Bisbee daily review., 1914-02-06
MAKES
 A GOOD REPORT
Tells of Much That Arizona Automobile Air Brake Co.
 Has Accomplished With a Minimum Expenditure

treasurer of the Arizona Automatic | Air Brake Co. Is now in circulation | from the Baltimore offices of the company. Mir Lanford after compli. menting the officers Of the company | for their excellent work in further. ing it's interests and also compli- | menting the stockholders of the com have shown, submits a number of very high recommendations of the brake, secured from men who have operated it in actual service in the east. He concludes his report with the following interesting statement:
 These testimonials have been giv. en by men, all of whom belong to- the Brotherhood of Locomotive En- gineers and the Order of Railway Conductors. They have had the prac- tical experience and certainly know the value Of accurate and positive braking power We believe that the Men in the Overalls" are the very
 best judges of the efficiency of any brake.
 The title to all patents issued tc
 W. G. Canion have been transferred
 to the Arizona Automatic Air Asso.
 citation and all business is now being
 transacted in the name of the com.
 pany.
 We have had one good demonstra.
 ton of the brake. on November goth.
 1913. and several prominent men and
 some air experts attended. Not one objection was offered after the brake
 was put through real test. which
 was done at a junction point between
 Washington and Baltimore. or course
 many questions were asked and in
 answer to every question the engin
 ger. manipulating the brake from the
 front end of the car. made 1t answer them.
 Al an impromptU meeting of thu Q stockholders held on the 18th. of thi p month January, i9l4l the proposi ton of organizing a separate brak' p company was approved. 1 would lik' to make a suggestion, in addition tI
 that proposition, that you. by resolu ton. appoint committee or inves B the directors with the authority t - transfer your interests in the con , pany, and to handle the organization - of the new company in the east. Al - emergency might arise in which tn
 immediate transfer of the entir e brake company would be require
 ff n [. matters greatly if a transaction coul r be made without delay. believ Q this would be of very material il h terest to all stockholders and 1 hop .- you will give 1t serious considerable n at your annual meeting.
 Statement of Receipts and Oisburs ments
 n Making brake and two small ,t models, including drafting, " mechanics labor, etc. in Fl .el Paso ...... ,... ...,f..f'S -o-'s .s Onice rent and onice sup .n plies in Bisbee. 1913. ... Sl3.l ,e office rent and Onice sup w plies in Baltimore. .....,. 25l.l
 Universal Photographic Co,
 al Baltimore, experimental " work. material, labor and IT. drafting .... .......... 2,S9O., ~ Commission on stock sales l.2i2' ,a Salaries paid since looming ,a to Baltimore ..... ........ l,ol5.' =, incidental and Incorporating ,a expenses, 1911 and 1912 GIL hal W. G. Canion, expenses Ter ar 1911, 1912, and 1913, in V, cluding travelling, living, of' ho flee in Fl Paso, patent ot- fin flee, patent attorneys and lh incidentals. ....... ... 5.2s7, .h Balance in Banks January us lst. 1914 ........... .----~'' l''"o' no si3,79O. as Amount received from stock in sales ...... .......--. l-'So'' nd Nbney borrowed for temper
 ary use and included in w.
 G. Canion's expense ac'
 count . ..... 935 -k- StS.79O