The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1914-07-24
Stories Briefly Told
From tuesdays Daily.

II
A movement to raise fund to as
sist In the purchase OF site IN
North Mankato for new factory to
be erected by the Dunn Manufacturing
company was started last evening by
the North Mankato Commercial club.
Immediately after the meeting a sub
scriptIon paper was circulated among
those who fingered in the hall.
and number OF pledges OF i've and
ten dollars each were secured.
The matter is in the hands OF a
special committee appointed for the
purpose, and consisting OF Il. r.
Jones, Louis Larson and T. e. Lind
holm, president Of the club. This COM
mittee win solicit as large fund as
possible as a bonus for the new fac
tory. The committee will also appear
before the village council at a special
meeting, which the president, w. II.
sharp, promises to call whenever It
is convenient. for the purpose OF talk
ing over the matter of exempting the
establishment from taxation and also
giving II free water for a certain
length OF time
Another Meet Next Week.
President Lindholm of the club
expects to call another meeting OF
that body for Wednesday evening of
next week. BY that time It is thought
that the soliciting committee win have
made considerable progress In cam
paigning for the bonus. It is probable
that the village council will hold its
special meeting on Tuesday evening
of next week.
A. G. Dunn, inventor OF the new
door catch, which the company In
tends to manufacture. addressed the.
meeting. Mr.. Dunn is secretary and
manager Of the company. Mr.. Dunn
said the company had for some
time been looking over the different
buildings in Mankato. but had been
unable to find anything that could be
rented which was suitable for the pur-
pose. Therefore 1t has been decided
that II would be absolutely necessary
TO build. The company had been look.
ing over several locations on both
sides Of the river. A site at least 80
by 20 feet was wanted and SO situ-
ated that two floors could be used.
There was one site that the company
had in mind on the village side or
the river. and that was property
abutting on the river and Belgrade
and Nieollet avenues, a strip almost
triangular In form. and belonging to
the Citizens National bank. There
were also other sites In the village
that would do about as well. II was
all a question Of what the people OF
North Mankato would do towards
furnishing site and how reasonably
site could be purchased.
Great Thing For North Kato.
Mr.. Lindholm said the company, as
he understood, would like to start
on the building next week. Ii would
be great thing for North Mankato
to have the new factory.
i' buhn Sldtcu tudt the print
should be large enough, not only
for the manufacture of the door
catch. but for other work and vari-
Gus odd jobs along the same line.
There would be an oxydizing plant,
and a great deal of work of that
kind could probably be secured.
M. G. Johnson said he had a lot
on Range street, which he would be
glad to sell to the company at a low
price. II he had any property that the
company should find to be suitable.
ne would be willing TO take stock in
the company in payment.
Mr.. Dunn said he did not know
that the company had any more stock
to put on the market. The company
was authorized to have capital OF
$4,000. and its stock amounted TO
$4,000. He had sold stock for three
days and then. all OF his stock that
had been for sale was sold.
Might Rebate Taxes.
w z. Stewart suggested that II
would be well to have the village
council take up the matter of exempt.
ing the company from taxation and
giving II water free OF charge for a
time. OF course the taxes would
nave to be paid by the company. but
the village council might rebate 10
the company the amount equal To
the tax each year. He did not think
much OF the. plan OF having the citl.
Gems OF North Mankato go down into
their pockets individually to gather
together a sum of money to be maid
to concern established as a private
money-making enterprise.
Mr.. Dunn said he did not like the
idea OF the last speaker that the
company was asking for a donation
Tor which nothing was to be given
In return. When. a factory building
was put up II was a benefit 10 ALI
me property. in the neighborhood
When the benefits of locating a fac.
tory In the village were taken into
consideration. It was plain how nn.
fair II was to talk about a donation
for a private fnoney-makine enter.
prise. st Peter had factory to which
It was giving the rent Of a building
$1,000 worth OF machinery ana frea