The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1915-08-12
MILLS REORGANfzE.
Continued from Page one.)

l.
agement as at present The PROPOSE
ton looking to the big increase IN
ca pital means a larger, more active
and energetic institution and the pos
sibility of some changes in manage
ment of the corporation.
Stock to Topekans.
Virtually all of the new stock Will
be disposed of in Topeka according
to the plans now being considered by
officers of the firm. AS soon as the
extension project is formally approved
by the stockholders, the new stock is
sue will be floated and definite plan
outlined for the extension of the busl-
ness and working capital of the cora
pany.
1.-The new plan will give to the COM
pany a greater working capital ana
make more easy the carrying on OF the
big business of the company, ex-
planned David Bowie, director of the
Mills company. The reorganization
plan will be considered at a meeting of
the directors in Topeka, August "A.
The project means an increase of from
100000 to $4,000 in the authorized
capitalization of the company
May Increase Stock.
1t is not known at this time whether
the entire new stock issue will be Of
fered Immediately. While the present
authorized capital of the Mills COM
pany is 100000, the actual paid up
capitalization of the firm is $263,234.
filed with the secretary of state and
showing condition of the firm at the
close of business December 81, 1913
the invoiced stock is given at $685.
$3.50. 1t is probable that this stock
may be increased under the reorgan-
ization plan. In the main, though, the
new capitalization will go to the use
of the firm for the carrying on of its
big business.
Recently the Rorabaugh interests
sought to buy the Mills store. The
matter never reached the point where
it was submitted to the stockholders.
To Rorabaugh Interests.
THE matter was considered, but no
definite proposition was made either
by Mr.. Rorabaugh or by the Mills
explained Mr.. Bowie. I'm
the last ten days Mr.. Rorabaugh has
taken over new interests in Oklahoma
now a possibility of this change and
none is being considered by the di-
rectors.''
1t was admitted today that an eff
fort would be made to control the
stock of the store in Topeka.
I'VE will try to interest Topeka
capital in the extra stock issue and to
reserve control of the store here
Bowie stated.
. Officers of the Mills company are:
w w. Mills. president; A. NJ. Mills,
secretary; L. G: Thorpe, treasurer
Directors are: w. w. Mills, Thomas
u.
man, w. L. Trump and L. G. Thorpe,
Topeka; and A. D. Kendall, Valley
Falls. A. NJ. Mills withdrew from the
firm May I.
Women Hold a Hand.
Control of the store is largely in
as shown by the 1914
report, and four-fifths of them are
women. The stockholders live in all
parts of the world, nineteen states and
countries being represented in the per-
sonnet of share owners. W. w. Mills
of Topeka, president of the company,
is the largest individual stakeholder
The records show that he owns
365 lilo shares of the stock.
Larger Stockholders.
Among the larger stockholders of
the company are: Isaac Adams, Ma
Mia, P. l.; Mrs. A. l.. Adams, Oak
land, Cal; Mrs. Minnie w. Alexander,
Kan; Anna L. Bacon. Chi
cago; Annie L. A. Baird, Korea; David
Bowie, North Topeka; Olive s. Can
dee, Kansas City, Mo-; Anna S. Crane,
Topeka; F. D. Coburn and Mrs. F. D.
Coburn, Topeka; George J. Crossman,
Topeka; Hattie NJ. Crossman, Topeka;
Mrs. Evan Davis. Topeka; Mrs. T. F.
Doran, Topeka; Jacob Emery, DAN
Vile, ILL.,; Charles w. Emery, Phila-
philadelphia, Pa; T. F. Carver, To-
peka; Mrs. r. B. Gemmel, Topeka;
Anna E. Holcombe, Ringoes, n. j.;
A d. Kendall, Valley Falls, Kan;
Josephine kits, Ottawa, Kan; Lee
titia Lambe, Los Angeles, CAL; ]. Is
Larimer, trustee, Topeka; Mrs. Ray c. |
Topeka; Mrs E G. Nc
Pherson, Howell. Mich; Mrs. J Nc
Pherson, Howell, Mich; Josephene
Mendum, Topeka; III. c.. Merrill Red
Bluff, Cal; w. w. Mills, Topeka; Rosa
Nyce, Peru, Ind; Thomas Page, To-
peka; David Page, Topeka; A. 6. Per
kins, Delphos, Ohio; Mary G PerIe4,
Woodstock, Conn; l.. G. Thorpe w |
u. Trump, w. b. Wilton, o. j. Wood !
Topeka; Mary ]. WATSON, Ottawa,
Kan.
When requested this afternoon to
make a statement concerning the con-
reorganization of the COM
pany, w w. Mills, president of tire
company, declined to discuss the mat
ter.
Il have positively nothing to say
about the matter" said Mr. Mills |
and decline to permit any statement
as coming from me-
Then Mr.. Mills was asked as to au-
thority of the statement that a reor-
ganization was considered. When in
formed that the report had been con-
firmed by a director Of the company
the president of the company declined
either to confirm or deny the state
ment.
Has sale of the store to the Rora-
baugh interests been contemplated 20
was asked.
Mr. Mills hung up the receiver.
A