tn
!. Commercial Club.