The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-08-01
WHY, they ask, is A HOLDING
COMPANY?
HOW, WHERE AND WHEN
WILL TT BENEFIT ME?


A holding company is a corporation composed of
p number of individuals who wish to pool their re-
with view to taking stock in various enter
prises from which they hope to profit in way or
another The individual holdings Of few thousand
few hundred dollars, scattered i'll many hands
are of comparatively little value from investment
standpoint. Collectively, in the hands of board of
trustees which has had experience in the investment
hne these small holdings grown to fund of $780,
100000 or more constitute power which demands
recognition In other words many things be done
with capital of 100000 which cannot be accom-
plished with few hundred dollars, no matter how
wisely invested.
The Copper Country Holding company, proposed
by the Copper Country Commercial club, is TO be
financed by local people for the purpose of building up
local industries. Every penny paid into the treasury
of the holding company will be invested in legitimate
manufacturing enterprises. None of it will be given
away squandered recklessly Not a cent will be in
vested in any until it has been subjected to
the most rigid investigation. From investment
standpoint the stock OF the holding company will ap-
peal to the careful investor just safer prop
ostion than the average mining railroad shares.
So much for the narrow view of the project.
There is broader view
There is the certainty that every dollar invested
pose OF bringing industries into your community
furnishing employment for greater number of your
fellow towns people, giving chance to your boys and
girls; adding to the semi-monthy wage distribution in
your town. peopling your vacant houses; placing
money in circulation increasing the value of real
tate; dividing the burden of taxation among greater
number; finding tenants for your empty business
houses.
MAN OR BOY OR GIRL OUT OF WORK is
A BURDEN TO HIMSELF OR HERSELF AND TO
THE COMMUNITY. THE SAME MAN OR BOY OR
GIRL PROFITABLY EMPLOYED rs A PUBLIC
ASSET
factory employing 100 men means support for
SOC people in your town. It means 600 people to be
housed fed and clothed; 600 people for whom amuse-
ments are to be provided 600 people for whom trans
portation facilities to be supplied
THE COPPER COUNTRY COMMERCIAL.
CLUB POSITIVELY HAS IN SIGHT INDUSTRIES
WHICH WILL PROVIDE EMPLOYMENT FOR 400
MEN
1T is IN THESE INDUSTRIES THAT YOUR
MONEY WILL BE INVESTED THROUGH THE
HOLDING COMPANY, BY TRUSTEES WHOM YOU
WILL ELECT
THESE INDUSTRIES WILL BE LOCATED
HERE AT HOME; OPERATED UNDER YOUR sU
PERVISION; YOU WILL KNOW AT ALL TIMES
HOW THEIR BUSINESS is BEING CONDUCTED
AND EVERY PENNY PAID OUT BY THESE
INDUSTRIES FOR BUILDING SUPPLIES AND
FOR LABOR WILL BE EXPENDED HERE AT
HOME, WHERE YOU AND YOUR FAMILY WILL.
GET SLICE OF IT.
The Copper Country Commercial club is seeking
to give everyone an opportunity share in the organ
lzatlon OF this holding company It wants to see YOU
interested. YOU should be interested
No matter whether you are a property holder or
renter IAN employer an employee a capitalist or
laboring man. you have interest in this project You
will profit from its success
You will be called upon next week to do YOU.
share.
Do not hesitate-Be ready
DO IT FOR YOURSELF
DO 1T FOR YOUR FAMILY
DO 1T FOR YOUR NEIGHBOR.
DO 1T FOR YOUR HOME TOWN.
COPPER COUNTRY COMMERCIAL CLUB /